Business · 14 July 2026

JPMorgan posts record profit but shares fall on expense forecast

JPMorgan Chase reported record profits in the second quarter, driven by significant gains from dealmaking and stock trading. However, the bank's shares fell after it raised its expense forecast for 2026. Markets revenue and investment banking fees contributed to the strong financial performance.

By BriefTea Editorial · 14 July 2026 at 16:54

Reported by Reuters · How we write briefs

Get the app

Understand this story

What are market revenues? What is an expense forecast? What is investment banking? Why do shares fall?

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →