GoKawiilJPMorgan Chase Reports Rare Earnings Miss, Shares Dip Before Recovering
JPMorgan Chase's third-quarter results fell short of Wall Street's revenue and profit estimates, an unusual miss for the largest U.S. bank by assets. CEO Jamie Dimon attributed part of the shortfall to softer fixed-income trading revenue and expenses outpacing revenue, while the bank also said trading and investment banking activity had moderated. JPMorgan shares dropped more than 3% in premarket trading before trimming losses after the bank raised its 2026 net interest income guidance.
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A miss from JPMorgan, often seen as a bellwether for the banking sector, could unsettle investor confidence heading into a broader round of bank earnings this week. The raised net interest income guidance suggests the bank still expects resilience in its core lending business even as trading revenue softens, which may temper concerns about a deeper slowdown.
- JPMorgan missed both revenue and profit estimates in Q3, a rare occurrence for the bank.
- Weaker fixed-income trading revenue and rising expenses contributed to the shortfall, according to CEO Jamie Dimon.
- JPMorgan raised its 2026 net interest income guidance, helping shares recover some premarket losses.
Source: cnbc.com — Alex Harring, 2026-10-13
Published there as: “JPMorgan's earnings miss, Delta delays Riyadh route, McDonald's chicken plans and more in Morning Squawk”
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