Reference no: EM133430084
Question 1. JP Morgan Chase bank
Go to the FDIC website: data.fdicgov, click on BHCs, then choose a bank holding company (JPMorgan Chase).
a. Find the financial statements (balance sheet and income statement) for JP MORGAN CHASE Bank Holding Company
b. Calculate the following ratios for the last 3 years (2020-2022):
ROE, ROA, profit margin, asset utilization, interest income/total assets, non-interest income/total assets, interest expense/total operating income, non-interest expense/total operating income, provision for loan losses/total operating income, securities/total assets, net loans/total assets, total deposit/total assets.
c. Discuss the Chase's financial performance (you can compare its performance with its competitors' performance).
2. What is fintech and how does it affect the traditional banking activities?