Shares Of JPMorgan Slightly Higher, Company Reported Mixed Q4 Results

Shares of

were trading higher by 0.45 percent at $57.64 early Thursday morning after the company

its fourth quarter results. JPMorgan said that it earned $1.32 per share in the fourth quarter on revenue of $23.7 billion. Wall Street analysts were looking for the company to earn $1.25 per share on revenue of $22.89 billion. JPMorgan noted that its net income for the quarter totaled $5.4 billion and its return on tangible common equity was 11 percent. The company returned $2.6 billion to shareholders in the quarter. Jamie Dimon, Chairman and CEO, commented on the financial results: "We had a good quarter as 2015 came to a close. The businesses generated strong loan growth and credit quality, except for some stress in energy. The consumer business continues to gather deposits, outpacing the industry. Markets were somewhat quieter, and we saw the impact reflected in the results of our trading and Asset Management businesses."