Jpmorgan Chase & Stock Earnings Reports

JPMorgan Chase delivered a very strong Q2 2026: net income $16.9B, EPS $6.14 and ROTCE 23%. Revenue (ex-significant items) rose ~15% YoY driven by markets, higher asset management fees, stronger investment banking and growth in deposits and loans. Net interest income guidance was raised: NII ex-Markets to ~$96.5B and total NII to ~$105.5B (with markets NII ~ $9B). Expenses were increased to an adjusted ~$107.5B, primarily from volume- and revenue-related spending tied to elevated activity; the firm booked higher front-office hiring and labor inflation. Credit performance remains healthy (card net charge-off rate now expected ~3.2%); loan losses and reserve builds were manageable. Capital: standardized CET1 ended the quarter at 14.1% (down 20 bps q/q due to higher RWA and capital distributions). The board intends to raise the quarterly dividend to $1.65 per share effective Q3. Business highlights: consumer (CCB) growth in deposits and spending resilience; CIB delivered very strong results (IB fees +30% YoY; equities revenue up ~86%); AWM saw strong inflows and AUM growth. Management reiterated disciplined risk/capital posture, continued investments in branches, bankers and AI, and intent to deploy excess capital organically (targeting ~17% returns on deployed capital) while remaining open to M&A. Succession planning: board elevated two co-presidents to prepare them for greater responsibility; CEO Jamie Dimon said the previously communicated timetable for succession is unchanged.