JPMorgan Chase & Co. (JPM) Q2 FY2026 Financial Statements: Revenue $57.35B, Net income $21.16B
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PeriodQ2 FY2026Q1 FY2026
Published
JPMorgan Chase reported $57.35 billion in total net revenue for Q2 FY2026, the quarter ended June 30, 2026, up 27.7% from a year earlier, and net income of $21.16 billion, or $7.70 per diluted share. That step up was flattered by two items, a net gain on the exchange of the firm's Visa Class B shares recorded in the Corporate segment and further gains on certain equity investments, so the reported growth rates overstate how much the underlying banking business improved; the operating businesses grew too, with the Commercial & Investment Bank earning $9.68 billion, up 45.5%. Net interest income, the core earnings engine, was $25.51 billion, up 9.9%; tangible book value per share reached $113.35, up 9.6%; and the Standardized CET1 capital ratio slipped to 14.2%, down 0.9 points, as risk-weighted assets grew faster than capital.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $57,347,000,000 | up 27.7% |
| Net income | $21,155,000,000 | up 41.2% |
| Diluted EPS | $7.70 | up 46.9% |
| Net interest income | $25,511,000,000 | up 9.9% |
| CET1 ratio | 14.2% | down 0.9 points |
| Tangible book value per share | $113.35 | up 9.6% |
| Commercial & Investment Bank net income | $9,678,000,000 | up 45.5% |
About this file
| Ticker | JPM |
|---|---|
| CIK | 0000019617 |
| Company | JPMorgan Chase & Co. |
| Business type | bank |
| Schema template | bank / diversified financial holding company |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual dollars (not millions) |
JPM annual income statement, balance sheet and cash flow
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Fiscal year | 2025 | 2024 | 2023 |
| Period start | 2025-01-01 | 2024-01-01 | 2023-01-01 |
| Period end | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 0001628280-26-008131 | 0001628280-26-008131 | 0001628280-26-008131 |
| Source statement | FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights | FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights | FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights |
| Income statement | |||
| Investment banking fees | 9,615,000,000 | 8,910,000,000 | 6,519,000,000 |
| Principal transactions | 27,212,000,000 | 24,787,000,000 | 24,460,000,000 |
| Lending and deposit related fees | 9,093,000,000 | 7,606,000,000 | 7,413,000,000 |
| Asset management fees | 20,327,000,000 | 17,801,000,000 | 15,220,000,000 |
| Commissions and other fees | 8,539,000,000 | 7,530,000,000 | 6,836,000,000 |
| Investment securities gains losses | -57,000,000 | -1,021,000,000 | -3,180,000,000 |
| Mortgage fees and related income | 1,381,000,000 | 1,401,000,000 | 1,176,000,000 |
| Card income | 4,720,000,000 | 5,497,000,000 | 4,784,000,000 |
| Other income | 6,174,000,000 | 12,462,000,000 | 5,609,000,000 |
| Noninterest revenue | 87,004,000,000 | 84,973,000,000 | 68,837,000,000 |
| Interest income | 193,341,000,000 | 193,933,000,000 | 170,588,000,000 |
| Interest expense | 97,898,000,000 | 101,350,000,000 | 81,321,000,000 |
| Net interest income | 95,443,000,000 | 92,583,000,000 | 89,267,000,000 |
| Total net revenue | 182,447,000,000 | 177,556,000,000 | 158,104,000,000 |
| Provision for credit losses | 14,212,000,000 | 10,678,000,000 | 9,320,000,000 |
| Compensation expense | 54,487,000,000 | 51,357,000,000 | 46,465,000,000 |
| Occupancy expense | 5,461,000,000 | 5,026,000,000 | 4,590,000,000 |
| Technology communications and equipment expense | 11,029,000,000 | 9,831,000,000 | 9,246,000,000 |
| Professional and outside services | 12,356,000,000 | 11,057,000,000 | 10,235,000,000 |
| Marketing | 5,531,000,000 | 4,974,000,000 | 4,591,000,000 |
| Other expense | 6,776,000,000 | 9,552,000,000 | 12,045,000,000 |
| Total noninterest expense | 95,640,000,000 | 91,797,000,000 | 87,172,000,000 |
| Pre provision profit | 86,807,000,000 | 85,759,000,000 | 70,932,000,000 |
| Income before income tax expense | 72,595,000,000 | 75,081,000,000 | 61,612,000,000 |
| Income tax expense | 15,547,000,000 | 16,610,000,000 | 12,060,000,000 |
| Net income | 57,048,000,000 | 58,471,000,000 | 49,552,000,000 |
| Net income applicable to common stockholders | 55,681,000,000 | 56,868,000,000 | 47,760,000,000 |
| Total net revenue managed basis | 185,581,000,000 | 180,593,000,000 | 162,366,000,000 |
| Earnings per share basic | 20.05 | 19.79 | 16.25 |
| Earnings per share diluted | 20.02 | 19.75 | 16.23 |
| Weighted average basic shares | 2,776,500,000 | 2,873,900,000 | 2,938,600,000 |
| Weighted average diluted shares | 2,781,500,000 | 2,879,000,000 | 2,943,100,000 |
| Balance sheet | |||
| Cash and due from banks | 21,742,000,000 | 23,372,000,000 | |
| Deposits with banks | 321,596,000,000 | 445,945,000,000 | |
| Federal funds sold and securities purchased under resale agreements | 336,426,000,000 | 295,001,000,000 | |
| Securities borrowed | 286,191,000,000 | 219,546,000,000 | |
| Trading assets | 802,873,000,000 | 637,784,000,000 | 540,607,000,000 |
| Available for sale securities | 507,198,000,000 | 406,852,000,000 | |
| Held to maturity securities | 270,134,000,000 | 274,468,000,000 | |
| Investment securities net of allowance | 777,332,000,000 | 681,320,000,000 | 571,552,000,000 |
| Loans | 1,493,429,000,000 | 1,347,988,000,000 | 1,323,706,000,000 |
| Allowance for loan losses | -25,765,000,000 | -24,345,000,000 | |
| Loans net of allowance | 1,467,664,000,000 | 1,323,643,000,000 | |
| Accrued interest and accounts receivable | 111,599,000,000 | 101,223,000,000 | |
| Premises and equipment | 36,244,000,000 | 32,223,000,000 | |
| Goodwill msrs and other intangible assets | 64,458,000,000 | 64,560,000,000 | |
| Other assets | 198,775,000,000 | 178,197,000,000 | |
| Total assets | 4,424,900,000,000 | 4,002,814,000,000 | 3,875,393,000,000 |
| Deposits | 2,559,320,000,000 | 2,406,032,000,000 | 2,400,688,000,000 |
| Federal funds purchased and securities loaned or sold under repurchase agreements | 442,396,000,000 | 296,835,000,000 | |
| Short term borrowings | 64,776,000,000 | 52,893,000,000 | |
| Trading liabilities | 216,019,000,000 | 192,883,000,000 | |
| Accounts payable and other liabilities | 316,794,000,000 | 280,672,000,000 | |
| Beneficial interests issued by consolidated vies | 27,951,000,000 | 27,323,000,000 | |
| Long term debt | 435,206,000,000 | 401,418,000,000 | 391,825,000,000 |
| Total liabilities | 4,062,462,000,000 | 3,658,056,000,000 | |
| Preferred stock | 20,045,000,000 | 20,050,000,000 | 27,404,000,000 |
| Common stock | 4,105,000,000 | 4,105,000,000 | 4,105,000,000 |
| Additional paid in capital | 91,114,000,000 | 90,911,000,000 | 90,128,000,000 |
| Retained earnings | 416,055,000,000 | 376,166,000,000 | 332,901,000,000 |
| Accumulated other comprehensive income loss | -4,290,000,000 | -12,456,000,000 | -10,443,000,000 |
