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Bank stocks struggled today as investors grew more concerned about the economy and the strength of consumers. Shares of JPMorgan Chase (JPM -4.46%), the largest bank in the U.S. by assets, fell 4.5%.

JPMorgan Chase, Costco, SAP and Gencor Industries are included in this Analyst Blog.

JPMorgan Chase reportedly began a round of layoffs that is expected to affect fewer than 1,000 employees. The bank began notifying the affected employees last week and will continue to do so through the end of February, Reuters reported Wednesday (Feb. 12), citing unnamed sources.

JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.

JPMorgan Chase's managers began notifying employees of job cuts last week as part of a series of layoffs the bank plans to make throughout 2025, Barron's reported on Wednesday, citing people familiar with the matter.

JPMorgan's Q4 results showed strong financial performance with a net profit of $14B, making its common stock attractive despite a 13x earnings multiple. The Series LL preferred shares offer a 5.64% dividend yield with low call risk, making them a stable income source amid potential lower interest rates. The preferred dividends are well covered, requiring less than 2% of net profit, indicating excellent financial health and reliability for preferred dividend investors.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--JPMorganChase plans to triple the number of branches in Alabama and hire an additional 170 bankers by 2030 as part of the firm's broader efforts to increase access to financial services across the state. The expansion will bring the total number of Chase branches in Alabama to 35, putting more than half of the state's population within an accessible drive time to a Chase branch. “Alabama is a vibrant state with a strong manufacturing economy, good small busine.

Billionaire Chase Coleman has been investing in the high-flying tech sector for decades. He started working under investing legend Julian Robertson and his fund Tiger Management, making Coleman a so-called Tiger cub as one of the former Tiger Management employees who would go on to launch their own hedge funds.

JPMorgan Chase produced one of the best quarterly results of its peer growth relative to expectations. Underlying conditions are improving, and management meaningfully boosted net interest income guidance for 2025, but regulatory reform could be an even bigger boost to longer-term growth and profitability. JPMorgan has multiple drivers for long-term growth, including organic branch expansion, growth in capital markets, payments, and asset management, and tech-driven share takeaway.

Shares of JPMorgan Chase (JPM -0.07%) are up a fantastic 55% over the past year, strongly outperforming the S&P 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.