JPMorgan Chase reported net income of $15.0 billion for Q2 2025, down 17%, with earnings per share of $5.24, ROE of 18% and ROTCE of 21%. The results included an income tax benefit of $774 million in Corporate.

1. 01

   JPMorgan Chase reported net income of $15.0 billion for Q2 2025, down 17%, with earnings per share of $5.24, ROE of 18% and ROTCE of 21%. The results included an income tax benefit of $774 million in Corporate.

2. 02

   The company said net interest income for Q2 was $23.2 billion, up 2%, and noninterest revenue was $21.7 billion, down 21%. It cited the absence of the $7.9 billion net gain related to Visa shares recorded in the prior year as a factor in the NIR decline.

3. 03

   JPMorgan Chase said the provision for credit losses for Q2 was $2.8 billion, with net charge-offs of $2.4 billion, predominantly in Card Services, and a net addition to the allowance for credit losses of $439 million. The prior-year provision for the same quarter was $3.1 billion.

4. 04

   The company said noninterest expense for Q2 was $23.8 billion, flat compared with the prior year. It added that while compensation expense increased, the prior year's $1.0 billion contribution of Visa shares to the JPMorgan Chase Foundation was absent and legal expense declined.

Key figures

Quarter ended June 30, 2025

Revenue

$44.9B

Net income

$15.0B

EPS

$5.24

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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