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First National Bank of Hutchinson increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 16.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 15,641 shares of the financial services provider’s stock after purchasing an additional 2,206 shares during the period. JPMorgan Chase & Co. accounts for 2.8% of First National Bank of Hutchinson’s investment portfolio, making the stock its 10th largest position. First National Bank of Hutchinson’s holdings in JPMorgan Chase & Co. were worth $5,120,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Timmons Wealth Management LLC purchased a new stake in JPMorgan Chase & Co. during the fourth quarter valued at about $27,000. MBM Wealth Consultants LLC purchased a new stake in JPMorgan Chase & Co. during the 1st quarter valued at $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $32,000. Aventus Investment Advisors Inc. bought a new position in JPMorgan Chase & Co. in the second quarter worth approximately $33,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Trading Down 1.1% JPM opened at $358.21 on Friday. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The business has a fifty day simple moving average of $349.89 and a 200-day simple moving average of $320.44. The firm has a market cap of $952.19 billion, a P/E ratio of 15.35, a P/E/G ratio of 1.49 and a beta of 0.98. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping the consensus estimate of $5.59 by $0.55. The company had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.JPMorgan Chase & Co.’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.96 EPS. On average, equities analysts expect that JPMorgan Chase & Co. will post 24.28 earnings per share for the current year. Insiders Place Their Bets In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the transaction, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the sale, the general counsel owned 40,961 shares of the company’s stock, valued at approximately $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Analyst Ratings Changes Several research firms recently weighed in on JPM. Truist Financial increased their price target on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a report on Wednesday, July 15th. Morgan Stanley reaffirmed a “positive” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 15th. Zacks Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Jefferies Financial Group set a $350.00 target price on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Finally, Weiss Ratings upgraded JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $359.96.

Get Our Latest Research Report on JPM

Key JPMorgan Chase & Co. News Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: Hiring strengthens JPMorgan’s healthcare investment-banking franchise. The bank reportedly hired senior healthcare banker David Blais from Guggenheim Securities, adding industry expertise and potentially supporting advisory and capital-markets revenue. JPMorgan hires healthcare banker David Blais from Guggenheim Positive Sentiment: Persistent inflation could keep interest rates elevated. JPMorgan and BNP Paribas now expect another European Central Bank rate increase in December. Higher rates can support net interest income, although they may also weigh on loan demand and markets activity. JPMorgan and BNP Paribas expect ECB rate hike Neutral Sentiment: JPMorgan’s rate outlook conflicts with market pricing. A senior JPMorgan strategist expects no U.S. rate increase for the remainder of the year, while futures markets reportedly assign meaningful odds to a hike. The disagreement increases uncertainty around bank valuations, bond trading and interest income. No increase in interest rates anytime this year Neutral Sentiment: A strong labor market is a mixed development. Reports of 162,000 new jobs may support loan demand and interest income, but they also raise the possibility of higher-for-longer rates, increased credit costs and valuation pressure for financial stocks. JPMorgan falls even as 162,000 jobs revive higher rates Negative Sentiment: Reduced financing for Jane Street highlights competitive pressure. JPMorgan reportedly scaled back financing to the quantitative trading firm as Jane Street expands in U.S. Treasury market-making, underscoring competition from nonbank firms in fixed-income markets. JPMorgan scales back Jane Street financing Negative Sentiment: Legal exposure remains an overhang. JPMorgan is seeking to stay a $20 million fee order related to the Javice litigation, keeping attention on litigation costs and reputational risk. JPMorgan seeks stay of $20M Javice, Amar fee order JPMorgan Chase & Co. Company Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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Jennison Associates LLC decreased its position in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 12.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,213,493 shares of the financial services provider’s stock after selling 170,155 shares during the quarter. Jennison Associates LLC’s holdings in JPMorgan Chase & Co. were worth $397,213,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Timmons Wealth Management LLC purchased a new position in JPMorgan Chase & Co. in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at about $32,000. MBM Wealth Consultants LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 1st quarter valued at about $29,000. Aventus Investment Advisors Inc. purchased a new position in shares of JPMorgan Chase & Co. in the 2nd quarter valued at about $33,000. Finally, Osbon Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $35,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In A number of brokerages have issued reports on JPM. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. The Goldman Sachs Group restated a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Truist Financial upped their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. Morgan Stanley reissued a “positive” rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada upped their price target on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $359.96.

View Our Latest Analysis on JPM JPMorgan Chase & Co. Price Performance JPMorgan Chase & Co. stock opened at $362.11 on Friday. The company has a fifty day simple moving average of $349.30 and a 200-day simple moving average of $320.17. The firm has a market capitalization of $962.56 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 1.47 and a beta of 0.98. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. During the same period in the previous year, the business posted $4.96 earnings per share. JPMorgan Chase & Co.’s quarterly revenue was up 27.7% on a year-over-year basis. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 24.28 EPS for the current fiscal year.

Key Headlines Impacting JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: Higher interest-rate expectations and a 10-year Treasury yield near 4.8% are supporting the earnings case for JPMorgan. Recent commentary cited a 10% increase in net interest income to $25.6 billion, making banks more attractive as investors rotate away from some growth stocks. JPMorgan Rises as 10-Year Treasury Yield Hits 4.8% Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks Positive Sentiment: JPMorgan’s market outperformance reflects favorable investor positioning and continued confidence in the bank’s fundamentals following its latest earnings beat, which included stronger-than-expected revenue and earnings growth. JPMorgan Chase & Co. Outperforms Broader Market Positive Sentiment: JPMorgan’s Kinexys blockchain platform is gaining traction in payments and settlement, potentially accelerating fund transfers, strengthening client relationships and creating longer-term payments revenue opportunities. Will Kinexys Fuel JPMorgan’s Next Leg of Payments Growth? Neutral Sentiment: JPMorgan’s strategic rebrand of Campbell Global as J.P. Morgan Natural Capital highlights expansion in forestland and nature-based assets, although the immediate financial effect on JPM shares is likely limited. J.P. Morgan Asset Management Announces Rebrand Negative Sentiment: JPMorgan is seeking a stay of a $20 million fee order connected to the Javice litigation. The legal dispute could create additional costs and reputational risk, although the request itself does not establish a final liability. JPMorgan Seeks Stay of $20M Javice Fee Order Neutral Sentiment: The bank has curtailed financing to Jane Street as the trading firm expands in U.S. Treasury market-making. The move may limit counterparty exposure but also underscores growing competition from non-bank trading firms in fixed income. JPMorgan Curbed Lending to Jane Street Insider Buying and Selling In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the transaction, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel directly owned 40,961 shares in the company, valued at $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

(Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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Key Takeaways JPMorgan's Kinexys has processed more than $4 trillion in transactions since inception.EBANX cut internal fund transfers from more than 24 hours to minutes using Kinexys.JPMorgan's Payments revenue hit a record $10.4 billion in first-half 2026, up 12% year over year. JPMorgan’s (JPM - Free Report) blockchain platform, Kinexys, continues to gain commercial traction, strengthening the company’s push to modernize institutional payments. Growing adoption could complement the bank’s scale in treasury services and support further expansion of its Payments business.

Recently, global payments platform EBANX adopted the Kinexys Blockchain Deposit Account network for internal fund transfers across its global operations. The solution reduced transactions that previously took more than 24 hours to minutes. Faster settlement, combined with greater liquidity visibility and round-the-clock transaction capabilities, can help multinational businesses manage working capital more efficiently.

The development underscores Kinexys’ increasing real-world utility. The platform has processed more than $4 trillion in transactions since inception, indicating that JPMorgan’s blockchain initiatives are moving beyond experimentation toward broader commercial deployment.

For JPMorgan, greater Kinexys adoption could have benefits beyond transaction volumes. Integrating blockchain-based settlement with the company’s extensive payments, cash-management and banking relationships will likely improve client retention and create additional cross-selling opportunities. The platform could also differentiate JPMorgan as companies increasingly demand faster, always-on and more efficient global treasury infrastructure.

This momentum complements an already strong Payments franchise, which generated record revenues of $10.4 billion in the first half of 2026, up 12% year over year. While Kinexys remains small relative to JPMorgan’s overall operations, continued adoption among large institutional clients could reinforce its competitive moat. By combining blockchain capabilities with its global banking network and massive client base, JPMorgan appears well-positioned to convert technological innovation into deeper client relationships and incremental payments growth over time.

What are JPM’s Peers Doing to Expand Payments Business?Two close peers of JPMorgan are Bank of America (BAC - Free Report) and Citigroup (C - Free Report) .

Bank of America is expanding its Payments business through cross-border real-time payments, CashPro enhancements, APIs and AI-driven treasury solutions. Bank of America’s new platform connects global instant-payment networks, offering faster settlement, payment tracking and lower costs, while rising digital adoption supports deeper corporate client relationships and treasury-service revenues.

Citigroup is expanding Payments through 24/7 USD clearing, instant cross-border payments, APIs and Citi Token Services. By integrating blockchain-based tokenized deposits with real-time payment rails and expanding Citi Payments Express across markets, Citigroup aims to deepen corporate relationships, improve liquidity management and capture growing demand for always-on payments.

JPMorgan’s Price Performance, Valuation and EstimatesJPM’s shares have gained 18% over the past three months.

Three-Month Price Performance
 

Image Source: Zacks Investment Research

From a valuation standpoint, JPMorgan trades at a 12-month trailing price-to-tangible book (P/TB) of 3.31X, above the industry average. 

P/TB TTM
 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for JPMorgan's 2026 earnings suggests a 22.6% rise on a year-over-year basis, while 2027 earnings are expected to grow at a rate of 0.3%. In the past month, earnings estimates for 2026 have remained unchanged at $24.93. For 2027, estimates have moved upward to $25.02.

