The bank posted earnings of $5.94 per share, beating estimates of $5.45, while revenue rose 10% year-on-year to $50.54 billion, also above forecasts. Net income increased 13% to $16.49 billion.
Fixed income trading revenue jumped 21% to $7.08 billion, driven by higher activity across commodities, credit, currencies and emerging markets. Investment banking fees rose 28% to $2.88 billion, helped by stronger mergers advisory and equity underwriting activity.
Earnings were also supported by lower-than-expected provisions for credit losses. The bank set aside $2.5 billion, below estimates, with a release in consumer reserves partially offset by higher provisions for business loans.
Chief Executive Officer Jamie Dimon said the US economy remained resilient, supported by steady consumer and business spending. However, he cautioned that risks were building.
“There is an increasingly complex set of risks — such as geopolitical tensions and wars, energy price volatility, trade uncertainty, large global fiscal deficits and elevated asset prices,” Dimon said.
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The bank also lowered its full-year 2026 net interest income guidance to about $103 billion from $104.5 billion earlier.
Peers including Goldman Sachs have also reported strong results, while Citigroup, Wells Fargo, Bank of America and Morgan Stanley are set to report this week.
(Edited by : Sheersh Kapoor)
First Published: Apr 14, 2026 6:34 PM IST
