Companies/Financials/Banking, capital markets and asset management

JPMorgan Chase

JPM · NYSEEarnings Jan 14270 Park Avenue, New York, New York, USA318.5K employeesWebsite ↗
334.64▼ 0.17%Pooled price · full market data →

What matters nowUpdated 4 h ago

  • JPMorgan reported third-quarter 2026 net income of $15.3 billion and diluted EPS of $5.57, up 10% from $5.07 a year earlier, with Markets revenue up 15% to $10.3 billion and managed net interest income up 13% to $27.1 billion 1. Return on tangible common equity was 20% and the estimated standardized CET1 ratio was 13.9%, while noninterest expense was $27.3 billion 1.
  • The results were filed as a Form 8-K on Oct 13, 2026 2. JPM traded at 336.2 on the pooled 24/7 venue price, up 0.29% from the previous close of 335.22.
  • The board declared a quarterly common dividend of $1.65 per share on Sep 15, 2026, up 10% from $1.50, alongside a new $50 billion share repurchase authorization. Holders of record on Oct 6 receive the payment on Oct 31 3.
  • Recent sharp moves were a 3.12% fall on Sep 22, 2026, a 3.30% fall on Jul 29, 2026 and a 3.54% rise on Jun 16, 2026.
  • On FY2025 figures, revenue was $182.4 billion, net income $57.0 billion and the net margin 31.3%, with revenue up 2.8% year over year. At the Dec 31, 2025 reference date the market cap was $906.5 billion and the P/E 16.8. No insider buys or sells were recorded in the last 180 days.
  • Next, the September CPI release is due Oct 14, 2026 and Q4 2026 earnings are confirmed for Jan 14, 2027. Polymarket puts a market cap of $1 trillion or more at 8.5% by Oct 31 and 17% by Dec 31, and gives 81.5% to no change in Fed rates after the October 2026 meeting.
[1]
JPMorgan third-quarter 2026 net income $15.3 billion, EPS $5.57, Markets revenue up 15%
SEC Form 8-K, Exhibit 99.1 (3Q26 earnings release) · Oct 13
[2]
JPMorgan Chase files 8-K: Results of Operations (Item 2.02)
SEC EDGAR · Oct 13
[3]
JPMorgan board declares $1.65 quarterly dividend, up 10% from $1.50
JPMorganChase investor relations press release · Sep 15

JPMorgan Chase is the largest US bank by assets, a financial holding company incorporated in Delaware in 1968. It runs four reportable segments: Consumer & Community Banking, Commercial & Investment Bank (Markets, Banking and Payments, and Investment Banking), Asset & Wealth Management, and Corporate. In FY2025 it reported $182.4 billion of net revenue and $57.0 billion of net income. Traders follow the stock through net interest income, trading and investment banking fees, card credit, and the capital return and regulatory capital rules that set how much it can buy back.

How it makes money

JPMorgan earns most of its revenue from net interest income on loans and deposits, plus fees from card products, payments, underwriting and advisory, trading, and asset and wealth management fees on about $4.8 trillion of client assets under management. The Commercial & Investment Bank and Consumer & Community Banking together produced about 83 percent of FY2025 managed revenue. Its results are sensitive to interest rates, trading volumes, deal activity and credit losses, and it returns capital through dividends and buybacks subject to Federal Reserve stress tests.

Last 12 monthsChart & venues →

298.43330.94363.44JPMorgan posts record $21.2 billion Q2 profit, helped by a $4.6 billion Visa-related gain1JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents; Marianne Lake to retire2JPMorgan plans dividend increase to $1.65 and authorizes $50 billion buyback3Fed stress test: all 32 banks stay above minimums; large-bank capital requirements unchanged4May 17Jun 23Jul 30Sep 5Oct 12
Numbered dots: the stories that mattered. Click one.

Valuation & fundamentalsFull financials →

Market cap$902.26Bpooled price × shares
Enterprise value$902.26B+ net debt —
P/E (TTM)16.7×EPS $20.02
EV / EBITDA—EBITDA —
P / Sales4.9×EV/Sales 4.9×
P / Book2.5×equity $362.44B
FCF yield—FCF —
Shareholder yield5.2%div 1.73% · buyback 3.5%
Revenue (TTM)$182.45B2.8% YoY
Last quarter revenue—growth YoY
EPS growth (TTM)1.4%last Q —
Gross margin—operating —
Net margin31.3%EBITDA —
ROE16.1%on average equity
Cash—debt —
Shares out2.70Bdiluted 2.78B

TTM through 2025-12-31 from SEC filings. Ratios use our pooled 24/7 price. Quarterly statements →

Biggest businessesAll products & projects →

launchedproduct line

Consumer & Community Banking

Largest US consumer franchise; the Apple Card transfer will add over $20 billion of balances once it closes.

Managed net revenue · FY2025
$76.0B +6% vs FY2024
Return on equity · FY2025
32%
Managed net revenue · 3Q26
$21.2B
launchedproduct line

Markets

Trading revenue grew 19% in FY2025, with equities up 33% and fixed income up 12%.

Markets revenue growth · FY2025
+19%
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Banking & Payments

Treasury services, commercial lending and payments for corporate and commercial clients, up 5% in FY2025.

Banking & Payments revenue · FY2025
$37.1B +5% vs FY2024
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Investment Banking

Advisory and underwriting fees rose 13% year over year in 3Q26, pointing to a busier deal market.

Investment banking fees · 3Q26
$2.96B +13% vs 3Q25
Investment banking fees (reported) · FY2025
$9.7B +7% vs FY2024

Latest newsAll news →

JPMorgan third-quarter 2026 net income $15.3 billion, EPS $5.57, Markets revenue up 15%

JPMorgan reported third-quarter 2026 net income of $15.3 billion and diluted EPS of $5.57, up 10% from $5.07 a year earlier.

Earnings

JPMorgan board declares $1.65 quarterly dividend, up 10% from $1.50

On September 15, 2026, JPMorgan's board declared a quarterly common dividend of $1.65 per share, up from $1.50.

Capital

JPMorgan posts record $21.2 billion Q2 profit, helped by a $4.6 billion Visa-related gain

JPMorgan reported second-quarter 2026 net income of $21.2 billion, or $7.70 per diluted share, a record for the bank.

Earnings

JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents; Marianne Lake to retire

JPMorganChase named Doug Petno and Troy Rohrbaugh co-presidents, effective immediately.

Management

JPMorgan plans to double Community Centers and Community Managers, targeting 5 million people

JPMorganChase plans to hire more than 150 Community Managers, roughly doubling the 160 in place, and to double its 19 Community Centers.

News

JPMorgan plans dividend increase to $1.65 and authorizes $50 billion buyback

JPMorganChase's board intends to raise the quarterly common dividend to $1.65 a share from $1.50 for the third quarter of 2026, subject to later board declaration.

Capital