News · Yahoo Finance

JPMorgan profit rises 6% but misses third-quarter forecasts

JPMorgan Chase's third-quarter net income rose 6% to $15.3 billion, but earnings of $5.57 per share and revenue of $50.2 billion missed analyst forecasts. A $658 million loss on investment securities cut EPS by $0.18; excluding it, net income was $15.8 billion, or $5.75 per share. Managed revenue grew 8% to $50.9 billion, driven by net interest income up 13% to $27.1 billion and market revenue up 15%, though fixed-income trading revenue fell 4% while equity trading rose 49%. Consumer and community banking revenue rose 9% to $21.2 billion, with over 650,000 net new checking accounts, while non-interest expenses climbed 12% to $27.3 billion. CEO Jamie Dimon said client activity moderated somewhat, and warned that fiscal deficits, inflation, high asset prices, rising rates and geopolitics remain economic risks.

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Related tickers and likely impact

JPM

▼ Likely negative

JPMorgan Chase

Relevance: high

MarketUS stocks
SectorFinancials
IndustryDiversified Banks
Market cap$885.1B
Close on 10/12/2026334.30
Change that session+0.39%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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