The $5B lawsuit filed Thursday by President Donald Trump against JPMorgan Chase (JPM) and CEO Jamie Dimon represents roughly 10 days of the bank’s revenue, according to a financial analysis.
Trump alleges the nation’s largest bank terminated his accounts for political reasons, seeking damages that amount to approximately 7.1 days of JPM’s average daily revenue based on the bank’s massive financial output.
JPMorgan Chase (JPM) generates approximately $507M in revenue every day, calculated from an annual net revenue of roughly $185B for 2025, according to the bank’s full-year financial results.
The institution’s operational scale is staggering – J.P. Morgan Payments processes over $10T globally in payments each day. This daily revenue figure represents an increase from 2024, when the bank generated approximately $493M per day based on total annual net revenue of roughly $180.6B.
The suit, filed in Miami-Dade County state court, alleges JPMorgan (JPM) committed trade libel and breached its implied duty of good faith and fair dealing, Fox Business reported. Trump also alleged that Dimon ran afoul of Florida’s Unfair and Deceptive Trade Practices Act.
JPMorgan denies the claims, stating accounts are not closed based on political beliefs, and the bank has indicated it will fight the suit in court.
The lawsuit comes amid a broader context. The bank said in November it faces investigations linked to Trump’s order targeting lenders accused of restricting access for political or ideological reasons, according to media reports.