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Business overview
JPMorgan Chase reported 2009 net income of $11.7 billion, or
$2.26 per share, compared with net income of $5.6 billion, or
$1.35 per share, in 2008. Total net revenue in 2009 was
$100.4 billion, compared with $67.3 billion in 2008. Return on
common equity was 6% in 2009 and 4% in 2008. Results
benefited from the impact of the acquisition of the banking
operations of Washington Mutual Bank (“Washington Mutual”)
on September 25, 2008, and the impact of the merger with The
Bear Stearns Companies Inc. (“Bear Stearns”) on May 30,
2008.
 
aus der Diskussion: Washington Mutual - Faktentread
Autor (Datum des Eintrages): Smart-Mike  (24.02.10 14:52:51)
Beitrag: 1,127 von 2,807 (ID:39002366)
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