11 Most Profitable Companies In America in 2017

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2. JPMorgan Chase & Co. (NYSE:JPM) – $24.73 billion

$6.7 billion in fourth quarter earnings propelled JPMorgan Chase & Co. (NYSE:JPM) to $24.73 billion in 2016 net income and a second-place finish on our list of most profitable companies in America in 2017. JPMorgan Chase & Co. (NYSE:JPM)’s investment banking division was particularly strong during Q4, with profit nearly doubling year-over-year to $3.4 billion, which was aided by a 6% cut in expenses. Profit from the company’s commercial banking operations was also strong, gaining 25% year-over-year in Q4, while the asset management division’s profit jumped by 16%.

11 Most Profitable Companies In America in 2017

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