JPM
JPM still looks annoyingly good
JPMorgan’s Q1 2026 earnings call was basically a reminder that the biggest bank in America can still throw around numbers like a heavyweight. Net income came in at $16.5 billion, EPS hit $5.94, and revenue rose 10% year over year to $15.5 billion.
The good news: the machine is humming
A few spots in the report looked especially strong:
- Consumer & Community Banking generated $5 billion in net income and $19.6 billion in revenue, up 7% year over year.
- Corporate & Investment Bank brought in $9 billion in net income, with revenue jumping 19% thanks to stronger M&A and equity underwriting.
- Asset and Wealth Management added another $1.8 billion in net income, helped by inflows and higher market levels.
The not-so-fun part
Of course, no giant bank gets to have a perfect quarter without a little drama. Expenses climbed 14% year over year to $26.9 billion, credit costs totaled $2.5 billion, and net charge-offs reached $2.3 billion. The standardized CET1 ratio also slipped to 14.3% from the prior quarter.
Why investors care
This is the kind of print that can keep JPM looking like the market’s favorite financials name — strong earnings, healthy trading/IB momentum, and a consumer business that’s still standing upright. But higher expenses and credit pressure are the little warnings in the margin notes. Big picture: the bank is still printing money, but it’s doing so with one eye on the road and the other on the potholes.