JPMorgan Chase's second quarter 2026 revenue of $58.0B beat by 15% as EPS grew 47% YoY, aided by significant gains.

JPMorgan Chase reported second quarter 2026 managed revenue of $58.0 billion, a 27% increase year-over-year, and net income of $21.2 billion. This resulted in a diluted EPS of $7.70, up 47% from the prior year. The quarter's results included significant pre-tax gains of $4.6 billion related to Visa shares and $1.0 billion from other equity investments, which added $1.56 to the reported EPS.

Key Highlights

• Investment Banking fees demonstrated a strong recovery, increasing 30% year-over-year to $3.3 billion, driven by strength across all products and particularly in equity underwriting.
• The Commercial & Investment Bank (CIB) was a key driver, with Markets revenue surging 35% YoY to $12.1 billion, led by an 86% increase in Equity Markets revenue.
• Net Interest Income (NII) grew 10% from the prior year to $25.6 billion, reflecting higher deposit and loan balances, which was partially offset by the impact of lower rates.
• The firm returned a total of $10.2 billion to shareholders in the quarter, consisting of a $4.0 billion common dividend and $6.2 billion in net common stock repurchases.