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    JPMorgan Chase Reports Q4 2012 Net Income of $5.7 Billion

    January 27 Jan 2013 | 11:53
     

    crwenews

    jpm JPMorgan Chase & Co. (NYSE: JPM)

    JPM (“JPMorgan”) previously reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011. Earnings per share were $1.39, compared with $0.90 in the fourth quarter of 2011. Revenue1 for the quarter was $24.4 billion, up 10% compared with the prior year. The Firm’s return on tangible common equity1 for the fourth quarter of 2012 was 15%, compared with 11% in the prior year.

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    JPM (“JPMorgan”) Net income for full-year 2012 was a record $21.3 billion, compared with $19.0 billion for the prior year. Earnings per share were a record $5.20 for 2012, compared with $4.48 for 2011. Revenue1 for 2012 was $99.9 billion, flat compared with 2011.

    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

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