|Price Range 12mo avg:||$451K – $5.6M|
|$/sf 12mo avg:||$665.98|
|CAP Rate 12mo avg:||5.04%|
|Lease Terms:||16yrs NNN|
|Building Size avg:||3,800 SF|
|Lot Size avg:||1+/- acres|
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. We are the neighborhood bank for thousands of communities across the country. We serve approximately one of out of every six Americans through more than 5,500 bank branches; 18,000 ATMs; mortgage offices; online and mobile banking; as well as relationships with auto dealerships, schools and universities.
- Serves 21 million households with consumer banking relationships.
- Services 7 million mortgage and home equity loans.
- Offers investment products and solutions to more than 1.6 million customers.
- Provides more than $50.3 billion in financing and lending to metropolitan-area governments and non-profits across the country.
With such a broad range of businesses, our mission at Chase is quite simple: to be the industry leader in customer service. And we have more than 160,000 employees across the world to help us achieve it.
|S&P Credit Rating:||A+|
|Moody’s Credit Rating:||A3|
|Annual Revenue 2014:||$94.2B|
|Annual Revenue 2013:||$96.6B|
|Revenue Growth:||↓ 2% from 2013|
|Units (Dec. 2014)||5,719|
|Average Units Volume:||$4.1M|
Number of Units only accounts for Bank Branches. Average Units Volume includes Branches, ATM and mortgage offices.
Yahoo! Finance: JPM News Latest Financial News for JPM
Week’s Best: Wells Fargo Advisor Headcount Drops 7.6% From a Year Ago
on April 16, 2021 at 10:15 pm
Advisors continue to exit (WFC) wealth and investment management unit. The bank attributed some departures to international-focused advisors reacting to Wells Fargo’s decision to stop serving clients living outside the U.S., and some to the industrywide trend of a graying—and retiring—workforce. One recent departee is Lisa Quadrini, who has joined Brandywine Oak Private Wealth, a registered investment advisor with offices in Kennett Square, Pa., and Kiawah Island, S.C. The RIA was launched by a breakaway Merrill Lynch team that Quadrini worked with during a stint at Merrill. […]
Oil Has Best Week Since Early March on Improving Demand Outlook
on April 16, 2021 at 7:32 pm
(Bloomberg) -- Oil posted the biggest weekly gain since early March as economic data in the U.S. and China strengthened expectations for a recovery in global fuel demand.Futures in New York advanced 6.4% this week, despite eking out a small loss on Friday. On the heels of robust economic figures out of the U.S., data from China showed its gross domestic product climbed 18.3% in the first quarter from a year prior as consumer spending beat forecasts. In March, China’s refiners processed about 20% more crude than a year earlier, pointing to the strength of the country’s rebound.JPMorgan Chase & Co. analysts brought forward their forecast for the global benchmark Brent hitting $70 a barrel again by four months to May, with a boost in U.S. demand likely bringing inventories for countries of the Organization for Economic Co-operation and Development in line sooner than expected.“The world’s two largest economies are starting to really shine, and despite difficulties in Europe, they’re starting to get vaccinations going as well,” said Edward Moya, senior market analyst at Oanda Corp. “Having Europe, China and the U.S. for the most part looking at a return to normalcy, that speaks wonders for the demand outlook, which is very supportive for higher prices.”Prices this week escaped the narrow trading range they had been in for nearly a month, with upbeat developments out of the world’s two largest economies helping lift the outlook for demand. The International Energy Agency joined the world’s major oil organizations in boosting its consumption forecasts earlier this week, with the IEA citing the improving situation in U.S. and China.In Asia, a Chinese mega-refiner and some Japanese oil companies have been snapping up crude cargoes, boding well for the physical market. With Asian buying picking up, gauges of market strength have also climbed. Brent’s nearest timespread was in a bullish backwardation of 48 cents a barrel on Friday, compared with as little as 37 cents on Wednesday.“We’re closing the gap on gasoline and jet fuel,” said Peter McNally, global head for industrials, materials and energy at Third Bridge. “International travel is not coming back this summer, but as far as the two biggest markets go -- China and the U.S. -- it’s encouraging.”Commodities faced a broad-based surge this week, with oil and metals both topping key technical levels alongside a weaker dollar and lower U.S. Treasury yields. The 23-member Bloomberg Commodity Spot Index broke out to the highest since late February after hedge funds trimmed their net bullish positions for six straight weeks.While the oil market is facing an increase in supply in the coming months, although the Organization of Petroleum Exporting Countries said this week that rising demand should allow for global stockpiles to deplete. Exports of Russia’s flagship Urals crude are set to rise sharply in the first five days of May, a move that pressured swap markets tied to the grade.Complicating the picture, talks are continuing between Iran and world powers over the revival of a 2015 nuclear agreement, a return to which could see the U.S. lift sanctions on the Persian Gulf nation’s oil exports. Still, progress on the talks has been uncertain in recent days.Despite strong recovery signals from China and the U.S., Covid-19 continues to slow growth elsewhere. In India, refineries are diverting oxygen produced at their plants to hospitals to help battle a serious second wave, which has led to fuel sales tumbling during the first half of April compared with a month earlier.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. […]
How the Venmo Debit Card May Save PayPal
on April 16, 2021 at 6:02 pm
With Apple Pay Cash, Cash App, and Google Pay the tech industry leaders have made it easier than ever to exchange money online by integrating money transfer services with personal devices, and social media. For a time, it looked as though smartphones would become the new wallets, but then came Venmo. Venmo is the mobile application that turned personal financing into a social platform. […]
The Fed can face a ‘credibility issue’ in the coming months: Expert
on April 16, 2021 at 5:32 pm
Tom Essaye, Founder and President of Sevens Report Research, joins Yahoo Finance’s Kristin Myers and Alexis Christoforous to discuss market outlook, bank earnings, and the latest economic data. […]
Morgan Stanley beats on investment banking surge, BNY Mellon tops estimates
on April 16, 2021 at 1:18 pm
Yahoo Finance’s Brian Cheung breaks down Morgan Stanley’s and BNY Mellon’s first quarter earnings, along with key take aways from this week’s earnings on big banks. […]