JPM Earnings Prediction
The chart below shows how JPM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JPM sees a -3.51% change in stock price 10 days leading up to the earnings, and a +2.43% change 10 days following the report. On the earnings day itself, the stock moves by +1.18%. This data can give you a slight idea of what to expect for the next quarter's release.
JPM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
42.77B
10.80%
0.27%
Gross Margin
--
--
--
Operating Margin
41.18%
35.37%
1.08%
Net Margin
32.75%
35.84%
8.30%
EPS
4.81
58.22%
10.07%
No Data Available
JPM Earnings Analysis
JPMorgan Chase & Co Corporation (JPM.N) Earnings Conference Call
Positive
Financial Performance Overview: The firm reported net income of $14 billion, EPS of $4.81 on revenue of $43.7 billion with an ROTCE of 21%.
Revenue Increase Announcement: The firm reported revenue of $43.7 billion, up $3.8 billion or 10% year-on-year.
NII Growth Increase: NII ex-markets was up $3.1 billion or 30%.
Expense Reduction Analysis: Expenses of $22.8 billion were down $1.7 billion or 7% year-on-year.
Financial Performance Highlights: The firm reported net income of $54 billion, EPS of $18.22, revenue of $173 billion and delivered an ROTCE of 20%.
Negative
NII Decline Analysis: NII ex-markets was down $548 million or 2%, driven by the impact of lower rates and the associated deposit margin compression as well as lower deposit balances in CCB, largely offset by the impact of securities reinvestment, higher revolving balances in card and higher wholesale deposit balances.
Expense Trends Analysis: Expenses of $22.8 billion were down $1.7 billion or 7% year-on-year. Excluding the prior year's FDIC special assessment, expenses were up $1.2 billion or 5%, predominantly driven by compensation as well as higher brokerages and distribution fees.
Banking Revenue Decline: In Banking and Wealth Management, revenue was down 7% year-on-year on deposit margin compression and lower deposits, partially offset by growth in wealth management revenue.
Deposit Trends and Investment Growth: Average deposits were down 4% year-on-year and flat sequentially as consumer balances have stabilized. Client investment assets were up 14% year-on-year, predominantly driven by market performance, and we continue to see healthy flows across branch and digital channels.
Expense Increase Analysis: Expenses of $9.7 billion were up 4% year-on-year, predominantly driven by field compensation and growth in technology.
