JPMorgan Chase & Co. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, on reported basis, the company reported total net revenue of $23,156 million compared to $23,653 million a year ago. Net income was $5,278 million compared to $5,692 million a year ago. On managed basis, reported total net revenue of $24,112 million compared to $22,198 million a year ago. Net income was $5,278 million compared to $5,962 million a year ago. Diluted earnings per share were $1.30 compared to $1.39 a year ago. Return on common equity was 10% compared to 11% a year ago. Return on tangible common equity was 14% compared to 15% a year ago. Return on assets was 0.87% compared to 0.98% a year ago.

For the year, on reported basis, the company reported total net revenue of $96,606 million compared to $97,031 million a year ago. Net income was $17,923 million compared to $21,284 million a year ago. On managed basis, reported total net revenue of $99,796 million compared to $99,890 million a year ago. Net income was $17,923 million compared to $21,284 million a year ago. Diluted earnings per share were $4.35 compared to $5.20 a year ago. Book value as at December 31, 2013 was $53.25 compared to $51.27 a year ago. Tangible book value as at December 31, 2013 was $40.81 compared to $38.75 a year ago. Return on common equity was 9% compared to 11% a year ago. Return on tangible common equity was 11% compared to 15% a year ago. Return on assets was 0.75% compared to 0.94% a year ago.