JPMorgan ended 2025 with a strong fourth quarter, exceeding street expectations with adjusted earnings of $5.23 per share and revenue of $46.7 billion. However, 2026 looks uncertain due to political turbulence impacting the bank’s outlook.

Consumer banking remains stable for JPMorgan, with spending holding up, contained delinquencies, and credit cards generating outsized returns. Despite a strong performance in 2025, the shifting political environment presents challenges for the bank’s future profitability.

President Trump’s comments on capping credit card interest rates at 10% triggered a sell-off in card-heavy firms. While enforcing such a cap faces challenges, the incident underscores the vulnerability of banks to policy changes and political pressure on their profitable business lines.

JPMorgan faces political risks amid strong earnings, as executives navigate potential scrutiny and pressure from the White House. The tension between solid fundamentals and political uncertainties may impact the bank’s performance moving forward, highlighting the complexities of operating in a volatile environment.

Read more at Yahoo Finance: JPMorgan earnings show strong 2025 even as the poltical backdrop darkens