JPMorgan Chase (JPM) Earnings Q4 2010

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View JPM Q4 Earnings Report

Highlights:

  • Fourth quarter net income totaled $4.8 billion in 2010, up 47 percent from 4Q 2009; Earnings per share were $1.12, compared with $0.74 for 4Q 2009
  • Full-year 2010 net income was $17.4 billion, up 48 percent from the prior year; Earnings per share were $3.96, compared with $2.26 for 2009
  • Investment Bank reported solid revenue and client flows for the quarter and ranked No.1 for Global Investment Banking Fees for the year
  • Retail Financial Services added more than 150 new branches and 5,000 salespeople; opened more than 1.5 million net checking accounts during 2010
  • Card Services rolled out new products and opened 11.3 million new accounts during 2010; sales volume up 9 percent compared with 4Q 2009
  • Asset Management reported record revenue for the quarter and full year; record long-term AUM net inflows of $69 billion in 2010
  • Basel I Tier 1 Common of $115 billion, or 9.8 percent, and estimated Basel III Tier 1 Common of 7.0 percent
  • Over $1.4 trillion in new and renewed credit provided to and capital raised for consumers, corporations, small businesses, municipalities and not-for-profits in 2010
  • Loan modifications of 1,038,000 offered and 285,000 completed since the beginning of 2009

Earnings estimates from TheStreet.com

Key statistics for JPM from Yahoo! Finance

See how JPM is performing right now

JPMorgan Chase's website

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