John McDonald
Analyst, Truist Securities
Replay available
JP Morgan Chase & Co. (JPM) Q1 2025 Earnings Call
JP Morgan Chase & Co. (NYSE: JPM) Q1 2025 earnings conference call, held 2025-04-11. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Betsy Grasick
Analyst, Morgan Stanley
Mike Mayo
Analyst, Wells Fargo Securities
Matt O'Connor
Analyst, Deutsche Bank
Erica Najarian
Analyst, UBS
Ibrahim Poonawalla
Analyst, Bank of America Merrill Lynch
Jim Mitchell
Analyst, Seaport Global Securities
Gerard Cassidy
Analyst, RBC Capital Markets
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Jp Morgan Chase & Co..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.779 Good morning, ladies and gentlemen. Welcome to JPMorgan Chase's fourth quarter 2024 earnings 00:00:05.779 -- 00:00:11.047 call. This call is being recorded. Your line will be muted for the duration of the call. 00:00:11.047 -- 00:00:13.651 We will now go live to the presentation. 00:00:13.651 -- 00:00:17.096 The presentation is available on JPMorgan Chase's website. 00:00:17.096 -- 00:00:21.642 Please refer to the disclaimer in the back concerning forward-looking statements. 00:00:21.642 -- 00:00:24.026 Please stand by. At 00:00:24.026 -- 00:00:28.692 this time, I would like to turn the call over to JPMorgan Chase's chairman and CEO, Jamie 00:00:28.692 -- 00:00:32.081 Dimon, and Chief Financial Officer Jeremy Barnum. 00:00:32.081 -- 00:00:35.183 Mr. Barnum, please go ahead. 00:00:36.207 -- 00:00:38.611 Thank you and good morning, everyone. 00:00:38.611 -- 00:00:43.659 Starting on page one, the firm reported net income of $14 billion, EPS of 00:00:43.659 -- 00:00:49.207 $4.81 on revenue of 43.7 billion with an ROTCE 00:00:49.207 -- 00:00:51.571 of 21%. On page 00:00:51.571 -- 00:00:55.010 two, we have more on our fourth quarter results. 00:00:55.010 -- 00:01:00.157 The firm reported revenue of $43.7 billion, up $3.8 billion, or 10% 00:01:00.157 -- 00:01:01.899 year-on-year. 00:01:01.899 -- 00:01:07.186 NIIX markets was down $548 million, or 2%, driven by the impact 00:01:07.186 -- 00:01:11.932 of lower rates and the associated deposit margin compression, as well as lower deposit 00:01:11.932 -- 00:01:16.998 balances in CCB, largely offset by the impact of securities reinvestment, higher 00:01:16.998 -- 00:01:21.384 revolving balances in card, and higher wholesale deposit balances. 00:01:21.384 -- 00:01:26.505 NIRX markets was up $3....