Global Banks' Q2 Valuations Rise as JPMorgan, Bank of America Eye Payments Network
JPM•Valuations of global banks rose in the second quarter of 2026 as firms ramped up dividends and share repurchases. JPMorgan Chase is in talks with Bank of America and other lenders to develop a joint payments network aimed at reducing transaction fees and accelerating settlement.
1. Global Bank Valuations Increase in Q2 2026
Global banks saw a rebound in market valuations during the second quarter of 2026 as the sector delivered higher capital returns. Firms boosted dividend payouts and share buyback programs, prompting investor confidence and driving average price‐to‐book multiples upward.
2. JPMorgan and Peers Explore Joint Payments Network
JPMorgan Chase has entered discussions with Bank of America and other major lenders to establish a proprietary payments network. The proposed platform would handle debit and credit transactions directly, aiming to cut processing fees, shorten settlement times and reduce reliance on existing card schemes.
