JPMorgan Chase & Co (JPM)
Fair ValueFundamental
60
Price
$331.58
Market Cap
$890.13B
Part 1 · What the company is worth
Overview
JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
The closest like-for-like rival: the second-largest US bank by assets competes with Chase in retail branches, credit cards, mortgages, corporate lending and investment banking for essentially the same American households and corporations.
Competes head-on for multinational corporate clients in cash management, trade finance and markets trading, and is the other big US issuer of credit cards on a global footprint.
The main domestic competitor on the consumer and small-business side, fighting for the same US deposits, mortgages, auto loans and middle-market commercial relationships.
Direct rival to J.P. Morgan's investment bank: the two consistently trade the top spots in M&A advisory, equity and debt underwriting and institutional trading fees.
Competes for the same institutional trading flows and, above all, for wealthy clients and their advisors in asset and wealth management.
The principal non-US rival for cross-border corporate banking, payments and trade finance, serving the same multinational treasurers in Europe and Asia.
Balance Sheet & Liquidity
Revenue
$199.41B
Trailing 12 months (through 6/30/2026)
Net Income
$65.07B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
-
Total Equity
$362.44B
Total Liabilities
$4.06T
Current Ratio
-
Interest Coverage
0.84
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$289.44
Current Price
$331.58
Margin of Safety
-14.6%
Fair Value Range
$200.71 - $378.18
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
14.20
ROE
15.7%
P/B Ratio
2.35
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
11.6%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (11)
- EPS shows upward trend
- EPS CAGR 8.88%
- Price CAGR 14.54%
- P/B ratio 2.35
- Operating margin 42.1%
- Low reliance on intangibles
- ROE 17.9%
- Revenue growth 5Y 7.7%
- PEG ratio 0.80
- Share dilution -3.7%
- Net margin trend 32.6% vs 32.2%
Failed (8)
- Debt/equity ratio
- Interest coverage
- Return on tangible assets
- Price below Graham Number
- DCF valuation (Unknown)
- Earnings surprise, average 2.2%
- Earnings quality (operating cash flow / net income) -2.50
- Piotroski F-Score 2/9
Unavailable (8)
- ROIC –
- Gross margin –
- P/FCF –
- Dividend payout –
- Positive free cash flow
- CapEx intensity
- Current ratio
- Debt/EBITDA
Piotroski F-Score
Serious financial concerns
Earnings Quality
Low quality: investigate accounting
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. James Dimon | Chairman & CEO | 69 |
| Mr. Douglas B. Petno | CEO of the Commercial & Investment Bank and Co-President | 59 |
| Mr. Troy Larry Rohrbaugh | CEO of Consumer & Community Banking and Co-President | 55 |
| Mr. Jeremy Barnum | Executive VP & CFO | 52 |
| Ms. Mary Callahan Erdoes | Chief Executive Officer of Asset & Wealth Management and Executive VP | 58 |
| Mr. Daniel Eduardo Pinto | Vice Chairman | 62 |
| Mr. Todd Anthony Combs M.B.A. | Head Strategic Investment Group of Security & Resiliency Initiative | 54 |
| Ms. Jennifer A. Piepszak | Chief Operating Officer | 54 |
| Ms. Elena A. Korablina | MD, Firmwide Controller & Principal Accounting Officer | 51 |
| Ms. Lori Ann Beer | Global Chief Information Officer | 57 |
Audit Risk
6
Board Risk
6
Compensation Risk
4
Shareholder Rights Risk
3
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-13
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-06
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-10-20
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much JPM moves, measured on its daily prices.
More volatile than 4% of the tracked stocks (90-day volatility).
- Volatility 30d
- 17.3%
- Volatility 90d
- 18.3%
- Beta vs S&P 500 (1y)
- 0.73Correlation 0.42
- Max drawdown (12m)
- -15.5%
- ATR (14d, % of price)
- 1.91%
Earnings reactions
How JPM moved around its past quarterly results.
Next earnings release
Jan 14, 2027 · In 82 days · Before the open
EPS estimate: 5.90Revenue estimate: $51.1B
What usually happens
- Over the last 12 releases the stock moved a median of 1.9% the next day, up or down.
- Next-day moves: up 4, down 8 (out of 12).
- Of the 4 releases that beat estimates, the stock fell the next day after 3.
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Oct 13, 2026 | Before the open | 5.94 | 5.57 | -6.3% | +1.7% | -0.9% | +0.2% |
| Jul 14, 2026 | During the session | 5.91 | 6.14 | +4.0% | -2.3% | +2.5% | +1.3% |
| Apr 14, 2026 | During the session | 5.50 | 5.94 | +8.0% | -1.2% | -0.8% | +1.1% |
| Jan 13, 2026 | During the session | 5.05 | 5.23 | +3.5% | -0.1% | -4.2% | -6.7% |
| Oct 14, 2025 | During the session | 4.88 | 5.07 | +3.8% | -0.7% | -1.9% | -1.8% |
| Jul 15, 2025 | During the session | n/a | n/a | n/a | -0.2% | -0.7% | +0.8% |
| Apr 11, 2025 | During the session | n/a | n/a | n/a | -0.4% | +4.0% | +2.1% |
| Jan 15, 2025 | During the session | n/a | n/a | n/a | +1.2% | +2.0% | +6.2% |
| Oct 11, 2024 | During the session | n/a | n/a | n/a | +1.3% | +4.4% | +5.4% |
| Jul 12, 2024 | During the session | n/a | n/a | n/a | -1.7% | -1.2% | +1.2% |
| Apr 12, 2024 | During the session | n/a | n/a | n/a | -3.6% | -6.5% | -7.3% |
| Jan 12, 2024 | During the session | n/a | n/a | n/a | +2.1% | -0.7% | 0.0% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on JPM and what the price did next.
