JPMorgan Chase (NYSE: JPM) closed at $322.40 on February 6, 2026, up 3.95% on the day. The stock trades near its 52-week high of $337.25, with a market capitalization of approximately $877 billion. JPM carries a P/E ratio of 16.11 and pays a quarterly dividend of $1.50 per share.
Stock Price of JPMorgan Chase
JPMorgan Chase Stock Forecast
Wall Street analysts hold a consensus "Buy" rating on JPM. Based on 13 analysts, the average 12-month price target sits at $333.31, implying a 3.4% upside from recent levels. The high target is $391, the low is $285. JPMorgan has guided 2026 net interest income at $103 billion, supported by loan growth and expanding card balances. Earnings per share for 2026 are estimated around $21.63, about 6.5% above 2025 levels. Key risks include potential credit card interest rate caps, rising credit costs, and regulatory pressure from the current administration's debanking investigations.
JPMorgan Chase Valuation
Timeline of JPMorgan Chase Funding
1799
The Bank of the Manhattan Company Founded
The earliest predecessor institution was established in New York City under the leadership of Aaron Burr, laying the groundwork for what would become one of the world's largest banks.
1871
Drexel, Morgan & Co. Established
J.P. Morgan and Anthony Drexel formed a merchant banking house at 23 Wall Street, specializing in railroad finance and government bond underwriting.
1996
Chemical Bank Acquires Chase Manhattan
Chemical Banking Corporation merged with Chase Manhattan in a deal that created the largest bank in the U.S. at the time, with $300 billion in combined assets. The merged entity kept the Chase Manhattan name.
December 2000
J.P. Morgan & Co. Merges with Chase Manhattan
The merger formed JPMorgan Chase & Co., combining J.P. Morgan's investment banking strength with Chase's commercial and consumer banking operations. The combined firm had over $660 billion in assets.
July 2004
Bank One Merger — $58 Billion
JPMorgan Chase acquired Bank One Corporation for $58 billion, adding major retail and credit card capabilities. Jamie Dimon, Bank One's CEO, became president and later CEO of the combined company.
March 2008
Bear Stearns Acquisition
During the financial crisis, JPMorgan acquired Bear Stearns in a Federal Reserve-backed deal initially valued at $2 per share (later revised to ~$10). The acquisition added prime brokerage and energy trading operations.
September 2008
Washington Mutual Acquisition
After the largest bank failure in U.S. history, JPMorgan acquired Washington Mutual's banking operations from FDIC receivership for $1.9 billion, expanding its branch network into California, Florida, and Washington State.
May 2023
First Republic Bank Acquisition
JPMorgan Chase acquired First Republic Bank after it was seized by the FDIC during the 2023 regional banking crisis. The deal included approximately $173 billion in loans and $30 billion in securities.
JPMorgan Chase Investors
The Vanguard Group
Type: Asset Manager
Shares: ~222 million
Key Funds: Vanguard Total Stock Market Index, Vanguard 500 Index Fund
~9.8% stake
BlackRock
Type: Asset Manager
Shares: ~193 million
Key Funds: iShares Core S&P 500 ETF (IVV)
~7.5% stake
State Street Corporation
Type: Custodial Bank / Asset Manager
Shares: ~125 million
Key Funds: SPDR S&P 500 ETF (SPY)
~4.5% stake
Morgan Stanley
Type: Investment Bank
Shares: ~68 million
Wealth management and institutional holdings
~2.5% stake
Geode Capital Management
Type: Quantitative Asset Manager
Shares: ~61 million
Sub-advisor for Fidelity index funds
~1.9% stake
James S. Crown
Type: Individual / Board Member
Shares: ~35 million
Largest individual shareholder
~1.3% stake
Jamie Dimon
Type: CEO / Insider
Compensation (2025): $43 million
Largest executive shareholder
Insider — <1% stake
Retail / Public Investors
Type: Individual investors
Collective ownership of JPM common stock
Trade via NYSE under ticker JPM
~24% stake
JPMorgan Chase's institutional ownership stands at roughly 75%, with the top three holders — Vanguard, BlackRock, and State Street — collectively controlling about 22% of outstanding shares. Insider ownership remains below 1%, though board members hold shares valued at over $3 billion at current prices. The bank competes directly with Bank of America, Wells Fargo, and Goldman Sachs among the Big Four U.S. banks.
