JPMORGAN CHASE & CO 10-Q form for quarterly period ended 2024-03-31, page 83: JPMorgan Chase & Co.
Consolidated statements of income (unaudited)
|    |                                                  |                              |        |      |         |    |        |
|---:|:-------------------------------------------------|:-----------------------------|:-------|:-----|:--------|:---|:-------|
|  1 |                                                  | Three months ended March 31, |        |      |         |    |        |
|  2 | (in millions, except per share data)             | 2024                         |        | 2023 |         |    |        |
|  3 | Revenue                                          |                              |        |      |         |    |        |
|  4 | Investment banking fees                          | $                            | 1,954  |      |         | $  | 1,649  |
|  5 | Principal transactions                           | 6,790                        |        |      | 7,615   |    |        |
|  6 | Lending- and deposit-related fees                | 1,902                        |        |      | 1,620   |    |        |
|  7 | Asset management fees                            | 4,146                        |        |      | 3,465   |    |        |
|  8 | Commissions and other fees                       | 1,805                        |        |      | 1,695   |    |        |
| 10 | Investment securities losses                     | (366)                        |        |      | (868)   |    |        |
| 11 | Mortgage fees and related income                 | 275                          |        |      | 221     |    |        |
| 12 | Card income                                      | 1,218                        |        |      | 1,234   |    |        |
| 13 | Other income                                     | 1,128                        |        |      | 1,007   |    |        |
| 14 | Noninterest revenue                              | 18,852                       |        |      | 17,638  |    |        |
| 15 | Interest income                                  | 47,438                       |        |      | 37,004  |    |        |
| 16 | Interest expense                                 | 24,356                       |        |      | 16,293  |    |        |
| 17 | Net interest income                              | 23,082                       |        |      | 20,711  |    |        |
| 18 | Total net revenue                                | 41,934                       |        |      | 38,349  |    |        |
| 20 | Provision for credit losses                      | 1,884                        |        |      | 2,275   |    |        |
| 22 | Noninterest expense                              |                              |        |      |         |    |        |
| 23 | Compensation expense                             | 13,118                       |        |      | 11,676  |    |        |
| 24 | Occupancy expense                                | 1,211                        |        |      | 1,115   |    |        |
| 25 | Technology, communications and equipment expense | 2,421                        |        |      | 2,184   |    |        |
| 26 | Professional and outside services                | 2,548                        |        |      | 2,448   |    |        |
| 27 | Marketing                                        | 1,160                        |        |      | 1,045   |    |        |
| 28 | Other expense                                    | 2,299                        |        |      | 1,639   |    |        |
| 29 | Total noninterest expense                        | 22,757                       |        |      | 20,107  |    |        |
| 30 | Income before income tax expense                 | 17,293                       |        |      | 15,967  |    |        |
| 31 | Income tax expense                               | 3,874                        |        |      | 3,345   |    |        |
| 32 | Net income                                       | $                            | 13,419 |      |         | $  | 12,622 |
| 33 | Net income applicable to common stockholders     | $                            | 12,942 |      |         | $  | 12,193 |
| 34 | Net income per common share data                 |                              |        |      |         |    |        |
| 35 | Basic earnings per share                         | $                            | 4.45   |      |         | $  | 4.11   |
| 36 | Diluted earnings per share                       | 4.44                         |        |      | 4.10    |    |        |
| 38 | Weighted-average basic shares                    | 2,908.3                      |        |      | 2,968.5 |    |        |
| 39 | Weighted-average diluted shares                  | 2,912.8                      |        |      | 2,972.7 |    |        |

The Notes to Consolidated Financial Statements (unaudited) are an integral part of these statements.

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Question: What Operating Profit Margin did JPMorgan Chase report for the three months ending March 31, 2024?
Answer: The Operating Profit Margin for JPMorgan Chase for the three months ended March 31, 2024, is calculated as follows:
Operating Profit Margin = (Operating Profit / Revenue) * 100
Operating Profit (2024) = Income before income tax expense = $17,293 million
Revenue (2024) = $41,934 million
Operating Profit Margin = (17,293 / 41,934) * 100 = 41.24%