JPMorgan Chase & Co. (JPM) Q1 2026 (USD): EPS 5.94 (exp. 5.44), Revenue 49.8bln (exp. 49.13bln), FICC Sales & Trading 7.08bln (exp. 6.65bln), Equities Sales & Trading 4.48bln (exp. 4.31bln), Investment Banking 3.14bln (exp. 2.73bln)

JPMorgan Chase reported impressive Q1 2026 results, topping expectations on both EPS and revenue, suggesting strong operational performance amid a resilient US economy.

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JPMorgan Chase & Co. (JPM) Q1 2026 (USD): EPS 5.94 (exp. 5.44), Revenue 49.8bln (exp. 49.13bln), FICC Sales & Trading 7.08bln (exp. 6.65bln), Equities Sales & Trading 4.48bln (exp. 4.31bln), Investment Banking 3.14bln (exp. 2.73bln)

Wells Fargo & Company (WFC): Q1 2026 (USD) EPS 1.60 (exp. 1.58), Revenue 21.5bln (exp. 21.76bln); affirms FY26 NII 50bln (exp. 50.4bln), expenses 55.7bln (prev. 54.8bln Y/Y), avg. loans "mid-single digits growth" Y/Y

Johnson & Johnson (JNJ) Q1 2026 (USD) : EPS 2.70 (exp. 2.68), Revenue 24.1bln (exp. 23.61bln), Net Income 6.61bln (exp. 6.55bln), Current FY Rev. 100.3-101.3bln (prev. 100-101bln; exp. 100.62bln), quarterly dividend +3.1% to 1.34/shr (prev. 1.30/shr)

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GUIDANCE

  • Sees FY NII about 103bln (prev. 104.5bln).
  • Reaffirms FY NII ex-CIB markets around USD 95bln.
  • Reaffirms Adj. Expenses around 105bln.

CREDIT

  • Credit costs of USD 2.5bln with USD 2.3bln of net charge-offs and a USD 191mln net reserve build.

CEO

  • US economy remained resilient in the quarter, with consumers still earning and spending and businesses still healthy.
  • Performance was strong across our businesses.

OTHER METRICS

  • Q1 roce 19%.
  • Q1 credit loss provision USD 2.51bln.
  • Q1 Net Income USD 16.494bln.
Context

Notably, robust contributions from FICC and Equities trading underscore a dynamic market environment, although there is a slight downgrade in FY NII guidance, indicating possible margin pressures. Overall, these results could bolster sentiment towards the banking sector and enhance investor confidence in ongoing economic stability.

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