JPM
JPMorgan Chase & Co.
JPM offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
TCBS
Texas Community Bancshares, Inc.
TCBS has the edge over JPM overall, supported by stronger valuation and stronger fundamentals.
JPM Fundamentals
| Metric | Status |
|---|---|
| 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.
TCBS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
TCBS's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like TCBS.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $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.
TCBS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 15x | $17.30 | — |
| Cheap | 16x | $18.97 | +9.7% |
| Fair | 24x | $27.51 | +59% |
| Expensive | 79x | $91.78 | +431% |
Historical ranges are pointers, not guarantees.
TCBS has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
TCBS Forward outlook
There aren't enough analyst estimates for TCBS to show an outlook.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| 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 TCBS on earnings, with more consistent year-over-year improvement.
TCBS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.16 | +36% |
| Q2 2026 | $1.21 | +55% |
| Q1 2026 | $1.09 | +63% |
| Q4 2023 | -$0.24 | -141% |
| Q3 2023 | $0.00 | -100% |
| Q2 2023 | $0.03 | -90% |
| Q1 2023 | $0.12 | -43% |
TCBS earned $1.16 per share over the past year, up 36% from the year before.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 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 has the edge over TCBS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over TCBS on profitability, with a higher operating margin.
TCBS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4M | -9.2% |
| Q2 2026 | $4.4M | +18% |
| Q1 2026 | $4.1M | +8.9% |
| Q4 2025 | $4.4M | +13% |
| Q3 2025 | $4.4M | +18% |
| Q2 2025 | $3.8M | +4.9% |
| Q4 2024 | $3.9M | +16% |
| Q3 2024 | $3.7M | +8.9% |
TCBS's revenue is growing: $4M last quarter, down 9.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -3.2 points |
| Q2 2026 | 26% | +4.1 points |
| Q1 2026 | 23% | +3.4 points |
| Q4 2025 | 23% | +7.5 points |
| Q3 2025 | 17% | +1.3 points |
| Q2 2025 | 22% | +11 points |
| Q1 2025 | 20% | N/A |
| Q4 2024 | 16% | +27 points |
TCBS's operating margin was 14% last quarter, down 3.2 points from the same quarter a year ago.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| 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.
TCBS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1M | -32% |
| Q2 2026 | $786K | -4.4% |
| Q1 2026 | -$178K | +$1.4M |
| Q4 2025 | $160K | +$247K |
| Q3 2025 | $1.6M | +81% |
| Q2 2025 | $822K | +215% |
| Q4 2024 | -$87K | +$1.8M |
| Q3 2024 | $858K | +97% |
TCBS has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Total Shares
| Period | Change % | 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 2.7B diluted shares, down 3.1% from a year ago, with $24.5B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
TCBS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -18K shares |
| 1 year | -4.9% | -141K shares |
| 3 years | -13% | -407K shares |
| 5 years | -16% | -533K shares |
TCBS has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $816,000 |
| Q3 2025 | $1M |
| Q2 2025 | $846,000 |
| Q1 2025 | $495,000 |
| Q4 2024 | $576,000 |
| Q3 2024 | $418,000 |
| Q2 2024 | $430,000 |
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
TCBS Net Leverage
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
TCBS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.9 | Neutral |
| Stochastic | 32.1 | Neutral |
TCBS's weekly RSI is 52 (neutral) and its Stochastic is 32 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM has the edge over TCBS on valuation relative to its sector.
TCBS PE vs Financial Services Sector
| Metric | TCBS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 8 | 66 | 58 pts below |
TCBS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.
TCBS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.1 | 1% above |
| 20 week MA | $17.4 | 0.3% below |
| 50 week MA | $17.2 | 0.9% above |
| 100 week MA | $16.6 | 4.5% above |
| 200 week MA | $15.1 | 15% above |
TCBS's trend is mixed: it's above four of its five weekly moving averages, and 15% above its 200-week average.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 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 TCBS on returns for 2026, with the stronger performance.
TCBS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $15.1 | $15.5 | +2.8% |
| 2022 | $15.5 | $15.1 | -2.5% |
| 2023 | $15.1 | $14.1 | -6.6% |
| 2024 | $14.1 | $15.1 | +6.9% |
| 2025 | $15.1 | $17.6 | +17% |
| 2026 YTD | $17.6 | $17.3 | -1.7% |
TCBS has finished higher in three of the last five years. It's down 1.7% so far in 2026.