YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

JPMorgan Chase posts 21% earnings jump in Q4

Posted online

JPMorgan Chase reported a 21% increase in fourth-quarter earnings to $8.5 billion.

Officials cited a rebound in trading revenue to end 2019.

"JPMorgan Chase produced strong results in the fourth quarter of 2019, capping off a solid year for the firm where we achieved many records, including record revenue and net income," CEO Jamie Dimon said in a news release. "While we face a continued high level of complex geopolitical issues, global growth stabilized, albeit at a lower level, and resolution of some trade issues helped support client and market activity towards the end of the year."

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Rebar Kitchen & Taproom

A pair of food industry veterans teamed up to open Rebar Kitchen & Taproom; May 2 marked the grand opening for the new headquarters of 27North Inc.; and the first brick-and-mortar shop for Springfield Trading Co. launched.

Most Read
Update cookies preferences