JPMorgan Chase: Q4 EPS Tops Estimates
Global financial giant JPMorgan Chase (NYSE:JPM) reported fourth quarter and full-year earnings on Wednesday, Jan. 15, that exceeded both top- and bottom-line estimates. Q4 earnings per share (EPS) of $4.81 came in well ahead of the analysts' consensus forecast of $4.09. Total managed revenue came in at $43.7 billion, beat estimates of $41.9 billion and rising 10% year over year.
Overall, the quarter highlighted solid financial health, driven by achievements in investment banking and asset management, though challenges in deposit margin compression and in the regulatory environment remain.
Source: JPMorgan Chase. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. ROE = Return on equity.
Source Fool.com
JPMorgan Chase & Co. Stock
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