JPMorgan Chase reported third quarter 2026 results featuring significant revenue growth and resilient net interest income, though earnings per share fell short of analyst estimates. Managed revenue of $50.9 billion grew 8% year-over-year, while reported net income of $15.3 billion was impacted by $658 million in net investment securities losses, which reduced EPS by $0.18.
Key Highlights
- Net interest income reached $27.1 billion, a 13% year-over-year increase, driven by higher deposit balances and card services volume.
- Credit quality remained stable with a $2.7 billion provision for credit losses, down from $3.4 billion in the prior year quarter.
- Equity Markets revenue surged 49% to $5.0 billion, helping Markets & Securities Services achieve 13% total growth.
- Tangible book value per share rose 7% year-over-year to $112.64, while the Firm maintained a 13.9% Standardized CET1 capital ratio.