Summary
JPMorgan Chase & Co. reported its third-quarter 2016 financial results on October 14, 2016. The firm posted a net income of $6.3 billion, or $1.58 per share, which represents a decrease compared to the $6.8 billion, or $1.68 per share, reported in the same quarter of the prior year. This filing primarily serves to announce these results, with detailed information available in the attached earnings release and financial supplement. While the headline figures show a slight year-over-year decline in net income and earnings per share, investors should refer to the accompanying exhibits for a comprehensive understanding of the underlying performance drivers, including detailed segment results, balance sheet information, and any forward-looking statements or management commentary provided in the earnings release. The filing also includes standard financial calculations related to earnings to fixed charges.
Key Highlights
- 1JPMorgan Chase reported Q3 2016 net income of $6.3 billion.
- 2Earnings per share (EPS) for Q3 2016 were $1.58.
- 3This represents a decrease from Q3 2015's net income of $6.8 billion and EPS of $1.68.
- 4The filing includes the official Q3 2016 earnings release (Exhibit 99.1).
- 5A detailed financial supplement for Q3 2016 results is also attached (Exhibit 99.2).
- 6Standard financial calculations for earnings to fixed charges are provided.
- 7The information presented is deemed 'filed' under the Securities Exchange Act of 1934.