JP Morgan Lifts Dividend, Plans $12B Buyback

Subscribe

What do you think about this? Interesting that they didn't start buying back stock cheaper than this. I'd love to see shitty results from the stress tests, just so the Fed looks bad. Definitely a vote of confidence for the financials though. Anyone smarter than myself (i.e. anyone) want to chime in on this and maybe explain the timing?

Comments (6)

 
Mar 13, 2012 - 4:54pm

Papa Dimon making moves.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 
Mar 13, 2012 - 5:06pm

I'm wondering if a guy like Dimon (given he has one of the healthiest banks and probably wanted to do this anyway) with his connections to gov. was encouraged to go ahead and release this news ahead of Vik & Co. "failing" the stress tests to cushion the blow. Probably not, but I like the timing anyway.

Start Discussion

Total Avg Compensation

September 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (45) $323
  • Associates (255) $228
  • 3rd+ Year Analyst (37) $203
  • 2nd Year Analyst (141) $153
  • Intern/Summer Associate (133) $141
  • 1st Year Analyst (561) $129
  • Intern/Summer Analyst (543) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.3
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
Addinator's picture
Addinator
97.6
6
redever's picture
redever
97.6
7
Edifice's picture
Edifice
97.6
8
frgna's picture
frgna
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.4