JPMorganChase reported third-quarter 2026 net income of $15.3 billion, up 6% from a year earlier, in an October 13 filing. Diluted earnings per share were $5.57. The practical reading point is the difference between those reported results and the bank’s separately presented figures excluding investment securities losses.
Reported and adjusted results, side by side
| Measure | Q3 2026 / comparison |
|---|---|
| Period | Quarter ended September 30, 2026 |
| Reported net income | $15.3 billion; up 6% year on year |
| Reported diluted EPS | $5.57, versus $5.07 in Q3 2025 |
| Net income excluding the significant item | $15.8 billion; non-GAAP |
| EPS excluding the significant item | $5.75; non-GAAP |
| Investment securities losses | $658 million before tax; $498 million after tax |
Why the two profit figures differ
The filing identifies $658 million of net investment securities losses in Corporate. Their after-tax effect was $498 million. Removing that effect raises net income from $15.3 billion to $15.8 billion and adds $0.18 to reported EPS, taking it from $5.57 to $5.75. Totals are rounded in the release.
The excluded-item presentation is a non-GAAP measure: it adjusts the result calculated under standard accounting rules. It is not a second amount of profit earned on top of reported net income. A reader comparing this quarter with another bank or an earlier period should check which basis each number uses.
Business activity and the limits of the report
JPMorgan’s reported revenue was $50.2 billion. On its managed, non-GAAP business-line basis, the bank said Markets revenue increased 15% year on year: Equity Markets rose 49%, while Fixed Income Markets declined 4%. These are business-line revenue comparisons, not changes in a stock-market index or the bank’s share price.
This report does not establish a trading recommendation, an analyst-consensus beat or miss, or a share-price reaction. We have not independently assessed asset quality or projected the next quarter. For follow-up, use the detailed financial supplement and subsequent quarterly filing, keeping reported and non-GAAP measures separate.
Read CapKet’s separate HCLTech earnings report. It concerns a different company and reporting period, not a like-for-like banking comparison.
Official sources and checks
Source observation: 13/10/2026, 20:22:52 IST. Official results document · Issuer supporting page or document.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.