An update from JPMorgan Chase & Co. ( (JPM) ) is now available.
JPMorgan Chase & Co. announced the Board’s approval of a $39 million annual compensation package for CEO James Dimon for 2024, up from $36 million the previous year, reflecting the firm’s strong financial performance. In 2024, the firm reported record revenue of $180.6 billion and net income of $58.5 billion, with a common equity Tier 1 ratio of 15.7%, continuing to invest in long-term strategic initiatives amid a challenging global economic environment. Additionally, Mr. Dimon plans to sell approximately 1 million shares of his JPMorgan stock holdings for diversification and tax purposes.
More about JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading financial services firm offering investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. The company primarily serves customers in the United States and globally caters to prominent corporate, institutional, and government clients.
YTD Price Performance: 10.29%
Average Trading Volume: 9,348,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $740.5B
See more data about JPM stock on TipRanks’ Stock Analysis page.
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