Today I got rid of some of my winners and shifted further into my ETFs.

I have sold:

$CL2 (-5,77 %) +5% this fine ETF, also known as holy amumbo, will be rebuilt right next week via savings plan.

$TXRH (-3,43 %) +13% whether this will not become a tenbagger in the long term and was therefore a stupid sale?

$JPM (-3,75 %) +20%

$V (-3,35 %) +25%

$CAT (-3,39 %) +26% I suspect that we are at the end of the cycle here. But who knows for sure?

$LULU (-5,1 %) -10% good numbers, very bad chat history, but at least it saved me some taxes.

$RKLB (-3,91 %) +28% This stock always made me think of Peter Lynch's quote, "don't buy the stocks of rocket companies, buy the boring ones..."

Bought:

$VWRL (-2,49 %) at €129.48 🥱

and

$EQQQ (-3,23 %) at 481.75 € 😎

Homer Simpson July 31, 2025

Hello everyone,

I currently need a tip or two to finalize my portfolio to my liking.

The framework is now in place and consists mainly of the $XDWD. In the next few months, with the payment of the next bonus, the $EIMI (-2,16 %) will move up. I am therefore trying to cover everything and generate steady growth until retirement.

I have also added a few dividend stocks to my portfolio, which should increase my annual passive income in the future. Everything in combination but with a slightly higher weighting on growth through the ETF. Everything is saved between EUR 800-1000 per month.

My question now: I still need a dividend stock in the healthcare sector and in the financial sector.

I am currently watching $JNJ (-0,41 %) for the healthcare sector and $V (-3,35 %)
$CBA (-2,65 %)
$JPM (-3,75 %)

Do you have any other ideas for a single stock addition for these sectors?

I am very grateful for ideas....

Quarterly figures Q2 2025 from $JPM (-3,75 %)

📌 Complete overview

• Net profit15.0 billion US dollars
• Earnings per share (EPS)5.24 US dollars
• Return on equity (ROTCE)stable 21 %
• Share price on July 14288.70 US dollars
• Reaction to earnings (pre-market): -0,08 %

JPMorgan demonstrates with these figures continued strength in a difficult economic environment and builds on the already strong Q1 2025.

💼 Business development by segment

Consumer & Community Banking (CCB)

• Net profitUSD 5.2 billion (+23 % YoY)
• TurnoverUSD 18.8 bn (+6 % YoY)
• Drivers:
• Higher net interest income in the card business
• Non-interest income in Banking & Wealth Management
• Stronger leasing business in the automotive sector

Commercial & Investment Bank (CIB)

• Net profitUSD 6.7 billion (+13% YoY)
• TurnoverUSD 19.5 bn (+9 % YoY)
• Contribution to overall profitability remains substantial

Asset & Wealth Management

• Net profitUSD 1.5 bn (+17 % YoY)
• TurnoverUSD 5.8 billion
• Assets under Management (AUM)4.3 trillion USD
• Return on equity: 36 %

Corporate

• TurnoverUSD 1.5 billion (USD -8.6 billion YoY)
• Net profitUSD 1.7 billion
• Includes central control functions and treasury units

💵 Key financial figures & capital distribution

• Adjusted turnover45.7 billion USD
• ExpensesUSD 23.8 billion
• Adjusted cost/income ratio: 52 %
• Average loans1.4 trillion USD (+5 % YoY)
• Average deposits2.5 trillion USD (+6 % YoY)
• Dividend paymentUSD 3.9 billion (USD 1.40 per share)
• Share buybacksUSD 7.1 billion
• Payout ratio (12M rolling): 71 %

🧱 Balance sheet & liquidity ("Fortress strong")

• Balance sheet total4.6 trillion USD
• CET1 capitalUSD 284 billion
• CET1 ratio:
• 15.0 % (standardized approach)
• 15.1 % (advanced approach)
• Liquidity coverage ratio (LCR):
• Group: 113 %
• Bank: 120 %
• Surplus of high-quality liquid assets (HQLA)USD 274 billion

🔮 Outlook

• Net interest income (NII) full year 2025:
• New outlookUSD ~95.5 billion
• (previously: ~90 billion USD)
• Excluding Markets businessUSD ~92 billion
• Adjusted expenses 2025unchanged at ~95.5 bn USD
• Expected card default rate: ~3,6 %

✅ Conclusion

JPMorgan Chase shows operational strength and financial resilience in Q2 2025. With solid profitability in all segments, high capital distribution and increased annual guidance for interest income, the bank demonstrates stability and ability to grow - even in a challenging market environment. The robust balance sheet with a high CET1 ratio and strong liquidity underlines the "fortress" nature of the bank's structure.

As the earnings season starts again, here is a summary of the most important figures next week.

$JPM (-3,75 %)
$C (-3,32 %)
$WFC (-1 %)
$BLK (-3 %)
$JNJ (-0,41 %)
$GS (-3,48 %)
$BAC (-4,85 %)
$AA (-5,86 %)
$ASML (-2,1 %)
$PLD (-3,02 %)
$UAL (-5,47 %)
$KMI (-1,4 %)
$PEP (-0,5 %)
$ABT (-0,22 %)
$Netflix
$TSM (-4,02 %)
$USB (-3,38 %)
$IBKR (-4,15 %)
$AXP (-2,98 %)
$MMM (-4,24 %)