[Updated 08/17/2021] JPMorgan Update JPMorgan stock (NYSE: JPM) gained roughly 25% YTD, and at its current price of $159 per share, it is trading 4% below its fair value of $166 – Trefis’ estimate for JPMorgan’s valuation. The bank recently released its second-quarter 2021 results, with both earnings and revenues topping the estimates. […]
JPMorgan
Stellar Investment Banking to Aid JPMorgan (JPM) Q2 Earnings
Investment banking (“IB”) fees, one of the main sources of revenues for JPMorgan JPM, is expected to have witnessed a significant rise in second-quarter 2021 on the back of active M&A market as well as solid client activity in equities and debt capital markets. This is likely to provide much […]
JPMorgan foresees investment banking boom picking up earnings slack
JPMorgan Chase chief executive Jamie Dimon has predicted the bank is on track for one of its strongest quarters for dealmaking fees, helping compensate for anaemic loan growth and a slowdown in trading revenue. “Investment banking, it could be one of the best quarters we’ve ever seen,” Dimon said on […]