JPMorgan Chase maintains 2026 expense outlook and profitability targets

JPMorgan Chase reaffirmed its 105 billion dollar expense forecast on Monday. The bank also kept its core profitability target for shareholders at 17 percent.

Insights:
JPMorgan Chase & Co. announced today, February 23, that it has maintained its forecast for annual adjusted expenses at $105 billion. During an investor presentation, the largest bank in the US USUS also set a return on tangible common equity (ROTCE) target of 17%. This market-driven update reaffirms the bank's previous financial outlook and provides a basis for assessing its fiscal health.
JPMorgan Chase logo is seen in this illustration taken January 22, 2026. REUTERS/Dado Ruvic/Illustration
JPMorgan Chase logo is seen in this illustration taken January 22, 2026. REUTERS/Dado Ruvic/Illustration
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