Q1 FY2026, built from SEC filings. Accession numbers are cited throughout so every figure can be checked against sec.gov. The same data is published as JSON at financials.json for agents that prefer to fetch it directly.
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
no
Units
actual dollars (not millions)
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.
Annual
FY2025
FY2024
FY2023
Fiscal year
2025
2024
2023
Period end
2025-12-31
2024-12-31
2023-12-31
Period type
fiscal year
fiscal year
fiscal year
Source accession
0001628280-26-008131
0001628280-26-008131
0001628280-26-008131
Source statement
FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights
FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights
FY2025 Form 10-K, consolidated financial statements and three-year summary of consolidated financial highlights
Income statement
Investment banking fees
9,615,000,000
8,910,000,000
6,519,000,000
Principal transactions
27,212,000,000
24,787,000,000
24,460,000,000
Lending and deposit related fees
9,093,000,000
7,606,000,000
7,413,000,000
Asset management fees
20,327,000,000
17,801,000,000
15,220,000,000
Commissions and other fees
8,539,000,000
7,530,000,000
6,836,000,000
Investment securities gains losses
-57,000,000
-1,021,000,000
-3,180,000,000
Mortgage fees and related income
1,381,000,000
1,401,000,000
1,176,000,000
Card income
4,720,000,000
5,497,000,000
4,784,000,000
Other income
6,174,000,000
12,462,000,000
5,609,000,000
Noninterest revenue
87,004,000,000
84,973,000,000
68,837,000,000
Interest income
193,341,000,000
193,933,000,000
170,588,000,000
Interest expense
97,898,000,000
101,350,000,000
81,321,000,000
Net interest income
95,443,000,000
92,583,000,000
89,267,000,000
Total net revenue
182,447,000,000
177,556,000,000
158,104,000,000
Provision for credit losses
14,212,000,000
10,678,000,000
9,320,000,000
Compensation expense
54,487,000,000
51,357,000,000
46,465,000,000
Occupancy expense
5,461,000,000
5,026,000,000
4,590,000,000
Technology communications and equipment expense
11,029,000,000
9,831,000,000
9,246,000,000
Professional and outside services
12,356,000,000
11,057,000,000
10,235,000,000
Marketing
5,531,000,000
4,974,000,000
4,591,000,000
Other expense
6,776,000,000
9,552,000,000
12,045,000,000
Total noninterest expense
95,640,000,000
91,797,000,000
87,172,000,000
Pre provision profit
86,807,000,000
85,759,000,000
70,932,000,000
Income before income tax expense
72,595,000,000
75,081,000,000
61,612,000,000
Income tax expense
15,547,000,000
16,610,000,000
12,060,000,000
Net income
57,048,000,000
58,471,000,000
49,552,000,000
Net income applicable to common stockholders
55,681,000,000
56,868,000,000
47,760,000,000
Total net revenue managed basis
185,581,000,000
180,593,000,000
162,366,000,000
Earnings per share basic
20.05
19.79
16.25
Earnings per share diluted
20.02
19.75
16.23
Weighted average basic shares
2,776,500,000
2,873,900,000
2,938,600,000
Weighted average diluted shares
2,781,500,000
2,879,000,000
2,943,100,000
Balance sheet
Cash and due from banks
21,742,000,000
23,372,000,000
Deposits with banks
321,596,000,000
445,945,000,000
Federal funds sold and securities purchased under resale agreements
336,426,000,000
295,001,000,000
Securities borrowed
286,191,000,000
219,546,000,000
Trading assets
802,873,000,000
637,784,000,000
540,607,000,000
Available for sale securities
507,198,000,000
406,852,000,000
Held to maturity securities
270,134,000,000
274,468,000,000
Investment securities net of allowance
777,332,000,000
681,320,000,000
571,552,000,000
Loans
1,493,429,000,000
1,347,988,000,000
1,323,706,000,000
Allowance for loan losses
-25,765,000,000
