Summary
JPMorgan Chase & Co. (JPM) filed an 8-K on July 16, 2003, to report its second quarter 2003 financial results. The company announced a net income of $1.83 billion, or $0.89 per share. This represents a significant increase compared to the $1.03 billion, or $0.50 per share, reported in the second quarter of 2002, and also shows an improvement over the $1.40 billion, or $0.69 per share, earned in the first quarter of 2003. The filing includes the company's earnings press release and supplemental financial schedules for the period. Investors should note that the press release contains forward-looking statements that are subject to risks and uncertainties, which could materially impact actual results. Details on these risks are available in previous SEC filings.
Key Highlights
- 1JPMorgan Chase reported a net income of $1.83 billion for the second quarter of 2003.
- 2Earnings per share (EPS) for Q2 2003 were $0.89.
- 3This Q2 2003 net income shows a substantial increase from $1.03 billion (or $0.50 EPS) in Q2 2002.
- 4The Q2 2003 results also surpassed Q1 2003 net income of $1.40 billion (or $0.69 EPS).
- 5The 8-K filing includes the official earnings press release (Exhibit 99.1) and financial supplement (Exhibit 99.2).
- 6The company disclosed that forward-looking statements are subject to risks and uncertainties as detailed in prior SEC filings.