JP MORGAN CHASE(US:JPM)2025-07-15 12:30Financial Performance Highlights - Net income for 2Q25 reached $15 billion, resulting in an EPS of $5.24[2,4] - Excluding a significant item, net income was $14.2 billion, EPS was $4.96, and ROTCE was 20%[2,3,5] - Managed revenue totaled $45.7 billion[2,4] - Expenses amounted to $23.8 billion, with a managed overhead ratio of 52%[2,4] Balance Sheet Strength - CET1 capital stood at $284 billion[2,5] - Standardized CET1 capital ratio was 15.0%, while the Advanced CET1 capital ratio was 15.1%[2,5] - Average loans reached $1.4 trillion, up 5% year-over-year and 3% quarter-over-quarter[2] - Average deposits were $2.5 trillion, up 6% year-over-year and 3% quarter-over-quarter[2] - Cash and marketable securities totaled $1.5 trillion[2] Capital Distribution - Common dividend was $3.9 billion, or $1.40 per share[2] - Net common stock repurchases amounted to $7.1 billion[2] - Net payout LTM (Last Twelve Months) was 71%[2] Business Segment Performance - Consumer & Community Banking (CCB) reported net income of $5.2 billion, up 23% year-over-year, with revenue of $18.8 billion, up 6% year-over-year[10,16] - Commercial & Investment Bank (CIB) reported net income of $6.7 billion, up 13% year-over-year, with revenue of $19.5 billion, up 9% year-over-year[17,22] - Asset & Wealth Management (AWM) reported net income of $1.5 billion, up 17% year-over-year, with revenue of $5.8 billion, up 10% year-over-year[23,25] Outlook - The company expects FY2025 net interest income of approximately $95.5 billion, market dependent[30] - The company expects FY2025 net interest income excluding Markets of approximately $92 billion, market dependent[30] - The company expects FY2025 Card Services NCO rate of approximately 3.6%[30] - The company expects FY2025 adjusted expense of approximately $95.5 billion, market dependent[30]