Earnings Estimates
 

Image Source: Zacks Investment Research

JPMorgan currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Elevated Private Wealth LLC bought a new stake in JPMorgan Chase & Co. (NYSE:JPM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,255 shares of the financial services provider’s stock, valued at approximately $1,393,000. JPMorgan Chase & Co. makes up 1.3% of Elevated Private Wealth LLC’s holdings, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new position in JPMorgan Chase & Co. during the fourth quarter worth about $11,396,496,000. Bank of America Corp DE boosted its holdings in JPMorgan Chase & Co. by 15.8% in the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock valued at $19,314,681,000 after purchasing an additional 8,941,351 shares during the last quarter. Cardano Risk Management B.V. grew its stake in shares of JPMorgan Chase & Co. by 889.3% in the 4th quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock valued at $2,794,785,000 after buying an additional 7,796,814 shares during the period. Ascentis Wealth Management LLC grew its stake in shares of JPMorgan Chase & Co. by 32,672.0% in the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock valued at $1,521,126,000 after buying an additional 4,632,891 shares during the period. Finally, American Assets Investment Management LLC increased its holdings in shares of JPMorgan Chase & Co. by 1,172.2% during the 4th quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock worth $728,024,000 after buying an additional 2,081,800 shares during the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Stock Down 0.0% NYSE:JPM opened at $357.54 on Monday. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The stock’s fifty day moving average is $347.44 and its two-hundred day moving average is $318.80. The stock has a market capitalization of $950.41 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.47 and a beta of 0.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The business had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company’s revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the firm posted $4.96 earnings per share. Research analysts anticipate that JPMorgan Chase & Co. will post 24.28 EPS for the current year. Insider Transactions at JPMorgan Chase & Co. In other news, insider Robin Leopold sold 2,500 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the sale, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. This represents a 3.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the transaction, the general counsel directly owned 40,961 shares of the company’s stock, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company’s stock.

Analyst Ratings Changes A number of research firms recently commented on JPM. Bank of America upped their price objective on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Robert W. Baird lifted their target price on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Weiss Ratings lowered JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Finally, Barclays raised their price objective on JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $359.96.

Get Our Latest Analysis on JPMorgan Chase & Co.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan is expanding its retail footprint with a planned branch in the Lake Norman area and a new Frisco, Texas, lease. The moves support long-term deposit gathering, customer acquisition and local commercial-banking growth, although the near-term earnings impact is likely modest. Chase Bank plans to open new branch in Lake Norman JPMorgan Chase plans expansion, signs Frisco lease Positive Sentiment: A new collaboration with Experian will embed account and payee verification into payment workflows. By helping businesses detect incorrect accounts and potential fraud before funds are sent, the service could strengthen JPMorgan’s payments offering and create additional enterprise relationships. Experian and JPMorgan Push Account Checks Into Payment Workflows Positive Sentiment: JPMorgan’s potential stablecoin is viewed as a way to extend its blockchain-payment capabilities, accelerate settlement and deepen institutional digital-finance relationships. The initiative could improve the bank’s competitive position in payments, though commercialization and regulatory execution remain uncertain. Can JPMorgan’s Stablecoin Push Strengthen Its Digital Payments Edge? Neutral Sentiment: Recent comparisons indicate JPMorgan has helped lead gains among diversified banks, with analysts remaining moderately optimistic. That supports sentiment but offers limited new information about earnings or valuation. How Is JPMorgan Chase’s Stock Performance Compared to Other Diversified Bank Stocks Negative Sentiment: Regulatory scrutiny is a key risk. The SEC reportedly subpoenaed JPMorgan and other major banks over margin lending to a hedge fund that suffered a steep drawdown. Separately, a proposed GSIB capital-surcharge revision and a technical funding change could reduce expected capital relief, potentially pressuring returns and buyback capacity. SEC Probe Puts Wall Street Leverage Risk Back in Focus JPMorgan Prices One Fed Formula at 61% of Quarterly Profit JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Recommended Stories Five stocks we like better than JPMorgan Chase & Co. Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against? Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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Compagnie Lombard Odier SCmA raised its stake in JPMorgan Chase & Co. (NYSE:JPM) by 38.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 927,953 shares of the financial services provider’s stock after purchasing an additional 257,250 shares during the period. JPMorgan Chase & Co. accounts for approximately 3.3% of Compagnie Lombard Odier SCmA’s holdings, making the stock its 9th biggest holding. Compagnie Lombard Odier SCmA’s holdings in JPMorgan Chase & Co. were worth $303,747,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JPM. Timmons Wealth Management LLC bought a new position in JPMorgan Chase & Co. during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $32,000. MBM Wealth Consultants LLC acquired a new position in shares of JPMorgan Chase & Co. in the 1st quarter valued at about $29,000. Aventus Investment Advisors Inc. acquired a new position in shares of JPMorgan Chase & Co. in the 2nd quarter valued at about $33,000. Finally, Osbon Capital Management LLC bought a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at about $35,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Price Performance Shares of JPM opened at $357.54 on Friday. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The stock’s fifty day moving average is $347.44 and its 200-day moving average is $318.83. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market capitalization of $950.41 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.46 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. JPMorgan Chase & Co.’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.96 EPS. Equities analysts anticipate that JPMorgan Chase & Co. will post 24.28 EPS for the current year. Analyst Ratings Changes Several equities research analysts recently weighed in on JPM shares. Jefferies Financial Group set a $350.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Robert W. Baird boosted their price objective on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Truist Financial increased their target price on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. Wells Fargo & Company raised their target price on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Finally, Barclays boosted their price target on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $359.96.

Get Our Latest Analysis on JPM

Insider Buying and Selling In related news, General Counsel Stacey Friedman sold 5,467 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the sale, the general counsel owned 40,961 shares of the company’s stock, valued at $13,547,031.53. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the sale, the insider owned 73,547 shares of the company’s stock, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by company insiders.

Key JPMorgan Chase & Co. News Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan is expanding its retail footprint with a planned branch in the Lake Norman area and a new Frisco, Texas, lease. The moves support long-term deposit gathering, customer acquisition and local commercial-banking growth, although the near-term earnings impact is likely modest. Chase Bank plans to open new branch in Lake Norman JPMorgan Chase plans expansion, signs Frisco lease Positive Sentiment: A new collaboration with Experian will embed account and payee verification into payment workflows. By helping businesses detect incorrect accounts and potential fraud before funds are sent, the service could strengthen JPMorgan’s payments offering and create additional enterprise relationships. Experian and JPMorgan Push Account Checks Into Payment Workflows Positive Sentiment: JPMorgan’s potential stablecoin is viewed as a way to extend its blockchain-payment capabilities, accelerate settlement and deepen institutional digital-finance relationships. The initiative could improve the bank’s competitive position in payments, though commercialization and regulatory execution remain uncertain. Can JPMorgan’s Stablecoin Push Strengthen Its Digital Payments Edge? Neutral Sentiment: Recent comparisons indicate JPMorgan has helped lead gains among diversified banks, with analysts remaining moderately optimistic. That supports sentiment but offers limited new information about earnings or valuation. How Is JPMorgan Chase’s Stock Performance Compared to Other Diversified Bank Stocks Negative Sentiment: Regulatory scrutiny is a key risk. The SEC reportedly subpoenaed JPMorgan and other major banks over margin lending to a hedge fund that suffered a steep drawdown. Separately, a proposed GSIB capital-surcharge revision and a technical funding change could reduce expected capital relief, potentially pressuring returns and buyback capacity. SEC Probe Puts Wall Street Leverage Risk Back in Focus JPMorgan Prices One Fed Formula at 61% of Quarterly Profit (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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JPMorgan Chase
JPM +1.37% 84

, America's largest bank by assets, jumped approximately 0.9% to $354.84 Monday afternoon as financial stocks carried the Dow while technology shares cracked. Lower long-term Treasury yields also took some heat off bond portfolios and borrowing conditions.

The bank's engine is firing on every cylinder. Second-quarter net income reached $21.2 billion on $58 billion of managed revenue. Markets revenue ripped 35% higher to $12.1 billion, powered by an 86% explosion in equity-markets revenue to $6 billion. Net interest income climbed another 10% to $25.6 billion.

That is the JPMorgan advantage: chaos can become revenue. Trading desks feast on volatility, deposits provide cheap funding and lending keeps the cash machine running. But investors are already paying for that firepower. The $354.84 share price stands 12.98% above the $314.07 GF Value™ estimate, while the stock trades near 15 times earnings. JPMorgan may be the strongest house on the banking block, but this price leaves little room for a cracked consumer, stalled dealmaking or an earnings stumble.

Check the Warning Signs for

JPM

now!

JPMorgan’s (JPM - Free Report) trading business delivered a standout second-quarter 2026 performance. Markets revenues jumped 35% year over year as elevated client activity, strong trading results and continued demand for equity financing boosted results.

The strength was led by Equity Markets revenues, which surged 86% from the prior-year quarter to $6 billion. Fixed Income Markets revenues increased at a modest 6% to $6.1 billion. The sharp equity gain highlights JPMorgan’s ability to capitalize on stronger client engagement, financing demand and favorable market conditions. Overall, the performance helped Commercial & Investment Bank (CIB) revenues rise 27%, while the division generated a 22% return on equity.

The key question is whether this pace of growth can continue. Management described the second quarter as benefiting from a particularly favorable environment and elevated market activity. That suggests year-over-year comparisons could become tougher if volatility moderates or client trading activity normalizes. An 86% increase in equities, in particular, is unlikely to represent a sustainable quarterly growth rate.

Still, JPM remains well-positioned to benefit from active capital markets. Its scale, broad client franchise and continued demand for financing can support trading revenues even if growth slows from the second-quarter pace. Improving investment banking activity will provide another source of momentum for the CIB.

The strong trading performance enhances JPMorgan’s near-term earnings outlook. Although the extraordinary pace of equity revenue growth is unlikely to be sustained, robust client engagement and financing demand will keep Markets revenues healthy through the rest of 2026 while further strengthening JPMorgan’s diversified fee income-based earnings stream.

How Did JPM’s Peers Fare in Terms of Trading Business in Q2?Two major peers of JPMorgan are Morgan Stanley (MS - Free Report) and Goldman Sachs (GS - Free Report) .

