Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years
From Yahoo Finance: 2025-05-12 11:25:00
JPMorgan Chase & Co. could hit $1 trillion market cap in 3 years, says Wells Fargo. Analysts believe it’s a matter of ‘when’ not ‘if’ due to returns, efficiency, and market share. Deregulation, economic growth, and subsiding trade war are factors. If concerns arise, like recession or bear market, it may not happen.
To reach the milestone, JPMorgan must deploy excess capital effectively and have a stock trading at a P/E achieved in Trump 1.0. The bank could accumulate $200 billion of excess capital over three years. Shares are up 4.2% trading at $260.95, with a market cap of $724 billion. Wells Fargo rates stock overweight with a $300 price target.
Investors are optimistic about JPMorgan Chase & Co. potentially becoming the first bank to reach a $1 trillion market capitalization. Analysts believe it’s a realistic goal within three years, contingent on various factors like deregulation and economic growth. The bank’s strategic deployment of excess capital and stock performance will be key in achieving this milestone.
Read more at Yahoo Finance: Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years