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.
Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to February 2022
(in billion U.S. dollars)
These banks are the largest banks globally in terms of assets.
China Development Bank was the fifth largest bank in terms of assets globally as of February 2020, but no market cap figures were available, so not included.
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Statista. (March 23, 2022). Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to February 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 20, 2022, from https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to February 2022 (in billion U.S. dollars)." Chart. March 23, 2022. Statista. Accessed May 20, 2022. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. (2022). Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to February 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 20, 2022. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly Market Capitalization of The Largest Global Banks during The Coronavirus Outbreak from December 2019 to February 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Mar 2022, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista, Monthly market capitalization of the largest global banks during the coronavirus outbreak from December 2019 to February 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/ (last visited May 20, 2022)
