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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.
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 Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars)
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Statista. (November 23, 2023). Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars)." Chart. November 23, 2023. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. (2023). Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista. "Monthly Market Capitalization of The Largest Global Banks since The Coronavirus Outbreak from December 2019 to October 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Nov 2023, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/
Statista, Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/ (last visited May 21, 2024)
Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars) [Graph], Statista, November 23, 2023. [Online]. Available: https://www.statista.com/statistics/1105159/market-cap-leading-global-banks-coronavirus/