In a presentation to investors Feb. 28, JPMorgan's Smith pointed to metrics including revenue margin and compound annual growth rate to argue JPMorgan's credit card business is beating rivals, including American Express.
10 Top Warren Buffett Dividend Stocks
Looking at the affluent and high net worth segment, however, it is more difficult to see clear improvement for JPMorgan. Return on equity in that segment went from 23% in 2009 to 4% in 2010 to 16% last year.
-- Written by Dan Freed in New York.
Follow me on Twitter