In 2022 Q2, which of JPM's business segments had the highest net income?
Segment results managed basis
The following tables summarize the Firms results by segment for the periods indicated.
Three months ended June 30,
Consumer & Community Banking
Corporate & Investment Bank
Commercial Banking
(in millions, except ratios)
2022
2021
Change
2022
2021
Change
2022
2021
Change
Total net revenue
$ 
12,614 $ 
12,760 
 (1) %
$ 11,947 
$ 
13,214 
 (10) %
$ 
2,683 
$ 
2,483 
 8 %
Total noninterest expense
 
7,723 
7,062 
 9 
 
6,745 
 
6,523 
 3 
 
1,156 
 
981 
 18 
Pre-provision profit/(loss)
 
4,891 
5,698 
 (14) 
 
5,202 
 
6,691 
 (22) 
 
1,527 
 
1,502 
 2 
Provision for credit losses
 
761 
(1,868) 
NM
 
59 
 
(79) 
NM
 
209 
 
(377) 
NM
Net income/(loss)
 
3,100 
5,645 
(a)
 (45) 
 
3,725 
 
5,020 
(a)
 (26) 
 
994 
 
1,422 
(a)
 (30) 
Return on equity (ROE)
 24 %
 44 %
 14 %
 23 %
 15 %
 23 %
Three months ended June 30,
Asset & Wealth Management
Corporate
Total
(in millions, except ratios)
2022
2021
Change
2022
2021
Change
2022
2021
Change
Total net revenue
$ 
4,306 
$ 
4,107 
 5 %
$ 
80 $ (1,169) 
NM
$ 31,630 
$ 
31,395 
 1 %
Total noninterest expense
 
2,919 
 
2,586 
 13 
 
206 
515 
 (60) 
 
18,749 
 
17,667 
 6 
Pre-provision profit/(loss)
 
1,387 
 
1,521 
 (9) 
 
(126) 
(1,684) 
 93 
 
12,881 
 
13,728 
 (6) 
Provision for credit losses
 
44 
 
(10) 
NM
 
28 
49 
 (43) 
 
1,101 
 
(2,285) 
NM
Net income/(loss)
 
1,004 
 
1,156 
(a)
 (13) 
 
(174) 
(1,295) 
(a)
 87 
 
8,649 
 
11,948 
 (28) 
ROE
 
23 % 
32 %
NM
NM
 13 %
 18 %
Corporate & Investment Bank. Its net income was $3725 million.
3725 > 3100 > 1004 > 994 > -174