JPMorgan Chase maintains cost outlook while boosting AI and branch investments
JPMorgan Chase maintained its 105 billion dollar expense outlook on Monday. The bank will boost AI and tech spending to drive long term growth and efficiency.
Insights:
JPMorgan Chase & Co. announced at its investor presentation on February 23, 2026, that it will keep annual adjusted expenses at $105 billion while pressing ahead with branch modernization and increased AI and technology investments. The bank revealed a planned technology budget of $19.8 billion for 2026, marking a material 10% increase over the previous year. This financial plan is intended to support the bank’s profitability targets, including a 17% return on tangible common equity (ROTCE).
