Financials
A bank report in reported and managed terms
JPMorgan Chase’s latest quarterly release provides both reported and managed-basis figures. Revenue, credit costs, capital and equity returns each describe a different part of the bank.
The reporting context
JPMorgan Chase’s latest quarterly release provides both reported and managed-basis figures. Revenue, credit costs, capital and equity returns each describe a different part of the bank.
Reported observations
JPMorgan Chase & Co. (JPM) — Q3 2026, ended 2026-09-30, released 2026-10-13: Reported revenue 50,200 USD million; Managed revenue 50,900 USD million [non-GAAP managed basis]; Net income 15,300 USD million.
Interpretation
Use the reported and managed labels consistently. Common equity, tangible equity and risk-weighted assets are different denominators. Managed-basis revenue is a supplementary bank presentation, not a second revenue stream. Adding it to reported revenue would double count activity. Credit costs and the equity denominator belong to distinct analytical questions, so each return measure must retain its definition.
What the comparison does not establish
This single-company case study does not establish a bank-sector average. Credit experience, funding costs and market activity require their own source analysis.
Data method
This edition uses the latest quarterly earnings results located in official sources as of November 15, 2026. Each company page shows its own period end and release date, selected metrics, units and accounting basis. Amounts shown as rounded remain rounded. Analysis is editorial interpretation of the linked disclosures, not issuer guidance, price forecasts or personalized advice.