JPMorganChase Declares Preferred Stock Dividends

Rhea-AI Summary

JPMorgan Chase & Co. (NYSE: JPM) has announced the declaration of dividends on its outstanding Series CC preferred stock. As of June 30, 2024, the firm reported $4.1 trillion in assets and $341 billion in stockholders' equity. JPMorgan Chase is a leading U.S.-based financial services firm with global operations, specializing in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management. The company serves millions of customers in the U.S. and prominent corporate, institutional, and government clients worldwide under the J.P. Morgan and Chase brands.

Positive

• Declaration of dividends on Series CC preferred stock
• $4.1 trillion in assets as of June 30, 2024
• $341 billion in stockholders' equity as of June 30, 2024
• Leading position in multiple financial service sectors
• Extensive customer base in the U.S. and globally

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series CC preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341 billion in stockholders’ equity as of June 30, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240913853316/en/

Investor Contact:

Mikael Grubb

212-270-2479

Media Contact:

Joseph Evangelisti

212-270-7438

Source: JPMorgan Chase & Co.

FAQ

What dividends did JPMorgan Chase (JPM) declare in its recent announcement?

JPMorgan Chase declared dividends on its outstanding Series CC preferred stock. Specific details about the dividend amount and payment date were not provided in the press release.

What were JPMorgan Chase's (JPM) total assets as of June 30, 2024?

As of June 30, 2024, JPMorgan Chase reported total assets of $4.1 trillion.

How much stockholders' equity did JPMorgan Chase (JPM) have as of June 30, 2024?

JPMorgan Chase reported $341 billion in stockholders' equity as of June 30, 2024.

What are the main business areas of JPMorgan Chase (JPM)?

JPMorgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.