JPMorgan posted net income of $14.005 billion or $4.81 per share for the fourth quarter, compared with $9.307 billion or $3.04 per share in the same quarter a year ago. On average, 12 analysts expected earnings of $4.

At least three analysts have reiterated positive ratings on JPMorgan Chase & Co.'s stronger-than-expected fourth-quarter profit, as its stock touched record levels during the session. Edward Jones analyst James Shanahan stuck to his buy rating for the stock and said the bank's 20.

Wells Fargo (WFC) reported that its fourth quarter earnings per share increased 11% from a year ago. Net interest income decreased

The San Francisco-based company said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.