JPMorgan reports higher-than-expected fourth-quarter revenue

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JPMorgan reports higher-than-expected fourth-quarter revenue
Photo: Michel Euler

The major American bank JPMorgan Chase & Co. reported $46.7 billion in revenue in the fourth quarter of last year, according to financial statements. This was marginally more than the average forecast of $46.4 billion.

The stock is up 1 percent in futures trading immediately after the report.

Trading revenue was $2.9 billion, above the expected $2.7 billion, and adjusted earnings were $5.23 per share, versus the expected $5.00.

More reports from Wall Street financial giants will follow later in the week. Next in line are Bank of America, Wells Fargo and Citigroup on Wednesday, followed by reports from Goldman Sachs and Morgan Stanley on Thursday.

The reporting season on the Stockholm Stock Exchange will not start until next week, when Investor and Ericsson, among others, will present their financial statements for 2025.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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