The US bank’s markets revenue increased 15% in Q3 2026, as strong equity trading offset a four percent decline in fixed income.

J . P . Morgan’s equity markets revenue increased 49% year-on-year (YoY) to US $4.95 billion in Q3 2026 . This was driven by strong performance across products, particularly prime and derivatives. Total markets revenue reached US $10.3 billion , up 15% from the same period last year.   The largest US issuer booked US $8 billion in registered structured note sales in the third quarter, keeping its top position in the issuer league table The largest US issuer booked US $8 billion