JPMorgan Q2 Profit Beats Forecast, Lifts 2025 Outlook

JPMorgan Chase reported an adjusted second-quarter net profit of $14.2 billion, down from $18.3 billion last year, but still exceeding Wall Street expectations. Adjusted earnings per share were $4.96, and total managed revenue reached $45.7 billion, both beating analyst forecasts despite being lower than the previous year. The bank's markets division posted a 15% revenue increase, while investment banking fees rose 7% due to higher IPO and M&A activity. JPMorgan raised its 2025 full-year net interest income outlook by $2 billion to $92 billion, citing ongoing strength in lending and fee-based businesses. CEO Jamie Dimon described the U.S. economy as resilient but warned of risks from trade tensions, geopolitical instability, and high asset prices. This marks JPMorgan’s sixth consecutive quarter of outperforming expectations, though future profitability may be impacted if the Federal Reserve cuts interest rates later this year.