JPMorgan Chase & Co. posted fourth-quarter profit ahead of market expectations on Friday, but its shares fell as much as 6 percent as analysts expressed disappointment over its forecasts for future profitability.
The country’s largest bank warned that its return on tangible capital equity (ROTCE), a key metric which measures how well a bank uses shareholder money to produce profit, may fall below its medium-term target of 17 percent this year.
