f
  •  
© Reuters.  © Reuters.

By Geoffrey Smith

Investing.com -- JPMorgan Chase's (NYSE:JPM) earnings blew past expectations in the final quarter of 2019, rising 30% from a year earlier to $2.57 a share, a full 10% above consensus forecasts.

Revenue likewise far exceeded expectations, rising 9% on the year to $29.21 billion.

Analysts polled by Investing.com had anticipated EPS of $2.35 on revenue of $27.87 billion.

The results were helped by an 8% increase in consumer loans, reflecting the sustained strength of U.S. spending.

“The U.S. consumer continues to be in a strong position and we see the benefits of this across our consumer businesses,” chairman and CEO Jamie Dimon said in a statement.

The bank’s corporate and investment bank also chipped in handily, with total markets revenue rising 56% on the year to $5.0 billion.

Reported net income edged down from the previous quarter to $8.5 billion, due in part to the sale of home loans.

Return on tangible common equity, a core measure of profitability, was 17% - down from 18% in the previous quarter but up from 14% in the final quarter of last year, which was marked by extreme volatility in global markets.


Other relevant articles 
[2020-01-14 13:05:05] JPMorgan profit gets boost from trading, underwriting
[2020-01-14 13:00:08] JPMorgan Earnings, Revenue Beat in Q4
[2020-01-14 13:00:08] Breaking: JPMorgan Q4 Earnings Blow Past Expectations
[2020-01-12 19:10:19] 3 Stocks To Watch In The Coming Week: JPMorgan, Delta Air Lines, Schlumberger
[2020-01-11 11:15:16] JPMorgan Sees �High Anticipation’ for CME Bitcoin Options Launch
[2020-01-08 20:30:10] JPMorgan Chase raises annual fee on popular Sapphire credit card
[2020-01-06 08:05:22] UBS, JPMorgan See Little Asian Market Impact From U.S.-Iran...
[2019-12-20 23:55:13] HSBC, JPMorgan used Bank of England audio-feed now under probe:...
[2019-12-20 21:05:12] JPMorgan pressed by Senate Democrats on racial discrimination...
[2019-12-18 12:25:07] JPMorgan receives final approval for majority-owned securities...
[2019-12-11 21:55:05] JPMorgan to revamp wealth management business: WSJ
[2019-12-09 22:25:23] JPMorgan seeks $1 billion for mezzanine debt fund: Bloomberg
[2019-12-09 06:05:23] JPMorgan Sees $410 Billion Bump to Stocks’ Demand-Supply Balance
[2019-12-06 04:20:11] JPMorgan banker says he spent a year meeting regulator in...
[2019-12-05 06:00:17] Ex-JPMorgan banker began Australia regulator contact two years before Citi,...
[2019-12-04 12:55:08] JPMorgan Among Banks Added to ECB Oversight as Brexit Looms
[2019-11-21 23:35:09] JPMorgan lowers account minimum, expands free trades for You Invest
[2019-11-20 23:55:08] Ex-JPMorgan trader found guilty in U.S. currency-rigging trial
[2019-11-16 00:45:15] U.S. charges another ex-JPMorgan executive with alleged market...
[2019-11-15 12:40:11] Apple could raise annual ad income to $11 billion by 2025:...
[2019-11-14 20:00:13] Exclusive: Eurazeo hires JPMorgan to exit car rental group...
[2019-11-08 15:45:12] JPMorgan and Citigroup Get Out of Gold to Tilt Toward Risk
[2019-11-06 14:25:07] JPMorgan Has a Plan to Help Amazon and Airbnb Look More Like...
[2019-11-05 17:20:14] JPMorgan CEO says lessons learned from failed WeWork IPO
[2019-10-31 21:05:08] JPMorgan Has Solution for Powell That Will Free Up Banks’ Cash
[2019-10-22 23:10:06] JPMorgan Says Sell Chilean Stocks Amid Worst Unrest in Decades
[2019-10-18 21:10:17] General Motors strike to slash U.S. October payrolls: JPMorgan
[2019-10-15 22:15:05] Stocks - JPMorgan, UnitedHealth, J&J Give Wall Street a Jolt
[2019-10-15 22:05:05] JPMorgan Felt Barred From Calming Repo Market by Regulations
[2019-10-15 22:05:05] JPMorgan Wields Edge on Rivals in Months Jarred by Market Tumult
[2019-10-15 17:00:11] JPMorgan beats profit estimates on strength in bond trading,...
[2019-10-15 15:10:04] Stocks -  JPMorgan, BlackRock Rise Premarket; Goldman Sachs...
[2019-10-15 14:00:10] JPMorgan profit boosted by bond trading, strong underwriting
[2019-10-15 13:30:06] JPMorgan profit boosted by bond trading, strong underwriting
[2019-10-15 13:15:05] NewsBreak: JPMorgan Posts Record Revenue in 3Q; EPS Beats...
[2019-10-15 13:00:08] JPMorgan Earnings, Revenue Beat in Q3
[2019-10-11 18:25:17] British regulator reviews JPMorgan metals trading amid U.S....
[2019-10-11 05:50:28] JPMorgan Economists Warn of Black Swan Risks From Climate Change
[2019-10-07 22:50:25] JPMorgan names Rebecca Thornton head of director advisory...
[2019-10-07 14:35:26] JPMorgan Says Euro Area to Be Key Equities Winner in Brexit Deal
[2019-10-04 22:40:13] JPMorgan, BlackRock Say Investors Too Cautious on Repeat of 2008
[2019-10-01 17:35:05] Brexit delay probability raised to 85% from 60%, JPMorgan says
[2019-09-30 22:10:35] JPMorgan Doubles Down on Pound Short After Unexpected Rally
