JPMorgan Chase & Co. is an American multinational financial institution headquartered in New York City and incorporated in Delaware. As of 2023, it is the largest bank in the United States and ranks as the largest globally by market capitalization. Recognized as the leading entity among the Big Four banks, it is classified as systemically important by the Financial Stability Board.
Due to its significant size and influence, the bank undergoes extensive regulatory oversight and maintains a robust internal “Fortress Balance Sheet.” Currently based at 383 Madison Avenue in Midtown Manhattan, the company plans to relocate to the new JPMorgan Chase Building at 270 Park Avenue upon its completion in 2025.
| Website | jpmorganchase.com |
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Market Capitalization:
- As of May 2024: $581.42 billion
- This valuation makes JPMorgan Chase the 13th most valuable company globally by market cap.
- Market capitalization, or market cap, is the total market value of a company’s outstanding shares and is commonly used to gauge its worth.
Revenue:
- Trailing Twelve Months (TTM) Revenue in 2023: $158.85 billion
- Revenue in 2022: $128.64 billion
- Revenue in 2021: $121.68 billion
Revenue represents the total income generated from the sale of goods or services, without subtracting expenses.
Earnings:
- Trailing Twelve Months (TTM) Earnings in 2023: $62.93 billion
- Earnings in 2022: $46.16 billion
- Earnings in 2021: $59.56 billion
Earnings, or pretax income, have shown significant growth, reflecting the company’s profitability.
Stock Price History:
- Highest End of Day Price: $202.47 USD on May 16, 2024
- Lowest End of Day Price: $3.38 USD on October 31, 1990
P/E Ratio:
- P/E Ratio as of May 2024 (TTM): 12.1
- At the end of 2022, the P/E ratio was 11.1.
- The price-to-earnings (P/E) ratio measures the company’s current share price relative to its per-share earnings.
P/S Ratio:
- P/S Ratio as of May 2024 (TTM): 3.66
- At the end of 2023, the P/S ratio was 3.17.
- The price-to-sales (P/S) ratio compares the company’s stock price to its revenue.
Number of Shares Outstanding:
- As of May 2024: 2,908,300,000 shares
- The number of outstanding shares can be influenced by stock splits and share buybacks.
Total Debt:
- As of March 2024: $442.14 billion
- Total debt includes all current and non-current debts on the balance sheet.
Cash on Hand:
- As of December 2022: $567.23 billion
- This figure represents the amount of cash and cash equivalents, including short-term investments, that the company has available.
