What is Erste Group Bank’s Forecast for JPM FY2026 Earnings?

JPMorgan Chase & Co. (NYSE:JPM) – Investment analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for shares of JPMorgan Chase & Co. in a research note issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the financial services provider will post earnings per share of $24.90 for the year, up from their previous forecast of $22.76. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $23.97 per share.

Several other research analysts also recently commented on JPM. Piper Sandler raised their price target on shares of JPMorgan Chase & Co. from $325.00 to $345.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. UBS Group boosted their price target on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Robert W. Baird upped their target price on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Truist Financial lifted their price objective on JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $418.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.67.

JPMorgan Chase & Co. Price Performance

JPM opened at $345.49 on Thursday. The business has a fifty day moving average of $326.95 and a 200 day moving average of $311.44. The stock has a market cap of $925.74 billion, a P/E ratio of 14.80, a PEG ratio of 1.49 and a beta of 0.99. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $359.30.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company earned $4.96 EPS.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio is presently 25.71%.

Insider Activity

In other news, General Counsel Stacey Friedman sold 5,467 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares of the company’s stock, valued at $13,547,031.53. This trade represents a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.41, for a total value of $935,037.02. Following the transaction, the chief financial officer directly owned 32,438 shares in the company, valued at $10,036,641.58. This represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 18,876 shares of company stock worth $5,907,051. Insiders own 0.41% of the company’s stock.

Institutional Trading of JPMorgan Chase & Co.

A number of hedge funds and other institutional investors have recently made changes to their positions in JPM. Providence Wealth Advisors LLC lifted its stake in shares of JPMorgan Chase & Co. by 1.7% in the 2nd quarter. Providence Wealth Advisors LLC now owns 21,242 shares of the financial services provider’s stock valued at $7,110,000 after purchasing an additional 364 shares during the last quarter. Keeler Thomas Management LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth about $3,819,000. Planning Center Inc. raised its holdings in JPMorgan Chase & Co. by 3.0% in the 2nd quarter. Planning Center Inc. now owns 4,214 shares of the financial services provider’s stock valued at $1,379,000 after buying an additional 123 shares during the period. Chicago Partners Investment Group LLC raised its holdings in JPMorgan Chase & Co. by 2.9% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 96,420 shares of the financial services provider’s stock valued at $33,738,000 after buying an additional 2,743 shares during the period. Finally, McBroom & Associates LLC lifted its position in JPMorgan Chase & Co. by 0.4% in the second quarter. McBroom & Associates LLC now owns 31,851 shares of the financial services provider’s stock valued at $10,426,000 after buying an additional 133 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. News Roundup

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan plans to raise its dividend by 10% and authorized a new $50 billion share-repurchase program. The capital-return measures, supported by record earnings and a strong balance sheet, could improve the stock’s appeal. JPMorgan’s Robust Capital Position Fuels Higher Shareholder Returns
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS estimate to $24.86 from $24.00, above the current consensus of $23.97, reinforcing expectations for continued earnings growth. JPMorgan EPS Estimate Raised
• Neutral Sentiment: J.P. Morgan economists now expect the Federal Reserve’s next rate hike in December 2026 after the central bank held rates steady in July. Higher rates can eventually support bank net-interest income, but the forecast also highlights persistent inflation and a potentially less favorable economic backdrop. J.P. Morgan Brings Forward Fed Rate Hike Forecast
• Negative Sentiment: Dimon said investors should prepare for volatility and that risks—including geopolitical and market risks—are being underestimated. His caution may temper enthusiasm for JPMorgan despite its record second-quarter results. Jamie Dimon Issues Warning to Investors
• Negative Sentiment: Bank stocks recently weakened after the Fed left interest rates unchanged, disappointing investors who expected a hike. Separate concerns that banks may face an AI-related drag or elevated financing risks are adding pressure to the sector. Why JPMorgan Chase Stock Tumbled

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.