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JPMorgan Chase: the banking fortress still has to earn its premium through the cycle
JPMorgan Chase reported FY2025 revenue of $182.4 billion, FY2025 net income of $57.0 billion and 2026 Q1 net income of $16.5 billion. The thesis depends on deposit durability, credit discipline, capital strength and earnings quality.
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JPMorgan Chase: the banking fortress still has to earn its premium through the cycleJPMorgan Chase reported FY2025 revenue of $182.4 billion, FY2025 net income of $57.0 billion and 2026 Q1 net income of $16.5 billion. The thesis depends on deposit durability, credit discipline, capital strength and earnings quality.NYSEJul 22, 20265 minReadSlides