JPMorgan Chase Reports Record $21.2 Billion Profit For The Quarter
Net income climbed 41 percent from about $15 billion a year earlier, the bank's strongest quarter on record.
- Every one of JPMorgan's business lines posted record quarterly revenue this period.
- The quarter ended June 30, 2026, the second of the bank's fiscal year.
- At this pace, JPMorgan is on track to earn roughly $85 billion in 2026.
Why it matters: One firm's record profit measures the concentration of financial power, not the health of the wider economy.
JPMorganChase Second-Quarter 2026 Earnings Release (jpmorganchase.com) ↗ · Jul 14, 20267/14/26 · ✓ Checked✓ Check