Ticker: JPM
Exchange: NYSE
Sector / Industry: Financials / Banks
Initiation of coverage, June 19, 2026
Publish date: June 19, 2026
Rating: Hold
Summary
JPMorgan is the best-run, best-capitalized large bank in the world, and it is priced like it: about 16x earnings and roughly 2.8x tangible book, premiums to the group. The debate is not quality, it is whether record profitability can hold as net interest income and credit normalize.
Ratings and price targets state our opinion as of the publication date. See our disclaimer.
