11:02 AM EDT, 05/20/2025 (MT Newswires) -- JPMorgan Chase's ( JPM ) investor day emphasized its disciplined approach to return on equity, with efficient business growth and ensuring resiliency through long-term investments, BofA Securities said in a note on Tuesday.

CEO Jamie Dimon is expected to remain in his role for another 3 to 4 years, potentially followed by a transition to executive chairman, which "removes the single biggest idiosyncratic risk factor", according to the note.

BofA said that JPMorgan's ( JPM ) management signaled openness to mergers and acquisitions to deploy about $57 billion in excess capital and target areas may include wealth management, private banking, payments, and international expansion.

The management is focusing on controlling headcount and moderating technology expenses to reduce core expense growth to low single digits, the firm added.

BofA raised the price objective on JPMorgan's ( JPM ) stock to $300 from $281 and reiterated its buy rating.

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