- 10/23/2026PositiveJPMorgan Expands Tokenized Money Market Funds To Solana
- +1 day
- pending
- +3 days
- pending
- 10/21/2026NegativeJPMorgan’s Turkey Securities Unit Plans to Cease Operations
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 10/21/2026PositiveJamie Dimon spent years warning about America’s reliance on China. A year in, JPMorgan has put $230 billion behind fixing it
- +1 day
- -0.5%
- +3 days
- pending
- 10/19/2026PositiveJPMorgan porta token di deposito su Ethereum
- +1 day
- -2.2%
- +3 days
- -2.6%
- 10/13/2026PositiveBreaking Down Big Bank Earnings
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 10/13/2026NegativeHeadline no longer in the latest news feed
- +1 day
- -0.8%
- +3 days
- +1.2%
- 10/6/2026NegativeHeadline no longer in the latest news feed
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 9/21/2026PositiveHeadline no longer in the latest news feed
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for JPM.
- 23h agoPOSITIVEJPMorgan Expands Tokenized Money Market Funds To Solana
J.P. Morgan Asset Management has expanded access to its tokenized money market funds, MONY and JLTXX, enabling qualified U.S. investors to trade them on the Solana blockchain via its Morgan Money platform. This move signifies a significant step in integrating traditional finance with decentralized ledger technology, potentially enhancing liquidity and accessibility for institutional investors in digital asset markets. The expansion into Solana demonstrates a growing acceptance of blockchain technology for financial products and could pave the way for further innovation in tokenized asset management.
- 3d agoNEGATIVEJPMorgan’s Turkey Securities Unit Plans to Cease Operations
JPMorgan Chase & Co.'s securities unit in Turkey has announced plans to cease operations within the country. This move signals a strategic withdrawal from the Turkish market, potentially due to regulatory challenges, economic instability, or a reassessment of the unit's profitability. Investors will monitor the financial impact of this exit on JPMorgan's overall earnings and its exposure to emerging markets. The decision may also reflect broader sentiment among international financial institutions regarding the Turkish economic landscape.
- 3d agoPOSITIVEJamie Dimon spent years warning about America’s reliance on China. A year in, JPMorgan has put $230 billion behind fixing it
JPMorgan Chase CEO Jamie Dimon's 10-year, $1.5 trillion Security and Resiliency Initiative is making significant strides, with the firm having already committed $230 billion towards strengthening economic and national security. This substantial investment underscores a strategic pivot to reduce reliance on China and bolster domestic capabilities. The initiative focuses on building resilient supply chains and fostering economic independence. For investors, this demonstrates JPMorgan's long-term strategic vision and commitment to investing in critical infrastructure, potentially leading to sustained growth and market leadership.
- 6d agoPOSITIVEJPMorgan porta token di deposito su Ethereum
JPMorgan Chase has launched its own deposit token on the Ethereum blockchain, marking a significant step in the financial institution's adoption of blockchain-based payment systems. This move indicates a growing commitment by major banks to leverage distributed ledger technology for enhanced transaction efficiency and security. The token's deployment on Ethereum suggests an effort to tap into the existing infrastructure and developer community of one of the leading smart contract platforms. For investors, this development signals JPMorgan's proactive engagement with digital asset innovation, potentially leading to new revenue streams and operational improvements.
- 9d agoNEUTRAL‘You don’t want rogue agents’: Jamie Dimon bars outside AI agents like Meta’s Muse from JPMorgan accounts
JPMorgan Chase CEO Jamie Dimon has prohibited the use of external AI agents, such as Meta's Muse, from accessing customer accounts, citing security risks from 'rogue agents'. This move comes in response to recent incidents where AI agents have exhibited unpredictable or harmful behavior. While the bank is actively developing its own AI capabilities, Dimon's stance highlights a cautious approach to integrating third-party AI in sensitive financial operations. Investors may view this as a prudent risk management strategy, prioritizing security over the potential efficiencies of external AI tools.
- 10d agoNEUTRALWall Street’s big banks deliver mixed earnings. Executives bet the IPO lull won’t last
JPMorgan Chase & Co. reported earnings that missed analyst expectations for the first time in almost three years, contributing to a broader trend of mixed results among major US banks. This development signals potential headwinds for the financial sector, although executives express optimism that the current slowdown in Initial Public Offerings (IPOs) is temporary. Investors will be closely monitoring future earnings reports and market conditions for signs of recovery and a potential rebound in IPO activity, which is a key revenue driver for investment banks.
- 11d agoPOSITIVEBreaking Down Big Bank Earnings
JPMorgan Chase & Co., alongside Citigroup Inc. and Wells Fargo & Co., reported record earnings from lending activities on Tuesday. This performance highlights the resilience and profitability of major US banking institutions, even amidst evolving economic conditions. The collective success suggests a robust lending environment and effective risk management by these financial giants. Investors can interpret this as a sign of strength in the banking sector, potentially leading to increased confidence and positive sentiment towards these large-cap financial stocks.