JPMorgan Chase (JPM) saw its stock decline following a recent internal meeting, with shares falling 2.3% in early trading. Market observers point to cautious guidance and rising credit risk indicators as underlying factors.
- JPMorgan Chase (JPM) stock declined 2.3% post-meeting to $212.40
- Projected 15% rise in first-quarter 2026 loan loss provisions exceeds analyst forecasts
- Credit card delinquency rate increased to 2.8% in November
- KBW Bank Index fell 1.7% as broader financial sector reacted
- Investor focus shifting to upcoming Federal Reserve meeting for rate guidance
JPMorgan Chase (JPM) experienced a notable dip in its stock price after a high-level internal meeting, with shares dropping 2.3% to $212.40 in pre-market trading on December 13, 2025. The decline followed commentary from Jim Cramer, who cited investor unease regarding the bank’s forward-looking statements during the session. While no formal earnings report was released, the meeting reportedly included updated projections on loan loss provisions and credit quality metrics. The bank’s management emphasized a conservative approach to loan growth amid elevated macroeconomic uncertainty, highlighting a projected 15% increase in provision expenses for the first quarter of 2026. This projection exceeds recent consensus estimates by 8%, fueling concerns about margin compression. Additionally, credit card delinquency rates rose to 2.8% in November, up from 2.5% in October, signaling potential stress in consumer lending. The move affected broader financial sector sentiment, with the KBW Bank Index shedding 1.7% and other large-cap banks like Bank of America (BAC) and Citigroup (C) also recording modest losses. Institutional traders adjusted positions, with JPM futures indicating a bearish bias ahead of the open. The decline underscores the sensitivity of major financials to shifts in risk appetite and macroeconomic expectations. Market participants are now closely watching next week’s Federal Reserve meeting for additional clues on interest rate policy, which could influence JPMorgan’s future capital allocation and loan pricing strategies.