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JP Morgan Chase is a financial services provider that offers investment banking, asset management, treasury, and other services. It divides into four major sectors: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, and Asset Management. JPMorgan Chase’s 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.

TypePublic
Founded2000
HQNew York, US
Websitejpmorganchase.com
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2019)256,981
Job Openings4,031
Revenue (FY, 2019)$142.4 B(+9%)
Share Price (Mar 2020)$91.1 (-7%)

Key People/Management at JPMorgan Chase

James Dimon

James Dimon

Chairman and Chief Executive Officer
Daniel E. Pinto

Daniel E. Pinto

Co-President and Co-Chief Operating Officer Corporate & Investment Bank CEO
Mary Callahan Erdoes

Mary Callahan Erdoes

Asset & Wealth Management CEO
Gordon A. Smith

Gordon A. Smith

Co-President and Co-Chief Operating Officer Consumer & Community Banking CEO
Marianne Lake

Marianne Lake

Consumer Lending CEO
Douglas B. Petno

Douglas B. Petno

Commercial Banking CEO
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JPMorgan Chase Office Locations

JPMorgan Chase has offices in New York, Atlanta, Austin, Baltimore and in 155 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 $142.37 b in FY, 2019 which is a 8.3% increase from the previous period.
USD

Revenue (FY, 2019)

142.4b

Revenue growth (FY, 2018 - FY, 2019), %

8.3%

Gross profit (FY, 2019)

115.6b

Gross profit margin (FY, 2019), %

81.2%

Net income (FY, 2019)

36.4b

Market capitalization (27-Mar-2020)

280.1b

Closing stock price (27-Mar-2020)

91.1

Cash (31-Dec-2019)

21.7b

EV

590.8b
JPMorgan Chase's current market capitalization is $280.1 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

101.0b105.5b113.9b131.4b142.4b

Revenue growth, %

(1%)4%8%15%8%

Cost of goods sold

7.5b9.8b14.3b22.4b26.8b

Gross profit

93.5b95.7b99.6b109.0b115.6b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

25.4b26.8b27.1b27.7b28.9b29.2b32.3b33.1b33.2b36.6b36.0b36.2b

Cost of goods sold

2.2b2.5b2.5b3.0b3.4b3.9b4.4b5.4b5.9b7.4b7.2b6.9b

Gross profit

23.2b24.4b24.7b24.7b25.5b25.3b27.9b27.8b27.3b29.1b28.8b29.3b

Gross profit Margin, %

91%91%91%89%88%87%86%84%82%80%80%81%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

20.5b23.9b25.8b278.8b21.7b

Accounts Receivable

46.6b52.3b67.7b73.2b72.9b

PP&E

14.4b14.1b14.2b14.9b25.8b

Total Assets

2.4t2.5t2.5t2.6t2.7t
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

24.4b24.7b24.4b32.5b36.4b

Depreciation and Amortization

4.9b5.5b6.2b7.8b8.4b

Accounts Payable

(23.4b)3.7b(8.5b)14.6b

Cash From Operating Activities

73.5b20.2b(2.5b)14.2b6.0b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

5.5b11.7b18.0b6.4b13.5b20.2b8.7b17.0b25.4b9.2b18.8b27.9b

Depreciation and Amortization

1.3b2.6b4.0b1.5b3.0b4.5b1.8b3.7b5.7b2.0b4.1b6.2b

Accounts Payable

124.0m3.7b5.7b(9.0b)(5.2b)(2.9b)(90.0m)12.6b26.7b10.7b8.8b19.7b

Cash From Operating Activities

(21.4b)(22.9b)(18.7b)(20.0b)(13.0b)(16.0b)(35.1b)576.0m13.7b(80.9b)(94.7b)(77.0b)
USDY, 2019

EV/CFO

97.7 x

Revenue/Employee

555.4k

Debt/Equity

1.3 x

Debt/Assets

0.1 x

Financial Leverage

10.3 x

P/E Ratio

8.5
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JPMorgan Chase Operating Metrics

JPMorgan Chase's Total Loans was reported to be $947b in Q3, 2019. JPMorgan Chase's Assets Under Management was reported to be $2.2t in Q3, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Total Loans

$757.34 b$764.19 b$791.25 b$809.46 b$837.30 b$847.31 b$872.80 b$888.05 b$894.77 b$895.97 b$908.77 b$913.76 b$930.70 b$934.42 b$948.41 b$954.32 b$984.55 b$956.24 b$954.90 b$947 b

Assets Under Management

$1.74 t$1.76 t$1.78 t$1.71 t$1.72 t$1.68 t$1.69 t$1.77 t$1.77 t$1.84 t$1.88 t$1.95 t$2.03 t$2.61 t$2.03 t$2.08 t$2 t$2.10 t$2.20 t$2.20 t

Non-performing Loans

$7.13 b$6.88 b

ATMs

18.06 k17.78 k
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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: 12.6% from Asset & Wealth Management, 8.1% from Commercial Banking, 32.6% from Corporate & Investment Bank and 46.6% from Consumer & Community Banking

Human Capital Metrics

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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

JPMorgan Chase offers sweetener to front-line staff during pandemic

JPMorgan Chase is to give front-line employees staffing its call centres and branches a $1000 bonus...

'Front line' employees at JPMorgan Chase who make less than $60,000 will get a $1,000 payment during the coronavirus pandemic (JPM)

JPMorgan Chase will give a $1,000 payment to "front line" employees in branches, operations, and call centers to help them during the coronavirus epidemic, the bank told employees in a memo shared with Business Insider.  Part-time and full-time employees who are required to work on site, and make …

JPMorgan Chase to close one-fifth of branch network

JPMorgan Chase is pulling the shutters down on 1000 branches in response to the escalating Coronavir...

JPMorgan Chase to close 1,000 Chase branches on coronavirus concerns

JPMorgan Chase and Co will temporarily shut about 1,000 bank branches, roughly 20%, to protect employees and reduce the spread of the coronavirus, according to a memo the bank sent to employees Wednesday.

How JPMorgan Chase Empowers Technology Innovation

Darpan Lalwani and her team built a tool that has simplified the trading process
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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 James Dimon, Daniel E. Pinto and Mary Callahan Erdoes.

  • 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 k.

  • Who are JPMorgan Chase competitors?

    Competitors of JPMorgan Chase include HSBC, Bank of America and Wells Fargo.

  • 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 155 other locations.

  • How many offices does JPMorgan Chase have?

    JPMorgan Chase has 173 offices.