Author Topic: JPM - JP Morgan  (Read 109938 times)

globalfinancepartners

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Re: JPM - JPMorgan Chase & Co.
« Reply #300 on: June 28, 2018, 02:17:31 PM »
Isn't that over $31.5 Billion of capital return?  You have JPM earning $42 Billion for 2018?

JPMorgan Chase Plans Dividend Increse and $20.7 Billion Capital Repurchase Program.

Quarterly dividend up from $0.58 per common share to $0.80 per common share.

This seems low on the payout scale--I get something like 75% of 2018 earnings?


racemize

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Re: JPM - JPMorgan Chase & Co.
« Reply #301 on: June 28, 2018, 02:23:30 PM »
Isn't that over $31.5 Billion of capital return?  You have JPM earning $42 Billion for 2018?

JPMorgan Chase Plans Dividend Increse and $20.7 Billion Capital Repurchase Program.

Quarterly dividend up from $0.58 per common share to $0.80 per common share.

This seems low on the payout scale--I get something like 75% of 2018 earnings?

I was using the incremental dividend rather than the full amount, which isn't right.  So I retract, it's right at 100% on my estimate.

Viking

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Re: JPM - JP Morgan
« Reply #302 on: July 14, 2018, 05:42:55 AM »
JPM released results on Friday and they were very good. On the conference call they were asked about:
1.) the US economy; the response was ‘good and accelerating’
2.) trade policy; the response was ‘on people’s minds but not impacting decision making’
3.) flattening yield curve; the response was ‘not an issue as long as economy continues to grow’
4.) rates paid on consumer deposits; the response was ‘large institution are not raising rates paid’

The Q&A on the JPM call is alaways a good listen. https://www.jpmorganchase.com/corporate/investor-relations/quarterly-earnings.htm

The bank shares seem to be discounting an imminent recession. If a recession is not coming soon the bank stocks will do very well (as they are already cheap and earnings are growing and share buybacks will be meaningful).