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Mar 31

JPMorgan Q1 2025 Earnings Report

JPMorgan Chase posted strong Q1 2025 results with robust revenue growth and record equity market performance.

Key Takeaways

JPMorgan Chase delivered a solid Q1 2025 with $14.6 billion in net income and $46.0 billion in revenue. Equities posted record revenue in Markets, and AWM saw $90 billion in net inflows. The firm maintained a strong CET1 ratio and returned capital via share repurchases and dividend hikes.

Net income reached $14.6 billion, driven by strong Markets and Investment Banking performance.

Equity Markets revenue surged 48%, contributing to $9.7 billion in total Markets revenue.

AWM reported $4.1 trillion in AUM with $90 billion in net inflows.

The firm returned $11 billion to shareholders via dividends and buybacks.

Total Revenue
$46B
Previous year: $42.5B
+8.1%
EPS
$5.07
Previous year: $4.44
+14.2%
Return on Equity
18%
Return on Tangible Common Equity
21%
CET1 Capital Ratio
15.4%
Cash and Equivalents
$1.5T
Previous year: $1.5T
+0.0%

JPMorgan

JPMorgan

JPMorgan Revenue by Segment

Forward Guidance

JPMorgan Chase maintains a cautious but prepared outlook, balancing strong capital and liquidity with global uncertainties.

Positive Outlook

  • Record performance in Equity Markets.
  • Solid Investment Banking fees and advisory strength.
  • Strong capital ratios support shareholder returns.
  • Healthy net inflows in AWM.
  • Liquidity remains robust at $1.5 trillion.

Challenges Ahead

  • Geopolitical and trade tensions increasing volatility.
  • Sticky inflation remains a concern.
  • Deposit margin compression continues.
  • Moderate decline in some deposit balances.
  • Macroeconomic uncertainty influencing reserve builds.