JP Morgan Chase & Co. (JPM) earnings date & stock reaction
JPM · JP Morgan Chase & Co. · Financials
“Expenses of $27.3 billion were up 12% year-on-year, largely driven by higher volume and revenue-related expense, as well as front office hiring and wage inflation.”
“We are tightening up a little bit on credit. I think some of the credit terms have gotten a little bit loose.”
- ▲Growth in Asset and Wealth Management
- AWM revenue rose 14% YoY to $6.9 billion.
- Client assets grew 15% YoY to $7.9 trillion.
- ▲Strong Markets and IB Performance
- CIB revenue increased 14% YoY to $22.7 billion.
- Equities revenue surged 49% YoY driven by strong performance in derivatives.
- ▲Resilient Consumer Banking
- CCB revenue grew 9% YoY to $21.2 billion.
- Debit and credit card spending grew 10% YoY, reflecting sustained consumer demand.
- ▼Expense growth outpacing revenue
- Noninterest expenses rose 12% YoY to $27.3 billion, exceeding the 8% revenue growth.
- Higher compensation and front-office hiring contributed to the expense pressure.
- ▼Decline in capital ratios
- The CET1 ratio fell to 13.9% from 14.2% in the previous quarter.
- RWA growth and capital distributions offset the impact of net income.
- ▼Uncertainty from market volatility
- Standardized RWA increased by $52 billion due to market volatility and energy prices.
- Extended high-rate cycles pose risks to future consumer credit health.
Price after the latest report
JP Morgan Chase & Co. (JPM) rose the day after earnings in 4 of its last 12 reports (33%), moving ±2.4% on average. It has fallen despite beating the consensus estimate 5 times.
Even when EPS beat expectations, the stock fell 5 of the last 9 times. The number alone doesn't move it.
When results drop, check the metric above vs last quarter and whether guidance beats expectations.
The real bar for this stock
Beating estimates isn't enough. Here's where the real surprise started.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
5/9 beats fell next day · watches NII guidance · trading · capital return
- Sep 2026 report-0.1%
- Jun 2026 report+2.5%
- Mar 2026 report-0.8%
- Dec 2025 report-4.2%
- Sep 2025 report-1.9%
- Jun 2025 report-0.7%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 9/2026 | 2026-10-13 | -3.2% | -0.1% | — |
| 6/2026 | 2026-07-14 | +5.9% | +2.5% | +1.3% |
| 3/2026 | 2026-04-14 | +7.8% | -0.8% | +1.1% |
| 12/2025 | 2026-01-13 | -3.9% | -4.2% | -6.7% |
| 9/2025 | 2025-10-14 | +4.0% | -1.9% | -1.8% |
| 6/2025 | 2025-07-15 | +10.6% | -0.7% | +0.8% |
12 reports, quarters ending 12/2023 to 9/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next JP Morgan Chase & Co. earnings date?
The next JP Morgan Chase & Co. (JPM) earnings report is expected Thu, January 14 around 8:00 AM ET, before the open. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
Does JP Morgan Chase & Co. (JPM) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 4 of them (33%). The average move on earnings day was ±2.4%.
Does JP Morgan Chase & Co. react more to the earnings numbers or to guidance?
In 5 of the last 12 reports (42%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can JP Morgan Chase & Co. stock fall even when earnings are good?
Yes. In 5 of the last 12 reports, JP Morgan Chase & Co. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does JP Morgan Chase & Co. stock keep moving after the earnings day?
Over the last 11 reports, the move continued in the same direction for the following five trading days 36% of the time. This tendency is known as post-earnings announcement drift.