| Treasury stock at cost | -164,591,000,000 | -134,018,000,000 | -116,217,000,000 |
| Total stockholders equity | 362,438,000,000 | 344,758,000,000 | 327,878,000,000 |
| Common stockholders equity | 342,393,000,000 | 324,708,000,000 | 300,474,000,000 |
| Common shares issued | 4,104,933,895 | 4,104,933,895 | |
| Treasury shares at cost | 1,408,661,319 | 1,307,313,494 | |
| Preferred shares issued | 2,005,375 | 2,005,375 | |
| Common shares outstanding period end | 2,696,200,000 | 2,797,600,000 | 2,876,600,000 |
| Cash flow | |||
| Net income | 57,048,000,000 | 58,471,000,000 | 49,552,000,000 |
| Provision for credit losses | 14,212,000,000 | 10,678,000,000 | 9,320,000,000 |
| Depreciation and amortization | 8,821,000,000 | 7,938,000,000 | 7,512,000,000 |
| Deferred tax benefit expense | 5,611,000,000 | 2,004,000,000 | -4,534,000,000 |
| Other operating adjustments line | 1,309,000,000 | 1,985,000,000 | 4,301,000,000 |
| Originations and purchases of loans held for sale | -260,772,000,000 | -212,238,000,000 | -115,245,000,000 |
| Proceeds from sales securitizations and paydowns of loans held for sale | 235,232,000,000 | 205,303,000,000 | 116,430,000,000 |
| Net change in trading assets | -156,461,000,000 | -95,729,000,000 | -74,091,000,000 |
| Net change in securities borrowed | -66,648,000,000 | -18,762,000,000 | -14,902,000,000 |
| Net change in accrued interest and accounts receivable | -11,514,000,000 | 5,735,000,000 | 19,928,000,000 |
| Net change in other assets | -12,582,000,000 | -7,650,000,000 | 32,970,000,000 |
| Net change in trading liabilities | 23,134,000,000 | 2,276,000,000 | 5,315,000,000 |
| Net change in accounts payable and other liabilities | 5,270,000,000 | -90,000,000 | -25,388,000,000 |
| Other operating adjustments | 9,558,000,000 | 6,160,000,000 | 4,581,000,000 |
| Net cash provided by used in operating activities | -147,782,000,000 | -42,012,000,000 | 12,974,000,000 |
| Net change in federal funds sold and resale agreements | -41,264,000,000 | -18,706,000,000 | 39,740,000,000 |
| Held to maturity proceeds from paydowns and maturities | 54,791,000,000 | 99,363,000,000 | 53,056,000,000 |
| Held to maturity purchases | -5,432,000,000 | -4,709,000,000 | -4,141,000,000 |
| Available for sale proceeds from paydowns and maturities | 37,414,000,000 | 38,499,000,000 | 53,744,000,000 |
| Available for sale proceeds from sales | 141,295,000,000 | 104,625,000,000 | 108,434,000,000 |
| Available for sale purchases | -308,772,000,000 | -352,712,000,000 | -115,499,000,000 |
| Proceeds from sales and securitizations of loans held for investment | 57,565,000,000 | 57,921,000,000 | 47,312,000,000 |
| Other changes in loans net | -188,497,000,000 | -83,176,000,000 | -88,343,000,000 |
| All other investing activities net | -12,665,000,000 | -2,146,000,000 | -16,740,000,000 |
| Net cash provided by used in investing activities | -265,565,000,000 | -163,403,000,000 | 67,643,000,000 |
| Net change in deposits | 153,168,000,000 | 3,299,000,000 | -32,196,000,000 |
| Net change in federal funds purchased and repurchase agreements | 145,535,000,000 | 80,288,000,000 | 13,801,000,000 |
| Net change in short term borrowings | 9,422,000,000 | 7,439,000,000 | -1,934,000,000 |
| Net change in beneficial interests issued by consolidated vies | -622,000,000 | 1,543,000,000 | 9,029,000,000 |
| Proceeds from long term borrowings | 120,761,000,000 | 109,915,000,000 | 75,417,000,000 |
| Payments of long term borrowings | -108,100,000,000 | -96,605,000,000 | -64,880,000,000 |
| Proceeds from issuance of preferred stock | 3,000,000,000 | 2,500,000,000 | |
| Redemption of preferred stock | -3,000,000,000 | -9,850,000,000 | |
| Treasury stock repurchased | -31,591,000,000 | -18,830,000,000 | -9,824,000,000 |
| Dividends paid | -16,625,000,000 | -14,783,000,000 | -13,463,000,000 |
| All other financing activities net | -2,415,000,000 | -1,469,000,000 | -1,521,000,000 |
| Net cash provided by used in financing activities | 269,533,000,000 | 63,447,000,000 | -25,571,000,000 |
| Effect of exchange rate changes on cash | 17,835,000,000 | -12,866,000,000 | 1,871,000,000 |
| Net increase decrease in cash and deposits with banks | -125,979,000,000 | -154,834,000,000 | 56,917,000,000 |
| Cash and deposits with banks beginning of period | 469,317,000,000 | 624,151,000,000 | 567,234,000,000 |
| Cash and deposits with banks end of period | 343,338,000,000 | 469,317,000,000 | 624,151,000,000 |
| Cash interest paid | 96,436,000,000 | 99,642,000,000 | 77,114,000,000 |
| Cash income taxes paid net | 5,309,000,000 | 11,715,000,000 | 9,908,000,000 |
| Estimated bargain purchase gain first republic | -103,000,000 | -2,775,000,000 | |
| Initial gain on visa share exchange | -7,990,000,000 | ||
| Net cash used in first republic acquisition | -2,362,000,000 | -9,920,000,000 | |
| Bank metrics | |||
| Common equity tier 1 capital | 288,469,000,000 | 275,513,000,000 | |
| Allowance for credit losses | 31,230,000,000 | 26,866,000,000 | 24,765,000,000 |
| Nonperforming assets | 10,359,000,000 | 9,300,000,000 | 7,597,000,000 |
| Net charge offs | 9,849,000,000 | 8,638,000,000 | 6,209,000,000 |
| Book value per share | 126.99 | 116.07 | 104.45 |
| Tangible book value per share | 107.56 | 97.3 | 86.08 |
| Cash dividends declared per share | 5.8 | 4.8 | 4.1 |
| Return on common equity % | 17% | 18% | 17% |
| Return on tangible common equity % | 20% | 22% | 21% |
| Return on assets % | 1.29% | 1.43% | 1.3% |
| Overhead ratio % | 52% | 52% | 55% |
| Loans to deposits ratio % | 58% | 56% | 55% |
| Liquidity coverage ratio avg % | 111% | 113% | 113% |
| Cet1 capital ratio standardized % | 14.6% | 15.7% | 15.0% |
| Tier 1 capital ratio standardized % | 15.5% | 16.8% | 16.6% |
| Total capital ratio standardized % | 17.4% | 18.5% | 18.5% |
| Tier 1 leverage ratio % | 6.9% | 7.2% | 7.2% |
| Supplementary leverage ratio % | 5.8% | 6.1% | 6.1% |
| Allowance for loan losses to total retained loans % | 1.83% | 1.87% | 1.75% |
| Net charge off rate % | 0.74% | 0.68% | 0.52% |
| Employees | 318,512 | 317,233 | 309,926 |
| Cet1 capital ratio advanced % | 14.1% | ||
| Risk weighted assets standardized | 1,981,692,000,000 | ||
| Segments managed basis | |||
| Consumer and community banking | |||
| Noninterest revenue | 17,795,000,000 | 16,649,000,000 | 15,118,000,000 |
| Net interest income | 58,234,000,000 | 54,858,000,000 | 55,030,000,000 |
| Total net revenue | 76,029,000,000 | 71,507,000,000 | 70,148,000,000 |
| Provision for credit losses | 11,493,000,000 | 9,974,000,000 | 6,899,000,000 |
| Total noninterest expense | 40,267,000,000 | 38,036,000,000 | 34,819,000,000 |
| Net income | 18,245,000,000 | 17,603,000,000 | 21,232,000,000 |
| Average equity | 56,000,000,000 | 54,500,000,000 | 54,349,000,000 |
| Total assets | 664,669,000,000 | 650,268,000,000 | 642,951,000,000 |
| Return on equity % | 32% | 32% | 38% |
