JPMORGAN CHASE REPORTS FOURTH-QUARTER 2012 NET INC
JPMORGAN CHASE REPORTS FOURTH-QUARTER 2012 NET INCOME OF
1 $5.7BILLION,OR$1.39PERSHARE,ONREVENUE OF$24.4BILLION
THIRD CONSECUTIVE YEAR OF RECORD NET INCOME AND 15% RETURN ON
1 TANGIBLE COMMON EQUITY
FULL-YEAR 2012 RECORD NET INCOME OF $21.3 BILLION,
1
OR RECORD $5.20 PER SHARE, ON REVENUE OF $99.9 BILLION
JPMORGAN CHASE ANNOUNCES COMPLETION OF BOARD REVIEW OF CIO AND MANAGEMENT TASK FORCE REPORT
• Strong performance across our businesses2: strong lending in Commercial Banking, Business Banking, Mortgage Banking and Asset Management
Consumer & Business Banking average deposits up 10%; Business Banking loan growth for the ninth consecutive quarter to a record $18.9 billion, up 7%
Mortgage Banking reported strong production revenue; originations of $51.2 billion, up 33%
Credit Card sales volume1 up 9%
Corporate & Investment Bank reported record debt underwriting fees and maintained #1ranking for Global Investment Banking fees; record assets under custody of $18.8 trillion, up 12%
Commercial Banking reported record revenue; loan growth for the tenth consecutive quarter to a record $128.2 billion, up 14%
Asset Management reported record revenue; fifteenth consecutive quarter of positive net long-term client flows; record loan balances of $80.2 billion
• JPMorgan Chase supported consumers, businesses and communities in 2012
Over $1.8 trillion of capital raised and credit1 provided
- $275billionforconsumers;originatedmorethan920,000mortgages
- $20billionforU.S.smallbusinesses,up18%
- $520billionforcorporations
- $915billionofcapitalraisedforclients
1
entities, including states, municipalities, hospitals and universities
- $85 billion of capital raised and credit for nearly 1,500 nonprofit and government
Hired nearly 5,000 U.S. veterans and service members since the beginning of 2011
4Q12 Earnings Presentation 625.0 KB
4Q12 Earnings Supplement 876.1 KB