JPMorgan surpassed earnings expectations for Q2, with adjusted EPS of $6.14 and managed revenue of $58.02B. Analysts raised price targets for the stock.
JPMorgan Chase & Co.
(NYSE:JPM) posted better-than-expected earnings for the second quarter on Tuesday.
The bank reported adjusted earnings of $6.14 per share, topping the consensus estimate of $5.79.
Managed revenue rose to $58.02 billion, ahead of analysts’ expectations of $50.20 billion.
JPMorgan raised its 2026 net interest income outlook to about $105.5 billion from $103 billion previously, or about $96.5 billion excluding Markets, up from its prior forecast of $95 billion.
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