JPMorgan Chase Tops Q4 Estimates, Profit Up 47%
January 14, 2011 at 09:15 AM EST
JPMorgan Chase & Co. (JPM) posted fourth quarter earnings of $1.12 this morning, easily beating the $1.00 profit expected by analysts. The second-largest financial institution in America brought in net income of $4.8 billion, topping last year’s Q4 figure by 47%, while revenue rose 6% year over year. The firm’s Q4 revenue tally of $26.7 [...]