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JPMorgan Chase & Co (JPM.N)

JPM.N on New York Stock Exchange

113.01USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

JPMorgan Sees New Revenue Recognition Accounting Rule To Increase FY2018 Revenue, Expense By About $1.2 Bln
Friday, 12 Jan 2018 07:15am EST 

Jan 12 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO - EXPECT FIRMWIDE Q1 2018 NET INTEREST INCOME TO BE MODESTLY LOWER QOQ DUE TO THE IMPACT OF TCJA AND DAY COUNT‍​.JPMORGAN CHASE & CO - EXPECT FIRMWIDE FY2018 EFFECTIVE TAX RATE TO BE ABOUT 19 PERCENT.JPMORGAN - SEES REDUCTION IN TAX-EQUIVALENT ADJUSTMENTS, DECREASING BOTH MANAGED REVENUE & MANAGED TAX EXPENSE BY ABOUT $1.2 BILLION ON ANNUAL RUN-RATE BASIS.JPMORGAN CHASE & CO SEES NEW REVENUE RECOGNITION ACCOUNTING RULE TO INCREASE FY2018 REVENUE, EXPENSE BY ABOUT $1.2B, VAST MAJORITY OF IMPACT IN AWM ‍​.JPMORGAN CHASE & CO SAYS LOWER TAX RATE DOES NOT CHANGE CO'S CAPITAL HIERARCHY AND STRATEGY; 1H18 DISTRIBUTIONS BASED ON 2017 CCAR.JPMORGAN - NEW TAX RATE WILL BE NET POSITIVE FOR IB FEES, SUPPORTIVE TO CORPORATE LOAN DEMAND OVER TIME, WILL BE SMALL NEGATIVE TO HOME LENDING.JPMORGAN SAYS UNCERTAIN WHETHER CO WILL BE SUBJECT TO BASE EROSION ANTI-ABUSE TAX; DO NOT EXPECT ANY MATERIAL IMPACT FROM IT.  Full Article

JPMorgan Reports Q4 Net Income Of $1.76/Share Excluding Significant Items
Friday, 12 Jan 2018 07:08am EST 

Jan 12 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE REPORTS FOURTH-QUARTER 2017 NET INCOME OF $4.2 BILLION, OR $1.07 PER SHARE.FOURTH-QUARTER 2017 NET INCOME OF $6.7 BILLION, OR $1.76 PER SHARE EXCLUDING SIGNIFICANT ITEMS.QUARTERLY REPORTED REVENUE OF $24.2 BILLION; MANAGED REVENUE OF $25.5 BILLION.QUARTERLY NET REVENUE WAS $25.5 BILLION, UP 5%.Q4 EARNINGS PER SHARE VIEW $1.69, REVENUE VIEW $25.15 BILLION -- THOMSON REUTERS I/B/E/S.QUARTERLY AVERAGE CORE LOANS UP 6% YOY AND 2% QOQ‍​.Q4 RESULTS INCLUDE $2.4 BILLION ESTIMATED NET IMPACT OF THE TAX CUTS AND JOBS ACT ($0.69 PER SHARE DECREASE IN EARNINGS).QUARTERLY PROVISION FOR CREDIT LOSSES WAS $1.3 BILLION, UP FROM $864 MILLION IN THE PRIOR YEAR.QUARTERLY EQUITY MARKETS REVENUE WAS FLAT.QUARTERLY EQUITY MARKETS REVENUE INCLUDED IMPACT OF MARK-TO-MARKET LOSS OF $143 MILLION ON MARGIN LOAN TO SINGLE CLIENT.EXCLUDING MARK-TO-MARKET LOSS, QUARTERLY EQUITY MARKETS REVENUE WAS UP 12 PERCENT.Q4 EARNINGS PER SHARE VIEW $1.69 -- THOMSON REUTERS I/B/E/S.JPMORGAN'S JAMIE DIMON SAYS "WE HAD HEALTHY GROWTH IN TREASURY SERVICES, SECURITIES SERVICES AND INVESTMENT BANKING" IN 2017.JPMORGAN'S DIMON SAYS "THE ENACTMENT OF TAX REFORM IN THE FOURTH QUARTER IS A SIGNIFICANT POSITIVE OUTCOME FOR THE COUNTRY".JPMORGAN'S DIMON, ON TAX REFORM, SAYS "U.S. COMPANIES WILL BE MORE COMPETITIVE GLOBALLY".JPMORGAN'S DIMON, ON TAX REFORM, SAYS CUMULATIVE EFFECT OF RETAINED & REINVESTED CAPITAL WILL HELP GROW U.S. ECONOMY, ULTIMATELY GROWING JOBS, WAGES.  Full Article

