JPM · 10-Q · 2026Q2 · Full report
Corporate Revenue Performance
JPMORGAN CHASE & CO · 2026-08-06 · Importance 73 · Surprise 82 · No source text
Corporate net revenue increased to $6.046 billion in the second quarter of 2026 from $1.538 billion in the second quarter of 2025, while six-month net revenue increased to $7.261 billion from $3.842 billion. Quarterly noninterest revenue was $5.224 billion versus $49 million, primarily because of a $4.6 billion net gain related to Visa shares and $763 million of gains on certain equity investments. Quarterly net interest income declined 45% to $822 million, predominantly because of lower interest rates, while six-month net interest income declined 41% to $1.848 billion. Excluding the Visa and equity-investment gains, quarterly noninterest revenue declined $138 million and six-month noninterest revenue declined $602 million.
Key facts
- Corporate net income for the three months ended June 30, 2026 was $4,209 million, compared with $1,695 million in the prior year. source
- Net income for the three months ended June 30, 2026: $21,155 million; net income applicable to common stockholders: $20,752 million. source
- Net income for Commercial & Investment Bank for the three months ended June 30, 2026: $9,678 million. source
- Corporate noninterest revenue for the three months ended June 30, 2026 was $5,224 million (NM change vs prior period). source
- On June 25, 2026, Doug Petno and Troy Rohrbaugh were named Co-Presidents; Petno became sole CEO of CIB and Rohrbaugh became CEO of CCB; Marianne Lake retired. source
- Number of stock plan participants was 1,982 thousand as of June 30, 2026, compared with 1,594 thousand. source
- Corporate included $763 million of gains on certain equity investments in the three months ended June 30, 2026. source
- Basic earnings per share for the three months ended June 30, 2026: $7.71; diluted earnings per share: $7.70. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +4.4% | Corporate net income for the three months ended June 30, 2026 was $4,209 million, compared with $1,695 million in the prior year. |
| net_income | positive | realized | — | Net income for the three months ended June 30, 2026: $21,155 million; net income applicable to common stockholders: $20,752 million. |
| net_income | unclear | realized | — | Net income for Commercial & Investment Bank for the three months ended June 30, 2026: $9,678 million. |