More on JPMorgan (JPM) Q4 earnings: Net deposit margin of 2.44% vs. 2.56% last quarter, 2.76% a...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

More on JPMorgan (JPM) Q4 earnings: Net deposit margin of 2.44% vs. 2.56% last quarter, 2.76% a year ago. Consumer and Business banking revenues +10.4% Y/Y, mostly from mortgage banking where revenue was up about 50%. Investment Bank revenue +21% Y/Y, including a $567M DVA loss. Allowance for credit losses cut by $700M (total income of $5.7B). Tier 1 capital ratio of 11%, up from 10.4% in Q3. Shares -1.5% premarket. (PR)