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JPMORGAN CHASE & CO.

(JPM)
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JPMorgan Chase Buys College Financial Planning Platform Frank

09/21/2021 | 11:04am EDT

By Colin Kellaher

JPMorgan Chase & Co. on Tuesday said it has acquired college financial-planning platform Frank for an undisclosed amount.

The New York bank said Frank, which offers a streamlined federal financial-aid application process and a marketplace of discounted college-level courses for transferable credit, currently serves more than 5 million students at more than 6,000 higher-education institutions across the U.S.

JPMorgan said Frank's founder and chief executive, Charlie Javice, will continue to lead the brand. Ms. Javice will also join JPMorgan as head of student solutions on its digital products team.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

09-21-21 1103ET

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Financials (USD)
Sales 2021 123 B - -
Net income 2021 44 986 M - -
Net Debt 2021 - - -
P/E ratio 2021 11,5x
Yield 2021 2,21%
Capitalization 508 B 508 B -
Capi. / Sales 2021 4,14x
Capi. / Sales 2022 4,16x
Nbr of Employees 265 790
Free-Float 71,8%
Chart JPMORGAN CHASE & CO.
Duration : Period :
JPMorgan Chase & Co. Technical Analysis Chart | JPM | US46625H1005 | MarketScreener
Technical analysis trends JPMORGAN CHASE & CO.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 171,78 $
Average target price 172,51 $
Spread / Average Target 0,43%
EPS Revisions
Managers and Directors
James Dimon Chairman & Chief Executive Officer
Gordon A. Smith Co-President & Co-Chief Operating Officer
Daniel E. Pinto Co-President & Co-Chief Operating Officer
Jeremy Barnum Chief Financial Officer
Lori A. Beer Chief Information Officer
Sector and Competitors