Here’s how the company did on an adjusted basis after that charge:
The shares, which are up 31 percent in the last 12 months, closed up 1.65 percent Friday to hit an all-time high.
The company returned $6.7 billion in capital to shareholders during the fourth-quarter with $4.7 billion in net stock buybacks.
Despite the one-time charges, CEO Jamie Dimon praised the bill.
Its shares rallied through year-end after the bank reported better-than-expected third-quarter results in October.
The bank revealed it took a $2.4 billion charge in the fourth quarter due to the Tax Cuts and Jobs Act.