JPMorgan reports higher quarterly profits
NEW YORK, Jan 16 (Reuters) - JPMorgan Chase & Co on Wednesday reported an increase in fourth-quarter profits as the biggest U.S. bank made more home loans.
Net income rose to $5.69 billion, or $1.39 a share, from $3.73 billion, or 90 cents a share, a year earlier. Results for both periods included special items.
(Reporting by David Henry in New York and Rick Rothacker in Charlotte, North Carolina; Editing by Jeffrey Benkoe)
NEW YORK, Jan 16- JPMorgan Chase& Co on Wednesday reported an increase in fourth-quarter profits as the biggest U.S. bank made more home loans. Net income rose to $5.69 billion, or $1.39 a share, from $3.73 billion, or 90 cents a share, a year earlier. Results for both periods included special items.