Every 424B that Alerian MLP Index ETNs due January 28 2044 (AMJB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMJB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMJB filings page.
JPMorgan Chase & Co. plans to issue callable fixed rate notes due February 27, 2041. The notes pay 5.40% per year, with interest paid annually each February 27, starting in 2027, and principal and accrued interest payable at maturity if the notes have not been redeemed.
The issuer may redeem the notes at par plus accrued interest on February 27, May 27, August 27 and November 27 each year from May 27, 2028 to November 27, 2040. The notes are unsecured, not FDIC insured, and sit structurally behind creditors of JPMorgan’s subsidiaries under its preferred "single point of entry" resolution strategy.
JPMorgan Chase Financial Company LLC is offering Structured Investments Auto Callable Accelerated Barrier Notes linked to the least performing of the EURO STOXX 50®, the Nikkei 225 and the MSCI Emerging Markets Index. The notes are expected to price on or about February 19, 2026 and to settle on or about February 24, 2026.
The notes carry an automatic call opportunity on February 25, 2027 and mature on February 22, 2030. Key economic terms disclosed include a $250.00 Call Premium per $1,000 principal amount, a Barrier Amount of 65.00% of initial value, an Upside Leverage Factor of at least 2.90, a minimum denomination of $1,000, and an estimated value of approximately $940.00 per $1,000 (not less than $920.00 when set). The notes are unsecured obligations of the issuer and are fully and unconditionally guaranteed by JPMorgan Chase & Co.. Investors face credit risk of the issuer and guarantor, no periodic interest or dividends, limited liquidity, and potential loss of principal if the least performing Index falls below the Barrier Amount.
JPMorgan Chase Financial Company LLC is offering capped accelerated barrier notes linked to the common stock of Amazon.com, Inc. The notes feature an Upside Leverage Factor of 1.80, a Maximum Return of at least 38.60 (at least $1,386.00 per $1,000 note), a Barrier Amount equal to 80.00 of the Strike Value ($165.568), and a Strike Value of $206.96 determined on February 10, 2026.
The notes are expected to price on or about February 11, 2026 and settle on or about February 17, 2026, with an Observation Date of April 12, 2027 and a Maturity Date of April 15, 2027. They are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value at pricing is approximately $991.70 per $1,000 note and will not be less than $970.00 per $1,000 note.
Investment risks disclosed include potential loss of principal if the Final Value is below the Barrier Amount (loss proportional to stock decline), capped upside, lack of dividends, credit risk of the issuer and guarantor, limited liquidity, and secondary-market pricing that may be below original issue price.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 25, 2056. The notes pay interest annually at a fixed rate of 5.75% per annum on each February 25, starting in 2027, on a $1,000 minimum denomination.
JPMorgan may redeem the notes in whole, but not in part, on February 25 and August 25 of each year from 2028 through 2055 at par plus accrued interest. The notes are unsecured obligations of JPMorgan, are not bank deposits, and are not insured by the FDIC or any government agency.
The pricing supplement highlights that in a JPMorgan resolution under U.S. bankruptcy or Title II of the Dodd-Frank Act, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes, who are structurally junior to creditors of JPMorgan subsidiaries.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Structured Investments Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, an excess-return, volatility-targeting index with a 6.0% per annum daily deduction.
The notes feature automatic call opportunities on scheduled Review Dates from February 26, 2027 through February 25, 2031, paying back principal plus a Call Premium Amount if the Index closes at or above preset Call Values. If never called and the Final Value is below 60% of the Initial Value, investors lose principal in line with the Index decline and can lose their entire investment. The notes pay no interest or dividends, have minimum denominations of $1,000, and an estimated value initially around $888 per $1,000, not less than $870.
JPMorgan Chase Financial Company LLC is offering 5-year, auto callable notes linked to the MerQube US Large-Cap Vol Advantage Index, with JPMorgan Chase & Co. as guarantor. The minimum denomination is $1,000, and the notes are scheduled to mature on February 28, 2031.
The Index provides rules-based exposure to E-Mini S&P 500 futures with exposure between 0% and 500%, and includes a 6.0% per annum daily deduction. The notes can be automatically called after an initial one-year non-call period if the Index closes at or above specified call values, paying back principal plus a call premium based on a rate of at least 14.00% per year.
