JPMorgan Chase Is One of the Largest Financial Companies by Market Cap. But Is It a Buy?
America's largest bank has been a moneymaker for its shareholders, with annualized returns exceeding 25% during the past five years.
Sometimes, it feels like bank stocks carry a stigma.
Perhaps it's the persona of the extremely wealthy, the "suits" as some on social media might call them, that some associate with big banks. Maybe it's a result of the political backlash from the financial aid some banks received during the 2007-2009 financial crisis. Or, it could be that banks are complicated businesses that even professional analysts can struggle to sift through.
The Motley Fool dove into the financial sector and reported on the world's largest financial companies by market cap. JPMorgan Chase (NYSE: JPM) checked in at No. 2, after Berkshire Hathaway. America's largest bank has delivered strong returns for shareholders, with annualized investment returns exceeding 25% during the past five years.
