Video Credit: Wochit Business - Duration: 00:53s - Published < > Embed
JPMorgan Sees Disappointing Profit
REUTERS/Mike Segar/Files (Reuters) - JPMorgan Chase & Co (JPM.N) on Tuesday reported a 67 percent rise in fourth-quarter profit from a year ago, when it took a $2.4 billion charge due to an overhaul of the U.S. tax code.
The largest U.S. bank by assets said net income for the fourth quarter ended Dec.
31 rose to $7.07 billion, or $1.98 per share, from $4.23 billion, or $1.07 per share, a year ago.
In early trading on Friday, shares of JPMorgan Chase (JPM) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.5%. Year to date, JPMorgan Chase registers..
Credit: Market News Video Duration: 01:02Published
Jamie Dimon weighed in on the government shutdown after JPMorgan released earnings Tuesday, Jan. 15. Dimon made comments about the shutdown during JPMorgan's earnings call. JPMorgan Earnings Fall Shy..