JPMorgan Chase & Co. is a financial holding company. It has four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). CCB segment offers products and services to consumers and small businesses through bank branches; ATMs; digital, including mobile and online; and telephone banking. CIB segment consists of banking and markets and securities services, offers a suite of investment banking, market-making, prime brokerage, lending, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, merchants, government and municipal entities. CB segment provides financial solutions, including lending, payments, investment banking and asset management products across three primary client segments: middle market banking, corporate client banking and commercial real estate banking. AWM segment is engaged in investment and wealth management.
Financial Powerhouse | JPMorgan Chase showcases resilience with robust Q2 earnings, surpassing expectations. Net income reached $14.5 billion, with EPS of $4.83, exceeding estimates by 13%. |
Strategic Growth | Explore JPMorgan's initiatives in technology, product expansion, and global markets. The bank aims for a 17% return on tangible common equity, driving long-term value. |
Risk and Capital | Delve into JPMorgan's credit quality metrics, capital management, and shareholder returns. The bank maintains a strong CET1 ratio of 13.8%, enabling flexibility and growth. |
Market Outlook | Analyst price targets range from $195 to $235, with an average of $214. JPMorgan projects $91 billion in net interest income for 2024, navigating economic uncertainties. |
Metrics to compare | JPM | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipJPMPeersSector | |
---|---|---|---|---|
P/E Ratio | 13.0x | 7.4x | 8.7x | |
PEG Ratio | 1.80 | 0.26 | 0.03 | |
Price/Book | 2.1x | 1.5x | 1.0x | |
Price / LTM Sales | 4.2x | 3.4x | 2.7x | |
Upside (Analyst Target) | −0.7% | −5.5% | 10.8% | |
Fair Value Upside | Unlock | 2.6% | 3.1% | Unlock |