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JPMorgan Reports 9% Profit Surge Amid Economic Concerns

1/13/2026

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Summary

Story summary

JPMorgan Chase & Co posted a 9% rise in fourth-quarter 2025 profits to $13.03 billion, or $4.63 per share.
Revenue rose 7% to $46.8 billion in the quarter.
The bank set aside a $2.2 billion reserve for potential losses tied to the Apple Card portfolio.
Jamie Dimon expressed optimism about the U.S. economy, warning of inflation and geopolitical risks.
The results start the earnings season for major U.S. banks.

History

Historical Context

The Glass-Steagall Act of 1933 emerged from the Pecora Investigation, which revealed banking malpractices during the Great Depression. This legislation separated commercial and investment banking to stabilize the financial system. Today, JPMorgan Chase & Co.'s $13.03 billion profit reflects resilience amid ongoing economic challenges, highlighting the enduring significance of regulatory frameworks established nearly a century ago.

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Story summary

JPMorgan Chase & Co posted a 9% rise in fourth-quarter 2025 profits to $13.03 billion, or $4.63 per share.
Revenue rose 7% to $46.8 billion in the quarter.
The bank set aside a $2.2 billion reserve for potential losses tied to the Apple Card portfolio.
Jamie Dimon expressed optimism about the U.S. economy, warning of inflation and geopolitical risks.
The results start the earnings season for major U.S. banks.

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