Summary
JPMorgan Chase & Co. reported its first quarter 2014 financial results on April 11, 2014. The firm announced a net income of $5.3 billion, or $1.28 per share, for the quarter ending March 31, 2014. This represents a decrease compared to the first quarter of 2013, when the company reported a net income of $6.5 billion, or $1.59 per share. The filing also includes the attached earnings release (Exhibit 99.1) and a financial supplement (Exhibit 99.2) for the first quarter of 2014. These documents provide a more detailed breakdown of the company's financial performance. Investors should review these exhibits for a comprehensive understanding of the quarter's results, including any specific factors that may have contributed to the year-over-year decline in net income and earnings per share.
Key Highlights
- 1JPMorgan Chase reported Q1 2014 net income of $5.3 billion.
- 2Q1 2014 earnings per share (EPS) were $1.28.
- 3This represents a decrease from Q1 2013 net income of $6.5 billion.
- 4Q1 2013 EPS was $1.59.
- 5The company filed an 8-K on April 11, 2014, detailing these results.
- 6The earnings release (Exhibit 99.1) and financial supplement (Exhibit 99.2) are attached to the filing.