JPMorgan Poised to Join Trillion-Dollar Elite, Says Cramer

JPMorgan Chase shares ticked up in after-hours trading on Tuesday following an upgrade from CFRA and an endorsement from CNBC’s Jim Cramer, who suggested the bank could soon join the ranks of $1 trillion companies. Cramer praised the firm for its breadth of strengths—from lending and capital markets to trading—highlighting CEO Jamie Dimon’s leadership as a rare advantage in any industry.

Outside of the so-called “Magnificent Seven” tech giants and Berkshire Hathaway, no other U.S. company has surpassed the trillion-dollar mark. With a market capitalization of around $850 billion, JPMorgan sits well ahead of its banking rivals, with Bank of America trailing at roughly $375 billion. Cramer described JPMorgan as a stock that has been patient but is now accelerating, crediting the climb in valuation multiples as a major driver for banks’ recent momentum.

The lender also announced it will increase its quarterly dividend from $1.40 to $1.50 and noted its ongoing $50 billion share buyback program introduced in July, following a successful round of Federal Reserve stress testing.

JPMorgan’s stock has advanced about 29% so far this year. Despite early headwinds from tariffs, U.S. banks have managed to perform strongly, supported by efficiency gains, an optimistic outlook, and regulatory tailwinds.