8-KEarnings & ResultsExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Financial Results (Apr 11, 2014)

Filed April 11, 2014For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

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.

Frequently Asked Questions

JPMorgan Chase reported a net income of $5.3 billion for the first quarter of 2014.

The first quarter of 2014 saw a decrease in net income to $5.3 billion ($1.28 per share) compared to $6.5 billion ($1.59 per share) in the first quarter of 2013.

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

This 8-K filing itself does not provide specific reasons for the decrease in earnings. Investors would need to refer to the attached earnings release (Exhibit 99.1) and the financial supplement (Exhibit 99.2) for detailed analysis and commentary from the company.