13. J.P. Morgan Chase & Co.
Of the big U.S. banks, Jamie Dimon's is the only one that didn't turn in a losing quarter during the financial crisis. Recovery is bringing stronger results: J.P. Morgan Chase posted record profits in 2010. Chase is working on consolidating its lead this year. For the first time, it's poised to surpass both Goldman Sachs and Morgan Stanley in the lucrative M&A business. And in the biggest sign yet that credit markets have thawed, J.P. Morgan extended a one-year, $20 billion bridge loan to AT&T for its $39 billion purchase of T-Mobile, the bank's biggest single loan commitment ever. --P.N. |
| Key financials |
$ millions |
% change
from 2009 |
| Revenues |
115,475.0 |
-0.1 |
| Profits |
17,370.0 |
48.1 |
| Assets |
2,117,605.0 |
— |
| Stockholders' equity |
176,106.0 |
— |
| Market value (3/25/2011) |
182,683.8 |
— |
| Profits as % of |
|
| Revenues |
15.0 |
| Assets |
0.8 |
| Stockholders' equity |
9.9 |
| Earnings per share |
|
| 2010 $ |
3.96 |
| % change from 2009 |
75.2 |
| 2000-2010 annual growth rate % |
3.3 |
| Total return to investors |
% |
| 2010 |
2.3 |
| 2000-2010 annual rate |
2.5 |
| 4 | Wells Fargo | 23 | 93,249.0 | | 5 | Goldman Sachs Group | 54 | 45,967.0 | | 6 | Morgan Stanley | 63 | 39,320.0 | | 7 | American Express | 91 | 30,242.0 | | 8 | U.S. Bancorp | 126 | 20,518.0 | | 9 | Capital One Financial | 134 | 19,067.0 | | 10 | Ally Financial | 149 | 17,373.0 | | 11 | PNC Financial Services Group | 151 | 17,096.0 | | 12 | Bank of New York Mellon Corp. | 165 | 14,929.0 | | 13 | BB&T Corp. | 220 | 11,072.0 | | 14 | SunTrust Banks | 244 | 10,071.7 | | 15 | State Street Corp. | 253 | 9,716.0 | | 16 | Discover Financial Services | 291 | 8,241.2 | | 17 | Regions Financial | 293 | 8,220.0 | | 18 | Fifth Third Bancorp | 326 | 7,218.0 | | 19 | CIT Group | 364 | 6,362.5 | | 20 | KeyCorp | 417 | 5,458.0 |
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