KEY FACTS ABOUT
JPMorgan demonstrated astonishing performance in the last eight month and managed to beat earnings estimates for six times in a row*.
Here are 5 facts you need to know ahead of JPMorgan’s upcoming Earnings Report:
Interest rate hikes
Announced by the Federal Reserve, interest rate hikes have a potential to boost bank’s net interest income and net interest margin, that both have been negatively affected by low interest rates in the past*.
Following the global financial downturn JPMorgan decided it is time for the company to cut down the unnecessary expenses and turn back to its core business. Adjusted expenses dropped from $58.4 billion in 2014 to $56.0 billion in 2016
The bank is good at supporting the loans-to-deposits ratio, which was equal to 63% in the end of March 2017. Total number of both loans and deposits continues to grow*.
Financial CHOICE Act
Adopted in the midst of the world financial crisis in 2010, the Dodd-Frank Act will no longer bother commercial banks. All thanks to the Financial CHOICE Act, that, if adopted, will roll back the limitations on fund allocation for private financial institutions.
The top management revealed its plans to increase dividends by 12% in 2017 and spend $19.4 billion on share repurchases. Both initiatives are aimed at generating greater shareholder value.
OPEN A FREE DEMO ACCOUNT BY CLICKING THE GREEN BUTTON BELOW AND Trade JPMorgan
When you deposit more than $200, you’ll get extra rewards, but with $1000 you’ll get massive benefits!
Get also a VIP access with a deposit of at least $3,000, and with the highest deposit amounts you’ll also be rewarded with extra benefits on each deposit.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK