JPMorgan Chase is a financial holding company. Through its subsidiaries, Co. is a financial services firm. Co.'s segments include: Consumer and Community Banking, which provides services via bank branches, ATMs, digital (including mobile and online) and telephone banking; Corporate and Investment Bank, which consists of Banking and Markets and Securities Services that provides investment banking, market-making, brokerage, and treasury and securities products and services; Commercial Banking, which provides financial solutions, including lending, payments, investment banking and asset management products; and Asset and Wealth Management, which is engaged in investment and wealth management. We show 54 historical shares outstanding datapoints in our JPM shares outstanding history coverage, used to compute JPM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JPM market cap history over the course of time is important for investors
interested in comparing JPM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of JPM versus a peer is one thing; comparing
JPM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like JPM can fluctuate over the course of history.
With this page we aim to empower investors researching JPM by allowing them to research the JPM market cap history. |
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Video: The Importance of Market Cap
