5 Most Profitable Bank Stocks To Invest In

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1. JPMorgan Chase & Co. (NYSE:JPM)

Latest TTM Net Income: $49.49 billion

Number of Hedge Fund Holders: 109

JPMorgan Chase & Co. (NYSE:JPM) is a prominent American multinational financial services corporation with its headquarters in New York City and incorporation in Delaware. It stands as one of the largest holding companies in the United States and holds the distinction of being the country’s largest bank.

On December 12, JPMorgan Chase & Co. (NYSE:JPM) announced a quarterly dividend of $1.05 per share on its outstanding common stock. The dividend is set to be paid on January 31, 2024, to stockholders of record as of the close of business on January 5, 2024.

As of the close of Q3 2023, 109 hedge funds in Insider Monkey’s database owned stakes in JPMorgan Chase & Co. (NYSE:JPM), up from 106 a quarter earlier. The consolidated value of these stakes is more than $6.6 billion.

You can also look at the 13 Cheap Value Stocks To Buy According To Warren Buffett and the 12 Best Value Stocks To Buy According To Warren Buffett.

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