JPMorgan Chase reported a strong fourth quarter and full year 2025, driven by robust performance across its business segments, particularly in Markets and Asset & Wealth Management, despite a significant item impacting reported net income.
Reported revenue of $45.8 billion and managed revenue of $46.8 billion, up 7% YoY.
positiveMarkets revenue up 17% YoY, with Equity Markets up 40%.
positiveAsset & Wealth Management net revenue up 13% YoY, driven by higher fees and net inflows.
positiveConsumer & Community Banking net revenue up 6% YoY, with strong customer acquisition.
positiveFull-year 2025 net income of $57.0 billion ($20.02 per share).
positiveReported net income of $13.0 billion, down 7% YoY, impacted by a $2.2 billion credit reserve for Apple credit card portfolio.
attentionInvestment Banking fees down 5% YoY.
attentionProvision for credit losses increased significantly to $4.7 billion, driven by the Apple card reserve.
attentionCorporate net revenue down 13% YoY, primarily due to lower net interest income from lower rates.
negativeMargin metrics will be available once backend extracts data from insights_json
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
CONSUMER & COMMUNITY BANKING (CCB) | $19396000.0B | $18362000.0B | — | 41.5% |
COMMERCIAL & INVESTMENT BANK (CIB) | $19375000.0B | $17598000.0B | — | 41.4% |
ASSET & WEALTH MANAGEMENT (AWM) | $6516000.0B | $5778000.0B | — | 13.9% |
CORPORATE | $1480000.0B | $2000000.0B | — | 3.2% |
| Total Revenue | $46767000.0B | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
The Firm concluded the year with a strong fourth quarter, generating net income of $14.7 billion excluding a significant item.
Each line of business performed well, with CIB revenue rising 10% and Markets revenue up 17%.
Payments revenue reached a record $5.1 billion due to ongoing deposit and fee growth.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.