JPMorgan CEO Jamie Dimon sees whopping pay hike for 2024

This comes after JPMorgan reported a record 2024 financial result, with its net income rising 18% to $59 billion from the previous year's almost $50 billion.

JPMorgan Chase announced on Thursday that it has raised CEO Jamie Dimon's 2024 compensation after a record year of profitability, Business Insider reported.

The bank, which is America's biggest in terms of assets, paid Dimon $39 million for 2024, which is an increase of 8.3% compared to 2023, when he earned $36 million.

In 2022, it was $34.5 million.