New York, January 5, 2026, 18:15 EST — After-hours
- JPMorgan shares climbed 2.6% to $334.04, after an intraday peak of $337.25.
- Financial stocks led Monday’s advance as investors positioned for bank earnings and Friday’s U.S. jobs report.
- JPMorgan unveiled a new advisory unit for top clients, while Barclays lifted its price target on the stock.
JPMorgan Chase & Co. shares rose 2.6% on Monday to $334.04, after touching an intraday high of $337.25, pushing the bank’s market value above the $900 billion mark. MarketWatch
The move puts the biggest U.S. lender in the spotlight as investors lean into large-cap financials early in 2026, hunting for earnings leverage outside the most crowded growth trades.
For bank investors, the next test is whether core profits keep compounding as interest-rate expectations shift and deal activity steadies. Net interest income — the spread between what a bank earns on loans and pays on deposits — remains the key swing factor.
Financials helped lift Wall Street on Monday as the Dow closed at a record, while energy shares jumped after a U.S. strike captured Venezuelan President Nicolás Maduro, Reuters reported. The S&P 500 financials index gained 2.2%, and analysts expect financial-sector earnings to rise 6.7% year over year in the December quarter, according to LSEG data cited by Reuters. “The mood has been favoring financial stocks in recent days,” said Steve Sosnick, chief market analyst at Interactive Brokers; investors now turn to Friday’s U.S. nonfarm payrolls report, with markets pricing about 60 basis points — hundredths of a percentage point — of Federal Reserve easing this year. Reuters
JPMorgan added a company-specific catalyst earlier in the day, saying it launched a Special Advisory Services unit aimed at long-standing, top-tier clients. The group will advise on themes including artificial intelligence, cybersecurity, digital assets, geopolitics and supply chains, the bank said, and will be led by Liz Myers, global chair of investment banking. Reuters
On the Street, Barclays raised its price target on JPMorgan to $391 from $342 and kept an “Overweight” rating, according to a note summary published by TheFly. A price target is an analyst’s estimate of where a stock could trade over the next year. TipRanks
Technically, JPM is coming off a wide intraday range, with traders watching whether the stock can hold above the prior breakout zone near the low-$330s after Monday’s push higher.
The next major catalyst is JPMorgan’s fourth-quarter and full-year 2025 results, due around 7 a.m. ET on Jan. 13, followed by a conference call at 8:30 a.m. ET, the bank said. JPMorgan Chase
Dividend timing is also in play. JPMorgan’s board declared a quarterly dividend of $1.50 per share, payable Jan. 31 to shareholders of record as of the close of business on Jan. 6; the shares are set to trade ex-dividend on Jan. 6, meaning buyers on or after that date will not receive the payout. JPMorgan Chase
But the trade is not one-way. A jobs surprise on Friday could reprice rate-cut expectations and pressure banks if yields swing sharply, while any sign of softer credit or weaker fee momentum in earnings season could puncture the early-year bid for financials.
Investors’ next checkpoints are Friday’s U.S. payrolls report and JPMorgan’s Jan. 13 results, when the bank’s outlook on margins, credit and capital return will shape how far the rally can run.
