JPMorgan Chase & Co. reported third-quarter net income of $15.3 billion, up 6%, as total net revenue rose 8% to $50.2 billion and diluted earnings per share reached $5.57. Management expects full-year 2026 net interest income of approximately $106.2 billion.
JPMorgan Chase & Co.For the third quarter of 2026, JPMorganChase reported net income of $15.3 billion, up 6%, with earnings per share of $5.57, ROE of 17% and ROTCE of 20%.Total net revenue was $50.2 billion, up 8%Management expects net interest income to be approximately $106.2 billion and net interest income excluding Markets to be approximately $97.2 billion, market dependent.Open the document at this passage
JPMorgan Chase & Co. closed public offerings of $350,000,000 of Floating Rate Notes due 2030, $2,900,000,000 of Fixed-to-Floating Rate Notes due 2030, and $3,750,000,000 of Fixed-to-Floating Rate Notes due 2037.
J.P. Morgan Chase reported net income of $15.3 billion and revenue of $50.9 billion, up 8% year-on-year. Fourth-quarter guidance includes total NII of about $28 billion, expenses of about $27.5 billion and a card net charge-off rate of approximately 3.2%.
Jpmorgan Chase & Co. reported 3Q26 net income of $15.3B, revenue of $50.9B and EPS of $5.57 on October 13, 2026; excluding a significant item, net income was $15.8B and ROTCE was 21%.
JPMorgan Chase & Co. reported 2026 third quarter net income of $15.3 billion, or $5.57 per share, up from $14.4 billion, or $5.07 per share, in the third quarter of 2025; managed revenue was $50.9 billion, up 8%.
TL;DR.Firmwide revenue rose 7% to $46.8 billion, management expects about $103 billion of 2026 NII, and the Apple Card transaction was described as economically compelling. Reported net income fell 7%, with pressure from the Apple Card reserve, higher credit costs, a lower standardized CG1 ratio and meaningful 2026 expense growth.
Bullish
+Firmwide revenue rose 7% to $46.8 billion on higher markets revenue, asset management fees and auto lease income.
+CIB revenue rose 10% to $19.4 billion.
+AWM revenue rose 13% to $6.5 billion on strong net inflows, higher management fees and performance fees.
+Debit and credit card sales volume rose 7% year over year across income groups.
+Management expects 2026 total NII of about $103 billion, with Markets NII increasing to about $8 billion from lower funding costs.
+Management described the Apple Card portfolio and co-brand transaction as economically compelling.
Bearish
−Fourth-quarter net income fell 7% to $13.0 billion.
−The $2.2 billion Apple Card credit reserve reduced EPS by $0.60.
−Management expects 2026 adjusted expense of about $105 billion and described the growth as meaningful.
−Investment Banking fees fell 5% to $2.3 billion due to lower fees across all products.
−Credit costs rose, with net charge-offs up $150 million to $2.5 billion, predominantly in Wholesale.
−The standardized CG1 ratio fell 30 basis points sequentially to 14.5% as distributions and higher RWA outweighed net income.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
4,693 of 5,201 funds reported for Sep 30 · net +5.9M sh shares · +108 new
Insider flowFlat
No net insider activity over 90 days
Short interestFalling
0.89% of shares out · ▼ -7.3% MoM · 3.8 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
5,201 holders — near 3-yr high, broad support
Squeeze score45
elevated · 0–100
Fundamentals
Fair
Revenue growth+3%
Y/Y
EPS growth+1%
Y/Y
ValuationP/E 14.5
rich
Buyback$50.0B
authorized
Balance sheet$156.6B
net debt
Quant / Vol
risk profile
Low
Volatility23%
annualized · 1-yr
Max drawdown−15%
past year
ATR2.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
what management promised — and delivered
Latest guidance
· from the Earnings Call filed Oct 14, 2026
fourth quarter
NII excluding markets
Maintained
$25.5B
Oct 13, 2026$25.5B→changed toOct 14, 2026$25.5B
Total NII
Maintained
$28B
Oct 13, 2026$28B→changed toOct 14, 2026$28B
Expenses
Maintained
$27.5B
Oct 13, 2026$27.5B→changed toOct 14, 2026$27.5B
2027
NII excluding markets
Maintained
$107B
Oct 13, 2026$107B→changed toOct 14, 2026$107B
full year
Card net charge-off rate
Maintained
3.2%
Oct 13, 20263.2%→changed toOct 14, 20263.2%
Previous outlook
earlier release· from the Earnings Call filed Jul 14, 2026
Still-open targets the latest release did not restate under the same label.
NII ex-markets
· full-year 2026$96.5B
Total NII
· full-year 2026$105.5B
Markets NII
· full-year 2026$9B
Adjusted expense
· full-year 2026$107.5B
Guided vs delivered
· last 1 settled
Net interest incomefull year 2021
guided $53B
guided $53B$121.65B
Beat +129.5%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holdersBuy
0 · 3 · 3
50 / 200-day cross
No crossNeutral
Price vs 200-day avg
+7%Bullish
Price vs 50-day avg
+2%Bullish
RSI (14)
56Neutral
MACD trend
PositiveBullish
52-week position
77%Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)No cross
50d $340 › 200d $325 — 50d above 200d
Institutional flowAccumulating
4,693 of 5,201 funds reported for Sep 30 · net +5.9M sh shares · +108 new
Insider flowFlat
No net insider activity over 90 days
Short interestFalling
0.89% of shares out · ▼ -7.3% MoM · 3.8 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
5,201 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low$283Now $346 · 77%Range high$365
vs 200-day avg +7%vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
JPMorgan Chase & Co. reported third-quarter net income of $15.3 billion, up 6%, as total net revenue rose 8% to $50.2 billion and diluted earnings per share reached $5.57. Management expects full-year 2026 net interest income of approximately $106.2 billion.
Dividends per share over the trailing 365 days by ex-date · buyback figures as last
reported in SEC filings ("spent" derived as authorized − remaining; when several
programs run concurrently, authorized is their combined total per the newest filing) ·
components shown separately — trailing-year buyback spend isn't tracked, so no
combined shareholder yield is derived.
