JPMorgan Chase & Co. (JPM) released its Q4 2023 earnings report on January 12, 2024. The company reported earnings per share of $3.32 and revenue of $39.78 billion1. The earnings per share beat the analysts’ expectations, and the revenue surpassed the estimates by a small margin. The bank’s net interest income was $22.98 billion1. The fixed income trading revenue was $3.78 billion and equities trading revenue was $1.91 billion.

The bank’s Q4 2023 earnings report was impressive and exceeded analysts’ expectations. The earnings per share beat the analysts’ expectations, and the revenue surpassed the estimates by a small margin. The bank’s net interest income was also impressive, indicating that the bank’s lending business is performing well.

Other banks reported today, including Wells Fargo (WFC) and Citigroup (C). Wells Fargo reported earnings per share of $1.25, which missed the analysts’ expectations by a margin of 2.34%2. Citigroup reported earnings per share of $2.75, which beat the analysts’ expectations by a margin of 1.85%2. JPMorgan Chase & Co.'s earnings per share beat both Wells Fargo and Citigroup’s earnings per share. The bank’s revenue also surpassed Wells Fargo’s revenue of $21.9 billion.

In conclusion, JPMorgan Chase & Co.‘s Q4 2023 earnings report was impressive and exceeded analysts’ expectations. The earnings per share beat the analysts’ expectations, and the revenue surpassed the estimates by a small margin. The bank’s net interest income was also impressive, indicating that the bank’s lending business is performing well. JPMorgan Chase & Co.'s earnings per share beat both Wells Fargo and Citigroup’s earnings per share. The bank’s revenue also surpassed Wells Fargo’s revenue. Overall, JPMorgan Chase & Co. had a strong Q4 2023 earnings report and is well-positioned for future growth.