JPMorgan Chase (JPM) Stock Analysis

October 26, 2026

This is a peer-relative look at JPMorgan Chase (JPM): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Banks peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for JPMorgan Chase (JPM)
Profile Item	JPM
Name	JPMorgan Chase & Co.
Country/Region	United States
GICS Sector	Financials
GICS Industry Group	Banks
GICS Industry	Banks
GICS Sub-Industry	Diversified Banks
Market Capitalization	880.54 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	Common Stock

Price Performance

Cumulative Growth

JPM

GSPC

JPMorgan Chase (JPM) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for JPMorgan Chase (JPM) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for JPMorgan Chase (JPM) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Total Return (1Y)	14.74%	31.23%
Total Return (3Y, Annualized)	35.83%	28.55%
Total Return (5Y, Annualized)	16.92%	10.07%

Risk Profile

Drawdown History

JPM

GSPC

JPMorgan Chase (JPM) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for JPMorgan Chase (JPM) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Volatility (1Y, Annualized)	22.10%	24.40%
Beta (5Y)	1.04	0.73
Max Drawdown (5Y)	-38.64%	-43.52%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. JPM is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Sharpe Ratio (1Y)	0.47	1.04
Sortino Ratio (1Y)	0.65	1.58

Profitability

ROE (TTM)

JPMorgan Chase (JPM) posts ROE of 18.01%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

JPM

Banks industry group

18.01%

Group distribution

Max: 19.41%
JPM: 18.01%
Q3: 13.49%
Median: 11.36%
Q1: 9.48%
Min: 3.81%

Largest peers

JPM: 18.01%
RY: 16.21%
HSBC: 13.11%
WFC: 12.91%
TD: 12.83%
BAC: 10.73%
MUFG: 9.46%

Where JPMorgan Chase (JPM) stands on ROE within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

JPMorgan Chase (JPM) keeps 34.59% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

JPM

Banks industry group

34.59%

Group distribution

Max: 47.33%
Q3: 35.30%
JPM: 34.59%
Median: 31.10%
Q1: 27.27%
Min: 16.98%

Largest peers

HSBC: 37.80%
JPM: 34.59%
RY: 33.87%
BAC: 28.06%
WFC: 27.64%
MUFG: 27.45%
TD: 26.62%

Where JPMorgan Chase (JPM) stands on net margin within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

operating margin is set aside for JPMorgan Chase (JPM) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.

Profitability Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
ROE (TTM)	18.01%	11.36%
ROA (TTM)	1.37%	1.24%
Net Margin (TTM)	34.59%	31.10%
Operating Margin (TTM)	--	--
Gross Margin (TTM)	--	--

Growth

Revenue Growth

JPMorgan Chase (JPM) grew revenue 7.32%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

JPMorgan Chase (JPM): Revenue Growth across different time periods, set against Banks industry-group medians.

EPS Growth

JPMorgan Chase (JPM) grew earnings per share 1.37%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

JPMorgan Chase (JPM): EPS Growth across different time periods, set against Banks industry-group medians.

Growth Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Revenue Growth (YoY)	7.32%	11.23%
Revenue Growth (3Y CAGR)	12.50%	6.24%
EPS Growth (YoY)	1.37%	16.06%
EPS Growth (3Y CAGR)	18.31%	2.73%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for JPMorgan Chase (JPM) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for JPMorgan Chase (JPM) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

JPMorgan Chase (JPM) has dividend yield of 1.83%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

JPM

Banks industry group

1.83%

Group distribution

Max: 5.71%
Q3: 3.12%
Median: 2.29%
JPM: 1.83%
Q1: 0.97%
Min: 0.00%

Largest peers

MUFG: 401.68%
TD: 3.46%
RY: 3.26%
BAC: 2.27%
WFC: 2.23%
JPM: 1.83%
HSBC: 0.82%

Where JPMorgan Chase (JPM) stands on dividend yield within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

JPMorgan Chase (JPM) has payout ratio of 25.71%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

JPM

Banks industry group

25.71%

Group distribution

Max: 68.56%
Q3: 42.20%
Median: 29.17%
JPM: 25.71%
Q1: 19.91%
Min: 0.00%

Largest peers

HSBC: 53.57%
TD: 46.36%
RY: 41.49%
MUFG: 34.74%
WFC: 26.16%
BAC: 25.87%
JPM: 25.71%

Where JPMorgan Chase (JPM) stands on payout ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
Dividend Yield (TTM)	1.83%	2.29%
Dividend Payout Ratio (TTM)	25.71%	29.17%

Valuation

P/E Ratio (TTM)

JPMorgan Chase (JPM) trades at P/E ratio of 13.91, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

JPM

Banks industry group

13.91

Group distribution

Max: 18.61
Q3: 13.99
JPM: 13.91
Median: 12.13
Q1: 10.90
Min: 7.07

Largest peers

TD: 18.49
RY: 17.58
JPM: 13.91
MUFG: 13.77
HSBC: 12.95
BAC: 12.07
WFC: 11.62

Where JPMorgan Chase (JPM) stands on P/E ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

P/S ratio is not assessed for JPMorgan Chase (JPM) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.

P/B Ratio (MRQ)

JPMorgan Chase (JPM) trades at 2.51 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

JPM

Banks industry group

2.51

Group distribution

JPM: 2.51
Max: 2.31
Q3: 1.59
Median: 1.33
Q1: 1.10
Min: 0.41

Largest peers

HSBC: 7.20
RY: 2.92
JPM: 2.51
TD: 2.31
MUFG: 1.65
WFC: 1.56
BAC: 1.29

Where JPMorgan Chase (JPM) stands on P/B ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

JPMorgan Chase (JPM) metric values compared with Banks industry-group medians
Metric	Current stock: JPM	Industry group median
P/E Ratio (TTM)	13.91	12.13
P/S Ratio (TTM)	--	--
P/B Ratio (MRQ)	2.51	1.33
Free Cash Flow Yield (TTM)	--	--