JPMorgan Chase & Co. reported net income of $15.3 billion for the third quarter of 2026, representing diluted earnings per share of $5.57. This figure compares to net income of $14.4 billion, or $5.07 per share, in the same period of the prior year. On an adjusted basis, excluding a significant item, the firm reported net income of $15.8 billion, or $5.75 per share.
The firm reported total managed revenue of $50.9 billion, an increase of 8% compared to the third quarter of 2025. Net interest income was $27.1 billion, up 13% year-over-year. Noninterest revenue was $23.8 billion, up 3% year-over-year. Noninterest expense was $27.3 billion, up 12% year-over-year.
Regarding capital and credit metrics, the firm reported a return on common equity (ROE) of 17% and a return on tangible common equity (ROTCE) of 20%. The Basel III common equity Tier 1 (CET1) capital ratio was 13.9% on a standardized basis and 14.1% on an advanced basis. The firm’s total loss-absorbing capacity was $599 billion, and the supplementary leverage ratio was 5.5%. The provision for credit losses was $2.7 billion, with net charge-offs of $2.2 billion and a net reserve build of $539 million.
JPMorgan Chase’s Chief Executive Officer, Jamie Dimon, stated that the firm generated net income of $15.8 billion and a ROTCE of 21%, excluding discretionary investment securities losses totaling $498 million after tax. Dimon noted that each line of business performed well, with Commercial & Investment Banking (CIB) revenue increasing 14% and Asset & Wealth Management (AWM) revenue growing 14%. In the Consumer & Community Banking (CCB) segment, revenue rose 9%, and the firm ranked #1 in U.S. retail deposits for the sixth consecutive year.
The firm announced a common dividend of $4.4 billion, or $1.65 per share, and $664 million of common stock net repurchases. The firm’s book value per share was $132.30, up 6% year-over-year, and tangible book value per share was $112.64, up 7% year-over-year.
