AI English summary of an SEC filing — figures as filed
JPMorgan Chase JPMThe company said net income for Q2 2026 rose 41% to $21.2 billion, and earnings per share were $7.70. The results included a Visa share-related net gain of $4.6 billion in Corporate and equity investment gains of $1.0 billion in Corporate and CIB.
Key points
AI summaryThe company said net income for Q2 2026 rose 41% to $21.2 billion, and earnings per share were $7.70. The results included a Visa share-related net gain of $4.6 billion in Corporate and equity investment gains of $1.0 billion in Corporate and CIB.
The company said that on May 11, 2026, Visa accepted its tender of 18.6 million Visa Class B-2 common shares in exchange, resulting in a net gain of $4.6 billion for the 3 months. Gains on certain equity investments totaled $1.0 billion, consisting of $763 million in Corporate and $263 million in CIB.
The company said net interest income for Q2 rose 10% to $25.5 billion, and noninterest revenue rose 47% to $31.8 billion. The company cited higher Markets net interest income and higher deposit balances as factors behind the increase in net interest income.
The company said its provision for credit losses was $2.5 billion and net charge-offs were $2.4 billion in Q2. As of June 30, 2026, the total allowance for credit losses was $31.5 billion, and the allowance for loan losses to retained loans coverage ratio was 1.79%.
Key figures
Quarter ended June 30, 2026
- Revenue
- $57.3B
- Net income
- $21.2B
- EPS
- $7.70
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis 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.
Q2 Net Income of $21.2 billion Includes One-Time Items
The company said net income for Q2 2026 rose 41% to $21.2 billion, and earnings per share were $7.70. The results included a Visa share-related net gain of $4.6 billion in Corporate and equity investment gains of $1.0 billion in Corporate and CIB.
Source · Based on the MD&A text of the filing
Visa Class B-2 Share Exchange and Equity Investment Gains
The company said that on May 11, 2026, Visa accepted its tender of 18.6 million Visa Class B-2 common shares in exchange, resulting in a net gain of $4.6 billion for the 3 months. Gains on certain equity investments totaled $1.0 billion, consisting of $763 million in Corporate and $263 million in CIB.
Source · Based on the MD&A text of the filing
Net Interest Income and Noninterest Revenue Rise
The company said net interest income for Q2 rose 10% to $25.5 billion, and noninterest revenue rose 47% to $31.8 billion. The company cited higher Markets net interest income and higher deposit balances as factors behind the increase in net interest income.
Source · Based on the MD&A text of the filing
Credit Loss Provision and Allowance Metrics
The company said its provision for credit losses was $2.5 billion and net charge-offs were $2.4 billion in Q2. As of June 30, 2026, the total allowance for credit losses was $31.5 billion, and the allowance for loan losses to retained loans coverage ratio was 1.79%.
Source · Based on the MD&A text of the filing
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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