JPM's Q4 Earnings Beat on Solid IB & Trading, NII Down on Lower Rates
JP MORGAN CHASE(JPM) ZACKS·2025-01-16 00:01
Solid investment banking (IB) and trading performance drove JPMorgan’s (JPM) fourth-quarter 2024 earnings to $4.81 per share. The bottom line handily surpassed the Zacks Consensus Estimate of $4.03.See the Zacks Earnings Calendar to stay ahead of market-making news.Behind JPMorgan’s Headline NumbersAs expected, the IB business witnessed solid growth. Equity underwriting fees jumped 54% and debt underwriting fees grew 56%. Also, advisory fees rose 41%. Overall, total IB fees (in the Commercial & Investment B ...