---
schema_version: "secwatch.filing_event.v1"
accession: "0000019617-25-000520"
form_type: "8-K"
ticker: "JPM"
cik: "0000019617"
company_name: "JPMORGAN CHASE & CO"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:32:56.042697+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JPMorgan 2Q25: net income $15.0B, EPS $5.24; revenue $45.7B; FY NII guidance ~$95.5B

## Summary
- Net income $15.0B ($5.24 EPS); ex-tax benefit $14.2B ($4.96 EPS, ROTCE 20%).
- Managed revenue $45.7B, down ~10% YoY; expense $23.8B, overhead ratio 52%.
- Credit costs $2.8B (NCOs $2.4B, reserve build $0.4B); CET1 ratio 15.0% (down 40bps QoQ).
- FY2025 guidance: NII ~$95.5B, adj. expense ~$95.5B, Card NCO rate ~3.6%.
- Capital distributed: $3.9B common dividends ($1.40/sh), $7.1B net share repurchases.

## SEC filing metadata
- accession: 0000019617-25-000520
- form_type: 8-K
- ticker: JPM
- cik: 0000019617
- company_name: JPMORGAN CHASE & CO
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19617/000001961725000520/0000019617-25-000520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19617/000001961725000520/jpm-20250715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000019617-25-000520
- JSON: https://secwatch.observer/filing/0000019617-25-000520.json
- Plain text: https://secwatch.observer/filing/0000019617-25-000520.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.