JPMorgan Chase Reports Fourth-Quarter and Full-Year 2016 Financial Results

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FBR Capital Remains Bullish on JPMorgan (JPM) Following 4Q EPS Beat

January 17, 2017 6:59 AM EST

FBR Capital reiterated an Outperform rating and $100.00 price target on JPMorgan (NYSE: JPM) following the company's 4Q earnings report. JPM reported EPS of $1.71, well ahead of the Street estimate of $1.42. The beat was primarily due to lower provision expenses given a reserve release in the consumer banking segment, as well as... More