Q4 2023 JPMorgan Chase & Co Earnings Call Transcript

Jan 12, 2024 / 01:30PM GMT
Operator

Good morning, ladies and gentlemen. Welcome to JPMorgan Chase's Fourth Quarter 2023 Earnings Call. This call is being recorded. (Operator Instructions) We will now go to the live presentation. Please stand by. At this time, I would like to turn the call over to JPMorgan Chase's Chairman and CEO, Jamie Dimon; and Chief Financial Officer, Jeremy Barnum. Mr. Barnum, please go ahead.

Jeremy Barnum - JPMorgan Chase & Co. - Executive VP & CFO

Thank you, and good morning, everyone. The presentation is available on our website, and please refer to the disclaimer in the back.

Starting on Page 1. The firm reported net income of $9.3 billion, EPS of $3.04 on revenue of $39.9 billion and delivered an ROTCE of 15%. These results included the $2.9 billion FDIC special assessment and $743 million of net investment securities losses in corporate.

On Page 2, we have more on our fourth quarter results. Similar to prior quarters, we have called out the impact of First Republic where relevant. You'll also note that we have now allocated certain deposits,

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