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JPMorgan Chase & Co

JPMorgan Chase & Co Q1 2022 Earnings Analysis

Reported on 2022-05-03 / Fiscal Quarter Q1 2022
Revenue Down YoY Margin Under Pressure EPS Below Prior Year Weak Quarter
JPMorgan Chase & Co faced a challenging Q1 2022, with pressure on both growth and profitability.

Revenue declined 3.8% year over year and fell 79% sequentially. Margins weakened from the previous quarter, indicating ongoing pressure on profitability. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

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Source: Company filings / processed earnings data
Revenue
$32.3B
YoY: -3.8356%
QoQ: -78.9747%
Net Income
$8.3B
YoY: -42.0839%
QoQ: -20.36%
EPS (Diluted)
$2.63
YoY: -41.56%
Net Margin
25.6%
YoY: -16.91 pts
QoQ: -8.26 pts
Gross Margin
90.5%
Operating Margin
31.1%
Growth

Revenue trend

Revenue pressure continues, indicating softer demand or pricing headwinds.

Profitability

Margin and earnings quality

Margins deteriorated from last quarter, indicating weaker profit conversion.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

JPMorgan Chase & Co reported $32.3B in revenue for Q1 2022, down 3.8% YoY and down 79% QoQ. The year-over-year decline indicates ongoing pressure on topline performance.

Revenue Snapshot
Current Quarter $32.3B
Previous Quarter $30.7B
Same Quarter Last Year $33.6B
YoY Change -3.8%
QoQ Change -79%

Profitability Analysis

Net income came in at $8.3B, down 42.1% YoY and down 20.4% QoQ. Net margin was 25.6%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $8.3B
EPS $2.63
Net Margin 25.6%
QoQ Margin Change -8.3 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was JPMorgan Chase & Co's revenue in Q1 2022?

JPMorgan Chase & Co reported revenue of $32.3B in Q1 2022.

What was JPMorgan Chase & Co's net income in Q1 2022?

JPMorgan Chase & Co reported net income of $8.3B in Q1 2022.

How did JPMorgan Chase & Co's revenue change year over year?

JPMorgan Chase & Co's revenue decreased by 3.8% year over year in Q1 2022.

What was JPMorgan Chase & Co's net margin in Q1 2022?

JPMorgan Chase & Co's net margin was 25.6% in Q1 2022.

Related
JPMorgan Chase & Co Q4 2021 Earnings

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Related
JPMorgan Chase & Co Company Overview

Explore company profile, industry, and historical context.

Related
JPMorgan Chase & Co Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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