JPMorgan Chase & Co. (NYSE:JPM) Posts Quarterly Earnings Results, Beats Expectations By $0.30 EPS

JPMorgan Chase & Co. (NYSE:JPM) issued its quarterly earnings data on Tuesday. The financial services provider reported $5.23 EPS for the quarter, beating analysts’ consensus estimates of $4.93 by $0.30, FiscalAI reports. JPMorgan Chase & Co. had a return on equity of 17.18% and a net margin of 20.90%.The business had revenue of $46.77 billion for the quarter, compared to analyst estimates of $45.98 billion. During the same quarter in the prior year, the firm posted $4.81 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis.

Here are the key takeaways from JPMorgan Chase & Co.’s conference call:

• Q4 results were strong with net income $13 billion, EPS $4.63 and ROTCE of 18%; full‑year (ex items) net income was $57.5 billion with ROTCE 20%, supporting capital generation despite a modest CET1 decline to 14.5%.
• The Apple Card transaction drove a $2.2 billion reserve build in Consumer & Community Banking and added roughly $23 billion of standardized RWA (about $110 billion advanced RWA initially), creating near‑term pressure on capital ratios.
• Business momentum was notable—CIB revenue rose ~10% YoY (equities up ~40%) and Asset & Wealth Management reported a 38% pre‑tax margin with strong net inflows of $52 billion in the quarter and record yearly client asset inflows of $553 billion.
• 2026 guidance calls for NII ex‑Markets ≈ $95 billion (total NII ≈ $103 billion) while forecasting adjusted expenses of about $105 billion, signaling meaningful investment‑driven expense growth that could pressure near‑term operating leverage.

JPMorgan Chase & Co. Stock Down 4.0%

Shares of JPM opened at $311.48 on Wednesday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86. The company has a 50-day simple moving average of $315.60 and a 200-day simple moving average of $304.99. JPMorgan Chase & Co. has a 52 week low of $202.16 and a 52 week high of $337.25. The firm has a market capitalization of $847.94 billion, a P/E ratio of 15.43, a P/E/G ratio of 1.59 and a beta of 1.07.

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Tuesday, January 6th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio is currently 29.72%.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 966 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $311.92, for a total transaction of $301,314.72. Following the transaction, the insider directly owned 58,479 shares in the company, valued at $18,240,769.68. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.47% of the stock is owned by corporate insiders.

Institutional Trading of JPMorgan Chase & Co.

Institutional investors have recently modified their holdings of the company. Viking Global Investors LP increased its position in shares of JPMorgan Chase & Co. by 86.1% during the second quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock valued at $1,171,826,000 after purchasing an additional 1,870,386 shares during the period. Two Sigma Investments LP boosted its stake in JPMorgan Chase & Co. by 311.3% during the third quarter. Two Sigma Investments LP now owns 800,703 shares of the financial services provider’s stock worth $252,566,000 after buying an additional 606,025 shares in the last quarter. AQR Capital Management LLC boosted its stake in JPMorgan Chase & Co. by 29.6% during the third quarter. AQR Capital Management LLC now owns 1,723,598 shares of the financial services provider’s stock worth $543,675,000 after buying an additional 393,777 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in JPMorgan Chase & Co. by 560.5% in the 3rd quarter. AustralianSuper Pty Ltd now owns 414,185 shares of the financial services provider’s stock valued at $130,646,000 after buying an additional 351,473 shares during the period. Finally, Invesco Ltd. raised its stake in shares of JPMorgan Chase & Co. by 2.3% in the 3rd quarter. Invesco Ltd. now owns 14,655,153 shares of the financial services provider’s stock valued at $4,622,675,000 after buying an additional 322,735 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Key JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Q4 beat: adjusted EPS and revenue topped expectations, driven by strong Markets trading and NII—this is the main fundamental reason investors are leaning constructive. JPM’s Q4 Earnings Beat Estimates on Solid Trading & NII, Weak IB Hurts
• Positive Sentiment: Analyst backing: Bank of America reiterated a Buy and raised its price target, a sign street support that can limit downside and attract buyers. Reiterating JPMorgan Buy
• Neutral Sentiment: Management view: Jamie Dimon reiterated a relatively upbeat outlook and the bank plans to increase tech/AI and payments investments—positive for long‑term competitiveness but means higher near‑term expenses. Dimon Bets on Tech and AI as Apple Card Buildout Begins
• Neutral Sentiment: Guidance: JPM outlined ~$95B NII (ex‑markets) and signaled expense growth as it funds strategic initiatives—supports top‑line durability but tempers near‑term margin upside. JPMorgan Chase outlines $95B NII ex-markets guidance
• Negative Sentiment: Investment‑banking weakness: fees fell short of forecasts and were a key reason the stock initially sold off, signaling potential pressure if markets/deal flow remain slow. JPMorgan shares slip on Q4 investment banking miss
• Negative Sentiment: Apple Card impact: the bank took a ~$2.2B one‑time charge/reserve tied to the Apple Card portfolio acquisition, denting reported profit and adding near‑term noise. JPMorgan profit falls on one-time Apple card deal charge
• Negative Sentiment: Policy/regulatory risk: management warned a proposed 10% credit‑card rate cap could shrink card economics and access to credit—this political risk is a credible headwind for card revenue. JPMorgan CFO warns credit card rate cap could hurt US consumers
• Negative Sentiment: Crypto/regulatory stance: the CFO called yield‑paying stablecoins “dangerous,” signaling potential friction as JPM expands crypto/payments offerings; regulatory headlines can pressure fintech exposure. Stablecoin yields create ‘dangerous’ parallel bank system
• Negative Sentiment: Market reaction: futures and broader financial shares pulled back after the mixed print and regulatory headlines—JPM remains a heavy index weight, so its swings move sentiment. Stock Market News Today, 1/14/26 – U.S. Stock Futures Slip

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Loop Capital set a $310.00 price target on JPMorgan Chase & Co. in a report on Thursday, October 23rd. Wall Street Zen downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Saturday. Evercore ISI raised their target price on shares of JPMorgan Chase & Co. from $309.00 to $330.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Dbs Bank raised shares of JPMorgan Chase & Co. to a “hold” rating in a research report on Tuesday, October 21st. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of JPMorgan Chase & Co. in a report on Monday, December 22nd. Fifteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of “Hold” and a consensus target price of $333.90.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.