JPMorgan Chase posts record profit as the bank’s massive scale pays off

  • JPMorgan Chase on Wednesday topped estimates for fourth-quarter revenue and profit.
  • The bank was helped by better-than-expected net interest income and fixed income trading and investment banking results.
  • Profit rose 50% to $14 billion in the quarter as noninterest expenses fell 7% from a year earlier.

JPMorgan Chase (JPM) earnings Q4 2024

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