Jamie Dimon, the Chief Executive Officer of JPMorgan Chase & Co., spoke at the America Business Forum in Miami, Florida, on Thursday, November 6, 2025. The bank is poised to reveal its fourth-quarter earnings before the market opens on Tuesday.
Here's what Wall Street anticipates:
- Earnings: $5 per share, according to LSEG
- Revenue: $46.2 billion, as estimated by LSEG
- Net Interest Income: $24.99 billion, based on StreetAccount data
- Trading Revenue: Fixed income trading is expected to be $5.29 billion, with equities at $2.55 billion, according to StreetAccount
JPMorgan aims to provide investors with insights into how both consumers and businesses performed towards the end of the previous year, along with an outlook on how 2026 might unfold.
Recently, banks have thrived in a favorable environment marked by a resurgence in Wall Street trading and investment banking, declining interest rates, stable consumer credit, and deregulation, all contributing to the sector's uplift. Wealth management divisions have also gained from strong stock levels.
The KBW Bank Index saw a 29% rise last year, marking the second consecutive year that this major banking benchmark outperformed the S&P 500.
Analysts are eager to learn how much of the 2025 momentum will continue into the new year, particularly with concerns about potential spending reductions amid indications of a softening labor market. Guidance on the robustness of Wall Street dealmaking will also be of interest.
JPMorgan Chase CEO Jamie Dimon is expected to address questions regarding President Donald Trump's call for the industry to cap credit card rates at 10% and queries concerning the Federal Reserve's independence.
Other major banks, including Bank of America, Citigroup, and Wells Fargo, will report their earnings on Wednesday, followed by Goldman Sachs and Morgan Stanley on Thursday.
This story is developing. Please check back for updates.