JPMorgan Chase & Co. - Revision history

Zoran at 14:17, 26 October 2025

2025-10-26T14:17:46Z

← Older revision		Revision as of 15:17, 26 October 2025
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	{{Infobox company		{{Infobox company
	\| name = JPMorgan Chase & Co.		\| name = JPMorgan Chase & Co.
	\| logo = ~~J P Morgan Chase Logo 2008 1~~.svg		\| logo = Logo_of_JPMorganChase_2024.svg
	\| logo_size = 250px		\| logo_size = 250px
	\| image = 383 Madison Ave Bear Stearns C R Flickr 1.jpg		\| image = 383 Madison Ave Bear Stearns C R Flickr 1.jpg

>SaadYawar at 10:32, 28 July 2023

2023-07-28T10:32:22Z

← Older revision		Revision as of 11:32, 28 July 2023
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	=== '''Dividend Discount Model''' ===		=== '''Dividend Discount Model''' ===
	The current stock price ~~(as of closing of 06/07/2023)~~ is 142.37. Using the H model, a target price of 180.68 is obtained, giving a 21% upside difference after 5 years. This model gave assumptions of 15% initial high growth rate (g1), 3% terminal growth rate (g2) and a 7% discount rate.		The current stock price is 142.37. Using the H model, a target price of 180.68 is obtained, giving a 21% upside difference after 5 years. This model gave assumptions of 15% initial high growth rate (g1), 3% terminal growth rate (g2) and a 7% discount rate.

	Advantages of using the H-model include:		Advantages of using the H-model include:

>SaadYawar: Added business model, macroeconomic, & potential risks section.

2023-07-28T02:36:37Z

Added business model, macroeconomic, & potential risks section.

Show changes

Manos: /* Historic financials */

2023-07-22T17:59:14Z

Historic financials

← Older revision		Revision as of 18:59, 22 July 2023
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	!10		!10
	\|-		\|-
	\|Year end		!Year end date
	date		!31/12/2013
	\|31/12/2013		!31/12/2014
	\|31/12/2014		!31/12/2015
	\|31/12/2015		!31/12/2016
	\|31/12/2016		!31/12/2017
	\|31/12/2017		!31/12/2018
	\|31/12/2018		!31/12/2019
	\|31/12/2019		!31/12/2020
	\|31/12/2020		!31/12/2021
	\|31/12/2021		!31/12/2022
	\|31/12/2022
	\|-		\|-
	\| colspan="11" \|'''Income Statement'''		! colspan="11" \|'''Income Statement'''
	\|-		\|-
	\|Revenues		\|Revenues ($'billion)
	($'billion)
	\|97.37		\|97.37
	\|95.11		\|95.11
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	\|128.7		\|128.7
	\|-		\|-
	\|Net income		\|Net income ($'billion)
	($'billion)
	\|16.56		\|16.56
	\|20.08		\|20.08
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	\|35.89		\|35.89
	\|-		\|-
	\| colspan="11" \|'''Balance Sheet'''		! colspan="11" \|'''Balance Sheet'''
	\|-		\|-
	\|Total assets		\|Total assets ($'billion)
	($'billion)
	\|2416		\|2416
	\|2572		\|2572
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	\|3666		\|3666
	\|-		\|-
	\| colspan="11" \|'''Other'''		! colspan="11" \|'''Other'''
	\|-		\|-
	\|Employees		\|Employees ('000)
	('000)
	\|251		\|251
	\|241		\|241

95.149.161.164: /* Sensitivity Analysis */

2023-07-19T21:02:37Z

Sensitivity Analysis

← Older revision		Revision as of 22:02, 19 July 2023
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	==== Sensitivity Analysis ====		==== Sensitivity Analysis ====
	A sensitivity analysis was conducted to determine the effect of the initial high growth rate, discount rate and terminal growth rate on the target value of the company.		A sensitivity analysis was conducted to determine the effect of the initial high growth rate, discount rate and terminal growth rate on the target value of the company.

	[[File:S1.png\|S1.png]]		[[File:S1.png\|S1.png]]

>SaadYawar: Most recent quarterly results detailed update

2023-07-19T20:10:36Z

Most recent quarterly results detailed update

← Older revision		Revision as of 21:10, 19 July 2023
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	=== Historic ===		=== Historic ===

	==== Most recent quarter ====		==== Most recent quarter (2Q23) ====
	~~During~~ the ~~3 months ended 31st March~~ 2023, net income ~~increased~~ to $12.~~19 billion~~ on ~~revenues~~ of $38.35 billion, ~~representing a respective increase~~ of ~~15% and 24~~.85% compared to the previous quarter. ~~The company ended the quarter with cash~~ of $~~546 billion~~, ~~representing a decrease~~ of $21.2 ~~billion~~ from the ~~last quarter~~.		In the 2nd quarter of 2023 (2Q23), JPMorgan Chase & Co have released a strong earnings report showing a net income of $14.5 billion, with profits soaring 67% compared to the previous year. This was largely due to the bank being a big lender, with their balance sheet boasting loans of $1.2T, up 10% since the previous quarter. The bank has therefore benefitted significantly as a result of the current economic climate with constant interest rate hikes and rising inflation increasing yields on loans. Another reason for the strong quarterly results was due to gains from the acquisition of First Republic, the failed bank that it had acquired in May 2023. <ref>https://www.jpmorganchase.com/ir/quarterly-earnings</ref>

			* Managed revenue rose by 34% to $42.4 billion, beating analyst expectations of $38.4 billion.
			* Deposits have gone up 3% compared to the previous quarter but are still down overall by 6% compared to the previous year.
			* Common dividend paid out of $2.9B ($1.00 per share), with $1.8B of common stock net repurchases.
			* Total assets under management for the Asset & Wealth Management division as of 2Q23 are $3.2 trillion, up 16%.
			* In contrast, the revenue from investment banking (CIB) operations fell 6% in M&A and 10% in trading from the previous year. However, when looking across the sector for investment banking we see that this was less than competitor Citi bank which had losses of 24% and 13% respectively within the same divisions.<ref>https://www.citigroup.com/global/investors/quarterly-earnings</ref> Furthermore, Goldman Sachs has reported a quarterly drop of 58% in profits compared to the previous year. <ref>https://www.goldmansachs.com/media-relations/press-releases/2023/2023-07-19-q2-results.html</ref>

			In conclusion, we see that for 2Q23 JPMorgan Chase & Co has performed very strongly and continues to be a leading bank during a troubled macroeconomic climate.

	==== Most recent year ====		==== Most recent year ====

>SaadYawar: spelling mistakes

2023-07-19T17:54:32Z

spelling mistakes

← Older revision		Revision as of 18:54, 19 July 2023
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	=== How did the idea of the company come about? ===		=== How did the idea of the company come about? ===
	The idea of JPMorgan Chase stems from the cooperation of more than 1200 predecessor institutions over hundreds of years. In 1799, the earliest predecessor institution, The Manhattan Company, was charted by the New York State legislature to provide clean water to city's growing residence. One of the founders, Aaron Burr, added a clause to the charter, to allow the directors of The Manhattan Company to start a bank with excess capital, that is unused by the water company. The service continued until 1842, when New York established its own municipal water system, leading to the closure of The Manhattan Company's waterworks operations.<ref name=":02">https://www.jpmorganchase.com/about/our-history</ref>		The idea of JPMorgan Chase stems from the cooperation of more than 1200 predecessor institutions over hundreds of years. In 1799, the earliest predecessor institution, The Manhattan Company, was charted by the New York State legislature to provide clean water to the city's growing residence. One of the founders, Aaron Burr, added a clause to the charter, to allow the directors of The Manhattan Company to start a bank with excess capital, that is unused by the water company. The service continued until 1842, when New York established its own municipal water system, leading to the closure of The Manhattan Company's waterworks operations.<ref name=":02">https://www.jpmorganchase.com/about/our-history</ref>

	Meanwhile, the directors of The Manhattan Company, 6 months following the acceptance of the charter, formed The Bank of Manhattan Company. In 1955, The Bank of Manhattan Company merged with Chase National Bank, to form Chase Manhattan Bank, which combined Chase National’s strength in international, corporate, and correspondent banking with The Bank of The Manhattan Company's network of branches and retail banking expertise. In 1871, J. Pierpont Morgan united with Anthony Drexel to form Drexel, Morgan & Co., a private merchant banking house in New York City, renamed JPMorgan & Co later. In 2000, Chase Manhattan Bank merged with JPMorgan & Co. to form JPMorgan Chase & Co. and is now a multinational investment bank and financial services company.<ref name=":02">https://www.jpmorganchase.com/about/our-history</ref>		Meanwhile, the directors of The Manhattan Company, 6 months following the acceptance of the charter, formed The Bank of Manhattan Company. In 1955, The Bank of Manhattan Company merged with Chase National Bank, to form Chase Manhattan Bank, which combined Chase National’s strength in international, corporate, and correspondent banking with The Bank of The Manhattan Company's network of branches and retail banking expertise. In 1871, J. Pierpont Morgan united with Anthony Drexel to form Drexel, Morgan & Co., a private merchant banking house in New York City, renamed JPMorgan & Co later. In 2000, Chase Manhattan Bank merged with JPMorgan & Co. to form JPMorgan Chase & Co. and is now a multinational investment bank and financial services company.<ref name=":02">https://www.jpmorganchase.com/about/our-history</ref>
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	JPMorgan Chase aims to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.<ref>https://www.jpmorgan.com/about-us</ref> In particular, the company is committed to accelerating the economy through business and community investments and policy advocacy through the following:<ref name=":1">https://www.jpmorganchase.com/impact</ref>		JPMorgan Chase aims to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.<ref>https://www.jpmorgan.com/about-us</ref> In particular, the company is committed to accelerating the economy through business and community investments and policy advocacy through the following:<ref name=":1">https://www.jpmorganchase.com/impact</ref>

	# '''Business Growth & Entrepreneurship''' - Give business solutions, coaching, and mentoring to aid small businesses create jobs, grow and scale.<ref name=":1" /> By investing $150 million over five years, they aim to expand opportunities for ~~undeserved~~ entrepreneurs.<ref>https://www.jpmorganchase.com/impact/our-approach/small-business-expansion</ref>		# '''Business Growth & Entrepreneurship''' - Give business solutions, coaching, and mentoring to aid small businesses create jobs, grow and scale.<ref name=":1" /> By investing $150 million over five years, they aim to expand opportunities for underserved entrepreneurs.<ref>https://www.jpmorganchase.com/impact/our-approach/small-business-expansion</ref>
	# '''Career & Skills''' - Helping to improve and train the workforce of today, including 280,000+ employees globally, for future generations and jobs. <ref name=":1" /> By investing $350 million over the next five years they aim to develop, test and scale innovative efforts that prepare individuals with the skills they need to be successful in a rapidly evolving economy.<ref>https://www.jpmorganchase.com/impact/our-approach/jobs-and-skills</ref>		# '''Career & Skills''' - Helping to improve and train the workforce of today, including 280,000+ employees globally, for future generations and jobs. <ref name=":1" /> By investing $350 million over the next five years they aim to develop, test and scale innovative efforts that prepare individuals with the skills they need to be successful in a rapidly evolving economy.<ref>https://www.jpmorganchase.com/impact/our-approach/jobs-and-skills</ref>
	# '''Financial Health & Wealth Creation''' - JPMorgan Chase has already provided $125 million over five years to improve the financial health of those most in need.<ref name=":1" /> They plan to further expand financial coaching programs and supporting their non-profit partners, to help more people achieve financial stability and meet their long-term financial goals.<ref>https://www.jpmorganchase.com/impact/our-approach/financial-health</ref>		# '''Financial Health & Wealth Creation''' - JPMorgan Chase has already provided $125 million over five years to improve the financial health of those most in need.<ref name=":1" /> They plan to further expand financial coaching programs and supporting their non-profit partners, to help more people achieve financial stability and meet their long-term financial goals.<ref>https://www.jpmorganchase.com/impact/our-approach/financial-health</ref>

>SaadYawar: Added ISIN - previously not shown

2023-07-19T11:11:21Z

Added ISIN - previously not shown

← Older revision		Revision as of 12:11, 19 July 2023
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	\| type = [[Public company\|Public]]		\| type = [[Public company\|Public]]
	\| traded_as = {{ubl\|{{NYSE\|JPM}}\|[[DJIA]] component\|[[S&P 100]] component\|[[S&P 500]] component}}		\| traded_as = {{ubl\|{{NYSE\|JPM}}\|[[DJIA]] component\|[[S&P 100]] component\|[[S&P 500]] component}}
	\| ISIN = ~~{{ISIN\|sl=n\|pl=y\|~~US46625H1005}}		\| ISIN = US46625H1005
	\| predecessors = {{Unbulleted list		\| predecessors = {{Unbulleted list
	\| [[Manhattan Company\|Bank of the Manhattan Company]] (founded 1799)		\| [[Manhattan Company\|Bank of the Manhattan Company]] (founded 1799)

