JPM

JPMorgan Chase & Co.

57
Fundamentals65/ 100
Valuation38/ 100
Upside potential68/ 100
Risk potential10/ 100

JPM has a slight edge over PB overall, supported by stronger fundamentals.

PB

Prosperity Bancshares, Inc.

57
Fundamentals49/ 100
Valuation51/ 100
Upside potential69/ 100
Risk potential10/ 100

PB offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

JPM Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.

PB Fundamentals

MetricStatus
Strong
Healthy
N/A
N/A

PB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like PB.

JPM PE Valuation

CHEAPFAIREXPENSIVE5.0x10x15x20x
CHEAPFAIREXPENSIVE5.0x10x15x20x
LevelPEPriceVs current
Cheap9.7x$231-33%
Fair12x$287-16%
Current14x$343—
Forward14x$343—
Expensive15x$361+5.2%

Historical ranges are pointers, not guarantees.

JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.

PB PE Valuation

CHEAPFAIREXPENSIVE4.7x9.3x14x19x
CHEAPFAIREXPENSIVE4.7x9.3x14x19x
LevelPEPriceVs current
Forward10x$72.62—
Cheap12x$63.63-12%
Fair13x$70.42-3%
Current13x$72.62—
Expensive14x$77.28+6.4%

Historical ranges are pointers, not guarantees.

PB has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.

JPM Forward outlook

MetricOutlook
Stable
Growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for JPM, with profitability improving.

PB Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Weakening
Limited
Moderate

Analysts expect strong earnings and revenue growth for PB, but weaker profitability.

JPM Risk to reward

ScenarioChangePrice
Upside+20%$412.26
Downside-10%$310.03

Calculated from the latest close: $342.82 on Nov 12.

JPM trails PB on modeled risk to reward, with less potential upside relative to its potential downside.

PB Risk to reward

ScenarioChangePrice
Upside+22%$88.63
Downside-10%$65.42

Calculated from the latest close: $72.62 on Nov 12.

PB has a better modeled risk to reward balance than JPM, with more potential upside relative to its potential downside.

JPM Earnings Per Share

Q4 2023: $16.23Q1 2024: $16.57Q2 2024: $17.94Q3 2024: $17.98Q4 2024: $19.75Q1 2025: $20.38Q2 2025: $19.50Q3 2025: $20.20Q4 2025: $20.02Q1 2026: $20.89Q2 2026: $23.35Q3 2026: $23.85Forward: $24.99
Q4 2023: $16.23Q1 2024: $16.57Q2 2024: $17.94Q3 2024: $17.98Q4 2024: $19.75Q1 2025: $20.38Q2 2025: $19.50Q3 2025: $20.20Q4 2025: $20.02Q1 2026: $20.89Q2 2026: $23.35Q3 2026: $23.85Forward: $24.99
QuarterTTM EPSYoY
Forward$24.99+4.8%
Q3 2026$23.85+18%
Q2 2026$23.35+20%
Q1 2026$20.89+2.5%
Q4 2025$20.02+1.4%
Q3 2025$20.20+12%
Q2 2025$19.50+8.7%
Q1 2025$20.38+23%
Q4 2024$19.75+22%

JPM has the edge over PB on earnings, with more consistent year-over-year improvement.

PB Earnings Per Share

Q4 2023: $4.51Q1 2024: $4.32Q2 2024: $4.55Q3 2024: $4.69Q4 2024: $5.05Q1 2025: $5.24Q2 2025: $5.49Q3 2025: $5.60Q4 2025: $5.72Q1 2026: $5.51Q2 2026: $5.76Q3 2026: $5.49Forward: $7.01
Q4 2023: $4.51Q1 2024: $4.32Q2 2024: $4.55Q3 2024: $4.69Q4 2024: $5.05Q1 2025: $5.24Q2 2025: $5.49Q3 2025: $5.60Q4 2025: $5.72Q1 2026: $5.51Q2 2026: $5.76Q3 2026: $5.49Forward: $7.01
QuarterTTM EPSYoY
Forward$7.01+28%
Q3 2026$5.49-2%
Q2 2026$5.76+4.9%
Q1 2026$5.51+5.2%
Q4 2025$5.72+13%
Q3 2025$5.60+19%
Q2 2025$5.49+21%
Q1 2025$5.24+21%
Q4 2024$5.05+12%

PB earned $5.49 per share over the past year, down 2% from the year before.

