Company Analysis

JPMorgan Chase & Co. (JPM)

NYSE: JPM · National Commercial Banks · New York, NY · filing with the SEC since 1994
Grade6.6
◀ Past 7.7● Present 6.6▶ Future 4.9

The company now

JPMorganChase reported third-quarter 2026 net income of $15.3 billion on 13 October 2026, up 6 percent on a year earlier 1. Revenue was $50.9 billion, up 8 percent, as net interest income, the gap between what loans earn and what deposits cost, rose 13 percent to $27.1 billion 1. Stock trading led the way: equity markets revenue rose 49 percent to $5.0 billion, while fixed income markets revenue fell 4 percent 1.

The quarter carried $658 million of net losses on investment securities in Corporate, the unit that manages the bank's own liquidity, funding and capital 12. Reuters reported it was the bank's first profit shortfall against analysts' estimates since the fourth quarter of 2023, as dealmaking and bond trading slowed 9. Chief financial officer Jeremy Barnum told reporters the investment banking pipeline remained very strong despite a slowdown in late September 9.

The open question is capital: chairman and chief executive Jamie Dimon said the bank reduced share repurchases in the quarter and believes it can deploy that capital over time at very attractive returns 1. Net buybacks were $664 million, beside a common dividend of $4.4 billion 1. The bank also raised its full-year net interest income expectation to about $106.2 billion, Reuters reported 9.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

Where the revenue comes from

No split of its revenue is on file yet.

The desk's written account, in full. As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed. Nothing here is advice.

Past

JPMorganChase traces its founding to New York City's first water company in 1799, and says it is built on more than 1,200 predecessor institutions 6. Its heritage firms include J.P. Morgan & Co., The Chase Manhattan Bank, Bank One, Chemical Bank, Washington Mutual, Bear Stearns and First Republic 6. The holding company itself was incorporated under Delaware law in 1968 2.

On 1 July 2004 Bank One Corporation merged into JPMorgan Chase, and Bank One's chairman and chief executive, Jamie Dimon, became president and chief operating officer 4. He became chief executive at the end of 2005 and chairman at the end of 2006 4. Revenue grew from $42.7 billion in 2004 to a record $71.4 billion in 2007 4.

The financial crisis brought two rescues in 2008 4. The Bear Stearns merger closed on 30 May 2008, and the banking operations of Washington Mutual Bank were bought on 25 September 2008 for $1.9 billion 4. Net income still fell to $5.6 billion from $15.4 billion, as the bank added $13.7 billion to its reserves for bad loans and took over $10 billion of markdowns 4.

In 2012 net income reached a record $21.3 billion on revenue of $97.0 billion, even though the Chief Investment Office lost $5.8 billion in the first half on a portfolio of credit derivatives 5. The company later found that the office's risk management had been ineffective as that portfolio grew in size and complexity 5. It also reported a material weakness in its controls over financial reporting at 31 March 2012 5.

On 1 May 2023 the company acquired certain assets and liabilities of First Republic Bank from the Federal Deposit Insurance Corporation, which had taken the failed bank over as receiver 2. The deal produced a one-time gain of $2.8 billion, because what it acquired was judged worth more than the price paid 2. Net income was $49.6 billion that year, on revenue of $158.1 billion 2.

Revenue rose to $177.6 billion in 2024 and $182.4 billion in 2025, while net income slipped 2 percent to $57.0 billion in 2025 2. The 2024 result had carried a $7.9 billion gain on Visa shares, and 2025 carried bigger provisions for credit losses, including $2.2 billion for the Apple Card portfolio it agreed to buy 2. Markets revenue, from trading for clients, rose 19 percent in 2025 to $35.8 billion 2.

Problem loans grew too: nonperforming assets rose 11 percent to $10.4 billion at the end of 2025, partly because of the California wildfires of January 2025 2. Average loans rose 6 percent to $1.4 trillion, and average deposits rose 5 percent to $2.5 trillion 2.

Present

Consumer and Community Banking

Consumer & Community Banking serves consumers and small businesses through branches, ATMs, phone and the mobile app 2. At the end of 2025 it counted 86.6 million consumer customers, 7.4 million small business customers and 5,083 branches in 48 states and the District of Columbia 2. A basic Chase Total Checking account carries a $15 or $0 monthly service fee 18.

