---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-001902"
form_type: "8-K"
ticker: "JPM"
cik: "0000019617"
company_name: "JPMORGAN CHASE & CO"
filed_at: "2026-01-13T23:59:59+00:00"
generated_at: "2026-05-16T10:43:27.807047+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JPMorgan Q4 net income $13.0B ($4.63/sh); adjusted $14.7B ($5.23/sh); Apple Card reserve $2.2B

## Summary
- Q4 net income $13.0B ($4.63/sh) down from $14.0B ($4.81/sh) YoY; adjusted net income $14.7B ($5.23/sh) excluding $2.2B Apple Card reserve.
- Managed revenue $46.8B; reported revenue $45.8B; expense $24.0B; credit costs $4.7B with $2.1B net reserve build.
- Full-year 2025 net income $57.0B ($20.02/sh); ROE 17%; ROTCE 20%; CET1 ratio 14.5% (Std) and 14.1% (Adv).
- Segment: CIB IB fees down 5% YoY, Markets up 17% (FICC +7%, Equities +40%); AWM AUM $4.8T (+18% YoY).
- Capital actions: $4.1B common dividend ($1.50/sh); $7.9B net stock repurchases; TBV/share $107.56 (+11% YoY).

## SEC filing metadata
- accession: 0001628280-26-001902
- form_type: 8-K
- ticker: JPM
- cik: 0000019617
- company_name: JPMORGAN CHASE & CO
- filed_at: 2026-01-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19617/000162828026001902/0001628280-26-001902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19617/000162828026001902/jpm-20260113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-001902
- JSON: https://secwatch.observer/filing/0001628280-26-001902.json
- Plain text: https://secwatch.observer/filing/0001628280-26-001902.txt

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