If the notes are not called and the Index ends below the 60.00% barrier at final review, repayment is reduced one-for-one with the Index loss, meaning investors can lose a significant portion or all of their principal. The estimated value at pricing will not be less than $870 per $1,000 note. All payments depend on the credit of the issuer and guarantor, and the product carries multiple market, leverage, liquidity and tax risks.
JPMorgan Chase Financial Company LLC is issuing Auto Callable Dual Directional Contingent Buffered Equity Notes linked to the SPDR® Gold Trust, in a $3,500,000 offering priced at $1,000 per note.
The notes may be automatically called on February 17, 2027 for $1,000 plus a 12.40% call premium if the fund’s price is at or above the $453.97 share strike. If not called, holders get uncapped upside tied to the fund return, or a positive “dual directional” return if the final share price is up to 25.00% below the strike. If the final share price falls by more than 25.00%, principal is reduced 1% for each 1% additional decline, and investors can lose some or all of their investment. The notes pay no interest or dividends and carry the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. is offering callable fixed rate notes due August 25, 2034. The notes pay a fixed interest rate of 4.575% per annum, with interest paid annually on February 27, starting in 2027 and continuing to the 2034 maturity date.
Beginning February 27, 2028, and on specified dates in February, May, August and November through May 27, 2034, JPMorgan may redeem the notes in whole at par plus accrued interest. The notes are unsecured obligations of JPMorgan, rank junior to subsidiary creditors and are not FDIC insured.
JPMorgan Chase Financial Company LLC is offering Uncapped Dual Directional Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., with a scheduled maturity on March 4, 2031.
The notes provide at least 1.646x leveraged upside on any Index appreciation at maturity. If the Index is flat or down but not below 60% of its initial level, investors receive a positive return equal to the Index’s absolute decline, capped at 40% (maximum $1,400 per $1,000 note when the Index return is negative).
If the Index closes below 60% of its initial level on the observation date, repayment is reduced one-for-one with the loss in the Index, and investors can lose all principal. The notes pay no interest, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed, so liquidity depends on JPMS. A sample estimated value is $978.90 per $1,000 note, and the final estimated value will not be less than $900.00.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 21, 2031.
The notes pay a contingent interest rate of at least 9.15% per year (0.7625% per month) only for months when the index closes on the review date at or above 60% of its initial value, with missed coupons paid later if the barrier is met. The notes may be automatically called on certain review dates starting February 17, 2027 if the index is at least at its initial level, returning principal plus due coupons.
If held to maturity and not called, investors receive full principal only if the final index level is at least 50% of the initial value; below that, losses match the index decline, up to a total loss. The index embeds a 6.0% per annum daily deduction, which drags performance, and today’s estimated value is about $901.60 per $1,000 note, with the final estimated value to be at least $900.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Accelerated Barrier Notes linked to the common stock of Tesla, Inc., maturing on February 25, 2028. The notes provide 3.0x leveraged upside on any positive Tesla stock return, capped at a maximum return of at least 91.00%, corresponding to at least $1,910 per $1,000 note.
Principal is protected only if Tesla’s final stock price on the February 22, 2028 observation date is at or above a 70.00% barrier of the initial price. Below the barrier, investors lose 1% of principal for each 1% Tesla has fallen, and can lose their entire investment. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, priced for fee-based advisory accounts with an estimated value initially around $985.80 per $1,000, and are not expected to be listed, limiting liquidity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Nasdaq-100 Technology Sector, the Russell 2000 Index and the S&P 500 Index, maturing on September 10, 2027.
The notes pay monthly contingent interest only if, on a review date, each index closes at or above 70% of its initial value. The contingent interest rate is at least 9.00% per year, or at least 0.75% per month, when payable.
The notes can be automatically called as early as June 4, 2026 if, on certain review dates, each index is at or above its initial value. At maturity, if not called and any index finishes below 70% of its initial value, investors lose principal in line with the worst-performing index, potentially losing all of their investment.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co., and they do not provide dividend rights or index upside beyond contingent interest payments.
JPMorgan Chase Financial Company LLC is issuing $1,390,000 of auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes offer a high contingent interest rate of 17.45% per annum, paid monthly only when the Index closes at or above 70% of its initial level.
