Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Who owns JPMorgan Chase & Co.? JPM Stock Ownership - TipRanks.com? ›
Who Owns JPMorgan Chase & Co. (JPM)? According to the latest TipRanks data, approximately 34.72% of the company's stock is held by institutional investors, 3.02% is held by insiders, and 40.32% is held by retail investors.
Who owns JPMorgan Chase & Co.? ›The largest shareholders of JPMorgan Chase are institutional investors: Vanguard Group, BlackRock, and State Street Corp. The largest individual shareholder is CEO Jamie Dimon.
Who are the major shareholders of JPMorgan Chase and Co? ›The top institutional shareholders are Vanguard Group, BlackRock, and State Street Corporation. The company had a market capitalization of $556.48 billion in August 2024.
Who is behind JP Morgan? ›In 1871, J.P. Morgan & Co. was founded by J. P. Morgan who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services. The present company was formed after the two predecessor firms merged in 2000, creating a diversified holding entity.
Who is the CEO of JP Morgan? ›Jamie Dimon's right hand man is ready to lead JP Morgan—but time is not on his side. JPMorgan president and chief operating officer Daniel Pinto is among a very short list of successors to CEO Jaime Dimon. Here he's attending the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024.
Is Chase bank owned by China? ›JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
What family owns J.P. Morgan? ›The Morgan family is an American family and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century. Members of the family amassed an immense fortune over the generations, primarily through the work of Junius Spencer (J.S.)
Who is the largest shareholder of bank of America? ›Buffett famously bought $5 billion worth of BofA's preferred stock and warrants in 2011 in the aftermath of the financial crisis. He converted those warrants in 2017, making Berkshire the largest shareholder in BofA.
Who is the biggest shareholder of BlackRock? ›- Vanguard, 8.9%, 13.2 million shares valued at $10.9 billion.
- BlackRock, 6.5%, 9.6 million shares valued at $8 billion.
- State Street, 4%, 5.9 million shares valued at $4.9 billion.
- Bank of America, 3.5%, 5.2 million shares valued at $4.3 billion.
In 1955, the Bank of the Manhattan Company merged with Chase National Bank, the third largest in the United States, to form Chase Manhattan Bank. And in 2000, Chase Manhattan merged with JPMorgan & Co, to form today's JPMorgan Chase.
Is the Morgan family still wealthy? ›
The Morgan family fortune was diminished during the Great Depression, and philanthropy further reduced its breadth. As a result, the family's wealth has thinned out among the approximately 200 descendants, Mr. Pennoyer says.
What is the difference between JPMorgan and JPMorgan Chase? ›A lot of the time people confuse or ask if JPMorgan Chase & Co. is the same as JP Morgan; the answer is there need not be any confusion as they are the same. The entity was previously known as JP Morgan until it was merged with the Chase Manhattan Corporation in 2000 to become JPMorgan Chase & Co.
What was the dark history of JP Morgan? ›JPMorgan estimated that between 1831 and 1865, the two banks accepted approximately 13,000 slaves as collateral and ended up owning about 1,250 slaves. An apology was made in compliance with a rule requiring companies to detail past dealings with the slave trade when doing business with the city of Chicago.
Who owns most of J.P. Morgan? ›Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Morgan Stanley, Geode Capital Management, Llc, Fmr Llc, Bank Of America Corp /de/, and Norges Bank .
Who is the female head of J.P. Morgan? ›Mary Callahan Erdoes is Chief Executive Officer of JPMorgan Chase's Asset & Wealth Management line of business – one of the largest and most respected investment managers and private banks in the world, with more than $5 trillion in client assets and a 200-year-old legacy as a trusted fiduciary to corporations, ...
Who is the head of J.P. Morgan Private Wealth? ›David Frame is Chief Executive Officer of J.P. Morgan U.S. Private Bank, one of the largest providers of wealth management services with more than $836 billion in client assets.
What bank is J.P. Morgan affiliated with? ›In 1955, the Bank of the Manhattan Company merged with Chase National Bank, the third largest in the United States, to form Chase Manhattan Bank. And in 2000, Chase Manhattan merged with JPMorgan & Co, to form today's JPMorgan Chase.
Who bought Chase Bank? ›Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available on the Internet at www.jpmorganchase.com.
What is the difference between JPMorgan Chase and Co and J.P. Morgan? ›A lot of the time people confuse or ask if JPMorgan Chase & Co. is the same as JP Morgan; the answer is there need not be any confusion as they are the same. The entity was previously known as JP Morgan until it was merged with the Chase Manhattan Corporation in 2000 to become JPMorgan Chase & Co.
Does J.P. Morgan own Capital One? ›No. Chase Bank is owned by JP Morgan Chase & Company. Neither Chsde or JMPC is related to Capital One.