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JP Morgan Chase is a financial services provider that offers investment banking, asset management, treasury, and other services. It includes four major sectors: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, and Asset Management. The Consumer and Community Banking division derives its revenues from its credit card business, consumer and business banking, and mortgage banking. The Corporate and Investment Bank segment offers investment banking, market-making, prime brokerage, and treasury and securities products and services. The Commercial Banking division provides credit, banking, and treasury services to clients including mid-sized businesses, corporations, municipalities, financial institutions, nonprofit entities, and real estate owners and investors. The Asset Management segment provides its clients with strategies and expertise that span the spectrum of asset classes. JPMorgan Chase was formed as a result of a merger between Chase Manhattan Corporation and J.P. Morgan.

TypePublic
Founded2000
HQNew York, US
Websitejpmorganchase.com
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)256,981
Job Openings5,891
Revenue (FY, 2019)$142.4 B(+9%)
Share Price (Nov 2020)$114.1
Cybersecurity ratingBMore

Key People/Management at JPMorgan Chase

Diana Farrell

Diana Farrell

President & CEO
Mary Callahan Erdoes

Mary Callahan Erdoes

Asset & Wealth Management CEO
Lori A. Beer

Lori A. Beer

Chief Information Officer
Ashley Bacon

Ashley Bacon

Chief Risk Officer
Stacey Friedman

Stacey Friedman

General Counsel
Robin Leopold

Robin Leopold

Head of Human Resources
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JPMorgan Chase Office Locations

JPMorgan Chase has offices in New York, Atlanta, Austin, Baltimore and in 153 other locations
New York, US (HQ)
270 Park Ave
Atlanta, US
3424 Peachtree Road NE Monarch, Tower, 24th Floor
Austin, US
221 W 6th St 2nd Floor
Baltimore, US
650 S Exeter St Floor 9
Baton Rouge, US
451 Florida St 6th Floor
Birmingham, US
480 Pierce St 2nd Floor, Suite 250Birmingham
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JPMorgan Chase Financials and Metrics

JPMorgan Chase Revenue

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JPMorgan Chase's revenue was reported to be $142.42 b in FY, 2019 which is a 8.4% increase from the previous period.
USD

Revenue (Q3, 2020)

29.1b

Net income (Q3, 2020)

9.4b

Market capitalization (13-Nov-2020)

347.7b

Closing stock price (13-Nov-2020)

114.1

Cash (30-Sept-2020)

20.8b

EV

368.9b
JPMorgan Chase's current market capitalization is $347.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

113.9b131.4b142.4b

Revenue growth, %

8%15%8%

Cost of goods sold

14.3b22.4b26.8b

Gross profit

99.6b109.0b115.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

32.3b33.1b33.2b36.6b36.0b36.2b28.3b33.0b29.1b

Cost of goods sold

4.4b5.4b5.9b7.4b7.2b6.9b4.7b2.3b

Gross profit

27.9b27.8b27.3b29.1b28.8b29.3b23.5b30.7b

Gross profit Margin, %

86%84%82%80%80%81%83%93%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

25.8b278.8b21.7b

Accounts Receivable

67.7b73.2b72.9b

PP&E

14.2b14.9b25.8b

Total Assets

2.5t2.6t2.7t
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

24.8b23.7b23.2b21.9b23.2b21.2b24.0b20.5b20.8b

Accounts Receivable

72.7b75.7b78.8b72.2b88.4b89.0b122.1b72.3b

PP&E

14.4b14.1b14.2b24.2b24.7b25.1b25.9b26.3b26.7b

Total Assets

2.6t2.6t2.6t2.7t2.7t2.8t3.1t3.2t3.2t
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

24.4b32.5b36.4b

Depreciation and Amortization

6.2b7.8b8.4b

Accounts Payable

(8.5b)14.6b(352.0m)

Cash From Operating Activities

(2.5b)14.2b6.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

8.7b17.0b25.4b9.2b18.8b27.9b2.9b7.6b17.0b

Depreciation and Amortization

1.8b3.7b5.7b2.0b4.1b6.2b2.2b4.3b6.5b

Accounts Payable

(90.0m)12.6b26.7b10.7b8.8b19.7b45.0b18.9b

Cash From Operating Activities

(35.1b)576.0m13.7b(80.9b)(94.7b)(77.0b)(120.8b)(37.0b)(51.9b)
USDFY, 2017

EV/CFO

-272.3 x

Revenue/Employee

455.8k

Debt/Equity

1.3 x

Debt/Assets

0.1 x

Financial Leverage

9.9 x

P/E Ratio

16.9
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JPMorgan Chase Operating Metrics

