Investment banking fees

Revenue

JPMorgan Chase Investment banking fees decreased by 10.9% to $2.33B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $2.42B to $2.33B. Over 4 years (FY 2021 to FY 2025), Investment banking fees shows a downward trend with a -7.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase suggests strong corporate deal flow and market activity, while a decrease may signal a slowdown in capital markets.

Detailed definition

This metric represents revenue generated from advisory services, underwriting of equity and debt securities, and other c...

Peer comparison

Comparable to investment banking revenue reported by global peers like Goldman Sachs or Morgan Stanley.

Metric ID: is_jpm_investment_banking_fees

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.47B$3.28B$3.49B$2.01B$1.59B$1.67B$1.42B$1.65B$1.51B$1.72B$1.64B$1.95B$2.30B$2.23B$2.42B$2.18B$2.50B$2.61B$2.33B
QoQ Change-5.4%+6.5%-42.5%-21.0%+5.5%-15.3%+16.3%-8.2%+13.8%-5.1%+19.5%+17.9%-3.2%+8.5%-10.0%+14.7%+4.5%-10.9%
YoY Change-54.3%-49.0%-59.4%-17.9%-4.6%+2.9%+15.3%+18.5%+52.3%+29.6%+48.1%+11.5%+8.5%+17.1%-3.9%
Range$1.42B$3.49B
CAGR-8.5%
Avg YoY Growth+1.0%
Median YoY Growth+8.5%

Frequently Asked Questions

What is JPMorgan Chase's investment banking fees?
JPMorgan Chase (JPM) reported investment banking fees of $2.33B in Q4 2025.
How has JPMorgan Chase's investment banking fees changed year-over-year?
JPMorgan Chase's investment banking fees decreased by 3.9% year-over-year, from $2.42B to $2.33B.
What is the long-term trend for JPMorgan Chase's investment banking fees?
Over 4 years (2021 to 2025), JPMorgan Chase's investment banking fees has grown at a -7.6% compound annual growth rate (CAGR), from $13.22B to $9.62B.
What does investment banking fees mean?
Revenue earned from helping companies raise capital and execute mergers and acquisitions.

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