Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.

On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for 2024 and the fourth quarter, as will Goldman Sachs, the sixth-largest lender. Bank of America and Morgan Stanley are due to report on Thursday morning.

JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday. The largest U.S. bank also forecast its net interest income,

JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.

With the U.S. economy humming along, JPMorgan Chase (NYSE:JPM) turned in stronger-than-expected Q4 earnings, with net interest income staying flat with Q3 and investment banking and capital markets-related revenue strengthening.

JPMorgan Chase (JPM) shares rose in premarket trading Wednesday after the banking giant reported fourth-quarter results that came in above analysts' expectations. The world's biggest bank by market capitalization reported profit of $14.

Keep watching to see what she had to say! Carrie Underwood Speaks Out About Performing At Trump's Inauguration | Billboard News JPMorgan Chase tops estimates on better-than-expected fixed income and investment banking results Camping in the heart of magic?