JPMorgan Chase & Co (NYSE:JPM)
$ 200.06 1.33 (0.67%) Market Cap: 574.51 Bil Enterprise Value: 484.43 Bil PE Ratio: 12.08 PB Ratio: 1.87 GF Score: 77/100

JPMorgan Chase & Co at RBC Capital Markets Financial Institutions Conference (Virtual) Transcript

Mar 08, 2022 / 01:40PM GMT
Release Date Price: $128.3 (-0.70%)
Gerard Sean Cassidy
RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning, everyone. This is Gerard Cassidy from RBC Capital Markets. I want to welcome you. Similar to Derek Neldner and Dave McKay, welcome. Thank you for joining us for our Annual Financial Institutions Conference.

We're very pleased to kick off the first morning session with JPMorgan Chase. As many of you know, JPMorgan Chase is our largest bank in the United States. As of last night, it had a market cap of about $380 billion. The stock trades at about 1.5x book value. And the dividend yield today is about 3%.

We're very pleased today to have Troy Rohrbaugh, Head of Global Markets. Troy has been with JPMorgan Chase for 25 years. He heads up JPMorgan's leading trading franchise in both fixed income and equity trading. And he's a member of the operating committee at -- and the CIB management team. Thank you, Troy, for joining us today.

Troy L. Rohrbaugh
JPMorgan Chase & Co. - Head of Global Markets

Thank

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