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Investment banking revenue worldwide from 1st quarter 2023 to 4th quarter 2025 (in billion U.S. dollars)

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Source

Release date

January 2026

Region

Worldwide

Survey time period

Q1 2023 to Q4 2025

Supplementary notes

Release date is date of access. Figures are rounded. 

Citation formats

Quarterly global investment banking revenue 2023-2025

Published by K. Scholle, Jan 23, 2026

Global investment banking revenue surpassed 100 billion U.S. dollars in 2025, driven primarily by M&A activity, which remained the largest revenue-generating segment. Performance was strong throughout the year, with each quarter posting revenues above ** billion U.S. dollars, a level not seen in any quarter since 2023. The third quarter stood out as the most profitable, generating **** billion U.S. dollars. Among individual firms, JPMorgan Chase led the industry, reporting *** billion U.S. dollars in investment banking revenue and capturing *** percent of total global revenues in 2025.

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Statistics on " Investment banking "

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Other statistics that may interest you Investment banking

Overview

8

M&A

6

Market leaders

3

IPOs

4

Industry leaders

3

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Topics

Investment bankingBanking in the U.S.Largest banks in the UKBanking industry in ChinaBanking in the UK
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