BUZZ - Preview: JPMorgan’s third-quarter revenue and net profit are expected to grow
路透社2026/10/12 17:56October 12 - ** JPMorgan (JPM.N) shares rose 0.4% on Monday. The company will release its quarterly earnings before the market opens on Tuesday, and the market expects strong growth in both profit and revenue.
** According to the latest data from London Stock Exchange Group (LSEG), Wall Street expects the largest US bank to report adjusted earnings per share of $5.90 for the third quarter, up from $5.07 a year earlier. Revenue is expected to reach $51.22 billion, about 9% higher than the $47.12 billion reported in the same period in 2025.
** Net interest income is expected to grow by 12% to $26.84 billion.
** For the past eight quarters, JPMorgan’s earnings per share and revenue have beaten market expectations every time.
** This quarter, investors will closely monitor US bank earnings for signs of whether the recent surge in Treasury yields (link) will dampen M&A activity and loan growth, while driving up funding costs across the industry.
** LSEG data shows the latest trade in the stock was at $334.41, with a median price target of $370. Of 27 analyst ratings, 2 are “strong buy,” 13 “buy,” and 12 “hold.”
** Year to date, the stock has gained about 4%, while the Dow Jones Industrial Average .DJI is up about 8%, the S&P 500 Banks Index .SPXBK is up 1.8%, and the S&P 500 Financials Index .SPSY is up 0.6%.
** Trade Alert data shows JPMorgan’s options market is pricing in a possible 3.3% move in the stock, either way, by this Friday; this is higher than the 2.6% average move on earnings day over the past eight quarters.
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