Some people will say Jamie Dimon is worth every dollar and more. His continued stewardship is worth billions in shareholder value. In any event the bank has a recognized bench strength in its executive ranks.
Customers are still flocking to JP Morgan. The brand still has a strong blue chip quality about it. JP Morgan was not badly tarnished in the financial crisis. Everyone realizes the fines are because of problems that came with acquisitions.
JP Morgan is achieving profitability despite lots of head winds. When they fire up more cylinders they will do much better.
Most banks do well in rising interest rate environments.
George Gutowski writes from a caveat emptor perspective.