JPMorgan just crushed every expectation: with a staggering $30 billion in first-half 2025 profit and a market value nearing $800 billion, it’s now worth more than Bank of America ($352 B), Citigroup ($173 B), and Wells Fargo ($260 B) – combined.

What’s fueling this dominance? Strategic moves like absorbing First Republic Bank, surging investment banking revenue, and sustained trading strength have put JPMorgan out in front . Even as rivals recover—Wells Fargo’s asset cap was just lifted, Citi is executing a tech overhaul, and BofA deals with legacy bonds—JPM is running the table.

But CEO Jamie Dimon is far from popping corks. He’s sounding alarms about fintech challengers, policy risks, and elevated valuations. So yes, JPMorgan is top dog right now—but the real question is: can it stay there?