Coverage summary
Aardvark Labs Capital Research has covered JPMorgan Chase & Co. (JPM) since July 16, 2025. The company is in the Financial Services sector. This page lists 6 reports: 6 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published October 19, 2026. The current rating is Hold, unchanged since the Q2 2026 Earnings Recap of July 15, 2026. The rating has changed twice since coverage began.
Translations: 6 in Chinese, 1 in Japanese and 1 in Korean.
The Excel model for JPM holds 22 quarters and 5 fiscal years of history and 10 quarters and 5 fiscal years of projections. It was last updated October 19, 2026.
Rating history
All JPM reports
Recap: Q3 2026
JPM Misses, Cuts the Buyback to $1.1B From $6.7B, and Guides 2027 NII ex-Markets to $107B: Management's Own Capital Allocation Now Agrees With Our Hold
Recap: Q2 2026
Equities +86% and Every Guide Raised: The Capital Markets Thesis Was Right, and at 3.0x Tangible Book It Is Now Fully Priced. Downgrading to Hold.
Recap: Q1 2026
Record Print Across the Franchise — CIB Compounding, Consumer Resilient, ~$40B Excess Capital: Maintaining Outperform, FV $310–360
Recap: Q4 2025
$13B Net Income, 18% ROTCE Through a $2.2B Apple Card Reserve Build, FY 2026 NII Ex-Markets ~$95B with $30B+ Excess Capital: Upgrading to Outperform
Recap: Q3 2025
Operational Excellence at a Full Valuation: Capital Markets Reaccelerate, AWM Records Continue, and the Sapphire Refresh Lands — but a "Cockroach" in Wholesale Credit and CET1 Under RWA Pressure Keep Us Disciplined
Recap: Q2 2025
Firing on All Cylinders — But Dimon Just Flagged the Valuation Problem Himself: Initiating JPMorgan Chase at Hold