JP Morgan Chase & Co. announced a robust 13% increase in net profits to $16.5 billion for Q1 2026, despite concerns swirling around its $50 billion exposure to private credit. CEO Jamie Dimon reassured stakeholders that the bank remains insulated from broader market disruptions, while also raising price targets for major companies like Meta and Microsoft. As the bank boosts its quarterly dividend by 7% and plans to open 500 new branches by 2027, cautionary warnings about potential downside in areas like Tesla and rising expenses remain on the radar.
“The boss of JP Morgan has said that he is 'not worried' about his own bank’s $50bn (£37bn) exposure to private credit, despite recent warnings over the risks of 'shadow banking'.”
“Jamie Dimon said that JP Morgan was well insulated from any wider ructions in the private credit sector.”
“Mr Dimon was speaking as JP Morgan reported a 13pc increase in net profits to $16.5bn in the first three months of the year.”
“JP Morgan boss Jamie Dimon back at work after heart surgery.”
“JP Morgan today actually talked about I think 60% downside. They were warning about Tesla.”
“As of 2025-12-31, JP MORGAN MUTUAL FUND INVESTMENT TRUST held 6.75 Mil shares of Apple Inc(AAPL), totaling $1.84 Bil.”
“Based on historical transaction data and AAPL's current price of $266.51, JPMorgan Growth Advantage Fund's estimated gain on his AAPL holdings is $1.44 Bil.”
“This investment constitutes 8.15% of their stock portfolio.”
“In a research note, JP Morgan analyst Samik Chatterjee has maintained his recommendation on the stock with a Buy rating.”
“the bank has reached an agreement to move its Apple Card business to JP Morgan Chase.”
“JP Morgan Global TMT Conference - May 21, 2024 8:50 AM - ET”
“$META $MSFT | JP Morgan Raises Meta Target Price To $675 From $610.”
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