Summary
JPMorgan Chase & Co. (JPM) filed an 8-K on October 20, 2004, reporting its third quarter 2004 financial results. The company announced a net income of $1.4 billion, or $0.39 per share, for the quarter. This represents a decrease compared to the $1.6 billion, or $0.78 per share, reported in the third quarter of 2003. The filing primarily serves to attach the company's earnings release and a financial supplement detailing the third quarter performance. Investors should refer to these attached exhibits for a comprehensive understanding of the results, including specific segment performance and balance sheet details. The report also includes forward-looking statements and risk factors, particularly those related to the recent merger, which could impact future financial outcomes.
Key Highlights
- 1JPMorgan Chase reported $1.4 billion in net income for Q3 2004.
- 2Earnings per share (EPS) for Q3 2004 were $0.39.
- 3This represents a decline in net income and EPS compared to Q3 2003 ($1.6 billion net income, $0.78 EPS).
- 4The filing includes Exhibit 99.1 (Earnings Release) and Exhibit 99.2 (Financial Supplement) for detailed Q3 2004 results.
- 5The report includes standard forward-looking statements and risk factors related to merger integration, cost savings, and client relationships.
- 6Exhibit 12.1 and 12.2 provide calculations for the company's ratio of earnings to fixed charges and preferred stock dividend requirements.