JPMorgan Chase is set to release their third-quarter earnings before the opening bell, with analysts expecting earnings per share of $4.84 and revenue of $45.4 billion. The bank’s results will provide insight into the performance of U.S. consumers and corporations during the quarter, with a focus on trading revenue and the Wall Street mergers-and-IPO rebound.

Big banks like JPMorgan have seen favorable conditions under the Trump administration, benefiting from higher trading revenue due to market upheaval from trade policies. Investment bankers have been busier with more mergers, and bank regulators have proposed easing capital requirements. Stock market indices at record levels are also boosting wealth management divisions.

JPMorgan’s earnings report will be closely watched alongside reports from other major banks like Goldman Sachs, Citigroup, and Wells Fargo. The KBW Bank Index has outperformed regional lenders this year, climbing nearly 15% while the KBW Regional Banking Index has dropped roughly 1%. Bank of America and Morgan Stanley will also release their results this week.

Read more at CNBC: JPMorgan Chase (JPM) earnings Q3 2025