Financial writer discusses JPMorgan Chase's strong results, Federal Reserve policies, and how they impact future banking stock performance.
Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to find new ways to tack on even more size. For any company to be the basis for a life-changing investment, it must be able to firmly outpace the mere rising tide of inflation and population growth.
JPMorgan Chase reported fourth-quarter earnings before the opening bell Wednesday. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: $4.
JPMorgan Chase says the dollar's strength may persist this year as the firm expects the US economy to outperform other developed markets.
The largest American lender, JPMorgan JPM, announced fourth-quarter and full-year 2024 results on Jan. 15, before the opening bell. The company’s quarterly top and bottom-line numbers easily outpaced the Zacks Consensus Estimate.
JPMorgan Chase & Co. said it expects its 2025 net interest income to fall to about $90 billion excluding markets from its reported 2024 level of $92.4 billion. The bank said lower interest rates following cuts the U.
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn.
Few investors would argue that JPMorgan Chase (NYSE ... More to the point, they're not sustainable. The U.S. Federal Reserve says it's likely done with its streak of rate hikes, in fact, with ...