JPMorgan Posts Record Q2 2026: Net Income Hits $21.2B on $58B Revenue, ROE Reaches 24%

summarizeSummary

JPMorgan Chase reported Q2 2026 net income of $21.2 billion ($7.70 per share), a 41% year-over-year increase, on record managed revenue of $58.0 billion. Broad-based strength, especially in the CIB, drove the results, which also included significant one-time gains.

check_boxKey Events · Earnings and Guidance · JPM

• Record Q2 Earnings

  Net income reached $21.2 billion, or $7.70 per share, up 41% year-over-year. Excluding significant items, net income was $16.9 billion, or $6.14 per share.

• Revenue Hits All-Time High

  Managed revenue climbed 27% year-over-year to $58.0 billion, with every line of business setting a record. CIB revenue rose 27% to $24.9 billion, driven by a 35% jump in Markets and a 30% increase in IB fees.

• Strong Capital Returns

  Shareholders received $10.2 billion: $4.0 billion in common dividends ($1.50 per share) and $6.2 billion in net share repurchases. The CET1 ratio remained strong at 14.1%.

• One-Time Gains Boost Results

  Results included a $4.6 billion net gain related to Visa shares and $1.0 billion in gains on certain equity investments, adding $1.56 to EPS.

auto_awesomeAnalysis · JPM · Finance

A blowout quarter saw net income surge 41% to $21.2 billion, fueled by record revenue across every business line. The results included a $4.6 billion Visa gain and $1.0 billion in equity investment gains, but even stripping those out, underlying earnings remained powerful. Leading the charge, the Commercial & Investment Bank delivered a 27% revenue jump, propelled by a 35% surge in Markets revenue and a 30% increase in investment banking fees. Consumer & Community Banking and Asset & Wealth Management also posted solid growth. The firm returned $10.2 billion to shareholders through dividends and buybacks, while its CET1 ratio stayed robust at 14.1%. Trading near its 52-week high, the stock reflects the market's bullish take on the bank's performance and outlook.