NYSE:JPM.PRB

Stock Analysis Report

Executive Summary

JPMorgan Chase & Co. operates as a financial services company worldwide.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has JPMorgan Chase's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

NYSE:JPM.PRB

-1.8%

US Banks

0.2%

US Market


1 Year Return

-2.7%

NYSE:JPM.PRB

-15.3%

US Banks

-0.7%

US Market

JPM.PRB outperformed the Banks industry which returned -13.6% over the past year.

JPM.PRB outperformed the Market in United States of America which returned -7% over the past year.


Share holder returns

JPM.PRBIndustryMarket
7 Day-1.2%-1.8%0.2%
30 Day-1.1%-6.4%-2.7%
90 Day-0.08%-4.0%1.6%
1 Year3.8%-2.7%-12.9%-15.3%1.6%-0.7%
3 Year11.0%-8.0%41.3%31.7%40.0%30.9%
5 Year39.4%1.3%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is JPMorgan Chase's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is JPMorgan Chase undervalued based on future cash flows and its price relative to the stock market?

11.45x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

JPMorgan Chase's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

JPMorgan Chase's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

JPMorgan Chase is good value based on earnings compared to the US Banks industry average.

JPMorgan Chase is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

JPMorgan Chase is poor value based on expected growth next year.


Price Based on Value of Assets

JPMorgan Chase is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is JPMorgan Chase expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

JPMorgan Chase's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

JPMorgan Chase's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

JPMorgan Chase's revenue growth is positive but not above the United States of America market average.

JPMorgan Chase's earnings growth is positive but not above the United States of America market average.

JPMorgan Chase's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

JPMorgan Chase is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has JPMorgan Chase performed over the past 5 years?

10.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

JPMorgan Chase's year on year earnings growth rate has been positive over the past 5 years.

JPMorgan Chase's 1-year earnings growth exceeds its 5-year average (36.1% vs 10.1%)

JPMorgan Chase's earnings growth has exceeded the US Banks industry average in the past year (36.1% vs 28.8%).


Return on Equity

JPMorgan Chase has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

JPMorgan Chase used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if JPMorgan Chase improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is JPMorgan Chase's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

JPMorgan Chase has an acceptable proportion of non-loan assets held.

JPMorgan Chase has a sufficient allowance for bad loans.

JPMorgan Chase's liabilities are made up of primarily low risk sources of funding.

JPMorgan Chase's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at JPMorgan Chase are broadly funded by customer deposits.

JPMorgan Chase has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is JPMorgan Chase's current dividend yield, its reliability and sustainability?

3.49%

Expected Dividend Yield


Dividend Yield and Payments Analysis

JPMorgan Chase's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).

JPMorgan Chase's dividend is below the markets top 25% of dividend payers in United States of America (3.7%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).


Next Steps

Management

What is the CEO of JPMorgan Chase's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Jamie Dimon (62yo)

13.2yrs

Tenure

US$28,313,787

Compensation

Mr. James Dimon, also known as Jamie, has been the Chairman and Chief Executive Officer of JPMorgan Chase & Co. since December 31, 2006 and December 31, 2005 respectively and served as its President since  ...


CEO Compensation Analysis

Jamie's remuneration is higher than average for companies of similar size in United States of America.

Jamie's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.4yrs

Average Tenure

51yo

Average Age

The tenure for the JPMorgan Chase management team is about average.


Board Age and Tenure

7.3yrs

Average Tenure

64yo

Average Age

The tenure for the JPMorgan Chase board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Jamie Dimon (62yo)

    Chairman & CEO

    • Tenure: 13.2yrs
    • Compensation: US$28.31m
  • Gordon Smith (60yo)

    Co-President & Co-COO

    • Tenure: 1.1yrs
    • Compensation: US$19.41m
  • Mary Erdoes (51yo)

    Chief Executive Officer of Asset & Wealth Management

    • Tenure: 9.4yrs
    • Compensation: US$19.24m
  • Lori Beer (50yo)

    Chief Information Officer

    • Tenure: 0.0yrs
  • Marianne Lake (48yo)

    Executive VP & CFO

    • Tenure: 6.1yrs
    • Compensation: US$12.96m
  • Daniel Pinto (55yo)