Its revenue in 2025 was $76.0 billion: $42.9 billion from banking and wealth management, $28.2 billion from cards and auto loans, and $5.0 billion from home lending 2. In the third quarter of 2026 revenue rose 9 percent to $21.2 billion, led by Card Services & Auto, up 15 percent on larger card balances 1. Spending on its debit and credit cards rose 10 percent, and the card net charge-off rate, the share of balances written off as unpaid, was 2.91 percent 1.

Its premium travel card, Chase Sapphire Reserve, carries a $795 annual fee 17. The bank's chief executive said it ranked first in U.S. retail deposits for the sixth year in a row and added over 650,000 net new checking accounts in the quarter 1.

Commercial and Investment Bank

The Commercial & Investment Bank advises companies on deals, raises money for them in stock and bond markets, lends, moves payments and makes markets in securities and derivatives for corporate and institutional clients 2. Its revenue for the full year of 2025 was $78.5 billion, of which markets brought $35.8 billion, payments $19.3 billion and investment banking fees $9.7 billion 2.

In the third quarter of 2026 its revenue rose 14 percent to $22.7 billion, with equity markets up 49 percent, led by prime brokerage and derivatives 1. It ranked first in global investment banking fees with a 9.2 percent share of the year's fee pool to 1 October 2026, citing Dealogic 1. Securities Services, which holds and services investors' assets as custodian, earned $1.6 billion, up 14 percent 12.

Asset and Wealth Management

Asset & Wealth Management runs investment funds for institutions and individuals and, through the Global Private Bank, serves wealthy clients with retirement planning, lending and custody 2. Assets under management reached $5.2 trillion at 30 September 2026, up 13 percent, and client assets $7.9 trillion 1. In 2025 the segment earned $6.5 billion on revenue of $24.1 billion 2.

Corporate and the balance sheet

Corporate holds the Treasury and Chief Investment Office, which manage the bank's liquidity, funding, capital and interest rate risk 2. The firm had $5.1 trillion of assets and $372 billion of stockholders' equity at 30 September 2026 1. Corporate also carries the consumer ventures abroad: Chase U.K., Chase Europe, launched in Germany in May 2026, and J.P. Morgan Personal Investing 3.

Offices and people

The headquarters is 270 Park Avenue in New York, a 60-story building the company owns 2. At the end of 2025 it owned or leased about 74.2 million square feet worldwide, including 6.6 million in India 2. It employed 318,512 people in 66 countries, 58 percent of them in the United States 2.

Jamie Dimon is chairman and chief executive, and the board's independent members set his pay for 2025 at $43 million, most of it in performance share units 18. On 25 June 2026 the board made Doug Petno and Troy Rohrbaugh co-presidents 7. Petno became sole head of the Commercial & Investment Bank and Rohrbaugh head of consumer banking, as Marianne Lake retired 7.

Rivals

The annual report names its competitors as other banks, brokerages, investment banks, hedge funds, private equity firms, card companies and financial technology firms, among others 2. It says new rivals keep emerging, including firms that offer services solely through the internet 2. Reuters named Goldman Sachs, Citigroup and Wells Fargo as rivals reporting the same week, and Morgan Stanley as a precedent for the succession 910.

Problems

The annual report puts the reasonably possible losses from its legal cases, beyond its reserves, at up to about $1.2 billion 2. The cases include merchants' interchange lawsuits against Visa, Mastercard and banks, and an Indian investigation tied to the Amrapali housing projects 2. President Donald J Trump, in his personal capacity, sued the bank and its chief executive in Florida state court in January 2026 2.

Credit is the other watch point: the bank set aside $2.7 billion for credit losses in the third quarter of 2026, including a $539 million addition to reserves, mainly for corporate loans 1.

The umbrella, in words

The company sells under two brands, J.P. Morgan and Chase 2. Its main bank is JPMorgan Chase Bank, National Association, with branches in 48 states, and its main broker-dealer is J.P. Morgan Securities LLC 2. Abroad it works mainly through J.P. Morgan Securities plc in the United Kingdom and J.P. Morgan SE in Germany 2.

