MARKET COMPOSITE
JPM - JPMorgan Chase & Co.8:00:02 PM 4/25/2024
Price
$193.37
+ 0.29 (0.15%)
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the seventh largest bank in the world by total assets, with total assets of US$3.213 trillion. It is also the world's most valuable bank by market capitalization. JPMorgan Chase is incorporated in Delaware. As a "Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand, is used by the investment banking, asset management, private banking, private wealth management, and treasury services divisions. Fiduciary activity within private banking and private wealth management is done under the aegis of JPMorgan Chase Bank, N.A.—the actual trustee. The Chase brand is used for credit card services in the United States and Canada, the bank's retail banking activities in the United States, and commercial banking. Both the retail and commercial bank and the bank's corporate headquarters are currently located at 383 Madison Avenue in Midtown Manhattan, New York City, while the prior headquarters building directly across the street, 270 Park Avenue, is demolished and replaced with a new building. The current company was originally known as Chemical Bank, which acquired Chase Manhattan and assumed that company's name. The present company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co. In October 2020 JPMorgan Chase declared that it begun to work on achieving carbon neutrality by 2050.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue38.6B-3%
Operating Income11.3B-32%
Operating Expenses24.5B+13%
Net Income9.3B-29%
Compensation11.8B+1%
Technology2.4B+1%
Professional Service2.6B-1%
Provision2.8B+100%
Interest Expense23.3B+7%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    In this piece, we will take a look at the 20 most profitable banks in the US in 2024. If you want to skip our coverage of the latest news in the US banking industry, then you can take a look at the 5 Most Profitable Banks in the US in 2024. The US banking […]

    The ongoing legal battle between state-owned VTB Bank and the largest U.S. bank revolves around funds frozen in the wake of Russia’s invasion of Ukraine and subsequent sanctions.

    Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. The JPMorgan Chase CEO sits down with WSJ Editor in Chief Emma Tucker. Photo: Adam Falk

    (Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeting With the UAE’s $1.5 Trillion

    Russia's second-largest bank VTB reported a 17% drop in first-quarter net profit to 122.4 billion roubles ($1.33 billion), CFO Dmitry Pyanov said, but expects to make record profits in 2024 as net fee and commission income continues growing. VTB made a record 432.2 billion roubles in 2023, rebounding from a sanctions-induced loss of 667.5 billion roubles the year before, but still expects to surpass that total in 2024.

    JPMorgan has branched out into Glasgow.

    Sector Update: Financial Stocks Retreat Wednesday Afternoon

    JPMorgan Funds Seized in Russia in Legal Fight with State-Owned Bank Over Sanctions

    David Solomon defeated a proposal seeking to separate his roles as CEO and chairman of Goldman Sachs, but the measure received double the support it did in 2023.

    (Bloomberg) -- A JPMorgan Chase & Co. indicator is flashing a resounding buy signal in US stocks, after it hit a threshold that typically precedes better-than-average gains.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs Calm Fears