JPMorgan Chase & Co. (JPM) reported third-quarter 2026 net revenue of $50.2 billion, up 8% year over year, and net income of $15.3 billion, up 6%; diluted earnings per share were $5.57, up 10%. For the first nine months, revenue was $157.4 billion, up 15%, and net income was $53.0 billion, up 20%.
Third-quarter net interest income rose 13% to $27.0 billion; noninterest expense rose 12% to $27.3 billion, mainly reflecting higher compensation, brokerage expense, technology and marketing investment. The provision for credit losses was $2.7 billion, versus $3.4 billion a year earlier, and the allowance for credit losses was $32.0 billion at September 30, 2026. The quarter included $658 million of net investment securities losses.
Management expects fourth-quarter net interest income of approximately $28 billion and adjusted expense of approximately $27.5 billion, market dependent. Full-year net interest income and adjusted expense are expected to be approximately $106.2 billion and $108.6 billion, respectively, also market dependent. The firm’s forward purchase commitment to acquire the Apple credit card portfolio has a closing expected approximately 24 months after December 30, 2025.
JPMorgan Chase & Co. closed public offerings on October 20, 2026, of $350 million aggregate principal amount of Floating Rate Notes due 2030, $2.9 billion aggregate principal amount of Fixed-to-Floating Rate Notes due 2030, and $3.75 billion aggregate principal amount of Fixed-to-Floating Rate Notes due 2037. The offerings were registered under a Form S-3 registration statement.
JPMorgan Chase & Co. director Stephen B. Burke reported a 30,000-share gift of common stock on October 14, 2026, contributed to a non-profit organization. After the gift, his reported direct position was 179,167 shares. A separate indirect position through a GRAT was 55,245 shares.
JPMorgan Chase & Co. (JPM) reported third-quarter 2026 net income of $15.3 billion, up 6% year over year, and managed revenue of $50.9 billion, up 8%. Net interest income was $27.1 billion, up 13%, while noninterest revenue was $23.8 billion, up 3%; diluted EPS was $5.57. Expenses were $27.3 billion, up 12%, and credit costs were $2.7 billion, compared with $3.4 billion a year earlier.
The firm identified $658 million of net investment securities losses in Corporate as a significant item. Excluding it, third-quarter net income was $15.8 billion, diluted EPS was $5.75 and ROTCE was 21%, compared with reported ROTCE of 20%. Average loans were $1.6 trillion, up 10%, and average deposits were $2.7 trillion, up 8%. Standardized and advanced CET1 capital ratios were 13.9% and 14.1%. Full-year 2026 implied figures were $97.2 billion of net interest income excluding Markets, $106.2 billion of net interest income and $108.6 billion of adjusted expense.
JPMorgan Chase & Co. reported third-quarter 2026 net income of $15.305 billion, or $5.57 per diluted share, compared with $14.393 billion and $5.07 a year earlier. Reported total net revenue was $50.172 billion, up 8% year over year, while net interest income was $27.036 billion, up 13%.
From second-quarter 2026, net income declined 28% and reported revenue declined 13%. Second-quarter revenue included a $4.6 billion net gain related to Visa Class C common stock and $1.0 billion of gains on certain equity investments. Third-quarter provision for credit losses was $2.743 billion, down 19% year over year; the standardized CET1 capital ratio was 13.9%.
The board declared a quarterly common dividend of $1.65 per share on September 15, 2026, up 10% from the previous quarter, and authorized a new common-share repurchase program of up to $50 billion, effective July 1, 2026. Chase will become Apple Card's new issuer, and JPMorgan Chase & Co. entered a forward purchase commitment to acquire the card portfolio on December 30, 2025, with closing expected approximately 24 months later.
JPMorgan Chase & Co. director Phebe N. Novakovic acquired 121 shares of common stock on September 30, 2026, through deferral of a quarterly retainer, payable in common stock following termination of service as director. The reported price was $330.83 per share; her direct holdings following the transaction were 13,762 shares. She also reported 45 shares held indirectly by her spouse.
JPMorgan Chase & Co. (JPM) director Virginia M. Rometty acquired 121 shares of common stock on September 30, 2026, at a reported price of 330.8300 per share. Her directly held position after the transaction was 15,219 shares. The shares relate to deferral of a quarterly retainer, payable in common stock following termination of service as director.
JPMorgan Chase & Co. director Mellody L. Hobson reported acquiring 136 shares of common stock on September 30, 2026, at a reported price of $330.83 per share. The acquisition relates to the deferral of a quarterly retainer, payable in common stock following termination of service as director. Her direct holdings following the transaction were 30,211 shares. A separate holding lists 124,155 shares indirectly through The GWL Living Trust.
JPMorgan Chase & Co. director Stephen B. Burke reported an acquisition of 170 shares of common stock on September 30, 2026. The shares relate to deferral of a quarterly retainer, payable in common stock following termination of service as director.
JPMORGAN CHASE & CO (JPM) reported that Robin Leopold, Head of Human Resources, sold 2,500 shares of common stock on September 10, 2026 at $352.8106 per share in an open-market or private transaction under a Rule 10b5-1 trading plan, leaving 71,047 shares held directly plus 9,201 shares held indirectly through GRAT structures.