Its subsidiaries exhibit lists the significant subsidiaries only, among them Paymentech, LLC, JPMorgan Securities Japan Co., Ltd. and J.P. Morgan Services India Private Limited 14. Asset management sits under JPMorgan Asset Management Holdings Inc. and J.P. Morgan Investment Management Inc., with fund arms in the United Kingdom and Luxembourg 14.

It owns a stake in C6 Bank, held in Corporate 3. Its Strategic Investment Group, led by Todd Combs, had committed $5 billion of a $10 billion equity allocation by October 2026, investing in defense technology, battery storage and manufacturing companies 12. It agreed on 30 December 2025 to buy the Apple Card portfolio, estimated at over $20 billion of balances, with closing expected in about 24 months 213.

Its largest holder on file is Vanguard Capital Management, which reported 7.06 percent of the common stock on 30 April 2026, as an investment adviser for funds and clients 15. Shareholders elected all 11 board nominees on 19 May 2026, each with at least 92.37 percent of votes cast, and turned down a proposal for an independent board chairman 16.

Future

The bank raised its outlook for 2026 with its third-quarter results, Reuters reported: net interest income of about $106.2 billion, or $97.2 billion excluding markets, up from $105.5 billion and $96.5 billion 93. It also raised expected adjusted expense to about $108.6 billion from $107.5 billion, Reuters reported 93. For 2027 it gave a preliminary figure of about $107 billion for net interest income excluding markets 9.

In July 2026 management said it expects the card net charge-off rate for the year to be about 3.2 percent, below the 3.4 percent it expected in January 32. Barnum said he expects delayed deals to be postponed rather than canceled, and pointed to the usual seasonal dip in fourth-quarter trading revenue 9.

Chase is set to become the issuer of Apple Card, announced on 7 January 2026, with the transition expected in about 24 months and subject to regulatory approvals 213. Mastercard stays the card's payment network, and the card offers up to 3 percent Daily Cash back 13.

Under its Security and Resiliency Initiative, launched on 13 October 2025, the company plans to facilitate, finance and invest $1.5 trillion over ten years in industries critical to national economic security 11. That includes up to $10 billion of direct equity and venture capital investments, and the company said it would hire more bankers and experts for the effort 11. In its first year the initiative financed and facilitated more than $230 billion across five areas, from defense and aerospace to energy and pharmaceuticals, the company said on 19 October 2026 12.

Dimon plans to stay as chief executive for up to three more years and then become executive chairman, Reuters reported on 29 June 2026, citing people familiar with the plans 10. Insiders hoped a successor, Rohrbaugh or Petno, would be named before then, Reuters reported 10. The two each received a $30 million retention award that vests after three years only if the firm averages a 12 percent return on tangible common equity over 2026 to 2028 7.

What it may be looking into

Speculation Speculation, labeled as such: where the clues point, how sure the desk is of each, and what would change it. It is not a forecast and not advice.

  1. Speculation

    JPMorganChase may take its digital consumer bank into more European countries after the U.K. and Germany.

    Because

    • The 2025 annual report lists Chase U.K. and J.P. Morgan Personal Investing, formerly Nutmeg, among the firm's international consumer initiatives 2.
    • By its quarterly report of August 2026, Chase Europe had opened in Germany, in May 2026, a second consumer bank under the Chase name in Europe 3.
    Confidence 45 of 100What would change this A results release or quarterly report naming a Chase launch in a third European country would confirm it 13. A sale or closure of Chase U.K. or Chase Europe would refute it 3.
  2. Speculation

    The company may be slowing buybacks to keep capital for a larger purchase or a bigger investment program.

    Because

    • Dimon said the bank reduced share repurchases in the third quarter in line with its capital hierarchy, which puts investing in the franchise at the top 1.
    • Its Strategic Investment Group committed $5 billion of a $10 billion equity allocation in its first year 12.
    • It has also agreed to buy the Apple Card portfolio, estimated at over $20 billion of card balances 13.
    Confidence 40 of 100What would change this A Form 8-K announcing an acquisition would support it 1. Buybacks back near their earlier pace in the fourth-quarter results, with no deal announced, would weaken it 1.
  3. Speculation

    JPMorganChase may be building tokenized assets on blockchains into a business line of its own.

