{ "ticker": "JPM", "cik": "0000019617", "company": "JPMorgan Chase & Co.", "business_type": "bank", "schema_template": "bank / diversified financial holding company", "schema_rationale": "JPMorgan Chase is a bank holding company, so the statements have no revenue/cost-of-goods/capital-expenditure structure to report. The figures below follow the bank template the filings themselves use: net interest income and noninterest revenue on the revenue side, provision for credit losses, noninterest expense, net income and earnings per share; loans, deposits, total assets and stockholders' equity on the balance sheet; and the capital, book-value and return measures (CET1, book value and tangible book value per share, ROE and ROTCE) that the Firm presents in its own financial highlights. Segment results are carried on the managed (fully taxable-equivalent) basis in which the filings present them, together with the reconciling items back to reported U.S. GAAP totals.", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual dollars (not millions)", "units_notes_seen": { "FY2025 10-K consolidated statements of income": "Year ended December 31, (in millions, except per share data)", "FY2025 10-K consolidated statements of comprehensive income": "Year ended December 31, (in millions)", "FY2025 10-K consolidated balance sheets": "December 31, (in millions, except share data)", "FY2025 10-K consolidated statements of changes in stockholders' equity": "Year ended December 31, (in millions, except per share data)", "FY2025 10-K consolidated statements of cash flows": "Year ended December 31, (in millions)", "FY2025 10-K three-year summary of consolidated financial highlights": "As of or for the year ended December 31, (in millions, except per share, ratio, employee data and where otherwise noted)", "FY2025 10-K segment and Corporate results tables": "(in millions, except ratios)", "Q1 2026 10-Q consolidated statements of income": "Three months ended March 31, (in millions, except per share data)", "Q1 2026 10-Q consolidated balance sheets": "(in millions, except share data)", "Q1 2026 10-Q consolidated statements of cash flows": "Three months ended March 31, (in millions)", "Q1 2026 10-Q consolidated financial highlights": "As of or for the period ended, (in millions, except per share, ratio, employee data and where otherwise noted)", "Q1 2026 10-Q segment and Corporate results tables": "(in millions, except ratios)", "Q2 2026 earnings release supplement consolidated financial highlights": "(in millions, except per share and ratio data)", "Q2 2026 earnings release supplement consolidated financial highlights, continued": "(in millions, except ratios, employee data and where otherwise noted)", "Q2 2026 earnings release supplement consolidated statements of income": "(in millions, except per share and ratio data)", "Q2 2026 earnings release narrative (Exhibit 99.1) results tables": "($ millions, except per share data)" }, "units_handling_note": "Every dollar figure in this file has been converted from the filings' millions presentation to actual dollars. Share counts that the filings present in millions (weighted-average shares, common shares at period-end) have likewise been converted to actual share counts. Share counts the balance sheet states in whole shares - shares issued, treasury shares and preferred shares issued - are carried through unchanged. Per-share amounts and ratios are left exactly as the filings state them.", "adjustments": { "splits_applied": [], "splits_note": "No stock splits are recorded for JPMorgan Chase over the periods reported, so no per-share figure required split adjustment. Per-share amounts are as reported.", "adr_ratio": null, "adr_note": "JPMorgan Chase & Co. common stock is a domestic U.S. listing, not an ADR, so no ADR ratio applies.", "fx": "None. 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"year_to_date": [ { "fiscal_period": "2026 six months ended June 30", "period_start": "2026-01-01", "period_end": "2026-06-30", "period_type": "six months", "source_accession": "0001628280-26-048078", "source_statement": "Second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14)", "source_basis": "Press-release figures; the Form 10-Q for the quarter ended June 30, 2026 had not been filed as of the date these figures were compiled.", "income_statement": { "noninterest_revenue": 56306000000, "interest_income": 99815000000, "interest_expense": 48938000000, "net_interest_income": 50877000000, "total_net_revenue": 107183000000, "total_net_revenue_managed_basis": 108558000000, "total_noninterest_expense": 54166000000, "pre_provision_profit": 53017000000, "provision_for_credit_losses": 5022000000, "income_before_income_tax_expense": 47995000000, "income_tax_expense": 10346000000, "net_income": 37649000000, "earnings_per_share_basic": 13.65, 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"pre_provision_profit": 42846000000, "provision_for_credit_losses": 6154000000, "income_before_income_tax_expense": 36692000000, "income_tax_expense": 7062000000, "net_income": 29630000000, "earnings_per_share_basic": 10.32, "earnings_per_share_diluted": 10.31, "weighted_average_basic_shares": 2804000000, "weighted_average_diluted_shares": 2809000000, "effective_income_tax_rate_pct": 19.2 }, "bank_metrics": { "return_on_common_equity_pct": 18, "return_on_tangible_common_equity_pct": 21, "return_on_assets_pct": 1.38, "overhead_ratio_pct": 53, "cash_dividends_declared_per_share": 2.8 } } ], "notes": [ "All annual figures come from the FY2025 Form 10-K (accession 0001628280-26-008131). Its consolidated statements of income, comprehensive income and cash flows present three years - 2025, 2024 and 2023 - so all three are reported here.", "The 10-K's consolidated balance sheet presents only two dates, December 31, 2025 and December 31, 2024. For fiscal 2023 the balance sheet block therefore carries only the items the 10-K discloses for that date elsewhere on its face: the selected balance sheet data in the three-year summary of consolidated financial highlights (trading assets, investment securities, loans, total assets, deposits, long-term debt, common stockholders' equity and total stockholders' equity) and the December 31, 2023 equity component balances shown on the consolidated statements of changes in stockholders' equity. Line items such as total liabilities and the individual asset captions are not presented for 2023 in this filing and are therefore absent rather than estimated.", "Quarterly figures for the quarter ended March 31, 2026 and the prior-year quarter ended March 31, 2025 come from the Form 10-Q for the quarter ended March 31, 2026 (accession 0001628280-26-029344).", "That 10-Q also presents a five-quarter trend in its consolidated financial highlights, which is the source for the quarters ended December 31, 2025, September 30, 2025 and June 30, 2025 reported here. For those three quarters the 10-Q gives revenue, expense, provision, pre-tax income, tax, net income, per-share data, capital ratios, selected balance sheet items and credit metrics but not the full income statement; net interest income, noninterest revenue, segment net revenue and net income, CET1 capital and risk-weighted assets for those quarters are taken from the quarterly-trend tables in the second-quarter 2026 earnings release financial supplement, and each such quarter records both accessions.", "The quarter ended June 30, 2026 is reported from the second-quarter 2026 earnings press release and its financial supplement (Exhibits 99.1 and 99.2 to the Form 8-K filed July 14, 2026, accession 0001628280-26-048078). The Form 10-Q for that quarter had not been filed when these figures were compiled, so those amounts are unaudited press-release figures, not 10-Q figures, and the capital ratios and CET1 capital for that date are labelled 'estimated' in the release itself. The six-month periods ended June 30, 2026 and June 30, 2025 come from the same supplement.", "Revenue is presented two ways in the filings. 'Total net revenue' is the reported U.S. GAAP figure that appears on the consolidated statements of income; 'total net revenue - managed basis' adds a fully taxable-equivalent adjustment (a $3.1 billion adjustment in 2025) and is the basis on which the Firm reports its business segments. Both are carried here, and the reconciling items that bridge managed segment revenue back to the reported total are reported as their own line under the segment block.", "Pre-provision profit (total net revenue less total noninterest expense), tangible book value per share and return on tangible common equity are described by the filings as non-GAAP financial measures; they are reported here as the Firm states them.", "The 2024 figures include a $7.9 billion net gain related to Visa shares in total net revenue and a $1.0 billion contribution of Visa shares to the JPMorgan Chase Foundation in total noninterest expense, both recorded in the second quarter of 2024, per the 10-K's own footnotes. The 2025 provision for credit losses includes a $2.2 billion provision for lending-related commitments related to the Apple Card transaction, recorded in the fourth quarter of 2025.", "The second quarter of 2026 includes a $4.6 billion net gain related to Visa shares and $1.0 billion of gains on certain equity investments; the press release states that excluding these items net income would have been $16.9 billion and diluted earnings per share $6.14, against reported figures of $21.2 billion and $7.70.", "Capital ratios are reported on the Standardized approach, which is the series the Firm carries in its financial highlights. Where the filings also disclose the Advanced approach ratio it is carried alongside. The 10-K notes that as of December 31, 2025 the Advanced risk-based ratios became more binding on the Firm than the Standardized ratios.", "As of January 1, 2025 the benefit from the Current Expected Credit Losses capital transition provision had been fully phased out; the 2024 and 2023 capital ratios reflected that transition provision, and 2024 CET1 capital reflected a $720 million benefit from it.", "The figures were cross-checked against the SEC's XBRL company facts for JPMorgan Chase. Net income, total assets, deposits and diluted earnings per share for 2025, 2024, 2023 and the first quarter of 2026 agreed exactly with the filings, so no figure in this file needed to be chosen over a conflicting structured value." ], "uncertainties": [ "The quarter ended June 30, 2026 and the six months ended June 30, 2026 are press-release figures. The corresponding Form 10-Q had not been filed when these figures were compiled, and the release's capital measures - CET1 capital of $302.6 billion, risk-weighted assets, and the Standardized and Advanced CET1, Tier 1, total capital, leverage and supplementary leverage ratios at June 30, 2026 - are marked 'estimated' by the Firm. These could be revised when the 10-Q is filed.", "For the quarter ended June 30, 2026 the release does not state net income applicable to common stockholders, the components of stockholders' equity, or a cash flow statement, so those are absent for that quarter rather than derived.", "For the quarters ended December 31, 2025, September 30, 2025 and June 30, 2025 no cash flow statement is available; quarterly cash flow statements are not presented for those periods in either the 10-Q or the earnings supplement.", "Return on common equity and return on tangible common equity are stated by the Firm rounded to whole percentage points in the annual and quarterly highlights (for example 17% for 2025), so those values carry only that precision.", "The full-year 2023 balance sheet is partial, as described in the notes: only the items the FY2025 10-K discloses for December 31, 2023 are reported, because that filing's balance sheet does not present a 2023 column.", "Segment results for the quarter ended June 30, 2026 are limited to net revenue, net income and return on equity for each segment as given in the press release tables, plus noninterest expense and provision where the release's segment tables state them; a complete segment income statement for that quarter is not available until the 10-Q is filed." ], "company_details": { "Name": "Jpmorgan Chase & Co", "Ticker": "JPM", "CIK": "0000019617", "Exchange": "NYSE", "State": "New York", "Incorporation": "Delaware", "SIC": "6021", "Office": "Finance", "Industry": "National Commercial Banks" }, "next_filing": { "predicted_date": "2026-08-04", "predicted_type": "10-Q" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q1", "tag": "FY26Q1", "period_end": "2026-03-31", "form": "10-Q", "accession": "0001628280-26-029344", "fiscal_year_end": "1231", "source": "facts" } }