No material news briefings were provided for JPMorgan Chase & Co. (JPM) in connection with this report. The report was triggered by recent insider selling activity and notable changes in institutional positioning, both of which are detailed in the sections below [Brief - 2026-05-24].
JPMorgan Chase's most recently available fundamentals reflect a trailing twelve-month revenue of $182.4 billion and net income of $58.9 billion, representing a net margin of 32.3%. Revenue grew 4.9% year-over-year, while earnings per share rose 17.2% over the same period. The company reported cash holdings of $312.1 billion against total debt of $338.0 billion. The price-to-earnings ratio stood at 14.33, with a market capitalisation of approximately $807.0 billion. Gross and operating margin figures were not separately disclosed in the filing [SEC 10-Q - JPM - 2014-09-30].
Insider activity over the past 30 days comprised 10 transactions with a net directional bias toward selling, totalling a net disposal value of approximately $11.9 million [SEC Form 4 - JPM - 2026-06]. On the institutional side, Millennium reduced its JPM position by 11%, while AQR Capital added 16% to its existing position. Soros Fund Management substantially increased its position during the same reporting period [SEC 13F - Millennium - Q1 2026; SEC 13F - AQR Capital - Q1 2026; SEC 13F - Soros Fund Mgmt - Q1 2026].
The 10-year US Treasury yield stood at 4.45% and the 2-year yield at 3.99%, producing a normal yield curve with a spread of 46 basis points [FRED DGS10; FRED DGS2]. This configuration reflects a positive term premium across the curve as of the report generation date.