JPMorgan Chase (JPM) Earnings: Q3 2026 Results and Next Report Date

Last updated November 2026

Short answer

JPMorganChase reported revenue of $50.2 billion for Q3 2026, up 8% from a year earlier (JPMorganChase, Oct 13, 2026). Diluted EPS was $5.57, up 10% from $5.07. Consumer & Community Banking brought in $21,171 million, up 9%. JPMorganChase next reports on January 14, 2027. Every figure is from JPMorganChase's release. Walnut is informational, not investment advice.

JPM Q3 2026 results

In one sentence

JPMorganChase reported revenue of $50.2 billion for Q3 2026, up 8% from a year earlier (JPMorganChase, Oct 13, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$50,172 million$46,427 millionup 8%
Diluted EPS (GAAP)$5.57$5.07up 10%
Diluted EPS (excluding a significant item)$5.75-n/a
Net income$15,305 million$14,393 millionup 6%

The quarter ended September 30, 2026 and JPMorganChase published the results on October 13, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. JPMorganChase reports EPS two ways: GAAP, under the accounting rules every US filer follows, and excluding a significant item, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Revenue on this page is JPMorganChase's reported total net revenue ($50,172 million). The line-of-business rows are on JPMorganChase's managed basis, which adds fully taxable-equivalent adjustments, so they sum to managed revenue of $50,907 million.
  • The adjusted EPS of $5.75 excludes one significant item JPMorganChase named: $658 million of net investment securities losses in Corporate, a $0.18 reduction in EPS.

Source: JPMorganChase Q3 2026 earnings release, October 13, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

JPM revenue by segment

How JPMorganChase splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Net revenue by line of business (managed basis)Q3 2026Q3 2025Change
Consumer & Community Banking$21,171 million$19,473 millionup 9%
Commercial & Investment Bank$22,734 million$19,878 millionup 14%
Asset & Wealth Management$6,909 million$6,066 millionup 14%
Corporate$93.0 million$1,703 milliondown 95%
Fully taxable-equivalent adjustments-$735 million-$693 millionn/a
  • JPMorganChase's Consumer & Community Banking revenue was $21.2 billion in Q3 2026, up 9% from $19.5 billion in Q3 2025, 42% of total revenue.
  • JPMorganChase's Commercial & Investment Bank revenue was $22.7 billion in Q3 2026, up 14% from $19.9 billion in Q3 2025, 45% of total revenue.
  • JPMorganChase's Asset & Wealth Management revenue was $6.9 billion in Q3 2026, up 14% from $6.1 billion in Q3 2025, 14% of total revenue.
  • JPMorganChase's Corporate revenue was $93.0 million in Q3 2026, down 95% from $1.7 billion in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

JPM recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$50,172 million$5.57Oct 13, 2026
Q2 2026
ended Jun 30, 2026
$57,347 million$7.70Jul 14, 2026
Q1 2026
ended Mar 31, 2026
$49,836 million$5.94Apr 14, 2026
Q4 2025
ended Dec 31, 2025
$45,798 million$4.63Jan 13, 2026
Q3 2025
ended Sep 30, 2025
$46,427 million$5.07Oct 14, 2025

Reported total net revenue and GAAP diluted EPS from each quarter's earnings release. Q2 2026 included a $4.6 billion net gain in Corporate on Visa Class C common stock; Q4 2025 included a $2.2 billion provision associated with the Apple Card transaction.

When does JPM report earnings next?

JPMorganChase's next report is scheduled for January 14, 2027. This page will show Q3 2026 until those results are out and have been checked against the release.

Past JPMorganChase quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Oct 13, 2026

What JPMorganChase's revenue is made of

JPMorganChase reported total net revenue of $50,172 million for Q3 2026, up 8% from $46,427 million a year earlier; on its managed basis revenue was $50,907 million. Net interest income was $27.1 billion, up 13%, and noninterest revenue was $23.8 billion, up 3%. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

JPMorganChase has three reportable business segments, Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB) and Asset & Wealth Management (AWM), with the remaining activities in Corporate. CCB is the consumer business; CIB and AWM are the wholesale businesses. (JPMorganChase Form 10-K, 2025, Feb 13, 2026)

CIB was the largest line in Q3 2026 at $22,734 million, up 14%. Markets revenue was $10.3 billion, up 15%: Equity Markets rose 49% to $5.0 billion, particularly in Prime and Derivatives, while Fixed Income Markets fell 4% to $5.4 billion. Investment Banking fees were $3.0 billion, up 14%, mainly on advisory fees, and Payments revenue was $5.6 billion, up 14%. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

CCB net revenue was $21,171 million, up 9%. Card Services & Auto rose 15% to $8,281 million on higher card balances and net yield and higher auto operating lease income, Banking & Wealth Management rose 6% to $11,673 million, and Home Lending fell 3% to $1,217 million on lower production revenue. AWM revenue rose 14% to $6,909 million on management fees, with assets under management of $5.2 trillion. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

Corporate pulled the total down. Its net revenue was $93 million against $1,703 million a year earlier, because it recorded $658 million of net investment securities losses (against $105 million of net gains a year earlier) and its net interest income fell $737 million, predominantly on lower rates. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

What JPMorganChase's EPS includes

JPMorganChase's diluted EPS was $5.57 in Q3 2026, against $5.07 a year earlier, on net income of $15,305 million. The bank also reports $5.75 per share excluding one significant item: $658 million of net investment securities losses in Corporate, which cut EPS by $0.18. Jamie Dimon cited the losses as $498 million after tax. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

Credit costs were $2.7 billion, down from $3.4 billion a year earlier, made up of $2.2 billion of net charge-offs and a $539 million net reserve build, primarily in Wholesale. Noninterest expense rose 12% to $27.3 billion, predominantly on compensation. The effective income tax rate was 24.0%, against 23.2%. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026; JPMorganChase Q3 2026 earnings release financial supplement, Oct 13, 2026)

Diluted average shares fell to 2,683.0 million from 2,767.6 million a year earlier. JPMorganChase slowed buybacks in the quarter: it repurchased 3.1 million shares for $1,057 million, against 28.0 million shares for $8,315 million in Q3 2025, and Dimon said it reduced repurchases in line with its capital hierarchy. The quarterly dividend rose to $1.65 per share from $1.50. (JPMorganChase Q3 2026 earnings release financial supplement, Oct 13, 2026; JPMorganChase Form 10-Q, Q3 2026, Nov 3, 2026; JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at JPMorganChase

JPMorganChase's earnings release and financial supplement contain no numeric outlook for revenue or EPS. In the release Jamie Dimon described large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditions as forces the bank is prepared for, without putting figures on them. (JPMorganChase Q3 2026 earnings release, Oct 13, 2026)

A consensus figure is the average of the models published by the analysts who cover JPMorganChase, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at JPMorganChase

The figures below are the ones JPMorganChase's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Return on tangible common equity (ROTCE)
20%, the same as a year earlier
21% excluding the investment securities losses; ROE 17%
CET1 capital ratio (Standardized)
13.9%, down from 14.8% a year earlier
Advanced ratio 14.1%; CET1 capital $304 billion
Net yield on interest-earning assets
2.48%, against 2.45% a year earlier
3.70% excluding Markets
Card Services net charge-off rate
2.91%
Debit and credit card sales volume up 10% year over year
Average loans and deposits
Loans up 10% and deposits up 8% year over year
Average loans $1.6T
Book value per share
$132.30, up 6% year over year
Tangible book value per share $112.64, up 7%

What the quarter means for a holding is a separate question from what it reported. The case for and against owning JPM is on is JPM a buy or a sell?, what analysts expect next is on the JPM forecast, and what the company does is on the JPMorgan Chase (JPM) stock page.

How to check JPM's figures yourself

Every number on this page can be traced to a document JPMorganChase published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about JPMorganChase

Ask Walnut's AI anything about JPM and see how it fits what you own.

FAQ

What was JPMorganChase's revenue last quarter?

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JPMorganChase reported revenue of $50,172 million for Q3 2026, the quarter ended September 30, 2026, against $46,427 million in Q3 2025 (up 8%). The figures come from JPMorganChase's results release of October 13, 2026.

What were JPM's earnings per share for Q3 2026?

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Diluted EPS was $5.57 on a GAAP basis, against $5.07 a year earlier. On JPMorganChase's excluding a significant item basis it was $5.75. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

When does JPM report earnings next?

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JPMorganChase's next report is scheduled for January 14, 2027. This page carries Q3 2026 until those results are out and checked against the release.

Where does JPMorganChase's revenue come from?

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JPMorganChase's Consumer & Community Banking revenue was $21.2 billion in Q3 2026, up 9% from $19.5 billion in Q3 2025, 42% of total revenue. JPMorganChase's Commercial & Investment Bank revenue was $22.7 billion in Q3 2026, up 14% from $19.9 billion in Q3 2025, 45% of total revenue. JPMorganChase's Asset & Wealth Management revenue was $6.9 billion in Q3 2026, up 14% from $6.1 billion in Q3 2025, 14% of total revenue. JPMorganChase's Corporate revenue was $93.0 million in Q3 2026, down 95% from $1.7 billion in Q3 2025, under 1% of total revenue. These are the lines of JPMorganChase's own "net revenue by line of business (managed basis)" table for Q3 2026.

How much did JPMorganChase's revenue grow last quarter?

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Up 8% on the year: $50,172 million in Q3 2026 against $46,427 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in JPMorganChase's business do not distort it.

What is the difference between JPMorganChase's GAAP and excluding a significant item EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. JPMorganChase's excluding a significant item EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $5.57 and $5.75. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the JPM numbers on this page come from?

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From JPMorganChase's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from JPMorganChase's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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