{"id":77465,"date":"2026-04-15T21:30:00","date_gmt":"2026-04-15T21:30:00","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/jpmorgan-and-other-big-banks-see-profits-rise-as-dimon-warns-of-increasingly-complex-set-of-risks\/"},"modified":"2026-04-15T21:30:00","modified_gmt":"2026-04-15T21:30:00","slug":"jpmorgan-and-other-big-banks-see-profits-rise-as-dimon-warns-of-increasingly-complex-set-of-risks","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/jpmorgan-and-other-big-banks-see-profits-rise-as-dimon-warns-of-increasingly-complex-set-of-risks\/","title":{"rendered":"JPMorgan and other big banks see profits rise as Dimon warns of &#8216;increasingly complex set of risks&#8217;"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" data-testid=\"article-body\">\n<div class=\"bodyItems-wrapper\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->JPMorgan Chase (JPM) said profits rose 13% year over year in the first three months of 2026 as the US economy remained resilient and the bank hauled in more Wall Street fees.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Profit at the nation\u2019s largest bank rose to $16.5 billion, or $5.94 per share, exceeding the $5.43 per share that analysts forecast, according to data compiled by Bloomberg.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Net revenue rose 10% to $49.8 billion compared to $45.3 billion in the first quarter of last year. Investment banking fees jumped 28% while trading revenue rose 20% to $11.6 billion.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->All of JPMorgan\u2019s major business lines surpassed or met analyst expectations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->JPMorgan Chase CEO Jamie Dimon said with \u201cconsumers still earning and spending and businesses still healthy,\u201d the US economy has several tailwinds at its back, including \u201cincreased fiscal stimulus, the benefits of deregulation, AI-driven capital investment and the Fed&#8217;s asset purchases.\u201d<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-lglytj\" style=\"--max-height: 640px;\">\n<div class=\"image-wrapper yf-lglytj\" style=\"--aspect-ratio: 960 \/ 640; --img-max-width: 960px;\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/01WFM0tfbOFqqrxlQ0H0TA--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/Eq8oS514O0KppgD1uotPkg--~B\/aD0zNjY3O3c9NTUwMDthcHBpZD15dGFjaHlvbg--\/https:\/\/d29szjachogqwa.cloudfront.net\/images\/2026-04\/e048ad3a-f8fc-4c19-8868-059ee54d6787\" alt=\"Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase &amp;amp; Co., attends the ribbon-cutting ceremony opening the firm&amp;#x002019;s new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025.   REUTERS\/Eduardo Munoz\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-lglytj  loaded\"\/><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->JPMorgan Chase CEO Jamie Dimon attends the ribbon-cutting ceremony opening the firm\u2019s new headquarters in New York City, on Oct. 21, 2025. REUTERS\/Eduardo Munoz<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-750ceo\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>REUTERS \/ REUTERS<\/span><\/figcaption><\/figure>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The longtime CEO of the country\u2019s biggest bank also named \u201can increasingly complex set of risks,\u201d including \u201cgeopolitical tensions and wars, energy price volatility, trade uncertainty, large global fiscal deficits and elevated asset prices.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\u201cWe cannot predict how these risks and uncertainties will ultimately play out,\u201d Dimon added.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more:\u00a0<\/em><em>How to protect your money during turmoil, stock market volatility<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The country\u2019s largest bank kicked off the second day of earnings week for the industry\u2019s giants, as investors look to assess the prospects for their Wall Street and Main Street businesses after a volatile period in markets.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Following an optimistic start to 2026, their stock prices have tumbled from early January highs. Going into earnings, investor have questioned the opportunity for these lenders amidst worries around their private credit exposure and what a prolonged Iran war could mean for dealmaking and their wider lending businesses<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->JPMorgan\u2019s stock fell slightly in early Tuesday trading.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Earlier this month, Dimon laid out the risks he\u2019s concerned about in his 2026 annual letter. He noted that a prolonged Iran war could \u201clead to stickier inflation and ultimately higher interest rates.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->But JPMorgan\u2019s results exuded a US economy and consumer that\u2019s remained stable despite so many changes.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Over the quarter, US consumers at JPMorgan appeared to be in stable financial health.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Total debit- and credit-card spending was up 9% versus the first quarter of 2025. Delinquencies over 90 days fell slightly to 1.15% compared with 1.6% over the same period a year ago.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->JPMorgan also set aside lower provisions for credit losses compared to previous quarter in its sprawling consumer bank.