At a glance
- JPMorgan, Wells Fargo, Goldman Sachs and Citi reported wealth revenue growth in a 12% to 15% band in the same earnings round, according to the coverage.
- JPMorgan's 14% sits inside that band.
- Because revenue and expenses rose at the same rate, JPMorgan's expense-to-revenue ratio was unchanged from before the growth.
JPMorgan's asset and wealth management revenue rose 14% to $6.9 billion in the latest quarterly earnings, and expenses in the same business rose at the same rate.
JPMorgan, Wells Fargo, Goldman Sachs and Citi reported wealth revenue growth in a 12% to 15% band in the same earnings round, according to the coverage. JPMorgan's 14% sits inside that band.
Because revenue and expenses rose at the same rate, JPMorgan's expense-to-revenue ratio was unchanged from before the growth.
Reported by PWD Editors from PWD coverage — bank earnings (wealth revenue rises 12% to 15% at JPMorgan, Wells Fargo, Goldman, Citi), PWD coverage — Carlyle takes a minority stake in Prime Capital Financial and PWD coverage — Sammons launches Criterion, holding company for three RIAs with $27B AUM/A. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections