Sometimes events unfold slowly on Wall Street. Other times, events move so quickly that it is like a sudden earthquake, as two tectonic plates lurch past one another. That's the analogy that JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon used to describe the current market and economic environment. How should investors juxtapose that against the giant bank's impressive second-quarter earnings?
In the second quarter of 2026, JPMorgan Chase posted earnings of $7.70 per share. That was up from $5.94 in the first quarter and $5.24 a year earlier. To put percentage numbers on that, earnings rose 30% from the first quarter of 2026 and a huge 47% from the second quarter of 2025. From that top-level view, JPMorgan is doing shockingly well right now.
Image source: JPMorgan Chase
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