Financial Ratios - JPMorgan Chase & Co.

JPMorgan Chase & Co. has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $3,000,000 million
• Total Liabilities: $2,000,000 million
• Net Income: $150,000 million
• Total Revenue: $700,000 million
• Total Expenses: $550,000 million
• Average Shareholders' Equity: $1,000,000 million

Calculate the following financial ratios for JPMorgan Chase & Co.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of JPMorgan Chase & Co. based on these ratios.