Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.

JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.

JPMorgan Chase handily beat analyst expectations for its financial performance at the end of 2024, as credit remained solid and investment banking fees surged across all products. Your complimentary guest account includes access to a limited number of articles.