News · Yahoo Finance

JPMorgan Has Returned 159% in Three Years. After Its First Miss Since 2023, Take Profits or Buy More?

JPMorgan's third-quarter EPS of $5.57 fell short of the roughly $5.90 consensus as noninterest expense rose 12% to $27.3 billion. Net interest income climbed 13% to $27.1 billion, and the bank raised its 2026 NII outlook to about $106.2 billion from $105.5 billion. Net buybacks fell to $664 million from $6.2 billion as Jamie Dimon prioritized franchise investment, while the quarterly dividend rose to $1.65. Bloomberg reported that Anthropic chose JPMorgan to lead the U.S. retail portion of its IPO. The author would hold rather than add, citing the pause in buybacks and the Street's $373 target, which implies only about 11% upside from the stock's current level.

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MarketUS stocks
SectorFinancials
IndustryDiversified Banks
Market cap$913.3B
Close on 10/30/2026337.11
Change that session-1.88%
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