JPMorgan Stock Holds Firm Amid Ongoing Capital Rule Debate
JPMorgan Chase & Co.'s stock held steady on August 28, 2026, despite ongoing debate over U.S. bank capital rules.
The proposed changes could affect $13 billion of relief, which is equivalent to 61% of one quarter's profit for JPMorgan.
The bank reported Q2 2026 net income of $16.9 billion, EPS of $6.14, and a 23% return on tangible common equity, showing its resilience in the face of policy changes.
JPMorgan's revenue reached $58.02 billion for the quarter, up 27.7% from a year earlier and exceeding consensus estimates by $7.30 billion.