    Because

    • The bank holds a granted U.S. patent for systems that tokenize assets through a blockchain-to-blockchain bridge, with the assets held at a triparty agent or custodian 19.
    • Its annual report warns that tokenized securities and other products built on distributed ledgers could disrupt payments processing and other services 2.
    Confidence 35 of 100What would change this A filing or results release naming clients or revenue for a tokenized asset or deposit product would confirm it 12. No such product in the next annual report would weaken it 2.

How the company works

The desk has not read this company's annual report yet.

The record in brief

five sections from the record

By the desk, an AI model (Claude Haiku 4.5), written from the company's record on Oct 21, 2026; nothing here is advice. Every sentence rests on the numbered source beside it, and a sentence the record did not support was cut before the report was kept.

A newer quarterly report (Form 10-Q, filed 2026-11-03) is on file; this report was written before it, and the desk writes it again on request.

Past

JPMorgan Chase revenue grew from $97 billion in fiscal 2016 to $182 billion in fiscal 2025, up 7.3% a year, and rose in 9 of 9 years with no fall from a peak. Net income was positive in 10 of 10 of those years. Over the three fiscal years to 2025, the diluted share count shrank about 2.2% a year, and dividends and buybacks returned about 64% of net income over those three years. Dividends declared per share rose from $1.88 in fiscal 2016 to $5.80 in fiscal 2025. The filings since 2017 show no warning events: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice. 12

Present

In the fiscal year ended 2025-12-31, JPMorgan Chase reported revenue of $182 billion and a profit of $57 billion. Return on equity earned about 16 cents of profit for every dollar of shareholders' money. Leverage stood at about 92 cents owed per dollar of assets, and the share count shrank 3.4% over the year. The company's revenue of $182 billion in fiscal 2025 ranks in the top 1% by size among its industry family; a net margin of 31.3% ranks in the top 13%; revenue growth of 12.3% a year over the last three filed years ranks in the bottom 21%. 31

The chief executive on the record is Dimon, James (Chairman & CEO, as filed), filing under that title since 2006-01-20, 20.8 years; the 23 officers and directors filing in the last fifteen months have been on the record a median of 8.6 years; 11 officer or director changes were reported on Form 8-K since 2023-10-21, against the 23 people in charge now. Officers and directors filed 43 sales (43 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-15. 1

Future

A quarterly report (Form 10-Q) for the quarter ending 2026-09-30 is due by 2026-11-09 under the SEC's rules. An annual report (Form 10-K) for the fiscal year ending 2026-12-31 is due by 2027-03-01 under the SEC's rules. 4

Room to grow leaves cash of $343 billion against no long-term debt tagged at 7.8% of assets as net cash, in the top 16% of its family; cash from operations less capital spending is -81% of revenue, in the bottom 2%. Revenue grew 12.3% a year over the last three filed years against 7.3% over all 10, speeding up; the newest year grew 2.8%. The company reported 3 lines of business in fiscal 2025: Commercial and Investment Bank at $78 billion, Consumer Community Banking at $76 billion, Asset and Wealth Management at $24 billion. All 3 grew in the latest filed year, and the largest line is 44% of revenue. 1

How the company operates

JPMorgan Chase operates as a lending business. The company reported three lines of business in fiscal 2025: Commercial and Investment Bank at $78 billion, Consumer Community Banking at $76 billion, and Asset and Wealth Management at $24 billion. As of 2025-12-31, the company owns $4,424.90 billion and owes $4,062.46 billion, with shareholders' equity of $362.44 billion. 315

New moves

On 2026-10-21, JPMorgan Chase filed a Form 424B2, an offering prospectus for notes or structured products, financial health where notes are sold, often a bank's structured products. On 2026-10-20, the company filed a Form 424B3, a shelf offering where registered securities are resold. 4

On 2026-10-15, Morgan Stanley earned $4.9 billion on stock trading and wealth, with all six big U. S. banks reporting more revenue than a year earlier; stock trading was higher at all six, bond trading lower at four, the company adjacent to the event. 6

