JPMorgan Posts $13B Q4 Net Income; Faces $5bn Trump Debanking Lawsuit
JPMorgan reported Q4 net income of $13B, a P/E just under 16x, 9% loan growth to $1.5T, deposits of $2.6T and a CET1 ratio of 14.1%. Separately, Donald Trump filed a $5bn lawsuit alleging politically motivated account closures, exposing JPMorgan to litigation risk.
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