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.