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16. J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co.
Financials: Latest Results
Rank: 16 (Previous rank: 13)
CEO: James Dimon
Was this company a 2011 top stock?

J.P. Morgan CEO Jamie Dimon doesn't let a little thing like Dodd-Frank get in his way. Dimon called his firm's 2011 performance "mildly disappointing" after it struggled to find ways to make up for lost revenue from new bank regulations and revenues fell sharply in its investment banking unit. But about six weeks after that year-end report, Dimon closed out a shareholder meeting on a decidedly optimistic note: "I'll be damned if we don't have record profits at least for a while now."

So far, it seems to be playing out just as he predicted. Profits weren't at record levels earlier this year, but they were much higher than analysts predicted. And revenues grew by 24% in the first quarter, thanks to increased activity in retail banking, home refinance loans, and overall customer deposits.

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Key financials $ millions % change
from 2010
Revenues 110,838.0 -4.0
Profits 18,976.0 9.2
Assets 2,265,792.0
Stockholders' equity 183,573.0
Market value (3/29/2012) 174,338.8
Profits as % of  
Revenues 17.1
Assets 0.8
Stockholders' equity 10.3
Earnings per share  
2011 $ 4.48
% change from 2010 13.1
2001-2011 annual growth rate % 18.8
Total return to investors %
2011 -20.0
2001-2011 annual rate 2.2
Rank Company 500
rank
Revenues
($ millions)
1 Bank of America Corp. 13 115,074.0
2 J.P. Morgan Chase & Co. 16 110,838.0
3 Citigroup 20 102,939.0
4 Wells Fargo 26 87,597.0
5 Morgan Stanley 68 39,376.0
6 Goldman Sachs Group 80 36,793.0
7 American Express 95 32,282.0
8 U.S. Bancorp 132 21,399.0
9 Capital One Financial 148 18,525.0
10 PNC Financial Services Group 165 15,820.0
11 Bank of New York Mellon Corp. 166 15,804.0
12 Ally Financial 201 13,642.0
13 State Street Corp. 262 10,207.0
14 BB&T Corp. 267 9,998.0
15 SunTrust Banks 271 9,602.0
16 Discover Financial Services 300 8,550.3
17 Regions Financial 343 7,427.0
18 Fifth Third Bancorp 372 6,673.0
19 CIT Group 489 4,855.3
20 KeyCorp 499 4,780.0
Issue date: May 21, 2012
Galleries and more
Headquarters
MAPS
J.P. Morgan Chase & Co.
270 Park Ave.
New York, NY 10017
212-270-6000
www.jpmorganchase.com
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Fortune 500+
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Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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