JPMorgan Chase & Co. - JPM STOCK NEWS

JPMorgan Chase has announced its upcoming fourth-quarter and full-year 2024 earnings conference call, scheduled for January 15, 2025, at 8:30 a.m. (EDT). Financial results will be released at approximately 7:00 a.m. (EDT). The company will broadcast results through multiple channels, including a live audio webcast, social media platforms @JPMorgan and @Chase, and an SEC Form 8-K filing.

As of September 30, 2024, JPMorgan Chase reported $4.2 trillion in assets and $346 billion in stockholders' equity. The firm maintains its position as a leading financial services provider, offering investment banking, consumer and small business services, commercial banking, financial transaction processing, and asset management services globally.

Chase Freedom is celebrating its 15th anniversary of rotating cash back categories in 2025, launching Q1 with exciting rewards across four categories. From January 1 through March 31, 2025, Freedom and Freedom Flex cardmembers can earn 5% cash back on up to $1,500 in combined purchases at:

• Norwegian Cruise Lines (direct bookings only)
• Grocery Stores
• Fitness Clubs
• Hair, Nails and Spa Services

Chase Freedom Flex cardmembers continue to earn additional rewards: 5% on Chase Travel bookings, 3% on dining and drugstore purchases, and 1% on all other purchases. The celebration will continue throughout the year with special categories and perks for cardmembers.

JPMorgan Chase (NYSE: JPM) has announced dividend declarations for its Series CC and HH preferred stock. The firm, a leading U.S.-based financial services company, reported $4.2 trillion in assets and $346 billion in stockholders' equity as of September 30, 2024.

JPMorgan Chase maintains leadership positions in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management. Through its J.P. Morgan and Chase brands, the company serves millions of U.S. customers and prominent corporate, institutional, and government clients globally.

JPMorganChase (NYSE: JPM) has announced the election of Michele G. Buck, 63, as a director of the company, effective March 17, 2025. Buck is currently Chairman of the Board, President and CEO of The Hershey Company. She brings over 30 years of consumer-packaged goods experience, having held senior leadership roles at Hershey since 2005, including CEO since 2017, COO, and President of North America operations. Prior to Hershey, she served as an officer at Kraft/Nabisco for 17 years and started her career at Frito-Lay. Buck also serves on the Board of Directors at New York Life, where she was Lead Independent Director and chaired multiple committees.

JPMorgan Chase subsidiaries PricingDirect and Aumni have announced a strategic partnership to provide independent valuations for private equity securities. The collaboration combines PricingDirect's evaluated pricing expertise with Aumni's private market data analytics to offer investors reliable valuations aligned with industry standards.

The partnership aims to help investors comply with ASC 820 and SEC Rule 2a-5 requirements for fair value fund investments. PricingDirect currently serves approximately 3,000 global clients and provides pricing for nearly 3MM fixed income instruments. The integration leverages Aumni's Market Insights product to deliver more precise valuations incorporating private market trends.

JPMorgan Chase (NYSE: JPM) has announced a quarterly dividend declaration for its common stock shareholders. The company, a leading financial services firm in the United States with global operations, reported $4.2 trillion in assets and $346 billion in stockholders' equity as of September 30, 2024.

The firm maintains leadership positions in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management. Through its J.P. Morgan and Chase brands, it serves millions of U.S. customers and prominent corporate, institutional, and government clients worldwide.

J.P. Morgan Asset Management has appointed Aaron Mulvihill as executive director and global market strategist specializing in alternatives within their Market Insights team. Based in New York, Mulvihill will report to Gabriela Santos and focus on developing the firm's Guide to Alternatives publication and 'Alternative Realities' podcast.

Mulvihill joins from CRH, where he led infrastructure solutions teams and managed 25 manufacturing facilities. His experience includes M&A roles in Eastern Europe, operations leadership positions in multiple U.S. states, and early career experience at KPMG's transaction advisory team.

The appointment aims to strengthen J.P. Morgan's alternatives thought leadership, with their Guide to Alternatives reaching its 5th anniversary and the Guide to the Markets serving over 450,000 financial professionals quarterly.

J.P. Morgan Asset Management announced that institutional investors advised by its timber investment manager, Campbell Global, have acquired 40,800 acres of commercial timberland on the Olympic Peninsula in Washington state. The property, named Tyee, will be managed for both carbon capture and timber production.

The property features 100% Sustainable Forestry Initiative certification, over 360 miles of streams, 6,500 acres of riparian areas, diverse wildlife habitats, and approximately 20 million standing trees including Western Hemlock, Douglas Fir, and Sitka Spruce. The acquisition expands Campbell Global's presence in the Pacific Northwest, where they have over 40 years of experience.

J.P. Morgan Asset Management has announced plans to convert select U.S. mutual funds to ETFs in mid-2025, subject to board approval in February 2025. The conversion involves three funds with combined assets of approximately $6 billion: JPMorgan Mortgage Backed Securities Fund ($5,759M), JPMorgan U.S Applied Data Science Value Fund ($174M), and JPMorgan International Hedged Equity Fund ($181M). The conversion aims to provide investors with enhanced trading flexibility, increased portfolio transparency, and potential tax efficiency. J.P. Morgan Asset Management currently manages $160 billion in ETF assets, ranking second globally in active ETF AUM.