JPM
FY2026 Q2 · Calendar Q3 2026
JPMorgan Chase & Co.
JPMorgan Chase delivered a decisive Q2 2026 beat, with EPS of $7.59 (36% above consensus) and revenue of $57.3B (13% above estimates). Growth was led by markets, investment banking, and asset & wealth management. Management raised full-year NII ex-Markets guidance to $96.5B, citing higher deposit balances and a favorable mix shift. The firm is investing aggressively in AI (approximately 1,000 use cases, 50 high-impact projects), international expansion, and capital deployment, while flagging regulatory uncertainty around Basel III endgame and rising operating expenses as key watchpoints. The stock rose 2.5% on the report and drifted an additional 3.9% higher in subsequent sessions. Compared with Q1 2026, where guidance was maintained and bullish sentiment scored 75, this quarter marks a clear step up: guidance raised, bullish score at 78, and capex outlook shifting to increasing.
EPS surprise+35.8%
Market move+2.5%
