Can JPMorgan's IB Business Momentum Continue Into 2026?

Key Takeaways JPM's IB fees rose 12% to $7.29B in the first nine months of 2025, driven by advisory and underwriting gains.A friendlier rate backdrop and revived private equity activity fueled deal-making and underwriting volumes.While growth may moderate, JPMorgan's scale and diversification keep it well-positioned to lead in IB fees.JPMorgan’s (JPM) investment banking (IB) business gained solid traction through the first nine months of 2025, signaling a strong recovery in global deal activity. The bank re ...