    Co-President & Co-COO

    • Tenure: 1.1yrs
    • Compensation: US$19.02m
  • John Horner

    Chief Investment Officer and Treasurer

    • Tenure: 3.8yrs
  • David Owen

    Chief Administrative Officer

    • Tenure: 3.0yrs
  • Nicole Giles (46yo)

    MD, Corporate Controller & Principal Accounting Officer

    • Tenure: 2.1yrs
  • Eric Stein

    Head of Investment Banking

    • Tenure: 0.0yrs

Board Members

  • Jamie Dimon (62yo)

    Chairman & CEO

    • Tenure: 13.2yrs
    • Compensation: US$28.31m
  • William Weldon (69yo)

    Director

    • Tenure: 13.9yrs
    • Compensation: US$442.50k
  • Lee Raymond (79yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$437.50k
  • Jim Crown (64yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$385.42k
  • Laban Jackson (75yo)

    Independent Director

    • Tenure: 14.6yrs
    • Compensation: US$557.92k
  • Linda Bammann (62yo)

    Independent Director

    • Tenure: 5.4yrs
    • Compensation: US$402.08k
  • James Bell (69yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: US$429.58k
  • Tim Flynn (61yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: US$395.00k
  • Andrew Fleming (59yo)

    Chairman of Japanese Investment Trust

    • Tenure: 4.2yrs
  • David Li

    Co-Head of Greater China Banking

    • Tenure: 4.3yrs

Company Information

JPMorgan Chase & Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JPMorgan Chase & Co.
  • Ticker: JPM.PRB
  • Exchange: NYSE
  • Founded: 1799
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$344.131b
  • Shares outstanding: 3.32b
  • Website: https://www.jpmorganchase.com

Number of Employees


Location

  • JPMorgan Chase & Co.
  • 270 Park Avenue
  • New York
  • New York
  • 10017
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JPMSNSE (Santiago Stock Exchange)YesCommon SharesCLUSDMar 1969
JPMNYSE (New York Stock Exchange)YesCommon SharesUSUSDMar 1969
JPM *BMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNMar 1969
JPMWBAG (Wiener Boerse AG)YesCommon SharesATEURMar 1969
CMCXTRA (XETRA Trading Platform)YesCommon SharesDEEURMar 1969
JPMBVC (Bolsa de Valores de Colombia)YesCommon SharesCOCOPMar 1969
0Q1FLSE (London Stock Exchange)YesCommon SharesGBCHFMar 1969
CMCDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 1969
JPMSWX (SIX Swiss Exchange)YesCommon SharesCHCHFMar 1969
JPMBASE (Buenos Aires Stock Exchange)CEDEAR REP 1/10 USD2.5ARARSJul 2001
CMC2DB (Deutsche Boerse AG)PERP SR NT 7.9%DEUSDApr 2008
JPMC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 0.5 COM USD1BRBRLAug 2012
JPM.PRANYSE (New York Stock Exchange)DEP 1/400 PFD PUSUSDJan 2013
CMC6DB (Deutsche Boerse AG)PERP SR -R NT 6%DEUSDJul 2013
CMC5DB (Deutsche Boerse AG)6.75%-FRN SUB PERP USD 'S'DEUSDJan 2014
JPM.PRBNYSE (New York Stock Exchange)DEP SHS RP PFD TUSUSDJan 2014
CMCFDB (Deutsche Boerse AG)5%-FRN PERP USDDEUSDJun 2014
JPM.PRENYSE (New York Stock Exchange)DEP SHS PFD WUSUSDJun 2014
CMCEDB (Deutsche Boerse AG)PERP SUB NT 6.1%DEUSDSep 2014
JPM.PRFNYSE (New York Stock Exchange)DEP SHS 1/400USUSDFeb 2015
JPM.PRGNYSE (New York Stock Exchange)DEP SHS PFDUSUSDJun 2015
JPM.PRHNYSE (New York Stock Exchange)DEP SHS REP PFDUSUSDJul 2015
JPM.PRDNYSE (New York Stock Exchange)5.75% SHS PFD DDUSUSDSep 2018
JPEE.LOTCPK (Pink Sheets LLC)6 DEP NCM PFD EEUSUSDJan 2019

Biography

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/02/01 03:08
End of Day Share Price2019/01/31 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.