With more than $2 trillion in total assets under management, JPMorgan Chase remains the largest bank in the U.S. The New York City company moved up two spots from last year's list thanks to a record $111.5 billion in annual revenue (and an impressive $32.5 billion in annual profit). JPMorgan has benefited from rising interest rates and lower corporate taxes as the bank has increased investments in technology, new branches, and higher salaries for entry-level employees. Economists and executives have warned of a looming recession, but CEO Jamie Dimon waved off those fears, writing in his annual letter to shareholders: “Today is nothing like 2008.”
Company Info
| CEO | James Dimon |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Financials |
| Industry | Commercial Banks |
| HQ Location | New York, N.Y. |
| Website | www.jpmorganchase.com |
| Years on Fortune 500 List | 25 |
| Employees | 256,105 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $131,412 |
| Profits ($M) | $32,474 |
| Assets ($M) | $2,622,532 |
| Total Stockholder Equity ($M) | $256,515 |
Profit Ratios
| Profit as % of Revenues | 24.7% |
| Profits as % of Assets | 1.2% |
| Profits as % of Stockholder Equity | 12.7% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | 900 |
| EPS % Change (from 2017) | 42.6% |
| EPS % Change (5 year annual rate) | 15.7% |
| EPS % Change (10 year annual rate) | 20.7% |
Total Return
| Total Return to Investors (2018) | -6.7% |
| Total Return to Investors (5 year, annualized) | 13.6% |
| Total Return to Investors (10 year, annualized) | 14.5% |