-24,345,000,000
Loans net of allowance
1,467,664,000,000
1,323,643,000,000
Accrued interest and accounts receivable
111,599,000,000
101,223,000,000
Premises and equipment
36,244,000,000
32,223,000,000
Goodwill msrs and other intangible assets
64,458,000,000
64,560,000,000
Other assets
198,775,000,000
178,197,000,000
Total assets
4,424,900,000,000
4,002,814,000,000
3,875,393,000,000
Deposits
2,559,320,000,000
2,406,032,000,000
2,400,688,000,000
Federal funds purchased and securities loaned or sold under repurchase agreements
442,396,000,000
296,835,000,000
Short term borrowings
64,776,000,000
52,893,000,000
Trading liabilities
216,019,000,000
192,883,000,000
Accounts payable and other liabilities
316,794,000,000
280,672,000,000
Beneficial interests issued by consolidated vies
27,951,000,000
27,323,000,000
Long term debt
435,206,000,000
401,418,000,000
391,825,000,000
Total liabilities
4,062,462,000,000
3,658,056,000,000
Preferred stock
20,045,000,000
20,050,000,000
27,404,000,000
Common stock
4,105,000,000
4,105,000,000
4,105,000,000
Additional paid in capital
91,114,000,000
90,911,000,000
90,128,000,000
Retained earnings
416,055,000,000
376,166,000,000
332,901,000,000
Accumulated other comprehensive income loss
-4,290,000,000
-12,456,000,000
-10,443,000,000
Treasury stock at cost
-164,591,000,000
-134,018,000,000
-116,217,000,000
Total stockholders equity
362,438,000,000
344,758,000,000
327,878,000,000
Common stockholders equity
342,393,000,000
324,708,000,000
300,474,000,000
Common shares issued
4,104,933,895
4,104,933,895
Treasury shares at cost
1,408,661,319
1,307,313,494
Preferred shares issued
2,005,375
2,005,375
Common shares outstanding period end
2,696,200,000
2,797,600,000
2,876,600,000
Cash flow
Net income
57,048,000,000
58,471,000,000
49,552,000,000
Provision for credit losses
14,212,000,000
10,678,000,000
9,320,000,000
Depreciation and amortization
8,821,000,000
7,938,000,000
7,512,000,000
Deferred tax benefit expense
5,611,000,000
2,004,000,000
-4,534,000,000
Other operating adjustments line
1,309,000,000
1,985,000,000
4,301,000,000
Originations and purchases of loans held for sale
-260,772,000,000
-212,238,000,000
-115,245,000,000
Proceeds from sales securitizations and paydowns of loans held for sale
235,232,000,000
205,303,000,000
116,430,000,000
Net change in trading assets
-156,461,000,000
-95,729,000,000
-74,091,000,000
Net change in securities borrowed
-66,648,000,000
-18,762,000,000
-14,902,000,000
Net change in accrued interest and accounts receivable
-11,514,000,000
5,735,000,000
19,928,000,000
Net change in other assets
-12,582,000,000
-7,650,000,000
32,970,000,000
Net change in trading liabilities
23,134,000,000
2,276,000,000
5,315,000,000
Net change in accounts payable and other liabilities
5,270,000,000
-90,000,000
-25,388,000,000
Other operating adjustments
9,558,000,000
6,160,000,000
4,581,000,000
Net cash provided by used in operating activities
-147,782,000,000
-42,012,000,000
12,974,000,000
Net change in federal funds sold and resale agreements
-41,264,000,000
-18,706,000,000
39,740,000,000
Held to maturity proceeds from paydowns and maturities
54,791,000,000
99,363,000,000
53,056,000,000
Held to maturity purchases
-5,432,000,000
-4,709,000,000
-4,141,000,000
Available for sale proceeds from paydowns and maturities
37,414,000,000
38,499,000,000
53,744,000,000
Available for sale proceeds from sales
141,295,000,000
104,625,000,000
108,434,000,000
Available for sale purchases
-308,772,000,000
-352,712,000,000
-115,499,000,000
Proceeds from sales and securitizations of loans held for investment
57,565,000,000
57,921,000,000
47,312,000,000
