JPMorgan Chase Reports Profit Rose 21%

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JPMorgan Chase Reports Profit Rose 21%
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JPMorgan Chase, the nation’s largest bank, reported a profit of $8.52 billion, or $2.57 a share. Analysts polled by FactSet had expected earnings of $2.35 a share.

JPMorgan Chase & Co. said Tuesday that fourth-quarter profit jumped 21%.

The nation’s largest bank reported a profit of $8.52 billion, or $2.57 a share. Analysts polled by FactSet had expected earnings of $2.35 a share. A year earlier, the bank reported a profit of $7.07 billion, or $1.98 per share.

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