JPMorgan Chase Reports 9% Q4 Profit Growth Despite Apple Card Acquisition Impact
JPMorgan Chase reported strong Q4 results with 9% profit growth to $13.03 billion and 7% revenue increase to $45.8 billion, exceeding analyst expectations despite a $2.2 billion charge from Apple Card acquisition. CEO Dimon expressed optimism about U.S. economic conditions, citing resilient consumer spending and business health.