| Commercial and investment bank | |||
| Noninterest revenue | 53,766,000,000 | 48,253,000,000 | 43,809,000,000 |
| Net interest income | 24,688,000,000 | 21,861,000,000 | 20,544,000,000 |
| Total net revenue | 78,454,000,000 | 70,114,000,000 | 64,353,000,000 |
| Provision for credit losses | 2,615,000,000 | 762,000,000 | 2,091,000,000 |
| Total noninterest expense | 38,216,000,000 | 35,353,000,000 | 33,972,000,000 |
| Net income | 27,761,000,000 | 24,846,000,000 | 20,272,000,000 |
| Average equity | 149,500,000,000 | 132,000,000,000 | 137,507,000,000 |
| Total assets | 2,142,534,000,000 | 1,773,194,000,000 | 1,638,493,000,000 |
| Return on equity % | 18% | 18% | 14% |
| Asset and wealth management | |||
| Noninterest revenue | 17,241,000,000 | 15,023,000,000 | 13,560,000,000 |
| Net interest income | 6,832,000,000 | 6,555,000,000 | 6,267,000,000 |
| Total net revenue | 24,073,000,000 | 21,578,000,000 | 19,827,000,000 |
| Provision for credit losses | 97,000,000 | -68,000,000 | 159,000,000 |
| Total noninterest expense | 15,332,000,000 | 14,414,000,000 | 12,780,000,000 |
| Net income | 6,522,000,000 | 5,421,000,000 | 5,227,000,000 |
| Average equity | 16,000,000,000 | 15,500,000,000 | 16,671,000,000 |
| Total assets | 288,065,000,000 | 255,385,000,000 | 245,512,000,000 |
| Return on equity % | 40% | 34% | 31% |
| Corporate | |||
| Noninterest revenue | 911,000,000 | 7,608,000,000 | 132,000,000 |
| Net interest income | 6,114,000,000 | 9,786,000,000 | 7,906,000,000 |
| Total net revenue | 7,025,000,000 | 17,394,000,000 | 8,038,000,000 |
| Provision for credit losses | 7,000,000 | 10,000,000 | 171,000,000 |
| Total noninterest expense | 1,825,000,000 | 3,994,000,000 | 5,601,000,000 |
| Net income | 4,520,000,000 | 10,601,000,000 | 2,821,000,000 |
| Average equity | 111,254,000,000 | 110,370,000,000 | 73,529,000,000 |
| Total assets | 1,329,632,000,000 | 1,323,967,000,000 | 1,348,437,000,000 |
| Reconciling items to reported basis | |||
| Noninterest revenue | -2,709,000,000 | -2,560,000,000 | -3,782,000,000 |
| Net interest income | -425,000,000 | -477,000,000 | -480,000,000 |
| Total net revenue | -3,134,000,000 | -3,037,000,000 | -4,262,000,000 |
| Label | FY2025 | FY2024 | FY2023 |
| Balance sheet note | The FY2025 10-K balance sheet presents only December 31, 2025 and December 31, 2024. The December 31, 2023 figures shown here are the selected balance sheet items that the 10-K's three-year summary of consolidated financial highlights presents for that date, plus the December 31, 2023 equity components carried on the consolidated statements of changes in stockholders' equity. A full 2023 balance sheet is not on the face of this filing. | ||
JPM quarterly income statement, balance sheet and cash flow
| 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | |
|---|---|---|---|---|---|
| Fiscal period | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
| Label | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
| Period start | 2026-04-01 | 2026-01-01 | 2025-10-01 | 2025-07-01 | 2025-04-01 |
| Period end | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
| Period type | three months | three months | three months | three months | three months |
| Source accession | 0001628280-26-054343 | 0001628280-26-054343 | 0001628280-26-054343 | 0001628280-26-054343 | 0001628280-26-054343 |
| Source statement | Form 10-Q for the quarter ended June 30, 2026: consolidated statements of income and consolidated balance sheet, the consolidated financial highlights, Capital Risk Management and Note 25 (Business segments & Corporate) | Form 10-Q for the quarter ended June 30, 2026, consolidated financial highlights (five-quarter trend), quarter ended March 31, 2026 | Form 10-Q for the quarter ended June 30, 2026, consolidated financial highlights (five-quarter trend), quarter ended December 31, 2025 | Form 10-Q for the quarter ended June 30, 2026, consolidated financial highlights (five-quarter trend), quarter ended September 30, 2025 | Form 10-Q for the quarter ended June 30, 2026: the prior-year columns of the consolidated statements of income and of Note 25 (Business segments & Corporate), and the 2Q25 column of the consolidated financial highlights |
| Income statement | |||||
| Investment banking fees | 3,208,000,000 | 2,858,000,000 | 2,499,000,000 | ||
| Principal transactions | 9,007,000,000 | 7,987,000,000 | 7,149,000,000 | ||
| Lending and deposit related fees | 2,511,000,000 | 2,394,000,000 | 2,248,000,000 | ||
| Asset management fees | 5,658,000,000 | 5,515,000,000 | 4,806,000,000 | ||
| Commissions and other fees | 2,614,000,000 | 2,482,000,000 | 2,194,000,000 | ||
| Investment securities gains losses | -395,000,000 | 64,000,000 | -54,000,000 | ||
| Mortgage fees and related income | 336,000,000 | 309,000,000 | 363,000,000 | ||
| Card income | 1,348,000,000 | 1,190,000,000 | 1,344,000,000 | ||
| Other income | 7,549,000,000 | 1,671,000,000 | 1,154,000,000 | ||
| Noninterest revenue | 31,836,000,000 | 24,470,000,000 | 20,803,000,000 | 22,461,000,000 | 21,703,000,000 |
| Interest income | 50,624,000,000 | 49,191,000,000 | 48,241,000,000 | ||
| Interest expense | 25,113,000,000 | 23,825,000,000 | 25,032,000,000 | ||
| Net interest income | 25,511,000,000 | 25,366,000,000 | 24,995,000,000 | 23,966,000,000 | 23,209,000,000 |
| Total net revenue | 57,347,000,000 | 49,836,000,000 | 45,798,000,000 | 46,427,000,000 | 44,912,000,000 |
| Provision for credit losses | 2,515,000,000 | 2,507,000,000 | 4,655,000,000 | 3,403,000,000 | 2,849,000,000 |
| Compensation expense | 15,159,000,000 | 15,339,000,000 | 13,710,000,000 | ||
| Occupancy expense | 1,482,000,000 | 1,447,000,000 | 1,264,000,000 | ||
| Technology communications and equipment expense | 3,107,000,000 | 3,021,000,000 | 2,704,000,000 | ||
| Professional and outside services | 3,855,000,000 | 3,483,000,000 | 3,006,000,000 | ||
| Marketing | 1,670,000,000 | 1,604,000,000 | 1,279,000,000 | ||
| Other expense | 2,043,000,000 | 1,956,000,000 | 1,816,000,000 | ||
| Total noninterest expense | 27,316,000,000 | 26,850,000,000 | 23,983,000,000 | 24,281,000,000 | 23,779,000,000 |
| Income before income tax expense | 27,516,000,000 | 20,479,000,000 | 17,160,000,000 | 18,743,000,000 | 18,284,000,000 |
| Income tax expense | 6,361,000,000 | 3,985,000,000 | 4,135,000,000 | 4,350,000,000 | 3,297,000,000 |
| Net income | 21,155,000,000 | 16,494,000,000 | 13,025,000,000 | 14,393,000,000 | 14,987,000,000 |
| Net income applicable to common stockholders | 20,752,000,000 | 16,148,000,000 | 12,689,000,000 | 14,043,000,000 | 14,630,000,000 |
| Earnings per share basic | 7.71 | 5.95 | 4.64 | 5.08 | 5.25 |
| Earnings per share diluted | 7.7 | 5.94 | 4.63 | 5.07 | 5.24 |
| Weighted average basic shares | 2,689,900,000 | 2,716,200,000 | 2,735,300,000 | 2,762,400,000 | 2,788,700,000 |
