JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.

JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday. The largest U.S. bank also forecast its net interest income,

JPMorgan Chase reports fourth-quarter earnings before the bell Wednesday. Analysts surveyed by LSEG expect earnings per share of $4.11 and and revenue of $41.7 billion. JPM executives will hold an investor call at 8:30 a.m. ET. JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Wednesday.

JPMorgan Chase handily beat analyst expectations for its financial performance at the end of 2024, as credit remained solid and investment banking fees surged across all products. Your complimentary guest account includes access to a limited number of articles.