JPMorgan Chase & Co (JPM) Earnings: Q1 Adjusted Revenue Surpasses Estimates with $46.01 Billion

JPMorgan Chase & Co on Smartkarma

Analysts on Smartkarma, like Baptista Research and Daniel Tabbush, are bullish on JPMorgan Chase & Co after analyzing its latest financial results for the fourth quarter of 2024. Baptista Research highlights the firm’s robust performance, reporting a net income of $14 billion and an earnings per share (EPS) of $4.81 on revenue of $43.7 billion, reflecting a year-on-year revenue increase of 10% and a solid return on tangible common equity (ROTCE) of 21%. On the other hand, Daniel Tabbush notes JPM’s continued strength in core income, good cost controls, and strong asset-liability management (ALM), supporting a positive outlook for US banks.

Daniel Tabbush also points out that JPMorgan Chase & Co demonstrates exceptional core income strength, with one of the best rises in quarterly net interest income in US banking. The analysis underscores the importance of strong ALM in banking and the support provided by the Holding and Finance Division (HFD) for US banks. With strong ALM, good credit risk management, and controlled operating costs, JPM is positioned favorably in the banking industry, despite rising non-accrual loans. Both reports contribute to the positive sentiment towards JPMorgan Chase & Co among independent analysts on Smartkarma.

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

Analysts using the Smartkarma Smart Scores have assessed JPMorgan Chase & Co‘s long-term outlook based on various key factors. With a Growth score of 4 and a Momentum score of 4, the company is viewed favorably in terms of its potential for expansion and its current market performance. However, its Value and Dividend scores stand at 3, indicating a moderate outlook in terms of these metrics. The Resilience score of 2 suggests a lower level of stability compared to the other factors evaluated.

JPMorgan Chase & Co, a global financial services and retail banking provider, offers diverse services ranging from investment banking to asset management. Serving a wide range of clients including businesses, institutions, and individuals, the company maintains a prominent presence in the financial services industry. Overall, the Smartkarma Smart Scores indicate a positive upward trajectory for JPMorgan Chase & Co, with a strong emphasis on growth and momentum in the long term.

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