JPMorgan Chase
FinancialsAmerica's largest bank
$198.45 +0.40% today · Market cap $570B
Step 1 · The business
What does it do?
JPMorgan runs consumer banking (Chase), lends to businesses, and operates one of the biggest investment banks and asset managers.
How it makes money
Share of yearly revenue
Step 2 · The case for
Why might investors care?
What people like about it, then how the business is doing — each number in plain words.
- Scale and a strong track record through crises
How it's doing
Revenue growth
Sales grew 9% over the past year.
Large companies often grow 3–10% a year.
Profit margin
It keeps about $31 of profit from every $100 of sales.
Varies by industry: retailers ~3%, software 30%+.
Price / earnings (P/E)
Investors pay $12 for each $1 of yearly profit.
The S&P 500 average is around 20–25×.
Dividend yield
Pays about $2.30 a year for every $100 of stock.
Steady, mature companies often pay 2–4%.
Step 3 · The case against
What could go wrong?
The risks people point to, and how bumpy owning it can be.
- Loan losses rise in a recession
- Profits are sensitive to interest rates
Typical yearly swing
In a typical year the price might end ~23% above or below where it started.
The S&P 500 swings about 17% a year.
If the market fell 15%
A broad 15% fall would move JPM about 15% in MAVEST's scenario model.
A learning scenario, not a forecast.
Debt level
Borrows heavily relative to its size (normal for banks).
Step 4 · Your turn
Before you decide
Questions worth answering for yourself — there are no right answers.
- 1If you already own Financials companies, does this add something new — or more of the same?
In your portfolio
You haven't built a practice portfolio yet. Thinking this through starts one, or open Portfolio Lab.
Starts the Decision Coach · practice money · you choose the amount
Price history
Simulated history on mock data. A price move alone isn't a reason to decide.
$198.45+0.40% today
+19.63% over 1Y · Market cap $570B
What others are thinking
Reasoning shared by other learners — not tips.
No one has shared research on JPM yet. Yours could be the first.
Others in Financials