Previous 10 | Next 10 |
2023-07-12 09:30:11 ET Citi analyst Keith Horowitz downgraded JPMorgan Chase ( NYSE: JPM ) stock to Neutral from Buy on Tuesday on the belief that its premium valuation has returned, trading at around two times tangible book value and ~10.5 times 2024 EPS. Also, "with the stoc...
2023-07-12 00:34:11 ET Summary JPMorgan is set to report their Q2 '23 financial results on July 14th, 2023, with analysts predicting $4.00 in earnings per share on $38.86 billion in revenue. In Q1 '23, JPMorgan exceeded consensus estimates on EPS and revenue by 21% and 6%, respect...
2023-07-11 19:45:00 ET Summary Heading into the Q1 earnings season, we were expecting an ‘earnings recession’ based on a negative Q4 actual growth rate along with analyst estimates forecasting a negative growth rate for both Q1 and Q2. Over the last three months, the...
2023-07-11 13:03:51 ET Shares of JPMorgan Chase & Co ( NYSE: JPM ) are worth buying ahead of the bank’s second-quarter financial results on July 14 th , says Ken Usdin – a Jefferies analyst. JPMorgan stock has further upside to $165 Usdin raised his rat...
2023-07-11 09:44:00 ET JPMorgan Chase ( NYSE: JPM ) said Tuesday it named John China , who previously worked at failed lender Silicon Valley Bank ( OTCPK:SIVBQ ) for 27 years, as co-head of innovation economy for commercial banking based in San Francisco. China was most ...
2023-07-11 09:30:53 ET Summary Q2 earnings season begins this week with reports from large banks like Citi, Wells Fargo, and J.P. Morgan Chase. This is the first full quarter of results since a series of high-profile US bank failures in the spring. Q2 earnings are likely to sh...
2023-07-11 08:06:58 ET With banks facing a number of uncertainties, Jefferies analyst Ken Usdin upgraded JPMorgan Chase ( NYSE: JPM ) to Buy from Hold on the strength of its balance sheet, liquidity position, and earnings generation potential. Meanwhile, he downgraded Truist Fin...
John China and Melissa Smith to Co-Head Innovation Economy for Commercial Banking As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced today that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, Chin...
2023-07-11 00:21:48 ET Summary Ever since the great financial crisis, Citi has been lagging behind peers with regard to (i) return on equity, (ii) stock market performance, and (iii) valuation. Citi actually doesn't look too bad. In fact, during the past decade, Citi recorded a cy...
2023-07-10 14:45:14 ET Summary Vanguard S&P 500 Value ETF selects large-cap stocks based on book value-to-price, earnings-to-price, and sales-to-price ratios. It is better diversified across sectors than the S&P 500. It has lagged the benchmark since inception, but per...
News, Short Squeeze, Breakout and More Instantly...
2024-08-05 15:01:00 ET Troubling news out of Japan tanked stock markets this morning, and financial companies are suffering. Through 1:11 p.m. ET, shares of JPMorgan Chase (NYSE: JPM) are down 2%, Wells Fargo (NYSE: WFC) dropped 2.4%, and insurance giant Chubb Limited ...
Part of company's branch expansion, the commitment includes 25 new branches, over 150 new jobs by 2030; greater access to consumer, business, and community banking for customers across the state; renewed commitment to support economic growth and prosperity JPMorganChase has announced ...
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the SEC. The report is available on the SEC's website at www.sec.gov and will be available on the Firm's In...