JPMorgan Chase & Co. (NYSE:JPM): Current price $52.18
This might not be what Jamie Dimon wants to hear, but the analyst Christopher Mutascio at Stifel Financial Corp.’s KBW division wrote in a note on Friday that the number-one United States bank by assets would be worth 30 percent more if it were broken into its four business segments.
JPMorgan’s divisions, traditional banking, investment banking, asset management, and private equity are together worth $255.7 billion, said Mutascio. This compares with the lender’s $197-billion market capitalization as of Thursday’s close. The analyst acknowledged that the probability of breaking up JPMorgan is “quite low” and it “could potentially result in substantial upside for current shareholders if the segments were valued like similar companies.”