JPMorgan Chase

F500 2019-JPMorgan
A woman passes by a Chase bank in Times Square in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid - RC1A08502060Brendan McDermid—Reuters
  • Previous Rank
  • Revenues ($M)
  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
  • Assets ($M)
  • Employees

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

CEOJames Dimon
CEO TitleChairman & Chief Executive Officer
IndustryCommercial Banks
HQ LocationNew York, N.Y.
Years on Fortune 500 List25

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 Revenues24.7%
Profits as % of Assets1.2%
Profits as % of Stockholder Equity12.7%

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%