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Shares of JPMorgan Chase fell sharply on Friday after the company missed analysts' earnings estimates. But is that miss the whole story?
In this video from Monday's Where the Money Is, Motley Fool financial analyst Matt Koppenheffer sifts through the earnings conference call for some of the key pieces of rationale behind leadership's decision-making process this quarter. A key philosophical theme he highlights is JPMorgan's unwillingness to aggressively chase growth at the expense of discipline.
Matt highlights some of the accolades CEO Jamie Dimon received for his conservative approach going into the credit crisis, which led JPMorgan to weather the storm better than some of the other large banks. Matt further points out that this philosophy applies to the bank and its strategies today in the highly competitive commercial and industrial loan atmosphere.
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The article You're Hating JPMorgan for the Wrong Reasons originally appeared on Fool.com.
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