Is JPMorgan Chase Stock a Buy, Hold or Sell After Earnings?
JPMorgan Chase is trading higher after the big bank topped fourth-quarter earnings expectations, but is the stock a Buy? Here's what you need to know.


JPMorgan Chase (JPM) stock is higher out of the gate Wednesday after the world's largest bank kicked off fourth-quarter earnings season with a bang, beating top- and bottom-line expectations.
In the three months ending December 31, JPMorgan said its revenue increased 9.5% year over year to $43.7 billion, boosted by 17.5% growth in its Commercial & Investment Bank segment to $17.6 billion. Its earnings per share (EPS) rose 58.2% from the year-ago period to $4.81.
The results beat analysts' expectations. Wall Street was anticipating revenue of $41.7 billion and earnings of $4.11 per share, according to CNBC.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
"The Firm concluded the year with a strong fourth quarter, generating net income of $14.0 billion. Each line of business posted solid results," said JPMorgan CEO Jamie Dimon in a statement. "In Consumer and Community Banking (CCB), we continued to acquire new customers across Consumer Banking, Business Banking, Card, and wealth management. For example, nearly 2 million net new checking accounts were opened during 2024."
JPMorgan ended the quarter with $4 trillion in assets under management and a book value per share of $116.07, representing year-over-year increases of 18% and 11%, respectively.
For fiscal 2025, JPMorgan said it expects to achieve net interest income of approximately $94 billion, an increase of about 1.5% from $92.6 billion in fiscal 2024.
"This was a very good print for the stock, especially as many investors were worried that JPM would be a funding mechanism to chase some of the lower-quality banks out there," wrote David Wagner, portfolio manager at Aptus Capital Advisors, in emailed commentary. "We were most impressed with the company's big revenue beat, and importantly, net interest income was quite strong."
Is JPMorgan stock a buy, sell or hold?
JPMorgan Chase has done well on the price charts over the past 12 months, up 50% on a total return basis (price change plus dividends) vs the S&P 500's 24% gain. Unsurprisingly, Wall Street is bullish on the Dow Jones stock.
According to S&P Global Market Intelligence, the consensus recommendation among the 23 analysts following the financial stock that it tracks is a Buy.
CFRA Research analyst Kenneth Leon is one of those with a Buy rating on the large-cap stock. ""JPM is gaining wallet share across many different core businesses," including investment banking and mergers and acquisitions (M&A), Leon says. "We also see midsize companies looking to shift loans and other services to larger banks like JPMorgan."
Meanwhile, analysts' price targets have had a hard time keeping up with JPM's run higher. The average analyst price target of $254.53 represents implied upside of roughly 2% to current levels. Analysts may revise their price targets higher following the strong quarter.
Related Content
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
Will Your State End Tax on Tips This Year?
State Tax While President Trump spearheads federal talk on tips, several key states are considering ending taxes on tip income.
By Kate Schubel Published
-
From wire fraud to fake listings, real estate scams are becoming more sophisticated. Discover how to protect yourself from common scams in 2025.
Learn how to recognize and prevent the latest real estate scams.
By Dori Zinn Published
-
Alternative Investments Under Trump: What You Need to Know
As access to alternative markets opens up, retail investors looking to enhance their long-term financial outcomes have more opportunities to carefully consider.
By Henry Yoshida Published
-
Beware of TV/Billboard Personal Injury Law Firms: Here's Why
If you or someone you know is tempted to hire a so-called settlement mill to handle a personal injury case, here are some reasons to reconsider.
By H. Dennis Beaver, Esq. Published
-
How Small Businesses Can Clear the Economic Hurdles Ahead
Shifting rules on taxes, trade and regulation are creating uncertainty for SMBs. Owners can overcome that by focusing on efficiency, flexibility and investment.
By Mark Valentino Published
-
Stock Market Today: Dow Adds 353 Points Despite Soft Retail Sales
Investors and traders shake off another set of shaky economic numbers and send 10 of 11 sectors higher on Monday.
By David Dittman Published
-
CoreWeave IPO: Should You Buy CRWV Stock?
The CoreWeave IPO will mark the biggest public offering of the year, with the AI cloud company expected to start trading on the Nasdaq in late March.
By Karee Venema Published
-
Nvidia Stock's Been Growing for Years. Just Look At Its 100,000% Return
Nvidia shareholders have had to stomach intense volatility over the years, but they have come out on top thanks to the AI chipmaker's bellwether status.
By Louis Navellier Published
-
10 Tax Topics Every Retiree Should Know About
A little knowledge can go a long way toward saving on your tax bill. Print this out and take it to your tax planner so you can have a productive chat.
By Michael Miller Published
-
It's No Surprise That Berkshire Hathaway's in the 100,000% Return Club
Warren Buffett's fascination with the insurance industry has helped Berkshire Hathaway's stock return snowball.
By Louis Navellier Published