JPMorgan Chase lowers 2004-2008 EPS totals

NEW YORK, May 29 (Reuters) - JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) on Friday lowered its profit per share figures by 2 cents to 5 cents for each of the previous five years to reflect a new accounting rule. Net income remained unchanged.

The second-largest U.S. bank said the change calls for companies to include some stock-based compensation awards that have yet to vest when calculating shares outstanding.

It said the change does not affect the bank's net income, financial position or regulatory capital for the affected periods.

JPMorgan lowered net income per share to $1.35 from $1.37 for 2008, to $4.33 from $4.38 for 2007, to $4.00 from $4.04 for 2006, to $2.35 from $2.38 for 2005, and to $1.52 from $1.55 for 2004.

The New York-based bank disclosed the change in a U.S. Securities and Exchange Commission filing. (Reporting by Jonathan Stempel; editing by John Wallace)