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JPM-PK

JPMorgan Chase & Co.

JPM-PK

JPMorgan Chase & Co. • NYSE
$19.47 ▲ 0.00% (+0.00)
Market Cap $53.00 B
52w High $20.97
52w Low $18.49
Dividend Yield 1.14%
P/E 1.44
Volume 33.97K
Outstanding Shares 2.72B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $71.9B ▲ $24.281B ▲ $14.393B ▼ 20.018% ▼ $5.09 ▼ $20.743B ▲
Q2-2025 $69.914B ▲ $23.739B ▲ $14.987B ▲ 21.436% ▲ $5.25 ▲ $20.494B ▲
Q1-2025 $68.907B ▲ $23.597B ▲ $14.643B ▲ 21.25% ▲ $5.08 ▲ $20.438B ▲
Q4-2024 $67.007B ▼ $22.762B ▲ $14.005B ▲ 20.901% ▲ $4.82 ▲ $19.34B ▲
Q3-2024 $69.667B $22.565B $12.898B 18.514% $4.38 $18.945B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $729.251B ▼ $4.56T ▲ $4.2T ▲ $360.212B ▲
Q2-2025 $890.916B ▲ $4.552T ▲ $4.196T ▲ $356.924B ▲
Q1-2025 $813.883B ▼ $4.358T ▲ $4.006T ▲ $351.42B ▲
Q4-2024 $866.007B ▲ $4.003T ▼ $3.658T ▼ $344.758B ▼
Q3-2024 $757.724B $4.21T $3.864T $345.836B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $14.325B ▼ $38.073B ▲ $-104.598B ▲ $-47.773B ▼ $-116.891B ▼ $38.073B ▲
Q2-2025 $14.987B ▲ $29.547B ▲ $-173.06B ▼ $122.804B ▼ $-5.576B ▲ $29.547B ▲
Q1-2025 $14.643B ▲ $-251.839B ▼ $-118.076B ▼ $318.059B ▲ $-43.414B ▼ $-251.839B ▼
Q4-2024 $14.005B ▲ $147.758B ▲ $17.62B ▲ $-115.705B ▼ $35.057B ▲ $147.758B ▲
Q3-2024 $12.898B $-74.081B $-43.405B $10.746B $-96.559B $-74.081B

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Asset and Wealth Management Segment
Asset and Wealth Management Segment
 $5.44Bn ▲$5.78Bn ▲$5.73Bn ▼$5.76Bn ▲
Commercial And Investment Bank
Commercial And Investment Bank
 $0 ▲$0 ▲$19.67Bn ▲$19.54Bn ▼
Consumer Community Banking
Consumer Community Banking
 $17.79Bn ▲$18.36Bn ▲$18.31Bn ▼$18.85Bn ▲
Segment Reconciling Items
Segment Reconciling Items
 $0 ▲$0 ▲$-700.00M ▼$-770.00M ▼
Segment Reporting Reconciling Item Corporate Nonsegment
Segment Reporting Reconciling Item Corporate Nonsegment
 $0 ▲$0 ▲$2.30Bn ▲$1.54Bn ▼
Corporate Investment Bank
Corporate Investment Bank
 $17.02Bn ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the last several years, JPMorgan’s income statement shows a clear pattern of growth and resilience. Revenue has climbed meaningfully since 2020, and profits have expanded even faster than sales, which suggests better pricing, strong trading and fee income, and solid cost control. Operating profit and net income both moved steadily higher, including through a volatile rate and credit cycle, which underlines how diversified the bank’s businesses are. Earnings per share have also trended up, helped by profit growth and ongoing efficiency. The main risk is that this level of profitability is partly tied to a favorable interest-rate and credit environment; a sharp downturn, higher credit losses, or tougher regulation could pressure margins and earnings from here.

Balance Sheet

Balance Sheet The balance sheet is large, diversified, and has grown over time, with assets and shareholders’ equity both moving upward. This suggests steady expansion of the loan book, trading activities, and fee-generating businesses, all supported by a stronger capital base. Cash levels have moved around year to year, which is normal for a global bank actively managing liquidity. Debt has increased as well, which is typical for a bank funding balance sheet growth, but it does underline the importance of careful funding and interest-rate management. Overall, the structure looks consistent with a globally systemic bank: substantial size, thick capital cushions by historical standards, but always exposed to shifts in funding markets, regulation, and the broader economy.

Cash Flow

Cash Flow Cash flow is more volatile than the income statement, which is common for a large bank. Operating cash flow has swung from strongly positive to negative in some years, driven mainly by movements in loans, deposits, trading assets, and other working capital items rather than by underlying profitability. There is essentially no traditional capital spending in the data, since most investment shows up in technology, people, and acquisitions rather than in factories or equipment. The pattern suggests that JPMorgan is actively deploying and rebalancing capital across businesses and markets. The main watchpoint is that negative operating cash flow in a given year should be interpreted in the context of loan growth and balance sheet strategy, not as a simple sign of weakness or strength.

Competitive Edge

Competitive Edge JPMorgan sits at the very top tier of global banks, with advantages that are hard for rivals to copy quickly. Its scale allows it to spread technology, compliance, and funding costs over a very large revenue base, which can support better profitability. The brand is strong, the product range is extremely broad, and the bank serves everyone from everyday consumers to governments and the world’s largest corporations. Regulation and complexity create high barriers for new entrants, while customers often find it cumbersome to move their entire relationship elsewhere, which helps retention. At the same time, its size and systemic importance mean it faces intense regulatory scrutiny and political attention, and it competes directly with other global banks and large fintechs, especially in payments, wealth management, and trading.

Innovation and R&D

Innovation and R&D JPMorgan is a technology-heavy bank, putting very large sums each year into software, data, and digital platforms. It is a leader in applying artificial intelligence and machine learning to trading, risk management, and customer service, and has developed its own AI platforms that are recognized across the industry. The bank has also been early in using blockchain for institutional payments and tokenized deposits, and it is steadily moving core systems to cloud infrastructure to improve speed and reduce unit costs. Cybersecurity is a central focus, given its scale and data sensitivity. Looking ahead, it is exploring generative AI, quantum computing, and targeted fintech acquisitions or partnerships to stay ahead of both traditional banks and new digital competitors. The key uncertainty is execution risk: integrating cutting-edge technology into a complex global institution without adding new operational or cyber risks.

Summary

Overall, the data paints a picture of a highly profitable, well-capitalized, and technologically advanced global bank that has used the last several years to strengthen its position. Earnings and capital have grown, the balance sheet has expanded prudently, and the firm has invested heavily in innovation, particularly in AI and digital infrastructure. Its competitive moat rests on scale, brand, regulatory barriers, and integrated offerings across retail, commercial, investment banking, and wealth management. On the other hand, JPMorgan remains exposed to the typical risks of a global bank: credit cycles, interest-rate shifts, regulatory changes, and occasional market shocks. Its technology push also brings complexity and cyber risk that must be managed carefully. For stakeholders, the story is one of a leading franchise with strong current performance, but still tightly linked to the health of the broader financial system and the success of its ongoing innovation strategy.