On April 11, JPMorganChase reported firm-wide financial results with net income of $14.6 billion, up 9% year-over-year. The J.P. Morgan Payments business contributed quarterly revenue of $4.6 billion – a 2% increase year-over-year. Revenue for the Payments business was up 3% excluding the net impact of equity investments, driven by higher deposit balances.

Described by Tearsheet as “the bank's next growth engine,” J.P. Morgan Payments continued to reinforce this growth trajectory with our Q1 2025 earnings results. Additional highlights from the quarter include:

Read the firmwide earnings release here.