8-KEarnings & ResultsExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Financial Results (Jan 18, 2006)

Filed January 18, 2006For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

JPMorgan Chase & Co. (JPM) announced its fourth quarter 2005 results on January 18, 2006. The company reported a significant increase in net income, reaching $2.7 billion, or $0.76 per share, a substantial improvement from $1.7 billion, or $0.46 per share, in the fourth quarter of 2004. This represents strong year-over-year growth and indicates a positive financial performance for the company during the period. The filing also includes the company's earnings release and a financial supplement for the fourth quarter of 2005, providing detailed financial information for investors. Additionally, JPMorgan Chase provided calculations for its Ratio of Earnings to Fixed Charges and Ratio of Earnings to Fixed Charges and Preferred Stock Dividend Requirements, which are important metrics for assessing financial leverage and stability.

Key Highlights

  • 1JPMorgan Chase reported Q4 2005 net income of $2.7 billion.
  • 2Q4 2005 earnings per share (EPS) were $0.76.
  • 3This is a significant increase compared to Q4 2004 net income of $1.7 billion.
  • 4Q4 2004 EPS was $0.46, indicating substantial year-over-year profit growth.
  • 5The filing includes the Q4 2005 Earnings Release (Exhibit 99.1) and Financial Supplement (Exhibit 99.2).
  • 6Computations for the Ratio of Earnings to Fixed Charges and the Ratio of Earnings to Fixed Charges and Preferred Stock Dividend Requirements are provided as exhibits.

Frequently Asked Questions

JPMorgan Chase reported a net income of $2.7 billion for the fourth quarter of 2005.

Net income increased significantly from $1.7 billion in Q4 2004 to $2.7 billion in Q4 2005. Earnings per share also saw a substantial rise from $0.46 in Q4 2004 to $0.76 in Q4 2005.

The filing includes the company's official earnings release for the fourth quarter of 2005 (Exhibit 99.1) and a detailed financial supplement (Exhibit 99.2). It also provides the company's calculations for its debt coverage ratios.