JPMORGAN CHASE & CO (JPM)
JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
Open JPMORGAN CHASE & CO in the interactive graph- Ticker
- JPM
- SEC CIK
- 0000019617
- Sector
- Financials
- Industry
- Banks
- Periods
- FY2025 Q1, FY2025 Q4, FY2026, FY2026 Q1, FY2026 Q3, FY2027
- Headquarters
- New York, NY
- Employees
- 320,560
Key figures
- Revenue 73.66B USD
- NetIncome 16.49B USD
- DilutedEPS 5.94 USD/share
Reported figures
- CapitalExpenditure 0 USD
- CommonEquityTier1Ratio 14.1 percent
- CommonEquityTier1Ratio 14.3 percent
- DilutedEPS 4.63 USD/share
- DilutedEPS 5.07 USD/share
- DilutedEPS 5.94 USD/share
- DividendPerShare 1.50 USD/share
- FreeCashFlow -211.76B USD
- GrossProfit 47.33B USD
- InterestExpense 23.82B USD
- InterestIncome 23.30B USD
- InterestIncome 25.50B USD
- NetChargeOffs 2.30B USD
- NetIncome 1.58B USD
- NetIncome 1.69B USD
- NetIncome 1.77B USD
- NetIncome 1.81B USD
- NetIncome 13.03B USD
- NetIncome 14.64B USD
- NetIncome 16.49B USD
- NetIncome 16.50B USD
- NetIncome 3.64B USD
- NetIncome 307.00M USD
- NetIncome 4.42B USD
- NetIncome 4.98B USD
- NetIncome 6.94B USD
- NetIncome 699.00M USD
- NetIncome 7.27B USD
- NetIncome 9.04B USD
- OperatingExpenses 10.26B USD
- OperatingExpenses 10.98B USD
- OperatingExpenses 11.14B USD
- OperatingExpenses 185.00M USD
- OperatingExpenses 23.60B USD
- OperatingExpenses 23.98B USD
- OperatingExpenses 26.85B USD
- OperatingExpenses 26.90B USD
- OperatingExpenses 3.71B USD
- OperatingExpenses 4.07B USD
- OperatingExpenses 4.17B USD
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Drivers
- Absence of an FDIC special assessment accrual release in the prior year drove increase in
- Absence of the $588 million First Republic-related gain in the prior year drove decrease i
- Absence of the $588 million First Republic-related gain in the prior year partially offset
- Changes in the credit quality of certain exposures drove provision for credit losses in CI
- Continued strength in Securitized Products drove increase in Fixed Income Markets revenue
- Fee growth on higher market levels and client activity, as well as higher deposit balances
- Growth in management fees on strong net inflows and higher average market levels drove inc
- Higher Card Services net interest income largely on higher revolving balances drove increa
- Higher Payments fees drove increase in noninterest revenue excluding Markets
- Higher advisory and equity underwriting fees drove increase in Investment Banking fees
- Higher asset management fees in AWM and CCB drove increase in noninterest revenue excludin
- Higher asset management fees in J.P. Morgan Wealth Management drove increase in Banking &
- Higher auto lease depreciation drove increase in CCB noninterest expense
- Higher auto lease depreciation drove increase in noninterest expense
- Higher auto operating lease income drove increase in Card Services & Auto net revenue
- Higher auto operating lease income drove increase in noninterest revenue excluding Markets
- Higher brokerage activity drove increase in AWM net revenue
- Higher brokerage expense and distribution fees drove increase in noninterest expense
- Higher brokerage expense drove increase in CIB noninterest expense
- Higher compensation for bankers and advisors drove increase in CCB noninterest expense
- Higher compensation, including higher revenue-related compensation and growth in the numbe
- Higher compensation, including higher revenue-related compensation, drove increase in CIB
- Higher compensation, primarily due to higher revenue-related compensation and continued gr
- Higher deposit balances and fee growth drove increase in Payments revenue
- Higher deposit balances drove increase in net interest income excluding Markets
- Higher deposit-related fees drove increase in Banking & Wealth Management net revenue
- Higher distribution fees drove increase in AWM noninterest expense
- Higher investment banking fees drove increase in noninterest revenue excluding Markets
- Higher market levels and continued net inflows drove increase in assets under management a
- Higher marketing expense drove increase in CCB noninterest expense
- Higher marketing expense drove increase in noninterest expense
- Higher production revenue drove increase in Home Lending net revenue
- Higher revenue on strong client activity in Commodities, Credit and Currencies & Emerging
- Higher revolving balances in Card Services drove increase in net interest income excluding
- Impact of lower rates drove decrease in Corporate net interest income
- Impact of lower rates predominantly offset increases in net interest income excluding Mark
- Improvements in home prices drove net reserve release in CCB
- Increased client activity drove increase in Equity Markets revenue
- Lower card income partially offset increase in Card Services & Auto net revenue
- Lower debt underwriting fees partially offset increase in Investment Banking fees
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Risks
- Elevated asset prices represent significant risk
- Energy price volatility represents significant risk
- Geopolitical tensions and wars represent significant risks
- Large global fiscal deficits represent significant risk
- Trade uncertainty represents significant risk
Corporate events
- Common dividend of $4.1 billion or $1.50 per share
- Common stock net repurchases of $8.1 billion
Quotes
- “I want to express my deep gratitude to our employees across the globe for how th…”
- “Performance was strong across our businesses. In the CIB, revenue grew 19%. Mark…”
- “Regarding capital, we were pleased to see that the recent capital re-proposals m…”
- “The Firm delivered strong results in the first quarter, reporting net income of …”
- “The U.S. economy remained resilient in the quarter, with consumers still earning…”