The notes can be automatically called quarterly starting August 10, 2026 if the Index is at or above its initial level, returning $1,000 per note plus the applicable interest. If held to maturity without an autocall and the Index finishes below 60% of its initial level, investors lose principal in full proportion to the Index decline and may lose their entire investment. The Index embeds a 6.0% per annum daily deduction and can use leverage up to 500%, both of which can significantly drag performance. The price to public is $1,000 per note, while the issuer’s estimated value is $934.10, reflecting selling commissions, hedging costs and internal funding assumptions.
JPMorgan Chase Financial Company LLC is offering unsecured, autocallable structured notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes can be automatically called on scheduled Review Dates starting in February 2027 if each index closes at or above 100% of its initial level, paying $1,000 principal plus a fixed Call Premium Amount that steps up from at least 11.75% on the first Review Date to at least 58.75% on the final Review Date.
If never called and each index’s final level is at or above 60% of its initial level, investors receive principal back at maturity; if any index finishes below 60%, repayment is reduced one-for-one with the decline of the worst index, and investors can lose most or all principal. The preliminary estimated value is about $963.60 per $1,000 note, and will not be less than $900, reflecting selling commissions, hedging costs and dealer profits. The notes pay no interest, provide no dividends and may be illiquid.
JPMorgan Chase Financial Company LLC is offering unsecured, auto-callable Review Notes linked to the MerQube US Tech+ Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes can be called quarterly from February 25, 2027, paying preset call premiums up to at least 69.00% of principal by the final review date.
Investors forgo interest and dividends and face up to 75.00% loss of principal if the Index falls more than the 25.00% buffer at maturity. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, meaning it will lag an equivalent cost-free index. If priced today, the estimated value would be approximately $910.30 per $1,000 note and will not be less than $900.00 at pricing.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each note has a $1,000 price to the public, with an estimated value of approximately $890.00 per $1,000 principal amount note if priced today and not less than $880.00 at issuance. The notes pay a contingent interest rate of at least 10.00% per annum, quarterly, only if the Index on a Review Date is at or above 60.00% of its Initial Value, with unpaid coupons accruing when conditions are later met.
The notes may be automatically called starting February 25, 2027 if the Index is at or above the Initial Value on specified Review Dates, returning $1,000 plus due interest. If not called and the Final Value is below the 60.00% Trigger Value, repayment is $1,000 plus $1,000 × Index Return, exposing holders to loss of a significant portion or all principal.
The underlying Index dynamically allocates up to 500% exposure to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which drags performance and can cause declines even when the futures strategy is flat or modestly positive. The notes are unsecured, not bank deposits, not FDIC insured, and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with no exchange listing and limited liquidity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto-callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 28, 2031, in minimum denominations of $1,000.
The notes pay no interest or dividends. If on any Review Date from March 1, 2027 onward the Index closes at or above the applicable Call Value (generally up to 100% of its Initial Value, 60% on the final date), the notes are automatically called for $1,000 plus a Call Premium that starts at least 16.60% and rises to at least 83.00% by the final Review Date.
If the notes are never called and the Final Value is below the 60.00% Barrier Amount, repayment at maturity is $1,000 + ($1,000 × Index Return), so principal loss matches the Index loss and may reach 100%. The Index is reduced by a 6.0% per annum daily deduction, which drags performance and can cause declines even when its futures strategy is modestly positive.
If the notes priced on the indicated date, their estimated value would be about $887.40 per $1,000 principal amount and will not be less than $870.00 per $1,000 when terms are set, reflecting embedded costs and hedging assumptions. The notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor and will not be listed, so liquidity may be limited.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured Review Notes linked to the MerQube US Tech+ Vol Advantage Index, with a price to the public of $1,000 per note.
The notes can be automatically called as early as August 25, 2026 if the Index closes at or above 100% of its initial level, paying $1,000 plus a call premium starting at 9% and rising to at least 54% by the final review date. If not called and the final Index level is at or above 60% of the initial level, investors receive principal back at maturity.
If the notes are not called and the final Index level is below 60% of the initial level, repayment is $1,000 plus $1,000 times the Index return, so investors can lose more than 40% and up to all principal. The Index includes a 6.0% per annum daily deduction and a notional financing cost, which act as a drag on performance. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and had an indicative estimated value of about $906.80 per $1,000, not less than $900.00.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing in February 2031. Each $1,000 note can pay a contingent interest rate of at least 9.00% per year when the Index closes at or above 80% of its initial value on a review date.
