What Is JPMorgan Chase's Most Profitable Segment?
As a general rule, JPMorgan Chase (NYSE: JPM) generates enviable profitability, especially given the fact that it's so big. But not all of the New York-based bank's business units are equally profitable. In fact, you might be surprised to find out which one stands out from the rest.
Profitability at a bank like JPMorgan Chase tends to be measured by one of two metrics. The first is return on assets, which is calculated by dividing a bank's net income by its total assets. This shows a bank's unleveraged profitability.
The Chase building in Indianapolis, Indiana. Image source: Getty Images.
Source: Fool.com
JPMorgan Chase & Co. Stock
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