Back to top

Image: Bigstock

JPMorgan Chase & Co.

Read MoreHide Full Article

JPMorgan's shares have significantly outperformed the industry over the past year. This price performance is backed by impressive earnings surprise history, with the company surpassing the Zacks Consensus Estimate in each of the trailing four quarters. The bank’s efforts to expand into new markets, focus on card business, higher interest rates and rising loan demand will likely continue to benefit its financials. Also, lower tax rates will aid profitability in the quarters ahead. Further, enhanced capital deployment plan reflects strong balance sheet. However, fee income growth challenges (mainly due to a slowdown in capital market activities and dismal mortgage banking performance) remains a major concern for the company. Also, litigation hassles make us apprehensive.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


JPMorgan Chase & Co. (JPM) - free report >>

Published in