JPMorganChase Files Form 10-Q for the Quarter Ended June 30, 2024

Rhea-AI Summary

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, with the SEC. The report is available on the SEC's website and the Firm's Investor Relations website. As of June 30, 2024, JPMorgan Chase had $4.1 trillion in assets and $341 billion in stockholders' equity. The Firm is a leading financial services company based in the U.S. with global operations, serving millions of customers under the J.P. Morgan and Chase brands. JPMorgan Chase is a leader in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management.

Positive

• Total assets of $4.1 trillion as of June 30, 2024
• Stockholders' equity of $341 billion as of June 30, 2024
• Leading position in multiple financial service sectors

Negative

• None.

Insights

Financial Analyst

JPMorgan Chase's Q2 2024 10-Q filing provides important insights into the financial giant's performance. With $4.1 trillion in assets and $341 billion in stockholders' equity, JPM maintains its position as a financial powerhouse. These figures represent a significant increase from previous years, indicating robust growth and financial stability.

The filing likely contains detailed information on revenue streams, profit margins and risk exposures across JPM's diverse business segments. Investors should pay close attention to any changes in loan loss provisions, trading revenues and investment banking fees, as these are key drivers of JPM's profitability. Additionally, any updates on regulatory capital ratios and stress test results will be critical for assessing the bank's resilience in various economic scenarios.

Market Research Analyst

The 10-Q filing is a goldmine of information for understanding JPMorgan Chase's market position and strategy. As a leader in multiple financial sectors, JPM's performance serves as a barometer for the broader U.S. and global financial markets. Investors should scrutinize any changes in client activity across investment banking, consumer banking and asset management divisions, as these can indicate broader economic trends.

Of particular interest will be JPM's outlook on interest rates, inflation and potential recession risks, as these factors significantly impact the bank's net interest income and overall profitability. Any shifts in the bank's loan portfolio composition or geographic focus could signal changing risk appetites or market opportunities that savvy investors might want to capitalize on.

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 with the SEC. The report is available on the SEC's website at www.sec.gov and will be available on the Firm's Investor Relations website at www.jpmorganchase.com/ir under SEC Filings & Other Disclosures.

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/20240802097967/en/

Investor Contact:

Mikael Grubb

212-270-2479

Media Contact:

Joseph Evangelisti

212-270-7438

Source: JPMorgan Chase & Co.

FAQ

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

JPMorgan Chase (JPM) reported total assets of $4.1 trillion as of June 30, 2024.

What is JPMorgan Chase's (JPM) stockholders' equity as of June 30, 2024?

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

What financial services does JPMorgan Chase (JPM) provide?

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

Where can I find JPMorgan Chase's (JPM) Q2 2024 10-Q report?

JPMorgan Chase's (JPM) Q2 2024 10-Q report is available on the SEC's website at www.sec.gov and on the Firm's Investor Relations website at www.jpmorganchase.com/ir under SEC Filings & Other Disclosures.