JPMorgan reports higher quarterly profits

NEW YORK Wed Jan 16, 2013 7:05am EST

NEW YORK Jan 16 (Reuters) - JPMorgan Chase & Co on Wednesday reported an increase in fourth-quarter profits as the biggest U.S. bank made more home loans.

Net income rose to $5.69 billion, or $1.39 a share, from $3.73 billion, or 90 cents a share, a year earlier. Results for both periods included special items. (Reporting by David Henry in New York and Rick Rothacker in Charlotte, North Carolina; Editing by Jeffrey Benkoe)

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