8-KEarnings & ResultsExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Financial Results (Jan 13, 2012)

Filed January 13, 2012For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

JPMorgan Chase & Co. (JPM) filed an 8-K report on January 13, 2012, detailing its fourth quarter 2011 financial results. The company reported a net income of $3.7 billion, or $0.90 per share, for the quarter ending December 31, 2011. This represents a decrease compared to the $4.8 billion, or $1.12 per share, reported in the fourth quarter of the prior year (2010). This filing provides investors with a key update on the company's profitability. While the net income and earnings per share declined year-over-year for the fourth quarter, this report is crucial for understanding the firm's performance trends heading into 2012. Investors should refer to the attached earnings release and financial supplement for a more detailed breakdown of the results and underlying business segment performance.

Key Highlights

  • 1JPMorgan Chase & Co. reported Q4 2011 net income of $3.7 billion.
  • 2Q4 2011 earnings per share (EPS) were $0.90.
  • 3This compares to Q4 2010 net income of $4.8 billion and EPS of $1.12, indicating a year-over-year decline in profitability for the quarter.
  • 4The report was filed on January 13, 2012, and pertains to events of January 12, 2012.
  • 5The filing includes the Q4 2011 earnings release (Exhibit 99.1) and a financial supplement (Exhibit 99.2) for detailed information.
  • 6Forward-looking statements are included, with disclaimers about risks and uncertainties, referencing prior SEC filings for further details.

Frequently Asked Questions

JPMorgan Chase & Co. reported a net income of $3.7 billion for the fourth quarter of 2011.

Net income decreased from $4.8 billion in Q4 2010 to $3.7 billion in Q4 2011. Earnings per share also decreased from $1.12 in Q4 2010 to $0.90 in Q4 2011.

More detailed information can be found in the attached Exhibits 99.1 (Earnings Release) and 99.2 (Earnings Release Financial Supplement) to this Form 8-K filing.

Yes, the report contains forward-looking statements that are based on management's current beliefs and expectations. The company notes that actual results may differ due to significant risks and uncertainties and directs investors to its previous SEC filings for a full discussion of these factors.