JP Morgan Q3 - Looking Cheap

16-OCT-19

Yesterday JP Morgan released results that beat expectations. The stock went up 2% immediately in the futures market before the open, and closed the day higher by 3%. Earnings came in at $2.68 versus consensus of $2.50. Revenues of $29.3bn also beat expectations. Net income for the period was $9bn. Wow these banks are big. Here are some of the divisional highlights.


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JP Morgan Q2 Numbers - A Beat

17-JUL-19

The JP Morgan results out yesterday morning were very interesting, and have me scratching my head: the bank is in very good health, but the share price won't seem to go up. In the environment which we find ourselves of low interest rates and tepid economic growth, they are battling a little to sustain top line (revenue) growth and maintain net interest margins.


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JP Morgan - Top and Bottom Line Records

15-APR-19

JPMorgan kicked off the 2019 earnings season with better-than-expected numbers, thanks in part to higher interest rates late last year.


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The Case for Banks in 2019

04-APR-19

Financial services are a big part of the modern economy, but are banks a good investment? They're certainly profitable, and these days very unlikely to fail, but mostly unloved. What this means is that they churn out cash, but their share prices trade at modest multiples of current earnings.


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JP Morgan FY Record Numbers

17-JAN-19

On Tuesday before the US market opened, JP Morgan released their Q4 and Full-Year (FY) results. Due to lower trading volumes in this quarter, the company missed analyst expectations for both revenue and net income. Going into the results knowing that the company had 'disappointed', I was expecting to read weak numbers. What I found was the total opposite.


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Q2 18 Numbers

17-JUL-18

Vestact steered its clients towards buying JP Morgan shares in November 2017. Broadly speaking, we believe that large US banks are set to benefit from stronger economic growth, rising interest rates, increased efficiency, less paperwork, lighter regulations, fewer branches, better use of technology and thus fatter margins. JP Morgan is the biggest and best US bank.


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JPM online bank, FINN

09-JUL-18

Here at Vestact we advocate using the products of the stocks we own. It is a good way of knowing if the products produced by your investments are up to scratch. Of course, this is only a small piece of the analysis puzzle but I do think it helps.


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JP Morgan FINN

29-JUN-18

Sam covered JP Morgan's Fintech ambitions in detail a few weeks ago. Remember that Finn by Chase is the earmarked brand to target millennials and people who want to do the majority of their transactions on their phones.


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Finn For The Win

08-JUN-18

JP Morgan is a core New York Vestact portfolio stock. It has unveiled Finn, a new mobile banking product that gives customers online functionality and greater control of their everyday spending and saving.


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JP Morgan 1Q numbers - big profit growth

16-APR-18

On Friday JP Morgan crushed expectations for their 1Q numbers with revenue of $28.52 billion (up 10%) and Net Income of $8.71 billion (up 35%). Thanks to share buybacks, their EPS was up an even more impressive 44%.


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Superstar CEO

31-JAN-18

How important is a superstar CEO? Can one make a case for owning a company just because it has a hero at the helm? Should we blindly back entrepreneurs who start, build and then run great companies?


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JP Morgan FY numbers - poised for growth

18-JAN-18

Last week Friday we received fourth quarter and end of year results from JP Morgan. This is the first results release since we put JP Morgan on our buy list. US companies usually disclose more details on the quarterly movements. I will therefore give a summary of the annual results and then focus more on the quarterly numbers in detail.


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Intro to JP Morgan

01-NOV-17

There are two key reasons to own JP Morgan now: rising interest rates and new banking technology.


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JP Morgan results a beat, but market still uncertain about prospects

14-OCT-11

JP Morgan released results that looked decent at face value, it was not just me that thought that, I saw a couple of analyst notes that the business itself was solid, with sound fundamentals and it was just the very average outlook that dented the stock. And the market predictorbots are expecting the company to make in the region of 5 Dollars worth of earnings next year and around 10 percent more the year after that. Huh? The stock trades currently 31.60, that was down 4.82 percent yesterday in the session. That tells you what those types thought, thanks but no thanks.


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