JPMorgan Chase Earnings: JPM to Kick Off Earnings Season with Q4 Results
JPMorgan Chase Earnings: JPM to Kick Off Earnings Season with Q4 Results
- JPMorgan Chase earnings are due out Tuesday, January 13.
- JPM falls ahead of earnings on potential White House move to cap credit card interest rates.
- Options show an expected move of +/- 10.43 points, or 3.21% of Monday’s stock price.
JPMorgan Chase to report Q4 Earnings on Tuesday, January 13
JPMorgan Chase (JPM) is set to report earnings on Tuesday, January 13, before the market open. It will be the first big bank to report, which will set the tone for the earnings season.
The bank stock fell nearly 2% on Monday after President Trump signaled appetite to cap credit card rates at 10% for one year. That move would likely hit profitability for big banks while doing little to address affordability.
Chase announced earlier this month that it would become the new issuer of the Apple Card. Goldman Sachs (GS) was the previous bank for issuing Apple Cards. Goldman reports earnings later this week on Thursday. The transition is expected to take up to two years to complete.
The new partnership will likely bring a $2.2 billion provision for credit losses, increasing its costs for the quarter. Although a one-time hit, traders will have to assess this figure together with the overall expense metrics.
Chase did signal back in December that 2026 expenses could rise by $1 to $2 billion from prior expectations to put the total yearly costs at $105 billion. Part of the higher costs will likely come from increased spending on artificial intelligence. The bank is also increasing compensation.
However, AI-driven efficiencies are also expected to add billions to its annual return on investment starting this year. The bank has integrated its proprietary LLM suite to hundreds of thousands of its employees. Still, the market will have to be convinced that it is matching spend with returns. The path of monetary policy will also be key for JPM stock in 2026, although out of the company’s control.
Trading JPM earnings
JPM started the year off on a high note, hitting a fresh all-time high on January 5 at 337.25 per share. Traders will likely be able to maintain recent momentum if the bank is able to beat analysts’ figures.
According to TradingView, JPM is expected to post earnings per share (EPS) of $4.85 on $46.17 billion in revenue. The bank has a solid track record of beating estimates, with it exceeding figures in every quarter over the preceding year.
Prices have largely maintained above the 100-day simple moving average (SMA) since April of last year. Monday’s pullback saw prices fall to challenge the 21-day exponential moving average, although the stock closed above the key EMA at the end of the trading day.
That said, a positive response would have traders looking to overtake the recent high. Alternatively, a disappointing set of results could move prices down to challenge the 100-day SMA.
JPM traded with an implied volatility rank of 17.4, meaning that volatility is subdued compared with the past twelve months of trading. The options market shows an expected move of +/- 10.43 points, or 3.21% of Monday’s 324.41 closing price.
Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.
tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastylive is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read the applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange-Traded Options Risk Disclosure found on tastytrade.com/disclosures.
tastytrade, Inc. ("tastytrade”) is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastytrade was previously known as tastyworks, Inc. (“tastyworks”). tastytrade offers self-directed brokerage accounts to its customers. tastytrade does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastytrade’s systems, services or products. tastytrade is a wholly-owned subsidiary of tastylive, Inc.
tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.
tastyfx, LLC (“tastyfx”) is a Commodity Futures Trading Commission (“CFTC”) registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association (“NFA”) (NFA ID 0509630). Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances as you may lose more than you invest.
tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. Neither tastylive nor any of its affiliates are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.
© copyright 2013 - 2026 tastylive, Inc. All Rights Reserved. Applicable portions of the Terms of Use on tastylive.com apply. Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastylive’s podcasts as necessary to view for personal use. tastylive was previously known as tastytrade, Inc. tastylive is a trademark/servicemark owned by tastylive, Inc.