[2019-09-30 12:50:23] JPMorgan Says It’s Time to Switch From U.S. to Euro-Area Stocks
[2019-09-26 11:20:07] JPMorgan Likes Energy Stocks and Is Perplexed That Others Don’t
[2019-09-25 08:00:11] Ex-JPMorgan Australia executives named as prosecution witnesses...
[2019-09-24 21:40:05] JPMorgan invests $25 million in fintech start-ups
[2019-09-24 00:05:27] Russian man pleads guilty in U.S. to role in hacking scheme that...
[2019-09-18 11:20:07] JPMorgan says UK PM Johnson unlikely to get a Brexit deal at...
[2019-09-17 14:20:04] JPMorgan Tells Worried Clients Rising Yields Can Help Stocks
[2019-09-16 16:25:23] JPMorgan is fined for lax disclosure of misconduct allegations...
[2019-09-13 14:20:12] Deutsche Bank Gets Biggest Boost From Tiering, JPMorgan Says
[2019-09-12 20:50:08] Exclusive: Two JPMorgan metals executives put on leave amid U.S....
[2019-09-11 16:02:04] Pros Are Ditching the Bitcoin Market, JPMorgan Says
[2019-05-21 16:05:08] JPMorgan raises its Brexit no-deal probability forecast to 25 from 15%
[2019-05-21 15:45:19] No-deal Brexit probability rises to 25% from 15%, JPMorgan says
[2019-05-16 12:35:12] Ex-JPMorgan banker faces Hong Kong bribery charges over...
[2019-05-15 15:15:25] JPMorgan Chase will invest $125 million in programs to encourage...
[2019-05-14 01:30:32] Long fight over error in JPMorgan loan to GM settles for $231...
[2019-05-08 19:45:19] JPMorgan shareholders advised to vote against executive...
[2019-05-08 09:00:21] JPMorgan poised to be first foreigner to get majority in China...
[2019-04-30 15:35:27] How to train your machine: JPMorgan FX algos learn to trade better
[2019-04-17 23:15:20] JPMorgan shuffles CFO and card services executives
[2019-04-12 19:40:26] JPMorgan lifts expectations for rivals with earnings beat
[2019-04-12 14:00:48] Futures rise as JPMorgan kicks off earnings season on strong note
[2019-04-12 13:30:34] JPMorgan profit tops estimates on higher interest income
[2019-04-12 12:50:22] JPMorgan Earnings, Revenue beat in Q1
[2019-04-11 22:50:30] JPMorgan places Venezuela debt in index watch for EMBIG index...
[2019-04-07 19:25:28] 3 Stocks To Watch In The Coming Week: JPMorgan Chase, Disney, Boeing
[2019-04-04 23:50:22] Knowles hires JPMorgan for activist defense: source
[2019-04-04 13:30:28] JPMorgan expects first-quarter net interest income to be flat
[2019-03-18 13:15:34] JPMorgan rolls out low-fee, checkless, no-overdraft accounts
[2019-03-18 12:15:31] JPMorgan Chase tests neuroscience-based video games to recruit...
[2019-03-13 18:01:42] JPMorgans Chase to open up to 90 branches in new U.S. markets
[2019-03-11 08:15:35] JPMorgan merges commercial banking groups for fast-growing...
[2019-03-06 22:20:23] Amazon, Berkshire, JPMorgan healthcare company to be called Haven
[2019-03-05 14:50:12] JPMorgan backs away from private prison finance
[2019-03-01 03:05:17] JPMorgan stays with Venezuela in emerging bond indexes: fund...
[2019-02-28 11:30:15] JPMorgan Considering China Onshore Private Bank Business
[2019-02-27 21:50:29] JPMorgan hires commercial bankers, leaders across Europe, Asia
[2019-02-27 00:15:27] JPMorgan absolved by U.S. judge in former top brokers suicide
[2019-02-26 15:20:26] JPMorgan maintains key profit goal for next three years
[2019-02-22 18:00:53] U.S. judge will not block Amazon-Berkshire-JPMorgan health...
[2019-02-22 12:10:35] JPMorgan trades banker offices for shared desks
[2019-02-21 23:20:39] Fed permanently bars former JPMorgan banker over China hiring...
[2019-02-15 08:40:17] Wall Street divided on Brexit: Goldman sees a deal, JPMorgan sees...
[2019-02-14 15:20:19] JPMorgan Chase to create digital coins using blockchain for...
[2019-02-08 11:45:20] JPMorgan appoints former Finland leader Aho to advisory body
[2019-02-01 13:15:23] JPMorgan keeps Venezuelas PDVSA in emerging bond indexes
[2019-01-30 22:05:31] JPMorgan CEO: No problem paying higher taxes if used properly
[2019-01-28 12:10:33] JPMorgan Says Stocks, Credit Still Havent Priced Fed Pivot
[2019-01-25 16:35:22] Cryptocurrencies Trade Lower on JPMorgan Criticism, Stronger Gold
[2019-01-23 11:20:18] JPMorgan AM turns more constructive on global stock markets
[2019-01-17 23:30:25] JPMorgan board raises Dimons compensation to $31 million
[2019-01-15 19:25:19] MarketPulse: JPMorgan Turns Positive, Pushing Financials Higher
[2019-01-15 16:45:27] Stocks - JPMorgan, Wells Fargo, UnitedHealth, Delta Airlines Fall in Premarket
[2019-01-15 16:15:11] JPMorgan misses fourth-quarter profit estimates as bond trading...
[2019-01-15 13:55:08] Stock futures flat as weak JPMorgan results offset China stimulus boost
[2019-01-15 13:05:07] JPMorgan profit rises 67 percent from a year earlier
[2019-01-15 12:50:15] JPMorgan Earnings, Revenue miss in Q4