JPMorgan Chase Reports Fourth-Quarter 2010 Net Income of $4.8 Billion, up 47% over Prior Year, on Revenue(1) of $26.7 Billion; $1.12 Earnings Per Share

quarter. The current-quarter provision reflected a $2.1 billion increase in the allowance for loan losses for the Washington Mutual purchased credit-impaired loan portfolio. The impairment of the purchased credit-impaired portfolio reflected an increase...