JPMorgan Chase & Co.
NASDAQ: JPMKey stats
Price chart
About JPMorgan Chase & Co.
Banking
Company profile
- IPO date
- Mar 5, 1969
- Website
- www.jpmorganchase.com
Financials peers
How JPM compares to other large companies in the same sector.
| Company | Price | Today | Market cap | P/E |
|---|---|---|---|---|
V Visa Inc. | $325.75 | +1.00% | $605.48B | 27.50 |
MA Mastercard Inc. | $494.20 | +0.87% | $436.67B | 28.05 |
BAC Bank of America | $49.77 | -0.16% | $353.20B | 11.14 |
MS Morgan Stanley | $192.51 | -1.04% | $303.64B | 16.76 |
GS Goldman Sachs Group | $948.47 | -2.11% | $279.81B | 15.49 |
Wall Street analyst ratings
DollarScout analysis
Editorial, not advice. See our methodology.
Bull case
JPMorgan Chase & Co. stands as a formidable entity in the banking sector due to its massive scale and diverse financial product offerings. This bank benefits from a wide competitive moat given its significant presence in commercial banking, consumer banking, and asset management. The current market cap of $835.73 billion emphasizes its dominance and stability in the financial sector. With a P/E ratio of 14.65, it offers an attractive valuation compared to many of its peers, especially for investors looking for a blend of income and growth potential. JPM's dividend yield of nearly 2% is a steady incentive for income-focused investors looking for reliability in payouts. Additionally, its slight beta of 1.0794 suggests moderately higher volatility than the market, which for some investors can imply better potential returns under favorable market conditions. With an analyst consensus of 'Buy', it's clear that many believe in its continued growth trajectory.
Bear case
Despite its size and influence, JPMorgan Chase isn't devoid of challenges. The banking sector's regulatory environment can pose risks, influencing how freely banks like JPM can operate. There's also exposure to interest rate fluctuations, which can adversely affect lending margins and profitability. Competition from both traditional institutions and fintech companies is fierce, adding pressure to innovate and maintain market share. Additionally, while its beta of 1.0794 indicates a dynamic market presence, it also means that JPM can be susceptible to larger swings during volatile periods, potentially affecting investor confidence. Lastly, there is an inherent risk tied to its valuation; as one of the leading financial institutions, higher valuations might limit upside potential, especially if revenue growth doesn't accelerate.
Who should buy JPM
JPMorgan Chase & Co. is ideal for conservative investors looking for stability and steady dividends. This stock suits long-term investors with a medium risk tolerance, seeking a solid presence in the financial sector within their portfolios. It's particularly fitting for those interested in adding a reputable and established blue-chip to their investments.
Key risks
- Regulatory changes could impact operational freedom and profitability. - Interest rate fluctuations can compress margins and affect income. - Intense competition from fintechs might pressurize traditional banking models. - Potential for increased volatility given its beta and market conditions.
Where to buy JPM
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Recent JPM news
Kkr Real Estate Finance Trust is back in focus after analysts reset their reference fair value from about US$8.25 to roughly US$6.33 per share, a cut of around 23% that reframes expectations around the stock. Several firms, including JPMorgan, link these lower targets to growing caution on execution, earnings quality and loan book risk, even as bullish voices see the reset bringing valuations closer to current fundamentals. As you read on, you will see how these shifting targets and opinions...
JPMorgan reported strong results for the first quarter. Read more on the banking giant's preferred shares and how they fit into an investment portfolio.
Dimon warns that weak growth, rising debt and bad policy are creating unnecessary hardship for Americans.
Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.
Charles Schwab (SCHW) stock is a "Buy" as the company grows EPS. SCHW's net revenue rose 15.8% YoY. Learn more about its upside potential.
JPMorgan Chase (NYSE:JPM) has opened its new $3b global headquarters at 270 Park Avenue in New York City. The 60 story tower is fully electric and powered by 100% renewable energy, with advanced smart building systems. The building features wellness focused amenities and biometric security, aiming to set a new standard for corporate offices. For investors tracking NYSE:JPM, this new headquarters sits alongside a current share price of $297.81 and a return of 13.5% over the past year. Over...
Investing.com -- Emerging market (EM) equities are poised for a significant rally in the second half of the year, driven by attractive valuations, a projected reversal in hawkish central bank policies, and economic signs of recovery in China, according to a research note released by JPMorgan.
Leading cryptocurrencies such as Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH) ended the week in the red as th...
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