Financials JPMorgan Chase & Co. Berne S.E.

Equities

JPM

US46625H1005

Banks

Delayed Berne S.E. 5-day change 1st Jan Change
- CHF -.--% Intraday chart for JPMorgan Chase & Co. -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 437,160 387,335 467,966 393,343 491,761 595,728 - -
Enterprise Value (EV) 1 437,160 387,335 467,966 393,343 491,761 595,728 595,728 595,728
P/E ratio 13 x 14.3 x 10.3 x 11.1 x 10.5 x 12 x 12.3 x 11.4 x
Yield 2.44% 2.83% 2.4% 2.98% 2.41% 2.27% 2.44% 2.61%
Capitalization / Revenue 3.78 x 3.24 x 3.85 x 3.06 x 3.11 x 3.54 x 3.57 x 3.49 x
EV / Revenue 3.78 x 3.24 x 3.85 x 3.06 x 3.11 x 3.54 x 3.57 x 3.49 x
EV / EBITDA - - - - - 7.39 x 7.64 x 8.05 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.83 x 1.55 x 1.8 x 1.49 x 1.63 x 1.8 x 1.67 x 1.58 x
Nbr of stocks (in thousands) 3,136,012 3,048,203 2,955,266 2,933,205 2,891,008 2,871,668 - -
Reference price 2 139.4 127.1 158.4 134.1 170.1 207.4 207.4 207.4
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 115,627 119,543 121,649 128,695 158,104 168,423 166,708 170,569
EBITDA 1 - - - - - 80,642 77,967 74,012
EBIT 1 50,130 52,887 50,306 52,555 70,932 76,603 72,055 69,144
Operating Margin 43.35% 44.24% 41.35% 40.84% 44.86% 45.48% 43.22% 40.54%
Earnings before Tax (EBT) 1 44,545 35,407 59,562 46,166 61,612 67,898 64,276 67,089
Net income 1 34,642 27,410 46,503 35,892 47,760 50,664 47,010 49,414
Net margin 29.96% 22.93% 38.23% 27.89% 30.21% 30.08% 28.2% 28.97%
EPS 2 10.72 8.880 15.36 12.09 16.23 17.31 16.83 18.19
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 3.400 3.600 3.800 4.000 4.100 4.706 5.066 5.422
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 29,257 30,717 30,715 32,716 34,547 38,349 41,307 39,874 38,574 41,934 50,200 41,272 40,270 42,094 42,063
EBITDA - - - - - - - - - - - - - - -
EBIT 1 11,369 11,526 11,966 13,538 15,525 18,242 20,485 18,117 14,088 19,177 26,487 18,780 17,314 18,412 18,624
Operating Margin 38.86% 37.52% 38.96% 41.38% 44.94% 47.57% 49.59% 45.44% 36.52% 45.73% 52.76% 45.5% 42.99% 43.74% 44.28%
Earnings before Tax (EBT) 1 12,657 10,063 10,865 12,001 13,237 15,967 17,586 16,733 11,326 17,293 23,435 15,722 14,435 16,528 16,326
Net income 1 9,927 7,845 8,195 9,255 10,598 12,193 14,011 12,685 8,870 12,942 17,718 11,484 10,581 12,007 11,835
Net margin 33.93% 25.54% 26.68% 28.29% 30.68% 31.79% 33.92% 31.81% 22.99% 30.86% 35.29% 27.83% 26.27% 28.52% 28.14%
EPS 2 3.330 2.630 2.760 3.120 3.570 4.100 4.750 4.330 3.040 4.440 6.120 3.986 3.693 4.189 4.190
Dividend per Share 2 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.050 1.050 1.150 1.150 1.208 1.208 1.210 1.235
Announcement Date 1/14/22 4/13/22 7/14/22 10/14/22 1/13/23 4/14/23 7/14/23 10/13/23 1/12/24 4/12/24 7/12/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15% 12% 19% 14% 17% 15.7% 14.2% 14.3%
ROA (Net income/ Total Assets) 1.33% 0.91% 1.3% 0.98% 1.3% 1.25% 1.18% 1.17%
Assets 1 2,604,662 3,012,088 3,577,154 3,662,449 3,673,846 4,059,594 3,990,680 4,223,407
Book Value Per Share 2 76.00 81.80 88.10 90.30 104.0 115.0 124.0 131.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
207.4 USD
Average target price
212.6 USD
Spread / Average Target
+2.48%
Consensus
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