JPMorgan Chase & Co: 4 directors

Four Directors at JPMorgan Chase & Co sold 32,574 shares at between 246.921USD and 247.031USD. The significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ov...

Moody's Ratings affirms JPMorgan Chase's servicer quality (SQ) assessm...

Moody's Ratings (Moody's) has affirmed the SQ2+ servicer quality assessments for JPMorgan Chase Bank, N.A. ("Chase") as a servicer of prime and subprime residential mortgage loans. We also affirmed the company's servicer quality assessment of SQ2+ as a master servicer. As of June 2024, the company...

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Vermilion Macro Vision: Sector Synopsis

STRATEGY Market dynamics remain risk-on, and our outlook remains bullish as long as the S&P 500 remains above 5850 and 5600-5670. Shorter-term, the S&P 500 remains above the prior bull flag support (currently 5900) that we have discussed over the past two weeks in our Compass reports, and is coiling for a likely breakout above 6100 resistance. As discussed throughout the first half of January in our Compass reports, we continue to believe that tariffs will mostly be used as a negotiation tacti...

In-Payments: X Money and Musk: risks to PayPal (Venmo), Cash App and p...

X announced last week it was partnering with Visa to develop a real-time payment system in the US. Through Visa Direct, X Money Account will support an in-platform digital wallet and peer-to-peer payments connected to users’ debit cards, with an option to transfer funds to a bank account.

JPMorgan Chase Bank, N.A.: Originator of Prime Jumbo Loans

Originator assessment of JPMorgan Chase Bank, N.A.

PayPal (BUY, TP: $100, +25%) - Solid beat at Q4; branded concerns appe...

PayPal reported another solid quarter, coming in ahead of expectations: 4% at transaction margin $ and 6% at non-GAAP EPS. Guidance for FY 25 suggests a small uplift to TM$ and EPS for the street though the bears seem (still) very focused on branded TPV growth.

Dropping Coverage

Bank of America Corporation: Q4 earnings rose on solid revenue growth,...

Net income was far stronger than a year ago, when results were hit by unusual charges. Revenue growth was solid, but revenue-related expense and franchise investments drove costs higher.

JPMorgan Chase & Co.: Franchise diversification drives a credit positi...

JPM's scale and diversification leave it in solid shape to navigate economic cycles and uncertainties.

In-Payments: a new bi-weekly blog! Paze to be Fastlane? Click to Pay ...

To kick off 2025 we’re launching “In-Payments”, a bi-weekly blog which will leverage off recent news flow for a quick dive into what we see as key themes to be tracking across the Payments and broader Fintech space.

Bank of America Corporation: Update following ratings affirmation

Our credit view of this issuer reflects a more conservative risk appetite than many peers, offset by its modest increase in utilization of short-term funding over the past year.

PYPL US (BUY, TP: $100, +12%) SQ US (Neutral, TP $70 - UR) CFPB overs...

The Consumer Financial Protection Bureau (CFPB) issued a finalized version of a rule at the end of last week, saying it will soon supervise non-bank firms, including PayPal and Block, that offer financial services. With an inbound Trump, does this still matter?

JPMorgan Chase & Co.: Update to credit analysis following change in ou...

Our credit view of this issuer reflects its bolstered capital ratios in anticipation of regulatory changes, offset by its large absolute size of the bank's capital markets activities.

Moody's Ratings affirms JPMorgan Chase Bank, N.A.'s prime jumbo origin...

Moody's Ratings (Moody's) has affirmed JPMorgan Chase Bank, N.A.'s (Chase) prime jumbo residential mortgage originator assessment at Above Average. Chase's Home Lending operation is headquartered in Columbus, Ohio. The company originates and purchases prime jumbo residential mortgage loans through...

PYPL US (BUY, TP: $100, +25%) PayPal - Pillar Two tax / EPS risk for F...

We spoke to PayPal today for a broader Q3 wrap but specifically also to focus on Pillar Two, given this tax angle is the current topic du jour (and following Mastercard’s guide last week) and given market whispers that 10% of PayPal EPS could be at risk from FY 25. Such extreme estimates seem a stretch.

Money 20/20 USA - Key takeaways

While still recovering from the whirlwind of information we’re taking an initial crack at summarizing some of the key takeaways from attending the annual Money 20/20 USA jamboree in Las Vegas last week. While the subject of many discussions was quite predictable—did anybody mention AI?— insight came from conversations around ROI considerations for AI, Open banking/finance use cases and compliance, Real-time payments and the ever-present issue of Fraud.

PYPL US (BUY, TP: $100, +25%) Healthy Q3 beat; sneak preview for FY 25...

PayPal reported solid Q3s, coming in ahead of expectations: 4% at transaction margin $ and 11% at non-GAAP EPS. FY guidance for 2024 was lifted, and consensus will move up, although less so for Q4 once higher higher investment costs are factored in.

Bank of America Corporation: Q3 earnings decline, but headwinds from r...

Although Bank of America’s earnings were down 12% from a year ago they were unchanged from Q2, suggesting its earnings trajectory may have reached an inflection point.

5 Things to Know in Investing this Week - The Rising Price of Commodit...