JPMorgan Chase & Co (Extended Hours)JPMorgan Chase & Co (Extended Hours)JPMorgan Chase & Co (Extended Hours)

JPMorgan Chase & Co (Extended Hours)

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JPMorgan Chase reported fourth-quarter results that exceeded projections, resulting in a 2% increase in its shares and positioning the bank as one of the top gainers on the Dow.
JPMorgan Chase CEO Jamie Dimon emphasized balancing economic growth with banking security during the bank's fourth-quarter results, supporting regulations that promote growth while ensuring safety.
Argus has raised its price target on JPMorgan Chase from $235 to $275, while the average rating remains overweight with a mean price target of $259.65, according to analysts polled by FactSet.
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About JP Morgan Chase


JPMorgan Chase & Co is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research. It operates through the following segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, and Asset and Wealth Management. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through automated teller machine, online, mobile, and telephone banking. The Corporate and Investment Bank segment offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. The Commercial Banking segment delivers services to U.S. and its multinational clients, including corporations, municipalities, financial institutions, and non profit entities. It also provides financing to real estate investors and owners as well as financial solutions, including lending, treasury services, investment banking, and asset management. The Asset and Wealth Management segment provides asset and wealth management services. The company was founded in 1968 and is headquartered in New York, NY.

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