| Weighted average diluted shares | 2,694,200,000 | 2,720,200,000 | 2,740,500,000 | 2,767,600,000 | 2,793,700,000 |
| Total net revenue managed basis | 58,022,000,000 | 50,536,000,000 | 46,767,000,000 | 47,120,000,000 | 45,680,000,000 |
| Pre provision profit | 30,031,000,000 | 22,986,000,000 | 21,815,000,000 | 22,146,000,000 | 21,133,000,000 |
| Balance sheet | |||||
| Cash and due from banks | 24,720,000,000 | 22,039,000,000 | |||
| Deposits with banks | 285,091,000,000 | 290,103,000,000 | |||
| Federal funds sold and securities purchased under resale agreements | 446,143,000,000 | 482,704,000,000 | |||
| Securities borrowed | 362,487,000,000 | 284,524,000,000 | |||
| Trading assets | 1,062,072,000,000 | 1,069,335,000,000 | |||
| Available for sale securities | 536,048,000,000 | 549,037,000,000 | |||
| Held to maturity securities | 268,474,000,000 | 272,142,000,000 | |||
| Investment securities net of allowance | 804,522,000,000 | 821,179,000,000 | |||
| Loans | 1,542,462,000,000 | 1,503,520,000,000 | |||
| Allowance for loan losses | -26,152,000,000 | -25,928,000,000 | |||
| Loans net of allowance | 1,516,310,000,000 | 1,477,592,000,000 | |||
| Accrued interest and accounts receivable | 179,939,000,000 | 142,334,000,000 | |||
| Premises and equipment | 37,701,000,000 | 36,771,000,000 | |||
| Goodwill msrs and other intangible assets | 64,304,000,000 | 64,289,000,000 | |||
| Other assets | 231,780,000,000 | 209,605,000,000 | |||
| Total assets | 5,015,069,000,000 | 4,900,475,000,000 | |||
| Deposits | 2,713,700,000,000 | 2,675,520,000,000 | |||
| Federal funds purchased and securities loaned or sold under repurchase agreements | 704,918,000,000 | 716,623,000,000 | |||
| Short term borrowings | 72,430,000,000 | 68,048,000,000 | |||
| Trading liabilities | 275,136,000,000 | 247,836,000,000 | |||
| Accounts payable and other liabilities | 384,290,000,000 | 352,561,000,000 | |||
| Beneficial interests issued by consolidated vies | 29,474,000,000 | 27,085,000,000 | |||
| Long term debt | 460,523,000,000 | 448,764,000,000 | |||
| Total liabilities | 4,640,471,000,000 | 4,536,437,000,000 | |||
| Preferred stock | 21,040,000,000 | 20,045,000,000 | |||
| Common stock | 4,105,000,000 | 4,105,000,000 | |||
| Additional paid in capital | 90,559,000,000 | 90,087,000,000 | |||
| Retained earnings | 445,020,000,000 | 428,206,000,000 | |||
| Accumulated other comprehensive income loss | -7,693,000,000 | -6,689,000,000 | |||
| Treasury stock at cost | -178,433,000,000 | -171,716,000,000 | |||
| Total stockholders equity | 374,598,000,000 | 364,038,000,000 | |||
| Common stockholders equity | 353,558,000,000 | 343,993,000,000 | |||
| Common shares outstanding period end | 2,658,200,000 | 2,679,500,000 | |||
| Common shares issued | 4,104,933,895 | 4,104,933,895 | |||
| Treasury shares at cost | 1,446,747,700 | ||||
| Preferred shares issued | 2,105,375 | ||||
| Bank metrics | |||||
| Common equity tier 1 capital | 302,619,000,000 | 291,152,000,000 | 288,469,000,000 | 287,297,000,000 | 283,854,000,000 |
| Risk weighted assets standardized | 2,132,428,000,000 | 2,039,324,000,000 | 1,981,692,000,000 | 1,935,868,000,000 | 1,882,718,000,000 |
| Allowance for credit losses | 31,531,000,000 | 31,383,000,000 | 31,230,000,000 | 29,089,000,000 | 28,281,000,000 |
| Allowance for loan losses to total retained loans % | 1.79% | 1.82% | 1.83% | 1.88% | 1.85% |
| Nonperforming assets | 9,849,000,000 | 10,049,000,000 | 10,359,000,000 | 10,635,000,000 | 10,480,000,000 |
| Net charge offs | 2,366,000,000 | 2,316,000,000 | 2,514,000,000 | 2,593,000,000 | 2,410,000,000 |
| Net charge off rate % | 0.66% | 0.67% | 0.72% | 0.76% | 0.73% |
| Book value per share | 133.01 | 128.38 | 126.99 | 124.96 | 122.51 |
| Tangible book value per share | 113.35 | 108.87 | 107.56 | 105.7 | 103.4 |
| Cash dividends declared per share | 1.5 | 1.5 | 1.5 | 1.5 | 1.4 |
| Return on common equity % | 24% | 19% | 15% | 17% | 18% |
| Return on tangible common equity % | 29% | 23% | 18% | 20% | 21% |
| Return on assets % | 1.7% | 1.41% | 1.14% | 1.26% | 1.35% |
| Overhead ratio % | 48% | 54% | 52% | 52% | 53% |
| Loans to deposits ratio % | 57% | 56% | 58% | 56% | 55% |
| Liquidity coverage ratio avg % | 110% | 112% | 111% | 110% | 113% |
| Cet1 capital ratio standardized % | 14.2% | 14.3% | 14.6% | 14.8% | 15.1% |
| Tier 1 capital ratio standardized % | 15.1% | 15.2% | 15.5% | 15.8% | 16.1% |
| Total capital ratio standardized % | 17% | 17.2% | 17.4% | 17.7% | 17.8% |
| Tier 1 leverage ratio % | 6.6% | 6.6% | 6.9% | 6.9% | 6.9% |
| Supplementary leverage ratio % | 5.5% | 5.6% | 5.8% | 5.8% | 5.9% |
| Employees | 320,560 | 320,079 | 318,512 | 318,153 | 317,160 |
| Cet1 capital ratio advanced % | 14.2% | 14.1% | 14.1% | 14.9% | 15.2% |
| Segments managed basis | |||||
| Consumer and community banking | |||||
| Noninterest revenue | 5,180,000,000 | 4,452,000,000 | |||
| Net interest income | 15,092,000,000 | 14,395,000,000 | |||
| Total net revenue | 20,272,000,000 | 19,568,000,000 | 19,396,000,000 | 19,473,000,000 | 18,847,000,000 |
| Provision for credit losses | 2,156,000,000 | 2,050,000,000 | 2,082,000,000 | ||
| Total noninterest expense | 11,108,000,000 | 10,979,000,000 | 9,858,000,000 | ||
| Income before income tax expense | 7,008,000,000 | 6,907,000,000 | |||
| Income tax expense | 1,697,000,000 | 1,738,000,000 | |||
| Net income | 5,311,000,000 | 4,976,000,000 | 3,642,000,000 | 5,009,000,000 | 5,169,000,000 |
| Average equity | 61,500,000,000 | 56,000,000,000 | |||
| Total assets | 672,612,000,000 | 652,379,000,000 | |||
| Return on equity % | 34% | 32% | 36% | ||
| Commercial and investment bank | |||||
| Noninterest revenue | 16,954,000,000 | 13,792,000,000 | |||
| Net interest income | 7,899,000,000 | 5,743,000,000 | |||
| Total net revenue | 24,853,000,000 | 23,379,000,000 | 19,375,000,000 | 19,878,000,000 | 19,535,000,000 |
| Provision for credit losses | 356,000,000 | 482,000,000 | 696,000,000 | ||
| Total noninterest expense | 11,390,000,000 | 11,136,000,000 | 9,641,000,000 | ||
| Income before income tax expense | 13,107,000,000 | 9,198,000,000 | |||
| Income tax expense | 3,429,000,000 | 2,548,000,000 | |||
| Net income | 9,678,000,000 | 9,044,000,000 | 7,268,000,000 | 6,901,000,000 | 6,650,000,000 |
| Average equity | 172,198,000,000 | 149,500,000,000 | |||
| Total assets | 2,709,357,000,000 | 2,260,825,000,000 | |||
| Return on equity % | 22% | 21% | 17% | ||
| Asset and wealth management | |||||
| Noninterest revenue | 5,042,000,000 | 4,073,000,000 | |||
| Net interest income | 1,809,000,000 | 1,687,000,000 | |||
| Total net revenue | 6,851,000,000 | 6,374,000,000 | 6,516,000,000 | 6,066,000,000 | 5,760,000,000 |
| Provision for credit losses | 13,000,000 | -24,000,000 | 46,000,000 | ||
| Total noninterest expense | 4,207,000,000 | 4,167,000,000 | 3,733,000,000 | ||
| Income before income tax expense | 2,631,000,000 | 1,981,000,000 | |||
