Big money mood... How JPMorgan Chase is feeling after its biggest year of profit, ever (and best year of any bank in US history, nbd). While you racked up travel points with Chase Sapphire Reserve, JPMorgan pulled in $36B in profits for 2019 (a 12% increase from 2018) — that 1-year profit is more than twice Lyft's entire company valuation, aka Lyft's market capitalization.
More than half of Americans are customers... of JPM's retail bank, Chase. Here's how it got so intimate with so many US wallets:
JPM's success reflects Wall Street and Main Street... JPM's stock has risen thanks to the kumbaya good times on stock markets and the broader economy right now. Here's what its record profit screams: