JPMorgan Chase Reports July Credit Card Delinquency Rate at 0.86%

JPMorgan Chase reports a credit card delinquency rate of 0.86% in July, with revenues broken down across retail banking (39.6%), investment and market banking (38.8%), asset management (11.9%), and commercial banking (9.7%). The group manages $2,406 billion in assets under management and $2,406 billion in current deposits and loans.

JPMorgan Chase & Co. (JPM) reported a credit card delinquency rate of 0.86% in July 2025, according to its latest earnings report. This figure marks a slight increase from the previous quarter but remains below the 14-year high of 12.27% recorded in the second quarter of 2025 [1]. The report also highlighted the company's robust performance across various segments, with revenues broken down as follows: retail banking (39.6%), investment and market banking (38.8%), asset management (11.9%), and commercial banking (9.7%).

The company manages $2,406 billion in assets under management and $2,406 billion in current deposits and loans. Despite the rising consumer debt and increasing delinquencies in the broader market, JPMorgan Chase's strong capital position and diversified revenue streams have helped it navigate the challenging economic environment.

JPMorgan Chase's second-quarter 2025 adjusted earnings of $4.96 per share exceeded the Zacks Consensus Estimate of $4.51, driven by solid performance in capital markets and loans. The company's fixed-income markets revenues jumped 14% to $5.7 billion, while equity trading numbers rose 15% to $3.2 billion. The company also reported a decline in provision for credit losses, indicating a cautious approach to underwriting amid economic uncertainty [2].

The company's capital position remains solid, with a Tier 1 capital ratio of 16.1% at the end of the second quarter, down from 16.7% in the prior-year quarter. The company's total capital ratio was 17.8%, compared to 18.5% a year ago. JPMorgan Chase's book value per share stood at $122.51 as of June 30, 2025, compared to $111.29 a year ago.

Looking ahead, JPMorgan Chase expects its non-interest income (NII) to reach approximately $95.5 billion following solid first-half performance and higher yields. The company emphasized the importance of artificial intelligence (AI) in boosting efficiency and noted that its technology budget is $18 billion this year, up roughly 6% from last year.

References:
[1] https://www.aol.com/serious-credit-card-delinquencies-hit-142216354.html
[2] https://finance.yahoo.com/news/why-jpmorgan-chase-co-jpm-153003587.html