JPMorgan posted first-quarter earnings on Friday. The banking giant posted strong growth in revenue and profits but also grew its reserves.
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the world economy continues to face ”considerable turbulence” as the bank added a more than a half-billion dollars to its reserves to maintain its ”fortress” balance sheet.
CNBC's Joe Kernen reports on JPMorgan's quarterly earnings results.
A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank.
JPMorgan will report their Q1 '25 financial results before the opening bell on Friday, April 11th, 2025. Consensus estimates for the bank giant are expecting $4.61 in earnings per share on $44.1 billion in revenue for expected y-o-y growth in EPS of exactly 0% (flat y-o-y) on -1% revenue growth. With the drop in JPM's stock price from $280 late in '24 to $235 today (after the big rally), the P/E has compressed a little bit on JPM, as the EPS estimates haven't changed much with the market turmoil.
The CEO of JPMorgan Chase has said Donald Trump's sweeping tariffs are "likely" to spark a recession.
Big bank stocks fell Wednesday as JPMorgan Chase (JPM) CEO Jamie Dimon said the economy could be headed toward a recession as the Trump administration's tariffs rattle markets.
JPMorgan Chase (JPM 0.91%) Chief Executive Officer Jamie Dimon is one of the most respected voices on Wall Street.
As U.S. banks begin reporting their quarterly earnings on Friday, investors will watch to see whether fears about tariffs are hampering clients' borrowing appetites and ability to repay loans.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for JPMorgan Chase & Co. (JPM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
JPMorgan Chase & Co. (JPM) concluded the recent trading session at $214.05, signifying a +1.79% move from its prior day's close.
JPMorgan's CEO says America's latest tariffs could dampen an economy that was “already weakening.” In his annual letter to shareholders, published Monday (April 7), Jamie Dimon argues that there are several uncertainties tied to the tariff policy: the effect on confidence, investments, corporate profits and the U.S. dollar, as well as retaliation by other countries.