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p>   <button class=\"secondary-btn fin-size-large readmore-button    rounded   yf-r7dg9i\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" data-yga=\"{&quot;yLinkElement&quot;:&quot;readmore&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Story Continues&quot;}\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\u201cThe core central case economic outlook this quarter is actually, surprisingly, maybe to some peopl<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->JPMorgan, however, did throttle back its outlook for net interest income, which it previously raised in February based on a projection for slightly lower revenue in markets division.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The bank said it now expects to bring in $103 billion of net interest income for 2026, down by $1.5 billion from its February forecast. Excluding market revenue, JPMorgan left the figure unchanged.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The bank\u2019s net interest income, which measures the difference between what it charges to make loans and pays for deposits, climbed to 9% from a year ago to $25.3 billion over the first quarter.<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-lglytj loader\" style=\"--max-height: 819px;\">\n<div class=\"image-wrapper yf-lglytj\" style=\"--aspect-ratio: 960 \/ 819; --img-max-width: 960px;\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"FILE PHOTO: A woman walks through the rain on Wall Street in New York, August 16, 2011. REUTERS\/Brendan McDermid\/File Photo\" loading=\"lazy\" height=\"819\" width=\"960\" class=\"yf-lglytj loader\"\/><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->A woman walks through the rain on Wall Street in New York, August 16, 2011. REUTERS\/Brendan McDermid\/File Photo<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-750ceo\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>Reuters \/ REUTERS<\/span><\/figcaption><\/figure>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Despite the volatility, Wall Street\u2019s deal activity ratcheted higher at JPMorgan. Fees from advising on mergers and acquisitions jumped 82% from the year-ago quarter, while those from equity underwriting, including initial public offerings, rose 46%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Within the bank\u2019s large trading division, fees from fixed income, equity, and other markets rose to $11.6 billion.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Other major financial institutions, including the world\u2019s largest asset manager, BlackRock (BLK), along with two of the country\u2019s other largest banks, Wells Fargo (WFC) and Citigroup (C), also reported increases in profits year over year in the first quarter that beat analyst expectations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->\u201cCapital is in motion as market fundamentals and provider relationships are reevaluated, and BlackRock is the trusted destination,\u201d BlackRock CEO Larry Fink said in a statement. The money manager posted a 46% gain driven by rising investment fees, despite a surge in redemption requests in its private credit group.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->At Citigroup, profits jumped 42% to $5.8 billion. CEO Jane Fraser said her bank remains \u201ca source of financial strength and trust for our clients during uncertain times,\u201d according to the press release.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Wells Fargo\u2019s net income rose 7% to $5.3 billion. The San Francisco based bank posted rising net interest income and investment banking fees but both figures came in lighter than analysts expected.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Wells Fargo\u2019s stock fell 4.5% on Tuesday while shares of BlackRock and Citigroup rose 3%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>David Hollerith covers the financial sector<\/em>,<em> ranging from the country&#8217;s biggest banks to regional lenders, private equity firms, and the cryptocurrency space.<\/em><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Click here for the latest economic news and indicators to help inform your investing decisions<\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Read the latest financial and business news from Yahoo Finance<\/strong><!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase (JPM) said profits rose 13% year over year in the first three months of 2026 as the US economy remained resilient and the bank hauled in more Wall Street fees. Profit at the nation\u2019s largest bank rose to $16.5 billion, or $5.94 per share, exceeding the $5.43 per share that analysts forecast, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[313,1412,244,7020,633],"class_list":["post-77465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-analyst-expectations","tag-jamie-dimon","tag-jpmorgan-chase","tag-street-businesses","tag-wall-street"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/04\/e048ad3a-f8fc-4c19-8868-059ee54d6787.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/77465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=77465"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/77465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/77466"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=77465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=77465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=77465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}