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JPM raised 2025 NII guidance to roughly $95.5B, unveiled a $50B buyback and a 7% dividend bump; balance-sheet scale and fee mix are central to how it weathers Fed cuts.
FY‑2024: revenue $270.79B (+14.61%) and net income $58.47B (+18.00%), but operating cash flow swung to **- $42.01B** — working‑capital and liquidity dynamics are the key story.