JPMorgan Chase & Co. (JPM) closed the most recent trading day at $264.88, moving -1% from the previous trading session.
CNCB's Leslie Picker joins 'Money Movers' with the latest details from JPMorgan's investor day.
America's biggest bank says businesses and consumers are resilient in the face of uncertainty. As such, JPMorgan Chase is projecting that it could earn more from interest payments this year, according to a Reuters report Monday (May 19) from the bank's annual presentation to investors and analysts.
Investors will gather in midtown Manhattan to see who might become the bank's next CEO.
JPMorgan and Morgan Stanley are well-known players in the IB industry. Which one presents the better opportunity?
JPMorgan Chase & Co. (JPM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Summary ⚈ JPMorgan's Linda Bammann and CEO Jamie Dimon recently sold millions in company stock. ⚈ The sales come amid Dimon's recession warning tied to trade tariffs.
Market volatility due to US tariffs and recession fears has created an opportunity for pair trades in JPMorgan's preferred stocks, specifically JPM-L and JPM-D. JPMorgan's financials show concerning cash flow from operations, with a significant negative value reported for Q1 2025, raising sustainability questions. The pair trade between JPM-L and JPM-D offers a potential 6% profit due to the temporary equalization of their call option prices.
The US tariffs and recession fears triggered equity selling and weakened long-term treasuries, affecting debt issues and perpetual preferred stocks. JPMorgan Chase & Co. remains financially robust, with strong ratings and a stable outlook, but its preferred stock JPM-C is overvalued. JPM-C offers no upside potential compared to other JPM preferred stocks and peers with similar credit ratings, making it an unattractive investment.
JPMorgan Chase & Co. (JPM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
JPM had a strong Q1, beating top- and bottom-line estimates, with significant growth in Consumer & Community Banking and double-digit growth in Corporate & Investment Banking and Asset & Wealth Management. Despite macroeconomic uncertainties, JPM reaffirmed its 2025 guidance, showcasing resilience and a well-rounded business model, making it a solid investment during turbulent times. The stock's recent selloff has made it attractive, leading to an upgrade from HOLD to BUY, with a price target of $271, representing an 18% upside.
JPMorgan's Q1 2025 results show strong performance with a 9% YoY net income increase, despite rising credit costs and macroeconomic headwinds. The bank's diversified exposure and robust CET1 ratio position it well, but valuation concerns and uncertain growth outlook limit short-term upside. JPM's premium valuation, trading above its 5-year averages, makes it a Hold rather than a Buy, especially in uncertain economic times.