What If You Invested $1,000 in JPMorgan in 2008?

Worth Today

$12,527.10

+$11,527.10 profit12.5x

Invested

$1,000.00

CAGR

14.4%

Time Period

18.7 years

Return

+1,153%

A $1,000 investment in JPMorgan at the start of 2008 would be worth approximately $12,527.10 today — a 12.5x return representing a 14.4% compound annual growth rate (CAGR) over 18.7 years.

Try your own numbers

If I had putintoat the start of…

it would be worth today

$12,527

+$11,527 profit12.5x14.4% a year

The same $1,000 in an S&P 500 index fund: $7,463

Its shares paid about $224.30 in dividends over the last 12 months.

Aftertax on the gain, you’d keep$10,798

US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.

Growth Over Time

Performance Metrics

Total Invested

$1,000.00

Current Value

$12,527.10

Total Profit

$11,527.10

Multiplier

12.5x

CAGR

14.4%

Max Drawdown

-50.5%

Inflation-Adjusted

$8,273.27

Benchmark Comparison

How does $1,000.00 invested in 2008 compare across different asset classes?

AssetValue TodayReturn
JPMorgan$12,527.1012.5x
S&P 500$7,462.647.46x
Gold$5,025.365.03x
Savings (2% APY)$1,449.491.45x

Dividends

Over the last 12 months, the 37.38 shares you'd own now paid about $224.30 in dividends (about $18.69 a month). That's 22% of the $1,000 put in.

Price growth alone turned $1,000 into $7,871; reinvested dividends added the other $4,656, 40% of the gain.

Dividends from Yahoo Finance. Shares today assume every dividend was reinvested.

Back in 2008

  • In March 2008, JPMorgan Chase agreed to acquire investment bank Bear Stearns in a stock-for-stock deal approved by both companies' boards. sec.gov
  • In 2008, a gallon of gas averaged $3.25, a movie ticket averaged $7.18 and the new iPhone 3G started at $199 with a two-year contract. eia.govapple.comvariety.com
  • During 2008 itself, JPMorgan fell 23%, #25 of the 65 investments we track. The best was Walmart (+24%); the worst was Lululemon (−83%). Full 2008 results →

$1,000 in JPMorgan, year by year

Of the 65 investments we track that were available at the start of 2008, JPMorgan ranks #24 by growth to today — just behind Starbucks and ahead of Lowe's. See the full 2008 ranking →

JPMorgan started 2008 9.4% below its start-of-2007 high, after falling 9.4% in 2007. It was worth less than the $1,000 put in at the start of 2009 and 2012, and has been above it since the start of 2013. Today's $12,527 is more than it was worth at any January since. It rose in 13 of the 18 full years since. It moved ahead of the same $1,000 in the S&P 500 at the start of 2013 and has stayed ahead since. Month by month, the deepest fall ran from Apr 2008 ($1,127) to Feb 2009 ($557.46), a drop of 51%. At its lowest month-end, in Feb 2009, it was worth $557.46.

WhenWorthChangeS&P 500
Start of 2008$1,000—$1,000
Start of 2009$773−23%$630
Start of 2010$1,062+37%$797
Start of 2011$1,085+2.1%$917
Start of 2012$890−18%$936
Start of 2013$1,178+32%$1,086
Start of 2014$1,578+34%$1,438
Start of 2015$1,739+10%$1,634
Start of 2016$1,819+4.6%$1,657
Start of 2017$2,550+40%$1,855
Start of 2018$3,228+27%$2,260
Start of 2019$3,037−5.9%$2,161
Start of 2020$4,450+47%$2,842
Start of 2021$4,114−7.6%$3,365
Start of 2022$5,418+32%$4,330
Start of 2023$4,670−14%$3,546
Start of 2024$6,125+31%$4,478
Start of 2025$8,747+43%$5,599
Start of 2026$11,997+37%$6,600
Today$12,527+4.4%$7,463

Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.

Historical Context

At the start of 2008, JPMorgan was priced at $26.75 (adjusted for later splits and dividends). $1,000 would have bought about 37.38 shares. JPMorgan Chase is the largest bank in the United States by assets.

Measured from one January to the next, JPMorgan's best year since then was 2019 (+47%) and its worst was 2008 (−23%). Holding on wasn't easy: between the start of 2008 and the start of 2009, the position fell 23% from its high.

Frequently Asked Questions

A $1,000 investment in JPMorgan at the start of 2008 would be worth approximately $12,527.10 today — a 12.5x return ($11,527.10 profit) over 18.7 years.

Methodology & Sources

Price data: Historical prices are the closing price on the first trading day of each year, adjusted for splits and dividends (so returns assume dividends were reinvested), from Yahoo Finance and MacroTrends. Current prices come from Yahoo Finance and refresh hourly; if that source is unavailable, the last saved price is used.

Calculation: Assumes a single purchase at the start of 2008 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.

Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2008 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.

Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.

Educational purposes only. Past performance does not guarantee future results. Not financial advice.

Other investments from 2008

See how every stock and crypto ranked since 2008 →

$1,000 in JPMorgan, by year

$1,000 in JPMorgan:1 year ago5 years ago10 years ago

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