JPMorgan Chase & Co. (JPM)
Market Cap | 554.93B |
Revenue (ttm) | 158.10B |
Net Income (ttm) | 47.76B |
Shares Out | 2.88B |
EPS (ttm) | 16.23 |
PE Ratio | 11.87 |
Forward PE | 11.98 |
Dividend | $4.20 (2.18%) |
Ex-Dividend Date | Jan 4, 2024 |
Volume | 5,594,615 |
Open | 190.63 |
Previous Close | 190.30 |
Day's Range | 189.89 - 192.69 |
52-Week Range | 123.11 - 192.70 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 182.69 (-5.17%) |
Earnings Date | Apr 12, 2024 |
About JPM
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank bra... [Read more]
Financial Performance
In 2023, JPM's revenue was $158.10 billion, an increase of 22.85% compared to the previous year's $128.70 billion. Earnings were $47.76 billion, an increase of 33.07%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for JPM stock is "Buy." The 12-month stock price forecast is $182.69, which is a decrease of -5.17% from the latest price.
News
Banking and AI: JPMorgan can be the 'Nvidia of banking'
As the adoption of generative AI in business continues to grow, the banking sector is the latest to embrace the technology, aiming to boost productivity and streamline operations. Wells Fargo Managing...
JPMorgan Chase Declares Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm's Series Q, R, S, U and CC preferred stock. In...
Megabanks not immune to office space slowdown as stressed loan percentage jumps
The largest U.S. banks are currently managing the highest percentage of stressed loans in their commercial real-estate portfolios in more than a decade as the industry faces slack demand for office sp...
JPMorgan Fined $350 Million for Trading Record Gaps
Shares of JPMorgan were off 1.5%, after the Thursday morning news of the penalties. By comparison, the S&P 500 index declined just 0.05%.
JPMorgan fined nearly $350M for 10 years of inadequate trade monitoring
JPMorgan Chase has been fined $348.2 million over its inadequate program to monitor firm and client trading activities for market misconduct.
Fed Fines JPMorgan Chase Nearly $350 Million For ‘Inadequate Monitoring Practices'
JPMorgan Chase was fined $348.2 million by the Federal Reserve Thursday over an “inadequate program to monitor firm and client trading activities for market misconduct,” the Fed's Board and Office of ...
JPMorgan Hit With Nearly $350 Million Fine for Compliance Failures in Trading
Federal regulators allege that the bank didn't properly oversee and monitor trades that clients carried out through its systems.
JPMorgan Chase fined a total of $348.2 million for ‘inadequate' monitoring and market misconduct
JPMorgan Chase & Co. has been fined a total of $348.2 million by the U.S. Federal Reserve and the Office of the Comptroller of the Currency for failing to keep track of all of its trading activities, ...
JPMorgan to pay nearly $350 million in penalties for inadequate trade reporting
JPMorgan Chase & Co has been fined $348.2 million by a pair of U.S. bank regulators over its inadequate program to monitor firm and client trading activities for market misconduct, the Federal Reserve...
Goldman CEO says banks falling short on keeping women in senior-level roles: report
About two-thirds of the women who were partners at Goldman Sachs Group Inc. at the end of 2018 have since left the firm or no longer have the title.
JPMorgan hires former Global X chief investment officer as ETF strategist
JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer of Global X, to head a new global research effort focusing on exchange-trad...
ETF Veteran Jon Maier Joins J.P. Morgan Asset Management
Will lead new ETF Insights program NEW YORK , March 13, 2024 /PRNewswire/ -- J.P. Morgan Asset Management ("The Firm") today announced that industry-veteran, Jon Maier, is joining as Chief ETF Strateg...
JPMorgan Chase to Host First-Quarter 2024 Earnings Call
NEW YORK--(BUSINESS WIRE)--As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) will host a conference call to review first-quarter 2024 financial results on Frid...
This is still a time to let your winners run, says U.S. Bank's Eric Freedman
Eric Freedman, U.S. Bank Asset Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Tuesday.
JPMorgan Stock Is Soaring. The Mega Banks Won't Catch NYCB's Malaise.
Shares of the nation's largest banks are reaping the rewards from a solid economy and stock market.
JPMorgan's Kelly: Friday's jobs report is 'very good news' as immigration fills unemployment gap
David Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss what Kelly makes of Friday's jobs report, the strength of the economy, and more.
Trade Tracker: Brian Belski trims JP Morgan
Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to explain why he's trimming JP Morgan.
U.S. bank profits drop 44% in Q4 as big firms cover failed bank costs
The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the ...
Trade group claims 97% of the public have a view on bank capital rules. Here's its justification.
There's a federal rule proposal that would require banks to have a bigger cushion to protect against losses so they don't go bankrupt. Banks with more than $100 billion in assets would see their capit...
J.P. Morgan Asset Management Releases 2024 Guide to Retirement
12th edition of Guide examines key issues impacting retirement planning in 2024 including taxes, Social Security, and health care NEW YORK , March 6, 2024 /PRNewswire/ -- J.P. Morgan Asset Management ...
JPMorgan, Citi, Wells, BoA are no longer signatories to the Equator Principles, website shows
Four of the biggest U.S. banks including the country's biggest JPMorgan are no longer signatories to the Equator Principles, an industry benchmark for assessing environmental and social risks in proje...
US banks far more exposed than Europeans to property crunch, says Morgan Stanley
Major European banks have been cutting their lending to commercial property and have half the exposure of their U.S. peers, making U.S. lenders more vulnerable as office prices plunge further, Morgan ...
JPMorgan joins France's payments network CB to skirt Visa, Mastercard
JPMorgan Chase & Co said on Tuesday it had joined France's leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card payment costs to its ...
Dow Stocks To Trade In March
For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month.