That is because the bank's stock price has jumped more than 3 percent since the settlement announcement, as investors cheer JPMorgan putting its legal woes behind it. The increase has raised the value of JPMorgan shares by nearly $7 …
Goldman Sachs and Wells Fargo both trade above book value as well. And while JPMorgan's stock hasn't been a terrible performer per se -- it's up 10% year-to-date after all -- it has trailed the broader market and other bank stocks. That has …
The JPM Stock price climbed 3% in intraday trading today (Wednesday) after the bank reported better than expected results for Q1 2016. The JPMorgan stock price is now up 6.9% in the last three months. While profit in Q1 fell by …
As of 2015, JPMorgan Chase & Company (NYSE: JPM) is the fifth-largest bank in the world. It has nearly $2.6 trillion in total assets and a market capitalization worth $221.29 billion after the close of market hours on Sept. 29, 2015. It has …
[See: 11 Ways to Buy Bank Stocks.] No, much of the recent run-up in JPM stock – much like the rest of America's big banks – has come courtesy of the most recent round of stress tests (and the bounty that will be released to …
You’d think a story in The Wall Street Journal about executives fleeing JPMorgan Chase & Co. (NYSE:JPM) might put pressure on its stock. But by the looks of it, that doesn’t appear to be the case, as shares of the nation’s largest bank …
NEW YORK -- JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily-called …
Is it finally time to buy banks? As the popular narrative would have it, the Fed will finally raise rates this month after keeping them at zero for nearly a decade. Low rates have crimped bank profits, so higher rates will presumably mean a windfall …
Chemours' stock price could hit $50 per share this year, according to an analyst at JPMorgan Chase & Co. Shares of Chemours, a Wilmington-based chemical business, were trading at $43.38 per share in late afternoon trading on Friday. …
(Reuters) - Three U.S. pension funds sued six of the world’s largest banks on Thursday, including Goldman Sachs Group Inc (GS.N) and JP Morgan Chase & Co (JPM.N), accusing them of conspiring to stifle competition in the more than $1 …