JPMorgan Chase, Wells Fargo Report Q4 Results

It was a Tale of Two Banks as both JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) unveiled their fourth-quarter and fiscal 2016 results. The former company’s quarter beat the market’s expectations, while the latter’s fell a bit short. For Q4, JPMorgan Chase’s net revenue crept up by 2% on a year-over-year basis to $24.33 billion, while its net income grew a robust 24% to $6.7 billion ($1.71 per share). …read more

Read more here: JPMorgan Chase, Wells Fargo Report Q4 Results

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