JPMorgan Chase & Co. (NYSE: JPM) reported its first quarter 2026 earnings results today.
Reported net revenue increased 10% year-over-year to $49.8 billion.
Net income was $16.5 billion, up 13% from last year. Earnings per share grew 17% to $5.94.
Average loans were up 11% YoY while average deposits were up 7% YoY.
“The US economy remained resilient in the quarter, with consumers still earning and spending and businesses still healthy. Several tailwinds are supporting this resiliency, including increased fiscal stimulus, the benefits of deregulation, AI-driven capital investment and the Fed’s asset purchases. At the same time, 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. While we cannot predict how these risks and uncertainties will ultimately play out, they are significant and they reinforce why we prepare the Firm for a wide range of environments.” – Jamie Dimon, Chairman and CEO