UPDATE 2-JPMorgan profit just below forecast on weak investment banking [Reuters (UK)]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: Reuters
JPMorgan profit just below forecast on weak investment banking | Reuters Reuters Staff 3 Min Read (Reuters) - JPMorgan Chase & Co’s ( JPM.N ) quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from U.S. corporate tax changes and higher interest rates. Revenue grew across its businesses as borrowing rose amid strong economic growth. Higher interest rates lifted lending revenue more than the bank’s cost of money and its equity markets business had a strong quarter, which it attributed to derivatives trading and prime services. Investment banking, however, was a dark spot, with revenue falling 7 percent on lower debt and equity underwriting fees. Overall profit rose 35 percent, while revenue gained about 10 percent in the first quarter ended March 31. The bank’s shares were up nearly 1 percent in premarket trading on Friday. The stock has gained 33 percent in the past 12 months. “2018 is off to a good start with our
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- Bitcoin Slides as Geopolitical Risks Overshadow Looming Halving [BNN Bloomberg (Canada)]BNN Bloomberg
- White House will 'make sure gas prices remain affordable' heading into summer, Biden advisor says [MSNBC.com]MSNBC.com
- Americans lose millions of dollars each year to wire transfer fraud scams. Could banks do more to stop it? [CBS News]CBS News
- Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say [Yahoo! Finance]Yahoo! Finance
- Exclusive: JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say [Reuters]Reuters
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- JPM's page on the SEC website