JPMorgan Chase & Co. (NYSE: JPM) reported its fourth quarter 2024 earnings outcomes at the moment.
Reported web income elevated 11% year-over-year to $42.7 billion. Managed web income was $43.7 billion, up 10%.
Internet earnings grew 50% to $14 billion, and earnings per share rose 58% to $4.81 in comparison with final yr.
Income and earnings beat estimates.
Internet curiosity earnings was $23.5 billion, down 3% whereas noninterest income was $20.3 billion, up 29%.
Non-interest expense was $22.8 billion, down 7%.
The inventory was up over 1% in premarket hours on Wednesday.