Companies /Financial Services

JPMorgan Chase & Company

NYSE: JPM Banks - Diversified
$358.51
▼ $3.55 (−0.98%) today
Markets closed · 5:16pm ET

Q1 2026 Earnings

Reported Apr 14, 2026, 6:32am ET · SEC source
$5.94
Beat +7.78%
EPS · est. $5.51
$49.8B
Beat +1.90%
Revenue · est. $48.9B
−11.3%
Trailing market
JPM vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−4%−2%0Apr 14Apr 15report 6:32am ETearnings+1.4%−3.8%
−4%−2%0Apr 14Apr 15earnings+1.4%−3.8%
JPM −3.8%S&P 500 +1.4%
−4%−2%0+2%Apr 14Apr 15report 6:32am ETearnings+2.2%−3.8%
−4%−2%0+2%Apr 14Apr 15earnings+2.2%−3.8%
JPM −3.8%NASDAQ +2.2%
−2%0+2%+4%Apr 13Apr 22report 6:32am ETearnings+3.1%+1.6%
−2%0+2%+4%Apr 13Apr 22earnings+3.1%+1.6%
JPM +1.6%S&P 500 +3.1%
0+3%Apr 13Apr 22report 6:32am ETearnings+4.7%+1.6%
0+3%Apr 13Apr 22earnings+4.7%+1.6%
JPM +1.6%NASDAQ +4.7%
−0.82%
Day of report
−1.67%
Next session
+0.60%
One week
−3.60%
30 days

S&P 500 over the same 30 days: +7.73%.

Did JPM Beat Earnings? Q1 2026 Results

JPMorgan Chase opened 2026 on a strong footing, posting first-quarter earnings per share of $5.94, up 17% from a year ago, as revenue reached $49.84 billion on broad-based momentum across every major business segment. Net income climbed 13% year-over-year to $16.49 billion, reflecting the firm's ability to generate growth even as macroeconomic uncertainty lingers. The clearest engine behind the quarter was the Commercial & Investment Bank, where revenue rose 19% to $23.38 billion and net income jumped 30% to $9.04 billion, fueled by a 20% surge in Markets revenue to $11.60 billion and a 28% jump in investment banking fees to $2.88 billion. Advisory fees were a particular standout, rising 82% to $1.27 billion. Credit quality also improved, with provisions for credit losses declining to $2.51 billion from $3.31 billion a year earlier. Capital returns remained substantial, with the firm distributing $4.10 billion in dividends and repurchasing $8.10 billion in shares while maintaining a CET1 ratio of 14.3%.

Key Takeaways
  • Markets revenue reached record $11.6 billion, up 20% YoY driven by strong client activity in Commodities, Credit, and Currencies & Emerging Markets
  • Investment banking fees up 28% driven by stronger advisory (up 82%) and equity underwriting (up 46%) activity
  • Card Services net interest income growth on higher revolving balances
  • Higher asset management fees in AWM and CCB on strong net inflows and higher market levels
  • Payments revenue grew 12% on higher deposit balances and fee growth
  • Net interest income excluding Markets up 3% on higher deposit and revolving balances, predominantly offset by lower rates
  • Provision for credit losses declined 24% YoY to $2.5 billion
  • Net interest income managed basis up 9% YoY to $25.5 billion
  • Markets net interest income surged 180% YoY to $2.2 billion

“The Firm delivered strong results in the first quarter, reporting net income of $16.5 billion.”

JPMorgan Chase CEO, on the earnings call

JPM YoY Financials

Revenue$49.8B
Net Income$16.5B

JPM Revenue by Segment

Commercial & Investment Bank$23.4B+19.0%
Consumer & Community Banking$19.6B+7.0%
Banking & Wealth Management$10.6B+3.0%
Banking & Wealth Management (CCB)
Fixed Income Markets$7.1B+21.0%
Lending$2.2B+13.0%
Card Services & Auto$7.8B+13.0%
Asset & Wealth Management$6.4B+11.0%

Figures from SEC filings and company reports. Not investment advice.