JPM vs MUFG vs HSBC Stock Comparison

Jpmorgan Chase, Mitsubishi Ufj Financial and Hsbc Holdings Prices as of Oct 27, 2026 Peers: Industry group
JPM Jpmorgan Chase & Co
$335.78 -2.1% 1M +10.4% 1Y
Market cap
$913.26B
P/E
14.1x
Revenue (TTM)
$203.15B
Div. yield
–
Money Center Banks Financial Services
2 wins
HSBC Hsbc Holdings Plc
$86.01 -14.8% 1M +28.0% 1Y
Market cap
$299.57B
P/E
11.3x
Revenue (TTM)
$55.16B
Div. yield
–
Money Center Banks Financial Services
5 wins

Head to Head

9 decided of 12

Hsbc Holdings leads on 5 of the 12 questions below (Hsbc Holdings 5, Jpmorgan Chase 2, Mitsubishi Ufj Financial 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJPMMUFGHSBCLeader
Larger companyMarket capitalisation $913.26B $243.81B $299.57B JPM
Cheaper on earningsLower P/E, profitable companies only 14.1x 16.2x 11.3x HSBC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.9x 12.6x 9.5x HSBC
Faster revenue growthRevenue growth, trailing twelve months +13.2% -12.0% +1,900.0% HSBC
More profitableNet margin, trailing twelve months — 47.7% 47.9% HSBC
Better return on capitalReturn on invested capital — 3.6% — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +10.4% +44.2% +28.0% MUFG
Better 5-year returnAnnualised price return, 5 years +14.5%/yr +31.0%/yr +23.1%/yr MUFG
Less volatileAnnualised volatility, 1 year 22.1% 26.3% 28.3% JPM
Higher overall scoreMean of the five percentile scores vs peers 34/100 37/100 65/100 HSBC

Percentile Scorecard

JPMMUFGHSBC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJPMMUFGHSBC
Valuation 8 #331 of 360 20 #287 of 360 13 #313 of 360
Growth 72 #55 of 191 82 #36 of 191 70 #58 of 191
Profitability – 61 #66 of 168 86 #25 of 168
Financial Health – 6 #164 of 175 –
Shareholder Returns 22 #267 of 341 16 #287 of 341 90 #34 of 341
Overall 34 37 65
  • JPM ranked among 368 companies in Banking
  • MUFG ranked among 368 companies in Banking
  • HSBC ranked among 368 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJPMMUFGHSBCSPY
1 month -2.1%-8.5%-14.8% -0.2%
3 months -6.0%-4.2%-17.0% +3.9%
6 months +7.8%+22.5%-4.4% +8.2%
Year to date +4.2%+35.5%+9.3% +12.9%
1 year +10.4%+44.2%+28.0% +12.3%
3 years +147.5%+160.8%+134.3% +87.4%
3 years, per year +35.3%+37.7%+32.8% +23.3%
5 years +97.1%+285.1%+182.8% +67.9%
5 years, per year +14.5%+31.0%+23.1% +10.9%
10 years +385.0%+318.1%+126.2% +261.1%
10 years, per year +17.1%+15.4%+8.5% +13.7%

Risk

MeasureJPMMUFGHSBCSPY
Volatility, 1Y 22.1%26.3%28.3% 12.7%
Downside volatility, 1Y 23.8%26.7%28.1% 12.7%
Beta vs S&P 500, 1Y 0.730.921.26 1.00
Return / volatility, 1Y 0.471.680.99 0.97
Max drawdown, 5Y -40.2%-35.6%-34.6% -25.4%
From 52-week high -8.1%-11.0%-20.3% -1.2%
52-week high $365.23$24.14$107.85 $779.14
52-week low $282.84$14.88$67.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJPMMUFGHSBC
P/E now vs peer median 13.9xmedian 12.1x 16.2xmedian 12.1x 11.3xmedian 12.1x
P/S now vs peer median 4.4xmedian 3.4x 8.1xmedian 3.4x 5.4xmedian 3.4x
EV/EBITDA now vs peer median —median 5.0x —median 5.0x —median 5.0x
P/FCF now vs peer median -5.5xmedian 10.9x —median 10.9x —median 10.9x
P/B now vs peer median 2.4xmedian 1.2x 2.4xmedian 1.2x 1.5xmedian 1.2x
PEG now vs peer median 1.11median 1.34 0.27median 1.34 3.03median 1.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJPMMUFGHSBC
Revenue $203.15B $31.62B $55.16B
Gross profit – $29.85B –
Operating income – $18.02B $33.06B
Net income – $13.97B $28.08B
EPS (diluted) $24.09 $1.32 $7.53
Cash & equivalents – – $222.46B
Total debt – $494.43B –
Shares (diluted) 2.69B 11.40B 3.51B
Enterprise value $913.26B -$97.58B -$1.80T

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJPMMUFGHSBC
P/E 13.9x 16.2x 11.3x
P/FCF -5.5x – –
P/Operating cash flow – – –
P/S 4.4x 8.1x 5.4x
P/B 2.4x 2.4x 1.5x
P/Tangible book 2.4x 2.4x 1.5x
EV/EBITDA – – –
EV/EBIT – 5.5x -16.4x
EV/Revenue 4.4x 3.1x -9.8x
EV/FCF – – –
EV/Operating cash flow – – –
PEG (3Y EPS CAGR) 1.11 0.27 3.03

