Summer Sale
50% off Premium Yearly
Opinions David Burrows
JP Morgan Chase & CoJPMCOMMENTJul 11, 2013
David BurrowsStock price when the opinion was issued
As of Jun 12, 2026. Market Open.
You might be interested:
Still the biggest and best global bank in the world. A good time to buy is any day that ends in "y".
Brian MaddenVery good dividend growth trajectory last 10 years. Share buybacks. Best risk manager in the US banking space -- saw that firsthand in 2008. Keeps getting better and better. Yield is 1.95%.
(Analysts’ price target is $343.06)
Darren SissonsBit of delay in reward, but whole banking sector's in a great position. Tons of capital markets business coming on. Yield curve steepening is really the money driver behind borrowing/lending. Very strong trading numbers.
Gordon ReidCapital markets broadly are improving, so more investment fees should come through. Deregulation coming through, consumer not as badly off as feared. Good place to start looking, given the sector's lagged. Yield is 2%.
Stan WongAll the North American banks had a great 2025. JPM is the most profitable US one. The dividend yield is rising and financial results have been strong. Is the US bank to own.
Christine Poole
Best bank in the world. Owned in his firm's momentum and dividend-growers mandates.
Likes US banks, but likes Canadian banks better due to the tighter oligopoly and better ROEs. US money-centre banks are technology- and scale-advantaged compared to regionals.
Brian MaddenOne of the largest US banks, the gold standard. Leading across all divisions. Consistently delivers some of the strongest returns in the industry.
Just reported strong quarter, record trading revenue, earnings up 13%, revenue ahead of expectations. Pulled back on slightly higher expense guidance. Higher-quality name, trades at a premium (for good reason).
Citi is still a turnaround story. CEO has been simplifying the business -- cutting costs and focusing on strongest franchises. Strong quarter, beat on revenue and earnings. Outperforming peers. Cheaper, with more upside potential (but more risk if turnaround stops working).
She's sticking with JPM, but C is a reasonable choice if you like the turnaround angle.
Brianne GardnerIt is the best of the banks. Jamie Dimon who runs it is the best banker in the world and a major shareholder. It trades at a high multiple but with a 20%+ ROC it earns it. He has owned for 15 years. Headwinds would be an economic slowdown and Jamie getting older with the possibility of retiring.
Richard FoglerBought a long time ago as best-in-breed. US banking sector had a downdraft on worries of credit problems. But private credit issues aren't with the banks -- since 2008-2009, banks can't lend to those types of businesses.
Tim Regan
There is a correlation with financial institutions in the country and internationally and it shows in the chart. He doesn't see a ton of buying volume. It is a similar situation to Royal Bank and is highly connected to the stock market index. He sees some support but wouldn't put new money into it at this point. Banks are definitely a long term holding even though every ten years they can go through a big drop from their highs.
US banks versus Canadian banks? If you have a group of companies that are fundamentally sound but are seeing net improvements from the margin like the US banks are seeing, and you compare them to a group likes the Canadian banks, relatively more expensive but the margins are seeing slowdowns, Canadian banks are likely to see contraction in the multiples and he feels you can get expansion in the multiples in US banks. This one was able to dance through the damage without getting winged too badly so their management group should have pretty strong credibility and probably should have a multiple that is higher than the group. Yield is about 3% and there hasn’t been a lot of dividend increases because the Fed has held all of them back.