JPMorgan Chase (JPM) earnings Q3 2025

JPMorgan Chase It beat analysts’ estimates for third-quarter results on Tuesday, with commercial and investment banking reporting nearly $700 million more revenue than expected.

Here’s what the company reported:

• Earnings per share: $5.07 vs LSEG estimate of $4.84
• Revenue: $47.12 billion, compared to $45.4 billion expected

The bank said its profits rose 12% from a year earlier to $14.39 billion, or $5.07 per share. Revenue rose 9% to $47.12 billion.

So far this year, the largest American banks have benefited under President Donald Trump.

They generated higher trading income as shifts in trade policies shook markets around the world, forcing investors to reposition themselves. Investment bankers are busier as they take a more relaxed stance on mergers, and Trump’s bank regulators have suggested ways to ease capital requirements and stress tests.

Beyond that, stock indexes at or near record highs also bode well for banks’ asset management divisions, including JPMorgan. Goldman Sachs And Morgan Stanley.

As a result, major banks outperformed regional lenders; The KBW Banking Index is up about 15% this year, while the KBW Regional Banking Index is down about 1%.

Goldman, citigroup And Wells Fargo also report earnings on Tuesday Bank of America And Morgan Stanley We announce the results on Wednesday.

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