Alex Brandon/AP
- JPMorgan Chase reported the largest annual profit of any US bank ever in 2023.
- The bank's board increased CEO Jamie Dimon's pay by 4% to $36 million.
- Most of the CEO's compensation is in the form of stock.
What a year for JPMorgan Chase: a $49.6 billion profit for 2023 that was a record for any bank in US history and a hugely beneficial rescue deal for First Republic.