Summary
JPMorgan Chase & Co. reported a strong fourth quarter and full year 2018, demonstrating significant year-over-year profit growth. The company announced fourth quarter 2018 net income of $7.1 billion, a substantial increase from $4.2 billion in the same period of 2017. This translates to earnings per share (EPS) of $1.98 for the fourth quarter of 2018, up from $1.07 in the prior year's fourth quarter. This filing serves as notification of these results, with detailed information provided in the attached earnings release and financial supplement. Investors should note the robust performance, particularly the significant jump in net income and EPS, indicating a positive financial trend for the company heading into 2019. The attached exhibits offer a deeper dive into the specific drivers of this performance across various business segments.
Key Highlights
- 1JPMorgan Chase reported Q4 2018 net income of $7.1 billion.
- 2This represents a significant increase from $4.2 billion in Q4 2017.
- 3Q4 2018 earnings per share (EPS) was $1.98, compared to $1.07 in Q4 2017.
- 4The company's financial results for the fourth quarter of 2018 exceeded prior year performance.
- 5Detailed financial information is available in the attached Exhibits 99.1 and 99.2.
- 6The filing confirms the results are being furnished on January 15, 2019, based on data from January 14, 2019.