Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025.
Cyril Marcilhacy | Bloomberg | Getty Images
JPMorgan Chase on Tuesday topped analysts’ second-quarter estimates on better-than-expected revenue from fixed income trading and investment banking.
Here’s what the company reported:
- Earnings: $5.24 a share, may not compare with $4.48 a share LSEG estimate
- Revenue: $45.68 billion vs $44.06 billion estimate
The bank said that earnings fell 17% to $14.9 billion, or $5.24 a share, from the year-earlier period, when it posted a $7.9 billion gain on Visa shares. Even when backing out a $774 million income tax benefit that boosted per share earnings by 28 cents, JPMorgan topped estimates for second quarter 2025 profit.
“The U.S. economy remained resilient in the quarter,” CEO Jamie Dimon said in the release. “The finalization of tax reform and potential deregulation are positive for the economic outlook. However, significant risks persist – including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices.”
Citigroup and Wells Fargo are also scheduled to report quarterly results Tuesday, with Goldman Sachs, Bank of America and Morgan Stanley releasing results Wednesday.
This story is developing. Please check back for updates.
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