Other changes in loans net
-188,497,000,000
-83,176,000,000
-88,343,000,000
All other investing activities net
-12,665,000,000
-2,146,000,000
-16,740,000,000
Net cash provided by used in investing activities
-265,565,000,000
-163,403,000,000
67,643,000,000
Net change in deposits
153,168,000,000
3,299,000,000
-32,196,000,000
Net change in federal funds purchased and repurchase agreements
145,535,000,000
80,288,000,000
13,801,000,000
Net change in short term borrowings
9,422,000,000
7,439,000,000
-1,934,000,000
Net change in beneficial interests issued by consolidated vies
-622,000,000
1,543,000,000
9,029,000,000
Proceeds from long term borrowings
120,761,000,000
109,915,000,000
75,417,000,000
Payments of long term borrowings
-108,100,000,000
-96,605,000,000
-64,880,000,000
Proceeds from issuance of preferred stock
3,000,000,000
2,500,000,000
Redemption of preferred stock
-3,000,000,000
-9,850,000,000
Treasury stock repurchased
-31,591,000,000
-18,830,000,000
-9,824,000,000
Dividends paid
-16,625,000,000
-14,783,000,000
-13,463,000,000
All other financing activities net
-2,415,000,000
-1,469,000,000
-1,521,000,000
Net cash provided by used in financing activities
269,533,000,000
63,447,000,000
-25,571,000,000
Effect of exchange rate changes on cash
17,835,000,000
-12,866,000,000
1,871,000,000
Net increase decrease in cash and deposits with banks
-125,979,000,000
-154,834,000,000
56,917,000,000
Cash and deposits with banks beginning of period
469,317,000,000
624,151,000,000
567,234,000,000
Cash and deposits with banks end of period
343,338,000,000
469,317,000,000
624,151,000,000
Cash interest paid
96,436,000,000
99,642,000,000
77,114,000,000
Cash income taxes paid net
5,309,000,000
11,715,000,000
9,908,000,000
Estimated bargain purchase gain first republic
-103,000,000
-2,775,000,000
Initial gain on visa share exchange
-7,990,000,000
Net cash used in first republic acquisition
-2,362,000,000
-9,920,000,000
Bank metrics
Common equity tier 1 capital
288,469,000,000
275,513,000,000
Allowance for credit losses
31,230,000,000
26,866,000,000
24,765,000,000
Nonperforming assets
10,359,000,000
9,300,000,000
7,597,000,000
Net charge offs
9,849,000,000
8,638,000,000
6,209,000,000
Book value per share
126.99
116.07
104.45
Tangible book value per share
107.56
97.3
86.08
Cash dividends declared per share
5.8
4.8
4.1
Return on common equity %
17%
18%
17%
Return on tangible common equity %
20%
22%
21%
Return on assets %
1.29%
1.43%
1.3%
Overhead ratio %
52%
52%
55%
Loans to deposits ratio %
58%
56%
55%
Liquidity coverage ratio avg %
111%
113%
113%
Cet1 capital ratio standardized %
14.6%
15.7%
15.0%
Tier 1 capital ratio standardized %
15.5%
16.8%
16.6%
Total capital ratio standardized %
17.4%
18.5%
18.5%
Tier 1 leverage ratio %
6.9%
7.2%
7.2%
Supplementary leverage ratio %
5.8%
6.1%
6.1%
Allowance for loan losses to total retained loans %
1.83%
1.87%
1.75%
Net charge off rate %
0.74%
0.68%
0.52%
Employees
318,512
317,233
309,926
Cet1 capital ratio advanced %
14.1%
Segments managed basis
Consumer and community banking
Noninterest revenue
17,795,000,000
16,649,000,000
15,118,000,000
Net interest income
58,234,000,000
54,858,000,000
55,030,000,000
Total net revenue
76,029,000,000
71,507,000,000
70,148,000,000
Provision for credit losses
11,493,000,000
9,974,000,000
6,899,000,000
Total noninterest expense
40,267,000,000
38,036,000,000
34,819,000,000
Net income
18,245,000,000
17,603,000,000
21,232,000,000
Average equity
56,000,000,000
54,500,000,000
54,349,000,000
Total assets
664,669,000,000
650,268,000,000
642,951,000,000
Return on equity %
32%
32%
38%
Commercial and investment bank
Noninterest revenue
53,766,000,000
