Headquarters:
New York City, United States
Founded:
2000 (via the merger of J.P. Morgan & Co. and Chase Manhattan Bank)
CEO:
Jamie Dimon
Employees:
Approximately 317,233 (as of 2024)
Stock Ticker:
JPM (traded on the NYSE)
Official Website:
www.jpmorganchase.com
💼 Business Overview
JPMorgan Chase is the largest bank in the United States and one of the largest financial institutions globally by total assets. The company provides a wide range of financial services through five main business segments:
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Consumer & Community Banking: Serves over 80 million customers with services including checking and savings accounts, credit cards, mortgages, and investment products.
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Corporate & Investment Banking: Offers strategic advice, capital raising, risk management, and liquidity solutions to corporations, governments, and institutions worldwide.
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Commercial Banking: Provides financial solutions to small, mid-sized, and large businesses, helping them grow and create positive community impact.
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Asset & Wealth Management: Offers tailored investment solutions across all asset classes for individuals, financial advisors, and institutions.
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Technology: With over 63,000 technologists, JPMorgan Chase develops advanced digital solutions used by millions of clients and institutions.
📊 Key Financials (2024)
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Net Income: $58.5 billion — a record high for the company
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Q4 Net Profit: $14 billion — up 50% from the prior year
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Revenue: $162.4 billion
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Total Assets: $3.4 trillion
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Return on Equity (ROE): 18%
JPMorgan increased its credit loss reserves by $1.4 billion due to economic uncertainty.
📈 Stock Performance
As of May 16, 2025, JPMorgan Chase shares (JPM) are trading at $267.49, up 0.76% from the previous close.