JPMorgan Chase Earnings October 13: What's at Stake for Bank Season
As seen on the 24/7 Wall St. homepage on October 13, 2026.
JPMorgan kicks off bank earnings season at 6:38 AM ET, with consensus at $5.91 EPS on $51.15 billion in revenue. The last two quarters beat by roughly 8% and 10%, so anything less resets expectations for every bank reporting after it.
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As the largest U.S. bank by assets and the first major bank to report this season, JPMorgan Chase sets the tone for every financial institution that follows when it reports before the open on October 13. Consensus sits at $5.91 in earnings per share.
After beating expectations in each of the last two quarters, the market is primed for another outperformance here. Anything short of a meaningful beat prompts traders to immediately reprice Wells Fargo, Bank of America, Citigroup, and every other bank still waiting to report.
JPMorgan's results function as a real-time stress test for the entire sector. If credit quality, net interest income, or trading revenue disappoints, investors will not wait for other banks to confirm the trend before repositioning.
The 6:38 AM ET release means results are fully absorbed before the opening bell, with analyst calls and guidance layering on top of the premarket reaction. Investors across the financial sector will want a clear read before regular trading begins.
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Mentioned: JPM