JP MORGAN CHASE(JPM)
Search documents
JPMorgan is boosting its junior-banker ranks
Business Insider· 2024-10-25 16:15
JPMorgan is ramping up its hiring of investment-banking analysts and associates, BI has learned.This comes after the bank set new limits on work hours for juniors and saw a 31% jump in deal fees.The fourth quarter is usually a slow period of hiring for investment banks. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a p ...
JPMorgan's Q3 Results Review: How to Play the JPM Stock Now?
ZACKS· 2024-10-23 15:25
The largest American lender, JPMorgan (JPM) , announced third-quarter results on Oct. 11, before the opening bell. The company’s top and bottom lines handily surpassed the Zacks Consensus Estimate.Robust capital markets performance and a rise in net interest income or NII (driven by high interest rates, modest consumer spending and decent growth in loan balance) supported JPM’s quarterly performance. On the other hand, higher non-interest expenses and provisions and subdued mortgage banking performance were ...
JPMorgan Could Become The First Trillion Dollar Bank
Seeking Alpha· 2024-10-14 15:58
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. JPMorgan Chase & Co. (NYSE: JPM ) is the largest bank in the world, by market cap, with a market cap around $600 billion as the company continues to hit ...
JPMorgan Can Hit New Highs This Year: Here's Why
MarketBeat· 2024-10-14 11:17
JPMorgan Chase & Co. Today | --- | --- | |-----------------------|-------| | | | | | | | | | | JPM | | | JPMorgan Chase & Co. | | | $222.29 | | | +9.45 (+4.44%) | | | 52-Week Range $135.19 | | | ▼ | | | $225.48 | | | Dividend Yield 2.25% | | | P/E Ratio 12.40 | | | Price Target $213.47 | | Add to Watchlist JPMorgan Chase & Company NYSE: JPM stock can hit new highs in 2024 because the fear induced by September's guidance warnings was misplaced, the Q3 results were better than expected, cash flow and capital ...
CE 100 Index Gains 1.7% as JPMorgan Leads Banks Higher
PYMNTS.com· 2024-10-14 08:00
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks were up 4.4%, and only two pillars, including the “Live” and “Have Fun” segments, showed slight losses.Within the banking pantheon, JPMorgan’s stock rallied 5.2%. As we reported in the wake of earnings, in the words of CFO Jeremy Barnum, consumer spending is seeing a period of “normalization” as consumers are on “solid footing.”As detailed in the company’s earnin ...
Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
PYMNTS.com· 2024-10-13 22:29
America’s biggest banks say consumers are still spending in spite of inflation.As Reuters reported Friday (Oct. 11), earnings from two of the country’s biggest banks — and optimistic commentary from their executives — could make investors less worried that high borrowing costs were pressuring consumers and leading to a possible downturn.“Overall, we see the spending patterns as being sort of solid,” said Jeremy Barnum, chief financial officer of JPMorgan, who added that spending patterns had returned to nor ...
摩根大通:营收利润超预期,资产质量不及预期
海通国际· 2024-10-12 00:37
[Table_Title] 研究报告 Research Report 11 Oct 2024 摩根大通 J.P. Morgan (JPM US) 营收利润超预期,资产质量不及预期 Revenue & Profit Beat, NPL Ratio Miss 周琦 Nicole Zhou, CFA 林加力 Jiali Lin nicole.q.zhou@htisec.com jiali.lin@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] (Please see APPENDIX 1 for English summary) 事件 摩根大通(JPM.US)发布 2024 年三季度业绩报告。 点评 24Q3 营收利润均超预期,消费社区银行业务不及预期,商业银行、企业投行和资产财富管理业务超预期: 营业收入同比+7.0%,优于彭博一致预期的+4.3%。 o 净利息收入+3.0%,优于于彭博一致预期的-0.1%。存贷款增长和净息差均优于预期。 o 非息收入同比+12.3%,优于彭博一致预期的+7.8%。 成本收入比同比-2pct 至 53%, ...
JPMorgan Sees ‘Normalization' in Card Spending as Consumers on ‘Solid Footing'
PYMNTS.com· 2024-10-11 20:33
As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in the words of CFO Jeremy Barnum, is seeing a period of “normalization” as consumers are on “solid footing.”Spending growth is still growth.“I think what there is to say about consumer spend is a little bit boring in a sense because what’s happened is that it’s become normal,” Barnum said on the call with analysts, adding that “we’re ge ...
JPMorgan CEO Dimon Expresses Concern Over Geopolitical Risks
Investopedia· 2024-10-11 17:00
Take AwaysJPMorgan Chase CEO Jamie Dimon on Friday expressed worry about the world's geopolitical state, saying that "recent events show that conditions are treacherous and getting worse."Dimon says despite the U.S. economy's resilience and slowing inflation, "several critical issues remain."JPMorgan Chase shares surged Friday after the bank's third-quarter revenue and profit came in above consensus estimates. JPMorgan Chase (JPM) Chief Executive Officer (CEO) Jamie Dimon expressed concern about the geopoli ...
JP MORGAN CHASE(JPM) - 2024 Q3 - Earnings Call Transcript
2024-10-11 16:42
JPMorgan Chase & Co. (NYSE:JPM) Q3 2024 Earnings Conference Call October 11, 2024 8:30 AM ET Company Participants Jeremy Barnum - Chief Financial Officer Jamie Dimon - Chairman and Chief Executive Officer Conference Call Participants Jim Mitchell - Seaport Global Securities Steven Chubak - Wolfe Research Erika Najarian - UBS Glenn Schorr - Evercore ISI Gerard Cassidy - RBC Capital Markets Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Saul Martinez - HS ...