secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0000019617-25-000520
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000001961725000520/0000019617-25-000520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000001961725000520/jpm-20250715.htm
  HTML page:      https://secwatch.observer/filing/0000019617-25-000520

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer