JPM · Full Picture

JPMORGAN CHASE & CO — the full picture

Earnings window · 2026-05-01 to 2026-08-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Net Interest Income Trends · Interest ratesPriority 96
    +144.9% revenue (realized); 4 sources (news, press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    Firm expects FY2026 net interest income excluding Markets of ~$96.5B, market dependent
  2. Provision for Credit Losses · Credit losses & provisionsPriority 95
    -104.8% net_income; 3 sources (news, press_release, sec_filing); 7 forward row(s); structured_verified
    JPMorgan Chase & Co. projected provision for credit losses of $95.6 billion for 1Q26–1Q28.
  3. Operating Expense Trends · Operating expenses (SG&A)Priority 93
    -16.1% operating_income (realized); 4 sources (news, press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    New adjusted expense outlook for full year 2026: about $107.5 billion.
  4. Revenue Performance and Mix · Revenue growth & mixPriority 93
    +1.9% revenue; 4 sources (news, press_release, sec_filing, transcript); 3 forward row(s); structured_verified
    Firmwide net revenue up 27% or up 15% excluding significant items
  5. Credit Card Portfolio · UnclassifiedPriority 91
    +37.2% assets (realized); 3 sources (press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    Firm expects FY2026 Card Services NCO rate of ~3.2%
  6. Capital Ratios and RWA · UnclassifiedPriority 88
    -1.1% assets; 4 sources (news, press_release, sec_filing, transcript); 3 forward row(s); structured_verified
    Basel III Standardized RWA for JPMorgan Chase & Co. were $1,982 billion in actual 4Q25 and projected $2,089 billion in 1Q28.
  7. Net Income and EPS Performance · Operating income & profitabilityPriority 88
    +25.2% revenue (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Second-quarter 2026 net income: $21.2 billion ($7.70 per share)
  8. Payments and Deposit Growth · UnclassifiedPriority 88
    +30.6% assets (realized); 3 sources (press_release, sec_filing, transcript); structured_verified
    Average deposits for three months ended March 31, 2026: $2,602,884 million; for three months ended March 31, 2025: $2,430,305 million
  9. Commercial & Investment Bank Performance · UnclassifiedPriority 86
    +10.8% revenue (realized); 3 sources (news, press_release, sec_filing); 1 forward row(s); structured_verified
    CIB net income of $9.7B in 2Q26, revenue of $24.9B up 27% YoY, ROE 22% and overhead ratio 46%
  10. Noninterest Revenue Drivers · UnclassifiedPriority 86
    +26.1% revenue (realized); 2 sources (press_release, sec_filing); structured_verified
    Second-quarter 2026 noninterest revenue: $32.4 billion, up 45% (or up 20% excluding significant items)
  11. Credit Provided and Capital Raised · UnclassifiedPriority 85
    +34.7% assets (realized); 3 sources (news, press_release, sec_filing); 1 forward row(s); structured_verified
    Approximately $1.9 trillion of credit and capital raised year-to-date, comprised of $160 billion for consumers, $17 billion for U.S. small businesses, $1.7 trillion for corporations and non-U.S. government entities, and $52 billion for nonprofit and U.S. government entities
  12. Significant Items (Visa & Equity Gains) · UnclassifiedPriority 83
    +9.1% operating_income (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Firm significant items in 2Q26: $4.6 billion net gain related to Visa shares and $1.0 billion of gains on certain equity investments

Threads by pillar

Revenue & Demand Priority 97 · 13 threads

Costs & Margins Priority 99 · 19 threads

Capital & Balance Sheet Priority 98 · 21 threads

Strategy & Portfolio Priority 89 · 20 threads

Legal, Regulatory & Policy Priority 84 · 11 threads

Guidance & Outlook Priority 75 · 5 threads

Macro & Market Conditions Priority 99 · 21 threads

Management & Governance Priority 78 · 14 threads

Shareholders & Street Priority 63 · 12 threads

Unclassified Priority 100 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
net_income-251.4%+276.4%+30.0%
operating_income+268.8%+269.4%+25.7%
revenue+138.5%+138.5%+347.9%
assets+49.8%+52.0%+146.5%
liability-2.8%+2.8%-38.3%
cash-1.6%+2.2%-23.5%
margin-0.8%+0.8%—