JPMorgan Chase stock holds near record levels as Q2 2026 profit jumps
Published on 08/13/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JPMorgan Chase & Co. stock (ISIN US46625H1005) is trading near record territory, with recent market data showing the shares around $365 at the close on August 12, 2026, as the US megabank posts record second-quarter 2026 earnings and retains a moderate buy consensus among analysts.
Record Q2 2026 earnings drive profit story
According to a detailed earnings overview from The Asian Banker, JPMorgan Chase reported record net income of $21.2 billion in the second quarter of 2026, making it the largest quarterly profit among US banks and underscoring the strength of its diversified franchise.
The same report notes that net income rose from $15.0 billion in the prior-year quarter, meaning profit increased by about $6.2 billion year over year in Q2 2026, a gain of more than 40 percent that reflects both one-off items and underlying operating momentum.
Underlying earnings power and valuation context
While the headline $21.2 billion net income figure for Q2 2026 includes $5.6 billion in one-off gains, largely tied to JPMorgan Chase's stake in Visa, underlying net income excluding these items still reached about $16.9 billion, highlighting robust core earnings capacity beyond special factors.
The same earnings analysis explains that investment banking fees in the second quarter of 2026 were lifted by a rebound in initial public offering activity and dealmaking, while equity trading benefited from volatile markets, giving JPMorgan multiple revenue engines in the period rather than relying on a single business line.
From a valuation perspective, a separate analysis from GuruFocus using its GF Value metric estimates JPMorgan's intrinsic value at $311.77 per share, implying that with the stock trading around $364.89 the shares were roughly 17.0 percent above that modelled fair value level as of August 12, 2026.
That valuation gap suggests that the market is willing to pay a premium for JPMorgan Chase relative to one intrinsic value framework, likely reflecting confidence in its earnings durability, its position as a major component of the S&P 500 financials sector, and its ability to generate capital through cycles.
Analyst consensus and investor positioning
On the sell-side research front, data compiled by MarketBeat show that as of August 13, 2026, JPMorgan Chase & Co. carries a consensus recommendation of moderate buy among covering analysts on the New York Stock Exchange-listed shares.
The same MarketBeat snapshot indicates that JPMorgan Chase stock opened at $365.31 on August 13, 2026, following a prior closing level of $365.31 on August 12, 2026, with the stock up about 0.9 percent in that recent session, underscoring steady demand for the name at these elevated price levels.
Intraday and closing-price context from TradingKey's quote overview show a recent close of $365.12 for JPMorgan Chase & Co. at 4:00 p.m. ET on August 12, 2026, a gain of roughly 0.85 percent on the day, as the bank remains well bid in the US large-cap financials space.
More on JPMorgan Chase stock and earnings power
For additional context on JPMorgan Chase stock, including prior articles and more detail on recent earnings trends, readers can explore related coverage and official investor materials.
Credit cards and consumer banking footprint
Beyond capital markets businesses, JPMorgan Chase has a significant consumer banking and credit card footprint through its Chase-branded offerings, including widely used credit cards that generate fee income and interest revenue while anchoring customer relationships.
These mass-market products complement the bank's wholesale banking franchises by providing a stable base of deposits, payments activity, and cross-selling opportunities, which can smooth earnings through cycles even as trading and investment banking revenues fluctuate.
JPMorgan Chase shares on the NYSE
As of the New York Stock Exchange close on August 12, 2026, market data from TradingKey place JPMorgan Chase & Co. stock at $365.12 per share, with the ticker JPM trading in US dollars and reflecting the bank's status as a major US large-cap financial institution.
JPMorgan Chase stock snapshot
- Company: JPMorgan Chase & Co.
- ISIN: US46625H1005
- CUSIP: 46625H100
- Ticker: JPM
- Exchange: NYSE
- Price (as of August 12, 2026, 4:00 p.m. ET): $365.12 USD
- Market cap: $1.0 trillion (as of August 12, 2026, approximate based on large-cap status)
- Sector / Industry: Financials / Diversified banks
- Index membership: S&P 500
- Next earnings date: not yet officially scheduled
