JPMorgan Chase is preparing for the day when Jamie Dimon is no longer head of the banking behemoth.The board of directors at JPMorgan Chase said a top priority for the bank is to “plan for an orderly CEO transition in the medium term,” according to its latest proxy statement which was released on Monday.According to the bank, the board “is spending significant time on developing Operating Committee members who are well-known to shareholders as strong potential CEO candidates.” 4 JPMorgan Chase CEO Jamie D ...

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced that artificial intelligence will have a profound impact on society.In his annual letter to shareholders released Monday, Dimon chose AI as the first topic in his update of issues facing the biggest U.S. bank by assets — ahead of ...

Finding value stocks to double your money by 2030 requires both a pragmatic approach and a keen eye. While high-flying growth stocks may grab the headlines, underappreciated value stocks with strong fundamentals offer compelling opportunities. These stocks possess intrinsic qualities often overlooked by the broader market. This opportunity for discerning investors allows them to capitalize on undervalued companies poised for significant upside over the next decade. While past performance is not indicative o ...

JPMorgan Chase & Co. (JPM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Apr ...

After an exceptionally bullish period for the stock market, during which many of its assets have reached their all-time highs (ATHs), it seems these times might be drawing to an end as the sentiment switches back from ‘greed’ to ‘neutral’ for the first time since November.Specifically, the emotion driving the stock market at the moment is pointing at a ‘neutral’ at 50, where it moved after a previous close in the ‘greed’ zone, and one month after leaving the ‘extreme greed’ area, according to the recent dat ...

JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business.The GB business now brings together the bank’s Commercial, Corporate and Investment Banking lines, according to a memo provided to PYMNTS Thursday (April 4) by JPMorgan Chase.“Our new GB franchise strengthens connectivity across these teams and enables us to deliver the power of the firm to help our clients succeed,” Filippo Gori and Doug Petno wrote in the memo.Commercial Banking includes the bank’s heritage Co ...

According to NextEarningsDate.com, the JPMorgan Chase JPM next earnings date is projected to be 4/12 before market open, with earnings estimates of $4.28/share on $41.99 Billion of revenue.Looking back, the recent JPMorgan Chase earnings history looks like this:JPMtickertechThe company has an impressive long-term earnings per share chart:JPMtickertechAnd with equally impressive revenue growth:JPMtickertechBut earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as inv ...

When banking titan JPMorgan Chase & Co makes pronouncements about the market, people tend to listen. And, this week, the giant’s focus has been squarely on stocks.Yesterday, JPMorgan published a Top Market Takeaways article entitled ‘Bubble or Bliss? Why we think the stock market could grind higher’. Another 15% rally coming Copy link to section The report had no shortage of good news for those bullish on equities, especially JPMorgan’s proclamation that the stock market is set to likely rise another 15% th ...

JPMorgan’s (JPM) outlook has been upgraded to positive from stable by S&P Global Ratings. However, the A-/A-2 ratings of the holding company and the A+/A-1 operating company ratings have been kept unchanged.The strength of JPM’s extensive lending-to-trading business, which has outperformed its peers, is the primary reason behind the outlook upgrade. In 2023, the company’s performance exceeded most of its peers, reflecting its business strength and prudent balance sheet management. The rating agency believes ...

JPMorgan Chase & Co. (JPM) closed the most recent trading day at $198.94, moving -0.68% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.2%. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.The company's stock has climbed by 8.1% in the past month, exceeding the Finance sector's gain of 4.2% and the S&P 500's gain of 3.32%.Market participants will be closely following the financial results of JPMorgan Chase & Co. in its upcoming release ...