JPMorgan posts $57 billion profit in 2025, cites multiple headwinds

JPMorgan Chase, the nation’s largest bank, reported $57 billion in profit for 2025, down from a record $59 billion in 2024, the bank said on Tuesday. The bank, which recently moved into new headquarters in Manhattan, described the result as mixed. Executives flagged several factors that limited earnings growth, including larger reserves for potential credit‑card losses, weakness in a niche area of its investment bank and the drag of lower interest rates.

The bank said the Federal Reserve cut rates three times last year and that JPMorgan trimmed the average rate it offers on deposits to 2.2 percent from 2.7 percent. For the fourth quarter, JPMorgan earned $13 billion, down 7 percent from the same quarter a year earlier. Jamie Dimon, the bank’s chief executive, received a personal windfall of $770 million as the bank’s shares rose, and he said the company hoped to feed off "the benefits of deregulation and the Fed’s recent monetary policy" in the long term.

When asked about the Department of Justice’s criminal investigation of Federal Reserve chair Jerome H. Powell, Mr. Dimon said he did not always agree with Mr.

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Business, Jpmorgan Chase, Jamie Dimon, Apple Credit Card, Federal Reserve, Jerome Powell