JPMorgan Chase (JPM) Research Report — Score, Intrinsic Value, Peer Rankings

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

$343.06 $4.50(1.33%)as of Friday's close

52‑wk Range

$279.10

$366.50

Cap ($M USD) $911,917

P/E 14.7

EPS (1Y)19.8%

Dividend$6.60

Last Filing06/30/26

Sales ($M)194,911

Fwd. P/E 13.7

Sales (1Y)11.3%

Fwd. Yield 1.9%

Next Earnings10/13/26

JPM has underperformed the S&P 500 by -6.4% in the past year.

JPM has outperformed its sector by 7.7% in the past year.

The Financial Services sector has underperformed the market by -14.1% in the past year.

ANALYST CONSENSUS

Buy

The consensus rating has worsened a little since last month when it was also Buy.

Strong Buy

Buy

Hold

Sell

Strong Sell

Strong BuyBuyHoldSellStrong Sell

QUANTITATIVE SCORES

Fair Value

$326.57

Uncertain Confidence

Margin of Safety

-5%

The Margin of Safety is the difference between a company's Fair Value and the current price. See more on page 8.

Value Score

Value Score: Our value score looks at EV/EBITDA, P/E, P/S, P/TB (Price/Tangible Book) and EPS Predictability. P/S and P/TB are compared within a sector. Other metrics are compared across all stocks

Quality Score

Quality Score: Our quality score compares profitability and balance sheet metrics to find high quality companies using ROIC, Net Margin, Gross Margin, Interest Coverage, and Debt / Equity metrics.

Growth Score

Growth Score: Our growth score looks at the 5 year history and the forward estimates for EBITDA, Sales, and EPS growth, ranking the best companies across all stocks.

Sentiment Score

Sentiment Score: Our sentiment score finds stocks in favor by analyzing Short Interest, returns in key periods over the last year, Price vs. 52-wk High, Days Since 52-wk High and MACD signals.

BUSINESS SUMMARY

JPMorgan is a leading global financial services firm with operations in 66 countries and over 320,000 employees as of June 2026. Under the JPMorgan brands, the bank holding company boasts a $5.0 trillion balance sheet and $2.71 trillion in deposits, as of June 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.6 trillion in client assets within its wealth and asset management franchise.

Employees 320,560Homepage www.jpmorganchase.comHeadquarters New York, NY

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

VALUATION SUMMARY

	JPM	Industry	S&P 500
Value Score	54	74	69
Price / Earnings	14.7	12.4	27.0
Price / Sales	4.8	3.8	3.7
Price / Free Cash Flow	-	7.2	36.3
Price / Book	2.6	1.4	5.9
Price / Tangible Book	3.2	9.0	374.0
EV / EBITDA	-	-	19.7
EPS Predict. Pctl.	92	81	71
Piotroski F Score	5	5	6

5‑Year P/E Range	7.4 16.9
5‑Year P/B Range	1.2 2.7
5‑Year P/S Range	2.5 5.3

GROWTH SUMMARY

	JPM	Industry	S&P 500
Growth Score	47	50	78
Sales Growth
Sales Growth Next Year	2.8%	7.8%	23.2%
Sales 1‑Year Chg (%)	11.3%	3.7%	22.6%
Sales 3‑Year Avg (%)	10.9%	5.9%	14.8%
Sales 5‑Year Avg (%)	9.9%	4.6%	13.4%
EPS Growth
Next Yr. Growth Est.	3.5%	7.7%	33.7%
EPS 1‑Year Chg (%)	19.8%	10.4%	37.3%
EPS 3‑Year Avg (%)	14.5%	10.2%	18.3%
EPS 5‑Year Avg (%)	9.2%	7.0%	15.3%

PEERS ANALYSIS SUMMARY

Ticker

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Company

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Cap ($M USD)

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P/E

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Fwd. Yield

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1M Return

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1Y Return

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Margin of Safety

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Value Score

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Growth Score

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Quality Score

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JPM

JPMorgan Chase

$911,917

14.7

1.9%

-3.8%

11.5%

BAC

Bank of America

$396,488

13.1

2.3%

-8.7%

11.7%

HSBC

HSBC Holdings

$345,382

14.4

3.7%

-3.3%

53.2%

MUFG

Mitsubishi UFJ Finl Gr

$264,285

15.3

2.3%

5.6%

52.8%

WFC

Wells Fargo

$250,901

12.1

2.2%

-2.1%

0.5%

Citigroup

$225,246

14.5

2.0%

0.8%

34.3%

SAN

Banco Santander

$209,038

14.0

1.9%

-1.4%

44.7%

SMFG

Sumitomo Mitsui Finl Gr

$168,508

15.4

2.2%

5.7%

63.5%

BBVA

$159,313

13.2

3.7%

-0.3%

61.4%

UBS

UBS Group

$152,076

16.9

2.2%

-8.4%

25.9%

ING

ING Group

$104,082

13.7

3.6%

3.5%

50.1%

BCS

Barclays

$82,982

9.6

2.5%

-8.9%

25.0%

33%

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

PROFITABILITY SUMMARY

	JPM	Industry	S&P 500
Quality Score	55	50	75
Gross Margin	0.0%	0.0%	32.8%
Operating Margin	47.3%	50.3%	16.9%
Net Margin	33.4%	31.6%	13.8%
Return on Assets	1.4%	0.8%	15.4%
Return on Equity	17.0%	11.6%	40.2%
ROIC	17.8%	14.5%	32.2%

RETURNS SUMMARY

	JPM	Industry	S&P 500
Sentiment Score	77	65	62
5‑Day Return	-1.9%	0.0%	1.2%
1‑Month Return	-3.8%	-0.5%	1.1%
YTD Return	8.0%	18.2%	14.0%
1‑Year Return	11.5%	30.4%	18.5%
3‑Year Return	150.2%	159.1%	85.1%
5‑Year Return	138.5%	155.3%	85.9%
Beta 1‑Year	0.79	0.69	1.00

DIVIDEND

	JPM	Industry
Forward Dividend Yield	1.9%	3.0%
Payout Ratio	25.7%	35.0%
TTM Yield	1.8%	-
Fwd. Div. Per Share	$6.60	$2.63
Div. 1Y Chg (%)	7.1%	-
Div. 3Y Avg (%)	14.5%	-
Div. 5Y Avg (%)	10.8%	-
Cons. Growth Years	10+	-
Div. Coverage Ratio	3.5	2.7

DEBT & EQUITY

Price	$343.06
Net Cash Per Share	-$82.04
Equity Per Share	$133.01
Debt / Equity	1.4
Solvency Ratio	14%
Short % of Float	1.0%

ANALYST REVISIONS

Current Quarter EPS
# Up Last 30 days	7.00
# Down Last 30 days	0.00
Mean Estimate	5.91
% Change (30 Days)	0.08%

Next Quarter EPS
# Up Last 30 days	7.00
# Down Last 30 days	0.00
Mean Estimate	5.94
% Change (30 Days)	-0.14%

MEAN ESTIMATE TREND

	Cur Qtr	Next Qtr	Cur Year	Next Year
Latest	$5.91	$5.94	$24.19	$25.05
30 Days Ago	$5.91	$5.95	$24.21	$25.01
90 Days Ago	$5.45	$5.51	$22.50	$23.72
% Change (90 Days)	8.6%	7.7%	7.5%	5.6%

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

EARNINGS SURPRISES

Earnings surprise is the difference between a company's announced earnings and the average analyst estimated value. Surprises typically causes the stock price to jump and are often followed by more of the same surprise type.

Surprise Summary (Last 12 Quarters)

Surprise Type	Amount	Percent
Positive Quarters (> 2%)	12	100.0%
Negative Quarters (< 2%)	0	-
In-Line Quarters (within 2%)	0	-

Surprise Detail (Last 6 Quarters)

Surprise Type	Announce Date	Period End Date	Actual EPS	Est. EPS	Surprise (%)
Positive	07/21/26	06/30/26	$6.14	$5.59	9.8%
Positive	04/10/26	03/31/26	$5.94	$5.49	8.2%
Positive	01/21/26	12/31/25	$5.23	$4.87	7.4%
Positive	10/10/25	09/30/25	$5.07	$4.83	5.0%
Positive	07/15/25	06/30/25	$4.96	$4.51	10.0%
Positive	04/11/25	-	$5.07	$4.62	9.7%

RISK

	JPM	Industry	S&P 500
Best Monthly Return (5Y)	16.8%	8.8%	9.6%
Worst Monthly Return (5Y)	-13.3%	-9.7%	-9.6%
Beta 1‑Year	0.79	0.69	1.00
Volatility 1‑Year	0.22	0.13	0.13
Volatility 1Y Pctl.	21	-	-
Max Drawdown 1‑Year	-15.5%	-15.8%	-8.8%
Max Drawdown 3‑Year	-24.4%	-21.7%	-18.7%
Max Drawdown 5‑Year	-38.8%	-32.4%	-24.6%

SEASONALITY

Seasonal Performance vs the S&P 500

5-YEAR RELATIVE PERFORMANCE VS S&P 500

Relative to the S&P 500 baseline, JPM has outperformed the S&P 500 by 55.1% in the past 5 Years.

JPM has outperformed its sector by 83.2% in the past 5 Years.

The Financial Services sector has underperformed the market by -28.2% in the past 5 Years.

JPMorgan Chase 5-YEAR RELATIVE PERFORMANCE VS S&P 500 chart

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

Overall Rating
vs. Peers

Ratings scores are relative to industry groups. They compare key metrics to rank stocks vs. their competitors.
For example, higher growth than peers will score high even when the absolute growth is below the market average.

Growth vs Peers

Ticker

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Company

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Growth Rating vs. Peers

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Sales QoQ Chg.

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Eps QoQ Chg.

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Sales Growth Next Y.

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Sales 1Y Chg (%)

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Sales 3Y Avg (%)

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Sales 5Y Avg (%)

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Citigroup

14.3%

60.7%

4.1%

10.0%

6.0%

4.7%

BAC

Bank of America

15.0%

34.4%

5.3%

9.7%

6.4%

7.4%

JPM

JPMorgan Chase

17.8%

47.0%

2.8%

11.3%

10.9%

9.9%

WFC

Wells Fargo

10.0%

25.0%

4.5%

6.5%

2.4%

2.5%

HSBC

HSBC Holdings

7.9%

73.1%

5.4%

6.8%

4.0%

2.4%

Valuation vs Peers

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Valuation Rating vs. Peers

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P/E

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Fwd. P/E

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PEG Trailing

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P/S

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P/B

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5Y P/E Range

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WFC

Wells Fargo

12.1

10.4

0.9

3.0

1.5

7.6

33.0

HSBC

HSBC Holdings

14.4

10.7

0.6

4.7

2.0

5.4

19.9

BAC

Bank of America

13.1

10.8

1.7

3.5

1.4

7.2

18.6

Citigroup

14.5

10.4

2.7

1.2

4.5

24.5

JPM

JPMorgan Chase

14.7

13.7

1.6

4.8

2.6

7.4

16.9

Efficiency vs Peers

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Company

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Efficiency Rating vs. Peers

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Gross Margin

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Operating Margin

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Net Margin

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5Y ROE Range

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5Y ROA Range

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HSBC

HSBC Holdings

0.0%

54.1%

34.5%

5.7%

12.7%

0.5%

0.8%

JPM

JPMorgan Chase

0.0%

47.3%

33.4%

12.2%

17.0%

1.0%

1.4%

WFC

Wells Fargo

0.0%

36.0%

26.1%

7.0%

12.0%

0.7%

1.2%

BAC

Bank of America

0.0%

40.6%

27.8%

7.3%

11.3%

0.7%

1.1%

Citigroup

0.0%

38.9%

19.6%

3.2%

10.9%

0.3%

1.0%

Financial Strength vs Peers

Ticker

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Company

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Financial Str. Rating vs. Peers

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Debt / Equity

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Interest Coverage

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Quick Ratio

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Intangibles %

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Solvency Ratio

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Short % of Float

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HSBC

HSBC Holdings

0.7

0.4%

23%

0.0%

BAC

Bank of America

1.3

2.0%

0.0%

WFC

Wells Fargo

1.2

1.4%

15%

0.0%

JPM

JPMorgan Chase

1.4

1.3%

14%

1.0%

Citigroup

1.9

0.8%

0.0%

Dividends vs Peers

Ticker

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Company

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Dividends Rating vs. Peers

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Fwd. Yield

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TTM Yield

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Price

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Fwd. Div. Per Share

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Consecutive Div. Growth Years

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Payout Ratio

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HSBC

HSBC Holdings

3.7%

$100.95

$3.75

53.2%

BAC

Bank of America

2.3%

2.1%

$56.70

$1.28

10+

25.3%

JPM

JPMorgan Chase

1.9%

1.8%

$343.06

$6.60

10+

25.7%

Citigroup

2.0%

1.8%

$134.28

$2.68

25.4%

WFC

Wells Fargo

2.2%

$82.97

$1.85

25.9%

Momentum vs Peers

Ticker

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Company

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Momentum Rating vs. Peers

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1M Return

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3M Return

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6M Return

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YTD Return

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1Y Return

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Beta 1Y

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Volatility 1Y

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Price vs 52‑wk High (%)

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HSBC

HSBC Holdings

-3.3%

6.7%

25.6%

33.3%

53.2%

1.24

0.27

93.5%

Citigroup

0.8%

-6.9%

18.4%

16.8%

34.3%

1.34

0.29

90.8%

JPM

JPMorgan Chase

-3.8%

2.8%

17.2%

8.0%

11.5%

0.79

0.22

93.6%

BAC

Bank of America

-8.7%

-2.1%

17.5%

4.7%

11.7%

0.72

0.22

86.9%

WFC

Wells Fargo

-2.1%

-1.5%

4.6%

-9.5%

0.5%

0.74

0.26

84.9%

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

DIVIDEND DETAIL

CALENDAR YEAR DIVIDEND HISTORY

Year

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Ex-Dividend Date

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Pay Date

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Text

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Amount

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2026 Dividends

$6.15

10/06/26

10/31/26

Regular

$1.65

07/06/26

07/31/26

Regular

$1.50

04/06/26

04/30/26

Regular

$1.50

01/06/26

01/31/26

Regular

$1.50

2025 Dividends

$5.55

10/06/25

10/31/25

Regular

$1.50

07/03/25

07/31/25

Regular

$1.40

04/04/25

04/30/25

Regular

$1.40

01/06/25

01/31/25

Regular

$1.25

2024 Dividends

$4.60

10/04/24

10/31/24

Regular

$1.25

07/05/24

07/31/24

Regular

$1.15

04/04/24

04/30/24

Regular

$1.15

01/04/24

01/31/24

Regular

$1.05

2023 Dividends

$4.05

10/05/23

10/31/23

Regular

$1.05

07/05/23

07/31/23

Regular

$1.00

04/05/23

04/30/23

Regular

$1.00

01/05/23

01/31/23

Regular

$1.00

2022 Dividends

$4.00

10/05/22

10/31/22

Regular

$1.00

07/05/22

07/31/22

Regular

$1.00

04/05/22

04/30/22

Regular

$1.00

UPCOMING DIVIDEND

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Ex-Dividend Date

10/06/26

Payment Date

10/31/26

Amount

$1.65

Type

Regular

DIVIDEND RATE

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Regular Dividend

$1.65

Forward Dividend Rate

$6.60

Forward Dividend Yield

1.9%

Trailing 12 Months Dividends

$6.00

Trailing 12 Months Yield

1.8%

STATISTICS

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Payout Ratio

25.7

Dividend Coverage Ratio

3.5

Consecutive Growth Years

10+

3 Year Growth Rate

14.5%

5 Year Growth Rate

10.8%

10 Year Growth Rate

12.1%

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

FINANCIAL STATEMENT SUMMARY

Income Statement

Revenue

Operating Income

Net income

Earnings per share diluted

Average shares diluted

P/E Ratio

Balance Sheet

Cash

Net Property, Plant and Equipment

Net Debt

Stockholders' Equity

Cash Flow

Operating Cash Flow

Free Cash Flow

Free Cash Flow per share

Profitability

Operating Margin

Return on Assets

Return on Equity

Return on Invested Capital

Dividends

Dividends Per Share

Dividend Yield

Dividend Growth

Dividend Coverage

121,685

127,727

154,952

169,439

181,847

194,911

10.5%

50,768

51,853

73,176

79,884

85,805

92,179

13.4%

48,334

37,676

49,552

58,471

57,048

65,067

6.5%

$15.36

$12.09

$16.23

$19.75

$20.02

$23.34

9.2%

3,027

2,970

2,943

2,879

2,782

2,731

-2.2%

10.0

11.3

10.2

13.3

16.0

14.7

8.4%

740,834

567,234

624,151

469,317

343,338

309,811

-16.8%

27,070

27,734

30,157

32,223

36,244

37,701

7.2%

-386,235

-227,342

-187,614

-15,006

156,644

223,142

22.1%

294,127

292,332

327,878

344,758

362,438

374,598

5.2%

78,084

107,119

12,974

-42,012

-147,782

-162,534

78,084

107,119

12,974

-42,012

-147,782

-162,534

$25.80

$36.07

$4.41

-$14.59

-$53.13

-$59.52

41.7%

40.6%

47.2%

47.1%

47.2%

47.3%

2.7%

1.3%

1.0%

1.3%

1.4%

1.3%

1.4%

1.0%

15.8%

12.3%

14.6%

16.5%

15.4%

17.0%

1.5%

8.0%

9.8%

16.9%

19.8%

17.8%

18.4%

$3.70

$4.00

$4.05

$4.60

$5.55

$6.60

13.0%

2.5%

3.0%

2.5%

2.1%

1.9%

-5.6%

8.1%

1.2%

13.6%

20.7%

24.5%

4.0x

3.0x

4.0x

4.1x

3.5x

3.9x

-0.8%

USD in Millions

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Chart

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2021

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2022

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2023

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2024

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2025

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TTM

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CAGR

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VALUATION & PROFITABILITY HISTORY

Date

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TTM

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1 Yr Ago

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2 Yrs. Ago

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3 Yrs. Ago

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4 Yrs. Ago

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Price / Earnings

14.7

15.4

12.7

10.8

8.1

Price / Cash Flow

2.5

Price / Book

2.6

2.0

1.6

1.3

Price / Tangible Book

3.2

2.4

1.9

1.7

Price / Sales

4.8

5.2

3.9

3.2

2.7

EV / EBITDA

Forward Dividend Yield

1.9%

1.8%

2.2%

2.7%

3.7%

Shareholder Yield

5.4%

4.8%

4.3%

4.0%

7.0%

Gross Margin

0.0%

Net Margin

33.4%

32.3%

33.3%

33.5%

32.4%

Return on Assets

1.4%

1.3%

1.4%

1.3%

1.0%

Return on Equity

17.0%

15.5%

15.3%

14.7%

13.0%

ROIC

17.8%

18.4%

18.9%

14.4%

7.1%

JPMorgan Chase (JPM)Financial Services / Banks - Diversified

StockRover

Stock Report | September 27, 2026

WARNINGS

Name

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Severity

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Details

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We found no investor warnings

REPORT TIPS

Metric Definitions

Metric descriptions are available at
stockrover.com/help/metrics/metric-overview

Quantitative Scores

Our scores analytics is to offer our concise analysis of a stock in powerful, but easy to digest format. Each of the composite score metrics are designed to use the best available accounting practices as well as source data from SEC filings. The scores are computed for a company vs. the market as a whole.

Fair Value

Fair value performs a forecasted discounted cash flow analysis of a company to determine the company's intrinsic value based on the expected future cash flows the company will produce. It basically determines what a company is worth based on how much cash flow it is expected to generate for you in the future, taking into account the time value of money and the predictability of those forecasted cash flows.

Peers

Peer ratings are computed from ranking companies in the same industry group. The selection of peers shown in the tables above are chosen from the same industry and closest proximity of revenue.

DISCLAIMER

Financial Statements and Historical Prices Provided by Morningstar. © 2026 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Stock Rover and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.

The information provided does not constitute investment advice, nor does it constitute a recommendation to buy or sell any security. Stock Rover LLC and its content providers are not responsible for any losses resulting from trading decisions arising from any use of this information. Past performance is no guarantee of future results.

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Additional data provided by Zacks, Intrinio, Quandl, Yodlee, IEX Cloud

JPMorgan Chase (JPM) Research Report — September 27, 2026

ANALYST CONSENSUS

QUANTITATIVE SCORES

BUSINESS SUMMARY

VALUATION SUMMARY

GROWTH SUMMARY

PEERS ANALYSIS SUMMARY

PROFITABILITY SUMMARY

RETURNS SUMMARY

DIVIDEND

DEBT & EQUITY

ANALYST REVISIONS

MEAN ESTIMATE TREND

EARNINGS SURPRISES

RISK

SEASONALITY

5-YEAR RELATIVE PERFORMANCE VS S&P 500

Growth vs Peers

Valuation vs Peers

Efficiency vs Peers

Financial Strength vs Peers

Dividends vs Peers

Momentum vs Peers

DIVIDEND DETAIL

Returns

CALENDAR YEAR DIVIDEND HISTORY

UPCOMING DIVIDEND

DIVIDEND RATE

STATISTICS

FINANCIAL STATEMENT SUMMARY

VALUATION & PROFITABILITY HISTORY

WARNINGS

REPORT TIPS

DISCLAIMER