Why big banks are 'chugging along': Portfolio manager [Yahoo! Finance]
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: Yahoo! Finance
Sykes, Gabelli Funds portfolio manager, joins Catalysts to share his outlook on the banking sector. Sykes expresses a bullish stance on bank earnings, highlighting two key factors that could potentially boost reports. First, he notes that the S&P 500's ( ^GSPC ) 5% increase for the quarter could positively impact asset and wealth management segments in bank earnings. Secondly, Sykes points to "a slight decline" in the ten-year yield, which he views as beneficial for operating capital contribution. Overall, Sykes sees "continued steady progress" in the banking sector, asserting that "fundamentally, they're chugging along and in good shape." Regarding consumer trends supporting big banks, Sykes acknowledges a slowdown among lower-income consumers due to inflation pressures. However, he emphasizes that "we continue to see pretty strong metrics out of the higher-end" consumers. For more expert insight and the latest market action, click here to watch this full episode of Catalysts
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
- How to Use Your TFSA to Earn $12,000 Per Year in Tax-Free Income [Yahoo! Finance Canada]Yahoo! Finance Canada
- Fed commentary, CPI, PPI, bank earnings: What to watch [Yahoo! Finance]Yahoo! Finance
- S&P 500 Earnings: Financials Face A Tough Compare With Q3 2023 [Seeking Alpha]Seeking Alpha
- Dow closes at record high after blow-out jobs report [Yahoo! Finance]Yahoo! Finance
- JPMorgan client who lost $50 million fortune amid dementia is denied trial [Fortune]Fortune
JPM
Earnings
- 7/12/24 - Beat
JPM
Sec Filings
- 10/4/24 - Form 424B2
- 10/4/24 - Form 424B2
- 10/4/24 - Form 424B2
- JPM's page on the SEC website