JPM
JPMorgan Chase & Co.
JPM has the edge over UNTY overall, supported by stronger fundamentals and stronger modeled upside.
UNTY
Unity Bancorp, Inc.
UNTY offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
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.
UNTY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
UNTY'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 UNTY.
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 UNTY in the historical PE scenario, which offers more potential upside but is not a forecast.
UNTY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.8x | $41.11 | -30% |
| Fair | 8.4x | $50.62 | -13% |
| Forward | 9.3x | $58.34 | — |
| Current | 9.7x | $58.34 | — |
| Expensive | 10x | $60.94 | +4.5% |
Historical ranges are pointers, not guarantees.
UNTY's PE is in its expensive range at 9.7x. If earnings grow as analysts expect, today's price would be 9.3x next year's earnings.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
JPM has the edge over UNTY on the outlook, with more favorable profitability expectations.
UNTY Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for UNTY, with profitability holding steady.
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's earnings per share have climbed steadily: $23.85 over the past year, up 18% from the year before, and higher year over year for 15 quarters in a row.
UNTY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.27 | +3.7% |
| Q3 2026 | $6.04 | +14% |
| Q2 2026 | $5.75 | +16% |
| Q1 2026 | $5.94 | +39% |
| Q4 2025 | $5.67 | +40% |
| Q3 2025 | $5.28 | +36% |
| Q2 2025 | $4.94 | +30% |
| Q1 2025 | $4.26 | +12% |
| Q4 2024 | $4.06 | +5.7% |
UNTY has the edge over JPM on earnings, with stronger typical year-over-year growth.
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'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.
| 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's operating margin was 40% last quarter, about level with the same quarter a year ago.
UNTY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $36.7M | +12% |
| Q2 2026 | $33.7M | -1.8% |
| Q1 2026 | $33.6M | +14% |
| Q4 2025 | $35.3M | +24% |
| Q3 2025 | $32.8M | +19% |
| Q2 2025 | $34.4M | +35% |
| Q1 2025 | $29.4M | +15% |
| Q4 2024 | $28.4M | +6.8% |
UNTY has the edge over JPM on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 55% | -2.9 points |
| Q2 2026 | 55% | -7.4 points |
| Q1 2026 | 55% | +2.5 points |
| Q4 2025 | 56% | +4.8 points |
| Q3 2025 | 57% | +4.8 points |
| Q2 2025 | 63% | +13 points |
| Q1 2025 | 53% | +2.5 points |
| Q4 2024 | 51% | +2 points |
UNTY has the edge over JPM on profitability, with a higher operating margin.
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.
UNTY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $48.2M | +6.3% |
| Q2 2026 | -$38.8M | -$13.3M |
| Q1 2026 | $14.5M | -18% |
| Q4 2025 | $6.9M | -69% |
| Q3 2025 | $45.3M | +159% |
| Q2 2025 | -$25.5M | -$16.9M |
| Q1 2025 | $17.6M | +12% |
| Q4 2024 | $22.7M | -8.3% |
UNTY 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 UNTY 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.
UNTY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +12K shares |
| 1 year | 0% | -- |
| 3 years | -0.2% | -25K shares |
| 5 years | -2.6% | -274K shares |
| Available history | -7.2% | -796K shares |
UNTY has 10M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $324,000 |
| Q4 2025 | $3.1M |
| Q3 2025 | — |
| Q4 2024 | $11,000 |
| Q3 2024 | $281,000 |
| Q2 2024 | $1.8M |
UNTY spent $3M buying back its own shares over the past year.
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.
UNTY 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).
UNTY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.6 | Neutral |
| Stochastic | 48.4 | Neutral |
UNTY's weekly RSI is 55 (neutral) and its Stochastic is 48 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
UNTY PE vs Financial Services Sector
| Metric | UNTY | Sector median | Relative |
|---|---|---|---|
| PE | 9.7x | 13x | 26% below |
| PE % | 75 | 63 | 12 pts above |
UNTY has the edge over JPM on valuation relative to its sector.
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.
UNTY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.6 | 3% above |
| 20 week MA | $58.0 | 0.6% above |
| 50 week MA | $55.4 | 5.3% above |
| 100 week MA | $50.9 | 15% above |
| 200 week MA | $39.7 | 47% above |
UNTY has the edge over JPM on trend strength, trading above more of its moving averages.
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 finished higher in four of the last six years. It's up 4.5% so far in 2026.
UNTY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.7 | $17.3 | -24% |
| 2021 | $17.3 | $25.3 | +47% |
| 2022 | $25.3 | $27.4 | +8% |
| 2023 | $27.4 | $29.6 | +8.2% |
| 2024 | $29.6 | $43.3 | +46% |
| 2025 | $43.3 | $52.5 | +21% |
| 2026 YTD | $52.5 | $58.3 | +11% |
UNTY has the edge over JPM on returns for 2026, with the stronger performance.