JPMorgan (JPM) remains well-poised for growth on higher rates, strategic restructuring and expansion moves and improving deal-making activities. Yet, fee income growth challenges are a major headwind.
JPMorgan JPM is slated to kick-start second-quarter 2024 earnings on Jul 12. The largest American bank's earnings draw a lot of interest from investors because of its presence in almost all the finance sector businesses, thus offering insight into how the quarterly performance of other banks is likely to be.
Inflation reduces the purchasing power of the money that you save up in the bank. While it's good to save money and build toward long-term financial goals, it loses value every year.
The stock market heads into the Q2 reporting season next week. But a couple of key inflation gauges may be the week's real news.
With the June-quarter reporting cycle taking center stage thanks to reports from the big banks next Friday, here are three key points that investors should keep in mind as we inch closer.
The head of America's biggest retail bank has a warning for its 86 million customers: prepare to pay for your bank accounts.
Marko Kolanovic, who called the Covid-era rebound but missed the latest stock rally, is leaving the bank.
JPMorgan Chase's 4.2% preferred shares have performed in line with the iShares Preferred and Income Securities ETF so far in 2024. Going back to June 2021, the series MM preferred shares have underperformed the bank's common stock by 50%, creating a potential buying opportunity. The series MM shares offer a 10.55% annual return to my year-end 2026 price target of $21.7/share.
Several major global banks, including JPMorgan (JPM), Goldman Sachs (GS) and BNP Paribas SA (BNPQY), agree to pay $46 million (in total) to settle the interest-rate swap case.
In the most recent trading session, JPMorgan Chase & Co. (JPM) closed at $198.88, indicating a +1.31% shift from the previous trading day.
JPMorgan (JPM), Citigroup (C), Bank of America (BAC), and Goldman Sachs (GS) 'living wills' plan is criticized by U.S. regulators. The firms are to submit plans to correct inadequacies by September.
Being one of JPMorgan's (JPM) key strategic regions in the country, the bank announces plans to expand in South Florida.