Sources

a number beside a sentence opens its entry in its own document's list
The written account 19 sources · as of Oct 28, 2026
  1. Exhibit 99.1 to Form 8-K, Earnings Release, Third Quarter 2026 Results ↗JPMorgan Chase & Co. (SEC filing) · filed Oct 13, 2026
  2. Form 10-K, annual report for the fiscal year ended 31 December 2025 ↗JPMorgan Chase & Co. (SEC filing) · filed Feb 13, 2026
  3. Form 10-Q, quarterly report for the quarter ended 30 June 2026 ↗JPMorgan Chase & Co. (SEC filing) · filed Aug 6, 2026
  4. Form 10-K, annual report for the fiscal year ended 31 December 2008 ↗JPMorgan Chase & Co. (SEC filing) · filed Mar 2, 2009
  5. Form 10-K, annual report for the fiscal year ended 31 December 2012 ↗JPMorgan Chase & Co. (SEC filing) · filed Feb 28, 2013
  6. Our history ↗JPMorganChase (company history page) · read Oct 28, 2026
  7. Form 8-K, Item 5.02, co-presidents named and retention awards ↗JPMorgan Chase & Co. (SEC filing) · filed Jun 25, 2026
  8. Form 8-K, Item 5.02(e), annual compensation for 2025 of the chief executive ↗JPMorgan Chase & Co. (SEC filing) · filed Jan 22, 2026
  9. JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum ↗Reuters, published by Devdiscourse · Oct 13, 2026
  10. As JPMorgan succession takes shape, insiders say this time it is for real ↗Reuters (Anirban Sen, Nupur Anand, Manya Saini), published by Kitco News · Jun 29, 2026
  11. JPMorganChase launches $1.5 trillion Security and Resiliency Initiative to boost critical industries ↗JPMorganChase (press release) · Oct 13, 2025
  12. One year of the Security and Resiliency Initiative ↗JPMorganChase (press release) · Oct 19, 2026
  13. Chase to become new issuer of Apple Card ↗JPMorganChase (press release) · Jan 7, 2026
  14. Exhibit 21 to Form 10-K for 2025, List of subsidiaries ↗JPMorgan Chase & Co. (SEC filing) · filed Feb 13, 2026
  15. Schedule 13G on JPMorgan Chase & Co common stock ↗Vanguard Capital Management (SEC filing) · filed Apr 30, 2026
  16. Form 8-K, Item 5.07, results of the 2026 annual meeting vote ↗JPMorgan Chase & Co. (SEC filing) · filed May 21, 2026
  17. Chase Sapphire Reserve Credit Card ↗Chase (product page) · read Oct 28, 2026
  18. Chase Total Checking ↗Chase (product page) · read Oct 28, 2026
  19. Systems and methods for tokenizing assets via blockchain-to-blockchain bridge using underlying assets held at a triparty agent or custodian ↗United States Patent and Trademark Office (patent granted to JPMorgan Chase Bank, N.A.) · Dec 30, 2025
The record in brief 6 sources · written Oct 21, 2026
  1. JPM: the nine metricsthis site's record
    show the quoted wordsTrack record (past, graded 6.3 of 10, weighs 22% of the past): JPMorgan Chase & Co.'s 10 filed years say what it did: revenue went from $97 billion in fiscal 2016 to $182 billion in fiscal 2025, up 7.3% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).Shareholder treatment (past, graded 8.8 of 10, weighs 33% of the past): Over the 3 fiscal years to 2025-12-31, JPMorgan Chase & Co.'s diluted share count shrank about 2.2% a year, and dividends and buybacks returned about 64% of its net income over 3 years (its filed statements).Surviving crises (past, graded 7.5 of 10, weighs 45% of the past): JPMorgan Chase & Co.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).Financial health (present, graded 6.5 of 10, weighs 45% of the present): Return on equity: in the fiscal year ended 2025-12-31, JPMorgan Chase & Co. earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 92 cents per dollar of assets, and net share issuance: its share count shrank 3.4% over the year (the filed statements).Industry position (present, graded 6.9 of 10, weighs 33% of the present): JPMorgan Chase & Co.'s standing among 79 graded names in its industry family: revenue of $182 billion in fiscal 2025 ranks in the top 1% by size; a net margin of 31.3% ranks in the top 13%; revenue growth of 12.3% a year over the last 3 filed years ranks in the bottom 21% (its annual reports).Leadership (present, graded 6.2 of 10, weighs 22% of the present): JPMorgan Chase & Co.