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JPMorgan Chase Announces 2024 Dodd-Frank Act Stress Test Results
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Rhea-AI Summary
JPMorgan Chase (NYSE: JPM) has published the results of its 2024 Dodd-Frank Act Stress Test. The test assessed the firm's resilience under hypothetical adverse economic conditions. As of March 31, 2024, JPMorgan Chase reported $4.1 trillion in assets and $337 billion in stockholders' equity. The firm remains a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. The full results are accessible on their website under Investor Relations.
Positive
JPMorgan Chase reported $4.1 trillion in assets as of March 31, 2024.
$337 billion in stockholders' equity strengthens the firm's financial position.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced today that it has released the results of its company-run 2024 Dodd-Frank Act Stress Test for JPMorgan Chase & Co. and JPMorgan Chase Bank, National Association. Information can be found on the Firm's website at www.jpmorganchase.com under Investor Relations, Events & Presentations, 2024 Dodd-Frank Act Stress Test Results.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.