JPMorgan reported the second most profitable quarter in history. What about the stock?

One of the largest Wall Street banks JPMorgan Chase reported the second best quarter in terms of profit in the company's history, the Financial Times noted - the bank benefited from the market excitement amid the war in the Middle East and the U.S. military operation in Venezuela, the newspaper points out.

In addition, the bank recorded record quarterly revenue of $11.6 billion from trading operations in the first quarter of 2026. This is 20% more than a year earlier: the revenue grew both in the division of the bank, focused on trading in stocks, and in the segment, which deals with operations with bonds, currencies and commodities - all areas showed results above the expectations of analysts, Bloomberg writes.

JPMorgan Chase's net interest income for the first three months of 2026 rose 9% to $25.4 billion. However, the investment bank lowered its full-year forecast for this indicator to $103 billion - at this level the estimate of JPMorgan's net interest income was before the update of information for investors in February. At that time, JPMorgan said it expected to generate about $104.5 billion in net interest income in 2026.

JPMorgan shares were down 1.2% at the premarket on April 14. Since the beginning of the year they fell by 2.6%.

The news is being updated

This article was AI-translated and verified by a human editor