JPMorgan Chase & Co (JPM)
Fair ValueFundamental
60
Price
$334.36
Market Cap
$880.60B
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 on September 19, 2026 with claude-haiku-4-5 — 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
$287.58
Current Price
$334.36
Margin of Safety
-16.3%
Fair Value Range
$199.32 - $375.83
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
14.26
ROE
15.7%
P/B Ratio
2.36
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
11.6%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (13)
- EPS shows upward trend
- EPS CAGR 8.88%
- Price CAGR 15.24%
- P/B ratio 2.36
- Operating margin 42.1%
- Low reliance on intangibles
- ROE 17.8%
- Revenue growth 5Y 7.7%
- Analyst consensus: 60% buy
- Earnings surprise, average 4.8%
- PEG ratio 0.81
- Share dilution -3.7%
- Net margin trend 32.6% vs 32.2%
Failed (7)
- Debt/equity ratio
- Interest coverage
- Return on tangible assets
- Price below Graham Number
- DCF valuation (Unknown)
- 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
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
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 2026-07-23
via SEC EDGAR
Income History
via SEC EDGAR
Market Reaction Profile
How much JPM moves, measured on its daily prices.
More volatile than 7% of the tracked stocks (90-day volatility).
- Volatility 30d
- 16.9%
- Volatility 90d
- 19.9%
- Beta vs S&P 500 (1y)
- 0.79
- Max drawdown (12m)
- -15.5%
- ATR (14d, % of price)
- 1.75%
Updated 10/12/2026 · Source: daily_prices (Yahoo Finance) + benchmark_prices SPY
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Latest News
Recent headlines for JPM, sourced from Markets Gazette.
- 7h agoNEUTRALOrsi al comando su JPMorgan: gli utili del 3° trim. possono cambiare la situazione?
JPMorgan Chase (JPM) is set to release its Q3 earnings on October 13th, with consensus estimates projecting EPS of $5.94 and revenues of $51.2 billion, representing year-over-year growth of 17% and 8.7% respectively. Despite a modest 2% increase in the stock price year-to-date, technical indicators suggest bearish dominance ahead of the report. However, the derivatives market anticipates a shift in dynamics post-earnings, indicating potential volatility and a divergence of opinion on the stock's future direction. Investors are closely watching for any surprises that could alter the current sentiment.
- 6d agoNEGATIVEJamie Dimon Warns on AI's Growing Cyber Threat
Jamie Dimon, Chairman and CEO of JPMorgan Chase, has issued a stark warning regarding the escalating cyber threats posed by Artificial Intelligence. While markets show resilience, Dimon's concerns highlight a significant, emerging risk that could impact financial institutions and broader market stability. The potential for AI-driven cyberattacks to disrupt operations, compromise sensitive data, and erode investor confidence presents a substantial downside risk. Investors should monitor this developing situation closely, as increased cybersecurity measures and potential regulatory responses could affect profitability and operational continuity for major financial players.
- 13d agoNEUTRALJPMorgan Hires Trio for Natural Resources Banking Team
JPMorgan Chase & Co. is bolstering its natural resources investment banking division with the addition of three new bankers. This strategic hiring move aims to strengthen the firm's advisory and capital-raising capabilities within the energy and commodities sectors. While the specific impact on the company's bottom line is not immediately quantifiable, the expansion signals JPMorgan's commitment to a key sector and its intent to capture more deal flow in natural resources.
- 20d agoNEUTRALDimon Says US Shouldn’t Punish India Over Russian Oil: CNBC TV18
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., stated that the US should not penalize India or global oil markets as it attempts to pressure Russia regarding the war in Ukraine. Dimon highlighted the significant difficulties refiners encounter when attempting to switch crude oil supply sources. This perspective from a major financial institution's leader suggests a pragmatic approach to geopolitical energy policies, acknowledging the complex realities of global supply chains and the potential unintended consequences of sanctions on allied nations and market stability. Investors may view this as a call for nuanced policy-making.
- 21d agoPOSITIVEJPMorgan e fondo sovrano del Qatar siglano partnership da 20 miliardi di dollari
JPMorgan Chase has entered into a strategic partnership with Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar. This Memorandum of Understanding (MoU) outlines a collaboration valued at $20 billion. This significant alliance follows a similar agreement QIA made with Goldman Sachs, underscoring the growing interest of major sovereign funds in partnering with leading global financial institutions. For investors, this deal signals strong institutional backing and potential for significant new business flows into JPMorgan, reinforcing its position in the global financial landscape and potentially boosting its assets under management and fee-based revenues.
- 22d agoNEUTRALDimon Heads to India as Wall Street Steps Up Fight For Deal Boom
JPMorgan Chase CEO Jamie Dimon is visiting India as the bank intensifies its efforts to capture a larger share of the country's burgeoning deal market. India is anticipated to experience a significant surge in mergers and acquisitions, and capital markets activities. Dimon's trip underscores the strategic importance of India to JPMorgan's global growth ambitions, signaling a proactive approach to expanding its presence and client services in one of the world's fastest-growing economies. Investors will monitor the bank's success in securing new mandates and deepening relationships within the Indian financial landscape.
via Markets Gazette