48,253,000,000
43,809,000,000
Net interest income
24,688,000,000
21,861,000,000
20,544,000,000
Total net revenue
78,454,000,000
70,114,000,000
64,353,000,000
Provision for credit losses
2,615,000,000
762,000,000
2,091,000,000
Total noninterest expense
38,216,000,000
35,353,000,000
33,972,000,000
Net income
27,761,000,000
24,846,000,000
20,272,000,000
Average equity
149,500,000,000
132,000,000,000
137,507,000,000
Total assets
2,142,534,000,000
1,773,194,000,000
1,638,493,000,000
Return on equity %
18%
18%
14%
Asset and wealth management
Noninterest revenue
17,241,000,000
15,023,000,000
13,560,000,000
Net interest income
6,832,000,000
6,555,000,000
6,267,000,000
Total net revenue
24,073,000,000
21,578,000,000
19,827,000,000
Provision for credit losses
97,000,000
-68,000,000
159,000,000
Total noninterest expense
15,332,000,000
14,414,000,000
12,780,000,000
Net income
6,522,000,000
5,421,000,000
5,227,000,000
Average equity
16,000,000,000
15,500,000,000
16,671,000,000
Total assets
288,065,000,000
255,385,000,000
245,512,000,000
Return on equity %
40%
34%
31%
Corporate
Noninterest revenue
911,000,000
7,608,000,000
132,000,000
Net interest income
6,114,000,000
9,786,000,000
7,906,000,000
Total net revenue
7,025,000,000
17,394,000,000
8,038,000,000
Provision for credit losses
7,000,000
10,000,000
171,000,000
Total noninterest expense
1,825,000,000
3,994,000,000
5,601,000,000
Net income
4,520,000,000
10,601,000,000
2,821,000,000
Average equity
111,254,000,000
110,370,000,000
73,529,000,000
Total assets
1,329,632,000,000
1,323,967,000,000
1,348,437,000,000
Reconciling items to reported basis
Noninterest revenue
-2,709,000,000
-2,560,000,000
-3,782,000,000
Net interest income
-425,000,000
-477,000,000
-480,000,000
Total net revenue
-3,134,000,000
-3,037,000,000
-4,262,000,000
Balance sheet note
The FY2025 10-K balance sheet presents only December 31, 2025 and December 31, 2024. The December 31, 2023 figures shown here are the selected balance sheet items that the 10-K's three-year summary of consolidated financial highlights presents for that date, plus the December 31, 2023 equity components carried on the consolidated statements of changes in stockholders' equity. A full 2023 balance sheet is not on the face of this filing.
Quarterly
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
Fiscal period
2026 Q2
2026 Q1
2025 Q4
2025 Q3
2025 Q2
2025 Q1
Period end
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
Period type
three months
three months
three months
three months
three months
three months
Source accession
0001628280-26-048078
0001628280-26-029344
0001628280-26-029344
0001628280-26-029344
0001628280-26-029344
0001628280-26-029344
Source statement
Second-quarter 2026 earnings press release and earnings release financial supplement (Exhibits 99.1 and 99.2 to the Form 8-K filed 2026-07-14)
Form 10-Q for the quarter ended March 31, 2026, consolidated financial statements and consolidated financial highlights
Form 10-Q for the quarter ended March 31, 2026, consolidated financial highlights (five-quarter trend)
Form 10-Q for the quarter ended March 31, 2026, consolidated financial highlights (five-quarter trend)
Form 10-Q for the quarter ended March 31, 2026, consolidated financial highlights (five-quarter trend)
Form 10-Q for the quarter ended March 31, 2026, prior-year comparative columns of the consolidated statements of income and cash flows and the consolidated financial highlights
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, so these amounts are unaudited earnings-release figures rather than 10-Q figures. Certain capital measures are labelled 'estimated' in the release.
