JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive

1. JPMorgan plans to increase share buybacks amid excess capital concerns. 2. The bank has approximately $35 billion in excess cash available. 3. Jamie Dimon previously warned against high-priced stock buybacks. 4. Economic downturn could present opportunities for loan deployment. 5. Analysts expect disciplined capital management during market fluctuations.