JPMorgan Chase Q2 Earnings Expectations and Market Performance

• JPMorgan Chase expected to report Q2 revenue decline of 13.1% to $43.61 billion and adjusted EPS of $4.48: Analysts forecast JPM's revenue to drop from $46.01 billion last quarter, despite a 5.6% revenue beat previously; the stock has risen 6.2% in the past month with an average analyst price target of $291.54 versus a current price near $287.
• JPMorgan Q2 earnings expected on July 15, 2025, with anticipated trading revenue gains due to record trading activity post-tariffs: The bank is set to report before market open, with trading revenue gains linked to President Trump's Liberation Day tariffs, contributing to a bullish outlook for the earnings season.
• Expected Q2 revenue of $44.04 billion and EPS of $4.48 amid challenges from declining net interest income and slowing deposit growth: Analysts note risks from lower interest rates and increased external borrowing needs, though JPM's strong credit loss allowance and low nonperforming asset ratio provide some stability.

Market and Stock Price Volatility

• JPMorgan stock price around $286.86, down 0.46%, with expected earnings-related volatility of 3.7%: Option traders are advised to use risk-defined strategies due to potential price swings around the earnings release.
• HSBC downgrade of JPMorgan due to macroeconomic uncertainty and weakening US dollar may pressure stock price: The downgrade reflects concerns about broader economic risks including tariff uncertainties that could indirectly impact JPM's performance.

• Key focus areas for JPMorgan's earnings include net interest margins, credit loss provisions, and management's economic outlook amid tariff and trade policy changes: Investors will closely watch how these factors influence JPM's financial results and guidance.