JPMorgan Chase reports Q2 2026 net income of $21.2B, boosted by $4.6B Visa exchange gain

Filed July 14, 2026 · Period ending July 14, 2026 · ~2 min read

Key Changes

• high

  Q2 2026 net income of $21.2B ($7.70 EPS) includes $4.6B pretax gain from Visa Class B-2 share exchange and $1.0B equity investment gains; excluding these items, net income was $16.9B ($6.14 EPS, 23% ROTCE)

  Exhibit 99 view on EDGAR →
• high

  Tendered 18.6M Visa Class B-2 shares in May 2026 exchange for combination of Class B-3 and Class C stock; Class C shares held at fair value generated $3.4B after-tax gain

  Exhibit 99 view on EDGAR →
• high

  Managed revenue of $58.0B up 27% YoY (15% ex-items); Markets revenue $12.1B up 35% YoY driven by 86% surge in Equity Markets to $6.0B; Investment Banking fees up 30% to $3.3B

  Exhibit 99 view on EDGAR →