With $3.4 trillion in total assets, JPMorgan Chase (JPM) is the largest bank in the U.S. and the fifth-largest bank in the world. Valued at $580.39 billion by market cap, it is well-known for its comprehensive investment banking, financial services, asset management, and commercial banking services. Headquartered in New York, it has operations in over 100 countries and serves a wide range of customers, from individual consumers to huge organizations and governments.
Shares of this global banking powerhouse have outperformed the broader market considerably over the past year. JPM has gained 50.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.9%. In 2024 alone, JPM stock is up 19%, surpassing the SPX’s 11.1% rise on a YTD basis.
