JPM
JPMorgan Chase & Co.
JPM has slightly lower modeled downside risk, despite its lower overall score.
TFIN
Triumph Financial, Inc.
TFIN has a slight edge over JPM overall, supported by stronger modeled upside and stronger valuation.
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.
TFIN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
TFIN's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like TFIN.
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 has the edge over TFIN in the historical PE scenario, which offers more potential upside but is not a forecast.
TFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $30.11 | -49% |
| Forward | 18x | $59.05 | — |
| Fair | 24x | $47.63 | -19% |
| Current | 30x | $59.05 | — |
| Expensive | 57x | $112 | +89% |
Historical ranges are pointers, not guarantees.
TFIN's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
TFIN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
TFIN has the edge over JPM on the outlook, with more favorable valuation expectations.
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% |
TFIN has the stronger earnings trend. Trailing diluted EPS is up 18% for JPM versus TFIN up 148%.
TFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.22 | +64% |
| Q4 2024 | $0.54 | -66% |
| Q3 2024 | $0.79 | -58% |
| Q2 2024 | $1.11 | -45% |
| Q1 2024 | $1.32 | -62% |
| Q4 2023 | $1.61 | -59% |
| Q3 2023 | $1.90 | -56% |
| Q2 2023 | $2.01 | -56% |
| Q1 2023 | $3.46 | -13% |
TFIN's earnings per share have fallen from their peak: $1.96 over the past year, against $4.62 in mid-2022.
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 TFIN 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 TFIN on profitability, with a higher operating margin.
TFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $125.7M | +15% |
| Q2 2026 | $120.2M | +11% |
| Q1 2026 | $105.8M | +4.2% |
| Q4 2025 | $120.1M | +16% |
| Q3 2025 | $109.3M | +2.9% |
| Q2 2025 | $108.1M | +2.8% |
| Q1 2025 | $101.6M | +0.5% |
| Q4 2024 | $103.6M | -2.4% |
TFIN's revenue is recovering but still below its 2022 peak: $126M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +14 points |
| Q2 2026 | 13% | +5.9 points |
| Q1 2026 | 7.7% | +7.6 points |
| Q4 2025 | 20% | +14 points |
| Q3 2025 | 1.2% | -4.8 points |
| Q2 2025 | 7.3% | +3.9 points |
| Q1 2025 | 0.1% | -4.6 points |
| Q4 2024 | 5.6% | -6.4 points |
TFIN's operating margin was 15% last quarter, up 14 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.
TFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.3M | -5.3% |
| Q1 2026 | $3.3M | +$6.3M |
| Q4 2025 | $36.5M | -1.3% |
| Q3 2025 | $22.4M | +5.8% |
| Q1 2025 | -$3M | +$13M |
| Q4 2024 | $37M | +46% |
| Q3 2024 | $21.2M | +136% |
| Q2 2024 | $16.3M | +106% |
TFIN 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 the edge over TFIN on shareholder dilution, with a more favorable share count trend.
| 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.
TFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -3.1K shares |
| 1 year | +0.9% | +221K shares |
| 3 years | +2.9% | +686K shares |
| 5 years | -4.3% | -1.1M shares |
| Available history | -7.3% | -1.9M shares |
TFIN has 24M diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $2.1M |
| Q1 2026 | $92,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $2.1M |
| Q1 2025 | $128,000 |
| Q4 2024 | $1,000 |
TFIN spent $2M buying back its own shares over the past year, about the same as the year before.
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.
TFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -10.9x | Net Cash |
| Q2 2026 | -11.4x | Net Cash |
| Q1 2026 | -7.2x | Net Cash |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 4.8x | High |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -5.3x | Net Cash |
| Q4 2024 | -4.8x | Net Cash |
TFIN has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
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).
TFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.6 | Neutral |
| Stochastic | 8.4 | Oversold |
TFIN's weekly RSI is 37 (neutral) and its Stochastic is 8 (oversold).
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 TFIN on valuation relative to its sector.
TFIN PE vs Financial Services Sector
| Metric | TFIN | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 13x | 131% above |
| PE % | 58 | 63 | 5 pts below |
TFIN is trading at 30x earnings, a 131% 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 has the edge over TFIN on trend strength, trading above more of its moving averages.
TFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.7 | 4.3% below |
| 20 week MA | $69.1 | 15% below |
| 50 week MA | $66.5 | 11% below |
| 100 week MA | $64.2 | 8% below |
| 200 week MA | $68.0 | 13% below |
TFIN is in a downtrend: it's below all five of its weekly moving averages, and 13% below 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 TFIN on returns for 2026, with the stronger performance.
TFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $38.4 | $48.3 | +26% |
| 2021 | $48.3 | $113.1 | +134% |
| 2022 | $113.1 | $49.4 | -56% |
| 2023 | $49.4 | $80.2 | +62% |
| 2024 | $80.2 | $90.9 | +13% |
| 2025 | $90.9 | $64.0 | -30% |
| 2026 YTD | $64.0 | $59.1 | -7.8% |
TFIN's yearly returns have swung widely, from +134% in 2021 to −56% in 2022. It's down 7.8% so far in 2026.