JPMorgan Chase Reports Fourth-Quarter 2023 Net Income Of $9.3 Billion and Full-Year 2023 Net Income Of $49.6 Billion

JPMorgan Chase Reports Fourth-Quarter 2023 Net Income Of $9.3 Billion and Full-Year 2023 Net Income Of $49.6 Billion.

Excluding significant items, 4Q23 net income of $12.1 billion, EPS5 of $3.97 and ROTCE of 19%

As of December-2023, JP Morgan Assets under management (AUM) of $3.4 trillion, up 24%

Overall JP Morgan 2023 annual result is good.

Few facts about JPMorgan by comparing 2022 and 2012 data:

As of December-2022, JP Morgan had 4,787 branches.

Average deposits in 2022 was 1,163 billion USD and average deposits in 2012 was 414 billion USD. Almost 280% of 2012 deposits.

Total Payments volume in 2022 was 5.6 Trillion USD whereas it was 1.8 Trillion USD in 2012.

Debit and Credit cards sales volume was 1,555 billion USD in 2022 whereas it was 586 billion USD in 2012.

Total assets as on Dec-2022 was 3,665,743 million USD.
Total stockholder's equity was 292,332 million USD.

As of Dec-2022, JP Morgan had 293,723 employees and as of Dec-2021, JP Morgan had 271,025 employees.