12:05 · 13 October 2020

JPMorgan extends buyback suspension until year's end

JPMorgan published Q3 results ahead of the Wall Street session start today. US bank generated revenue of $29.94 billion against expected $28.39 billion. EPS came in at $2.92, much better than expected $2.35. Company also reported much smaller than expected provisions for bad loans - $611 million (exp. $2.38 billion). Results look solid on the face of it but release still triggered downward move on the US futures. Why? JPMorgan decided to extend buyback suspension until the end of the fourth quarter of the year.

JPMorgan finished yesterday's trading slightly below resistance zone at $105.00, that is also marked with a 200-session moving average (purple line). Decision to extend buyback suspension may weigh on share price during today's trading. Source: xStation5

27 July 2026, 07:58

Economic Calendar: What you need to watch closely this week❓ (27.07.2026)

27 July 2026, 06:28

Morning Wrap: The weekend slump in oil prices is accelerating 💥 (27.07.2026)

24 July 2026, 18:55

Daily Summary: Equities Diverge as Tech Lags, Europe Rallies on Earnings & PMIs (24.07.2026)

24 July 2026, 15:22

US OPEN: Nasdaq hits 1-month low! Geopolitics bring AI trade down!

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.