JPM Quarterly Revenue

Q4 2023: $38.6BQ1 2024: $41.9BQ2 2024: $50.2BQ3 2024: $42.7BQ4 2024: $42.8BQ1 2025: $45.3BQ2 2025: $44.9BQ3 2025: $46.4BQ4 2025: $45.8BQ1 2026: $49.8BQ2 2026: $57.3BQ3 2026: $50.2B
Q4 2023: $38.6BQ1 2024: $41.9BQ2 2024: $50.2BQ3 2024: $42.7BQ4 2024: $42.8BQ1 2025: $45.3BQ2 2025: $44.9BQ3 2025: $46.4BQ4 2025: $45.8BQ1 2026: $49.8BQ2 2026: $57.3BQ3 2026: $50.2B
QuarterRevenueYoY
Q3 2026$50.2B+8.1%
Q2 2026$57.3B+28%
Q1 2026$49.8B+10%
Q4 2025$45.8B+7.1%
Q3 2025$46.4B+8.8%
Q2 2025$44.9B-11%
Q1 2025$45.3B+8.1%
Q4 2024$42.8B+11%

JPM's revenue has grown year over year for five quarters in a row: $50.2B last quarter, up 8.1% from the same quarter a year ago.

PB Quarterly Revenue

Q4 2023: $274MQ1 2024: $277MQ2 2024: $305MQ3 2024: $303MQ4 2024: $308MQ1 2025: $307MQ2 2025: $311MQ3 2025: $315MQ4 2025: $318MQ1 2026: $368MQ2 2026: $391MQ3 2026: $496M
Q4 2023: $274MQ1 2024: $277MQ2 2024: $305MQ3 2024: $303MQ4 2024: $308MQ1 2025: $307MQ2 2025: $311MQ3 2025: $315MQ4 2025: $318MQ1 2026: $368MQ2 2026: $391MQ3 2026: $496M
QuarterRevenueYoY
Q3 2026$495.7M+58%
Q2 2026$391.3M+26%
Q1 2026$367.6M+20%
Q4 2025$317.7M+3.3%
Q3 2025$314.7M+3.9%
Q2 2025$310.7M+1.9%
Q1 2025$306.7M+11%
Q4 2024$307.6M+12%

PB has the edge over JPM on sales, with more consistent year-over-year improvement.

JPM Free Cash Flow

Q4 2023: $60.2BQ1 2024: −$154BQ2 2024: $38.5BQ3 2024: −$74.1BQ4 2024: $148BQ1 2025: −$252BQ2 2025: $29.5BQ3 2025: −$45.2BQ4 2025: $120BQ1 2026: −$212BQ2 2026: −$25.3BQ3 2026: $33.2B
Q4 2023: $60.2BQ1 2024: −$154BQ2 2024: $38.5BQ3 2024: −$74.1BQ4 2024: $148BQ1 2025: −$252BQ2 2025: $29.5BQ3 2025: −$45.2BQ4 2025: $120BQ1 2026: −$212BQ2 2026: −$25.3BQ3 2026: $33.2B
QuarterFree cash flowYoY
Q3 2026$33.2B+$78.4B
Q2 2026-$25.3B-186%
Q1 2026-$211.8B+$40.1B
Q4 2025$119.7B-19%
Q3 2025-$45.2B+$28.9B
Q2 2025$29.5B-23%
Q1 2025-$251.8B-$97.7B
Q4 2024$147.8B+145%

JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.

PB Free Cash Flow

Q4 2023: $23MQ1 2024: $180MQ2 2024: $212MQ3 2024: $270MQ4 2024: −$211MQ1 2025: $171MQ2 2025: $92MQ3 2025: $186MQ4 2025: $68MQ1 2026: $178MQ2 2026: $158MQ3 2026: $302M
Q4 2023: $23MQ1 2024: $180MQ2 2024: $212MQ3 2024: $270MQ4 2024: −$211MQ1 2025: $171MQ2 2025: $92MQ3 2025: $186MQ4 2025: $68MQ1 2026: $178MQ2 2026: $158MQ3 2026: $302M
QuarterFree cash flowYoY
Q3 2026$301.5M+62%
Q2 2026$157.9M+72%
Q1 2026$178.1M+4.1%
Q4 2025$68.5M+$279.1M
Q3 2025$185.7M-31%
Q2 2025$91.8M-57%
Q1 2025$171.1M-5.1%
Q4 2024-$210.7M-1004%

PB has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.

JPM Total Shares

Q4 2023: 2.9BQ1 2024: 2.9BQ2 2024: 2.9BQ3 2024: 2.9BQ4 2024: 2.9BQ1 2025: 2.8BQ2 2025: 2.8BQ3 2025: 2.8BQ4 2025: 2.8BQ1 2026: 2.7BQ2 2026: 2.7BQ3 2026: 2.7B
Q4 2023: 2.9BQ1 2024: 2.9BQ2 2024: 2.9BQ3 2024: 2.9BQ4 2024: 2.9BQ1 2025: 2.8BQ2 2025: 2.8BQ3 2025: 2.8BQ4 2025: 2.8BQ1 2026: 2.7BQ2 2026: 2.7BQ3 2026: 2.7B
PeriodChange %Net change
Quarterly-0.4%-11.2M shares
1 year-3.1%-84.6M shares
3 years-8.5%-249M shares
5 years-11%-322M shares
Available history-17%-547M shares

JPM has the edge over PB on shareholder dilution, with a more favorable share count trend.

