JPMorgan Chase (JPM) earnings Q3 2025


JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.

Drew Angerer | Getty Images

JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday.

Here’s what Wall Street expects:

  • Earnings per share: $4.84, according to LSEG
  • Revenue: $45.4 billion, according to LSEG
  • Net interest income: $24.16 billion, according to StreetAccount
  • Trading Revenue: Fixed income of $5.3 billion, Equities of $2.97 billion, according to StreetAccount

JPMorgan will give investors a view into how U.S. consumers and corporations fared in the third quarter.

If, as analysts expect, the major trends of the year continue — robust trading revenue, momentum in the Wall Street mergers-and-IPO rebound, and a resilient consumer — the bank’s bumper year will likely continue.

So far this year, the biggest American banks have benefitted under the administration of President Donald Trump.

They’ve reaped higher trading revenue as upheaval from his trade policies has roiled markets around the world, forcing investors to reposition themselves. Investment bankers are busier thanks to a more relaxed stance toward mergers, and Trump’s bank regulators have proposed ways to ease capital requirements and stress tests.

On top of that, stock market indices that are at or near record levels also bode well for the wealth management divisions of banks including JPMorgan, Goldman Sachs and Morgan Stanley.

As a result, big banks have outperformed regional lenders; the KBW Bank Index has climbed nearly 15% this year, while the KBW Regional Banking Index has dropped roughly 1%.

Goldman, Citigroup and Wells Fargo also report earnings Tuesday, with Bank of America and Morgan Stanley releasing results Wednesday.

This story is developing. Please check back for updates.


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