...(Q4 revenue $12.6BN, Exp. $12.08BN), with EPS of $10.81 also coming in below expectations of $11.76. Total profit declined 13% to $3.94BN, even as revenues grew 8%. Still, this was a solid number in context: profit at JPMorgan fell 14% in the fourth quarter from a year earlier, while profit at Citigroup fell 26%.

While the bank's FICC sales and trading revenue of $1.86 billion was higher than the average analyst forecast of $1.80, and flat Y/Y, while equity sales and trading revenue missed expectations, coming in at $2.12 billion versus the $2.47 billion seen by analysts and down 11% Y/Y, resulting in a miss in overall trading rev. of $3.99 billion, which came in below the estimate $4.27 billion, and was down 7%, as pandemic-induced volatility in capital markets subsided. Trading revenue fell 11% at JPMorgan and 17% at Citigroup.