JPMorgan Chase & Co. (NYSE:JPM) is set to report its quarterly earnings on Wednesday morning. The stock has been beaten down with its peers in the financial sector even as JP Morgan had spectacular earnings last quarter. For this most recent quarter earnings are expected to come in at $0.88 per share on average.
JP Morgan's stock price resides at $40.40 as investors bid the price up 1.69% on Tuesday.
JPMorgan Chase & Co. is a financial holding company. JPMorgan Chase’s principal bank subsidiaries are JPMorgan Chase Bank, National Association, a national banking association with United States branches in 23 states, and Chase Bank USA, National Association, a national banking association that is the Firm’s credit card-issuing bank. JPMorgan Chase’s principal nonbank subsidiary is J.P. Morgan Securities Inc., its United States investment banking firm. Its activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & securities services and Asset Management. Its wholesale businesses comprise the Investment Bank, Commercial Banking, Treasury & Securities Services and Asset Management segments. Its consumer businesses comprise the Retail Financial Services and Card Services segments.
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