revenue of $29.2 billion in the fourth quarter, higher than the $28.3 billion reported in the same period last year and even better than average analyst projections of $28.3 billion.
Net income, meanwhile, soared to $12.1 billion, or $3.79 per share, up an eye-popping 42% year over year and similarly beating average Wall Street estimates calling for earnings of $2.62 per share. JPMorgan stock futures ticked up 0.7% within minutes of the announcement; shares closed up 0.6% on Thursday, finally recouping all their pandemic losses to hit a new all-time high.“JPMorgan Chase reported strong results in the fourth quarter of 2020, concluding a challenging year where we generated record revenue,” the firm’s billionaire chairman and CEO, Jamie Dimon, said in a statement released alongside earnings, before warning of the still-precarious economic state.
bail US out!
This fucking company investment money on sex trafficking pornsites like Pornhub what a moron shutdownphub 👈 check here.
Burnthebanks
Those PPP fees really paid off.
How much of that came directly from Uncle Sam?
Looks like winnie the pooh bear
95% only bad news(
Forbes discriminates against political affiliation
When those stimmy checks hit $$$
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