JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition
January 13, 2026
JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking. The bank said Tuesday it earned $13.03 billion, or $4.63 a share. This includes a one-time hit of 60 cents per share from the acquisition of the Apple Card credit card portfolio from Goldman Sachs. Excluding loan-loss reserves, Chase earned $5.23 a share. Analysts expected $4.85 per share. CEO Jamie Dimon remains optimistic about the U.S. economy, noting stable consumer spending and business health. The bank’s revenues rose 7% to $45.8 billion. JPMorgan starts the bank earnings session this week.