Company
JPMorgan
Official Name: JPMorgan Chase & Co.
Headquarters: New York, NY, United States
Founded: December 1, 2000
Employees: 271,025
CEO: Mr. James Dimon
Market Cap
$495.55 Billion
USD as of Jan. 1, 2024
JPMorgan Categories
United States Financials Banks—DiversifiedUnited States Financials United States Banks—Diversified
Company Description
JPMorgan Chase & Co. is a multinational investment bank and financial services company headquartered in New York City. With origins dating back to 1799, JPMorgan Chase has become one of the world's largest universal banks operating worldwide. It is involved in retail and commercial as well as in investment banking, asset management, private banking, private wealth management, and treasury services.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| Bank of America | $267.48 B |
| ICBC | $226.49 B |
| Wells Fargo | $178.97 B |
| Agricultural Bank of China | $178.47 B |
| HSBC | $155.80 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
| ICBC | $226.49 B |
Detailed Description
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.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
JPMorgan Chase & Co. has the following listings and related stock indices.
Stock: NYSE: JPM wb_incandescent
Stock: FSX: CMC wb_incandescent
Stock: NYSE: JPM-C wb_incandescent
Stock: NYSE: JPM-D wb_incandescent
Stock: NYSE: JPM-J wb_incandescent
Stock: XETR: CMC wb_incandescent
Product & Services
financial services, asset management, capital market services, commercial banking, credit cards, insurance, investment banking, investment capital, investment management, private banking, private equity, retail banking, wealth management
Key People
Founder(s): Aaron Burr (The Bank of the Manhattan Company) Balthazar P. Melick (Chemical Bank) John Pierpont Morgan (J. P. Morgan & Co.) John Thompson (Chase National Bank)
Jamie Dimon (Chairman & CEO) Daniel E. Pinto (President & COO)
Financials
Revenue: US$121.65 billion (2021)
Operating income: US$59.562 billion (2021)
Net income: US$48.3 billion (2021)
Total assets: US$3.831 trillion (2021)
Total equity: US$294.1 billion (2021)