JPMorgan Chase’s market capitalization reached approximately $937 billion in late July 2026, surpassing the combined valuation of Bank of America, Citigroup, and Wells Fargo. This performance was driven by record net income of $21.2 billion in Q2 2026, the highest quarterly profit ever reported by a U.S. bank. The combined market cap of the three rivals stood at approximately $918 billion, nearly $20 billion less than JPMorgan alone. The gap has widened since the bank first exceeded this combined total in the first half of 2025. Jamie Dimon has led JPMorgan since 2005.
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