{"id":25888,"date":"2026-02-23T17:17:42","date_gmt":"2026-02-23T22:17:42","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/jpmorgan-sticks-to-105b-spending-plan-sets-17-profit-goal\/"},"modified":"2026-02-23T17:17:42","modified_gmt":"2026-02-23T22:17:42","slug":"jpmorgan-sticks-to-105b-spending-plan-sets-17-profit-goal","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/jpmorgan-sticks-to-105b-spending-plan-sets-17-profit-goal\/","title":{"rendered":"JPMorgan Sticks to $105B Spending Plan, Sets 17% Profit Goal"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

JPMorgan Chase announced Monday it will stick with its annual spending budget of $105 billion while setting a goal of achieving a 17% return on tangible common equity, the nation’s biggest bank told investors.<\/p>

During a presentation to investors in New York, bank officials expressed optimism about their financial outlook. “We remain confident in achieving our longer-term ambitions,” the banking giant stated.<\/p>

The return on tangible common equity figure represents an important measure of how well a financial institution uses its physical assets to create sustained profits over time.<\/p>

Last month, JPMorgan announced fourth-quarter earnings that surpassed what financial analysts had predicted, with the bank’s trading division capitalizing on market turbulence. According to LSEG information, the financial institution exceeded Wall Street earnings projections during each quarter of the previous year.<\/p>

The bank’s stock performance showed strong gains of 34.4% in 2025, doing better than both the index that tracks major U.S. banking institutions and the overall stock market benchmark.<\/p>

Following the announcement, JPMorgan shares showed slight increases in after-hours trading sessions.<\/p>","protected":false},"excerpt":{"rendered":"

The nation’s largest bank JPMorgan Chase announced it will maintain its annual spending budget at $105 billion while targeting a 17% return on tangible equity. The bank expressed confidence in meeting its long-term financial objectives during a Monday investor presentation in New York.<\/p>\n","protected":false},"author":4,"featured_media":25887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-25888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771885061571.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-6Jy","jetpack-related-posts":[{"id":51830,"url":"https:\/\/tvdelmarva.com\/wp\/citigroup-earnings-surge-42-on-trading-revenue-boost-from-global-market-swings\/","url_meta":{"origin":25888,"position":0},"title":"Citigroup Earnings Surge 42% on Trading Revenue Boost from Global Market Swings","author":"Admin","date":"April 14, 2026","format":false,"excerpt":"Citigroup reported a significant 42% increase in first-quarter profits, driven by heightened trading activity amid global market volatility. The bank's earnings of $3.06 per share exceeded expectations as geopolitical tensions and market uncertainty boosted trading volumes across multiple asset classes.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776169374002.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":70406,"url":"https:\/\/tvdelmarva.com\/wp\/jpmorgan-seeks-to-transfer-risk-on-4b-in-private-equity-loans\/","url_meta":{"origin":25888,"position":1},"title":"JPMorgan Seeks to Transfer Risk on $4B in Private Equity Loans","author":"Admin","date":"May 22, 2026","format":false,"excerpt":"Major Wall Street bank JPMorgan is reportedly working to shift risk on over $4 billion in loans tied to private equity funds. The move comes as investor confidence in private credit has declined amid concerns about lending practices and potential market disruptions.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779427388879.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25990,"url":"https:\/\/tvdelmarva.com\/wp\/jamie-dimon-plans-to-stay-as-jpmorgan-chase-ceo-for-several-more-years\/","url_meta":{"origin":25888,"position":2},"title":"Jamie Dimon Plans to Stay as JPMorgan Chase CEO for Several More Years","author":"Admin","date":"February 23, 2026","format":false,"excerpt":"The head of America's biggest bank announced Monday he intends to continue leading JPMorgan Chase for several more years. Jamie Dimon made the announcement during the bank's investor meeting in New York.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771893936943.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":31453,"url":"https:\/\/tvdelmarva.com\/wp\/british-metro-bank-aims-to-triple-profits-over-next-year-and-half\/","url_meta":{"origin":25888,"position":3},"title":"British Metro Bank Aims to Triple Profits Over Next Year and Half","author":"Admin","date":"March 4, 2026","format":false,"excerpt":"Metro Bank in the United Kingdom announced ambitious financial goals on Wednesday, projecting significant profit increases through 2028. The British financial institution plans to more than double its returns within six months and triple them over the next 18 months.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772613171866.jpg?fit=450%2C316&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":39098,"url":"https:\/\/tvdelmarva.com\/wp\/jpmorgan-launches-financial-program-to-help-athletes-manage-sudden-wealth\/","url_meta":{"origin":25888,"position":4},"title":"JPMorgan Launches Financial Program to Help Athletes Manage Sudden Wealth","author":"Admin","date":"March 18, 2026","format":false,"excerpt":"JPMorgan Chase is creating specialized wealth management services for athletes at all levels, from college students earning NIL money to retired pros. The program aims to prevent financial disasters that have affected many athletes who earned millions but later filed for bankruptcy.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773869923777.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773869923777.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773869923777.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773869923777.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":63092,"url":"https:\/\/tvdelmarva.com\/wp\/citigroup-sets-higher-profit-goals-through-2028-under-frasers-leadership\/","url_meta":{"origin":25888,"position":5},"title":"Citigroup Sets Higher Profit Goals Through 2028 Under Fraser’s Leadership","author":"Admin","date":"May 7, 2026","format":false,"excerpt":"Citigroup announced Thursday it's aiming for stronger profitability targets of 11% to 13% by 2027-2028, banking on CEO Jane Fraser's major restructuring efforts. The financial giant has seen its stock price climb more than 80% since Fraser took charge in March 2021.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778156542983.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/25888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=25888"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/25888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/25887"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=25888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=25888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=25888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}