PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Company Profile

Nyse / JPM

Business Summary  Sector

JPMorgan Chase & Co. is one of the biggest banking groups in the world. Revenues (including intragroup) break down by
activity as follows: Financials
- investment and market banking (40.2%): consulting for mergers-acquisitions and restructuring, capital increases, investment  Banking & Investment Services
capital, active on the stock, bond, and derived product markets, stock market brokerage, etc.;  Banking Services
- retail banking (38.9%): sale of standard and specialized financial services (real estate loans, automobile loans, insurance,
etc.) through a network of more than 4,790 banking agencies. The group also develops credit cards sale activity;  Banks
- asset management (13.2%): USD 3,113 billion of assets under management at the end of 2021;  Other Banks
- commercial banking (7.7%).
At the end of 2021, the group was managing USD 2,462.3 billion in current deposits and USD 1,077.7 billion in current loans.
Income breaks down geographically as follows: the United States (76.2%), Europe/Middle East/Africa (13.6%), Asia/Pacific Income Statement Evolution
(7.9%), Latin America and Caribbean Islands (2.3%).

Number of employees : 271 025 people.

Financials (USD)

Sales 2022 129 B Sales 2023 138 B Capitalization 340 B

Net income 2022 34 390 M Net income 2023 36 601 M Capi. / Sales 2022 2,63x

Net Debt 2022 - Net Debt 2023 - Capi. / Sales 2023 2,46x

P/E ratio 2022 9,95x P/E ratio 2023 9,15x Nbr of Employees 288 474

Yield 2022 3,45% Yield 2023 3,61% Free-Float 70,8%

Sales per Business

2020 2021 Delta

Managers
Corporate & Investment Bank 49 284.00 41.2% 51 749.00 42.5% +5%

Consumer & Community Banking 51 268.00 42.9% 50 073.00 41.2% -2.33% Name Title

Asset & Wealth Management 14 240.00 11.9% 16 957.00 13.9% +19.08% James Dimon Director

Commercial Banking 9 313.00 7.8% 10 008.00 8.2% +7.46% President & Chief Operating
Daniel E. Pinto
Officer
USD in Million
Chief Financial Officer & Executive
Jeremy Barnum
VP
Sales per region Lori A. Beer Global Chief Information Officer

2020 2021 Delta Rohan Amin Chief Information Security Officer

North America 90 948.00 76.1% 92 678.00 76.2% +1.9%

Members of the board
Europe/Middle East/Africa 16 566.00 13.9% 16 561.00 13.6% -0.03%
Name Title
Asia-Pacific 9 289.00 7.8% 9 654.00 7.9% +3.93%
James Dimon Director
Latin America/Caribbean 2 740.00 2.3% 2 756.00 2.3% +0.58%
James Schine Crown Independent Director
USD in Million
Stephen B. Burke Lead Independent Director
Timothy Patrick Flynn Independent Director
Equities
Linda B. Bammann Independent Director
Quantity Free-Float

Stock A 4,105,561,505 2,909,922,743 70.9% Shareholders

Stock B 3,283,750 0 0.0% Name Equities %

The Vanguard Group, Inc. 257,458,554 8.78%

Upcoming events on JPMORGAN CHASE & CO.
SSgA Funds Management, Inc. 130,126,538 4.44%
01/13/23 |
  FY 2022 Earnings Release Capital Research & Management Co. 74,443,901 2.54%
 06:45am
01/13/23 | BlackRock Fund Advisors 63,532,281 2.17%
  FY 2022 Earnings Call
 08:30am
Geode Capital Management LLC 49,183,010 1.68%
Past events on JPMORGAN CHASE & CO.
10/14/22 |
Company contact info / Stock Exchange Codes
  Q3 2022 Earnings Call
 08:30am
10/14/22 | 383 Avenue Madison
  Q3 2022 Earnings Release NY 10179-0001 New York City, New York
 07:00am
Phone : +1 (212) 270 6000
Fax :
web site : http://www.jpmorganchase.com

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 1 / 6
 PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Financials and Forecast

Nyse / JPM

Income Statement Evolution : Past and Forecast Financial Ratios

Size 2022e 2023e

Capitalization 339 841 M $ -

Valuation 2022e 2023e

P/E ratio (Price / EPS) 9,95x 9,15x

Capitalization / Revenue 2,63x 2,46x
Yield (DPS / Price) 3,45% 3,61%
Price to book (Price / BVPS) 1,30x 1,20x

Profitability 2022e 2023e

Operating Margin (EBIT / Sales) 40,0% 41,8%

Operating Leverage (Delta EBIT / Delta Sales) 0,41x 1,69x
Net Margin (Net Profit / Revenue) 26,7% 26,5%
ROA (Net Profit / Asset) 0,95% 1,01%
ROE (Net Profit / Equities) 13,1% 13,6%
Rate of Dividend 34,3% 33,0%

Balance Sheet Analysis 2022e 2023e

Annual Income Statement Data : Past and Forecast CAPEX / Sales   0 0
Cash Flow / CA - -
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capital Intensity (Assets / Revenue) 28,2x 26,2x
1 115 627 119 543 121 649 128 973 138 166 141 711
Net sales Financial Leverage (Net Debt / EBITDA) - -

EBITDA - - - - - -
Price Earning Ratio
Operating profit (EBIT) 1 50 130 52 887 50 306 51 549 57 775 59 698

