Is JPMorgan Chase Stock a Buy, Hold or Sell After Earnings?
JPMorgan Chase is trading higher after the big bank topped fourth-quarter earnings expectations, but is the stock a Buy? Here's what you need to know.


JPMorgan Chase (JPM) stock is higher out of the gate Wednesday after the world's largest bank kicked off fourth-quarter earnings season with a bang, beating top- and bottom-line expectations.
In the three months ending December 31, JPMorgan said its revenue increased 9.5% year over year to $43.7 billion, boosted by 17.5% growth in its Commercial & Investment Bank segment to $17.6 billion. Its earnings per share (EPS) rose 58.2% from the year-ago period to $4.81.
The results beat analysts' expectations. Wall Street was anticipating revenue of $41.7 billion and earnings of $4.11 per share, according to CNBC.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
"The Firm concluded the year with a strong fourth quarter, generating net income of $14.0 billion. Each line of business posted solid results," said JPMorgan CEO Jamie Dimon in a statement. "In Consumer and Community Banking (CCB), we continued to acquire new customers across Consumer Banking, Business Banking, Card, and wealth management. For example, nearly 2 million net new checking accounts were opened during 2024."
JPMorgan ended the quarter with $4 trillion in assets under management and a book value per share of $116.07, representing year-over-year increases of 18% and 11%, respectively.
For fiscal 2025, JPMorgan said it expects to achieve net interest income of approximately $94 billion, an increase of about 1.5% from $92.6 billion in fiscal 2024.
"This was a very good print for the stock, especially as many investors were worried that JPM would be a funding mechanism to chase some of the lower-quality banks out there," wrote David Wagner, portfolio manager at Aptus Capital Advisors, in emailed commentary. "We were most impressed with the company's big revenue beat, and importantly, net interest income was quite strong."
Is JPMorgan stock a buy, sell or hold?
JPMorgan Chase has done well on the price charts over the past 12 months, up 50% on a total return basis (price change plus dividends) vs the S&P 500's 24% gain. Unsurprisingly, Wall Street is bullish on the Dow Jones stock.
According to S&P Global Market Intelligence, the consensus recommendation among the 23 analysts following the financial stock that it tracks is a Buy.
CFRA Research analyst Kenneth Leon is one of those with a Buy rating on the large-cap stock. ""JPM is gaining wallet share across many different core businesses," including investment banking and mergers and acquisitions (M&A), Leon says. "We also see midsize companies looking to shift loans and other services to larger banks like JPMorgan."
Meanwhile, analysts' price targets have had a hard time keeping up with JPM's run higher. The average analyst price target of $254.53 represents implied upside of roughly 2% to current levels. Analysts may revise their price targets higher following the strong quarter.
Related Content
- The Best Bank ETFs to Buy
- Earnings Calendar and Analysis for This Week
- Analysts' Top S&P 500 Stocks to Buy Now
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
Donating Complex Assets Doesn't Have to Be Complicated
If you're looking to donate less-conventional assets but don't know where to start, this charity executive has answers, such as considering a donor-advised fund (DAF) for its tax benefits and ease of use.
-
Travel Trends You Can Expect This Summer
The Kiplinger Letter Domestic trips will trump foreign travel amid economic uncertainties, though some costs are down.
-
Donating Complex Assets Doesn't Have to Be Complicated
If you're looking to donate less-conventional assets but don't know where to start, this charity executive has answers, such as considering a donor-advised fund (DAF) for its tax benefits and ease of use.
-
What's Next for Stocks After a Chaotic Spring
A chaotic tariff policy buffets investors looking for clarity on the economy and inflation.
-
Think a Repeal of the Estate Tax Wouldn't Affect You? Wrong
The wording of any law that repeals or otherwise changes the federal estate tax could have an impact on all of us. Here's what you need to know, courtesy of an estate planning and tax attorney.
-
In Your 50s? We Need to Talk About Long-Term Care
Many people don't like thinking about long-term care, but most people will need it. This financial professional recommends planning for these costs as early as possible to avoid stress later.
-
Where to Invest in an Uncertain Market
In an uncertain market, you can still pocket juicy payouts ranging from 4% to 14%, depending on risk.
-
My First $1 Million: Events Industry CEO, 65, Northern New Jersey
Ever wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
Social Security Pop Quiz: Are You Among the 89% of Americans Who'd Fail?
Shockingly few people have any clue what their Social Security benefits could be. This financial adviser notes it's essential to understand that info and when it might be best to access your benefits.
-
Stock Market Today: Investors Look on the Bright Side
A generally good week closes on another positive note, as investors, traders and speculators look for fresh catalysts.