Income statement
Investment banking fees
3,208,000,000
2,858,000,000
2,178,000,000
Principal transactions
9,007,000,000
7,987,000,000
7,614,000,000
Lending and deposit related fees
2,511,000,000
2,394,000,000
2,132,000,000
Asset management fees
5,658,000,000
5,515,000,000
4,700,000,000
Commissions and other fees
2,614,000,000
2,482,000,000
2,033,000,000
Investment securities gains losses
-395,000,000
64,000,000
-37,000,000
Mortgage fees and related income
336,000,000
309,000,000
278,000,000
Card income
1,348,000,000
1,190,000,000
1,216,000,000
Other income
7,549,000,000
1,671,000,000
1,923,000,000
Noninterest revenue
31,836,000,000
24,470,000,000
20,803,000,000
22,461,000,000
21,703,000,000
22,037,000,000
Interest income
50,624,000,000
49,191,000,000
46,853,000,000
Interest expense
25,113,000,000
23,825,000,000
23,580,000,000
Net interest income
25,511,000,000
25,366,000,000
24,995,000,000
23,966,000,000
23,209,000,000
23,273,000,000
Total net revenue
57,347,000,000
49,836,000,000
45,798,000,000
46,427,000,000
44,912,000,000
45,310,000,000
Provision for credit losses
2,515,000,000
2,507,000,000
4,655,000,000
3,403,000,000
2,849,000,000
3,305,000,000
Compensation expense
15,159,000,000
15,339,000,000
14,093,000,000
Occupancy expense
1,482,000,000
1,447,000,000
1,302,000,000
Technology communications and equipment expense
3,107,000,000
3,021,000,000
2,578,000,000
Professional and outside services
3,855,000,000
3,483,000,000
2,839,000,000
Marketing
1,670,000,000
1,604,000,000
1,304,000,000
Other expense
2,043,000,000
1,956,000,000
1,481,000,000
Total noninterest expense
27,316,000,000
26,850,000,000
23,983,000,000
24,281,000,000
23,779,000,000
23,597,000,000
Pre provision profit
30,031,000,000
22,986,000,000
21,815,000,000
22,146,000,000
21,133,000,000
21,713,000,000
Income before income tax expense
27,516,000,000
20,479,000,000
17,160,000,000
18,743,000,000
18,284,000,000
18,408,000,000
Income tax expense
6,361,000,000
3,985,000,000
4,135,000,000
4,350,000,000
3,297,000,000
3,765,000,000
Net income
21,155,000,000
16,494,000,000
13,025,000,000
14,393,000,000
14,987,000,000
14,643,000,000
Total net revenue managed basis
58,022,000,000
50,536,000,000
46,014,000,000
Earnings per share basic
7.71
5.95
4.64
5.08
5.25
5.08
Earnings per share diluted
7.7
5.94
4.63
5.07
5.24
5.07
Weighted average basic shares
2,689,900,000
2,716,200,000
2,735,300,000
2,762,400,000
2,788,700,000
2,819,400,000
Weighted average diluted shares
2,694,200,000
2,720,200,000
2,740,500,000
2,767,600,000
2,793,700,000
2,824,300,000
Effective income tax rate %
23.1%
Net income applicable to common stockholders
16,148,000,000
14,317,000,000
Balance sheet selected
Total assets
5,015,069,000,000
4,424,900,000,000
4,560,205,000,000
4,552,482,000,000
4,357,856,000,000
Loans consumer excluding credit card
391,743,000,000
Loans credit card
249,876,000,000
Loans wholesale
900,843,000,000
Loans
1,542,462,000,000
1,493,429,000,000
1,435,246,000,000
1,411,992,000,000
1,355,695,000,000
Deposits US offices noninterest bearing
625,874,000,000
Deposits US offices interest bearing
1,500,791,000,000
Deposits non US offices noninterest bearing
42,044,000,000
Deposits non US offices interest bearing
544,991,000,000
Deposits
2,713,700,000,000
2,559,320,000,000
2,548,476,000,000
2,562,380,000,000
2,495,877,000,000
Long term debt
460,523,000,000
435,206,000,000
427,203,000,000
419,802,000,000
407,224,000,000
Common stockholders equity
353,558,000,000
342,393,000,000
340,167,000,000
336,879,000,000
331,375,000,000
Total stockholders equity
374,598,000,000
362,438,000,000
360,212,000,000
356,924,000,000
351,420,000,000
Common shares outstanding period end
2,658,200,000
2,696,200,000
2,722,200,000
2,749,700,000
2,779,100,000
Trading assets
802,873,000,000
952,777,000,000
889,856,000,000
875,203,000,000