PB Total Shares

Q4 2023: 93MQ1 2024: 94MQ2 2024: 96MQ3 2024: 95MQ4 2024: 95MQ1 2025: 95MQ2 2025: 95MQ3 2025: 95MQ4 2025: 95MQ1 2026: 100MQ2 2026: 101MQ3 2026: 120M
Q4 2023: 93MQ1 2024: 94MQ2 2024: 96MQ3 2024: 95MQ4 2024: 95MQ1 2025: 95MQ2 2025: 95MQ3 2025: 95MQ4 2025: 95MQ1 2026: 100MQ2 2026: 101MQ3 2026: 120M
PeriodChange %Net change
Quarterly+19%+19.1M shares
1 year+26%+24.8M shares
3 years+28%+26.2M shares
5 years+29%+27.2M shares
Available history+27%+25.5M shares

PB has 120M diluted shares, up 26% from a year ago, despite $240M in buybacks over the past year.

JPM Net Leverage

Q4 2023: 0.2xQ1 2024: 0.3xQ2 2024: 0.3xQ3 2024: 0.4xQ4 2024: 0.4xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.6xQ4 2025: 0.5xQ1 2026: 0.6xQ2 2026: 0.5xQ3 2026: 0.5x
Q4 2023: 0.2xQ1 2024: 0.3xQ2 2024: 0.3xQ3 2024: 0.4xQ4 2024: 0.4xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.6xQ4 2025: 0.5xQ1 2026: 0.6xQ2 2026: 0.5xQ3 2026: 0.5x
QuarterNet LeverageStatus
Q3 20260.5xVery low
Q2 20260.5xVery low
Q1 20260.6xVery low
Q4 20250.5xVery low
Q3 20250.6xVery low
Q2 20250.5xVery low
Q1 20250.5xVery low
Q4 20240.4xVery low

JPM has the edge over PB on leverage, with a lower net debt burden relative to earnings.

PB Net Leverage

Q4 2023: 5.8xQ1 2024: 5.1xQ2 2024: 4.1xQ3 2024: 2.8xQ4 2024: 6.8xQ1 2025: 1.5xQ2 2025: 2.3xQ3 2025: 0.9xQ4 2025: 3.0xQ1 2026: 0.9xQ2 2026: 1.0xQ3 2026: 3.2x
Q4 2023: 5.8xQ1 2024: 5.1xQ2 2024: 4.1xQ3 2024: 2.8xQ4 2024: 6.8xQ1 2025: 1.5xQ2 2025: 2.3xQ3 2025: 0.9xQ4 2025: 3.0xQ1 2026: 0.9xQ2 2026: 1.0xQ3 2026: 3.2x
QuarterNet LeverageStatus
Q3 20263.2xElevated
Q2 20261.0xHealthy
Q1 20260.9xVery low
Q4 20253.0xModerate
Q3 20250.9xVery low
Q2 20252.3xModerate
Q1 20251.5xHealthy
Q4 20246.8xHigh

PB's net debt is about 3.2 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like PB.

JPM Weekly Momentum

MetricValueStatus
RSI54.8Neutral
Stochastic31.5Neutral

JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).

PB Weekly Momentum

MetricValueStatus
RSI55.5Neutral
Stochastic66.3Neutral

PB's weekly RSI is 55 (neutral) and its Stochastic is 66 (neutral).

JPM PE vs Financial Services Sector

MetricJPMSector medianRelative
PE14x13x10% above
PE %766313 pts above

JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.

PB PE vs Financial Services Sector

MetricPBSector medianRelative
PE13x13x1.6% above
PE %64631 pt above

PB has the edge over JPM on valuation relative to its sector.

JPM Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$336.81.8% above
20 week MA$345.30.7% below
50 week MA$323.26.1% above
100 week MA$298.915% above
200 week MA$236.645% above

JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.

PB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$69.44.7% above
20 week MA$71.41.7% above
50 week MA$70.62.9% above
100 week MA$70.43.2% above
200 week MA$67.57.5% above

PB has the edge over JPM on trend strength, trading above more of its moving averages.

JPM Yearly ROI

YearStart priceEnd priceROI
2020$139.1$124.5-11%
2021$124.5$157.3+26%
2022$157.3$131.3-17%
2023$131.3$170.1+30%
2024$170.1$241.2+42%
2025$241.2$327.9+36%
2026 YTD$327.9$342.8+4.5%

JPM has the edge over PB on returns for 2026, with the stronger performance.

PB Yearly ROI

YearStart priceEnd priceROI
2020$71.7$69.3-3.3%
2021$69.3$71.6+3.2%
2022$71.6$71.4-0.2%
2023$71.4$67.7-5.2%
2024$67.7$75.4+11%
2025$75.4$70.3-6.8%
2026 YTD$70.3$72.6+3.3%

PB has finished lower in four of the last six years. It's up 3.3% so far in 2026.

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