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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT APRIL 18, 2001 COMMISSION FILE NUMBER 1-5805
J.P. MORGAN CHASE & CO.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 13-2624428
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(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
270 PARK AVENUE, NEW YORK, NEW YORK 10017
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (212) 270-6000
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Item 5. Other Events
J.P. Morgan Chase & Co. (NYSE: JPM) announced first quarter 2001
operating earnings per share of $0.70, compared with $0.37 in the fourth quarter
of 2000 and $1.01 in the first quarter of 2000. Operating income was $1,436
million, compared with $763 million in the fourth quarter of 2000 and $1,988
million one year ago. Reported net income, which includes special items, was
$1,199 million, or $0.58 per share, in the first quarter of 2001. This compares
with $708 million, or $0.34 per share, and $1,988 million, or $1.01 per share,
in the fourth and first quarters of 2000, respectively.
This presentation contains statements that are forward-looking within
the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements are based upon the current beliefs and expectations of JPMorgan
Chase's management and are subject to significant risks and uncertainties.
Actual results may differ from those set forth in the forward-looking
statements. These uncertainties include: the risk of adverse movements or
volatility in the debt and equity securities markets or in interest or foreign
exchange rates or indices; the risk of adverse impacts from an economic
downturn; the risk of a downturn in domestic or foreign securities and trading
conditions or markets; the risks associated with increased competition; the
risks associated with unfavorable political and diplomatic developments in
foreign markets or adverse changes in domestic or foreign governmental or
regulatory policies; the risk that the merger integration will not be successful
or that the revenue synergies and cost savings anticipated from the merger may
not be fully realized or may take longer to realize than expected; the risk that
the integration process may result in the disruption of ongoing business or in
the loss of key employees or may adversely affect relationships with employees,
clients or suppliers; the risk that the credit, market, liquidity, and
operational risks associated with the various businesses of JPMorgan Chase are
not successfully managed; or other factors affecting operational plans.
Additional factors that could cause JPMorgan Chase's results to differ
materially from those described in the forward-looking statements can be found
in the 2000 Annual Report on Form 10-K of J.P. Morgan Chase & Co., filed with
the Securities and Exchange Commission and available at the Securities and
Exchange Commission's internet site (http://www.sec.gov).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
J.P. MORGAN CHASE & CO.
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(Registrant)
Date April 18, 2001 By /s/ Joseph L. Sclafani
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Joseph L. Sclafani
Executive Vice President
and Controller
[Principal Accounting Officer]
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EXHIBIT INDEX
Exhibit No. Description Page
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99.1 Press Release - 2001 First Quarter Earnings 5
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