JPMorgan Chase & Co. - JPM STOCK NEWS

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. The report is accessible on the SEC's website and the Firm's Investor Relations page. As of June 30, 2021, JPMorgan Chase had $3.7 trillion in assets and $286.4 billion in stockholders’ equity. The firm is a leader in various financial services, catering to millions of customers globally, including prominent corporate, institutional, and government clients.

A recent study by Chase Merchant Services indicates that 71% of Canadians intend to take road trips within Canada this August. Many are eager to travel post-lockdown, with an average planned expenditure of CAD $3,356.00, and baby boomers projecting CAD $4,225.00. Key findings include 78% preferring quiet destinations and an average trip duration of 7.3 days. Air travel interest is set to spike in November, with 55% considering flights. Health safety concerns dominate traveler expectations, including mandatory masks and contactless services.

Chase has launched the Slate Edge credit card to assist customers in achieving their financial objectives. The card features an annual percentage rate (APR) that decreases with on-time payments, a 0% introductory APR for the first year, and no annual fee. Customers can earn a $100 statement credit by spending $500 in the first 6 months, and they are automatically considered for an APR reduction and credit line increase based on their payment history. This card responds to consumer demands for tools that improve financial health.

Chase Sapphire, in collaboration with The Infatuation, launches the Sapphire Supports Restaurants Contest, providing 20 grants of $50,000 to small restaurants in the U.S. to assist in their recovery from the COVID-19 pandemic. Consumers can nominate their favorite local establishments by sharing their significance and resilience during the pandemic. Contest entries are open until August 16, 2021, and winners will be chosen based on community impact and creativity. Eligible restaurants must have fewer than 50 employees and be operational as of March 1, 2020.

JPMorgan Chase & Co. (NYSE: JPM) has announced the declaration of dividends on its Series DD, EE, GG, JJ, KK, and LL preferred stock. As of June 30, 2021, JPMorgan Chase holds $3.7 trillion in assets and $286.4 billion in stockholders’ equity, establishing itself as a significant player in investment banking and financial services globally. These announcements can be found on their Investor Relations website. The firm continues to serve a wide array of clients, enhancing its position in the financial sector.

Chase and Tock have launched a new initiative to support small restaurant and hospitality businesses impacted by COVID-19. From now until December 31, eligible business owners can receive up to $1,200 towards monthly subscription fees when they join Tock for one year and link their Chase business checking account. This offer aims to enhance access to operational tools and support growth. Additionally, existing Chase Business Banking customers will benefit from one month free and $1,000 for future fees when enrolling in the Tock Plus plan.

JPMorgan Chase & Co. reported its second-quarter 2021 financial results, showcasing robust performance in various sectors. As of June 30, 2021, the firm had $3.7 trillion in assets and $286.4 billion in stockholders’ equity. The company is recognized for its comprehensive range of financial services, including investment banking and asset management. Details on the results can be accessed on the Firm’s Investor Relations website.

Bunker Labs and JPMorgan Chase Commercial Banking have launched the inaugural CEOcircle program, aimed at supporting military-connected businesses. The program offers networking, mentorship, and master classes over twelve months, focusing on companies led by military veterans. Eligibility requires a senior military-connected executive and annual revenues exceeding $5 million. Applications are open until August 4, 2021, with no charge for participation. This initiative builds on JPMorgan's longstanding commitment to empowering veteran-owned businesses, including previous financial investments.