Professional
Added to YB: 2025-12-01
Pitch date: 2025-09-30
JPM [neutral]
JPMorgan Chase & Co.
+1.94%
current return
Author Info
No bio for this author
Company Info
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management.
Market Cap
$837.5B
Pitch Price
$312.45
Price Target
N/A
Dividend
1.95%
EV/EBITDA
N/A
P/E
15.24
EV/Sales
N/A
Sector
Banks
Category
growth
Latitude Global Fund Portfolio Holding: JPMorgan Chase & Co.
JPM (holding update): Returned 34% this year, 275% over 5yrs. US banking consolidation accelerating - top 25 banks' asset share grew from 41% (2003) to 64% today. JPM spends $18bn/yr on tech vs only 16 US banks w/ >$18bn revenue total. 20% ROTC, trading 15x earnings. Positioned to gain share in consolidating industry w/ structural moat.
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