Summary
JPMorgan Chase & Co. reported its fourth quarter 2007 results, with net income of $3.0 billion, or $0.86 per share. This represents a decrease compared to the $4.5 billion in net income, or $1.26 per share, reported in the fourth quarter of 2006. The filing includes the earnings release and a financial supplement, providing detailed financial information for investors to assess the company's performance during the period. Investors should review these exhibits for a comprehensive understanding of the factors influencing the reported results.
Key Highlights
- 1JPMorgan Chase & Co. reported fourth quarter 2007 net income of $3.0 billion.
- 2Earnings per share for the fourth quarter of 2007 were $0.86.
- 3This compares to net income of $4.5 billion in the fourth quarter of 2006.
- 4Fourth quarter 2006 earnings per share were $1.26.
- 5The filing includes the official earnings release (Exhibit 99.1) for Q4 2007.
- 6A financial supplement for Q4 2007 is also provided as Exhibit 99.2.
- 7Additional financial calculations, including ratios of earnings to fixed charges, are included as exhibits.
Frequently Asked Questions
JPMorgan Chase reported a net income of $3.0 billion for the fourth quarter of 2007.
Net income in the fourth quarter of 2007 ($3.0 billion) was lower than in the fourth quarter of 2006 ($4.5 billion). Similarly, earnings per share decreased from $1.26 in Q4 2006 to $0.86 in Q4 2007.
Detailed information is available in the provided exhibits: Exhibit 99.1 (Earnings Release) and Exhibit 99.2 (Earnings Release Financial Supplement).
The filing also includes computations for the ratio of earnings to fixed charges (Exhibit 12.1) and the ratio of earnings to fixed charges and preferred stock dividend requirements (Exhibit 12.2).