NYSE:JPM

Stock Analysis Report

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Market Cap

US$453.5b

Last Updated

2021/07/31 05:45 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


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

Stable Share Price: JPM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: JPM's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.8%

JPM

0.9%

US Banks

-0.5%

US Market


1 Year Return

57.1%

JPM

59.1%

US Banks

35.9%

US Market

Return vs Industry: JPM underperformed the US Banks industry which returned 59.1% over the past year.

Return vs Market: JPM exceeded the US Market which returned 35.9% over the past year.


Shareholder returns

JPMIndustryMarket
7 Day0.8%0.9%-0.5%
30 Day-3.4%-3.5%0.3%
90 Day-1.3%-4.4%3.1%
1 Year61.5%57.1%63.5%59.1%38.0%35.9%
3 Year42.1%29.6%17.3%7.2%62.9%52.7%
5 Year162.7%128.9%89.6%65.9%121.7%97.3%

Long-Term 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

Valuation

Is JPMorgan Chase undervalued compared to its fair value and its price relative to the market?

20.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JPM ($151.78) is trading below our estimate of fair value ($191.18)

Significantly Below Fair Value: JPM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JPM is good value based on its PE Ratio (10.1x) compared to the US Banks industry average (10.8x).

PE vs Market: JPM is good value based on its PE Ratio (10.1x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: JPM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: JPM is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (1.1x).


Future Growth

How is JPMorgan Chase forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

-1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JPM's earnings are forecast to decline over the next 3 years (-1.7% per year).

Earnings vs Market: JPM's earnings are forecast to decline over the next 3 years (-1.7% per year).

High Growth Earnings: JPM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JPM's revenue (3.5% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: JPM's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JPM's Return on Equity is forecast to be low in 3 years time (12.9%).


Past Performance

How has JPMorgan Chase performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JPM has high quality earnings.

Growing Profit Margin: JPM's current net profit margins (35.8%) are higher than last year (24.1%).


Past Earnings Growth Analysis

Earnings Trend: JPM's earnings have grown by 9.8% per year over the past 5 years.

Accelerating Growth: JPM's earnings growth over the past year (96.9%) exceeds its 5-year average (9.8% per year).

Earnings vs Industry: JPM earnings growth over the past year (96.9%) exceeded the Banks industry 34.3%.


Return on Equity

High ROE: JPM's Return on Equity (16.7%) is considered low.


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


Financial Institutions Analysis

Asset Level: JPM's Assets to Equity ratio (12.9x) is moderate.

Allowance for Bad Loans: JPM has a sufficient allowance for bad loans (215%).

Low Risk Liabilities: 68% of JPM's liabilities are made up of primarily low risk sources of funding.

Loan Level: JPM has an appropriate level of Loans to Assets ratio (27%).

Low Risk Deposits: JPM's Loans to Deposits ratio (44%) is appropriate.

Level of Bad Loans: JPM has an appropriate level of bad loans (0.9%).


Dividend

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

2.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JPM's dividend (2.37%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: JPM's dividend (2.37%) is low compared to the top 25% of dividend payers in the US market (3.54%).


Stability and Growth of Payments

Stable Dividend: JPM's dividends per share have been stable in the past 10 years.

Growing Dividend: JPM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24%), JPM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JPM's dividends in 3 years are forecast to be well covered by earnings (34.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Jamie Dimon (65 yo)

15.58yrs

Tenure

US$31,664,554

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

Compensation vs Market: Jamie's total compensation ($USD31.66M) is above average for companies of similar size in the US market ($USD11.17M).

Compensation vs Earnings: Jamie's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: JPM's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: JPM's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: JPMorgan Chase & Co.
  • Ticker: JPM
  • Exchange: NYSE
  • Founded: 1799
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$453.549b
  • Shares outstanding: 2.99b
  • Website: https://www.jpmorganchase.com

Number of Employees


Location

  • JPMorgan Chase & Co.
  • 383 Madison Avenue
  • New York
  • New York
  • 10179
  • United States

Listings


Biography

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and As...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 05:45
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.