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JPMorgan Chase third-quarter revenue misses estimates as trading segments lag

10/13/2026

JPMorgan Chase (JPM) reported third-quarter 2026 adjusted revenue of $50.91 billion, a figure that fell short of the $51.37 billion estimate. Earnings per share came in at $5.57, below the expected $5.94.

While managed net interest income of $27.15 billion and total deposits of $2.78 trillion both exceeded forecasts, several trading and banking segments missed market expectations.

FICC sales and trading revenue of $5.37 billion underperformed the $6 billion forecast. Investment banking revenue was $3.10 billion, also below the $3.27 billion estimate.

In contrast, equities sales and trading revenue outperformed at $4.95 billion against the $4.47 billion estimate.

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