JPMorgan Prepares for Key Earnings Report on October 13

JPMorgan Chase & Co. (NYSE: JPM) is preparing to release its third-quarter earnings on October 13, with analysts anticipating earnings per share (EPS) of $5.82 and revenue of $51.21 billion. In the previous quarter, the bank reported EPS of $6.14, exceeding expectations, and revenue of $58.02 billion, also surpassing forecasts. Investors are particularly focused on the performance of its trading and investment banking divisions, which have shown strong growth in recent periods.

JPMorgan Co-President Doug Petno projected at a Barclays conference on September 15 that both trading revenue and investment banking fees could rise by a mid-to-high teens percentage in the third quarter. This optimism contrasts with Bank of America’s expectation of a roughly 10% decline in investment banking fees. The bank’s second quarter saw a 35% increase in Markets revenue, driven by an 86% surge in equities, and a 30% rise in investment banking fees.

Full-year guidance will also be a key point of discussion, especially after JPMorgan raised its 2026 outlook last quarter. The updated projections include net interest income of about $105.5 billion, adjusted expenses of about $107.5 billion, and a card net charge-off rate of about 3.2%. Analysts will be watching for any adjustments to these figures, particularly regarding expenses and credit performance.

The stock currently holds a Buy rating with an average price target of $369.14. Recent analyst actions include UBS lowering its target to $395.00 and HSBC raising its target to $377.00. At the time of publication, JPMorgan shares were trading 0.35% higher at $333.55.