Morgan Stanley’s second-quarter 2026 trading performance was strong, supported by active markets and robust client engagement. Equity revenues surged 69% year over year to $6.3 billion, while Fixed Income revenues increased 13% to $2.46 billion. This reflects broad-based momentum across Morgan Stanley’s Institutional Securities franchise.

Goldman’s second-quarter 2026 trading performance was robust. Equities revenues jumped 72% year over year to a record $7.42 billion, driven by derivatives, cash products and prime financing. Goldman’s fixed income revenues rose 32% to $4.59 billion, benefiting from strength in rates, commodities, mortgages and record FICC financing.

JPMorgan’s Price Performance, Valuation and EstimatesJPM’s shares have gained 18.1% over the past six months.

Image Source: Zacks Investment Research

From a valuation standpoint, JPMorgan trades at a 12-month trailing price-to-tangible book (P/TB) of 3.27X, above the industry average. 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for JPMorgan's 2026 earnings suggests a 22.6% rise on a year-over-year basis, while 2027 earnings are expected to grow at a rate of 0.3%. In the past month, earnings estimates for 2026 and 2027 have moved upward to $24.93 and $25.02, respectively.

Image Source: Zacks Investment Research

JPMorgan currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

JPMorgan Chase
JPM -1.65% 81

, America's largest bank by assets, dropped roughly 1.7% to $357.09 Wednesday as Treasury yields finally cracked after their brutal run higher. The 30-year yield had just hit its highest level since 2007 before retreating as the Treasury moved to expand liquidity-support buybacks. That reversal took some heat out of the rate trade and put banks on the back foot, even as the broader market recovered.

But JPMorgan's business is doing anything but cooling. Second-quarter results delivered $21.2 billion of reported net income, or $7.70 per share, while profit excluding significant items hit $16.9 billion. And the real punch came from Wall Street. Investment-banking fees jumped 30%. Equity-markets revenue ripped 86% higher. Total markets revenue climbed 35%. JPMorgan does not need one perfect rate environment when this many profit engines are firing at once.

The bigger question is price. At $357.09, JPMorgan sits 13.95% above its GF Value™ estimate of $313.38. That is a meaningful premium, and after the stock's monster run, investors are clearly paying up for execution. Wednesday's decline looks more like the market trimming that premium than suddenly questioning the franchise. The business remains powerful. The earnings remain huge. But at nearly 14% above GF Value™, JPMorgan now has to keep delivering numbers big enough to justify the price.

Check the Warning Signs for

JPM

now!

Key Takeaways Six banks agree to an $86.4M settlement over alleged Mexican bond price and allocation coordination.Earlier Barclays and JPMorgan settlements lift potential investor payments to $107.1M before fees.The agreement needs court approval and resolve claims without admissions of alleged manipulation. Mexican banking affiliates of six major global financial institutions have agreed to pay $86.4 million to settle a long-running U.S. antitrust lawsuit alleging manipulation of the Mexican government bond market.

The preliminary settlement involves affiliates of six banks including Bank of America (BAC - Free Report) , Citigroup (C - Free Report) , Deutsche Bank (DB - Free Report) and HSBC Holding plc (HSBC - Free Report) . Filed in Manhattan federal court on Friday, Aug. 14, the agreement would resolve the remaining claims in litigation that has been pending for roughly eight years. The settlement still requires approval from a federal judge. 

Combined with earlier settlements by Barclays and JPMorgan Chase (JPM - Free Report) , the case is expected to produce $107.1 million in total payments before legal fees. Investors alleged that banks coordinated prices and allocations of Mexican sovereign bonds between 2006 and 2017, using trader communications to buy at artificially low prices and sell at inflated prices.

The case includes claims under the Sherman Antitrust Act and common-law unjust enrichment. Plaintiffs' attorneys could seek up to $28.8 million in fees.

Investors Allege Banks Manipulated Mexican Bond PricesThe lawsuit was brought on behalf of investors, including pension funds, that traded Mexican government bonds. Plaintiffs alleged that Bank of America, Citigroup, Deutsche Bank and HSBC participated in a broader scheme to coordinate prices and bond allocations between Jan. 1, 2006, and April 19, 2017. The allegations cited electronic chatroom communications among traders and included claims under the Sherman Antitrust Act and common-law unjust enrichment.

According to investors, traders allegedly coordinated transactions so participating banks could buy bonds at artificially low prices and sell them at inflated prices. The claims cited electronic communications among traders and were brought under the Sherman Antitrust Act and common-law unjust enrichment.

The case gained momentum in February 2024, when the U.S. Court of Appeals for the Second Circuit revived claims against the Mexican bank defendants. A lower court had dismissed the case on personal-jurisdiction grounds, but the appeals court found that investors had sufficiently alleged that the banks conducted business in New York through broker-dealers that sold billions of dollars of Mexican bonds to U.S. investors.

The appellate ruling did not determine whether the manipulation allegations were true. It instead allowed the lawsuit to proceed, paving the way for settlement discussions involving BAC, C, DB and HSBC.

U.S. Lawsuit and Mexican Probe Raise Broader Market ConcernsThe U.S. litigation follows a separate investigation by Mexico's competition regulator, COFECE. In January 2021, the regulator said that it identified 142 illegal agreements involving seven banks and 11 traders in Mexican government-debt transactions between 2010 and 2013.

The Mexican proceeding included several institutions also connected with the U.S. litigation, while Barclays and JPMorgan Chase had already reached earlier settlements in the U.S. case. 

The Mexican regulatory case and the U.S. investor lawsuit are separate proceedings with different periods and legal claims. Still, both increased scrutiny of trading practices in Mexico's sovereign-debt market.

The latest $86.4-million agreement remains subject to court approval. If approved, the agreement would resolve the remaining claims in the litigation. Together with the previous settlements involving Barclays and JPM, investors would secure $107.1 million in total, bringing the long-running antitrust dispute closer to an end.

What $86.4M Mexican Bond Settlement Means for Major BanksThe proposed settlement would remove a long-running legal overhang for Bank of America, Citigroup, Deutsche Bank and HSBC, allowing the banks to resolve the remaining U.S. claims without a trial or admission that the alleged manipulation occurred. Given the size and financial resources of these global banks, the settlement payments are unlikely to have a material effect on their overall capital positions or earnings. However, the agreement highlights the continuing legal, compliance and reputational risks associated with historical trading practices. 

For BAC, C, DB and HSBC, the resolution should modestly reduce litigation uncertainty. Investors are therefore more likely to view the settlement as manageable legal expenses and a reduction in uncertainty rather than a development capable of materially altering the banks' near-term financial outlooks.

Key Takeaways JPMorgan's APAC corporate banking revenues have risen more than 20% in 2026 amid strong regional growth.JPM plans to sustain hiring momentum through 2027, focusing on companies and financial institutions.JPM is expanding trade and working-capital finance as intra-Asia commerce and supply-chain activity grow. JPMorgan Chase & Co.’s (JPM - Free Report) Asia-Pacific corporate banking business continues to grow strongly, with revenues rising more than 20% so far this year, JPMorgan's regional heads, Oliver Brinkmann and Kerwin Clayton, said in an interview with Reuters.

Growing investments and rising intra-Asia trade are creating new opportunities, prompting JPMorgan to sustain its hiring momentum across Asia-Pacific through 2027.

JPMorgan expanded its Asia-Pacific corporate banking workforce by 20% in 2025 and is close to completing another 15% increase this year, Brinkmann and Clayton said. Clayton also mentioned that the bank plans to maintain a similar hiring pace next year to support continued growth across the region.

The hiring will be done to focus on mid-sized and large companies, innovation-economy businesses and financial institutions, including both bank and non-bank financial institutions. This will support JPM's growth across these segments. The continued investment in personnel will expand the company’s corporate banking presence and strengthen client relationships across Asia-Pacific.

JPMorgan Taps AI and Data Center GrowthJPMorgan is seeing increased corporate banking activity across the region, driven by growing investments in AI, data centers and supply-chain infrastructure. The bank is witnessing stronger activity in Taiwan, South Korea, China, Australia, Malaysia and Singapore as companies expand their investments and operations.

These trends are creating additional financing needs while supporting corporate activity and cross-border investment across the region. This is providing further growth opportunities for JPMorgan's corporate banking business.

JPM Expands Trade Finance FocusAlongside these growth areas, JPMorgan is expanding its focus on trade finance and working-capital finance as intra-Asia commerce grows. Rising regional trade and supply-chain activity is driving demand for financing and other banking services, supporting growth in its corporate banking business.

The increased focus is also helping JPMorgan deepen relationships with corporate clients involved in cross-border commerce and capitalize on rising trade activity across Asia.

Our Take on JPMorganJPMorgan's strong Asia-Pacific corporate banking growth highlights the region's increasing importance to its overall business. Continued investments in AI, data centers and supply chains, coupled with rising intra-Asia trade, will support sustained demand for corporate banking services. JPMorgan's continued hiring and focus on trade and working-capital finance should further strengthen its position and support growth across the region through 2027.

Shares of JPMorgan have gained 12.4% so far this year, outperforming the industry’s 11.7% increase.

Image Source: Zacks Investment Research

At present, JPMorgan carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Business Restructuring Initiatives Undertaken by JPM’s PeersRecently, Wells Fargo (WFC - Free Report) and The Bank of New York Mellon (BNY - Free Report) have expanded beyond traditional crypto services into blockchain-based financial solutions.

Wells Fargo is developing tokenized deposits for real-time on-chain payments and settlements, while BNY is partnering with Galaxy Digital to add staking to its Digital Asset Custody platform. These initiatives could help both banks broaden fee-generating opportunities, strengthen client relationships, and capitalize on rising institutional demand for digital assets.

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Jamie Dimon said companies are mindful of their token and data center spending. SAUL LOEB / AFP via Getty Images Jamie Dimon is optimistic that the country's AI spending will pay off.

