
JPMorgan's 9% expense surge could reshape Wall Street sentiment
JPMorgan signaled a 9% 2026 expense increase to about $105 billion, driven by inflation, healthcare costs, and AI investments; analysts warn that if other banks mimic this spend, it could dampen market sentiment and alter valuation math for the sector, even as investors remain bullish on financials amid expected deregulation and dealmaking. All eyes are on Bank of America’s upcoming earnings call for any guidance updates.











