JPMorgan Chase & Co. (JPM)
| Market Cap | 609.48B |
| Revenue (ttm) | 161.69B |
| Net Income (ttm) | 48.51B |
| Shares Out | 2.87B |
| EPS (ttm) | 16.57 |
| PE Ratio | 12.81 |
| Forward PE | 13.18 |
| Dividend | $4.60 (2.17%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 6,475,512 |
| Open | 209.24 |
| Previous Close | 208.67 |
| Day's Range | 208.62 - 213.16 |
| 52-Week Range | 135.19 - 217.56 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 204.00 (-3.88%) |
| Earnings Date | Jul 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, JPMorgan Chase's revenue was $146.01 billion, an increase of 19.39% compared to the previous year's $122.30 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 $204.0, which is a decrease of -3.88% from the latest price.
News
Digging Into Boutique Bank Earnings
Evercore Inc. reported record revenue as dealmaking led to a surge in advisory fees. Matthew Monks takes a deep dive into the sector on "Wall Street Beat" on "Bloomberg Open Interest.
JPMorganChase Announcement Concerning Preferred Stock
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has made an announcement concerning its preferred stock. Information can be found on the Firm's Investor Rel...
J.P. Morgan Asset Management Survey Unveils Growing Demand for Improved Retirement Income Support Among Plan Participants
Nearly 80% of Plan Participants Worry About Securing Lifetime Retirement Income NEW YORK , July 24, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today released its 2024 Defined Contribution (DC) ...
Why bank stocks don't need ‘rotation out of tech' to keep rising after July jump
While we think tech stocks will return to the front of the pack before long, we think bank stocks may fare better than many over the rest of the year,' says Capital Economics
J.P. Morgan Asset Management Welcomes Josh Myerberg as Head of Real Estate Americas Portfolio Strategy
- Myerberg Brings Expertise from Morgan Stanley to Accelerate J.P. Morgan's Real Estate Growth - NEW YORK , July 24, 2024 /PRNewswire/ -- J.P.
Jamie Dimon's Handpicked IB Heads Look to Build JPMorgan Market Share
JPMorgan's new heads of investment banking, Jenn Piepszak and Troy Rohrbaugh, notched a market-share win this month as JPMorgan's M&A bankers reaped more fees than Goldman for the first time in over a...
NYCB closes sale of about $6 bln mortgage warehouse loans to JPMorgan Chase
Regional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall Street giant JPMorgan Chase.
JPMorgan says majority of ATMs operating normally amid outages
JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority of its ATMs are operating normally, according to an emaile...
JPMorgan CEO Jamie Dimon says he'll add thousands of jobs focused on AI in the next couple of years
JPMorgan CEO Jamie Dimon is a huge believer in artificial intelligence's impact on the workforce. The CEO recently told LinkedIn that his company has around 2,000 people focused on AI.
Jim Cramer names stocks that could rally, or fall, during another Trump presidency
CNBC's Jim Cramer on Monday named stocks that could stand to see gains if former President Donald Trump returns to office, as well as ones that may notch losses. "After this weekend, it sure seems lik...
JPMorganChase Declares Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm's Series DD, EE, GG, JJ, KK, LL, MM and NN pref...
Bank bond spreads tighten as earnings spark buying ahead of fresh debt offerings
Bond yields for three of the four biggest money-center banks have continued to tighten against Treasurys following their earnings updates, in a positive sign of demand ahead of billions of dollars in ...
CE 100 Index Gains 1.3% as Big Banks Post Earnings
Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index was up 1.
Top Wall Street analysts are pounding the table on these 3 dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart and JPMorgan Chase.
Quint Tatro: JPMorgan is my favourite bank stock but I'm still trimming JPM
Quint Tatro – the founder of Joule Financial is trimming his stake in JPMorgan Chase & Co even though it continues to be his favourite bank stock to own. The financial services behemoth reported its q...
What We Learned From Big Bank Earnings Friday
Earnings at two of the three large U.S. banks that traditionally launch the financial sector's quarterly earnings season exceeded investors' expectations Friday. But their income statements revealed t...
Chase may start charging for checking accounts
Chase Bank warned customers that checking accounts might not be free in the future.
Stock Market Today: Markets Bounce Back on Rate-Cut Optimism
The latest readings on consumer sentiment and inflation helped lift the odds of the Fed easing in September.
Big banks under pressure: Here's what you need to know
David Konrad, KBW managing director, joins 'Power Lunch' to discuss his takeaways from big bank earnings.
Three-Stock Lunch: JPMorgan, Johnson & Johnson and On Holding
Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss stock plays for three stocks.
JPMorgan CEO Jamie Dimon warns inflation and interest rates may stay higher for longer than expected
JPMorgan Chase, Wells Fargo and Citigroup exceeded LSEG analysts' second-quarter expectations.
5 things investors learned from JPMorgan Chase's earnings
JPMorgan Chase & Co. beat revenue estimates and reported a higher profit for the second quarter when including one-time items such as its sale of stock in Visa Inc., but the bank put aside more money ...
ASML, JPM, AMZN: Stocks to Watch & Technical Trends
ASML (ASML) had a huge run up this week as it broke out of the previous all-time high, notes Joe Tigay. He and Ben Lichtenstein discuss today's Big Three: ASML, JPMorgan Chase (JPM), and Amazon (AMZN)...
WFC, JPM: Financials are Going to Have a Tough Time in 2024
I think financials in general are going to have a tough time in back half of 2024, notes Adam Coons. He discusses bank earnings, highlighting the moves in Wells Fargo (WFC) and JPMorgan Chase (JPM).