From startups to legacy brands, you're making your mark. We're here to help.
Key Links
Prepare for future growth with customized loan services, succession planning and capital for business equipment.
Key Links
Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.
Key Links
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Your partner for commerce, receivables, cross-currency, working capital, blockchain, liquidity and more.
Key Links
A uniquely elevated private banking experience shaped around you.
Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.
For Companies and Institutions
From startups to legacy brands, you're making your mark. We're here to help.
Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.
Your partner for commerce, receivables, cross-currency, working capital, blockchain, liquidity and more.
Prepare for future growth with customized loan services, succession planning and capital for business equipment.
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
For Individuals
A uniquely elevated private banking experience shaped around you.
Whether you want to invest on you own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.
Explore a variety of insights.
Key Links
Insights by Topic
Explore a variety of insights organized by different topics.
Key Links
Insights by Type
Explore a variety of insights organized by different types of content and media.
Key Links
We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.
Key Links
Following JPMorganChase’s fourth-quarter 2024 earnings call, we wanted to share some solid J.P. Morgan Payments achievements for Q4 and full-year 2024. We reported strong quarterly revenue of $4.7 billion, a 6% increase year-over-year, driving our FY24 revenues to a record $18.1 billion.
Our key business drivers included a record fee revenue of $1.9 billion, up 13% year-over-year, fueled by growth in Core Cash, Merchant Services, Receivables, and Public Sector. Our deposit balances have exceeded $800 billion, marking a 10% increase year-over-year, driven by underlying client growth. Payments daily average processing volumes reached approximately $10 trillion, a 12% increase year-over-year, while Merchant Services hit $2 trillion in volumes.
Our USD SWIFT market share for the fourth quarter rose to 28.7%, with a Customer Satisfaction score consistently over 90% for the quarter and 91% for the full year.
Among our achievements, we've expanded our biometric payments offerings to Golden State Warriors, Whataburger and the Formula 1 Crypto.com Miami Grand Prix. We assisted PayPal with a notional pooling structure in Luxembourg, ensuring seamless connectivity for its regional banks during the holiday rush. We also processed record surge volumes over the holidays and surpassed $1 billion in fee revenues across Global Clearing, Cross Currency and Receivables & Public Sector. Additionally, we've cleared over 500,000 EUR payments monthly with T2 Bundesbank, capturing nearly 12% of the market share. Finally, we've rebranded the firm’s blockchain business unit to Kinexys by J.P. Morgan, which now processes over $2 billion in transactions daily.
To read the firm-wide earnings release, visit here.
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.