JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday.

Now that the largest six U.S. banks have reported their fourth-quarter results, it is clear that investors are continuing to celebrate the group’s performance. And although the banks have varying business models,

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.