# Reading a bank

Informational only - not investment advice.

Book: [Reading Financial Data - Step by Step](/guide/)
Chapter: [Reading different kinds of companies](/guide/company-types/)
As of: 2026-02-13

A bank's financial statements use the same page layout but different business economics.

## Concept

For a bank, revenue is interest and fee income, not store sales. Assets are large because loans and securities are assets.

## Worked Example: Read JPM as a bank

1. JPM latest reported revenue was $182.4 billion for fiscal 2025.
2. JPM assets were $4,424.9 billion, and ROA was 1.29%.
3. JPM liabilities / equity was 11.21.
4. Capex and current ratio may be absent for banks because those standardized tags are often not the useful way their filings are structured.
5. This is why cross-industry comparisons need the company type beside the number.

## See it live

- [JPM company page](/company/JPM/)

## Sources

- [JPM SEC companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000019617.json)
- [JPM latest 10-K source](https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm)