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) | 15.68 | 14.48 | 12.87 |
Price/Book Value | 2.61 | 1.18 | 1.61 |
Price/Sales | 4.86 | 2.66 | 3.17 |
Price/Cash Flow | 11.57 | 10.04 | 9.64 |
|
Metric
|
JPM
|
C
|
WFC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
JPM
|
C
|
WFC
|
|---|---|---|---|
Return on Assets (Normalized) | — | 0.69% | 1.06% |
Return on Equity (Normalized) | — | 9.40% | 13.36% |
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|L!<t!J | LOCK|H@ | $432B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|JT?<Tj | LOCK|JMMV | $340B | |||
| Royal Bank of Canada
RY
| LOCK|nPN@^m# | LOCK|!@ | $302B | |||
| Wells Fargo & Co
WFC
| LOCK|<Kp^Yj? | LOCK|QCN | $265B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|$$%hC? | LOCK|w^ | $257B | |||
| Citigroup Inc
C
| LOCK|Q$!Y>G! | LOCK|!TQ | $226B | |||
| The Toronto-Dominion Bank
TD
| LOCK|>jy!G$r | LOCK|p! | $206B | |||
| Banco Santander SA ADR
SAN
| LOCK|<ns | LOCK|q$zbC | $196B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|?@K&xG$ | LOCK|pllW | $179B |
United States