JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts

JPMorgan's commercial and investment bank segment saw revenue climb 17.5% to $17.60 billion, a big improvement from the 8% growth seen in Q3. That was the bank's fastest growing segment by far, as the largest consumer and community banking segment's revenue was up 1.