JPMorgan Chase & Co (JPM) Earnings: March Charge-Offs Rise to 1.85%

JPMorgan Chase & Co on Smartkarma

Analyst coverage of JPMorgan Chase & Co on Smartkarma highlights the positive sentiments surrounding the firm’s latest financial performance. Baptista Research‘s report emphasizes JPMorgan’s robust performance in the fourth quarter of 2024, with a net income of $14 billion and earnings per share of $4.81 on revenue of $43.7 billion, reflecting a 10% year-on-year revenue increase and a solid return on tangible common equity (ROTCE) of 21%.

Additionally, analyst Daniel Tabbush‘s research reports on JPMorgan’s 4Q24 results show continued strength in core income, good cost controls, and strong asset-liability management, with rising non-accrual loans well covered by substantial and increasing loan loss reserves. Tabbush also highlights the exceptional core income strength of JPMorgan, attributing it to strong asset-liability management, which he views as core to banking and supportive of the firm’s outlook.

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

JP Morgan Chase & Co, a global financial services and retail banking giant, has received a promising long-term outlook based on the Smartkarma Smart Scores. With a growth score of 4 and momentum score of 4, the company shows strong potential for expansion and sustained performance in the market. Additionally, scoring a solid 3 in value, dividend, and resilience, JPMorgan Chase & Co demonstrates stability and value for investors.

Providing a wide range of financial services including investment banking, asset management, and commercial banking, JPMorgan Chase & Co caters to a diverse client base of businesses, institutions, and individuals. The company’s balanced scoring across key factors highlights its overall strength and competitiveness in the financial industry, making it a strategic choice for long-term investment considerations.

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