JPMorgan reported adjusted EPS of $5.75, missing the $5.94 consensus by 3.2%, and revenue of $50.17 billion, 3.9% below the $52.21 billion estimate. Management prioritized organic investment over buybacks, repurchasing a net $664 million of common stock in the quarter, with excess capital of about $30 billion and a 13.9% standardized CET1 ratio. The bank projected 2027 net interest income excluding Markets of about $107 billion and fourth-quarter expenses of about $27.5 billion. Credit costs were $2.7 billion, including a $539 million reserve build that management attributed mainly to new lending rather than weaker borrowers. Commercial & Investment Bank revenue rose 14% to $22.7 billion, while Consumer & Community Banking revenue grew 9% to $21.2 billion.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
JPM
• NeutralJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/13/2026 | 331.43 |
| Change that session | -0.86% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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