NYSE:JPM

JP Morgan Chase & Co (JPM)

336.47
+1.00 (0.30%)
as of Jul 10, 2026, 8:00:00 pm Market Open.
556 watching
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Investor Insights
star iconJul 11, 2026, 12:00 am

This summary was created by AI, based on 49 opinions in the last 12 months.

JP Morgan Chase & Co (JPM) is highly regarded among analysts as one of the best banks globally, with strong leadership under CEO Jamie Dimon. Many experts note its impressive dividend growth over the past decade and robust share buybacks, which enhance shareholder value. The bank is positioned well to capitalize on a recovering capital markets environment, benefiting from rising interest rates and a steepening yield curve. While it trades at a premium due to its consistent performance, analysts suggest the stock remains a core holding for long-term investors, despite some concerns over economic slowdowns and cautious guidance from management. Overall, JPM is seen as a leader in the US banking sector with favorable prospects in a growing economic landscape.

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Consensus
Positive
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Valuation
Overvalued
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BUY
American banks are very cheap at these levels. US economy is improving. This one has a fantastic retail franchise and a great investment bank. This is a great time to be buying these things. (See Top Picks.)
DON'T BUY
Banking stocks had this bounce back on a technical basis only. They were cheap and very oversold, so bounced back. This is one of the best of the group. Housing problems cause difficulty in mortgage originations. From a fundamental perspective it is hard to get excited.
COMMENT
Shorter-term, he expects it to move up. Fears from Europe had dissipated a little bit. He would prefer a smaller bank such as Keycorp (KEY-N).
TOP PICK
(A Top Pick Nov 8/10. Down 18.59%.) Way too big to fail. Model price is $47.52. Quality name compared to others.
DON'T BUY
Difficult to call the bottom on the US banking sector. If the economy recovers and to be no more loans, they will do better. Doesn't think US banking will be the next leading sector however you probably have a reasonable return.
COMMENT
Being fined more than $150 million for allegedly misleading investors in connection with a collateralized debt obligation. Expect there will be other banks that will see similar fines. Meaningless in the grand scheme of things.
PAST TOP PICK
(Top Pick Jun 25/10, Up 3.9%) Floating rate, maturing February/12. Half increase is price gain rather than yield.
DON'T BUY
Probably amongst the best run US banks and came out of 08 the strongest, but is also the most expensive. He would suggest you buy the stability of the banks in Canada and go to the US for something with a higher risk profile, such as Bank of America (BAC-N), which trades at about 1.1X tangible book where this one is about 1.4X but you have to wait for it to mature.
PAST TOP PICK
(Top Pick Mar 1/10, Up 11.40%) Still likes it. There is still some upside left in it. It was a pick because credit metrics lined up. It is turning out to be more of a defense play. They have been removing the toxic mortgages in a systematic way. The book value of the company is growing steadily.
DON'T BUY
Re-installing dividend. He is not fond of US banks, particularly investment banks. They are volatile and he has no way of determining what the risks are.
COMMENT
One of the US few banks that was a winner during the financial crisis. They were so strong they were able to buy Bear Sterns and Washington Mutual for next to nothing. Didn’t need any dilution or issuing of new shares after the crisis. Hungry to raise their dividend.
COMMENT
People are starting to realize some of these financials have potential value. This one has been going sideways for quite a while and is starting to break out a little on the shorter trend, which is very positive. Longer it goes sideways, the bigger the break out potential.
PAST TOP PICK
(A Top Pick Nov 4/09. Down 5%.) Still likes. Regulatory overhang has kept the stock from advancing. Has become a universal one-stop bank. Not expensive with a forward PE of 8X. Growth of around 8%. Will probably be one of the first US banks to increase/restore their dividend.
BUY
Doesn’t own tis one because he owns Goldman Sachs (GS-N). Sees more and more M&A activity coming and they make a lot of money on those transactions. One of the concerns is on the mortgage side and some of the private equity deals they may be restricted from doing. Can see it being higher.
TOP PICK
Opportunistic. They are the first financial that cracked into his top 10 in the last 2 years. Model price $53.80, 31% differential. Could fatten up dividend. Lots of room in the income forecasts for more distribution.
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