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JPM-PL

JPMorgan Chase & Co.

JPM-PL

JPMorgan Chase & Co. • NYSE
$19.81 ▼ -0.45% (-0.09)
Market Cap $53.93 B
52w High $21.50
52w Low $18.89
Dividend Yield 1.16%
P/E 1.47
Volume 73.68K
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 past several years, JPMorgan Chase has grown its revenue meaningfully while also lifting profitability. Earnings have risen steadily, suggesting the bank has benefited from higher interest rates, strong trading and fee income, and good cost discipline. There was some margin pressure in the middle of the period, but profitability rebounded and now sits at a robust level by large‑bank standards. Overall, the income statement points to a franchise that earns healthy, relatively consistent profits through different parts of the cycle.

Balance Sheet

Balance Sheet The balance sheet is enormous and has grown steadily, reflecting JPMorgan’s role as a global systemically important bank. Both assets and shareholder equity have moved higher, indicating that growth has been backed by additional capital rather than just more leverage. Debt and other funding have also increased, which is normal for a large bank, but capital levels appear to have kept pace. Liquidity is strong, even though cash balances move around from year to year, which is typical given how bank balance sheets respond to client deposits and market conditions.

Cash Flow

Cash Flow Reported cash flow is quite volatile, swinging between large inflows and outflows, which is common for banks. Changes in loans, deposits, and trading positions can make operating cash flow look negative in some years even when the bank is solidly profitable. Since capital spending is relatively light, traditional free‑cash‑flow metrics are less informative here than for an industrial company. The key takeaway is that cash movements reflect balance‑sheet management and market activity more than underlying earnings strength or weakness.

Competitive Edge

Competitive Edge JPMorgan Chase holds a leading position among global banks, supported by its scale, brand, and breadth of services. Its mix of consumer banking, corporate banking, investment banking, and asset management reduces reliance on any single business line and helps smooth results across cycles. Heavy regulation creates high barriers to entry, which tends to favor large, well‑run incumbents like JPMorgan. At the same time, the bank remains exposed to economic downturns, regulatory shifts, and competition from nimble fintech players, even if its starting position is very strong.

Innovation and R&D

Innovation and R&D The company invests heavily in technology, from artificial intelligence and data analytics to blockchain-based payment networks. These efforts aim to make trading, payments, and customer service faster, more efficient, and more personalized. JPMorgan also uses selective acquisitions and partnerships to stay at the forefront of digital banking and embedded finance. The main opportunity is to deepen its moat and cut costs through technology, but it must manage execution risk, cybersecurity, and regulatory scrutiny as it pushes into new digital areas.

Summary

Putting it all together, JPMorgan Chase combines strong, growing earnings with a very large and well‑capitalized balance sheet. The bank’s diversified business mix and global reach provide resilience, while its substantial technology investments are designed to protect and extend its competitive edge. Cash flows can look choppy, but that is largely a function of how bank balance sheets work rather than a sign of unstable profitability. For holders of instruments like JPM‑PL, the story is mainly about the durability of JPMorgan’s franchise and its ability to navigate credit cycles, interest‑rate shifts, and regulatory changes over time.