JPMorgan Chase Cash on Hand 2010-2024 | JPM (2025)

FAQs

What is J.P. Morgan's cash on hand for 2024? ›

JPMorgan Chase cash on hand for the quarter ending June 30, 2024 was $1,647.084B, a 14.22% increase year-over-year. JPMorgan Chase cash on hand for 2023 was $1440.91B, a 7.8% increase from 2022. JPMorgan Chase cash on hand for 2022 was $1336.625B, a 6.93% decline from 2021.

Cash on Hand as of December 2022 : $567.23 B

According to JPMorgan Chase's latest financial reports the company has $567.23 B in cash and cash equivalents.

Cash-on-hand guidelines you could use:

Experts generally recommend having enough cash to cover 3–6 months of living expenses in an easily accessible account, such as a high-yield savings account. This safety net can act as a buffer against unexpected expenses like job loss, medical bills or car repairs.

JPMorgan Chase has been "effectively stockpiling" cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the Federal Reserve to boost interest rates, Dimon said Monday during a conference.

Also check out information on the Fund's advisor, J. P. Morgan Investment Management Inc. J.P. Morgan offers a variety of accounts to meet your specific needs. In most cases, you may open a J.P. Morgan account with as little as $1,000.

Our outlook for the new year is “2024”: 2% growth, 0 recessions, 2% inflation and 4% unemployment. A soft landing remains in reach, particularly as disinflation looks set to continue and the Federal Reserve now appears satisfied with its progress.

The government has no regulations on the amount of money you can legally keep in your house or even the amount of money you can legally own overall. Just, the problem with keeping so much money in one place (likely in the form of cash) — it's very vulnerable to being lost.

Depositing $20,000 in a savings account is wise when you have a plan for the money, such as a near-term expense or rainy day fund. For long-term goals, like retirement, you might be better served by opening a brokerage account or certificate of deposit (CD).

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.

J.P. Morgan is a marketing name for investment businesses of JPMorgan Chase & Co. and its subsidiaries and affiliates worldwide.

Is JPM overpriced? ›

Key Points. This big bank has posted strong revenue and earnings growth, which helped propel shares higher this year. CEO Jamie Dimon is cautious about the economy's prospects. JPMorgan Chase shares appear to be overvalued right now, limiting forward return potential.

In addition to keeping funds in a bank account, you should also keep between $100 and $300 cash in your wallet and about $1,000 in a safe at home for unexpected expenses. Everything starts with your budget. If you don't budget correctly, you don't know how much you need to keep in your bank account.

Growth Slowing, but Recession Unlikely

"We're still expecting the sequential growth rates to drop sharply over the rest of 2024 and remain low through early 2025," Morningstar chief US economist Preston Caldwell wrote in his July economic outlook. He's forecasting 2.4% GDP growth for 2024 and 1.4% for 2025.

Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, John Pierpont Morgan Jr. Biographer Ron Chernow estimated his fortune at $80 million (equivalent to $2.5 billion in 2023).

Cash on Hand as of September 2022 : $71.28 B

According to Morgan Stanley's latest financial reports the company has $71.28 B in cash and cash equivalents.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm with assets of $3.9 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.