JPMorgan Chase said net income for Q1 2025 was $14.6 billion, up 9%, earnings per share was $5.07, ROE was 18% and ROTCE was 21%. The results included a $588 million First Republic-related gain in Corporate.

1. 01

   JPMorgan Chase said net income for Q1 2025 was $14.6 billion, up 9%, earnings per share was $5.07, ROE was 18% and ROTCE was 21%. The results included a $588 million First Republic-related gain in Corporate.

2. 02

   The company said net interest income for Q1 was $23.3 billion, up 1%, and NII excluding Markets was $22.6 billion, down 2%. Noninterest revenue was $22.0 billion, up 17%.

3. 03

   JPMorgan Chase said noninterest expense for Q1 was $23.6 billion, up 4%, reflecting an increase in compensation expense. The FDIC special assessment accrual was released by $323 million, compared with an increase of $725 million in the prior year.

4. 04

   The company said the provision for credit losses for Q1 was $3.3 billion and net charge-offs were $2.3 billion, up $376 million. The net addition to the allowance for credit losses was $973 million, and as of March 31 the total allowance for credit losses was $27.8 billion.

Key figures

Quarter ended March 31, 2025

Revenue

$45.3B

Net income

$14.6B

EPS

$5.07

Operating cash flow

−$251.8B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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