JPMorgan Chase & Co. (JPM.MX)
| Previous close | 3,570.20 |
| Open | 3,607.00 |
| Bid | 3,611.01 x 500000 |
| Ask | 3,639.99 x 500000 |
| Day's range | 3,600.00 - 3,619.90 |
| 52-week range | 2,360.00 - 3,686.50 |
| Volume | |
| Avg. volume | 3,399 |
| Market cap | 10.396T |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | 11.86 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 76.44 (2.14%) |
| Ex-dividend date | 05 July 2024 |
| 1y target est | N/A |
- Yahoo Finance
Wall Street is divided over the rise of private credit
The Wall Street debate about the rise of private credit is getting louder, with major figures from the biggest financial institutions disagreeing about risks and opportunities.
- Simply Wall St.
JPMorgan Chase (NYSE:JPM) Will Pay A Dividend Of $1.15
JPMorgan Chase & Co. ( NYSE:JPM ) has announced that it will pay a dividend of $1.15 per share on the 31st of July...
- Yahoo Finance Video
Quality, scale matter most in banking sector: Portfolio manager
During Federal Reserve Chair Jerome Powell's latest press conference, he was bullish on the banking industry despite the prevailing high interest rate environment. To discuss their outlook on the banking sector, Zacks Investment Management Client Portfolio Manager Brian Mulberry and Whalen Global Advisors Chairman Chris Whalen join Market Domination. Mulberry notes that there hasn't been "another wave of bank failures," attributing previous failures to poor management and "overexposure to bad assets." However, he acknowledges that banks have rebounded, gained more liquidity, and strengthened their structures. Looking ahead, Mulberry emphasizes that quality and scale "will matter the most" for banks moving forward. On the other hand, Whalen advises looking at "the banks that actually perform well." Whalen expresses skepticism about the commercial banking sector's ability to achieve a soft landing scenario under the current high interest rate environment, citing "a horrific destruction of value." However, he suggests that the consumer side of banking remains relatively resilient. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
