JPMorgan Historical Income Statement

JPM Stock  USD 249.79  0.18  0.07%   
Historical analysis of JPMorgan Chase income statement accounts such as Operating Income of 74.1 B or Ebit of 74.1 B can show how well JPMorgan Chase Co performed in making a profits. Evaluating JPMorgan Chase income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of JPMorgan Chase's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining JPMorgan Chase latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether JPMorgan Chase is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About JPMorgan Income Statement Analysis

JPMorgan Chase Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to JPMorgan Chase shareholders. The income statement also shows JPMorgan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

JPMorgan Chase Income Statement Chart

At this time, JPMorgan Chase's Net Income is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 12.7 B, while Total Other Income Expense Net is likely to drop (9.4 B).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of JPMorgan Chase. It is also known as JPMorgan Chase overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from JPMorgan Chase operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JPMorgan Chase Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in JPMorgan Chase financial statement analysis. It represents the amount of money remaining after all of JPMorgan Chase Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from JPMorgan Chase's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into JPMorgan Chase current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, JPMorgan Chase's Net Income is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 12.7 B, while Total Other Income Expense Net is likely to drop (9.4 B).
 2021 2022 2023 2024 (projected)
Operating Income65.0B52.5B70.5B74.1B
Other Operating Expenses71.3B76.1B75.1B78.9B

JPMorgan Chase income statement Correlations

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0.490.450.620.410.450.420.730.310.60.550.590.60.670.020.28-0.470.630.54-0.740.320.560.44
Click cells to compare fundamentals

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase income statement Accounts

201920202021202220232024 (projected)
Interest Expense26.8B10.0B5.6B26.1B81.3B85.4B
Other Operating Expenses65.3B66.7B71.3B76.1B75.1B78.9B
Operating Income45.1B41.8B65.0B52.5B70.5B74.1B
Ebit(10.4B)41.8B65.0B52.5B70.5B74.1B
Ebitda(2.0B)50.4B73.0B59.6B78.1B82.0B
Total Operating Expenses65.3B66.7B71.3B76.1B75.1B78.9B
Net Income36.4B29.1B48.3B37.7B49.6B52.0B
Income Tax Expense8.4B6.7B11.2B8.5B12.1B12.7B
Depreciation And Amortization8.4B8.6B7.9B7.1B7.5B4.2B
Selling General Administrative34.2B35.0B38.6B41.6B46.5B48.8B
Total Revenue115.7B119.9B121.7B128.6B145.7B153.0B
Gross Profit115.7B119.9B121.7B128.6B155.0B162.7B
Income Before Tax44.9B35.8B59.6B46.2B61.6B64.7B
Total Other Income Expense Net(239M)(5.9B)(5.5B)(6.4B)(8.9B)(9.4B)
Selling And Marketing Expenses3.4B2.5B3.0B3.9B4.6B2.5B
Cost Of Revenue8.5B8.5B9.8B10.2B(9.3B)(8.8B)
Net Income Applicable To Common Shares34.6B27.4B46.5B35.9B41.3B43.3B
Net Income From Continuing Ops36.4B29.1B48.3B37.7B49.6B32.8B
Tax Provision8.1B6.3B11.2B8.5B12.1B10.0B
Net Interest Income57.2B54.6B52.3B66.7B89.3B62.9B
Interest Income84.0B64.5B57.9B92.8B170.6B87.8B
Reconciled Depreciation8.4B8.6B7.9B7.1B7.5B8.4B

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When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.009
Dividend Share
4.6
Earnings Share
17.98
Revenue Per Share
56.043
Quarterly Revenue Growth
0.03
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.