JPMorgan Chase & Co. Q2 2026 Earnings Recap

JPMorgan Chase shares rose 3.7% as revenue and earnings outpaced expectations, driven primarily by strong markets and investment banking performance alongside robust asset and wealth management inflows.

Key Takeaways

• Net income was $16.9 billion with EPS of $6.14 and ROTCE of 23%.
• Revenue increased 15% year-over-year, led by a 27% rise in Corporate & Investment Bank (CIB) revenue, particularly from equity underwriting and trading.
• Consumer & Community Banking (CCB) revenue rose 8%, supported by higher card net interest income and deposit growth.
• Asset & Wealth Management reported 19% revenue growth, fueled by $50 billion in long-term net inflows and rising market valuations.
• Expenses increased 15% reflecting volume- and revenue-related costs, as well as labor inflation; credit charge-offs remained moderate with a favorable outlook on consumer credit quality.