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JPMorgan Chase Earns 19 Percent Less to Start the Year

Enviado por Mariela en Lun, 10/19/2015 - 16:27
Cita: 

Summers, Nick [2014], “JPMorgan Chase Earns 19 Percent Less to Start the Year”, Business Week, New York, 11 de abril, http://www.bloomberg.com/bw/articles/2014-04-11/jpmorgan-chase-earns-19-... [1]

Fuente: 
Business Week
Fecha de publicación: 
Viernes, Abril 11, 2014
Idea principal: 

JPMorgan Chase, the largest but no longer the most profitable US bank, announced a 19% decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7% in pre-market trading. CEO Jamie Dimon is attempting to find the bank's footing amid stronger rules on capital requirements and intense scrutiny from regulators. JPMorgan's per-share earnings of $1.28 were 7% below what analysts were expecting. Of the 43 analysts covering the stock tracked by Bloomberg, 31 rate it a buy. The rest of the big banks will announce their results next week: Citigroup reports on April 14, Bank of America goes next on April 16, and Goldman Sachs and Morgan Stanley round out the big six on April 17.


Source URL (modified on 19 Octubre 2015 - 4:27pm):https://let.iiec.unam.mx/node/426

Links
[1] http://www.bloomberg.com/bw/articles/2014-04-11/jpmorgan-chase-earns-19-percent-less-to-start-the-year