JPM · 10-Q · 2026Q2 · Full report

Capital Return Program

JPMORGAN CHASE & CO · 2026-08-06 · Importance 75 · Surprise 60 · In source text

The firm repurchased $15.031 billion of common stock during the six months ended June 30, 2026, including $6.703 billion in the second quarter, compared with $15.063 billion and $7.500 billion, respectively, in the prior-year periods. On June 24, 2026, the Board authorized a new $50 billion common-share repurchase program effective July 1, 2026. The Board declared a $1.50-per-share quarterly dividend payable July 31, 2026, and announced its intent to increase the third-quarter dividend to $1.65 per share. Six-month dividends declared on common stock reduced CET1 capital by $8.100 billion, while net treasury-stock purchases reduced CET1 capital by $13.842 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-0.8%On June 24, 2026, the Board authorized a new $50 billion common share repurchase program, effective July 1, 2026.
cashnegativerealized-0.3%Treasury stock repurchased during the six months ended June 30, 2026: $15,113 million (Treasury stock repurchased line in financing…
cashnegativerealized-0.2%Dividends paid during the six months ended June 30, 2026: $8,716 million (cash dividends line in financing activities).
cashnegativecommitted—On June 24, 2026, the Board announced its intent to increase the quarterly common stock dividend to $1.65 per share for the third quarter…