Operating Margin 43,4% 44,2% 41,4% 40,0% 41,8% 42,1%

Pre-Tax Profit (EBT) 1 44 545 35 407 59 562 46 386 49 089 51 798

Net income 1 34 642 27 410 46 503 34 390 36 601 37 827

Net margin 30,0% 22,9% 38,2% 26,7% 26,5% 26,7%

EPS 2 10,7 8,88 15,4 11,6 12,7 13,5

Dividend per Share 2 3,40 3,60 3,80 4,00 4,18 4,50

Announcement Date 01/14/2020 01/15/2021 01/14/2022 - - -

1 2 Estimates
USD in Million USD

Finances - Leverage : Past and Forecast EPS - Rate of surprise

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 2 / 6
 PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Analysts' Consensus

Nyse / JPM

Evolution of the average Target Price Consensus

Sell Buy

Mean consensus OUTPERFORM

Number of Analysts 26

Last Close Price 115,86 $

Average target price 136,99 $

Spread / Average Target 18,2%

High Price Target 162,00 $

Spread / Highest target 39,8%

Low Price Target 118,00 $

Spread / Lowest Target 1,85%

Consensus detail

Target Price consensus revisions : last 18 months

Consensus revision (last 18 months)

Revenue Revisions & EPS Revisions

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 3 / 6
 PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Sector and Competitors

Nyse / JPM

Chart Sector

Subsector Other Banks Ratings

1st Jan Capi.
Investor Rating ESG
change (M$)

JPMORGAN CHASE & CO. -29.78% 339 841 B-

BANK OF AMERICA CORPORATION -28.75% 269 782 C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED -17.95% 203 584 C
WELLS FARGO & COMPANY -8.38% 166 848 B
CHINA CONSTRUCTION BANK CORPORATION -18.33% 142 703 B
ROYAL BANK OF CANADA -9.17% 125 273 C+
BANK OF CHINA LIMITED -8.90% 117 043 B-
THE TORONTO-DOMINION BANK -12.45% 112 763 C+
CHINA MERCHANTS BANK CO., LTD. -36.32% 107 274 B-
HSBC HOLDINGS PLC 5.04% 106 157 C+
COMMONWEALTH BANK OF AUSTRALIA -2.08% 104 542 C+
HDFC BANK LIMITED -2.73% 98 078 B+
ICICI BANK LIMITED 17.58% 75 098 B
US BANCORP -23.87% 63 354 B-
PNC FINANCIAL SERVICES GROUP, INC. -22.28% 62 963 A-
NATIONAL AUSTRALIA BANK LIMITED 7.77% 60 907 C+
BANK OF MONTREAL -12.35% 59 637 B
STATE BK OF INDIA 14.50% 59 060 C-
TRUIST FINANCIAL CORPORATION -26.56% 58 932 B
DBS GROUP HOLDINGS LTD 1.32% 58 684 B
THE BANK OF NOVA SCOTIA -26.89% 57 419 A-

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 4 / 6
 PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Technical Analysis

Nyse / JPM

Daily chart Technical analysis trends

Short Term Mid-Term Long Term

Trend Neutral Neutral Bearish

Resistance 121 132 131

Spread/Res. -3,9% -12% -12%

Spread/Supp. 14% 14% 11%

Support 102 102 105

Basic data

Number of securities 4 108 845 255

Capitalization USD 476 050 811 244
Free-Float 70.8%

Performance

1 day 4.20%

5 days 4.92%

1 week 10.35%

Current month 10.87%

1 month -1.04%

3 months 2.58%

6 months -8.14%

Current year -26.83%

1 year -30.46%

3 years -3.73%

5 years 18.68%

10 years 167.5%

Weekly chart

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 5 / 6
 PDF Report issued on the 18/10/2022

JPMORGAN CHASE & CO. Summary

Nyse / JPM

Summary Ratings
• The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Investment
Strengths Trading
• Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
ESG Refinitiv B-
• With a P/E ratio at 9.62 for the current year and 8.91 for next year, earnings multiples are highly attractive compared with
competitors.
Financials
• Analyst opinion has improved significantly over the past four months.
Sales Growth
• Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good
visibility into core activities or accurate earnings releases. Earnings Growth
EBITDA / Sales -
Weaknesses Profitability
• According to forecast, a sluggish sales growth is expected for the next fiscal years. Finances -
• The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
Valuation
P/E ratio
EV / Sales -
Price to Book
Price to Free Cash Flow -
Yield

Momentum
Turnover review 12m
Turnover review 4m
Turnover review 7 days
Earnings revision 12m
Earnings revision 4m

Consensus
Analyst Opinion
Potential Price Target
Price target revision 4m
4m Revision of opinion
12m Revision of opinion

Business Predictability
Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
Earnings quality

Environment
Emissions
Innovation
Use of resources

Social
Social commitment
Human Rights
Product liability
Human Resources

Governance
CSR Strategy
Management
Shareholders

Controversy
Controversies

Disclaimer : SURPERFORMANCE SAS assumes no responsibility for any use that may be made of the information available, and the consequences that may result, including any decision
taken on the basis of information provided, even in case of error or omission. The content is intended for investors who have the necessary knowledge and experience to understand and https://www.marketscreener.com
appreciate the information developed. These information are disseminated for information only. These information may contain inaccuracies, errors or omissions.

Page 6 / 6