Investment securities net of allowance
777,332,000,000
783,945,000,000
745,939,000,000
664,447,000,000
Bank metrics
Book value per share
133.01
128.38
126.99
124.96
122.51
119.24
Tangible book value per share
113.35
108.87
107.56
105.7
103.4
100.36
Cash dividends declared per share
1.5
1.5
1.5
1.5
1.4
1.4
Return on common equity %
24%
19%
15%
17%
18%
18%
Return on tangible common equity %
29%
23%
18%
20%
21%
21%
Return on assets %
1.7%
1.41%
1.14%
1.26%
1.35%
1.4%
Overhead ratio %
48%
54%
52%
52%
53%
52%
Loans to deposits ratio %
57%
56%
58%
56%
55%
54%
Cet1 capital ratio standardized %
14.1%
14.3%
14.6%
14.8%
15.1%
15.4%
Tier 1 capital ratio standardized %
15.1%
15.2%
15.5%
15.8%
16.1%
16.5%
Total capital ratio standardized %
16.9%
17.2%
17.4%
17.7%
17.8%
18.2%
Tier 1 leverage ratio %
6.6%
6.6%
6.9%
6.9%
6.9%
7.2%
Supplementary leverage ratio %
5.5%
5.6%
5.8%
5.8%
5.9%
6.0%
Employees
320,560
320,079
318,512
318,153
317,160
318,477
Common equity tier 1 capital
302,620,000,000
288,469,000,000
287,297,000,000
283,854,000,000
Risk weighted assets standardized
2,141,738,000,000
1,981,692,000,000
1,935,868,000,000
1,882,718,000,000
Cet1 capital ratio advanced %
14.2%
14.1%
14.1%
14.9%
15.2%
Allowance for credit losses
31,383,000,000
31,230,000,000
29,089,000,000
28,281,000,000
27,835,000,000
Allowance for loan losses to total retained loans %
1.82%
1.83%
1.88%
1.85%
1.94%
Nonperforming assets
10,049,000,000
10,359,000,000
10,635,000,000
10,480,000,000
9,105,000,000
Net charge offs
2,316,000,000
2,514,000,000
2,593,000,000
2,410,000,000
2,332,000,000
Net charge off rate %
0.67%
0.72%
0.76%
0.73%
0.74%
Liquidity coverage ratio avg %
112%
111%
110%
113%
113%
Segments managed basis
Consumer and community banking
Total net revenue
20,272,000,000
19,568,000,000
19,396,000,000
19,473,000,000
18,847,000,000
18,313,000,000
Total noninterest expense
11,108,000,000
10,979,000,000
9,857,000,000
Provision for credit losses
2,156,000,000
2,050,000,000
2,629,000,000
Net income
5,311,000,000
4,976,000,000
3,642,000,000
5,009,000,000
5,169,000,000
4,425,000,000
Return on equity %
34%
32%
31%
Commercial and investment bank
Total net revenue
24,853,000,000
23,379,000,000
19,375,000,000
19,878,000,000
19,535,000,000
19,666,000,000
Total noninterest expense
11,390,000,000
11,136,000,000
9,842,000,000
Provision for credit losses
356,000,000
482,000,000
705,000,000
Net income
9,678,000,000
9,044,000,000
7,268,000,000
6,901,000,000
6,650,000,000
6,942,000,000
Return on equity %
22%
21%
18%
Asset and wealth management
Total net revenue
6,851,000,000
6,374,000,000
6,516,000,000
6,066,000,000
5,760,000,000
5,731,000,000
Total noninterest expense
4,207,000,000
4,167,000,000
3,713,000,000
Provision for credit losses
13,000,000
-24,000,000
-10,000,000
Net income
1,957,000,000
1,775,000,000
1,808,000,000
1,658,000,000
1,473,000,000
1,583,000,000
Return on equity %
48%
44%
39%
Corporate
Total net revenue
6,046,000,000
1,215,000,000
1,480,000,000
1,703,000,000
1,538,000,000
2,304,000,000
Total noninterest expense
611,000,000
568,000,000
185,000,000
Provision for credit losses
-10,000,000
-1,000,000
-19,000,000
Net income
4,209,000,000
699,000,000
307,000,000
825,000,000
1,695,000,000
1,693,000,000
Significant items
A $4.6 billion net gain related to Visa shares, recorded in Corporate, following Visa's acceptance on May 11, 2026 of the Firm's tender of its 18.6 million shares of Visa Class B-2 common stock in exchange for Class B-3 and Class C common stock.; $1.0 billion of gains on certain equity investments ($763 million in Corporate and $263 million in the Commercial & Investment Bank).; Excluding these items, the release states second-quarter 2026 net income would have been $16.9 billion, diluted earnings per share $6.14 and return on tangible common equity 23%.
