JPMorgan's Q2 earnings beat estimates as Markets and IB surged, while shares dipped on a higher 2026 expense outlook despite a raised NII target.
The headline numbers for JPMorgan Chase & Co. (JPM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
JPMorgan Chase & Co (NYSE:JPM, XETRA:CMC) reported second-quarter profit and revenue that topped Wall Street expectations, as strength in investment banking and trading fees drove a 41% jump in net income. The bank posted net income of $21.2 billion, with earnings per share of $7.70 topping the $5.72 estimate.
JPMorgan Chase & Co. (JPM) came out with quarterly earnings of $6.14 per share, beating the Zacks Consensus Estimate of $5.59 per share. This compares to earnings of $4.96 per share a year ago.
JPMorgan's stock falls, even after a big profit beat, record revenue and a raised outlook for net interest income.
Warren's letter asks Dimon for a response by July 24, though that is not legally binding. More information about Epstein's relationship with JPMorgan Chase could also come out on July 23, when the House Oversight Committee will interview Staley as part of its ongoing probe into Epstein and his alleged crimes.
Dear Mr. Dimon: I am writing to request information regarding JPMorgan Chase & Co's (“JPMorgan”) extended business relationship with Jeffrey Epstein and your knowledge of the bank's activities. You have maintained that you don't recall knowing anything about Jeffrey Epstein and did not know Epstein was a client of JPMorgan prior to his 2019 arrest.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
JPM heads into Q2 earnings with strong trading, IB and loan demand, but higher costs and mortgage pressure weigh on the outlook. Let's see if the stock is a buy.
Besides Wall Street's top-and-bottom-line estimates for JPMorgan Chase & Co. (JPM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
In the most recent trading session, JPMorgan Chase & Co. (JPM) closed at $330.62, indicating a -2.54% shift from the previous trading day.
JPMorgan Chase & Co. (JPM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.