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.