Summary
JPMorgan Chase & Co. (JPM) has filed an 8-K report for the third quarter of 2024, revealing a net income of $12.9 billion, or $4.37 per share. This represents a slight decrease from the $13.2 billion net income, or $4.33 per share, reported in the third quarter of 2023. While earnings per share saw a modest increase, overall net income experienced a slight decline year-over-year. The filing primarily serves to announce these financial results and includes the official earnings release and a financial supplement as exhibits. Investors should refer to these attached documents for a more detailed breakdown of the company's performance, including segment-specific results, balance sheet items, and management's commentary on the operating environment and future outlook. The increase in EPS despite lower net income suggests potential share buybacks or a change in the share count, which is worth investigating in the supplemental materials.
Key Highlights
- 1Reported Q3 2024 net income of $12.9 billion.
- 2Reported Q3 2024 earnings per share (EPS) of $4.37.
- 3Q3 2024 net income decreased slightly from $13.2 billion in Q3 2023.
- 4Q3 2024 EPS increased slightly from $4.33 in Q3 2023.
- 5The filing includes the Q3 2024 earnings release and financial supplement as exhibits.
- 6All provided exhibits are considered 'filed' for SEC purposes.