JPM - JPMorgan Chase & Co.
After hours:
| Previous Close | 140.73 |
| Open | 140.35 |
| Bid | 141.02 x 800 |
| Ask | 140.98 x 1200 |
| Day's Range | 140.21 - 141.80 |
| 52 Week Range | 101.28 - 144.34 |
| Volume | |
| Avg. Volume | 13,988,587 |
| Market Cap | 412.072B |
| Beta (5Y Monthly) | 1.08 |
| PE Ratio (TTM) | 10.39 |
| EPS (TTM) | 13.57 |
| Earnings Date | Jul 14, 2023 |
| Forward Dividend & Yield | 4.00 (2.84%) |
| Ex-Dividend Date | Jul 05, 2023 |
| 1y Target Est | 160.65 |
ReutersJeffrey Epstein victims demand new deposition of JPMorgan CEO Dimon
Lawyers for Jeffrey Epstein victims who are suing JPMorgan Chase over its ties to the disgraced financier on Friday asked a judge to require Chief Executive Jamie Dimon and two other bank officials to sit for new depositions. In a letter to U.S. District Judge Jed Rakoff in Manhattan, the lawyers said recalling the executives was necessary because JPMorgan has been slow to produce relevant documents, including more than 1,500 produced after Dimon's May 26 deposition. The lawyers said these documents included discussion of an internal review conducted after Epstein's August 2019 death, and a 22-page timeline of emails including messages between Epstein and Jes Staley, who once oversaw asset management at JPMorgan.
BloombergCopycats Target JPMorgan’s Smash-Hit ETFs Just as Market Turns
(Bloomberg) -- Asset managers looking to replicate the success of JPMorgan’s biggest actively-managed exchange-traded funds will likely have to do it without the same market tailwind the ETFs enjoyed. Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Boo
ReutersUS minority-owned banks withstand industry turmoil, executives say
Minority-owned banks in the U.S. have stayed resilient during this year's industry turmoil thanks in part to government and industry support, despite concerns that they would struggle to survive, executives said. Minority depository institutions, or MDIs, "have emerged stronger now coming out of the pandemic and the recent crisis due to the government support and help from the big banks," James Sills, CEO of M&F Bank, a Black-owned lender based in Durham, North Carolina. There were 148 MDIs in the U.S. at the end of March, according to the Federal Deposit Insurance Corp. In just over a decade, more than 25% have disappeared due to consolidation or insolvency.
- Reuters
Ex-JPMorgan executive Staley to be questioned under oath about Epstein ties
Jes Staley, the onetime asset management chief at JPMorgan Chase, is set to be questioned under oath over the weekend about his ties to the late financier and sex offender Jeffrey Epstein, according to a person familiar with the matter. One is by a proposed class of women who say they were abused by Epstein, and the other is by the U.S. Virgin Islands, where Epstein allegedly abused women on a private island he owned. Staley's testimony could be key.
BloombergJavice Accuses Prosecutors, SEC of ‘Hide-the-Ball’ Tactics
(Bloomberg) -- A lawyer representing Charlie Javice accused the US government of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseRussian Elite Is Souring on Putin’s Chances of Winning His WarLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally
- Reuters
UPDATE 3-Odey's prime brokers review ties after misconduct allegations -sources
Odey Asset Management's prime brokers, including Goldman Sachs, JPMorgan and Morgan Stanley, are reviewing their relationships with the hedge fund after allegations of sexual misconduct by its founder were reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said. The FT and Tortoise, in a joint investigation, reported that 13 women alleged founder and owner Crispin Odey, one of Britain's best-known hedge fund managers, had sexually assaulted or harassed them over a 25-year period.
ReutersOdey's prime brokers review ties after misconduct allegations -sources
LONDON/TORONTO (Reuters) -Odey Asset Management's prime brokers, including Goldman Sachs , JPMorgan and Morgan Stanley, are reviewing their relationships with the hedge fund after allegations of sexual misconduct by its founder were reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said. The FT and Tortoise, in a joint investigation, reported that 13 women alleged founder and owner Crispin Odey, one of Britain's best-known hedge fund managers, had sexually assaulted or harassed them over a 25-year period.
ZacksZacks Investment Ideas feature highlights: Molson Coors, JP Morgan Chase and Murphy USA
Molson Coors, JP Morgan Chase and Murphy USA are part of the Zacks Investment Ideas article.
