{"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. 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