Most profitable companies of the Fortune
J.P. Morgan Chase
Photo: Spencer Platt/Getty Images
New York-based J.P. Morgan posted a pretty impressive comeback in 2014, after the prior year's results were dragged down by a $7.2 billion charge to cover the costs of litigation and regulatory probes. That charge, which was recorded in the third quarter of 2013, resulted in a quarterly loss that was the first time the bank had failed to report a profit since 2004. 2014's results looked a lot stronger in comparison, with profit jumping 21% to $21.8 billion. That's the largest increase on a percentage basis among Fortune 500's top ten most profitable firms.
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