JPMorgan Chase reported a record profit of $12.14 billion or $3.79 per share for the fourth quarter, going above analysts’ expectations of $2.62 per share. Revenues surge led by investment banking and trading divisions.
Tag: Fourth Quarter
Citigroup Surpasses Profit Forecasts For Fourth-Quarter, Misses Revenue
Citigroup released fourth-quarter results Friday reporting profit higher than analysts predicted while revenues were below expectations. Shares fell by 4% to $66.11 after the results.