Company

JPMorgan

Official Name: JPMorgan Chase & Co.

Headquarters: New York, NY, United States

Founded: December 1, 2000

Employees: 271,025

CEO: Mr. James Dimon

NYSE: JPM +1.92%

Market Cap

$495.55 Billion

USD as of Jan. 1, 2024

Market Cap History

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.

JPMorgan market capitalization over time

Evolution of JPMorgan Chase & Co. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of JPMorgan Chase & Co.

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.

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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)

Details

Headquarters:

383 Madison Avenue

New York, NY 10179

United States

Phone: 212-270-6000