The first U.S. earnings season of 2026 begins on Tuesday, with JPMorgan (NYSE: JPM) leading the big banks in reporting updated figures.
JPM – Daily Chart
The price of JPM has been trading above $322.33, and the range now extends from that level to $337.
In a recent development, JPM reportedly reached a deal to take over Apple’s credit card program from Goldman Sachs. The shift will make the nation’s largest bank the new issuer of one of the biggest co-branded card programs in the nation, which carries roughly $20B in balances.
Analysts are expecting single digit growth in revenue and EPS this season and are positive about the robust economic backdrop. JPM’s delinquency and charge-off rates are stabilizing despite some recessionary pressures in the recent data.
Despite positive results last quarter, JPMorgan CEO Jamie Dimon warned that the U.S. economy faced continued uncertainty. He also sounded the alarm on a stock drop and said he was “far more worried than others” about a market correction, which could come in three months to two years.
JPMorgan also recently announced a new business line, Special Advisory Services. The goal will be to advise a range of companies and connect high-value clients with the firm’s specialist areas, including artificial intelligence, cybersecurity, and digital assets.
“Clients are facing unprecedented change, uncertainty, and opportunity,” said Filippo Gori at the investment bank. “It’s more important than ever that they are aware of the breadth and depth of J.P. Morgan’s advisory capabilities.
The new initiative could add a new revenue stream for the company, and the bank’s earnings will be an important factor in where the S&P500 ends the week. Other financial giants release earnings this week, with BlackRock, Goldman Sachs, Citi and BofA all reporting.
