JPMorgan Chase & Company has shown great strength through the last few months.? One of the biggest and best credit card companies out there is up over 120% since the March 2009 lows and has held strong through much of the financial crisis unlike their competitors Bank of America and CitiGroup.? While the two financial giants were falling to the single digits on the stock market, JPMorgan Chase continued using their strong business model and stayed well above $18 a share.

Has the strength of JPMorgan Chase’s credit card company been the reason for this strength?? Well, that is debatable but it sure seems to be part of it.? JPMorgan has traditionally been a financial power and Chase has always been one of the premier credit card companies and they are proving that the creme does rise to the top.

CitiGroup and Bank of America have definitely seen bigger gains since the March 2009 lows but they also saw a much larger decline through the credit crisis.? From October 2008 through March of 2009 BAC saw losses of 81% while C saw losses of 87%.? During this steep decline, JPM only lost a mere 47%.? Obviously this explains the larger returns since this bottom from Bank of America and CitiGroup.

Overall, since October of 2008, JPM has lost 1.17% while Bank of America has lost 44% and CitiGroup has lost 71%.? There is very little doubt that JPMorgan Chase has proved to be a much better financial institution over the entire credit crisis.? I am going to ask you as readers, who do you think is the best financial company out there?? If you had to get go into a bank and get a credit card or a loan, which one would you choose?

Author: Jesse Wojdylo