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JPMorgan Chase & Co. (JPM) Reports Q3 Earnings: What Key Metrics Have to Say

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JPMorgan Chase & Co. (JPM - Free Report) reported $50.17 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 8.1%. EPS of $5.75 for the same period compares to $5.07 a year ago.

The reported revenue represents a surprise of -3.9% over the Zacks Consensus Estimate of $52.21 billion. With the consensus EPS estimate being $5.94, the EPS surprise was -3.2%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how JPMorgan Chase & Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Book value per share: $132.30 versus $134.63 estimated by three analysts on average.
  • Net charge-off/(recovery) rates - Total retained loans: 0.6% compared to the 0.6% average estimate based on three analysts.
  • Average Balances - Total interest-earning assets: $4336.22 billion versus the two-analyst average estimate of $4352.63 billion.
  • Tier 1 Capital Ratio - Standardized: 14.8% versus the two-analyst average estimate of 15%.
  • Total nonaccrual loans: $9.37 billion versus $10.4 billion estimated by two analysts on average.
  • Total nonperforming assets: $10 billion compared to the $11.29 billion average estimate based on two analysts.
  • Net Interest Income- managed: $27.15 billion versus the three-analyst average estimate of $26.84 billion.
  • Noninterest revenue- Principal transactions: $6.52 billion compared to the $7.33 billion average estimate based on three analysts.
  • Noninterest revenue- Investment banking fees: $2.96 billion compared to the $3.04 billion average estimate based on three analysts.
  • Total Noninterest revenue: $23.14 billion versus the two-analyst average estimate of $24.74 billion.
  • Noninterest revenue- Card income: $1.43 billion compared to the $1.24 billion average estimate based on two analysts.
  • Noninterest revenue- Mortgage fees and related income: $274 million compared to the $343 million average estimate based on two analysts.

View all Key Company Metrics for JPMorgan Chase & Co. here>>>

Shares of JPMorgan Chase & Co. have returned -4.5% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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