| Income tax expense | 674,000,000 | 508,000,000 | |||
| Net income | 1,957,000,000 | 1,775,000,000 | 1,808,000,000 | 1,658,000,000 | 1,473,000,000 |
| Average equity | 16,000,000,000 | 16,000,000,000 | |||
| Total assets | 323,243,000,000 | 268,966,000,000 | |||
| Return on equity % | 48% | 44% | 36% | ||
| Corporate | |||||
| Noninterest revenue | 5,224,000,000 | 49,000,000 | |||
| Net interest income | 822,000,000 | 1,489,000,000 | |||
| Total net revenue | 6,046,000,000 | 1,215,000,000 | 1,480,000,000 | 1,703,000,000 | 1,538,000,000 |
| Provision for credit losses | -10,000,000 | -1,000,000 | 25,000,000 | ||
| Total noninterest expense | 611,000,000 | 568,000,000 | 547,000,000 | ||
| Income before income tax expense | 5,445,000,000 | 966,000,000 | |||
| Income tax expense | 1,236,000,000 | -729,000,000 | |||
| Net income | 4,209,000,000 | 699,000,000 | 307,000,000 | 825,000,000 | 1,695,000,000 |
| Average equity | 93,448,000,000 | 108,297,000,000 | |||
| Total assets | 1,309,857,000,000 | 1,370,312,000,000 | |||
| Reconciling items to reported basis | |||||
| Noninterest revenue | -564,000,000 | -587,000,000 | -856,000,000 | -588,000,000 | -663,000,000 |
| Net interest income | -111,000,000 | -113,000,000 | -113,000,000 | -105,000,000 | -105,000,000 |
| Total net revenue | -675,000,000 | -700,000,000 | -969,000,000 | -693,000,000 | -768,000,000 |
| Income before income tax expense | -675,000,000 | -700,000,000 | -969,000,000 | -693,000,000 | -768,000,000 |
| Income tax expense | -675,000,000 | -700,000,000 | -969,000,000 | -693,000,000 | -768,000,000 |
| Additional source accession | 0001628280-26-048078 | 0001628280-26-048078 | 0001628280-26-048078 | 0001628280-26-048078 | |
| Additional source statement | The detailed income statement lines, segment results, common equity Tier 1 capital, risk-weighted assets and the Advanced CET1 capital ratio for this quarter, and the balance sheet at March 31, 2026, are taken from the five-quarter trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026). | The detailed income statement lines, segment results, common equity Tier 1 capital, risk-weighted assets and the Advanced CET1 capital ratio for this quarter are taken from the five-quarter trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026). | The detailed income statement lines, segment results, common equity Tier 1 capital, risk-weighted assets and the Advanced CET1 capital ratio for this quarter are taken from the five-quarter trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026). | Common equity Tier 1 capital, risk-weighted assets and the Advanced CET1 capital ratio at June 30, 2025 are taken from the five-quarter trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026). | |
| Balance sheet selected | |||||
| Trading assets | 802,873,000,000 | 952,777,000,000 | 889,856,000,000 | ||
| Investment securities net of allowance | 777,332,000,000 | 783,945,000,000 | 745,939,000,000 | ||
| Loans | 1,493,429,000,000 | 1,435,246,000,000 | 1,411,992,000,000 | ||
| Total assets | 4,424,900,000,000 | 4,560,205,000,000 | 4,552,482,000,000 | ||
| Deposits | 2,559,320,000,000 | 2,548,476,000,000 | 2,562,380,000,000 | ||
| Long term debt | 435,206,000,000 | 427,203,000,000 | 419,802,000,000 | ||
| Common stockholders equity | 342,393,000,000 | 340,167,000,000 | 336,879,000,000 | ||
| Total stockholders equity | 362,438,000,000 | 360,212,000,000 | 356,924,000,000 | ||
| Common shares outstanding period end | 2,696,200,000 | 2,722,200,000 | 2,749,700,000 | ||
JPM year-to-date income statement and cash flow
| Six months ended June 30, 2026 | |
|---|---|
| Label | Six months ended June 30, 2026 |
| Period start | 2026-01-01 |
| Period end | 2026-06-30 |
| Period type | six months |
| Source accession | 0001628280-26-054343 |
| Source statement | Form 10-Q for the quarter ended June 30, 2026, consolidated statements of income and cash flows, six-month columns |
| Income statement | |
| Investment banking fees | 6,066,000,000 |
| Principal transactions | 16,994,000,000 |
| Lending and deposit related fees | 4,905,000,000 |
| Asset management fees | 11,173,000,000 |
| Commissions and other fees | 5,096,000,000 |
| Investment securities gains losses | -331,000,000 |
| Mortgage fees and related income | 645,000,000 |
| Card income | 2,538,000,000 |
| Other income | 9,220,000,000 |
| Noninterest revenue | 56,306,000,000 |
| Interest income | 99,815,000,000 |
| Interest expense | 48,938,000,000 |
| Net interest income | 50,877,000,000 |
| Total net revenue | 107,183,000,000 |
| Provision for credit losses | 5,022,000,000 |
| Compensation expense | 30,498,000,000 |
| Occupancy expense | 2,929,000,000 |
| Technology communications and equipment expense | 6,128,000,000 |
| Professional and outside services | 7,338,000,000 |
| Marketing | 3,274,000,000 |
| Other expense | 3,999,000,000 |
| Total noninterest expense | 54,166,000,000 |
| Pre provision profit | 53,017,000,000 |
| Income before income tax expense | 47,995,000,000 |
| Income tax expense | 10,346,000,000 |
| Net income | 37,649,000,000 |
| Net income applicable to common stockholders | 36,901,000,000 |
| Total net revenue managed basis | 108,558,000,000 |
| Earnings per share basic | 13.65 |
| Earnings per share diluted | 13.63 |
| Weighted average basic shares | 2,703,100,000 |
| Weighted average diluted shares | 2,707,200,000 |
| Cash flow | |
| Net income | 37,649,000,000 |
| Provision for credit losses | 5,022,000,000 |
| Depreciation and amortization | 4,681,000,000 |
| Deferred tax benefit expense | 127,000,000 |
| Initial gain on visa share exchange | -4,509,000,000 |
| Other operating adjustments line | 1,432,000,000 |
| Originations and purchases of loans held for sale | -138,988,000,000 |
| Proceeds from sales securitizations and paydowns of loans held for sale | 145,881,000,000 |
| Net change in trading assets | -253,978,000,000 |
| Net change in securities borrowed | -76,298,000,000 |
| Net change in accrued interest and accounts receivable | -69,352,000,000 |
| Net change in other assets | -24,142,000,000 |
| Net change in trading liabilities | 74,762,000,000 |
| Net change in accounts payable and other liabilities | 59,493,000,000 |
| Other operating adjustments | 1,176,000,000 |
| Net cash provided by used in operating activities | -237,044,000,000 |
| Net change in federal funds sold and resale agreements | -109,784,000,000 |
| Held to maturity proceeds from paydowns and maturities | 24,438,000,000 |
| Held to maturity purchases | -23,058,000,000 |
| Available for sale proceeds from paydowns and maturities | 26,155,000,000 |
| Available for sale proceeds from sales | 110,842,000,000 |
| Available for sale purchases | -172,073,000,000 |
| Proceeds from sales and securitizations of loans held for investment | 29,127,000,000 |
| Other changes in loans net | -91,082,000,000 |
| All other investing activities net | -5,941,000,000 |
