|Bid||26.97 x 600|
|Ask||26.99 x 500|
|Day's Range||26.91 - 27.05|
|52 Week Range||25.85 - 32.85|
|PE Ratio (TTM)||27.42|
|Dividend & Yield||0.96 (3.57%)|
|1y Target Est||N/A|
Banks released their second round of earnings today, as Goldman Sachs (GS) and Bank of America (BAC) reported second quarter results. The shocker was a surprise lecture from JPM CEO Jamie Dimon, which is especially relevant today, as the Republicans’ vow to replace Obamacare hit a dead end, leaving only the repeal option on the table. Jamie Dimon launched an all-out attack on Washington gridlock, incensed by the partisan divide he feels has held back the economy.
These quotes from management provide a glimpse into the company's near and long-term future.
CEO Jeff Immelt has one more chance to bring investors an earnings report they can cheer, before he hands the reins over to John Flannery.