JPMorgan Chase & Co (JPM) Earnings: January Charge-Offs at 1.64% – Key Insights and Ratings Update

JPMorgan Chase & Co on Smartkarma

Analysts on Smartkarma, such as Baptista Research and Daniel Tabbush, are bullish on JPMorgan Chase & Co following its robust performance in the fourth quarter of 2024. JPMorgan reported net income of $14 billion, earnings per share of $4.81, and revenue of $43.7 billion, marking a 10% year-on-year revenue increase. The return on tangible common equity (ROTCE) stood strong at 21%, showcasing the firm’s solid financial health.

According to Daniel Tabbush‘s research, JPMorgan’s 4Q24 results highlighted continued strength in core income, efficient cost controls, and solid asset-liability management. Despite rising non-accrual loans, JPMorgan has substantial and increasing loan loss reserves for coverage. Tabbush also noted exceptional rise in quarterly net interest income compared to other US banks, attributing it to JPMorgan’s strong ALM practices and overall well-managed business segments, supporting a positive outlook for the company.

A look at JPMorgan Chase & Co Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, JPMorgan Chase & Co has a mixed long-term outlook based on various factors. The company scores well in terms of Growth and Momentum, indicating potential for strong future performance and market momentum. This suggests that JPMorgan Chase is positioned for growth and is currently experiencing positive market trends.

On the other hand, the company scores lower in terms of Resilience, which may indicate vulnerability to economic fluctuations or market challenges. However, JPMorgan Chase & Co scores average in Value and Dividend factors, suggesting a balanced financial standing and dividend distribution.

### JPMorgan Chase & Co. provides global financial services and retail banking. The Company offers a wide range of services including investment banking, asset management, and commercial banking to businesses, institutions, and individuals. ###

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