JPMorgan kicked off earnings season Tuesday (Oct .14) with third-quarter results that pointed to robust spending patterns from clients, some headwinds to savings, and a measurable impact from the bankruptcy of subprime auto lender Tricolor Holdings. Company earnings materials revealed that debit and card sales volumes were up 9% year over year.
A return to the forefront for initial public offerings (IPOs) and a relentless stock market rally, highlighted by a massive run by the Magnificent 7 tech stocks, in tandem with the Gold Mining stocks and Utilities, have led the stock market to print new all-time highs this year for all of the major indices.
JPMorgan Chase & Co. (NYSE: JPM) reported a quarterly profit rise, underlining how the largest US lender continues to position itself as a central player in the country's economic and technological transformation. The bank earned net income of $14.4 billion in the third quarter of 2025, up 12% from the previous year.
JPMorgan Chase CEO Jamie Dimon said Tuesday that bankruptcies in the U.S. auto market are a sign that lending standards grew too lax in the past decade-plus. Dimon, the longtime leader of the largest U.S. bank by assets, was speaking about the recent collapse of auto parts firm First Brands and subprime car lender Tricolor Holdings.
JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) reported robust third quarter earnings, topping Wall Street expectations across key metrics as the bank demonstrated strength across its business lines. The bank reported net income of $14.39 billion, or $5.07 per share, surpassing analysts' projected range of $4.84 to $4.87.
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