>Jieon: /* Comparable Company Analysis */ editing errors

2023-07-19T07:29:39Z

Comparable Company Analysis: editing errors

← Older revision		Revision as of 08:29, 19 July 2023
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	\|47.11B		\|47.11B
	\|54.161B		\|54.161B
	\|12.~~84B~~		\|12.84
	\|125.~~58B~~		\|125.58
	\|9.78		\|9.78
	\|19.20		\|19.20
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	\|32.17B		\|32.17B
	\|34.148B		\|34.148B
	\|3.~~45B~~		\|3.45
	\|32.~~46B~~		\|32.46
	\|$9.40		\|9.40
	\|23.80		\|23.80
	\|22.42		\|22.42
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	\|19.3B		\|19.3B
	\|23.562B		\|23.562B
	\|7.~~67B~~		\|7.67
	\|47.~~29B~~		\|47.29
	\|6.16		\|6.16
	\|30.46		\|30.46
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	\|14.06B		\|14.06B
	\|16.515B		\|16.515B
	\|33.~~87B~~		\|33.87
	\|333.~~71B~~		\|333.71
	\|9.85		\|9.85
	\|8.59		\|8.59
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	\|65.38B		\|65.38B
	\|72.212B		\|72.212B
	\|3.~~51B~~		\|3.51
	\|42.~~05B~~		\|42.05
	\|11.96		\|11.96
	\|5.70		\|5.70
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	\|14.07B		\|14.07B
	\|18.068B		\|18.068B
	\|6.~~60B~~		\|6.60
	\|86.~~52B~~		\|86.52
	\|13.10		\|13.10
	\|33.92		\|33.92
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	\|16.79B		\|16.79B
	\|20.663B		\|20.663B
	\|3.~~04B~~		\|3.04
	\|40.~~47B~~		\|40.47
	\|13.32		\|13.32
	\|10.91		\|10.91
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	\|8.74B		\|8.74B
	\|10.526B		\|10.526B
	\|0.~~323B~~		\|0.323
	\|7.~~67B~~		\|7.67
	\|23.76		\|23.76
	\| -7.30		\| -7.30

Manos at 10:26, 18 July 2023

2023-07-18T10:26:59Z

← Older revision		Revision as of 11:26, 18 July 2023
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	}}		}}

	JPMorgan Chase & Co. ~~operates as~~ a financial services company ~~worldwide. It operates through~~ four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment ~~offers s~~ deposit, investment ~~and lending products~~, ~~payments, and services to consumers;~~ lending, ~~deposit, and cash management~~ and payment solutions to small businesses; mortgage origination and servicing ~~activities;~~ residential mortgages ~~and~~ home equity loans~~; and~~ credit card, auto loan, and leasing services. ~~The~~ CIB segment provides investment banking ~~products and~~ services, ~~including~~ corporate strategy and structure ~~advisory~~, ~~and~~ equity and debt ~~markets~~ capital-raising ~~services~~, ~~as well as~~ loan origination and syndication~~; payments and cross-border financing; and cash and derivative instruments,~~ risk management solutions, prime brokerage, and research~~. This segment also offers~~ securities services~~, including custody, fund accounting and administration, and securities lending products~~ for asset managers, insurance companies, and public and private investment funds. The CB segment ~~provides~~ financial solutions, including lending, payments, investment banking, and asset management ~~to small business~~, ~~large and midsized companies, local governments, and nonprofit clients; and~~ commercial real estate banking services to investors, developers, and owners ~~of multifamily, office, retail, industrial~~, ~~and affordable housing properties. The~~ AWM segment ~~offers~~ multi-asset investment management solutions ~~in equities, fixed income, alternatives, and money market funds~~ to institutional clients and retail investors~~; and retirement~~ products and services, brokerage, custody, trusts ~~and~~ estates, loans, mortgages, deposits, and investment management products. ~~The company also provides~~ ATM, online ~~and~~ mobile, and telephone banking ~~services~~. ~~JPMorgan Chase & Co. was founded in~~ 1799 ~~and~~ is headquartered in New York, New York.		JPMorgan Chase & Co., a globally recognized financial services company, categorizes its operations into four key segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM).

			The CCB segment encompasses a broad spectrum of services from deposit, investment, lending, and payment solutions for individual consumers to a similar suite of services for small businesses. It also focuses on mortgage origination and servicing, residential mortgages, home equity loans, as well as credit card, auto loan, and leasing services.

			In the CIB segment, the firm provides a range of investment banking services, such as advisory on corporate strategy and structure, equity and debt capital-raising, loan origination, and syndication. This segment also offers risk management solutions, prime brokerage, and research, along with securities services for asset managers, insurance companies, and public and private investment funds.

			The CB segment addresses the financial needs of small to midsize businesses, local governments, and non-profits by offering financial solutions including lending, payments, investment banking, and asset management. Moreover, it extends commercial real estate banking services to investors, developers, and property owners across various sectors.

			Finally, the AWM segment delivers multi-asset investment management solutions to institutional clients and retail investors. It offers a comprehensive range of products and services, including retirement plans, brokerage, custody, trusts, estates, loans, mortgages, deposits, and investment management products.

			In addition to these key segments, JPMorgan Chase & Co. extends its services through ATM, online, mobile, and telephone banking facilities. With its inception dating back to 1799, the company is headquartered in the financial hub of New York, New York.

	== Operations ==		== Operations ==