JPMorgan Chase & Co. (JPM) Stock

JPMorgan Chase & Co. (JPM) is a Financials stock trading at $341.10 (as of 2026-07-17), with a market capitalization of $913.97B and a trailing P/E of 15.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Understand JPMorgan Chase & Co.: how it makes money

JPMorgan Chase provides consumer and small business banking, corporate and investment banking, and asset and wealth management, and it makes money by generating revenue across these businesses.

JPM's profit engine is the level and mix of segment revenue, with the Commercial & Investment Bank (CIB) and its CIV revenue forming the largest share of firmwide revenue, supported by Consumer & Community Banking (CCB) and Asset & Wealth Management (AWM).

Revenue by segment (latest quarter)
CCB$19.6B
CIB$23.4B
AWM$6.4B

Business quality (Strong): JPM is a diversified financial platform across CCB, CIB, and AWM, but results can be sensitive to how active and profitable these lines are, especially the CIB components that show up in markets and investment banking related revenue.

Valuation: At 16× earnings, JPM trades 23% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified revenue base across CCB, CIB, and AWM: Segment revenue contributions come from multiple lines, not a single product.
  • Large, visible contribution from CIB: CIB-related CIV revenue and CIB revenue are among the biggest labeled revenue drivers in the provided data.

Bear case

  • CIB revenue exposure: CIB includes markets and investment banking related revenue, which can vary based on business activity levels.
  • Consumer and credit product sensitivity: CCB includes lending products such as mortgages, home equity loans, credit cards, and auto loans, so changes in those activities can affect CCB revenue.
Valuation — source: SEC EDGAR (first-party)
Price$341.10
Market Cap$913.97B
P/E Ratio15.5
EV / EBITDA9.0
Price / Book2.51
Price / Sales4.89
DCF Value (model)$394.71
DCF Upside vs Price15.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$182.45B
Net Margin31.3%
Revenue Growth (YoY)10.0%
EPS Growth (YoY)17.1%
Valuation vs Sector & Industry
Stock P/E15.5
Sector P/E (Financials)15.5
Industry P/E (Banking)13.5
vs Sector0.1%
vs Industry14.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)9
Top Institutional HolderVANGUARD GROUP INC ($85.63B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorFinancials
IndustryBanking
CEOJames Dimon
Employees318,477
CountryUS
IPO Date1980-03-17

Related Companies (Business model: Universal / Commercial Bank + Investment Bank / Capital Markets + Asset Manager (Traditional + Alternatives); 8 closest by market cap; US-domiciled)

  • Bank of America Corporation (BAC)
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  • Citigroup Inc. (C)
  • Capital One Financial Corporation (COF)
  • The PNC Financial Services Group, Inc. (PNC)
  • U.S. Bancorp (USB)
  • Truist Financial Corporation (TFC)
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JPM earnings history · JPM institutional & insider holders · JPM KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.