Key Highlights

  • JPMorganChase's $1.65 quarterly dividend, up from $1.50, has an October 6, 2026 ex-dividend date and is payable October 31.
  • Second-quarter net income was $21.2 billion, or $7.70 per share, and $16.9 billion, or $6.14 per share, excluding significant items.
  • Results included a $4.6 billion net gain related to Visa shares and $1.0 billion of gains on certain equity investments.
  • The Board authorized a new $50 billion common share repurchase program effective July 1, 2026.

JPMorgan Chase & Co.'s (NYSE:JPM) $1.65 quarterly dividend yields 1.99% and sits beside second-quarter EPS of $7.70, or $6.14 excluding significant items. The Board declared the increase from $1.50 on September 15, 2026, after announcing its intent on June 24. The $1.50 rate was declared in September 2025, up from $1.40.

Dividend Program and Shareholder Returns

JPMorganChase's Board declared a quarterly dividend of $1.65 per share on its outstanding common stock, an increase from the prior quarterly dividend of $1.50. It is payable October 31, 2026 to stockholders of record at the close of business on October 6.

The company announced on June 24 that the Board intended to raise the quarterly dividend to $1.65 for the third quarter of 2026, subject to approval at the customary time of declaration. The $1.50 dividends were payable January 31, April 30 and July 31, 2026.

About the Company

JPMorganChase is a leading financial services firm based in the United States, with operations worldwide. It had $5.0 trillion in assets and $375 billion in stockholders' equity as of June 30, 2026. The firm operates in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

Financial Performance Behind the Payout

JPMorganChase reported second-quarter net income of $21.2 billion, up 41%, or up 13% excluding significant items. Reported net revenue was $57.3 billion, up 28%, and managed revenue was $58.0 billion. Net interest income was $25.5 billion, up 10%, and noninterest revenue was $31.8 billion, up 47%.

ROE was 24% and ROTCE was 29%, or 23% excluding significant items. The provision for credit losses was $2.5 billion, including $2.4 billion of net charge-offs and a $149 million net reserve build. The standardized CET1 ratio was 14.1% and the advanced ratio was 14.2%. Investment banking fees rose 30%, and Markets revenue rose 35%.

Significant Items Between Reported and Adjusted Results

The $4.6 billion net gain related to Visa shares followed an exchange offer that Visa commenced on April 13, 2026, in which JPMorganChase tendered 18.6 million Class B-2 shares in May. The $1.0 billion of equity investment gains comprised $763 million in Corporate and $263 million in the Commercial & Investment Bank.

On June 25, the firm named Commercial & Investment Bank Co-CEOs Doug Petno and Troy Rohrbaugh as Co-Presidents. Petno became sole CEO of the Commercial & Investment Bank, Rohrbaugh became CEO of Consumer & Community Banking, and Marianne Lake is retiring after more than 25 years.

Outlook

The Board's $50 billion repurchase authorization runs at management's discretion, with amount and timing subject to various factors, according to the firm's June announcement. Net income excluding significant items, the CET1 ratios and the repurchase program are the measures reported alongside the new dividend.