How do the CEOs of America's biggest banks stack up in terms of total shareholder returns?
I answer that question in the slideshow below, which ranks the six Wall Street megabanks -- JPMorgan Chase (JPM 0.06%), Bank of America (BAC -0.21%), Citigroup (C 1.41%), Wells Fargo (WFC -0.03%), Goldman Sachs (GS 1.79%), and Morgan Stanley (MS 0.29%) -- based on the performance of their shares since their current CEOs took over.
Based on this measure, JPMorgan Chase's Jamie Dimon takes the cake, with a total return of 219.5% since the beginning of 2006. This is a testament to Dimon's shrewd risk management in the lead-up to the crisis. It's a testament as well to his longevity, as Dimon has served as CEO longer than his counterparts, with Goldman Sachs' Lloyd Blankfein and Wells Fargo's John Stumpf coming in second and third in terms of the length of their respective tenures.
To see how the CEOs of the other major banks performed, simply scroll through the brief slideshow below -- a table with the pertinent data follows the slideshow.
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|
Bank |
CEO |
Month Promoted to CEO |
Total Shareholder Return |
|---|---|---|---|
|
JPMorgan Chase |
Jamie Dimon |
1/1/2006 |
219.5% |
|
Wells Fargo |
John Stumpf |
6/27/2007 |
197.3% |
|
Citigroup |
Michael Corbat |
10/17/2012 |
150.2% |
|
Goldman Sachs |
Lloyd Blankfein |
6/15/2006 |
147.1% |
|
Morgan Stanley |
James Gorman |
1/1/2010 |
140.6% |
|
Bank of America |
Brian Moynihan |
1/1/2010 |
122.1% |
Data sources: Yahoo! Finance and press releases from JPMorgan Chase, Wells Fargo, Citigroup, Goldman Sachs, Morgan Stanley, and Bank of America.
