JPM · 10-Q · 2026Q2 · Full report

Net Interest Income Trends

JPMORGAN CHASE & CO · 2026-08-06 · Importance 49 · Surprise 32 · Contradicted

Managed net interest income increased 9% year over year to $51.1 billion for the six months ended June 30, 2026, while second-quarter managed net interest income increased 10% to $25.6 billion. Excluding Markets, first-half net interest income rose 4% to $47.0 billion as average interest-earning assets increased 5% to $2.57 trillion, while the net yield declined to 3.69% from 3.75%. Markets net interest income increased to $4.1 billion in the first half from $1.3 billion, and Markets average interest-earning assets increased to $1.64 trillion from $1.32 trillion. CCB net interest income rose 5% year over year to $29.8 billion in the first half, primarily because higher Card Services revolving balances increased Card Services net interest income.

Key facts

• For the six months ended June 30, 2026, net interest income was $50,877 million versus $46,482 million for the six months ended June 30, 2025. source
• Interest income was $50,624 million and interest expense was $25,113 million for the three months ended June 30, 2026, producing net interest income of $25,511 million. source
• Net interest income for the three months ended June 30, 2026: $25,511 million, versus $23,209 million in the prior-year period source
• Net interest income excluding Markets for the three months ended June 30, 2026: $23,677 million source
• Net interest income (reported) for the six months ended June 30, 2026: $50,877 million. source
• Net interest income — three months ended June 30, 2026: $25,511 million; Net interest income — six months ended June 30, 2026: $50,877 million. source
• Net interest income after provision for credit losses — three months ended June 30, 2026: $22,996 million; six months ended June 30, 2026: $45,855 million. source
• Net interest income (reported) for the three months ended June 30, 2026: $25,511 million. source

Impact estimates