JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter
- JPMorgan's net income increased by 50% to more than $14 billion in the fourth quarter, exceeding Wall Street forecasts.
- Earnings per share rose to $4.81 from $3.04 a year ago, beating Wall Street profit projections of $4.09 a share according to FactSet.
- JPMorgan's CEO Jamie Dimon noted that the U.S. Economy remains strong with low unemployment and strong consumer spending.
- JPMorgan announced that Daniel Pinto will step away from his position as President and Chief Operating Officer at the end of June 2025, with Jennifer Piepszak taking over the role.
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Coverage Details
Total News Sources0
Leaning Left5Leaning Right3Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 31%
C 50%
R 19%
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