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JPMorgan's Record-Breaking $49 Billion Annual Profit Sets New Standard

1 min read
Source: Bloomberg
JPMorgan's Record-Breaking $49 Billion Annual Profit Sets New Standard
Photo: Bloomberg
TL;DR

JPMorgan Chase & Co. has set a new record by making $49.6 billion in annual net income in 2023, surpassing its own previous record of $48.3 billion in 2021. This marks the highest annual profit ever achieved by a US bank, solidifying JPMorgan's position as a leader in the banking industry.

Topics:businessfinance#annual-profit#finance#jpmorgan#net-income#record-breaking#us-banking
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  3. JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues  CNBC
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