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JPMorgan (JPM) Value Investing Data

🇺🇸 USJPM

As of 2026-06-26 · Last updated: 2026-07-07 · Source: SEC EDGAR (10-K), TradingView (price, financials, consensus), stockanalysis (P/E, ROE 5-year), Company IR · Prices & financials updated periodically (not real-time) · Information tool (not investment advice)

JPMorgan (JPM) Financial Health Check
In short: There are some financial points to watch
Does it earn well?
Yes, solidly
It generates steady profit relative to the capital invested.
Metrics · ROE 16.4% · Operating Margin 40.3% · Net Margin 31.4%
Will the company survive?
Heavy debt burden
Debt exceeds twice its equity, so financial risk warrants a closer look.
Metrics · D/E ~349% · Current Ratio 1.13
Is the price expensive now?
Not cheap (fair to slightly pricey)
Because it is a good, popular company, those expectations are already priced in.
Metrics · P/E 15.8 · P/B 2.6

Largest U.S. bank ($4T+ assets) with a four-segment moat. ROE 16% and 31% net margin lead peers, and ~16x P/E isn't pricey; leverage runs high, as banks do.

Compiled from public financial data. Not a recommendation to buy or sell any security. · Source: TradingView (margins, debt, liquidity, P/B are TTM; leverage is high given the bank model), as of 2026-06-26

Business Summary · Key Value Metrics
The largest U.S. commercial and investment bank (about $4 trillion in assets). Four segments—Corporate & Investment Bank (CIB), Consumer & Community Banking (CCB), Asset & Wealth Management (AWM), and Commercial Banking—give it resilience across cycles. TTM revenue $284.8B, ROE 16.4%, net margin 31.4%.
Current Price
$329.05
-1.81% -$6.07 · Close 2026-06-26
Analyst Consensus Target (external reference)
$346.82
Avg. of 27 external analysts · TradingView (27-analyst consensus, Buy)
P/E (TTM)
15.8x
TTM · reasonable for a bank
ROE
16.4%
TTM · above bank average
Net Margin
31.4%
TTM · best in class
P/B
2.59x
Premium (justified by ROE)
Dividend Yield
1.82%
Conservative payout
Market Cap
$881.7B
As of 2026-06-26

Economic Moat · Key Business Segments

JPMorgan is the largest U.S. bank with roughly $4 trillion in assets, so scale itself is a cost advantage. Its four segments—CIB, CCB, AWM, and Commercial Banking—provide resilience across cycles, and a large-bank charter is effectively a barrier to entry. ROE of 16.4% and a 31.4% net margin are best-in-class (source: company IR, TradingView).

Economies of ScaleAt $4T+ in assets, the dominant #1 among peers. Scale itself is a cost advantage.
Diversified RevenueFour segments—investment banking, consumer, wealth management, and commercial—cushion the cycle.
Brand and Trust200-plus years in finance, a top-tier global IB, and a survivor of the 2008 crisis.
Regulatory BarrierA large-bank charter makes new entry all but impossible.

10-Year Financial Trends

Revenue grew at a 9-year CAGR of +7.3%, net income +9.7%, and diluted EPS +13.9%—EPS rose fastest thanks to buybacks. High rates in 2023–24 lifted net income to $58.5B (2024), with $57.0B in 2025. EPS climbed from $6.19 in 2016 to $20.02 in 2025. Banks aren't read on an operating-income line, so revenue and EPS show the trend (source: SEC EDGAR 10-K, company IR).

10-Year Growth

Revenue$182B · CAGR +7.3%
$182B$0.0B20162025
EPS$20.02 · CAGR +13.9%
$20.02$0.0020162025

10-Year Valuation

P/E (year-end)16.1x · avg 12.0x
16.4x10.0x20212025
ROE16.1% · avg 15.9%
17.6%12.7%20212025
📊 Annual Data Table (JPM) — expand/collapse
YearRevenue (B$)EPS ($)P/E (x)ROE (%)
201696.66.19
2017100.76.31
20181099
2019115.710.72
20201208.88
2021121.615.3610.316.9
2022128.712.0911.112.9
2023158.116.2310.516
2024177.619.7512.117.4
2025182.420.0216.116.1

Recent Quarterly Operating Income

Quarterly operating income YoY growth:

2021 +1%2022 +6%2023 +23%2024 +12%2025 +3%

9-Year CAGR: Revenue +7.3% · Operating Income Limited data (bank) · Net Income +9.7% · EPS +13.9%

Source: SEC EDGAR 10-K, stockanalysis, company IR. Fiscal year (December) GAAP basis; EPS is diluted. As a bank, the operating-income line is replaced by revenue and EPS. P/E and ROE cover the last 5 years (stockanalysis).

Mega-Cap Value Metric Comparison

JPMorgan's 16.4% ROE tops BAC and WFC (about 10–12%), which justifies its P/B premium (2.59x). Given its profitability and franchise value that premium is defensible, but on a pure low-P/B strategy BAC and WFC are cheaper (source: TradingView, company filings).

Metric★ JPMBACWFC
P/E (TTM)15.8~13~14
P/B2.59~1.1~1.5
ROE16.4%~10%~12%

P/E, P/B, ROE = TTM · Source: TradingView, company filings, 2026-06-26.

Key Risk Factors (from 10-K)

Falling-Rate Cycle As the 2023–24 rate tailwind fades, net interest income (NII) is expected to come under pressure.Source: Company IR
Credit Losses and the Cycle Consumer delinquencies are edging up and there is commercial real estate exposure; a recession would widen loan losses.Source: Company 10-K
Management Succession Jamie Dimon's retirement could prompt a re-rating of the P/B premium; the succession plan is a wildcard.Source: Company IR
✦ ValueCrab Dashboard PreviewJPM $329.05 -1.81% · as of 2026-06-26
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Value Investing FAQ (JPM)

Q. What are JPMorgan's (JPM) key value-investing metrics?P/E (TTM) 15.8, ROE 16.4%, net margin 31.4%, P/B 2.59, dividend yield 1.82%, and a 9-year EPS CAGR of +13.9% (source: TradingView, company IR, as of 2026-06-26).
Q. How are bank stocks evaluated?Key measures are ROE, net interest income (NII), capital ratio (CET1), and loan losses. JPMorgan's 16.4% ROE beats the bank average (10–12%), and its four segments cushion the cycle.
Q. Isn't a P/B of 2.6x expensive?Many argue a P/B of 2.5–2.7x is justifiable if ROE stays above 16%. On a pure low-P/B strategy, BAC and WFC are cheaper. We don't offer valuation calls.

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