JPMorgan Chase (JPM) - Cash on Hand (2024)

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JPMorgan Chase (JPM) - Cash on Hand? ›

Cash on Hand as of December 2022 : $567.23 B

JPMorgan Chase cash on hand for 2023 was $1440.91B, a 7.8% increase from 2022. JPMorgan Chase cash on hand for 2022 was $1336.625B, a 6.93% decline from 2021. JPMorgan Chase cash on hand for 2021 was $1436.107B, a 8.22% increase from 2020.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm with assets of $3.9 trillion and operations worldwide.

JPMorgan Chase annual free cash flow for 2023 was $12.974B, a 87.89% decline from 2022. JPMorgan Chase annual free cash flow for 2022 was $107.119B, a 37.18% increase from 2021. JPMorgan Chase annual free cash flow for 2021 was $78.084B, a 197.71% decline from 2020.

JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the Federal Reserve to boost interest rates, Dimon said Monday during a conference.

JPMorgan Chase has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors: 1. The debt burden that the company has as measured by its Interest Coverage (current year).

Banks tend to keep only enough cash in the vault to meet their anticipated transaction needs. Very small banks may only keep $50,000 or less on hand, while larger banks might keep as much as $200,000 or more available for transactions.

What Is the Richest Bank in America? JPMorgan Chase is the richest bank in the U.S., based on Federal Reserve data for consolidated assets.

How much debt does JPM have? ›

JPMorgan Chase Total Long Term Debt (Quarterly): 442.14B for March 31, 2024.

(NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.7 trillion in assets and $303 billion in stockholders' equity as of March 31, 2023.

Hence, even today, it is known as JPMorgan Chase. In December 2000, the combined Chase Manhattan completed the acquisition of J.P. Morgan & Co. in one of the largest banking mergers to date. The combined company was renamed JPMorgan Chase.

The largest shareholders of JPMorgan Chase are institutional investors: Vanguard Group, BlackRock, and State Street Corp. The largest individual shareholder is CEO Jamie Dimon.

How much is too much savings? Keeping too much of your money in savings could mean missing out on the chance to earn higher returns elsewhere. It's also important to keep FDIC limits in mind. Anything over $250,000 in savings may not be protected in the rare event that your bank fails.

Cash on Hand as of December 2022 : $567.23 B

According to JPMorgan Chase's latest financial reports the company has $567.23 B in cash and cash equivalents.

Key Takeaways: Chase is the largest bank in the country, holding over $3.38 trillion in assets. Bank of America is the second-largest bank with over $2.45 trillion in assets. Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.

(NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.7 trillion in assets and $303 billion in stockholders' equity as of March 31, 2023.

With US$3.9 trillion in total assets, JPMorgan Chase is the fifth-largest bank in the world by assets. The firm operates the largest investment bank in the world by revenue.

The "Big Four" are also among the top 10 banks in USA and among the largest banks by deposits in the world. JPMorgan Chase & Co.'s (NYSE:JPM) total deposits have fallen by 2.8% year-on-year to $2.068 trillion as of June 30, 2023.