RaoscaffResearch
Prediction Series · Lock · Issue P-97
Prediction Series · P-97

JPMorgan's Q2 floor — ≥$12bn net, locked at 88%.

88% probability JPMorgan's Q2 2026 net income lands at or above $12bn — below its recent $13–15bn quarterly run-rate — with FY2026 NII guidance held near $103bn. A structural-floor call on the biggest US bank. Resolves 14 Jul 2026.

Type · Prediction Lock · structural earnings floor Locked · 2026-06-25 · before the Q2 results Resolves · 2026-07-14 · JPMorgan Q2 2026 results (jpmorganchase.com) Scored · binary: Q2 2026 net income ≥$12bn yes/no
JPMorgan Q2 2026 net income · our locked floor
≥ $12bn
net income · vs ~$13–15bn run-rate

JPMorgan has earned roughly $13–15bn in net income per quarter through 2025–26 and guides full-year 2026 net interest income to ~$103bn (trimmed from ~$104.5bn). Our $12bn floor sits below that earnings run-rate. Source: JPMorgan Chase Q2 2026 results, 14 Jul 2026 (jpmorganchase.com/investor-relations).

— 1 · The Locked Call

JPMorgan Q2 2026 net income lands ≥$12bn — P = 0.88.

We lock a binary: JPMorgan Chase reports Q2 2026 net income at or above $12 billion, per the company's results release. Confidence 88%.

— 2 · Why it's nail-able — and why only 88%

A $13–15bn run-rate gives the floor cushion — but a reserve build can swing a quarter.

JPMorgan's diversified franchise has printed ~$13–15bn of net income per quarter; our $12bn floor sits below that run-rate. Confidence 88%, not higher, because a large credit-reserve build (a recession-risk provision) or a one-off legal/markets charge can compress a single quarter's net income. Resolves against JPMorgan's reported Q2 net income.

Locked on 2026-06-25 — scored against JPMorgan's reported Q2 2026 net income.

RAOSCAFF locks P-97 on 2026-06-25, before the Q2 release. Scored against JPMorgan Chase's reported Q2 2026 net income versus a $12bn floor.

Locked
2026-06-25 (commit timestamp on origin/main)
Resolves
2026-07-14 — JPMorgan Chase Q2 2026 results
Source
JPMorgan Chase Q2 2026 earnings release / 8-K (jpmorganchase.com)
Scored by
Binary: YES if Q2 2026 net income ≥$12bn; NO otherwise

Structural earnings floor below the ~$13–15bn run-rate — a reserve build is the main miss path.