JPMorgan Chase & Co. (BMV:JPM)

JPMorgan Chase & Co. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	193,076	193,933	170,588	92,807	57,864	64,523
Interest Paid on Deposits	99,839	101,350	81,321	26,097	5,553	9,960
Net Interest Income	93,237	92,583	89,267	66,710	52,311	54,563
Net Interest Income Growth (YoY)	0.68%	3.72%	33.81%	27.53%	-4.13%	-4.69%
Trust Income	18,859	17,801	15,220	14,096	14,405	18,177
Mortgage Banking Activities	1,419	1,401	1,176	1,250	2,170	3,091
Income From Trading Activities	25,946	24,787	24,460	19,912	16,304	18,021
Gain (Loss) on Sale of Assets	-	-	-	38	-7	6
Gain (Loss) on Sale of Investments	-403	6,675	-4,950	-2,957	-1,915	802
Other Non-Interest Income	36,483	34,206	29,817	29,646	38,374	25,291
Total Non-Interest Income	82,304	84,870	65,723	61,985	69,331	65,388
Non-Interest Income Growth (YoY)	6.24%	29.13%	6.03%	-10.60%	6.03%	11.82%
Revenues Before Loan Losses	175,541	177,453	154,990	128,695	121,642	119,951
Provision for Loan Losses	11,896	10,678	9,320	6,389	-9,256	17,480
Revenue	163,645	166,775	145,670	122,306	130,898	102,471
Revenue Growth (YoY)	1.65%	14.49%	19.10%	-6.56%	27.74%	-6.96%
Salaries and Employee Benefits	49,585	47,853	43,348	38,842	35,638	32,537
Selling, General & Administrative	35,690	34,392	31,779	30,933	30,236	28,178
Other Non-Interest Expense	6,657	8,775	8,085	6,365	5,462	4,826
Total Non-Interest Expense	91,932	91,020	83,212	76,140	71,336	65,541
EBT Excluding Unusual Items	71,713	75,755	62,458	46,166	59,562	36,930
Legal Settlements	6	-	-	-	-	-1,115
Other Unusual Items	103	103	214	-	-	-
Pretax Income	71,045	75,081	61,612	46,166	59,562	35,815
Income Tax Expense	14,512	16,610	12,060	8,490	11,228	6,684
Net Income	56,533	58,471	49,552	37,676	48,334	29,131
Preferred Dividends & Other Adjustments	1,378	1,603	1,792	1,784	1,831	1,721
Net Income to Common	55,155	56,868	47,760	35,892	46,503	27,410
Net Income Growth	4.64%	18.00%	31.52%	-22.05%	65.92%	-20.04%
Basic Shares Outstanding	2,826	2,874	2,939	2,966	3,022	3,082
Diluted Shares Outstanding	2,832	2,879	2,943	2,970	3,027	3,087
Shares Change (YoY)	-2.85%	-2.18%	-0.91%	-1.87%	-1.97%	-4.43%
EPS (Basic)	19.51	19.79	16.25	12.10	15.39	8.89
EPS (Diluted)	19.48	19.75	16.23	12.09	15.36	8.88
EPS Growth	8.73%	21.69%	34.24%	-21.29%	72.97%	-17.16%
Dividend Per Share	5.300	4.800	4.100	4.000	3.800	3.600
Dividend Growth	20.46%	17.07%	2.50%	5.26%	5.56%	5.88%
Effective Tax Rate	20.43%	22.12%	19.57%	18.39%	18.85%	18.66%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.