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JPMorgan Chase (MX:JPM)
:JPM
Mexico Market
EarningsQ2 2026 Earnings Report

JPMorgan Chase (JPM) Q2 2026 Earnings Report

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MX:JPM Q2 2026 EPS Results

Actual EPS$139.33
Consensus EPS$101.08
Beat/MissBeat by +$38.25
One Year Ago EPS$94.82

MX:JPM Q2 2026 Revenue Results

Actual Revenue$1.49T
Expected Revenue$917.80B
Beat/MissBeat by +$575.91B
YoY Revenue Growth+18.21%

Earnings Announcement Details

QuarterQ2 2026
Date07/14/2026
TimeBefore Open
Conference CallTuesday, July 14, 2026
MX:JPM Upcoming Earnings
JPMorgan Chase's next earnings date is estimated for October 13, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:JPM Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 14, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed strong financial performance and momentum across core businesses: sizable net income, double‑digit revenue growth ex‑items, standout CIB and equities results, robust asset & wealth inflows, deposit and consumer resilience, and an increased dividend. Offsets include rising expenses (guidance raised by $2.5B), a large RWA increase that modestly pressured CET1, continued credit costs, and management caution that some markets and IB results may include pull‑forwards and may not be fully repeatable. Management emphasized disciplined risk appetite and investment for growth (branches, AI, talent) while acknowledging regulatory and underwriting watch‑areas.
Company Guidance
JPMorgan Chase updated its full‑year 2026 guidance, raising NII ex‑Markets to about $96.5 billion (vs. prior ~$95B) and total NII to roughly $105.5 billion as Markets NII is expected to increase to about $9 billion; adjusted expenses were bumped to about $107.5 billion (up ~$2.5B), the card net charge‑off rate is now guided to ~3.2%, and the board plans a quarterly dividend of $1.65/share effective Q3. Balance‑sheet and capital context: quarter‑end standardized CET1 was 14.1% (down 20 bps q/q) after a standardized RWA increase of ~ $103 billion. Quarterly performance that underpins the outlook included net income $16.9B, EPS $6.14, ROTCE 23%, revenue ex‑significant items +15% YoY, expenses $27.3B, credit costs $2.5B (net charge‑offs $2.4B, net reserve build $149M). Business metrics called out: CCB revenue $20.3B (+8% YoY) with average deposits +3% YoY and >500k net new checking accounts; CIB revenue $24.9B (+27% YoY) with IB fees +30% and equities revenue +86% (FICC +6%); AWM revenue $6.9B (+19% YoY), pre‑tax margin 38%, long‑term net inflows $50B, AUM $5.1T (+18%), and client assets $7.7T (+19%).
Strong overall profitability
Net income of $16.9 billion, EPS of $6.14 and ROTCE of 23% for the quarter, reflecting robust profitability across the firm.
Revenue growth (ex-significant items)
Total revenue (excluding significant items) increased 15% year‑over‑year, driven by markets, higher asset management fees, investment banking, and higher deposit and loan balances.
Corporate & Investment Banking outperformance
CIB revenue of $24.9 billion was up 27% year‑over‑year; investment banking fees rose 30% YoY with double‑digit growth across products and particularly strong equity underwriting activity.
Exceptional equities performance
Equities revenue rose 86% year‑over‑year, with strength across products and regions, favorable trading in derivatives and cash, and higher Prime activity and balances.
Consumer & Commercial Banking resilience
CCB revenue of $20.3 billion increased 8% YoY and net income was $5.3 billion; average deposits rose 3% YoY and 2% QoQ, with over 500,000 net new checking accounts opened in the quarter.
Asset & Wealth Management momentum
AWM net income $2.0 billion, pre‑tax margin 38%; revenue $6.9 billion up 19% YoY; long‑term net inflows of $50 billion; AUM $5.1 trillion up 18% YoY and client assets $7.7 trillion up 19% YoY.
Improved NII and updated full‑year outlook
Full‑year NII ex‑Markets raised to ~$96.5 billion (up from prior $95B guide) and total NII to ~$105.5 billion; markets NII expected ~ $9 billion. Card net charge‑off rate guidance tightened to ~3.2% reflecting better consumer credit performance.
Capital return and shareholder actions
Board intends to increase the quarterly dividend to $1.65 per share effective in Q3, signaling confidence in capital position and earnings power.

MX:JPM Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 13, 2026
2026 (Q3)
106.55 / -
91.743―
2026 (Q2)
101.08 / 139.33
94.81946.95% (+44.51)
2026 (Q1)
99.02 / 107.49
91.74317.16% (+15.74)
2025 (Q4)
87.80 / 83.78
87.038-3.74% (-3.26)
2025 (Q3)
87.69 / 91.74
79.07616.02% (+12.67)
2025 (Q2)
81.12 / 94.82
110.743-14.38% (-15.92)
2025 (Q1)
83.84 / 91.74
80.34314.19% (+11.40)
2024 (Q4)
74.08 / 87.04
55.0158.22% (+32.03)
Oct 11, 2024
2024 (Q3)
72.20 / 79.08
78.3530.92% (+0.72)
2024 (Q2)
106.47 / 110.74
85.95328.84% (+24.79)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed