Summary
JPMorgan Chase & Co. (JPM) operates as a leading global financial services firm with $2.5 trillion in assets and $255.7 billion in stockholders' equity as of December 31, 2017. The company is diversified across four major reportable business segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM), alongside a Corporate segment. JPM's business is subject to extensive and evolving regulation from various U.S. and international bodies, including the Federal Reserve, OCC, SEC, and CFPB. The company actively manages compliance with these regulations, which have impacted its operations, capital, and liquidity management. Key risks highlighted include regulatory changes, market volatility, credit risk, operational failures, and reputational damage. The company continues to navigate a complex regulatory environment, including ongoing reforms like Basel III and Dodd-Frank Act provisions.
Financial Highlights
34 data points| Revenue | $100.70B |
| Interest Expense | $13.87B |
| Net Income | $24.44B |
| EPS (Basic) | $6.35 |
| EPS (Diluted) | $6.31 |
| Shares Outstanding (Basic) | 3.55B |
| Shares Outstanding (Diluted) | 3.58B |
Key Highlights
- 1JPMorgan Chase is a large, diversified financial institution with significant assets ($2.5 trillion) and equity ($255.7 billion) as of year-end 2017.
- 2The company operates across four main business segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management.
- 3JPM faces a highly competitive landscape with numerous domestic and international competitors.
- 4The company is subject to extensive and complex regulations across its global operations, with ongoing changes impacting its business practices and compliance costs.
- 5Significant risk factors include regulatory scrutiny, market volatility, credit risk, operational risks (including cyber security), and reputational concerns.
- 6The company is actively managing capital and liquidity according to evolving regulatory requirements like Basel III and the Dodd-Frank Act.
- 7JPM's legal and regulatory environment requires substantial resources for compliance and can lead to significant financial penalties or operational restrictions.