|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's range||92.00 - 94.10|
|52-week range||76.91 - 141.10|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||10.38|
|Earnings date||14 Jul 2020|
|Forward dividend & yield||3.60 (3.90%)|
|Ex-dividend date||02 Jul 2020|
|1y target est||110.04|
As previously announced, JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") will host a conference call to review second-quarter 2020 financial results on Tuesday, July 14, 2020 at 8:30 a.m. (Eastern). The results are scheduled to be released at approximately 7:00 a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.
Starting in October, the bank will have to maintain a common equity tier 1 capital ratio of 11.3%, up from its current 10.5% requirement.
JPMorgan Chase & Co <JPM.N> is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company, said two sources with knowledge of the move. The terms had appeared in some of the bank's technology policies, standards and control procedures, as well in the programming code that runs some of its processes, one of the sources said. Other companies like Twitter Inc <TWTR.K> and GitHub Inc adopted similar changes, prompted by the renewed spotlight on racism after the death of George Floyd, a Black man who died in police custody in Minneapolis in May.
The Zacks Analyst Blog Highlights: Visa, JPMorgan Chase, Bank of America, Chevron and Eli Lilly
Former CFPB head Richard Cordray says Monday's Supreme Court ruling would mean quick removal of the agency's Trump-appointed director if the Democrats win the White House.
While JPMorgan (JPM) is likely to be able to maintain the current dividend payout in the near term, further worsening of the economic environment might compel it to cut the same.
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") announced today that it has completed the 2020 Comprehensive Capital Analysis and Review ("CCAR") stress test process. Information can be found on the Firm’s Investor Relations website at www.jpmorganchase.com/press-releases.
European stock markets are set to open lower Monday, with investors displaying a cautious tone as the ever-rising number of Covid-19 cases threatens the global economic recovery. At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.8% lower. France's CAC 40 futures were down 0.8%, while the FTSE 100 futures contract in the U.K. fell 0.5%.
The Fed will bar big banks from increasing their dividend payments, following the central bank’s annual stress tests that included a “sensitivity” analysis incorporating the impact of the COVID-19 crisis.
Investing.com -- Crude oil prices drifted slightly lower on Monday, after rallying last week to a level that many think is at far as it can convincingly go in the near term.
Current JPMorgan Chase & Co's head of Equity Capital Markets in Hong Kong, Daniel Darahem, is returning to Brazil to head the bank's operation in the country, the bank announced on Friday. Darahem, an executive who has been at JPMorgan for 20 years, has previously worked in New York and been ECM head for Latin America.
Piraeus Bank <BOPr.AT> has hired JPMorgan and UBS to sell two portfolios of soured loans worth about 7 billion euros as it scrambles to clean up its balance sheet and tackle a new debt crisis triggered by the novel coronavirus, sources told Reuters. Piraeus, Greece's largest lender by assets which is 26%-owned by the country's HFSF bank rescue fund, aims to conclude the securitisation of the two loan portfolios between the end of 2020 and the start of 2021, three sources familiar with the matter said. JPMorgan has won the mandate for Piraeus' biggest debt auction, dubbed Project Vega, which consists of 5 billion euros ($5.62 billion) of non-performing loans (NPLs), while UBS is handling the 2 billion euro Project Phoenix sale, the sources said.
JPMorgan Chase CEO Jamie Dimon renewed the company’s commitment to addressing the U.S. racial wealth gap in the wake of the killing of George Floyd.
China on Thursday approved JPMorgan's application to operate the first fully foreign-owned futures business, as the world's second-largest economy pushes ahead with opening its multi-trillion-dollar financial market. The latest regulatory approval for a U.S. financial services company coincides with tension between Beijing and Washington, increased by the COVID-19 pandemic and China's move to impose security legislation on Hong Kong. JPMorgan reportedly sought full control of its China futures joint venture last December as Beijing moved to scrap caps on foreign ownership.
Several U.S. banks are closing branches and offices early on Friday to observe the Juneteenth holiday, which commemorates the day in 1865 when the last group of enslaved African Americans learned slavery was abolished. Capital One Financial Corp <COF.N>, Fifth Third Bancorp <FITB.O> and PNC Financial Services Group <PNC.N> will close branches at 2 p.m. local time.
The Federal Reserve could increase projected stress-test losses in an adverse scenario, forcing banks to increase their stress capital buffer.
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") declared dividends on the outstanding shares of the Firm’s Series I, R, S, Z, FF and HH preferred stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.
Other JPMorgan departments are still finalizing strategies for bringing employees back, Bloomberg reported earlier on Monday. Several Wall Street banks, including Goldman Sachs Group Inc <GS.N> and Citigroup <C.N>, will start returning more staff to their New York offices in the coming weeks.
For the big bank's clients, the need to hold onto a sizable collection of paper receipts will soon be a thing of the past.
Today, Chase Freedom announced new rotating quarterly categories for Q3 2020: Amazon.com and Whole Foods Market. This quarter’s categories offer broad earning potential for cardmembers and allow them to maximize their spending on timely and essential purchases. The quarterly categories allow cardmembers to earn 5% cash back on up to $1,500 in combined purchases in these categories from July 1 through September 30.
JPMorgan Chase and The Prince’s Trust today announce the transformation of a pre-employment healthcare programme to rapidly place young people into clinical and non-clinical roles in the health and social care sector. Traditionally delivered face-to-face, JPMorgan Chase’s financial support of £540,000 will help deliver the Get Started with Health and Social Care programme online.