Market cap of largest banks globally since coronavirus outbreak 2023
The market capitalization of JPMorgan Chase fell from 437.2 billion U.S. dollars in December 2019 to 274.3 billion U.S. dollars in March 2020 as a result of the coronavirus (COVID-19) outbreak. The pandemic had a significant impact on the global financial markets, and the market capitalization of the largest global banks took a hit. It was not until around one year later, in February 2021 or later, that the market capitalization of most banks returned to pre-pandemic levels.