JPMorgan Chase's Assets Under Management was reported to be $2.5t in Q2, 2020. JPMorgan Chase's Total Loans was reported to be $997.6b in Q2, 2020.
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JPMorgan Chase Acquisitions / Subsidiaries

Company NameDateDeal Size
WePayDecember 04, 2017$400 m
One Equity PartnersJanuary 10, 2017
J.P. Morgan CazenoveNovember 19, 2009
Bear StearnsMarch 17, 2008
XspandMarch 01, 2008
Collegiate Funding ServicesDecember 15, 2005
Neovest HoldingsJune 23, 2005
Bank OneJanuary 15, 2004$58 b
Hambrecht & QuistSeptember 28, 1999$1.35 b
Bank One International Holdings Corporation
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JPMorgan Chase Revenue Breakdown

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JPMorgan Chase revenue breakdown by business segment: 12.2% from Asset & Wealth Management, 7.6% from Commercial Banking, 32.6% from Corporate & Investment Bank and 47.6% from Consumer & Community Banking

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JPMorgan Chase Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

JPMorgan Chase Online and Social Media Presence

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JPMorgan Chase Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    A+

    80/100

  • Compensation

    C+

    65/100

  • Diversity

    C+

    66/100

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JPMorgan Chase News and Updates

ROSEN, A LEADING LAW FIRM, Reminds JPMorgan Chase & Co. Investors of Important Deadline in Securities Class Action First Filed by the Firm – JPM

NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JPMorgan Chase & Co. (NYSE: JPM) between February 23, 2016 and September 23, 2020, inclusive (the “Class Period”), of the important December 23, 2020 lead plai…

JPM Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies JPMorgan Chase & Co. Investors of Class Action and Lead Plaintiff Deadline: December 23, 2020

NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against of JPMorgan Chase & Co. ("JP Morgan" or "the Company") (NYSE: JPM) and certain of its officers, on behalf of sharehol…

JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity

NEW YORK, Oct. 27, 2020 (GLOBE NEWSWIRE) -- JPMorgan Chase and Brookfield Renewable (NYSE: BEP, BEPC: TSX: BEP.UN, BEPC) today announced a five-year energy agreement for supplying clean, renewable electricity to over 500 of JPMorgan Chase’s real estate operations in New York State. Brookfield Rene…

JPMorgan Chase enters mPOS arena

JPMorgan Chase is taking on Square and PayPal with an app and contactless card reader linked to a business checking account.

JPMorgan Chase Launches Everyday 401(k) Solution for Small Businesses

NEW YORK, Oct. 15, 2020 /PRNewswire/ -- JPMorgan Chase today announced the launch of Everyday 401(k) by J.P. Morgan, giving the firm's thousands of small business clients and their employees the ability to simply plan, save and invest for retirement. Leading retirement solutions provider...

JPMorgan Chase earnings top expectations for third quarter

JPMorgan Chase earnings top expectations for third quarter
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JPMorgan Chase Frequently Asked Questions

  • When was JPMorgan Chase founded?

    JPMorgan Chase was founded in 2000.

  • Who are JPMorgan Chase key executives?

    JPMorgan Chase's key executives are Diana Farrell, Mary Callahan Erdoes and Lori A. Beer.

  • How many employees does JPMorgan Chase have?

    JPMorgan Chase has 256,981 employees.

  • What is JPMorgan Chase revenue?

    Latest JPMorgan Chase annual revenue is $142.4 b.

  • What is JPMorgan Chase revenue per employee?

    Latest JPMorgan Chase revenue per employee is $554.2 k.

  • Who are JPMorgan Chase competitors?

    Competitors of JPMorgan Chase include State Street, Truist and Morgan Stanley.

  • Where is JPMorgan Chase headquarters?

    JPMorgan Chase headquarters is located at 270 Park Ave, New York.

  • Where are JPMorgan Chase offices?

    JPMorgan Chase has offices in New York, Atlanta, Austin, Baltimore and in 153 other locations.

  • How many offices does JPMorgan Chase have?

    JPMorgan Chase has 172 offices.