| Net cash provided by used in investing activities | -211,376,000,000 |
| Net change in deposits | 149,395,000,000 |
| Net change in federal funds purchased and repurchase agreements | 262,558,000,000 |
| Net change in short term borrowings | 6,954,000,000 |
| Net change in beneficial interests issued by consolidated vies | -517,000,000 |
| Proceeds from long term borrowings | 85,466,000,000 |
| Payments of long term borrowings | -59,953,000,000 |
| Proceeds from issuance of preferred stock | 3,000,000,000 |
| Redemption of preferred stock | -2,000,000,000 |
| Treasury stock repurchased | -15,113,000,000 |
| Dividends paid | -8,716,000,000 |
| All other financing activities net | -1,595,000,000 |
| Net cash provided by used in financing activities | 419,479,000,000 |
| Effect of exchange rate changes on cash | -4,586,000,000 |
| Net increase decrease in cash and deposits with banks | -33,527,000,000 |
| Cash and deposits with banks beginning of period | 343,338,000,000 |
| Cash and deposits with banks end of period | 309,811,000,000 |
| Cash interest paid | 48,435,000,000 |
| Cash income taxes paid net | 6,036,000,000 |
| Segments managed basis | |
| Consumer and community banking | |
| Noninterest revenue | 10,010,000,000 |
| Net interest income | 29,830,000,000 |
| Total net revenue | 39,840,000,000 |
| Provision for credit losses | 4,206,000,000 |
| Total noninterest expense | 22,087,000,000 |
| Income before income tax expense | 13,547,000,000 |
| Income tax expense | 3,260,000,000 |
| Net income | 10,287,000,000 |
| Average equity | 61,500,000,000 |
| Return on equity % | 33% |
| Overhead ratio % | 55% |
| Commercial and investment bank | |
| Noninterest revenue | 32,344,000,000 |
| Net interest income | 15,888,000,000 |
| Total net revenue | 48,232,000,000 |
| Provision for credit losses | 838,000,000 |
| Total noninterest expense | 22,526,000,000 |
| Income before income tax expense | 24,868,000,000 |
| Income tax expense | 6,146,000,000 |
| Net income | 18,722,000,000 |
| Average equity | 169,365,000,000 |
| Return on equity % | 22% |
| Overhead ratio % | 47% |
| Asset and wealth management | |
| Noninterest revenue | 9,690,000,000 |
| Net interest income | 3,535,000,000 |
| Total net revenue | 13,225,000,000 |
| Provision for credit losses | -11,000,000 |
| Total noninterest expense | 8,374,000,000 |
| Income before income tax expense | 4,862,000,000 |
| Income tax expense | 1,130,000,000 |
| Net income | 3,732,000,000 |
| Average equity | 16,000,000,000 |
| Return on equity % | 46% |
| Overhead ratio % | 63% |
| Corporate | |
| Noninterest revenue | 5,413,000,000 |
| Net interest income | 1,848,000,000 |
| Total net revenue | 7,261,000,000 |
| Provision for credit losses | -11,000,000 |
| Total noninterest expense | 1,179,000,000 |
| Income before income tax expense | 6,093,000,000 |
| Income tax expense | 1,185,000,000 |
| Net income | 4,908,000,000 |
| Average equity | 95,239,000,000 |
| Reconciling items to reported basis | |
| Noninterest revenue | -1,151,000,000 |
| Net interest income | -224,000,000 |
| Total net revenue | -1,375,000,000 |
| Income before income tax expense | -1,375,000,000 |
| Income tax expense | -1,375,000,000 |
| Prior year comparative | |
| Label | Six months ended June 30, 2025 |
| Period start | 2025-01-01 |
| Period end | 2025-06-30 |
| Period type | six months |
| Source accession | 0001628280-26-054343 |
| Income statement | |
| Investment banking fees | 4,677,000,000 |
| Principal transactions | 14,763,000,000 |
| Lending and deposit related fees | 4,380,000,000 |
| Asset management fees | 9,506,000,000 |
| Commissions and other fees | 4,227,000,000 |
| Investment securities gains losses | -91,000,000 |
| Mortgage fees and related income | 641,000,000 |
| Card income | 2,560,000,000 |
| Other income | 3,077,000,000 |
| Noninterest revenue | 43,740,000,000 |
| Interest income | 95,094,000,000 |
| Interest expense | 48,612,000,000 |
| Net interest income | 46,482,000,000 |
| Total net revenue | 90,222,000,000 |
| Provision for credit losses | 6,154,000,000 |
| Compensation expense | 27,803,000,000 |
| Occupancy expense | 2,566,000,000 |
| Technology communications and equipment expense | 5,282,000,000 |
| Professional and outside services | 5,845,000,000 |
| Marketing | 2,583,000,000 |
| Other expense | 3,297,000,000 |
| Total noninterest expense | 47,376,000,000 |
| Pre provision profit | 42,846,000,000 |
| Income before income tax expense | 36,692,000,000 |
| Income tax expense | 7,062,000,000 |
| Net income | 29,630,000,000 |
| Net income applicable to common stockholders | 28,948,000,000 |
| Total net revenue managed basis | 91,694,000,000 |
| Earnings per share basic | 10.32 |
| Earnings per share diluted | 10.31 |
| Weighted average basic shares | 2,804,000,000 |
| Weighted average diluted shares | 2,809,000,000 |
| Cash flow | |
| Net income | 29,630,000,000 |
| Provision for credit losses | 6,154,000,000 |
| Depreciation and amortization | 4,240,000,000 |
| Deferred tax benefit expense | -418,000,000 |
| Initial gain on visa share exchange | 0 |
| Other operating adjustments line | 979,000,000 |
| Originations and purchases of loans held for sale | -133,098,000,000 |
| Proceeds from sales securitizations and paydowns of loans held for sale | 120,504,000,000 |
| Net change in trading assets | -245,618,000,000 |
| Net change in securities borrowed | -4,434,000,000 |
| Net change in accrued interest and accounts receivable | -23,853,000,000 |
| Net change in other assets | -5,048,000,000 |
| Net change in trading liabilities | 29,763,000,000 |
| Net change in accounts payable and other liabilities | -7,760,000,000 |
| Other operating adjustments | 6,667,000,000 |
| Net cash provided by used in operating activities | -222,292,000,000 |
| Net change in federal funds sold and resale agreements | -175,516,000,000 |
| Held to maturity proceeds from paydowns and maturities | 18,147,000,000 |
| Held to maturity purchases | -3,167,000,000 |
| Available for sale proceeds from paydowns and maturities | 17,957,000,000 |
| Available for sale proceeds from sales | 85,495,000,000 |
| Available for sale purchases | -172,126,000,000 |
| Proceeds from sales and securitizations of loans held for investment | 25,940,000,000 |
| Other changes in loans net | -83,166,000,000 |
| All other investing activities net | -4,700,000,000 |
| Net cash provided by used in investing activities | -291,136,000,000 |
| Net change in deposits | 153,462,000,000 |
| Net change in federal funds purchased and repurchase agreements | 298,493,000,000 |
| Net change in short term borrowings | 10,772,000,000 |
| Net change in beneficial interests issued by consolidated vies | -31,000,000 |
| Proceeds from long term borrowings | 53,884,000,000 |
| Payments of long term borrowings | -50,821,000,000 |
| Proceeds from issuance of preferred stock | 3,000,000,000 |
