JPMorgan Chase & Co

JPM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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JPMorgan Earnings: Outlook Remains Solid as Trading Revenue Holds Up and Loans Growth Accelerates

Suryansh Sharma

Jul 15, 2025

JPMorgan reported strong second-quarter results as adjusted earnings came in at $4.96 per share, equating to a return on tangible equity of 20%. We expect earnings to remain elevated in the near term but continue to believe that the valuations look expensive from a long-term perspective.

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JPMorgan Chase & Co

JPMorgan Earnings: Outlook Remains Solid as Trading Revenue Holds Up and Loans Growth Accelerates

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