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Profit Surges, Powered by Investment Banking
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday.
Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
Goldman Sachs Stock Rises as Bank Exceeds Q4 Estimates
Goldman Sachs (GS) shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results. The bank reported $4.11 billion in profit on $13.87 billion in revenue,
JPMorgan Chase posts record profit
JPMorgan Chase’s Profit Jumps 50%
JPMorgan Chase’s fourth-quarter profit jumped 50%, boosted by strong revenues across its businesses, particularly on Wall Street. The earnings amounted to $4.81 a share, well above the $4.09 a share analysts polled by FactSet expected.
JPMorgan's Net Income Jumps 50% to More Than $14 Billion in the Final Quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
4h
on MSN
Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it ...
3h
on MSN
Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs
Bank of New York Mellon said quarterly earnings leapt higher as fee and interest revenue climbed and costs came down from a ...
12h
JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter
JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter.
7h
Goldman Sachs profit surges as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
6h
Citi Swings to a Profit
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
7h
Goldman Sachs Full-Year Profit Rises 68%
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking ...
1h
Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit
The Chinese investors’ darling of 2024 is one of the nation’s best hopes in developing home-grown advanced graphics ...
3h
Zalando says its full-year profit to exceed own target
Europe's biggest online retailer Zalando said on Wednesday it expected its profit for 2024 to be above its own forecasts, ...
7h
Wells Fargo's Fourth-Quarter Profit Tops Estimates
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
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