The JPMorgan CEO told CNBC's Leslie Picker in a video interview that aired on Wednesday that he believes the billions pouring into AI infrastructure will ultimately prove worthwhile.

"In my own view, and I may be wrong, it'll ultimately play out and pay out," Dimon said. "These people are doing real calculations about what's needed. They see what it costs to do the frontier models. They see what it costs to do inferencing. The need is going up dramatically."

He said that AI spending is also driving the American economy, "because the increase alone is 1% of GDP, and next year it's going to be another 1% of GDP increase."

"You've got to get steel and cement and all these things to build the data centers," he added.

When asked about whether a cooling AI market would be a threat to the nation's economy, Dimon said that while there are "a lot of things to worry about," this specific scenario is "not high on the list."

JPMorgan has poured significant capital into tech and AI projects this year, with Dimon saying on a January earnings call that he didn't want the bank to fall behind other Wall Street rivals and fintech companies.

"We are going to stay out front, so help us God," he said in response to a question about the bank's spending from Wells Fargo analyst Mike Mayo.

The bank then announced in February that it was planning to boost its technology budget to $19.8 billion this year, which included investments in some AI projects.

Since then, the company has pushed its engineers to use AI more, tracking their usage on internal dashboards. Business Insider saw screenshots of some of these tracking systems and spoke to current and former developers, most of whom were worried about being labeled as underperformers if their AI use didn't increase.

During a second-quarter earnings call in July, Dimon said that AI has led to as much as a 40% reduction in jobs in some areas of the firm, but that it wouldn't suddenly shrink its operational budget.

But that's not to say he hasn't been skeptical about high AI spending, particularly in recent months, as the tokenmaxxing trend has been on the decline. In July, the executive said during a CNBC appearance that companies need to be rational about AI spending, "like any other resource we use."

The company's AI leadership is also undergoing a reset following the July announcement by its AI chief, Teresa Heitsenrether, that she would retire after four decades at the bank.

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JPMorgan AI Technology More

CEO and Chairman of JPMorgan Chase Jamie Dimon speaks at the Pennsylvania Defense and Innovation Summit at the United States Army War College in Carlisle, Pennsylvania, U.S., July 15, 2026.... Purchase Licensing Rights, opens new tab Read more

SummaryCompaniesJPMorgan expands critical infrastructure group to increase focus on AI risksMore than 40 firms approached on initiativeAI threats spur new cross-industry collaborationNEW YORK, Aug 5 (Reuters) - JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon is urging corporate leaders to join a U.S.-focused industry group to address risks posed by ​AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said.

Dimon has personally reached out ‌to CEOs of other large and major regional banks and IT companies to enlist them in the initiative, which he is expanding from a group that JPM helped found called the Alliance for Critical Infrastructure, the sources said.

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The ACI and Dimon have also communicated with other prospective members in an effort to schedule calls in August ​to discuss collaboration, the sources said.

The outreach, which started in July, includes over 40 companies spanning financial services, energy, water, utilities, ​telecommunications, airlines, railroads and other critical infrastructure industries that rely heavily on technology, the sources said. The ACI has ⁠not disclosed results of the effort so far.

Dimon's views on the economy, regulation and technology are closely followed. As head of the largest ​U.S. bank, he has been among a small group of CEOs publicly warning about the risks posed by advanced AI systems.

AI RISKS AND SAFEGUARDSThe initiative ​aims to develop a shared understanding of how AI is being used, the risks it poses and the safeguards needed, and to work with the Trump administration on those issues, the sources said. Recent cyberattacks on water systems in Minnesota and other states have increased the need for more information sharing across industries, the sources said.

JPMorgan ​was a founding member of the ACI, opens new tab alongside Mastercard, Berkshire Hathaway Energy and others. The organization was created to coordinate cross-sector resilience planning, share information, ​and respond to critical infrastructure threats, including cyber, physical, and geopolitical risk. The group has a team that is also involved in refocusing the ACI and building ‌up the ⁠AI effort.

Dimon said in a statement that the ACI leadership had seen the need to prioritize AI "years ago and got critical infrastructure companies working together."

"We are proud to support this important work," Dimon said.

The ACI said in a statement that "at a time of growing cyber threats, protecting the systems Americans rely on every day requires strong collaboration between government and critical infrastructure companies."

Mastercard and Berkshire did not respond to requests for comment.

The ACI ​would serve as an industry response ​and information-sharing forum, with an intent ⁠to work with government officials to identify core AI and technology risks, share information and help solve problems as they emerge, the sources said.

The group aims to have the revamped ACI fully functional by year-end, one ​of the sources said.

INDUSTRY, GOVERNMENT EFFORTSAI concerns have grown rapidly as businesses race to deploy the technology, ​with regulators and industry ⁠leaders warning that AI could also increase cyberattacks and create new vulnerabilities across critical infrastructure and financial systems.

Dimon has warned about the risks posed by Anthropic's Mythos AI model, underscoring that access to advanced AI capabilities must be controlled. He said in July that "you're giving ballistic missiles to individuals with Mythos." The ⁠ACI effort ​is separate from an industry effort by banks to test Mythos.

The U.S. government has stepped up ​coordination with industry to manage risks from increasingly powerful AI systems. In July, it launched the Gold Eagle initiative, bringing together AI developers, critical infrastructure operators and federal agencies to ​share information on vulnerabilities discovered by advanced AI models and coordinate fixes.

Reporting by Nupur Anand in New York, editing by Megan Davies and Rod Nickel

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Nupur Anand is a U.S. banking correspondent at Reuters in New York. She focuses on JPMorgan Chase, Wells Fargo and regional banks. Anand covered banking and finance in India for more than a decade, chronicling the collapse of major lenders and turmoil at digital banks and cryptocurrencies. She has a degree in English literature from Delhi University and a postgraduate diploma in journalism from the Indian Institute of Journalism & New Media in Bangalore. Anand is also an award-winning fiction writer.

Farmers National Bank grew its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 2.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,029 shares of the financial services provider’s stock after buying an additional 1,813 shares during the period. JPMorgan Chase & Co. makes up 4.2% of Farmers National Bank’s portfolio, making the stock its 4th largest holding. Farmers National Bank’s holdings in JPMorgan Chase & Co. were worth $19,129,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Fidelis Capital Partners LLC boosted its holdings in JPMorgan Chase & Co. by 7.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after acquiring an additional 5,101 shares during the period. Howard Capital Management Inc. increased its stake in JPMorgan Chase & Co. by 18.2% in the fourth quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock worth $8,308,000 after purchasing an additional 3,976 shares during the period. Newbridge Financial Services Group Inc. increased its stake in JPMorgan Chase & Co. by 51.7% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock worth $2,862,000 after purchasing an additional 3,027 shares during the period. Brighton Jones LLC lifted its position in shares of JPMorgan Chase & Co. by 11.0% during the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after purchasing an additional 4,841 shares during the last quarter. Finally, KTF Investments LLC bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $6,449,000. 71.55% of the stock is currently owned by institutional investors.

JPMorgan Chase & Co. Stock Performance Shares of JPMorgan Chase & Co. stock opened at $352.18 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The stock’s fifty day moving average price is $328.81 and its 200-day moving average price is $311.79. The firm has a market cap of $943.68 billion, a P/E ratio of 15.09, a P/E/G ratio of 1.45 and a beta of 0.99. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $359.30.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. During the same period in the prior year, the firm earned $4.96 earnings per share. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. On average, equities research analysts expect that JPMorgan Chase & Co. will post 24.27 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio is presently 25.71%.

Analyst Ratings Changes A number of analysts have recently issued reports on JPM shares. Truist Financial boosted their target price on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research note on Wednesday, July 15th. Wells Fargo & Company lifted their price objective on shares of JPMorgan Chase & Co. from $360.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Royal Bank Of Canada boosted their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Argus boosted their price objective on shares of JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Zacks Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $358.67.

Check Out Our Latest Stock Report on JPM

Insider Activity In other news, COO Jennifer Piepszak sold 4,919 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total transaction of $1,522,036.98. Following the transaction, the chief operating officer directly owned 85,082 shares in the company, valued at approximately $26,326,072.44. This trade represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the completion of the transaction, the chief financial officer directly owned 32,438 shares of the company’s stock, valued at $10,036,641.58. This trade represents a 8.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 18,876 shares of company stock worth $5,907,051. Corporate insiders own 0.41% of the company’s stock.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: New ETF expands fee-generating asset-management platform: J.P. Morgan Asset Management launched the actively managed JPMorgan U.S. Large Cap Value Plus ETF (JLVP), its first ETF using a long/short extension strategy. The product gives retail investors access to the firm’s value-investing research and could support long-term asset-gathering and fee revenue. J.P. Morgan Asset Management Launches JLVP Positive Sentiment: Analyst earnings outlook improved: Erste Group Bank raised its FY2026 EPS forecast for JPMorgan to $24.90 from $22.76, above the $24.27 consensus estimate. The revision reinforces confidence in JPMorgan’s diversified revenue base and earnings momentum. Erste Group raises JPMorgan earnings estimate Positive Sentiment: Higher-for-longer rates may support net interest income: Analysis of the Federal Reserve’s hawkish pause highlighted JPMorgan’s rising 2026 net-interest-income outlook, strong capital position and diversified businesses as potential advantages if rates remain elevated. Fed’s hawkish pause analysis Neutral Sentiment: JPMorgan is leading the arranger group for CoreWeave’s $2.6 billion first-lien term loan. The transaction should generate underwriting fees, but the wider-than-initially marketed pricing reflects elevated borrower risk and does not materially change JPMorgan’s investment case. CoreWeave completes term loan Neutral Sentiment: A correction lowered previously reported cash distributions for two Canadian-listed JPMorgan ETFs. The change affects fund investors more directly than JPMorgan’s corporate earnings. JPMorgan ETF distribution correction Negative Sentiment: Dimon’s warnings that investors should prepare for volatility and avoid certain low-yield investments may reinforce concerns that markets and bank valuations face macroeconomic risks. Jamie Dimon investor warning Negative Sentiment: Coverage of JPMorgan’s involvement in FIFA’s plans to raise billions has triggered another football-related backlash, creating a reputational risk even though the direct financial impact is unclear. JPMorgan and FIFA controversy JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Read More Five stocks we like better than JPMorgan Chase & Co. 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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Argent Capital Management LLC trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 9.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,904 shares of the financial services provider’s stock after selling 21,859 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.9% of Argent Capital Management LLC’s portfolio, making the stock its 15th biggest position. Argent Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $60,275,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Timmons Wealth Management LLC acquired a new stake in JPMorgan Chase & Co. in the fourth quarter valued at $27,000. MBM Wealth Consultants LLC acquired a new position in shares of JPMorgan Chase & Co. during the 1st quarter worth $29,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth $32,000. Osbon Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $35,000. Finally, Turning Point Benefit Group Inc. purchased a new position in shares of JPMorgan Chase & Co. in the 3rd quarter valued at about $35,000. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes Several equities research analysts have recently commented on JPM shares. Autonomous Res decreased their price target on JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a research note on Monday, April 6th. Keefe, Bruyette & Woods raised their price objective on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Monday, July 20th. UBS Group lifted their target price on shares of JPMorgan Chase & Co. from $375.00 to $384.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $358.67.

