Updated Jan. 12, 2024 5:10 pm ET
American customers and companies remained on surprisingly stable monetary footing final 12 months, propelling earnings for the largest banks but once more.
JPMorgan Chase mentioned it made $50 billion in 2023, a document, as many corporations reported fourth-quarter and full-year outcomes Friday. JPMorgan, Bank of America, Wells Fargo and Citigroup collectively earned $104 billion in 2023, up 11% from a 12 months earlier.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Source: wsj.com
