JPM · 10-Q · 2026Q2

JPMORGAN CHASE & CO

Filed 2026-08-06 · Financials · View original filing on EDGAR

Ranked Events

• Income Tax Rate ChangesImportance 87 · Surprise 82
  The second-quarter 2026 effective tax rate increased to 23.1% from 18.0%, raising income tax expense to $6.4 billion from $3.3 billion on pretax income of $27.5 billion. The quarterly rate increase was primarily caused…
• Guidance / OutlookImportance 75 · Surprise 60
  On July 14, 2026, management provided full-year 2026 guidance in connection with the second-quarter earnings announcement. Net interest income is expected to be approximately $105.5 billion, including approximately…
• Capital Return ProgramImportance 75 · Surprise 60
  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…
• Corporate Revenue PerformanceImportance 73 · Surprise 82
  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…
• Strategic Financing InitiativeImportance 69 · Surprise 64
  Securities sold under agreements to repurchase increased to $692.1 billion at June 30, 2026 from $433.2 billion at December 31, 2025, driven by Markets’ higher client-driven market-making activity and secured financing…
• Outstanding IndebtednessImportance 69 · Surprise 64
  Total short-term secured funding increased 53.6% to $765.0 billion at June 30, 2026 from $498.0 billion at December 31, 2025, primarily because Markets required more financing for client-driven market-making and…
• Credit Market ExposureImportance 66 · Surprise 40
  JPMorgan sold protection on $717.008 billion of credit derivatives at June 30, 2026, up from $628.130 billion at December 31, 2025, an increase of approximately 14%. Protection sold included $567.452 billion…
• Liquidity and Cash PositionImportance 66 · Surprise 40
  At June 30, 2026, JPMorganChase reported approximately $956 billion of eligible high-quality liquid assets and $541 billion of unencumbered marketable securities, providing approximately $1.5 trillion of liquidity…
• Securities Financing ExpansionImportance 64 · Surprise 56
  Gross securities purchased under resale agreements increased to $763.996 billion at June 30, 2026, from $618.516 billion at December 31, 2025, while gross securities sold under repurchase agreements increased to…
• Mortgage Origination GrowthImportance 64 · Surprise 56
  Firmwide mortgage origination volume increased 30% year over year to $21.2 billion in the second quarter and 38% to $37.8 billion for the first six months. Consumer & Community Banking retail originations increased to…
• International Banking Market GrowthImportance 64 · Surprise 56
  Commercial & Investment Bank international net revenue increased 31% year over year to $20.4 billion for the six months ended June 30, 2026, while North America revenue increased 18% to $27.8 billion. Europe/Middle…
• Level 3 Fair Value AssetsImportance 63 · Surprise 64
  JPMorganChase reported that Level 3 assets increased to $30.0 billion at June 30, 2026, up $1.9 billion from March 31 and $4.9 billion from December 31, 2025, primarily because of gains, purchases and net transfers in…
• Wealth Management GrowthImportance 60 · Surprise 40
  Asset & Wealth Management net revenue increased 15% year over year to $13.2 billion for the six months ended June 30, 2026, while net income increased 22% to $3.7 billion. Asset Management revenue increased 19% to $6.4…
• Revenue Performance and MixImportance 60 · Surprise 48
  Second-quarter 2026 total net revenue was $57.3 billion, up 28% from $44.9 billion in the second quarter of 2025, while six-month revenue was $107.2 billion, up 19% year over year. Noninterest revenue increased 47% to…
• Derivatives Market ActivityImportance 59 · Surprise 48
  Total derivative notional amounts increased to $65.8 trillion at June 30, 2026 from $50.6 trillion at December 31, 2025, a 29.9% increase. Interest-rate contract notionals rose 32.0% to $39.0 trillion, while…
• Fair Value ExposureImportance 59 · Surprise 48
  Assets measured at fair value totaled $2.257 trillion at June 30, 2026, including $33.732 billion of level 3 assets, against total Firm assets of $5.015 trillion. Recurring fair-value assets increased to $2.252…
• Regulatory RiskImportance 59 · Surprise 60
  In March 2026, the Federal Reserve, OCC and FDIC proposed replacing the dual Basel III Advanced and Standardized RWA calculations with a single expanded risk-based approach and adding operational-risk RWA; JPMorgan…
• Markets and Securities Services ActivityImportance 59 · Surprise 48
  Markets and Securities Services revenue increased 26% year over year to $26.6 billion for the six months ended June 30, 2026, from $21.2 billion. Markets revenue increased 27% to $23.6 billion, led by Equity Markets…
• Apple Card TransactionImportance 59 · Surprise 60
  On January 7, 2026, JPMorganChase announced that Chase would become the new issuer of the Apple Card. The Firm entered into a forward purchase commitment on December 30, 2025 to acquire the Apple credit-card portfolio,…
• Capital Adequacy and RequirementsImportance 55 · Surprise 32
  At June 30, 2026, standardized CET1 capital was $302.619 billion and the standardized CET1 ratio was 14.2%, compared with 14.6% at December 31, 2025, against an 11.5% requirement. Standardized risk-weighted assets…

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