JPMorgan Chase posts $15.3 billion third-quarter profit as revenue rises 8%
The nation's largest bank reported higher earnings than a year ago, led by gains in its investment banking and consumer units.
Published
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JPMorgan Chase earned $15.3 billion in the third quarter, up 6% from a year earlier, according to the bank's earnings materials filed with the Securities and Exchange Commission.
The New York-based lender released the results on Tuesday, Oct. 13, RTTNews reported.
Key figures
| Measure | 3Q 2026 | Change vs. 3Q 2025 | |---|---|---| | Net income | $15.3 billion | +6% | | Diluted earnings per share | $5.57 | +10% | | Reported net revenue | $50.2 billion | +8% | | Provision for credit losses | $2.7 billion | -19% |
Source: JPMorgan Chase financial supplement
Compared with the second quarter, net income fell 28% from $21.2 billion, and reported revenue was down 13%, according to the supplement.
Business lines
The filing shows year-over-year profit growth in each of the bank's three main segments:
- Commercial & Investment Bank: $8.2 billion, up 20%
- Consumer & Community Banking: $5.7 billion, up 13%
- Asset & Wealth Management: $1.8 billion, up 11%
The bank's estimated common equity tier 1 capital ratio, a key gauge of its financial cushion, was 13.9%, down from 14.2% in the prior quarter and 14.8% a year earlier, the supplement showed.
RTTNews reported that earnings per share rose from $5.07 in the year-ago quarter, while revenue climbed from $46.4 billion.
Sources
- JPMorgan Chase & Co. Form 8-K Exhibit 99.2: Earnings Release Financial Supplement, Third Quarter 2026, JPMorgan Chase & Co. (SEC EDGAR)
- JPMorgan Chase & Co. Q3 Profit Rises, RTTNews
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