JPMorgan Chase Stock Jumps 1.4% to $356.34 on Strong Quarterly Earnings
JPMorgan Chase stock rose to $356.34 on August 24, 2026, after increasing by 1.4% in Monday trading. The bank's financial shares outperformed broader market weakness, with a notable spread between actual results and expectations.
The quarterly numbers showed a significant beat, with earnings per share at $6.14, above the consensus estimate of $5.59, and revenue of $58.02 billion, surpassing the expected $50.72 billion. Revenue was up 27.7% from the same quarter last year.
The bank's businesses still rely heavily on consumer banking, investment banking, cards, and markets activity, with a notable contribution from markets revenue and net interest income to the overall earnings profile.