Balance sheet
Cash and due from banks
22,039,000,000
Deposits with banks
290,103,000,000
Federal funds sold and securities purchased under resale agreements
482,704,000,000
Securities borrowed
284,524,000,000
Trading assets
1,069,335,000,000
Available for sale securities
549,037,000,000
Held to maturity securities
272,142,000,000
Investment securities net of allowance
821,179,000,000
Loans
1,503,520,000,000
Allowance for loan losses
-25,928,000,000
Loans net of allowance
1,477,592,000,000
Accrued interest and accounts receivable
142,334,000,000
Premises and equipment
36,771,000,000
Goodwill msrs and other intangible assets
64,289,000,000
Other assets
209,605,000,000
Total assets
4,900,475,000,000
Deposits
2,675,520,000,000
Federal funds purchased and securities loaned or sold under repurchase agreements
716,623,000,000
Short term borrowings
68,048,000,000
Trading liabilities
247,836,000,000
Accounts payable and other liabilities
352,561,000,000
Beneficial interests issued by consolidated vies
27,085,000,000
Long term debt
448,764,000,000
Total liabilities
4,536,437,000,000
Preferred stock
20,045,000,000
Common stock
4,105,000,000
Additional paid in capital
90,087,000,000
Retained earnings
428,206,000,000
Accumulated other comprehensive income loss
-6,689,000,000
Treasury stock at cost
-171,716,000,000
Total stockholders equity
364,038,000,000
Common stockholders equity
343,993,000,000
Common shares issued
4,104,933,895
Treasury shares at cost
1,425,422,477
Preferred shares issued
2,005,375
Common shares outstanding period end
2,679,500,000
Cash flow
Net income
16,494,000,000
14,643,000,000
Provision for credit losses
2,507,000,000
3,305,000,000
Depreciation and amortization
2,364,000,000
2,030,000,000
Deferred tax benefit expense
123,000,000
524,000,000
Other operating adjustments line
513,000,000
600,000,000
Originations and purchases of loans held for sale
-57,663,000,000
-68,533,000,000
Proceeds from sales securitizations and paydowns of loans held for sale
64,432,000,000
62,724,000,000
Net change in trading assets
-272,429,000,000
-231,665,000,000
Net change in securities borrowed
1,656,000,000
-19,156,000,000
Net change in accrued interest and accounts receivable
-31,294,000,000
-17,070,000,000
Net change in other assets
-11,614,000,000
7,578,000,000
Net change in trading liabilities
35,793,000,000
-10,486,000,000
Net change in accounts payable and other liabilities
36,857,000,000
1,276,000,000
Other operating adjustments
500,000,000
2,391,000,000
Net cash used in operating activities
-211,761,000,000
-251,839,000,000
Net change in federal funds sold and resale agreements
-146,278,000,000
-134,479,000,000
Held to maturity proceeds from paydowns and maturities
17,343,000,000
11,341,000,000
Held to maturity purchases
-19,574,000,000
-1,628,000,000
Available for sale proceeds from paydowns and maturities
11,705,000,000
10,709,000,000
Available for sale proceeds from sales
42,640,000,000
55,847,000,000
Available for sale purchases
-101,040,000,000
-53,721,000,000
Proceeds from sales and securitizations of loans held for investment
11,585,000,000
11,960,000,000
Other changes in loans net
-31,078,000,000
-16,134,000,000
All other investing activities net
-3,072,000,000
-1,971,000,000
Net cash used in investing activities
-217,769,000,000
-118,076,000,000
Net change in deposits
120,390,000,000
85,029,000,000
Net change in federal funds purchased and repurchase agreements
274,236,000,000
236,204,000,000
Net change in short term borrowings
3,438,000,000
10,817,000,000
Net change in beneficial interests issued by consolidated vies
-1,322,000,000
-2,431,000,000
Proceeds from long term borrowings
49,898,000,000
29,927,000,000
Payments of long term borrowings
-31,938,000,000
-28,457,000,000
Treasury stock repurchased