View Our Latest Stock Report on JPM

JPMorgan Chase & Co. Stock Performance Shares of JPMorgan Chase & Co. stock opened at $352.18 on Friday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.85. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $359.30. The firm’s 50-day simple moving average is $328.81 and its 200-day simple moving average is $311.88. The firm has a market cap of $943.68 billion, a PE ratio of 15.09, a price-to-earnings-growth ratio of 1.44 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.96 earnings per share. Equities analysts forecast that JPMorgan Chase & Co. will post 24.27 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were issued a $1.50 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.71%.

Insider Buying and Selling at JPMorgan Chase & Co. In other news, CFO Jeremy Barnum sold 3,022 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the transaction, the chief financial officer owned 32,438 shares in the company, valued at approximately $10,036,641.58. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total value of $1,641,876.36. Following the completion of the transaction, the general counsel owned 46,428 shares in the company, valued at $13,940,935.56. This represents a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 18,876 shares of company stock valued at $5,907,051. Corporate insiders own 0.41% of the company’s stock.

More JPMorgan Chase & Co. News Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: New ETF expands fee-generating asset-management platform: J.P. Morgan Asset Management launched the actively managed JPMorgan U.S. Large Cap Value Plus ETF (JLVP), its first ETF using a long/short extension strategy. The product gives retail investors access to the firm’s value-investing research and could support long-term asset-gathering and fee revenue. J.P. Morgan Asset Management Launches JLVP Positive Sentiment: Analyst earnings outlook improved: Erste Group Bank raised its FY2026 EPS forecast for JPMorgan to $24.90 from $22.76, above the $24.27 consensus estimate. The revision reinforces confidence in JPMorgan’s diversified revenue base and earnings momentum. Erste Group raises JPMorgan earnings estimate Positive Sentiment: Higher-for-longer rates may support net interest income: Analysis of the Federal Reserve’s hawkish pause highlighted JPMorgan’s rising 2026 net-interest-income outlook, strong capital position and diversified businesses as potential advantages if rates remain elevated. Fed’s hawkish pause analysis Neutral Sentiment: JPMorgan is leading the arranger group for CoreWeave’s $2.6 billion first-lien term loan. The transaction should generate underwriting fees, but the wider-than-initially marketed pricing reflects elevated borrower risk and does not materially change JPMorgan’s investment case. CoreWeave completes term loan Neutral Sentiment: A correction lowered previously reported cash distributions for two Canadian-listed JPMorgan ETFs. The change affects fund investors more directly than JPMorgan’s corporate earnings. JPMorgan ETF distribution correction Negative Sentiment: Dimon’s warnings that investors should prepare for volatility and avoid certain low-yield investments may reinforce concerns that markets and bank valuations face macroeconomic risks. Jamie Dimon investor warning Negative Sentiment: Coverage of JPMorgan’s involvement in FIFA’s plans to raise billions has triggered another football-related backlash, creating a reputational risk even though the direct financial impact is unclear. JPMorgan and FIFA controversy JPMorgan Chase & Co. Company Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Further Reading Five stocks we like better than JPMorgan Chase & Co. Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple’s Record Quarter Could Not Outrun Its Guidance Problem McKesson’s Compounding Keeps Adding Up Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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Arkadios Wealth Advisors increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 5.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 203,911 shares of the financial services provider’s stock after acquiring an additional 11,372 shares during the period. JPMorgan Chase & Co. accounts for about 1.0% of Arkadios Wealth Advisors’ holdings, making the stock its 8th largest position. Arkadios Wealth Advisors’ holdings in JPMorgan Chase & Co. were worth $59,982,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC grew its position in JPMorgan Chase & Co. by 11.0% in the 4th quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after purchasing an additional 4,841 shares during the last quarter. Acorns Advisers LLC raised its stake in shares of JPMorgan Chase & Co. by 6.9% in the first quarter. Acorns Advisers LLC now owns 1,547 shares of the financial services provider’s stock valued at $379,000 after purchasing an additional 100 shares in the last quarter. Ignite Planners LLC raised its stake in shares of JPMorgan Chase & Co. by 0.7% in the second quarter. Ignite Planners LLC now owns 10,934 shares of the financial services provider’s stock valued at $3,185,000 after purchasing an additional 78 shares in the last quarter. Jump Financial LLC bought a new position in JPMorgan Chase & Co. in the second quarter worth $1,475,000. Finally, Betterment LLC lifted its position in JPMorgan Chase & Co. by 27.5% in the second quarter. Betterment LLC now owns 1,970 shares of the financial services provider’s stock worth $571,000 after purchasing an additional 425 shares during the period. 71.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades A number of research analysts have commented on the stock. Daiwa Securities Group cut their price target on shares of JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. The Goldman Sachs Group reiterated a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Evercore reissued an “outperform” rating and issued a $360.00 target price on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Bank of America raised their target price on JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Finally, UBS Group upped their price target on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.67.

Get Our Latest Stock Report on JPMorgan Chase & Co.

Key Stories Impacting JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: Large capital-return program supports the stock. JPMorgan plans to increase its dividend by 10% and authorized a new $50 billion share-repurchase program, supported by record earnings, excess capital and a resilient balance sheet. JPMorgan’s Robust Capital Position Fuels Higher Shareholder Returns Positive Sentiment: Analyst earnings expectations moved higher. Erste Group raised its FY2027 EPS forecast for JPMorgan to $24.86 from $24.00, above the current full-year consensus estimate of $23.97. The upgrade follows JPMorgan’s strong quarterly results, including $6.14 in EPS and $58.02 billion in revenue. JPMorgan EPS Estimate Increase Neutral Sentiment: Recent gains were interrupted. Reports noted that JPMorgan ended a six-session winning streak, suggesting some profit-taking after the stock approached its one-year high. This appears to reflect near-term positioning rather than a deterioration in the bank’s operating results. JPMorgan Snaps Six Straight Sessions of Gains Negative Sentiment: Dimon’s caution is weighing on sentiment. The CEO said he would not currently buy U.S. stocks or long-duration Treasurys because markets may be underpricing geopolitical and economic risks. His warning reinforces concerns that investors have become too comfortable despite elevated valuations. Jamie Dimon Says Market Risks Are Bigger Than Other People Think Negative Sentiment: AI-financing risks are pressuring bank stocks. JPMorgan and other major banks have funded the rapid AI infrastructure buildout, raising concerns about potential credit losses or weaker returns if AI-related valuations and investment plans falter. Worries About AI Drag Bank Stocks Lower JPMorgan Chase & Co. Stock Performance JPM stock opened at $345.49 on Thursday. The company has a 50 day moving average price of $326.95 and a 200 day moving average price of $311.44. The stock has a market capitalization of $925.74 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 1.49 and a beta of 0.99. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $359.30. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.86.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. During the same period last year, the company earned $4.96 earnings per share. The company’s revenue was up 27.7% on a year-over-year basis. Analysts forecast that JPMorgan Chase & Co. will post 23.97 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be given a dividend of $1.50 per share. The ex-dividend date is Monday, July 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. JPMorgan Chase & Co.’s payout ratio is currently 25.71%.

Insider Buying and Selling In related news, COO Jennifer Piepszak sold 4,919 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total transaction of $1,522,036.98. Following the completion of the sale, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at $26,326,072.44. The trade was a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $309.41, for a total transaction of $935,037.02. Following the completion of the transaction, the chief financial officer owned 32,438 shares in the company, valued at $10,036,641.58. This represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,876 shares of company stock valued at $5,907,051 over the last ninety days. Insiders own 0.41% of the company’s stock.

About JPMorgan Chase & Co. (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Featured Articles Five stocks we like better than JPMorgan Chase & Co. Why SK hynix Could Be the Best AI Chip Stock to Buy Now Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead? Why Bloom Energy May Be the Most Important AI Infrastructure Stock Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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The second quarter was a hot one for bank stocks. The largest ones benefited from major investment banking moves, and nearly all of them enjoyed robust consumer activity.

JPMorgan Chase (JPM +0.34%), specifically, had a record quarter across metrics, and its stock is hitting record highs as a result. However, CEO Jamie Dimon warned of several risks in the economy, and smart investors should listen carefully.

Records across the board JPMorgan Chase is the largest bank in the U.S. by far, with more than $4 trillion in assets. Its performance at a given time is a valid reflection of broader economic and banking trends. It's also well diversified between commercial and consumer banking, whereas other banks lean toward one or the other. This gives JPMorgan Chase particular insight into both sides of the banking coin.

JPMorgan Chase CEO Jamie Dimon. Image source: JPMorgan Chase.