Growth

14 metrics
MetricJPMMUFGHSBC
Revenue growth (1Y) 13.2% -12.0% 1,900%
Revenue CAGR (3Y) 9.7% -2.4% -4.3%
Gross profit growth (1Y) – 38.8% –
Gross profit CAGR (3Y) – 7.6% –
Operating income growth (1Y) – 24.8% 40.9%
Operating income CAGR (3Y) – 12.7% 1.6%
Net income growth (1Y) – 62.6% 51.5%
Net income CAGR (3Y) – 32.4% -1.1%
EPS growth (1Y) 17.7% 104.8% 68.0%
EPS CAGR (3Y) 12.6% 59.4% 3.7%
Operating cash flow growth (1Y) – – –
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) – – –
Free cash flow CAGR (3Y) – – –

Profitability

14 metrics
MetricJPMMUFGHSBC
Gross margin – 94.4% –
EBITDA margin – – –
Operating margin – 57.0% 59.9%
Pretax margin – 59.6% 65.2%
Net margin – 47.7% 47.9%
FCF margin – – –
Operating cash flow margin – – –
Return on equity – 11.7% 14.3%
Return on assets – 0.5% 0.8%
Return on invested capital – 3.6% –
Return on capital employed – – –
Asset turnover 0.0x 0.0x 0.0x
Cash conversion (OCF / net income) – – –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricJPMMUFGHSBC
Debt / assets – 4.7% –
Debt / equity – 1.2x –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 92.7% 96.0% 94.3%
Equity / assets 7.3% 4.0% 5.7%
Interest coverage – 0.6x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricJPMMUFGHSBC
Dividend yield 1.8% 1.4% 4.4%
Net buyback yield – – –
Shareholder yield 1.8% 1.4% 4.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJPMMUFGHSBC
Forward P/E 13.9xFY2026 12.6xFY2026 9.5xFY2026
EPS, next fiscal year $24.14FY2026 $1.71FY2026 $9.02FY2026
EPS growth, next FY +20.6%FY2026 +27.6%FY2026 +19.5%FY2026
EPS growth, the year after +2.7% +0.6% +9.1%
Revenue, next fiscal year $213.87BFY2026 $44.38BFY2026 $70.05BFY2026
Revenue growth, next FY +17.2%FY2026 +18.6%FY2026 -1.3%FY2026
Revenue growth, the year after -2.4% +4.0% +18.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJPMMUFGHSBC
Held by institutions 73.0% 3.0% 2.5%
Institutions holding 5,083 574 707
Change in shares held, QoQ +1.1% -0.1% -0.3%
Institutions buying 2,487 324 402
Institutions selling 2,061 160 180
Buyers to sellers 1.21 2.03 2.23

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JPMMUFGHSBC
JPM 1.00 0.43 0.46
MUFG 0.43 1.00 0.48
HSBC 0.46 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JPM, MUFG and HSBC?

Jpmorgan Chase (JPM) is the largest by market capitalisation: Jpmorgan Chase (JPM) $913.26B, Mitsubishi Ufj Financial (MUFG) $243.81B, Hsbc Holdings (HSBC) $299.57B.

Which stock is cheaper, JPM, MUFG and HSBC?

Hsbc Holdings (HSBC) trades on the lowest price-to-earnings ratio (Jpmorgan Chase (JPM) 14.1x, Mitsubishi Ufj Financial (MUFG) 16.2x, Hsbc Holdings (HSBC) 11.3x). On next year's consensus earnings, Hsbc Holdings (HSBC) is cheapest (Jpmorgan Chase (JPM) 13.9x, Mitsubishi Ufj Financial (MUFG) 12.6x, Hsbc Holdings (HSBC) 9.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hsbc Holdings (HSBC) grew revenue fastest over the trailing twelve months: Jpmorgan Chase (JPM) +13.2%, Mitsubishi Ufj Financial (MUFG) -12.0%, Hsbc Holdings (HSBC) +1,900.0%.

Which company is more profitable?

Hsbc Holdings (HSBC) has the highest net margin (Mitsubishi Ufj Financial (MUFG) 47.7%, Hsbc Holdings (HSBC) 47.9%).

Which stock has performed better?

Over the past year Mitsubishi Ufj Financial (MUFG) returned the most: Jpmorgan Chase (JPM) +10.4%, Mitsubishi Ufj Financial (MUFG) +44.2%, Hsbc Holdings (HSBC) +28.0%. Over five years, Mitsubishi Ufj Financial (MUFG) compounded fastest (Jpmorgan Chase (JPM) +14.5%/yr, Mitsubishi Ufj Financial (MUFG) +31.0%/yr, Hsbc Holdings (HSBC) +23.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Jpmorgan Chase (JPM) has been the steadiest (Jpmorgan Chase (JPM) 22.1%, Mitsubishi Ufj Financial (MUFG) 26.3%, Hsbc Holdings (HSBC) 28.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JPM, MUFG and HSBC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hsbc Holdings (HSBC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.