secwatch.observer — SEC 8-K summary
======================================

Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2026-07-14T10:30:38+00:00
Accession:  0001628280-26-048078
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan Q2 net income $21.2B ($7.70 EPS), up 41% YoY; ex-items $16.9B
----------------------------------------------------------------------

- Net income $21.2B ($7.70 diluted EPS) vs $15.0B ($5.24) in Q2 2025; excluding Visa and equity gains, net income $16.9B ($6.14).
- Managed revenue $58.0B; expense $27.3B; credit costs $2.5B with $2.4B net charge-offs and $149M net reserve build.
- Investment banking fees up 30% YoY; Markets revenue up 35% (Fixed Income +6%, Equity +86%).
- AUM $5.1T (+18% YoY); average loans up 10% YoY; average deposits up 7% YoY.
- CET1 ratio 14.1% (Standardized); book value per share $133.01 (+9% YoY); tangible book value $113.35 (+10%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000162828026048078/0001628280-26-048078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000162828026048078/jpm-20260714.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-048078

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