Markets
Trading revenue grew 19% in FY2025, with equities up 33% and fixed income up 12%.
The numbers
What it is
Global sales and trading across rates, credit, currencies, commodities and equities, run inside the Commercial & Investment Bank. Revenue depends on client activity and volatility.
Why it matters to the stock. Markets is the most volatile revenue line. Quarterly trading revenue is a common read on whether investors are active, and it sets the tone for the bank's guidance on net interest income in Markets.
News
JPMorgan third-quarter 2026 net income $15.3 billion, EPS $5.57, Markets revenue up 15%
JPMorgan reported third-quarter 2026 net income of $15.3 billion and diluted EPS of $5.57, up 10% from $5.07 a year earlier.
JPMorgan posts record $21.2 billion Q2 profit, helped by a $4.6 billion Visa-related gain
JPMorgan reported second-quarter 2026 net income of $21.2 billion, or $7.70 per diluted share, a record for the bank.
JPMorgan Q1 2026 net income $16.5B, EPS $5.94; CIB net income up 30%
JPMorgan reported first-quarter 2026 net income of $16.5 billion, or $5.94 per diluted share, up from $5.07 a year earlier.