Earnings call briefThird-quarter 2026
JPMorgan Chase expects fourth-quarter expenses of about $27.5 billion
It also gave a 2027 NII excluding markets central case of approximately $107 billion, based on assumptions it called highly uncertain.
GetSignal JPMorgan Chase JPM
JPMorgan Chase said on its third-quarter call that it expects fourth-quarter NII excluding markets of approximately $25.5 billion and fourth-quarter total NII of about $28 billion.
It also said it expects fourth-quarter expenses of about $27.5 billion. The company said its 2027 NII excluding markets central case of approximately $107 billion rests on a series of assumptions it called highly uncertain, and that it will refine the case next quarter.
Quotes from the call
“We expect fourth quarter NII ex-markets to be approximately $25.5 billion and fourth quarter total NII to be about $28 billion.”
Key facts from the call
- Expected fourth-quarter NII excluding markets
- approximately $25.5 billion
- Expected fourth-quarter total NII
- about $28 billion
- Expected fourth-quarter expenses
- about $27.5 billion
- 2027 NII excluding markets central case (company outlook, based on highly uncertain assumptions)
- approximately $107 billion
Source: JPMorgan Chase's third-quarter 2026 earnings call, October 13, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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