The Top Five Shareholders of JPMorgan Chase UnveiledBY MASON CONNOR MAY 31, 2024FINANCE
NEWSRevealing the major shareholders of JPMorgan Chase and their stakes, and delving into the bank's emphasis on diversity and corporate responsibility.
JPMorgan Chase & Co. is a titan in global financial services, offering extensive services and products including consumer and commercial banking, credit services, financial asset management, insurance products, and investment banking. Catering to a diverse set of clients from individuals to governments, the financial giant reported revenue of $158.1 billion and a net income of $49.6 billion in 2023. As of May 2024,
JPMorgan Chase's top shareholders are Vanguard Group Inc., BlackRock Inc., State Street Corp., Eaton Vance Management, and Geode Capital Management LLC. JPMorgan Chase claims a market capitalization of $576.37 billion as of May 25, 2024. Institutional investors make up the bulk of JPMorgan Chase's shareholders, holding 73.56% of total shares outstanding as of May 24, 2024. Vanguard Group, primarily a mutual fund and ETF management company with $8.6 trillion in AUM at the end of 2023, owns about 9.4% of JPMorgan Chase's total shares. BlackRock, a prominent financial services company, owns about 5.4% of total shares. State Street and Geode Capital Management own approximately 4.4% and 1.98% of total shares respectively. Eaton Vance Management, an investment and wealth management solutions firm boasting over $63 billion under management, holds more than 2.3% of JPMorgan's shares.Apart from its financial performance and leading shareholders, JPMorgan Chase is also appreciated for its steadfast commitment to diversity, inclusion, and corporate responsibility. The company provides data on the diversity of its board of directors, C-suite, general management, employees, and displays its adherence to social responsibility across many market
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affiliates.. One big one is BLACKROCK…
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