JPMorgan Historical Income Statement

JPM Stock   30.65  1.08  3.40%   
Historical analysis of JPMorgan Chase income statement accounts such as Interest Income of 100.3 B or Interest Expense of 85.4 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.

JPMorgan Chase Net Income

42.83 Billion

  
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 board of governors.

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

As of the 19th of December 2024, Interest Expense is likely to grow to about 85.4 B, while Tax Provision is likely to drop about 10 B.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Revenue

Total revenue comprises all receipts JPMorgan Chase generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 board of governors.
As of the 19th of December 2024, Interest Expense is likely to grow to about 85.4 B, while Tax Provision is likely to drop about 10 B.
 2021 2022 2023 2024 (projected)
Net Interest Income52.3B66.7B89.3B68.8B
Tax Provision11.2B8.5B12.1B10.0B

JPMorgan Chase income statement Correlations

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase income statement Accounts

201920202021202220232024 (projected)
Tax Provision8.1B6.3B11.2B8.5B12.1B10.0B
Net Interest Income57.2B54.6B52.3B66.7B89.3B68.8B
Interest Income84.0B64.5B57.9B92.8B170.6B100.3B
Interest Expense26.8B10.0B5.6B26.1B81.3B85.4B
Selling General Administrative37.7B37.5B41.6B45.5B51.1B45.8B
Total Revenue115.6B119.5B121.7B128.7B155.0B137.4B
Other Operating Expenses4.8B4.8B5.0B6.1B7.0B5.8B
Net Income From Continuing Ops36.4B29.1B48.3B37.7B49.6B42.8B
Reconciled Depreciation8.4B8.6B7.9B7.1B7.5B6.3B
Income Before Tax44.5B35.4B59.6B46.2B61.6B52.8B
Net Income Applicable To Common Shares34.6B27.4B46.5B35.9B41.3B38.5B
Net Income36.4B29.1B48.3B37.7B49.6B42.8B
Income Tax Expense8.4B6.7B11.2B8.5B9.8B9.5B

Pair Trading with JPMorgan Chase

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan Chase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan Chase will appreciate offsetting losses from the drop in the long position's value.

Moving together with JPMorgan Stock

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The ability to find closely correlated positions to JPMorgan Chase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan Chase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan Chase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan Chase Co to buy it.
The correlation of JPMorgan Chase is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan Chase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan Chase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan Chase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 board of governors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.