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

Key Points

• Erste Group Bank lowered its FY2026 EPS forecast for JPMorgan Chase to $24.95 from $25.12, though the estimate remains above the $23.97 analyst consensus.
• JPMorgan’s latest quarterly results missed expectations, with EPS of $5.75 versus $5.94 expected and revenue of $50.17 billion below the $51.23 billion consensus, despite 8.1% year-over-year revenue growth.
• The stock carries a “Moderate Buy” consensus rating with an average price target of $368.10; JPMorgan also raised its quarterly dividend to $1.65 per share, implying a 2.0% yield.

JPMorgan Chase & Co. (NYSE:JPM - Free Report) - Stock analysts at Erste Group Bank lowered their FY2026 EPS estimates for shares of JPMorgan Chase & Co. in a report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now expects that the financial services provider will post earnings of $24.95 per share for the year, down from their prior estimate of $25.12. The consensus estimate for JPMorgan Chase & Co.'s current full-year earnings is $23.97 per share.

A number of other research analysts have also recently issued reports on the company. Citigroup reduced their price objective on JPMorgan Chase & Co. from $360.00 to $350.00 and set a "neutral" rating on the stock in a research note on Thursday, October 15th. Morgan Stanley lifted their price objective on JPMorgan Chase & Co. from $370.00 to $377.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 14th. Robert W. Baird boosted their target price on JPMorgan Chase & Co. from $305.00 to $312.00 and gave the company a "neutral" rating in a research note on Wednesday, October 14th. Keefe, Bruyette & Woods restated an "outperform" rating on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. Finally, HSBC raised their price target on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the stock a "hold" rating in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $368.10.

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock opened at $331.82 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $882.04 billion, a PE ratio of 13.92, a P/E/G ratio of 1.31 and a beta of 1.02. The firm has a fifty day simple moving average of $345.41 and a two-hundred day simple moving average of $331.96. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The business had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. JPMorgan Chase & Co.'s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $5.07 EPS.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. JPMorgan Chase & Co.'s dividend payout ratio is currently 27.68%.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider owned 71,047 shares of the company's stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Hedge funds have recently modified their holdings of the company. Apollon Wealth Management LLC boosted its holdings in shares of JPMorgan Chase & Co. by 3.8% during the third quarter. Apollon Wealth Management LLC now owns 229,483 shares of the financial services provider's stock worth $75,920,000 after purchasing an additional 8,304 shares during the period. Level Wealth Management LLC bought a new stake in shares of JPMorgan Chase & Co. in the third quarter worth about $330,000. Holos Integrated Wealth LLC increased its holdings in JPMorgan Chase & Co. by 8.3% during the 3rd quarter. Holos Integrated Wealth LLC now owns 3,134 shares of the financial services provider's stock valued at $1,045,000 after purchasing an additional 240 shares during the period. Marest Capital LLC increased its holdings in JPMorgan Chase & Co. by 0.5% during the 3rd quarter. Marest Capital LLC now owns 22,157 shares of the financial services provider's stock valued at $7,335,000 after purchasing an additional 107 shares during the period. Finally, Aries Wealth Management raised its position in JPMorgan Chase & Co. by 0.7% during the 3rd quarter. Aries Wealth Management now owns 17,495 shares of the financial services provider's stock valued at $5,788,000 after purchasing an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: Digital-assets expansion: J.P. Morgan Asset Management made its MONY and JLTXX tokenized money-market funds available on the Solana blockchain for qualified U.S. investors. The move broadens access to the bank’s onchain platform and could support new fee and asset-gathering opportunities. J.P. Morgan Asset Management Expands Access to Its Tokenized Money Market Funds on Solana
• Positive Sentiment: JPM Coin reaches Ethereum: JPMorgan extended its USD-backed deposit-token payment system to the Ethereum mainnet for institutional clients, enabling potentially faster, always-on settlement. The expansion reinforces JPM’s position in institutional blockchain infrastructure. JPMorgan Chase Takes JPM Coin to Ethereum
• Positive Sentiment: Higher earnings outlook: Erste Group raised its fiscal 2027 EPS estimate for JPM to $25.56 from $25.27, above the current consensus forecast of $23.99. The revision offers support for the long-term earnings story. JPMorgan EPS Estimate Update
• Neutral Sentiment: JPMorgan disclosed stakes exceeding 5% in Panoro Energy, Deep Value Driller and Hexagon Composites. These appear to be investment or custody-related holdings and are not expected to materially affect JPM’s operating results. JPMorgan Ownership Disclosures
• Neutral Sentiment: JPMorgan strategists said hedge-fund positioning has reset and that downside risk for equities may be limited. This could improve market sentiment, but it is not a direct change to JPM’s fundamentals. JPMorgan Strategist Market Outlook
• Negative Sentiment: Average credit-card delinquencies among major issuers, including JPMorgan, increased to 2.6% in September. Although net charge-offs declined, rising delinquency rates could raise concerns about consumer credit costs and future provisions. Credit Card Delinquencies Creep Up
• Negative Sentiment: The recent earnings miss remains an overhang: quarterly EPS of $5.75 fell short of the $5.94 consensus, while revenue also missed estimates. This may be offsetting optimism around digital assets and higher longer-term forecasts.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

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