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Dimon, James (Chairman & CEO, as filed), filing under that title since 2006-01-20, 20.8 years (top 2% of its family); the 23 officers and directors filing in the last fifteen months have been on the record a mIts officers and directors filed 43 sales (43 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-15 (their Form 4 filings).Room to expand (future, graded 4.3 of 10, weighs 33% of the future): JPMorgan Chase & Co.'s room to grow, from the newest filed statements (fiscal 2025): cash of $343 billion against no long-term debt tagged leaves 7.8% of its assets as net cash, top 16% of its family; cash from operations less capital spending is -81% of revenue (bottom 2%) (its annual report).Growth drivers (future, graded 4.9 of 10, weighs 33% of the future): JPMorgan Chase & Co.'s growth drivers, from the filed years to fiscal 2025: revenue grew 12.3% a year over the last three filed years against 7.3% over all 10, speeding up (top 46% of its family); the newest year grew 2.8% (bottom 44%) (its annual reports).JPMorgan Chase & Co. reported 3 lines of business in fiscal 2025: Commercial and Investment Bank at $78 billion, Consumer Community Banking at $76 billion, Asset and Wealth Management at $24 billion. 3 of 3 grew in the latest filed year, and the largest line is 44% of revenue (its annual report).JPMorgan Chase & Co. reported 3 lines of business in fiscal 2025: Commercial and Investment Bank at $78 billion, Consumer Community Banking at $76 billion, Asset and Wealth Management at $24 billion.
  2. JPM: the statements' history (names, splits, dividends per share)a filing
    show the quoted wordsDividends declared per share (USD per share, what it declared for each share in the period), by fiscal year: FY2025 5.8; FY2024 4.8; FY2023 4.1; FY2022 4; FY2021 3.8; FY2020 3.6; FY2019 3.4; FY2018 2.72; FY2017 2.12; FY2016 1.88.
  3. JPM: the company filethis site's record
    show the quoted wordsIn its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $182 billion and a profit of $57 billion (its filed statements).Lending business (prior from its industry code (SEC 6021, National Commercial Banks); the filing read can change it).
  4. JPM: the filing record, ten yearsa filing
    show the quoted wordsDeadline ahead: Quarterly report (Form 10-Q) for the quarter ending 2026-09-30 is due by 2026-11-09; large accelerated filers have 40 days after the quarter ends; quarter ends are taken to the month end. A deadline under the SEC's rules, not a prediction of when it will file.Deadline ahead: Annual report (Form 10-K) for the fiscal year ending 2026-12-31 is due by 2027-03-01; large accelerated filers have 60 days after the fiscal year ends. A deadline under the SEC's rules, not a prediction of when it will file.2026-10-21: Form 424B2, Offering prospectus, notes or structured products. Financial health where notes are sold; often a bank's structured products. Document: https://www.sec.gov/Archives/edgar/data/19617/000121390026111145 2026-10-21: Form 424B2, Offering prospectus, notes or structured products.Document: https://www.sec.gov/Archives/edgar/data/19617/000121390026111092 2026-10-20: Form 424B3, Shelf offering. The share count, where registered securities are resold. Document: https://www.sec.gov/Archives/edgar/data/19617/000191870426032153 2026-10-20: Form 424B2, Offering prospectus, notes or structured products.
  5. JPM: net worth, from the balance sheeta filing
    show the quoted wordsShareholders' equity, or book value, the net worth on its own books: $362.44 billion as of 2025-12-31, what it owns minus what it owes (the filed figure, us-gaap:StockholdersEquity, Form 10-K filed 2026-02-13). It owns $4424.90 billion and owes $4062.46 billion.
  6. JPM: the stories that name itthis site's record
    show the quoted words(a story by the desk; the company is named in the event; /n/big-banks-earn-more-in-third-quarter-as-chiefs-name-rate-risks/) 2026-10-08: "Ten-year sale clears at 5.30 percent, the highest since 2000": The Treasury sold $39 billion of ten-year notes on Wednesday 7 October at a high yield of 5.300 percent, the highest at a ten-year sale since 8 November 2000, with bids for 2.77 times the amount acce(a study by the desk; the company is adjacent to the event; /n/study-yanbu-investment-summit-moves-to-2027-as-uk-sends-jets/) 2026-10-15: "Morgan Stanley earns $4.9 billion on stock trading and wealth": All six big U.S. banks reported more revenue than a year earlier; stock trading was higher at all six, bond trading lower at four.
SI Assistanton JPM · research, not advice