JPMorgan Chase & Co (JPM) Earnings Update: May Charge-Offs at 1.53% and Delinquencies at 0.82%

JPMorgan Chase & Co on Smartkarma

Analyst coverage on JPMorgan Chase & Co by Srinidhi Raghavendra on Smartkarma indicates a bullish outlook for the company. In the report titled “[Earnings Preview] JP Morgan Poised to Outperform on Superior NIM & Fortuitous Acquisitions“, Raghavendra highlights JPMorgan’s commanding 18% share of total US bank profits. The report underscores the astute leadership and shrewd execution that have enabled JPMorgan to achieve a superior and unrivaled Net Interest Margin. With a track record of outperforming benchmarks, including the S&P and Invesco KBW Bank ETF, JPMorgan is expected to continue this trend and outperform during Q4 2023 despite challenging market conditions.

A look at JPMorgan Chase & Co Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assessed JPMorgan Chase & Co‘s outlook using their Smart Scores, which provide a rating from 1 to 5 for different aspects of the company. In terms of value and dividend, JPMorgan Chase & Co received a rating of 3, indicating a moderate outlook. The company scored a 4 for growth and momentum, suggesting a positive long-term trajectory in these areas. However, its resilience score was lower at 2, indicating potential vulnerabilities in the face of market challenges.

JPMorgan Chase & Co is a global financial services and retail banking company that offers a wide range of services including investment banking, asset management, and commercial banking. With its mixed Smart Scores, investors may need to consider the company’s growth potential and momentum alongside factors such as value and resilience when evaluating its long-term prospects in the financial market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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