Shares of JPMorgan Chase & Co. (JPM) are falling more than 4% in the morning trade on Friday after the company's fourth quarter revenue missed analysts' view.
The company reported revenue of $29.257 billion compared with 29.335 billion in the same quarter a year ago. On average, 22 analysts polled by Thomson Reuters expected the company to report revenue of $29.9 billion.
Net income in the fourth quarter declined to $10.399 billion or $3.33 per share from $12.136 billion or $3.79 per share in the same quarter a year ago. The consensus estimate stood at $3.01 per share.
Provision for credit losses were $1.288 billion compared with $1.889 billion last year.
JPM, currently at $160.04, has traded in the range of $127.35- $172.96 in the last 52 weeks.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.