| Redemption of preferred stock | -3,000,000,000 |
| Treasury stock repurchased | -15,034,000,000 |
| Dividends paid | -8,028,000,000 |
| All other financing activities net | -1,834,000,000 |
| Net cash provided by used in financing activities | 440,863,000,000 |
| Effect of exchange rate changes on cash | 23,575,000,000 |
| Net increase decrease in cash and deposits with banks | -48,990,000,000 |
| Cash and deposits with banks beginning of period | 469,317,000,000 |
| Cash and deposits with banks end of period | 420,327,000,000 |
| Cash interest paid | 47,937,000,000 |
| Cash income taxes paid net | 4,685,000,000 |
| Segments managed basis | |
| Consumer and community banking | |
| Noninterest revenue | 8,623,000,000 |
| Net interest income | 28,537,000,000 |
| Total net revenue | 37,160,000,000 |
| Provision for credit losses | 4,711,000,000 |
| Total noninterest expense | 19,715,000,000 |
| Income before income tax expense | 12,734,000,000 |
| Income tax expense | 3,140,000,000 |
| Net income | 9,594,000,000 |
| Average equity | 56,000,000,000 |
| Return on equity % | 34% |
| Overhead ratio % | 53% |
| Commercial and investment bank | |
| Noninterest revenue | 27,614,000,000 |
| Net interest income | 11,587,000,000 |
| Total net revenue | 39,201,000,000 |
| Provision for credit losses | 1,401,000,000 |
| Total noninterest expense | 19,483,000,000 |
| Income before income tax expense | 18,317,000,000 |
| Income tax expense | 4,725,000,000 |
| Net income | 13,592,000,000 |
| Average equity | 149,500,000,000 |
| Return on equity % | 18% |
| Overhead ratio % | 50% |
| Asset and wealth management | |
| Noninterest revenue | 8,066,000,000 |
| Net interest income | 3,425,000,000 |
| Total net revenue | 11,491,000,000 |
| Provision for credit losses | 36,000,000 |
| Total noninterest expense | 7,446,000,000 |
| Income before income tax expense | 4,009,000,000 |
| Income tax expense | 953,000,000 |
| Net income | 3,056,000,000 |
| Average equity | 16,000,000,000 |
| Return on equity % | 38% |
| Overhead ratio % | 65% |
| Corporate | |
| Noninterest revenue | 702,000,000 |
| Net interest income | 3,140,000,000 |
| Total net revenue | 3,842,000,000 |
| Provision for credit losses | 6,000,000 |
| Total noninterest expense | 732,000,000 |
| Income before income tax expense | 3,104,000,000 |
| Income tax expense | -284,000,000 |
| Net income | 3,388,000,000 |
| Average equity | 105,586,000,000 |
| Reconciling items to reported basis | |
| Noninterest revenue | -1,265,000,000 |
| Net interest income | -207,000,000 |
| Total net revenue | -1,472,000,000 |
| Income before income tax expense | -1,472,000,000 |
| Income tax expense | -1,472,000,000 |
JPM trailing twelve month income statement and cash flow
| Trailing twelve months ended June 30, 2026 | |
|---|---|
| Label | Trailing twelve months ended June 30, 2026 |
| Period start | 2025-07-01 |
| Period end | 2026-06-30 |
| Period type | trailing twelve months |
| Derivation | Full year 2025 as reported in the FY2025 Form 10-K (accession 0001628280-26-008131), plus the six months ended June 30, 2026, less the six months ended June 30, 2025, both as reported in the Form 10-Q for the quarter ended June 30, 2026 (accession 0001628280-26-054343). |
| Income statement | |
| Noninterest revenue | 99,570,000,000 |
| Net interest income | 99,838,000,000 |
| Total net revenue | 199,408,000,000 |
| Provision for credit losses | 13,080,000,000 |
| Total noninterest expense | 102,430,000,000 |
| Pre provision profit | 96,978,000,000 |
| Income before income tax expense | 83,898,000,000 |
| Income tax expense | 18,831,000,000 |
| Net income | 65,067,000,000 |
| Net income applicable to common stockholders | 63,634,000,000 |
| Total net revenue managed basis | 202,445,000,000 |
| Earnings per share diluted | 23.34 |
Adjustments
| Value | |
|---|---|
| Splits applied | none |
| ADR ratio | n/a |
| FX | n/a |
| Note | JPMorgan Chase reports in U.S. dollars, has had no stock split in the periods covered here, and its common stock is a domestic listing rather than an American depositary share, so no currency, split or depositary-ratio adjustment was applied. All figures are stated in actual dollars; the filings print them in millions. |
Notes
- This record covers exactly the periods the two filings behind it put on their face: fiscal years 2025, 2024 and 2023 from the FY2025 Form 10-K (accession 0001628280-26-008131), and the five quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025 from the Form 10-Q for the quarter ended June 30, 2026 (accession 0001628280-26-054343). The quarter ended March 31, 2025 is not presented in either filing and is therefore not reported here.
- All annual figures come from the FY2025 Form 10-K. Its consolidated statements of income, comprehensive income and cash flows present three years - 2025, 2024 and 2023 - so all three are reported.
- The 10-K's consolidated balance sheet presents only two dates, December 31, 2025 and December 31, 2024. For fiscal 2023 the balance sheet block therefore carries only the items the 10-K discloses for that date elsewhere on its face: the selected balance sheet data in the three-year summary of consolidated financial highlights (trading assets, investment securities, loans, total assets, deposits, long-term debt, common stockholders' equity and total stockholders' equity) and the December 31, 2023 equity component balances shown on the consolidated statements of changes in stockholders' equity. Line items such as total liabilities and the individual asset captions are not presented for 2023 in this filing and are therefore absent rather than estimated.
- The quarters ended June 30, 2026 and June 30, 2025 are read from the second-quarter 2026 Form 10-Q, which presents both three-month columns of the consolidated statements of income in full, the consolidated balance sheet at June 30, 2026, and segment results for both quarters in Note 25.
- That 10-Q's consolidated financial highlights present a five-quarter trend. For the quarters ended March 31, 2026, December 31, 2025 and September 30, 2025 the trend gives revenue, expense, provision, pre-tax income, tax, net income, per-share data, capital ratios, selected balance sheet items and credit metrics, but not a full income statement. The detailed income statement lines, the March 31, 2026 balance sheet, segment results, common equity Tier 1 capital and risk-weighted assets for those quarters are taken from the five-quarter trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026, accession 0001628280-26-048078), and each of those quarters records both accessions.
- No consolidated statement of cash flows is presented for a single quarter. The 10-Q presents cash flows only for the six months ended June 30, 2026 and June 30, 2025, and those are carried in the year-to-date block rather than being split across the quarters.
