JPMorgan (JPM): FY26 Q1 earnings call, Apr 14, 2026
On its Apr 14, 2026 earnings call (FY26 Q1), JPMorgan said 8 of the 15 words Kalshi listed; Parrot’s count agreed with all 15 settlements. Quotes below are at most 25 words each, with timed clips.
UpdatedMarkets
15 words · 8 settled yes · our count agreed on 15 of 15- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Clip | Market |
|---|---|---|---|---|---|---|---|
| Private Credit | Yes | 11 | 19 | ✓ | 83%n=2+tx from settlement history blended with transcripts | Hear it 20:30, Private Credit | – |
| Trading | Yes | 6 | 9 | ✓ | 82%n=2+tx from settlement history blended with transcripts | Hear it 16:51, Trading | – |
| M&A / Merger | Yes | 4 | 4 | ✓ | 63%transcripts from the transcript model | Hear it 7:44, M&A / Merger | – |
| Recession | Yes | 3 | 4 | ✓ | 70%n=2+tx from settlement history blended with transcripts | Hear it 21:06, Recession | – |
| Buyback | Yes | 2 | 3 | ✓ | 77%n=2+tx from settlement history blended with transcripts | Hear it 58:37, Buyback | – |
| Basel 3 | Yes | 2 | 3 | ✓ | 53%transcripts from the transcript model | Hear it 2:03, Basel 3 | – |
| Regulation | Yes | 1 | 1 | ✓ | 76%n=2+tx from settlement history blended with transcripts | Hear it 57:11, Regulation | – |
| Geopolitical | Yes | 1 | 1 | ✓ | 49%n=2+tx from settlement history blended with transcripts | Hear it 23:24, Geopolitical | – |
| Inflation | No | 0 | 0 | ✓ | 83%n=2+tx from settlement history blended with transcripts | – | |
| Hiring | No | 0 | 0 | ✓ | 67%n=2+tx from settlement history blended with transcripts | – | |
| Tariff | No | 0 | 0 | ✓ | 67%n=2+tx from settlement history blended with transcripts | – | |
| Fintech | No | 0 | 0 | ✓ | 59%n=2+tx from settlement history blended with transcripts | – | |
| Credit Card | No | 0 | 0 | ✓ | 58%transcripts from the transcript model | – | |
| Crypto / Bitcoin | No | 0 | 0 | ✓ | 40%n=2+tx from settlement history blended with transcripts | – | |
| Blockchain | No | 0 | 0 | ✓ | 35%n=2+tx from settlement history blended with transcripts | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
19 matches for “Private Credit”; 5 quoted, at least 25 words apart.
…about, and you've spoken about at length in the past, is on private credit. I think we fully appreciate what JPMorgan's view here is. Given…
…that are listening to this call, do you think that if we do have a default cycle in private credit, that it will be systemic?
…I think there's been some weakening in underwriting, and not just by private credit, elsewhere. There will be a credit cycle one day. I think…
…are on top of, you have to have very large losses in private credit before at least it looks like banks are going to get…
Hi. Jamie, in your CEO letter, as was mentioned, you talked about private credit, and you mentioned the $1.7 trillion private credit market, which didn't…
Where the listed words were said
…are, they're going to raise the spreads of what they're charging for private credit. Private credit spreads themselves and what they charge their clients have…
…We already have $80 billion or $90 billion of capital for the trading books. Those numbers just, they're completely out of whack with reality. Operational…
…color, IB fees were up 28% year-on-year, driven by strong performance across M&A and equity underwriting, partially offset by lower debt underwriting. Looking ahead, client…
…world, you got to look at what's going to happen in a recession. I'm not forecasting anything. I'm simply saying, for JPMorgan, we have to…
…We're doing it, fair market value and all that, but I'd rather buy back stock when we think it's a real discount, and the ongoing…
…lending. Now, let me spend a few minutes on the recently released Basel III Endgame and G-SIB reproposals. I'll start by acknowledging that this has…
…around $40 billion. Obviously, that can change depending on ultimate rules and regulations. We prefer to deploy the capital serving clients. The way you see…
…our historical stance about wanting to be conservative and concerns about the geopolitical dynamics. A couple things in there. One, as you know, we start…
Agents: this page as TSV at /api/v1/appearances/jpmorgan:2026-04-14:earnings_call · words: /api/v1/brief?appearance=jpmorgan:2026-04-14:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP