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Essay / Investments in a profitable business: Jp Morgan
JP Morgan Chase Company (JPM) is an American bank that provides international investments and monetary facilities. The bank was established in 2000 and is headquartered in New York, United States. Although the bank was established recently, it was founded on the basis of previous banks and the first of them was founded in 1799. JPM is considered the largest bank in the United States of America and the bank ranks sixth among all banks in the world. compared to total assets of $2.535 trillion in 2018. Based on market capitalization, JPM is the most valuable bank in the world. Experts are divided on the need to invest in JPM. Several experts say people should not invest in chasing JP Morgan because its profits and losses are not guaranteed. On the contrary, based on financial statistics, experts believe that JPM is profitable and maintains a stable stock price. Investors should probably invest in JP Morgan Chase for two reasons: JPM is a profitable company and its shares are valuable. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essayAn important argument why people should invest in JPMorgan Chase is that the bank is a profitable business. This is evident from the bank's performance in the pre-crisis to post-crisis period. Its performance remained profitable despite the international economic crisis. It had been claimed that JP Morgan Chase's growth was 67% despite the economic recession. Additionally, JP Morgan Chase has more than 1,000 organizations, including JP Morgan Manhattan Chemical Manufacturing Company, National Bank and First Bank. Which have been linked to innovation and growth in the US and global economy. The above figure obviously shows that JP Morgan Chase's total return increased by 133% compared to the second largest bank, Wells Fargo, which saw an increase of 95.89%. in full return. The bank's profit increased by 19% to $3.96 billion alongside revenue growth of 9% to a total of $13.8 billion. There was an increase in profit relative to bonds and an increase in credits and car loans. However, there was no change in credit losses from the previous year of $1.3 billion. This tells us that JPM Chase is a solid bank and that investors should feel comfortable using the bank in their investments. This concludes that the performance of the bank and its growth over time constitutes a major justification for advising investors to invest in JPM. Another important reason to invest in JPM is the high value of its shares, which can lead to a positive return for investors. This positive return is a great reason why investors should invest in this bank. The essential objective of JPM is to develop its strong value so that customers will invest widely in this company as a leading stock market bank. Furthermore, in JP Morgan's pursuit, the largest profits come from banking investments and consumer and community banking. In addition to these characteristics, stable growth over the years provides profits, supports the strength of the stock and increases its value. JPM has proven to investors its ability to maintain the value of stocks and even improve them. JPM's current annual dividend.