- Reuters
Former JPMorgan executive Staley rejects bank's Jeffrey Epstein accusations
The former JPMorgan Chase & Co executive accused of shepherding the bank's relationship with Jeffrey Epstein formally denied involvement in the disgraced financier's sex trafficking, and blamed JPMorgan for keeping him as a client. In Wednesday night filings in Manhattan federal court, Jes Staley said his dealings with Epstein were not the "proximate cause" of any damages JPMorgan might incur in two lawsuits it faces over its work with Epstein, a client from 1998 to 2013. Staley, who has denied wrongdoing and expressed regret for befriending Epstein, said he did not know Epstein would coerce young women and girls into having sex, or that anyone under 18 would be pressured into sex.
BloombergJPMorgan Grows Even Bigger as US Bank Giants Soak Up Assets
(Bloomberg) -- The Goliaths of US banking are getting even bigger after a series of regional lender failures funneled assets into giants such as JPMorgan Chase & Co., according to an analysis by S&P Global Market Intelligence.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCT
ZacksInorganic Growth Efforts, High Rates Aid JPMorgan (JPM) Top Line
Higher rates, decent loan demand, inorganic growth efforts and a solid balance sheet are expected to keep aiding JPMorgan's (JPM) profits.
Sky NewsWall Street giants vie to sell Telegraph and Spectator titles
A group of banks including the Wall Street behemoths Goldman Sachs and JP Morgan are vying for the prized mandate to sell The Daily Telegraph and its sister Sunday newspaper. Sky News understands that the investment banks are on a shortlist to be picked by Lloyds Banking Group in the coming days to handle the sale of the titles, along with the current affairs magazine, The Spectator. Lloyds is understood to believe the titles are worth in the region of £600m.
Zacks3 Attractive Large-Caps Investors Shouldn't Ignore
Large-caps are well-established, have more analyst coverage, and frequently pay dividends, all undeniably significant benefits that make them so popular among investors.
ZacksRestructuring Efforts Aid Interactive Brokers (IBKR), Costs Ail
Interactive Brokers' (IBKR) efforts to develop proprietary software will keep aiding profits. High costs may hurt the bottom line.
ZacksIs Credicorp (BAP) Stock Outpacing Its Finance Peers This Year?
Here is how Credicorp (BAP) and JPMorgan Chase & Co. (JPM) have performed compared to their sector so far this year.
Business WireIt’s National Homeownership Month: Chase Debuts Updated Offerings and Reveals First-Time Homebuyer Attitudes Study
NEW YORK, June 06, 2023--Chase debuts updated offerings for homebuyers during National Homeownership Month
ZacksShould JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) Be on Your Investing Radar?
Style Box ETF report for JPSE
Yahoo Finance VideoMike Pence files paperwork to enter 2024 president race, Dimon says he's not running for office
Former Vice President Mike Pence files paperwork to enter the 2024 presidential race, while JPMorgan CEO Jamie Dimon says he is not running for political office this year. Yahoo Finance senior columnist Rick Newman breaks down the latest
Yahoo FinanceDimon has 'no plans' to run for public office but hasn't ruled out public service
JPMorgan Chase clarified the thinking of its boss after Dimon said last week that the thought of running for public office had crossed his mind.
ReutersJPMorgan CEO Jamie Dimon has no plans to run for office, bank says
The comment comes after billionaire hedge fund manager Bill Ackman said last week Dimon should run for president in the next US elections.
- Zacks
JPMorgan (JPM) Expects Economic Slowdown to Weigh on Loan Demand
JPMorgan's (JPM) president, Daniel Pinto, believes that loan demand is declining, and the firm's IB and markets revenues will be down 15% in the first half of 2023.
Business WireJ.P. Morgan Wealth Plan™ Recognized as Best Digital Initiative and Best Use of Technology
NEW YORK, June 05, 2023--J.P. Morgan Wealth Management’s Wealth Plan was recognized as Best Digital Initiative and Best Use of Technology in Wealth Management in the 2023 Banking Tech USA Awards. Since launching in December 2022, Wealth Plan has helped millions of customers make smart money decisions and plan for their goals.
- Reuters
JPMorgan CEO Jamie Dimon has no plans to run for office, company says
JPMorgan Chase & Co CEO Jamie Dimon does not intend to run for office, the company said, after speculation in recent days about potential political aspirations. The comment comes after billionaire hedge fund manager Bill Ackman said last week Dimon should run for president in the next U.S. elections.
Zacks5 Most Popular Actively Managed ETFs
The growing adoption of actively managed ETFs came as major active mutual fund providers entered the ETF fray by converting or cloning existing mutual fund strategies or adding new strategies.
ZacksJPMorgan Chase & Co. (JPM) is Attracting Investor Attention: Here is What You Should Know
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.
