New York, February 24, 2026, 17:23 EST — Trading after the bell.
- JPMorgan shares barely moved by the close, with after-hours trading also showing little shift.
- Investors are parsing the bank’s projections for fees, its approach to costs, and a spending strategy that leans hard into AI.
- Nvidia’s report on Wednesday is shaping up as the next key event for risk appetite.
JPMorgan Chase ended Tuesday down 0.12% at $297.30, with the stock barely moving after hours. (MarketWatch)
Suddenly, nerves are showing. Wall Street was abuzz after a Citrini Research report made the rounds, raising fresh concerns that artificial intelligence might upend payments and other corners of finance before banks have a chance to catch up, according to the Wall Street Journal. (The Wall Street Journal)
This is a big deal for JPMorgan, which is tangled up in just about every major U.S. finance trend—deal flow, trading, consumer loans, the price tag for tech, you name it. The bank’s own figures list total assets at $4.4 trillion. (Securities and Exchange Commission)
JPMorgan is looking for investment banking fees to climb by a mid- to possibly high-teens percent in the first quarter, according to a company update on Monday. Markets revenue is also seen growing at a mid-teens rate. Doug Petno, the commercial and investment bank’s co-CEO, described pipelines as “very good” and said, “I think a lot of these transactions will survive the volatility and carry on.” (Reuters)
The bank stuck with its full-year adjusted expense forecast of around $105 billion and projected tech spending will hit $19.8 billion in 2026—a 10% jump over last year. CFO Jeremy Barnum pointed to “tangible benefits” already showing up from AI. UBS analyst Erika Najarian wrote that investors were “very keen” for details on how AI might juice productivity and revenue. (Reuters)
JPMorgan’s latest filing keeps its 2026 net interest income forecast steady at roughly $95 billion outside of markets, with a firmwide figure near $104.5 billion. Slides from the same presentation put tech expense growth at about $19.8 billion, citing that close to a quarter of new spending ties back to AI. (Securities and Exchange Commission)
JPMorgan’s Marianne Lake told investors the bank hasn’t spotted any weakness among lower-income U.S. consumers, calling the picture “solid.” That matters: card and loan losses usually flare up first when consumers hit trouble, so the group keeps a close eye on those trends. (Reuters)
Succession chatter didn’t fade. CEO Jamie Dimon told analysts he plans to stick around as chief executive “a few years,” and left the door open for “a few after that” in an executive chairman role—if that’s the board’s direction. (Reuters)
Stocks broadly advanced as the S&P 500 climbed 0.77% and the Nasdaq gained 1.05%. Bank shares, though, saw uneven action—Bank of America dropped 1.29%, while Wells Fargo edged down 0.68%. (Reuters)
JPMorgan shares remain under pressure after tumbling 4.22% Monday, dropping from $310.79 to $297.67, historical pricing data show. (StockAnalysis)
The outlook for fees and trading is tied to market swings that can shift in a flash. When volatility drops, trading desks see support fade. But a surge—especially for the wrong reasons—can freeze IPOs and major deals fast.
Nvidia’s earnings land Wednesday, and traders are eyeing those numbers as a gauge for AI appetite. Over in bank stocks and other rate movers, the focus shifts to U.S. producer price data arriving February 27. The Fed’s policy meeting is scheduled for March 17-18. (Reuters)
