JPMorgan Historical Income Statement

JPM Stock

31.56 0.59 1.91%

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.

Cash Flow Balance Sheet Income Statement

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 21st of December 2024, Interest Expense is likely to grow to about 85.4 B, while Tax Provision is likely to drop about 10 B.

Tax Provision Selling General Administrative Other Operating Expenses

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

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 21st 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 Income	52.3B	66.7B	89.3B	68.8B
Tax Provision	11.2B	8.5B	12.1B	10.0B

Net Interest Income Tax Provision

JPMorgan Chase income statement Correlations

	Tax Provision	Net Interest Income	Interest Income	Interest Expense	Selling General Administrative	Total Revenue	Other Operating Expenses	Net Income From Continuing Ops	Reconciled Depreciation	Income Before Tax	Net Income	Income Tax Expense
Tax Provision		0.66	0.63	0.59	0.75	0.71	0.61	0.94	-0.46	0.96	0.94	0.92
Net Interest Income	0.66		0.97	0.85	0.9	0.92	0.87	0.67	-0.49	0.68	0.67	0.34
Interest Income	0.63	0.97		0.83	0.79	0.82	0.89	0.59	-0.39	0.6	0.59	0.28
Interest Expense	0.59	0.85	0.83		0.75	0.79	0.72	0.57	-0.7	0.58	0.57	0.33
Selling General Administrative	0.75	0.9	0.79	0.75		0.98	0.73	0.85	-0.58	0.84	0.85	0.57
Total Revenue	0.71	0.92	0.82	0.79	0.98		0.68	0.81	-0.48	0.8	0.81	0.48
Other Operating Expenses	0.61	0.87	0.89	0.72	0.73	0.68		0.49	-0.59	0.52	0.49	0.3
Net Income From Continuing Ops	0.94	0.67	0.59	0.57	0.85	0.81	0.49		-0.42	1.0	1.0	0.89
Reconciled Depreciation	-0.46	-0.49	-0.39	-0.7	-0.58	-0.48	-0.59	-0.42		-0.43	-0.42	-0.4
Income Before Tax	0.96	0.68	0.6	0.58	0.84	0.8	0.52	1.0	-0.43		1.0	0.91
Net Income	0.94	0.67	0.59	0.57	0.85	0.81	0.49	1.0	-0.42	1.0		0.89
Income Tax Expense	0.92	0.34	0.28	0.33	0.57	0.48	0.3	0.89	-0.4	0.91	0.89

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JPMorgan Chase Account Relationship Matchups

JPMorgan Chase income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	8.1B	6.3B	11.2B	8.5B	12.1B	10.0B
Net Interest Income	57.2B	54.6B	52.3B	66.7B	89.3B	68.8B
Interest Income	84.0B	64.5B	57.9B	92.8B	170.6B	100.3B
Interest Expense	26.8B	10.0B	5.6B	26.1B	81.3B	85.4B
Selling General Administrative	37.7B	37.5B	41.6B	45.5B	51.1B	45.8B
Total Revenue	115.6B	119.5B	121.7B	128.7B	155.0B	137.4B
Other Operating Expenses	4.8B	4.8B	5.0B	6.1B	7.0B	5.8B
Net Income From Continuing Ops	36.4B	29.1B	48.3B	37.7B	49.6B	42.8B
Reconciled Depreciation	8.4B	8.6B	7.9B	7.1B	7.5B	6.3B
Income Before Tax	44.5B	35.4B	59.6B	46.2B	61.6B	52.8B
Net Income Applicable To Common Shares	34.6B	27.4B	46.5B	35.9B	41.3B	38.5B
Net Income	36.4B	29.1B	48.3B	37.7B	49.6B	42.8B
Income Tax Expense	8.4B	6.7B	11.2B	8.5B	9.8B	9.5B

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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0.89	TRP	TC Energy Corp	Pair Corr

Moving against JPMorgan Stock

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0.69	AQN	Algonquin Power Utilities	Pair Corr
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0.34	ENB-PH	Enbridge H Cum	Pair Corr

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 Correlation Correlation 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:

How To Invest In JPMorgan

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Is JPMorgan Stock a good investment?

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What is JPMorgan Chase's Net Worth?

Details

Largest Diversified Banks Companies

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Largest Banks - Diversified Companies

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You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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.

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JPMorgan Historical Income Statement

JPMorgan Chase Net Income

42.83 Billion

About JPMorgan Income Statement Analysis

JPMorgan Chase Income Statement Chart

Tax Provision

Other Operating Expenses

JPMorgan Chase income statement Correlations

JPMorgan Chase Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JPMorgan Chase income statement Accounts

Pair Trading with JPMorgan Chase

Moving together with JPMorgan Stock

Moving against JPMorgan Stock

COMMON DESTINATIONS

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COMPANY

Income Before Tax	+ 1.0	Net Income From Continuing Ops
Net Income	+ 1.0	Net Income From Continuing Ops
Net Income	+ 1.0	Income Before Tax
Total Revenue	+ 0.98	Selling General Administrative
Interest Income	+ 0.97	Net Interest Income
Income Before Tax	+ 0.96	Tax Provision

Reconciled Depreciation	- 0.7	Interest Expense
Reconciled Depreciation	- 0.59	Other Operating Expenses
Reconciled Depreciation	- 0.58	Selling General Administrative
Reconciled Depreciation	- 0.49	Net Interest Income
Reconciled Depreciation	- 0.48	Total Revenue
Reconciled Depreciation	- 0.46	Tax Provision