JPMorgan Chase & Co. (JPM) Q2 2026 (USD): EPS 7.70 (exp. 5.58), Revenue 57.3bln (exp. 51.06bln), Net Income 21.2bln (exp. 16.2bln)
JPMorgan Chase reported a significant Q2 earnings beat driven by Equities trading strength and raised its annual NII guidance, despite CEO warnings on geopolitical and inflationary risks.
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Other Metrics: FICC Sales & Trading Revenue 6.05bln (exp. 6.29bln) Equities Sales & Trading Revenue 6.03bln (exp. 3.98bln) Provision for Credit Losses 2.5bln (prev. 2.5bln Q/Q) Cash & Due from banks 24.72bln (exp. 22.03bln) Managed NII 25.62bln, (exp. 25.64bln) Net charge-offs 2.37bln (exp. 2.62bln) Standardised CET1 Ratio 14.1%. Guidance:Raises FY26 NII 105.5bln (prev. 103bln). CEO Dimon: "The US economy has demonstrated notable resiliency this year, with stronger business investment and hiring. This strength is being supported by several tailwinds, including AI-driven capital investment, fiscal stimulus and the benefits of more efficient regulation". "several risks are shifting below the surface like tectonic plates, including geopolitical tensions and wars, sticky inflation, large global fiscal deficits and elevated asset prices".
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