J.P. Morgan
JPMorganChase is a New York Stock Exchange-listed financial services firm that operates under the J.P. Morgan and Chase brands. It reported 2025 net revenue of $182.4 billion and total assets of $4.4 trillion.
Industry: Banking and financial services | Location: New York, United States | Founded: 2000
About J.P. Morgan
JPMorganChase is a financial services firm that operates under the J.P. Morgan and Chase brands and trades on the New York Stock Exchange under the symbol JPM. Its 2025 financial highlights give total assets of $4.4 trillion and describe a business serving consumers, small businesses and many corporate, institutional and government clients, mostly in the United States. Its website groups the firm into Asset & Wealth Management, Commercial & Investment Banking, Consumer & Community Banking and Technology.
The firm traces its history to the Manhattan Company, founded in 1799, and to the New York merchant bank that Pierpont Morgan and Anthony Drexel established in 1871. The Bank of the Manhattan Company merged with Chase National Bank in 1955 to form Chase Manhattan Bank, and Chase Manhattan merged with J.P. Morgan & Co. in 2000 to create JPMorgan Chase. A merger with Bank One followed in 2004. Jamie Dimon has been chief executive since 1 January 2006 and chairman since 2007. Its operating committee includes chief financial officer Jeremy Barnum, chief operating officer Jennifer Piepszak and Mary Callahan Erdoes, who runs Asset & Wealth Management. Doug Petno and Troy Rohrbaugh are co-presidents.
The website says Consumer & Community Banking serves about 80 million individuals, families and businesses, and gives the firm's 2026 technology investment as $19.8 billion.
In Saudi Arabia, Semafor reported in October 2025 that the firm had done business in the kingdom for more than 90 years and was opening a regional headquarters for its Saudi operations in Riyadh, where Bader Alamoudi is senior country officer for Saudi Arabia and Bahrain. Mubasher, citing Bloomberg, reported on 16 October 2025 that it had obtained a Saudi regional headquarters license, while its Middle East and North Africa operations continue to report to London. In May 2025 TipRanks reported plans to raise regional headcount from about 370 to about 500.
For 2025 the firm reported total net revenue of $182.4 billion and net income of $57.0 billion. It had 318,512 employees at the end of 2025 and a market capitalization of $868.8 billion. Its 2025 annual report was published in April 2026.
Leadership
- Jamie Dimon, Chairman and Chief Executive Officer
- Jeremy Barnum, Chief Financial Officer
- Jennifer Piepszak, Chief Operating Officer
- Mary Callahan Erdoes, Chief Executive Officer, Asset & Wealth Management
- Doug Petno, Co-President and Chief Executive Officer, Commercial & Investment Bank
- Troy Rohrbaugh, Co-President and Chief Executive Officer, Consumer & Community Banking
- Bader Alamoudi, Senior Country Officer for Saudi Arabia and Bahrain