GoPro Has Reportedly Hired JP Morgan To Put Itself Up For Sale - CNBC
Monday, 8 Jan 2018 01:25pm EST 

Jan 8 (Reuters) - Gopro Inc ::GOPRO HAS REPORTEDLY HIRED JP MORGAN TO PUT ITSELF UP FOR SALE - CNBC, CITING SOURCES‍​.  Full Article

Brookfield Business Partners to buy 75 pct controlling interest in Schoeller Allibert
Friday, 5 Jan 2018 02:00am EST 

Jan 5 (Reuters) - Brookfield Business Partners Lp ::BROOKFIELD BUSINESS PARTNERS TO ACQUIRE CONTROLLING INTEREST IN SCHOELLER ALLIBERT IN PARTNERSHIP WITH SCHOELLER GROUP.DEAL FOR ‍FOR EUR 205 MILLION​.‍ENTERED INTO AN AGREEMENT TO ACQUIRE A 75% CONTROLLING INTEREST IN SCHOELLER ALLIBERT GROUP B.V.​.SAYS ‍STAKE IS BEING ACQUIRED FROM AN INDIRECT SUBSIDIARY OF JPMORGAN CHASE & CO​.  Full Article

JPMorgan Chase Says Warrant Exercise Price Will Be Reduced To $41.764/Share From $41.834/Share
Thursday, 4 Jan 2018 04:15pm EST 

Jan 4 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE ANNOUNCES ADJUSTMENTS TO WARRANT EXERCISE PRICE AND WARRANT SHARE NUMBER.JPMORGAN CHASE & CO - WARRANT EXERCISE PRICE WILL BE REDUCED TO $41.764/SHARE FROM $41.834/SHARE.JPMORGAN CHASE & CO - WARRANT SHARE NUMBER WILL BE INCREASED TO 1.02 FROM 1.01.  Full Article

JPMorgan to pay $2.8 mln to settle FINRA charges
Wednesday, 27 Dec 2017 09:26am EST 

Dec 27 (Reuters) - Finra says it fines jpmorgan securities llc $2.8 million for customer protection rule violations and supervisory failures:.  Full Article

JPMorgan Declared Quarterly Dividend Of $0.56 Per Share
Tuesday, 12 Dec 2017 04:16pm EST 

Dec 12 (Reuters) - Jpmorgan Chase & Co ::JPMORGAN - DECLARED QUARTERLY DIVIDEND OF $0.56 PER SHARE.  Full Article

Kroger And Chase Pay Announce Mobile Payment Partnership
Tuesday, 12 Dec 2017 09:00am EST 

Dec 12 (Reuters) - Jpmorgan Chase & Co ::KROGER AND CHASE PAY ANNOUNCE MOBILE PAYMENT PARTNERSHIP.KROGER CO - ‍TEAMING UP WITH CHASE PAY TO OFFER MOBILE PAYMENTS STARTING WITH SELECT RETAIL MARKETS AND E-COMMERCE PROGRAMS IN 2018​.  Full Article

JPMorgan and Citigroup among banks opting not to clear CBOE bitcoin futures - FT
Friday, 8 Dec 2017 08:18am EST 

Dec 8 (Reuters) - :JPMORGAN AND CITIGROUP AMONG BANKS OPTING NOT TO CLEAR CBOE BITCOIN FUTURES - FT.  Full Article

JP Morgan Chase & Co notifies 3.12 pct shareholding in Tigenix​
Friday, 24 Nov 2017 08:32pm EST 

Nov 24 (Reuters) - Tigenix Nv :‍JP Morgan Chase & Co notifies 3.12 pct shareholding in Tigenix​.  Full Article

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Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.