Summary
JPMorgan Chase & Co. reported its fourth quarter and full-year 2013 financial results, with fourth quarter 2013 net income totaling $5.3 billion, or $1.30 per share. This represents a slight decrease compared to the $5.7 billion, or $1.39 per share, reported in the fourth quarter of 2012. While specific drivers for the change are detailed in the accompanying earnings release (Exhibit 99.1), investors should note this quarter-over-quarter comparison. The filing also includes the financial supplement (Exhibit 99.2) which provides more detailed financial data, and specific computations related to earnings to fixed charges and preferred stock dividend requirements (Exhibits 12.1 and 12.2). Investors seeking a deeper understanding of the company's profitability and financial health should review these supplementary documents.
Key Highlights
- 1JPMorgan Chase reported Q4 2013 net income of $5.3 billion.
- 2Q4 2013 earnings per share (EPS) were $1.30.
- 3This compares to Q4 2012 net income of $5.7 billion and EPS of $1.39.
- 4The company filed its 8-K on January 14, 2014, reporting on events from January 13, 2014.
- 5The filing includes the full Q4 2013 earnings release as Exhibit 99.1.
- 6A detailed financial supplement for Q4 2013 is also attached as Exhibit 99.2.
- 7Computations of earnings to fixed charges and preferred stock dividend requirements are provided as Exhibits 12.1 and 12.2.