In Q2 2026, revenue increased 27% year over year, surpassing expectations, to reach a record $58 billion, and net income was up 41% to $21.2 billion. Both of these figures include "significant items" related to an investment in Visa, without which they would be a lot lower.

The performance was driven by a 45% increase in investment banking revenue. The bank was involved in the Space Exploration Technologies initial public offering, and its equities division profited from a robust bull market. In Q2, the S&P 500 gained almost 15%. However, consumer and community banking revenue was also up a solid 8%.

Is there danger on the horizon? Dimon generally takes a practical approach to growth and doesn't shy away from calling out potential risks. "It's getting close to as good as it gets," he acknowledged. "We just don't know how long it's going to last."

In that vein, he warned of future volatility. "Several risks are shifting below the surface like tectonic plates, including geopolitical tensions and wars, sticky inflation, large global fiscal deficits, and elevated asset prices," he noted in his shareholder's letter.

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While he pointed out that artificial intelligence (AI) spend is driving economic growth, he cautioned about what could happen next. "We cannot predict how these forces will ultimately play out," he said. "They may remain manageable, but they could also cause meaningful disruptions when they shift or collide."

Ultimately, investors should handle this like any other time, since the future is always uncertain. You should be prepared for any eventuality with a well-diversified portfolio of around 50 stocks of all classes and categories. If you anticipate a coming correction, you might want to reshuffle your portfolio to have more safe stocks and dividend stocks, which can provide protection while you gain from growth and AI stocks.

Cannell & Spears LLC trimmed its position in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 4.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,220 shares of the financial services provider’s stock after selling 8,733 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.2% of Cannell & Spears LLC’s holdings, making the stock its 22nd biggest position. Cannell & Spears LLC’s holdings in JPMorgan Chase & Co. were worth $60,023,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Timmons Wealth Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of JPMorgan Chase & Co. in the fourth quarter worth about $32,000. MBM Wealth Consultants LLC purchased a new stake in shares of JPMorgan Chase & Co. in the first quarter worth about $29,000. Osbon Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $35,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in JPMorgan Chase & Co. during the third quarter valued at $35,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Transactions at JPMorgan Chase & Co. In related news, CFO Jeremy Barnum sold 3,022 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the transaction, the chief financial officer owned 32,438 shares in the company, valued at $10,036,641.58. This trade represents a 8.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the sale, the general counsel directly owned 40,961 shares of the company’s stock, valued at approximately $13,547,031.53. This represents a 11.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 18,876 shares of company stock worth $5,907,051. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on JPM shares. HSBC upped their price objective on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Barclays boosted their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Royal Bank Of Canada upped their target price on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Wells Fargo & Company increased their price objective on shares of JPMorgan Chase & Co. from $360.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Finally, Truist Financial raised their price objective on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.67.

Check Out Our Latest Stock Analysis on JPM

JPMorgan Chase & Co. Stock Performance JPM opened at $356.15 on Tuesday. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $359.05. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. The company has a market cap of $954.30 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 1.47 and a beta of 0.99. The firm’s 50-day moving average price is $324.84 and its 200-day moving average price is $311.12.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. JPMorgan Chase & Co.’s revenue was up 27.7% on a year-over-year basis. During the same period last year, the firm posted $4.96 EPS. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 25.71%.

JPMorgan Chase & Co. News Summary Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: Strong earnings momentum: JPMorgan’s record second-quarter performance, including sharply higher earnings and revenue that exceeded analyst expectations, has reinforced investor confidence in its lending, trading and investment-banking operations. JPMorgan and Goldman Posted Record Quarters Positive Sentiment: Rising earnings estimates: Analysts are increasing their profit forecasts for JPMorgan, a trend that can support further near-term gains as investors reassess the bank’s earnings outlook. Earnings Estimates Rising for JPMorgan Chase Positive Sentiment: New payments opportunity: South Korea’s KB Kookmin Bank plans to use JPMorgan’s Kinexys blockchain for cross-border U.S.-dollar payments across 10 countries. The agreement highlights potential growth for JPMorgan’s institutional payments and digital-assets infrastructure. South Korea’s Largest Bank to Launch Payment Service on JPMorgan’s Kinexys Positive Sentiment: AI and efficiency appeal: Analysts continue to view JPMorgan favorably as it applies artificial intelligence to reduce costs and improve productivity, while maintaining strong cash generation and a diversified revenue base. These 3 AI Winners Don’t Sell the Tech—They Use It Neutral Sentiment: CEO Jamie Dimon’s account of his 2020 health crisis is personal and does not materially change JPMorgan’s current earnings or valuation outlook. Jamie Dimon Reveals the Moment He Knew It Might Be Goodbye Negative Sentiment: Risk warnings temper optimism: Dimon cautioned that investors may be underestimating geopolitical, fiscal and valuation risks. Rising consumer credit-card delinquencies and unusually volatile markets also represent potential pressure on future loan quality and results. Jamie Dimon Said Markets Are Underestimating Risks JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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Sometimes events unfold slowly on Wall Street. Other times, events move so quickly that it is like a sudden earthquake, as two tectonic plates lurch past one another. That's the analogy that JPMorgan Chase (JPM +0.95%) CEO Jamie Dimon used to describe the current market and economic environment. How should investors juxtapose that against the giant bank's impressive second-quarter earnings?

JPMorgan Chase had a good quarter In the second quarter of 2026, JPMorgan Chase posted earnings of $7.70 per share. That was up from $5.94 in the first quarter and $5.24 a year earlier. To put percentage numbers on that, earnings rose 30% from the first quarter of 2026 and a huge 47% from the second quarter of 2025. From that top-level view, JPMorgan is doing shockingly well right now.

Image source: JPMorgan Chase

But there are some caveats. For example, the quarter included a one-time benefit of $1.27 per share related to the conversion of Visa (V +1.03%) securities the company owns. The transaction is a bit complex, but the key is that this benefit had nothing to do with JPMorgan Chase's actual business results. Pulling the Visa impact out, earnings would have been $6.43 per share. Still good, but not nearly as good. That's the first grain of salt; the second is CEO Jamie Dimon warning about the future.

Today's Change

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0.95

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353.21

The key is the lofty market The really important aspect of Jamie Dimon's fear is the fact that the market is trading near record highs. In and of itself, however, that's not a problem. However, given the other risks he sees, it sets the stage for a downdraft:

Several risks are shifting below the surface like tectonic plates, including geopolitical tensions and wars, sticky inflation, large global fiscal deficits and elevated asset prices. We cannot predict how these forces will ultimately play out. They may remain manageable, but they could also cause meaningful disruptions when they shift or collide.

Despite the CEO's carefully articulated concerns, consumers appear to be holding up, and investors are enthusiastic about the future, which set the stage for JPMorgan's strong quarter. If nothing changes, the giant bank could continue to post strong results across its various businesses. However, that could also be blinding investors to the very real risks that are taking shape. If the tectonic plates collide, JPMorgan's results could suffer as its customers deal with a recession, a bear market, or worse.

Dimon is telling investors to be ready Jamie Dimon isn't telling investors to run for the hills. After all, the bank, one of the world's largest financial institutions, is doing well right now and will continue to do well so long as current conditions prevail. What the CEO is saying is that investors should temper their enthusiasm with a bit of reality, given the world's current uncertainty. That's good advice, for those willing to listen.

CI Investments Inc. lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 7.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 744,679 shares of the financial services provider’s stock after selling 63,548 shares during the period. JPMorgan Chase & Co. comprises 1.1% of CI Investments Inc.’s portfolio, making the stock its 16th largest holding. CI Investments Inc.’s holdings in JPMorgan Chase & Co. were worth $219,055,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Timmons Wealth Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $27,000. MBM Wealth Consultants LLC purchased a new position in JPMorgan Chase & Co. in the 1st quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd purchased a new position in JPMorgan Chase & Co. in the 4th quarter valued at approximately $32,000. Osbon Capital Management LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth $35,000. Finally, Turning Point Benefit Group Inc. acquired a new position in JPMorgan Chase & Co. during the third quarter worth $35,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at JPMorgan Chase & Co. In related news, CFO Jeremy Barnum sold 3,022 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the transaction, the chief financial officer owned 32,438 shares of the company’s stock, valued at approximately $10,036,641.58. The trade was a 8.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the completion of the transaction, the general counsel owned 46,428 shares in the company, valued at approximately $13,940,935.56. This trade represents a 10.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 18,876 shares of company stock valued at $5,907,051. 0.41% of the stock is owned by insiders.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan continues to draw favorable analyst attention, with multiple reports saying it remains a strong long-term and momentum pick for investors. Wall Street Analysts Think JPMorgan Chase & Co. (JPM) Is a Good Investment: Is It? Positive Sentiment: Recent commentary highlighted JPMorgan’s earnings strength and AI-related growth themes in banking, which supports the view that the company can keep outperforming peers. JPMorgan Sees AI-Powered Growth For Banks; Stock Pops Into Buy Zone After Earnings Growth Positive Sentiment: JPMorgan was also cited as a top momentum candidate and long-term stock pick by Zacks, adding to the bullish sentiment around the shares. Are You Looking for a Top Momentum Pick? Why JPMorgan Chase & Co. (JPM) is a Great Choice Neutral Sentiment: The bank completed $9 billion in debt offerings, which is a routine capital-markets transaction that may help funding flexibility but is not clearly a major near-term catalyst. JPMorgan Chase Raises $9 Billion Through Debt Offerings Neutral Sentiment: JPMorgan’s broader market commentary on oil, Iran-related disruption, and global risks reflects its macro views, but these notes are more informative than directly stock-moving for JPM itself. Here’s what each additional month of Iran-conflict disruption means for oil prices Negative Sentiment: House lawmakers questioned former JPMorgan executive Jes Staley over Epstein-related ties, which keeps reputational and legal-overhang concerns in the background for the bank. House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties Analysts Set New Price Targets A number of research firms have commented on JPM. Daiwa Securities Group decreased their target price on JPMorgan Chase & Co. from $340.00 to $328.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Dbs Bank upgraded JPMorgan Chase & Co. to a “hold” rating in a research report on Tuesday, May 12th. Keefe, Bruyette & Woods lifted their price target on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Barclays boosted their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, Autonomous Res lowered their price objective on shares of JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $358.67.

