Core Viewpoint - JPMorgan is a well-established financial institution with a focus on preferred securities for income generation while maintaining potential for capital gains [1] Financial Performance - JPMorgan reported a net interest income of $22.75 billion for Q2, reflecting a year-over-year increase of over 4% [1] - The total net non-interest income was nearly $4 billion, indicating strong performance in this area [2] - The provision for credit losses increased from $2.9 billion to $3.05 billion year-over-year, but the bank still reported a pre-tax income of $23.4 billion, demonstrating its ability to cover anticipated losses [3] Preferred Securities - The Series MM preferred stock, with a 4.2% dividend yield, has seen a price increase of 19% since October 2023, resulting in a total return exceeding 20% [4] - The Series DD preferred stock offers a 5.75% dividend yield, but is trading at a premium, leading to a current yield of just under 5.7% [5] - The Series EE preferred shares have a 6% dividend coupon and are trading at a slightly higher price than Series DD, with a current yield of approximately 5.9% [7] Investment Considerations - The likelihood of the Series EE preferred shares being called is higher due to their higher coupon rate, making them a less cost-efficient funding option for the bank [9] - The potential for capital loss exists if interest rates decrease and JPMorgan opts to call the more expensive capital [10]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The most recent trading session ended with JPMorgan Chase & Co. (JPM) standing at $219.33, reflecting a -0.44% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.3%.The the stock of company has risen by 9.96% in the past month, leading the Finance sector's gain of 6.28% and the S&P 500's gain of 3.64%.Analysts and investors alike will be keeping a close ey ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients to make profits of billions of dollars.JPMorgan & Chase (JPM) , Raymond James (RJF) , Morgan Stanley (MS) , Wells Fargo (WFC) and a few other banks and brokerage firms were sued for transferring clients' idle funds into sweep accounts with near-zero interest rates.Cash sweep accounts are intended to convert idle ...

The Federal Reserve is expected to initiate an interest rate cut in September 2024, reflecting easing inflationary pressures.After aggressively raising rates over the past two years to combat high inflation, analysts’ projections indicate that the institution will likely reduce rates by 0.25%. Notably, a potential rate cut could significantly boost the stock market, benefiting companies poised to take advantage of a more accommodative monetary policy. Therefore, here are two stocks investors might consider ...

Shares of JPMorgan (JPM) , the largest American lender, have been performing remarkably well this year. The stock touched its two-year high of $219.19 during the last trading session and finally closed at $218.31, soaring 28.3% year to date. The JPM stock has handily outperformed the industry, the S&P 500 Index and its close peers – Bank of America (BAC) , Citigroup (C) and Wells Fargo (WFC) – in 2024.The recent jump in the shares of JPMorgan can be attributed to the statement by the Federal Reserve chairma ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

JoeDunckley Investment Thesis JPMorgan's (NYSE:JPM) strong performance this year has been largely driven by the company's strong net interest income. The banking giant has largely outperformed initial earnings expectations, and this has helped power the stock higher. Their net interest income has been supported by a highly favorable interest rate environment, where higher rates have allowed them to capitalize on their strong lending activities. Higher rates have been a critical driver for the bank to post s ...

The most recent trading session ended with JPMorgan Chase & Co. (JPM) standing at $215.45, reflecting a +0.69% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.97%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1.39%.Heading into today, shares of the company had gained 2% over the past month, outpacing the Finance sector's loss of 0.47% and the S&P 500's loss of 1.85% in that time.Market par ...