JPMorgan Chase reported second-quarter 2026 net income of $16.9 billion excluding significant items, up from $14.9 billion a year earlier, and raised its full-year guidance for net interest income and adjusted expenses. Managed revenue surged 27% to $58.0 billion, or 15% when excluding a $4.6 billion gain from Visa shares and $1.0 billion in equity investment gains, driven by record performance across all lines of business. Investment banking fees grew 30% to $3.3 billion, equity markets revenue jumped 86% to $6.0 billion, and asset and wealth management revenue rose 19% to $6.9 billion, with assets under management reaching $5.1 trillion. The bank increased its full-year net interest income excluding Markets guidance to approximately $96.5 billion and total NII to about $105.5 billion, while adjusted expense guidance was raised to roughly $107.5 billion due to higher volume and revenue-related costs. Chairman and CEO Jamie Dimon noted that the environment is "getting close to as good as it gets" but cautioned about risks including geopolitical tensions, sticky inflation, and elevated asset prices, while the board intends to raise the quarterly dividend to $1.65 per share.
JPMorgan Chase & CoRecord revenue, raised guidance, and dividend increase.
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