JPMorgan Chase & Co. - JPM STOCK NEWS

J.P. Morgan Payments has expanded its partnership with Oracle, introducing new and enhanced product integrations across Oracle platforms. These integrations aim to streamline payments for treasury, trade, and commerce operations. Key enhancements include:

1. Banking Services: Real-time cash balance visibility
2. Touchless Expense: Faster expense report creation using near real-time data
3. Supply Chain Finance: Working capital optimization
4. Commerce Suite: Streamlined in-store merchant payments

The expanded partnership allows clients to access J.P. Morgan Payments offerings directly from Oracle Cloud applications, enabling quicker implementation with minimal IT effort. In 2023, J.P. Morgan Payments reported $18.3 billion in revenue, a 31% increase from 2022.

JPMorgan Chase (NYSE: JPM) has announced its upcoming third-quarter 2024 earnings call, scheduled for Friday, October 11, 2024, at 8:30 a.m. (EDT). The financial results will be released at approximately 7:00 a.m. (EDT). Investors and the public can access the live audio webcast and presentation slides on the company's website. JPMorgan Chase will also use social media platforms @JPMorgan and @Chase on Twitter to notify the public about the release of financial results.

The earnings call can be accessed via phone at 1 (888) 324 3618 in the U.S. and Canada, or +1 (312) 470 7119 for international callers, using passcode 1364784#. A replay will be available via webcast and by telephone until October 25, 2024. As of June 30, 2024, JPMorgan Chase reported $4.1 trillion in assets and $341 billion in stockholders' equity.

The Women Presidents Organization (WPO) and Women Elevating Women (W.E.W.) have announced the winners of the 2024 Entrepreneurial Women of Impact Awards, sponsored by JPMorgan Chase Commercial Banking. The awards recognize 24 outstanding women business leaders across North America for their professional achievements and community contributions.

The ceremony will take place on September 11, 2024, in Philadelphia. Winners include entrepreneurs from various industries and locations, such as Nisha Balwani from RCI Technologies, Vanessa Best from Precision HealthCare Consultants, and Tanya Biggers from Big Star Transit,

The awards highlight the resilience, innovation, and dedication of women of color in business leadership. Camille Burns, CEO of WPO, and Betty Hines, Founder and CEO of W.E.W., emphasized the importance of recognizing these women's contributions to their businesses and communities.

J.P. Morgan Asset Management has announced the liquidation and dissolution of two exchange-traded funds: JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BBIP) and JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA). The last day of trading for both funds on Cboe BZX Exchange is October 18, 2024, with liquidation set for October 25, 2024.

Shareholders can continue trading until the de-listing date. Those holding shares on the liquidation date will receive cash equal to the net asset value of their shares. This may result in capital gains or losses for taxable accounts. J.P. Morgan Asset Management, with $3.3 trillion in assets under management as of June 30, 2024, is a global leader in investment management.

J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) has closed a $62.4 million mortgage loan for the acquisition of Satori West Ashley, a 297-unit multifamily property in Charleston, SC. This marks JPMREIT's second real estate debt investment, increasing its portfolio allocation to income-focused real estate debt to approximately 18%. The Class-A property, built in 2023, features high-end finishes and extensive amenities.

Doug Schwartz, Co-President of JPMREIT, expressed high conviction in the multifamily sector, particularly in markets with expected population growth and a decreasing construction pipeline. The transaction aims to generate strong risk-adjusted returns and demonstrates JPMREIT's ability to invest across the capital structure.

JPMorgan Chase Financial Company has announced the quarterly coupon for the Alerian MLP Index ETN (NYSE Arca: AMJB) due January 28, 2044. The key details are:

• Ticker: AMJB
• Declaration Date: Aug 22, 2024
• Ex-Date: Aug 28, 2024
• Record Date: Aug 28, 2024
• Payment Date: Sep 6, 2024
• Coupon Amount per Note: $0.4415
• Current Yield: 6.2%

The Notes are senior, unsecured obligations of JPMorgan Chase Financial Company , with payment fully guaranteed by JPMorgan Chase & Co. The current yield is based on the closing price as of August 20, 2024, and is not indicative of future coupon payments.

JPMorgan Chase & Co. (NYSE: JPM) has made an announcement regarding its preferred stock, with details available on the company'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 United States, with global operations.

JPMorgan Chase is a leader in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management. Under the J.P. Morgan and Chase brands, the company serves millions of U.S. customers and prominent corporate, institutional, and government clients worldwide.

JPMorgan Chase (NYSE: JPM) has announced dividend declarations for its outstanding Series X and II preferred stock. As of June 30, 2024, the firm boasted $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, excelling 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 clients worldwide under the J.P. Morgan and Chase brands.

J.P. Morgan Asset Management has unveiled SmartRetirement Lifetime Income, an innovative retirement income solution designed to simplify the saving and spending phases of retirement. This target date offering aims to reduce portfolio volatility near retirement and provide access to lifetime income payments through unaffiliated insurance companies.

Key features include:

• A stable value structure for income generation
• Transparency and flexibility for retirement savers
• Personalized retirement income strategy
• Support from multiple insurers, including Equitable and Prudential

The solution allows participants to save using familiar target date funds and transition to a personalized retirement income strategy. It's based on J.P. Morgan's proprietary data on participant savings and Chase's spending data across 66 million U.S. households.