View Our Latest Analysis on JPMorgan Chase & Co.

JPMorgan Chase & Co. Price Performance Shares of NYSE:JPM opened at $352.88 on Friday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.85. The business’s fifty day moving average price is $323.74 and its two-hundred day moving average price is $311.13. The stock has a market cap of $945.55 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 1.56 and a beta of 0.99. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $353.37.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. During the same period in the previous year, the firm posted $4.96 earnings per share. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. On average, analysts forecast that JPMorgan Chase & Co. will post 23.97 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 25.71%.

About JPMorgan Chase & Co. (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Recommended Stories Five stocks we like better than JPMorgan Chase & Co. Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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Danica Pension Livsforsikringsaktieselskab boosted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 41.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 260,357 shares of the financial services provider’s stock after acquiring an additional 76,128 shares during the quarter. JPMorgan Chase & Co. comprises about 1.5% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 15th biggest position. Danica Pension Livsforsikringsaktieselskab’s holdings in JPMorgan Chase & Co. were worth $76,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Timmons Wealth Management LLC purchased a new position in JPMorgan Chase & Co. during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth about $32,000. MBM Wealth Consultants LLC bought a new position in JPMorgan Chase & Co. during the 1st quarter valued at about $29,000. Osbon Capital Management LLC purchased a new stake in JPMorgan Chase & Co. in the 4th quarter worth about $35,000. Finally, Turning Point Benefit Group Inc. bought a new stake in JPMorgan Chase & Co. in the third quarter worth about $35,000. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets In other JPMorgan Chase & Co. news, CFO Jeremy Barnum sold 3,022 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the completion of the sale, the chief financial officer directly owned 32,438 shares of the company’s stock, valued at $10,036,641.58. The trade was a 8.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,468 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $300.27, for a total value of $1,641,876.36. Following the completion of the sale, the general counsel owned 46,428 shares of the company’s stock, valued at $13,940,935.56. This represents a 10.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 18,876 shares of company stock worth $5,907,051 in the last ninety days. 0.41% of the stock is owned by company insiders.

More JPMorgan Chase & Co. News Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan continues to draw favorable analyst attention, with multiple reports saying it remains a strong long-term and momentum pick for investors. Wall Street Analysts Think JPMorgan Chase & Co. (JPM) Is a Good Investment: Is It? Positive Sentiment: Recent commentary highlighted JPMorgan’s earnings strength and AI-related growth themes in banking, which supports the view that the company can keep outperforming peers. JPMorgan Sees AI-Powered Growth For Banks; Stock Pops Into Buy Zone After Earnings Growth Positive Sentiment: JPMorgan was also cited as a top momentum candidate and long-term stock pick by Zacks, adding to the bullish sentiment around the shares. Are You Looking for a Top Momentum Pick? Why JPMorgan Chase & Co. (JPM) is a Great Choice Neutral Sentiment: The bank completed $9 billion in debt offerings, which is a routine capital-markets transaction that may help funding flexibility but is not clearly a major near-term catalyst. JPMorgan Chase Raises $9 Billion Through Debt Offerings Neutral Sentiment: JPMorgan’s broader market commentary on oil, Iran-related disruption, and global risks reflects its macro views, but these notes are more informative than directly stock-moving for JPM itself. Here’s what each additional month of Iran-conflict disruption means for oil prices Negative Sentiment: House lawmakers questioned former JPMorgan executive Jes Staley over Epstein-related ties, which keeps reputational and legal-overhang concerns in the background for the bank. House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties Analyst Upgrades and Downgrades Several research analysts have issued reports on JPM shares. Truist Financial boosted their target price on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research report on Wednesday, July 15th. Argus increased their price target on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Evercore reissued an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. Jefferies Financial Group set a $350.00 price objective on JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Finally, UBS Group increased their target price on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and an average price target of $358.67.

Check Out Our Latest Stock Analysis on JPMorgan Chase & Co.

JPMorgan Chase & Co. Price Performance Shares of JPM stock opened at $352.88 on Friday. The company has a market capitalization of $945.55 billion, a P/E ratio of 15.12, a P/E/G ratio of 1.56 and a beta of 0.99. The company’s 50-day simple moving average is $323.74 and its two-hundred day simple moving average is $311.13. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $353.37. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.86.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. During the same quarter in the previous year, the firm posted $4.96 earnings per share. The company’s revenue was up 27.7% on a year-over-year basis. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 23.97 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 25.71%.

JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Featured Articles Five stocks we like better than JPMorgan Chase & Co. Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Freemont Management S.A. raised its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 350.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,500 shares of the financial services provider’s stock after acquiring an additional 10,500 shares during the period. Freemont Management S.A.’s holdings in JPMorgan Chase & Co. were worth $3,971,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Fidelis Capital Partners LLC increased its stake in JPMorgan Chase & Co. by 7.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after acquiring an additional 5,101 shares during the last quarter. Howard Capital Management Inc. lifted its stake in JPMorgan Chase & Co. by 18.2% during the fourth quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock worth $8,308,000 after purchasing an additional 3,976 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 51.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock worth $2,862,000 after purchasing an additional 3,027 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of JPMorgan Chase & Co. by 11.0% in the 4th quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after purchasing an additional 4,841 shares in the last quarter. Finally, KTF Investments LLC purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth about $6,449,000. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Price Performance Shares of JPMorgan Chase & Co. stock opened at $348.72 on Thursday. The company’s fifty day simple moving average is $321.65 and its two-hundred day simple moving average is $310.67. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $351.24. The firm has a market cap of $934.39 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.52 and a beta of 0.99. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.96 earnings per share. As a group, equities analysts expect that JPMorgan Chase & Co. will post 23.59 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s payout ratio is currently 25.71%.

Key Headlines Impacting JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan posted record Q2 2026 results, with record revenue across all business lines and net income of $16.9 billion, underscoring strong underlying business momentum. JPMorgan Chase (JPM) Q2 2026 Earnings Call Transcript Positive Sentiment: Analysts and media outlets highlighted JPM as one of the top big-bank picks after strong earnings and an improving outlook, which supports the stock’s valuation narrative. Buy 3 Top-Ranked Big Investment Banks Amid Solid Q2 Earnings & Outlook Positive Sentiment: JPMorgan stock was noted as being on track for its longest weekly winning streak since early 2024 after the earnings beat, showing momentum traders are still piling in. QUICK SPARK: JPMorgan Stock Eyes Longest Weekly Winning Streak Since Early 2024 Positive Sentiment: Coverage around JPMorgan’s AI adoption suggested automation is already reducing costs in some units, which could help protect margins even if revenue growth moderates. Jamie Dimon Says AI Has Already Cut 30% to 40% of Jobs in Some JPMorgan Units Positive Sentiment: Reports that JPMorgan may help finance Japan’s $550 billion U.S. investment plan and other large global deals point to additional fee opportunities. JPMorgan, other US banks set to help finance Japan’s $550 billion US investment plan, sources say Neutral Sentiment: Jamie Dimon repeated warnings about macro risks, bond market stress, and geopolitical uncertainty. These comments do not directly change JPM’s fundamentals, but they can temper enthusiasm for bank stocks if investors become more cautious. ‘Worse than people expect’: Jamie Dimon sounds alarm about the next credit crisis Neutral Sentiment: Several articles focused on Dimon’s broader market commentary, including his view that stocks and long-term Treasurys look expensive; while notable, this is more about market caution than JPM’s own operating results. JPMorgan CEO Urges Investor Patience Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on JPM. HSBC raised their price objective on JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a report on Monday, May 4th. UBS Group lifted their price target on shares of JPMorgan Chase & Co. from $375.00 to $384.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Royal Bank Of Canada boosted their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Citigroup upped their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Autonomous Res reduced their target price on shares of JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $358.67.

View Our Latest Analysis on JPMorgan Chase & Co.

Insider Buying and Selling at JPMorgan Chase & Co. In other JPMorgan Chase & Co. news, CFO Jeremy Barnum sold 3,022 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the sale, the chief financial officer owned 32,438 shares in the company, valued at approximately $10,036,641.58. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total value of $1,522,036.98. Following the completion of the sale, the chief operating officer owned 85,082 shares in the company, valued at approximately $26,326,072.44. This represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,876 shares of company stock valued at $5,907,051 in the last 90 days. Insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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Bessemer Group Inc. trimmed its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 5.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,460,709 shares of the financial services provider’s stock after selling 237,830 shares during the period. JPMorgan Chase & Co. accounts for 2.1% of Bessemer Group Inc.’s portfolio, making the stock its 8th largest holding. Bessemer Group Inc. owned approximately 0.17% of JPMorgan Chase & Co. worth $1,312,162,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fidelis Capital Partners LLC grew its stake in shares of JPMorgan Chase & Co. by 7.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after buying an additional 5,101 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in JPMorgan Chase & Co. by 18.2% during the 4th quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock valued at $8,308,000 after acquiring an additional 3,976 shares during the period. Newbridge Financial Services Group Inc. grew its position in JPMorgan Chase & Co. by 51.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock valued at $2,862,000 after acquiring an additional 3,027 shares during the last quarter. Brighton Jones LLC increased its stake in JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after purchasing an additional 4,841 shares during the period. Finally, KTF Investments LLC bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $6,449,000. Institutional investors own 71.55% of the company’s stock.

Wall Street Analyst Weigh In Several research analysts recently commented on the stock. Evercore reaffirmed an “outperform” rating and issued a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. UBS Group lifted their target price on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada increased their price target on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Barclays upped their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings raised shares of JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $356.38.

