In its most recent 13F filing for the third quarter, Country Trust Bank reduced its position in JPMorgan Chase & Co. by 4.5%, selling 9,340 shares. The bank now holds 199,212 shares, representing 1.4% of its total investment portfolio and ranking JPMorgan as its 19th largest position. As of the filing date, Country Trust Bank’s remaining JPMorgan shares were valued at approximately $62.8 million.

JPMorgan Chase & Co. reported fourth-quarter EPS of $5.23, surpassing consensus estimates by $0.30. Quarterly revenue reached $46.77 billion, up 7.1% year-over-year and topping forecasts by nearly $800 million. The bank delivered a return on equity of 17.16% and a net profit margin of 20.35%, underscoring efficient cost management and strong trading and investment banking revenues during the period.

The board declared a quarterly dividend of $1.50 per share, to be paid on January 31 to shareholders of record as of January 6. This maintains an annualized dividend of $6.00 and a yield of roughly 2.0%, with a payout ratio near 30%, in line with the firm’s target range and reflecting confidence in its capital generation and balance sheet strength.

Over the past quarter, insiders have sold a total of 15,834 JPMorgan shares valued at approximately $4.95 million. Chief Operating Officer Jennifer Piepszak led sales, divesting 8,571 shares for roughly $2.68 million, while Executive Vice President Robin Leopold sold 966 shares for about $301,000. Following these transactions, insider ownership stands at 0.47% of outstanding stock.