JPMorgan Chase reported strong second-quarter 2026 earnings results on July 14, sending shares up a low-single-digit percentage on the back of managed net revenue growth and ex-notables earnings per share growth of 14.8% and 23.7%, respectively, from a year ago.
JPMorgan Chase could white-label its infrastructure to small and midsized banks, such as a licensing fee to run digital payments on its Kinexys rail, generating further revenue diversification with SaaS-like margins.
Jamie Dimon’s eventual succession remains one of the largest key-man risks in the financial sector. Any sign of a leadership vacuum or a shift away from his fortress philosophy could lead to a significant valuation derating.
|
Metric
|
JPM
|
C
|
WFC
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.09 | 13.08 | 12.83 |
Price/Book Value | 2.69 | 1.18 | 1.60 |
Price/Sales | 5.01 | 2.66 | 3.16 |
Price/Cash Flow | 10.99 | 7.76 | 8.92 |
|
Metric
|
JPM
|
C
|
WFC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
JPM
|
C
|
WFC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.31% | 0.74% | 1.09% |
Return on Equity (Normalized) | 17.86% | 10.36% | 14.11% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Bank of America Corp
BAC
| LOCK|#!m#b> | LOCK|ncH | $442B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|<lz&RG | LOCK|<Y#S | $354B | |||
| Royal Bank of Canada
RY
| LOCK|>?YV>&^@ | LOCK|?$ | $292B | |||
| Wells Fargo & Co
WFC
| LOCK|#&l&$@ | LOCK|$S | $264B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|PD>!>X> | LOCK|Hf | $253B | |||
| Citigroup Inc
C
| LOCK|^yG?v@ | LOCK|>C | $226B | |||
| Banco Santander SA ADR
SAN
| LOCK|#M% | LOCK|>MQG | $211B | |||
| The Toronto-Dominion Bank
TD
| LOCK|@Nghg@ | LOCK|pr | $200B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|PjW?S> | LOCK|F^>gr | $164B |
United States