How to Trade JPMorgan After Q3 2025 Performance
Founded over two centuries ago and headquartered in New York City, JPMorgan Chase & Co. (NYSE: JPM) stands as one of the most influential financial institutions globally. The bank operates across Consumer & Community Banking, Commercial and Investment Banking, and Asset & Wealth Management.
In its latest earnings cycle, JPMorgan reported its third-quarter results. Below, we’ll take a closer look at the numbers and what analysts are forecasting for the stock.
This material is for informational purposes only and not financial advice. Consult a financial advisor before making investment decisions.
Key Takeaways
- JPMorgan reported net income of US$14.4 billion, a 12% year-on-year (YoY) increase, with earnings per share rising to US$5.07 from US$4.37 a year earlier.
- Net interest income (NII) rose 2% YoY to US$24.1 billion, driven by higher revolving balances in Card Services and increased wholesale deposit balances. However, NII excluding Markets (Fixed Income and Equity Markets) was flat at US$23.4 billion, as lower rates and margin pressures limited growth.
- Non-interest revenue (NIR) jumped 16% to US$23 billion, driven by investment-banking fees and payments activity.
- Segment-wise performance:
- Consumer & Community Banking (CCB): Net income US$5.0 billion, up 24% YoY.
- Commercial & Investment Bank (CIB): Net income US$6.9 billion, up 21% YoY; revenues up 17%.
- Asset & Wealth Management (AWM): Net income US$1.7 billion, up 23% YoY; Asset Under Management (AUM) stood at US$4.6 trillion, an 18% increase YoY, while total client assets reached US$6.8 trillion, up 20% YoY.
- Credit costs totalled US$3.4 billion, reflecting both actual loan losses and reserves. Net charge-offs were US$2.6 billion, up US$506 million YoY, mainly driven by the Wholesale and Card Services segments. The firm also built US$810 million in reserves, with US$608 million allocated to Consumer loans and $205 million to Wholesale loans.
- Chairman and CEO of JPMorgan, Jamie Dimon, highlighted the bank’s strong operating momentum, but also cautioned about ongoing risks, stating: “However, there continues to be a heightened degree of uncertainty stemming from complex geopolitical conditions, tariffs and trade uncertainty, elevated asset prices and the risk of sticky inflation. As always, we hope for the best, but these complex forces reinforce why we prepare the Firm for a wide range of scenarios.”
Source: JPMorgan’s Quarterly Earnings Report and Investor Presentation
JPMorgan’s 12-Month Analyst Stock Price Forecast
According to 17 Wall Street analysts, polled by TipRanks, offering a 12-month stock price forecast for JPMorgan over the past 3 months:
- Buy Ratings: 12
- Hold Ratings: 5
- Sell Ratings: 0
- Average Price Target: $340.54
- High Price Target: $370
- Low Price Target: $295

Trading Strategy Example: JPMorgan
The following trading examples are for educational purposes only and do not constitute investment advice. Investors should conduct independent research before making trading decisions. An example trading idea for the JPMorgan’s share price could be as follows: