Summary
JPMorgan Chase & Co. reported its first quarter 2013 financial results on April 12, 2013, posting a net income of $6.5 billion, or $1.59 per diluted share. This represents a significant increase compared to the $4.9 billion, or $1.19 per share, earned in the first quarter of 2012. The filing primarily serves to disclose these earnings figures and make the official earnings release and its financial supplement available to investors. The company provided detailed financial statements and exhibits, including computations of earnings to fixed charges, which offer further insights into the firm's financial leverage and profitability.
Key Highlights
- 1Reported Q1 2013 net income of $6.5 billion.
- 2Reported Q1 2013 diluted EPS of $1.59.
- 3Q1 2013 net income increased from $4.9 billion in Q1 2012.
- 4Q1 2013 diluted EPS increased from $1.19 in Q1 2012.
- 5Filed the official Q1 2013 earnings release (Exhibit 99.1).
- 6Filed the Q1 2013 earnings release financial supplement (Exhibit 99.2).
- 7Included computations of earnings to fixed charges (Exhibits 12.1 & 12.2).
Frequently Asked Questions
JPMorgan Chase & Co. reported a net income of $6.5 billion, or $1.59 per diluted share, for the first quarter of 2013.
The net income of $6.5 billion in Q1 2013 represents a substantial increase from the $4.9 billion reported in Q1 2012. Similarly, diluted earnings per share rose to $1.59 from $1.19 in the prior year's first quarter.
This filing includes the official earnings release for the first quarter of 2013, along with a detailed financial supplement. It also provides computations for earnings to fixed charges and earnings to fixed charges and preferred stock dividend requirements, which can offer insight into the company's financial leverage.