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) | 15.50 | 14.31 | 12.54 |
Price/Book Value | 2.58 | 1.16 | 1.57 |
Price/Sales | 4.81 | 2.63 | 3.09 |
Price/Cash Flow | 11.44 | 9.92 | 9.39 |
|
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|qp^&DtL | LOCK|n@ | $425B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|&f$?t?$ | LOCK|QB@&B | $341B | |||
| Royal Bank of Canada
RY
| LOCK|>>%d$Rs% | LOCK|>ZZ | $296B | |||
| Wells Fargo & Co
WFC
| LOCK|GL^JHt | LOCK|Cy | $258B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|b?dKy? | LOCK|?# | $249B | |||
| Citigroup Inc
C
| LOCK|@DF@y# | LOCK|pK> | $224B | |||
| The Toronto-Dominion Bank
TD
| LOCK|ckg$Q$C | LOCK|jn | $202B | |||
| Banco Santander SA ADR
SAN
| LOCK|!>& | LOCK|L&@y | $195B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|?MdDGy | LOCK|hRYJZ | $176B |
United States