$534.98
Fair Price Index
The fair price of a share represents the true value of the company's share based on its financial condition and performance. Unlike the current market price, which can fluctuate depending on the mood of the market, the fair price provides us with a better understanding of whether the share is truly advantageous.
JPMorgan Chase & Co. is one of the largest financial institutions in the world, headquartered in New York City. The firm is known for the banking, investment and financial services it provides globally.
The stock is up 17% YTD. Today, the stock is trading at around $201. Analysts have a 12-month price target set at around $224.
📊 US banks under pressure: Recession fears shake the market!📉
US bank stocks are losing ground, a direct result of growing fears of a possible recession. Investors are turning to safer assets, fleeing a sector that is closely linked to the state of the economy.
Citigroup $C, along with Wells Fargo $WFC, recorded the biggest loss over the past five daysby more than 13 %, followe... Read more
All I have from the US is $BAC. If one buys shares of those big banks, I don't think one has much to worry about. I would be much more afraid of the small ones.
This positive $JPM stock news is available only to Bulios Black members.
📊✨ Today's results for Citigroup, JPMorgan Chase and Wells Fargo for Q2 2024!
Citigroup $C Released financial results for Q2 2024. Net income reached $3.2 billion ($1.52 per share) on revenue of $20.1 billion. By comparison, in Q2 2023 , net profit was $2.9 billion ($1.33 per share) on revenue of$19.4 billion. This growth was supported by strong performance across the US banking... Read more
Earnings season starts again this week and as usual the biggest banking houses in the USA along with PepsiCo. Here is a summary of the interesting events that are coming up and that may influence the markets.
👨⚖️Tuesday: Chairman Fed Chairman Jerome Powell will be speaking before Congress on the state of the economy and monetary policy. Key... Read more
Again a great summary and opinion on the banks, I think they will be good numbers too, after all they are benefiting from ever higher rates. I hold $JPM long term and am very happy, I have nice numbers there and will continue to hold, I don't expect a drop.
📊 What is the current state of the financial market? JPMorgan's Jamie Dimon shares his thoughts and concerns in his recent letter to shareholders. 🏦
🔍 Dimon highlights the risks associated with inflation and interest rates that could be higher than markets expect. Global events are impacting markets around the world. 🌍
💼 Big government spending, efforts by the Federal Reserve to... Read more
📈 This week we have several key events that may affect the markets! 🌍
Here's my list of highlights and events I'm waiting for. The most important, however, is the start of the next earnings season, which is traditionally kicked off by the biggest banking houses in America.
The start of the week won't be very interesting, but things will get going onWednesday . In the US , we'll... Read more
U.S. bank JPMorgan $JPM reported fourth-quarter fiscal 2023 net income per share of $3.04. It then generated record earnings per share of $16.23 for the full year. Historically, it was the most profitable year for $JPM, with the bank making a profit of $49.6 billion. Will this year be even better for me?
💼💹 Bank JPMorgan $JPMusalong with other US banks today announced results for 4Q 2023. For the quarter, it reported net income of $9.3 billion ($3.04 per share). For the full year, net income is $49.6 billion ($16.23 per share). That's a decent chunk of change, which is part of why it's the largest bank in the US. Buoyed by better lending margins and the acquisition of failed... Read more
Shares of US banks have been rising solidly recently. Shares of $BAC are up about 12% over the past month and shares of $JPM are up about 9%. I've been buying quite a bit of $BAC stock around the $28 price and the current growth and appreciation obviously makes me happy.
Which bank stocks do you have in your portfolio and what is the appreciation on them?
What is your favourite stock from the banking sector? As far as I can see, the best known stocks like $BAC or $C are trading well below their highs. Compared to $JPM, which is holding up relatively well. Which player in this sector is your favorite?
Banks are a wonderful business. My portfolio includes $BAC, $KOMB.PR and Erste.