JPMorgan Q4: Strong Markets, Solid Capital, But Credit Costs Rise
Apple Card reserve and higher provisions weigh on an otherwise strong quarter
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Estimated reading time: 6 minutes
JPMorgan Chase closed the year with strong operating performance across most business lines. Revenue grew, markets activity surged, and capital levels remained robust.
But one factor stood out.
Rising credit costs particularly the Apple Card reserve weighed on headline earnings.
Key Takeaways
Net income: …