Get Our Latest Stock Analysis on JPMorgan Chase & Co.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan was named in Reuters reports as a potential participant in financing Japan’s planned $550 billion U.S. investment program, which could create additional fee and lending opportunities for the bank. Article Title Positive Sentiment: Analyst coverage remained constructive, with KBW initiating a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and upside potential. Article Title Positive Sentiment: A separate note said JPMorgan may be about 4% undervalued based on fee growth and bond issuance activity, pointing to continued strength in capital markets and debt underwriting. Article Title Positive Sentiment: Financial stocks broadly moved higher during afternoon trading, and sector rotation commentary from Jim Cramer favoring banks over volatile tech stocks also supported the group. Article Title Neutral Sentiment: Jamie Dimon gave multiple interviews warning that markets are underestimating geopolitical, fiscal, and bond-market risks, and said he would not be buying stocks or long-term Treasurys at current levels. Those remarks may temper enthusiasm, but they also reinforce his reputation for caution rather than signaling a JPMorgan-specific problem. Article Title Neutral Sentiment: Dimon also said AI is already reducing jobs in some JPMorgan units, but framed it as a way to protect margins and improve efficiency rather than a direct earnings threat. Article Title Negative Sentiment: Dimon’s repeated warnings about geopolitics, U.S. debt, and bond-market risks could make some investors more cautious about the broader banking and market outlook. Article Title Insider Buying and Selling In other news, General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares of the company’s stock, valued at $13,547,031.53. This represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total value of $1,522,036.98. Following the sale, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at approximately $26,326,072.44. This trade represents a 5.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 18,876 shares of company stock worth $5,907,051. 0.41% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Trading Up 1.7% Shares of JPMorgan Chase & Co. stock opened at $344.74 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The firm’s 50 day simple moving average is $320.69 and its two-hundred day simple moving average is $310.48. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $351.24. The firm has a market capitalization of $923.73 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.51 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. During the same quarter last year, the business posted $4.96 EPS. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. Analysts predict that JPMorgan Chase & Co. will post 23.38 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. JPMorgan Chase & Co.’s payout ratio is currently 25.71%.

JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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Financiere des Professionnels Fonds d investissement inc. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 249.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,853 shares of the financial services provider’s stock after acquiring an additional 47,698 shares during the period. JPMorgan Chase & Co. accounts for approximately 1.2% of Financiere des Professionnels Fonds d investissement inc.’s holdings, making the stock its 20th biggest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in JPMorgan Chase & Co. were worth $19,665,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Timmons Wealth Management LLC purchased a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $27,000. MBM Wealth Consultants LLC bought a new stake in shares of JPMorgan Chase & Co. in the 1st quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth approximately $32,000. Osbon Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth approximately $35,000. Finally, Turning Point Benefit Group Inc. bought a new position in shares of JPMorgan Chase & Co. during the 3rd quarter valued at approximately $35,000. Institutional investors own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan was named in Reuters reports as a potential participant in financing Japan’s planned $550 billion U.S. investment program, which could create additional fee and lending opportunities for the bank. Article Title Positive Sentiment: Analyst coverage remained constructive, with KBW initiating a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and upside potential. Article Title Positive Sentiment: A separate note said JPMorgan may be about 4% undervalued based on fee growth and bond issuance activity, pointing to continued strength in capital markets and debt underwriting. Article Title Positive Sentiment: Financial stocks broadly moved higher during afternoon trading, and sector rotation commentary from Jim Cramer favoring banks over volatile tech stocks also supported the group. Article Title Neutral Sentiment: Jamie Dimon gave multiple interviews warning that markets are underestimating geopolitical, fiscal, and bond-market risks, and said he would not be buying stocks or long-term Treasurys at current levels. Those remarks may temper enthusiasm, but they also reinforce his reputation for caution rather than signaling a JPMorgan-specific problem. Article Title Neutral Sentiment: Dimon also said AI is already reducing jobs in some JPMorgan units, but framed it as a way to protect margins and improve efficiency rather than a direct earnings threat. Article Title Negative Sentiment: Dimon’s repeated warnings about geopolitics, U.S. debt, and bond-market risks could make some investors more cautious about the broader banking and market outlook. Article Title Wall Street Analysts Forecast Growth Several analysts recently weighed in on the company. UBS Group increased their price target on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Evercore reiterated an “outperform” rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday. Finally, HSBC increased their target price on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $356.38.

Read Our Latest Analysis on JPM

Insiders Place Their Bets In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 4,919 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total value of $1,522,036.98. Following the transaction, the chief operating officer directly owned 85,082 shares in the company, valued at $26,326,072.44. This represents a 5.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the transaction, the chief financial officer directly owned 32,438 shares in the company, valued at approximately $10,036,641.58. This trade represents a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 18,876 shares of company stock worth $5,907,051 in the last three months. Corporate insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Stock Up 1.7% Shares of JPM opened at $344.74 on Wednesday. The firm has a market capitalization of $923.73 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.51 and a beta of 0.99. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $351.24. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The firm has a fifty day moving average price of $320.69 and a 200-day moving average price of $310.48.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period in the prior year, the business posted $4.96 earnings per share. Equities research analysts expect that JPMorgan Chase & Co. will post 23.38 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, July 6th. JPMorgan Chase & Co.’s payout ratio is 25.71%.

JPMorgan Chase & Co. Company Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Featured Stories Five stocks we like better than JPMorgan Chase & Co. Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible

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On the July 14 earnings call, JPMorgan Chase (JPM +1.78%) CEO Jamie Dimon disclosed that artificial intelligence (AI) has already eliminated 30% to 40% of headcount in some of the bank's units. In the same breath, he tempered any hope that this would translate into fatter profits, warning that "you don't uniquely benefit from AI." That single sentence, more than the job-cut figure, is the one investors should study.

This is not a pilot program. JPMorgan is spending nearly $20 billion on technology this year, runs close to 1,000 AI use cases across functions from fraud detection to back-office processing, and now has roughly 150,000 of its more than 300,000 employees using an internal large language model every week. The headcount reductions Dimon described are the visible output of that investment: Real efficiency, applied at an industrial scale, already reshaping how the bank operates.

Jamie Dimon, CEO of JPMorgan Chase. Image source: JPMorgan Chase & Co.

Why the savings may not reach the bottom line Here is an analytically important part. A technology confers a durable advantage only when it is proprietary or scarce. When it diffuses across an entire industry, competition dissipates the excess returns it generates. Banking is intensely competitive and largely commoditized, so if every institution deploys similar AI tools, no single firm can hold onto the productivity windfall. The gains instead get passed through to customers in the form of lower prices, better service, or higher deposit rates, a textbook case of competitive pass-through.

That is precisely Dimon's point. AI lowers the cost of doing business, but it also lowers rivals' costs by roughly the same amount, leaving relative margins little changed. Worse, the technology is not free to run. CFO Jeremy Barnum cautioned that spending on generative AI is set to climb sharply in the second half of 2026, meaning some of the labor savings will be recycled into higher computing bills rather than dropping to earnings.

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The takeaway for JPMorgan Chase investors The takeaway here is a sobering one for anyone expecting an AI-driven profit surge at the big banks. AI is genuinely transforming JPMorgan's cost structure, trading expensive headcount for cheaper software, and that is real progress. But because the same transformation is available to every competitor, the productivity gains are more likely to flow to customers than to shareholders.

For investors, AI at JPMorgan is best understood as a defensive necessity, the price of staying competitive, rather than an offensive source of expanding margins. The bank that fails to adopt it would fall behind; the bank that adopts it merely keeps pace. That distinction is the difference between a cost saver and a moat, and Dimon is candidly telling the market it is the former.

Some people call big banks the bellwethers of the economy. If that's the case, things may not be all that bad, at least judging by the performance of JPMorgan Chase (JPM 1.08%) in the second quarter.

The nation's largest bank had a record quarter, crushing analysts' estimates. JPMorgan Chase generated a record net income of $21.2 billion, up 41% year over year. Earnings were $7.70 per share, up 47% year over year. On an adjusted basis, the bank earned $16.9 billion, or $6.14 per share. The adjustments were related to special items, which consisted mostly of a one-time $4.6 billion gain from its equity stake in Visa. Analysts had expected earnings of $5.59 per share, so this blew past those estimates.

Revenue also set a record, coming in at $57.3 billion, up 28% year over year and significantly above estimates of $51.1 billion. CEO Jamie Dimon said the firm had record revenue across all lines of business.

"It's getting close to as good as it gets," Dimon said on the earnings call. "We just don't know how long it's going to last."

Image source: Getty Images.

Improving outlook It could certainly last a bit longer, as the bank's credit quality also improved.

Net charge-offs, which are bad loans unlikely to be repaid, fell by $44 billion year over year. In Card Services, the net charge-off rate was down to 3.34% from 3.47% in the first quarter. For the full year, JPMorgan Chase lowered its net charge-off rate in Card Services to 3.2%, down from its previous guidance of 3.4%.

Further, the bank lowered its provision for credit losses, which is money set aside for potential losses. It was down 12% year over year to $2.5 billion.

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The bank also raised its net interest income guidance for fiscal 2026 from $103 billion to $105.5 billion.

Investment banking and trading revenue surge Net interest income rose a robust 10% to $25.6 billion, but the real alpha came from noninterest or fee revenue, which surged 45% to $32.4 billion.

Of JPMʻs three main businesses, Commercial and Investment Banking was the earnings driver. Revenue spiked 27%, and earnings rose 46% in this segment. The biggest boost came from investment banking, which saw revenue spike 45% year over year, and its institutional trading business, where revenue soared 33%. Within the trading business, equity market trading revenue skyrocketed 86% to $6 billion, fueled by a major market rally in April and May.

JPMorgan Chase's Asset and Wealth Management business was also a strong performer, with revenue up 19% and earnings rising 33% year over year.

Its Consumer and Community Banking business lagged, but still had a solid 8% revenue increase with net income ticking up 3%.

JPMorgan Chase stock has climbed about 7% since the earnings were reported on July 14. The stock is now up about 7% per share and is trading at 15 times forward earnings. With its strong outlook and relatively low valuation, JPMorgan Chase stock is a strong buy right now.