How risky are JP Morgan’s litigation claims for 2014? Analysts weigh in

While the bank reported a decent fourth quarter, analysts are beginning to question whether or not the financial giant can expect positive results for 2014.

JPMorgan Chase may be the nation’s largest bank, but after the organization’s final earnings call for 2013 was released, projections for the upcoming year aren’t so big. While the bank reported a decent fourth quarter, analysts are beginning to question whether or not the financial giant can expect positive results for 2014. 

Q4 earnings reached $5.3 billion, down from $5.7 billion in Q4 2012. According to The Streets, JPMorgan's results for the most recent quarter included $1.1 billion in after-tax litigation charges, without which fourth-quarter EPS would have come in at $1.40, and the company's return on average tangible common equity would have been 15%, matching its year-earlier performance.

Contributing Author

Stefanie Mosca

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