- Revenue is presented two ways in the filings. 'Total net revenue' is the reported U.S. GAAP figure that appears on the consolidated statements of income; 'total net revenue - managed basis' adds a fully taxable-equivalent adjustment (a $675 million adjustment in the second quarter of 2026 and $3.1 billion for the full year 2025) and is the basis on which the Firm reports its business segments. Both are carried here, and the reconciling items that bridge managed segment revenue back to the reported total are reported as their own line under the segment block.
- Pre-provision profit, tangible book value per share and return on tangible common equity are described by the filings as non-GAAP financial measures; they are reported here as the Firm states them.
- The second quarter of 2026 included a $4.6 billion net gain related to Visa shares in Corporate and $1.0 billion of gains on certain equity investments in Corporate and the Commercial & Investment Bank, both recorded in noninterest revenue. These are the Firm's own footnotes to the quarter's total net revenue.
- The 2024 figures include a $7.9 billion net gain related to Visa shares in total net revenue and a $1.0 billion contribution of Visa shares to the JPMorgan Chase Foundation in total noninterest expense, both recorded in the second quarter of 2024, per the 10-K's own footnotes. The 2025 provision for credit losses includes a $2.2 billion provision for lending-related commitments related to the Apple Card transaction, recorded in the fourth quarter of 2025.
- The capital measures the Firm published for June 30, 2026 in its July 14, 2026 earnings release were labelled estimated. The 10-Q now reports them as final, and this record uses the 10-Q's figures: common equity Tier 1 capital of $302,619 million (the release estimated $302,620 million), Standardized risk-weighted assets of $2,132,428 million (the release estimated $2,141,738 million), a Standardized CET1 capital ratio of 14.2% (estimated 14.1%) and a Standardized total capital ratio of 17.0% (estimated 16.9%).
- Capital ratios are reported on the Standardized approach, which is the series the Firm carries in its financial highlights; where the filings also disclose the Advanced approach ratio it is carried alongside. The 10-Q notes that as of June 30, 2026 the Advanced total capital ratio was more binding on the Firm than the Standardized total capital ratio, and that at each of March 31, 2026 and December 31, 2025 the Advanced risk-based ratios were more binding than the Standardized ones. As of January 1, 2025 the benefit from the Current Expected Credit Losses capital transition provision had been fully phased out; the 2024 and 2023 capital ratios reflected that transition provision.
- The Firm early adopted the enhanced supplementary leverage ratio final rule effective January 1, 2026, which replaced the previous static leverage buffers with dynamic buffers tied to the Firm's GSIB surcharge. The Firm's supplementary leverage ratio requirement for the quarter ended June 30, 2026 is 4.3%, against 5.0% for the year ended December 31, 2025.
- Net income applicable to common stockholders is the numerator the Firm's earnings per share are calculated on, and the Firm builds it in two steps. Net income less preferred stock dividends gives net income applicable to common equity - $20,847 million in the second quarter of 2026 - and deducting from that the dividends and undistributed earnings allocated to participating securities - $95 million in that quarter - gives net income applicable to common stockholders of $20,752 million. It is reported here for every period. For the quarters ended December 31, 2025 and September 30, 2025 it is taken from the earnings per share and related information table of the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed July 14, 2026, accession 0001628280-26-048078), which prints the line for each of the five quarters it presents.
- The trailing-twelve-month block is derived, not filed: it is the full year 2025 as reported in the 10-K, plus the six months ended June 30, 2026, less the six months ended June 30, 2025, both as reported in the 10-Q. Its diluted earnings per share is the sum of the four quarters' reported diluted earnings per share rather than a figure the Firm publishes.
Uncertainties
- No quarterly cash flow statement exists for any quarter in this record. The Firm presents cash flows only for the year in its 10-K and for the year-to-date period in its 10-Q, so the quarterly blocks carry no cash flow and the six-month cash flow statement is reported in the year-to-date block instead.
- Return on common equity and return on tangible common equity are stated by the Firm rounded to whole percentage points (for example 24% for the second quarter of 2026), so those values carry only that precision.
- The full-year 2023 balance sheet is partial, as described in the notes: only the items the FY2025 10-K discloses for December 31, 2023 are reported, because that filing's balance sheet does not present a 2023 column.
- For the quarters ended March 31, 2026, December 31, 2025 and September 30, 2025 the filings behind this record present only selected balance sheet data, not a full balance sheet, except at March 31, 2026 where the earnings release supplement's five-quarter trend does present one. The share counts that the Firm prints inside its balance sheet captions - treasury shares and preferred shares issued - are not given for March 31, 2026 in these filings and are absent for that quarter. The number of common shares issued is likewise not printed for March 31, 2026; the 4,104,933,895 shares carried at that date are the count the filings print as issued at both December 31, 2025 and June 30, 2026, and are consistent with the $4,105 million of $1 par value common stock the Firm reports at March 31, 2026.
- Segment average equity and segment total assets are presented by the Firm only for the current and prior-year quarters and for the full years; they are not given for the quarters ended March 31, 2026, December 31, 2025 and September 30, 2025, and are absent for those quarters.
Company details
| Value | |
|---|---|
| Name | Jpmorgan Chase & Co |
| Ticker | JPM |
| CIK | 0000019617 |
| Exchange | NYSE |
| State | New York |
| Incorporation | Delaware |
| SIC | 6021 |
| Office | Finance |
| Industry | National Commercial Banks |
Fiscal period
| FY2026 | |
|---|---|
| Fiscal year | 2026 |
| Fiscal period | Q2 |
| Tag | FY26Q2 |
| Period end | 2026-06-30 |
| Form | 10-Q |
| Accession | 0001628280-26-054343 |
| Fiscal year end | 1231 |
| Source | facts |
FAQ · JPMorgan Chase financial statements
How much did JPMorgan Chase earn in Q2 FY2026?
JPMorgan Chase reported net income of $21.16 billion for Q2 FY2026, the quarter ended June 30, 2026, or $7.70 per diluted share, up 41.2% from $14.99 billion a year earlier. Much of that increase came from a net gain on the exchange of the firm's Visa Class B shares and from gains on certain equity investments rather than from core banking operations.
What was JPMorgan Chase's revenue in Q2 FY2026?
JPMorgan Chase reported $57.35 billion in total net revenue, that is revenue net of interest expense, for Q2 FY2026, the quarter ended June 30, 2026, up 27.7% from $44.91 billion in the same quarter a year earlier. Net interest income supplied $25.51 billion of that total, up 9.9%, with the rest coming from noninterest revenue including the Visa exchange gain.
What is JPMorgan Chase's CET1 capital ratio?
JPMorgan Chase's Standardized Common Equity Tier 1 capital ratio was 14.2% at June 30, 2026, down 0.9 points from 15.1% a year earlier. The ratio thinned because risk-weighted assets grew faster than common equity tier 1 capital as the balance sheet expanded.
What is JPMorgan Chase's tangible book value per share?
JPMorgan Chase's tangible book value per share was $113.35 at June 30, 2026, up 9.6% from $103.40 a year earlier. Tangible book value per share is the measure most often used to track a bank's retained value per share over time.
Where can I get JPMorgan Chase & Co. (JPM) financial data in machine-readable form?
Ticker Scout publishes JPMorgan Chase & Co.'s financial statements as JSON at https://tickerscout.ai/jpm/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/jpm/narrative.md and https://tickerscout.ai/jpm/events.md. JPMorgan Chase & Co.'s SEC CIK is 0000019617. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does JPMorgan Chase & Co. (JPM) next file with the SEC?
JPMorgan Chase & Co. (JPM) is expected to file its next Form 10-Q with the SEC on or around November 3, 2026. That date is a projection rather than a company-announced date: it is derived from JPMorgan Chase & Co.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0001628280-26-054343.
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How this page was built
This page was built from three of JPMorgan Chase & Co.'s own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names five such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Built from JPMorgan Chase & Co.'s SEC filings by Ticker Scout; accession numbers are cited throughout so every figure can be checked against sec.gov. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.