BUZZ-JPMorgan falls after lifting annual expense forecast

Jpmorgan Chase

Jpmorgan Chase

JPM

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** U.S. banking giant JPMorgan's JPM.N shares down 2.4% at $326.80 premarket

** JPM reports profit of $21.2 billion, or $7.70 per share, in the three months ended June 30, compared with $14.99 billion, or $5.24 per share, in the year-ago period

** Bank raises forecast for 2026 expenses to $107.5 billion

** Investment banking fees surges ~30% in Q2 from a year earlier

** As of last close, stock up nearly 4% YTD


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