-8,325,000,000
-7,528,000,000
Dividends paid
-4,374,000,000
-3,823,000,000
All other financing activities net
-1,326,000,000
-1,679,000,000
Net cash provided by financing activities
400,677,000,000
318,059,000,000
Effect of exchange rate changes on cash
-2,343,000,000
8,442,000,000
Net decrease in cash and deposits with banks
-31,196,000,000
-43,414,000,000
Cash and deposits with banks beginning of period
343,338,000,000
469,317,000,000
Cash and deposits with banks end of period
312,142,000,000
425,903,000,000
Cash interest paid
23,414,000,000
23,587,000,000
Cash income taxes paid net
917,000,000
1,651,000,000
Proceeds from issuance of preferred stock
3,000,000,000
Redemption of preferred stock
-3,000,000,000
Additional source accession
0001628280-26-048078
0001628280-26-048078
0001628280-26-048078
Additional source statement
Net interest income, noninterest revenue, segment net revenue and net income, CET1 capital and risk-weighted assets for this quarter are taken from the quarterly-trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14).
Net interest income, noninterest revenue, segment net revenue and net income, CET1 capital and risk-weighted assets for this quarter are taken from the quarterly-trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14).
Net interest income, noninterest revenue, segment net revenue and net income, CET1 capital and risk-weighted assets for this quarter are taken from the quarterly-trend tables in the second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14).
Year to date
2026-06-30
2025-06-30
Fiscal period
2026 six months ended June 30
2025 six months ended June 30
Period start
2026-01-01
2025-01-01
Period end
2026-06-30
2025-06-30
Period type
six months
six months
Source accession
0001628280-26-048078
0001628280-26-048078
Source statement
Second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14)
Second-quarter 2026 earnings release financial supplement (Exhibit 99.2 to the Form 8-K filed 2026-07-14), prior-year comparative columns
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
56,306,000,000
43,740,000,000
Interest income
99,815,000,000
95,094,000,000
Interest expense
48,938,000,000
48,612,000,000
Net interest income
50,877,000,000
46,482,000,000
Total net revenue
107,183,000,000
90,222,000,000
Total net revenue managed basis
108,558,000,000
91,694,000,000
Total noninterest expense
54,166,000,000
47,376,000,000
Pre provision profit
53,017,000,000
42,846,000,000
Provision for credit losses
5,022,000,000
6,154,000,000
Income before income tax expense
47,995,000,000
36,692,000,000
Income tax expense
10,346,000,000
7,062,000,000
Net income
37,649,000,000
29,630,000,000
Earnings per share basic
13.65
10.32
Earnings per share diluted
13.63
10.31
Weighted average basic shares
2,703,100,000
2,804,000,000
Weighted average diluted shares
2,707,200,000
2,809,000,000
Effective income tax rate %
21.6%
19.2%
Bank metrics
Return on common equity %
22%
18%
Return on tangible common equity %
26%
21%
Return on assets %
1.56%
1.38%
Overhead ratio %
51%
53%
Cash dividends declared per share
3.0
2.8
Units notes seen
Value
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)
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
n/a
ADR note
JPMorgan Chase & Co. common stock is a domestic U.S. listing, not an ADR, so no ADR ratio applies.
FX
None. The Firm reports in U.S. dollars and the filings state amounts in U.S. dollars, so no currency conversion was applied.
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
Value
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
Value
Predicted date
2026-08-04
Predicted type
10-Q
Fiscal period
FY2026
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
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