JPMorgan Chase reported third-quarter net income of $15.3 billion, or $5.57 per share, with a 20% return on tangible common equity. Revenue rose 8% year over year to $50.9 billion, driven mainly by markets, deposits and asset management fees; excluding $658 million of investment securities losses, revenue grew 9%. Expenses climbed 12% to $27.3 billion, and credit costs totaled $2.7 billion. Card spending rose 10%, deposits grew 4% and client investment assets surpassed $1.4 trillion, while the bank cut share buybacks to prioritize organic growth. Management expects about $28 billion in fourth-quarter total net interest income but is becoming more selective on credit underwriting.
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Related tickers and likely impact
JPM
• NeutralJPMorgan Chase
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $885.1B |
| Close on 10/12/2026 | 334.30 |
| Change that session | +0.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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