The notes may be automatically called starting in February 2027 if the Index is at or above its initial level, returning principal plus due interest. Principal is protected only down to 75% of the initial Index level; if the final level is lower, investors can lose up to 75% of principal. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, which drag on performance.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value, if priced today, would be about $914.20 per $1,000 note, with a minimum estimated value at pricing of $900. The notes will not be listed, and liquidity will depend on dealer interest.
JPMorgan Chase Financial Company LLC is offering auto-callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due February 28, 2031, fully guaranteed by JPMorgan Chase & Co.
The notes pay contingent quarterly interest only when the Index on a Review Date is at or above an Interest Barrier of 60.00% of the Initial Value, can be automatically called starting February 25, 2027 if the Index is at or above the Initial Value on certain Review Dates, and return principal at maturity unless the Final Value is below a Trigger Value of 50.00% (in which case losses occur pro rata). The Index is reduced by a 6.0% per annum daily deduction and a notional financing cost; the estimated value at pricing is approximately $896.10 per $1,000 note (minimum estimated value $880.00).
JPMorgan Chase Financial Company LLC is offering market-linked, auto-callable notes fully guaranteed by JPMorgan Chase & Co. The securities have a principal amount of $1,000 per security, a pricing date of February 27, 2026, an expected issue date of March 4, 2026, and a stated maturity date of March 2, 2029.
The notes reference the lowest performing of the S&P 500, Russell 2000 and Nasdaq-100. They are auto-callable on March 4, 2027 with a minimum call premium of 18.00%. The upside participation rate is 150%. If the lowest performing Index is below its threshold (equal to 75% of its starting level) on the final calculation day, holders are fully exposed to the index decline and may lose more than 25%, and possibly all, of principal at maturity.
Price to public is $1,000.00 with fees and commissions of $25.75, proceeds to issuer per security of $974.25. The pricing supplement lists an estimated value of approximately $956.50 per security and states the estimated value will not be less than $920.00 when terms are set.
JPMorgan Chase Financial Company LLC is offering market-linked, auto-callable notes due February 25, 2031 linked to the lowest performing of Palantir (PLTR), Tesla (TSLA) and Microsoft (MSFT). Each security has a $1,000 principal amount, a minimum contingent coupon rate of 22.35% per annum, an estimated value on the cover of approximately $936.40 and a stated price to public of $1,000 (fees $28.25, proceeds to issuer $971.75). The notes pay monthly contingent coupons if the lowest performing underlying meets its threshold (70% of starting price), are subject to automatic monthly calls if the lowest performing underlying meets or exceeds its starting price, and expose holders to >30% principal loss at maturity if the lowest performing underlying falls below its threshold on the final calculation day.
JPMorgan Chase Financial Company LLC priced $950,000 of Uncapped Digital Barrier Notes linked to the lesser performing of the Russell 2000® and the S&P 500®, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes carry a Contingent Digital Return of 46.00%, a Barrier Amount equal to 75.00% of each Index's initial value, a Pricing Date of February 9, 2026, expected settlement on or about February 12, 2026, an Observation Date of February 11, 2030, and a Maturity Date of February 14, 2030. Payment at maturity depends on the Final Values of the two Indices and is determined by the Lesser Performing Index Return; principal can be lost if an Index falls below the Barrier Amount.
JPMorgan Chase Financial Company LLC offers principal-at-risk notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA). The notes have a $1,000 minimum denomination, an automatic quarterly call feature after an initial six-month non-call period, and mature on March 1, 2029. The Index level reflects a 6.0% per annum daily deduction and a notional financing cost tied to the QQQ Fund. The Barrier Amount for protection at maturity is 60.00% of the Initial Value. The estimated value at pricing will be at least $900.00 per $1,000 note. Payments are subject to the credit risk of the issuer and guarantor; investors may lose some or all principal.
JPMorgan Chase Financial Company LLC priced Digital Contingent Buffered Notes linked to the S&P 500® Index with a Contingent Digital Return of 6.04%, a Contingent Buffer Amount of 30.00%, and an Index Strike Level of 6,932.30 (Pricing Date: February 9, 2026). Per the terms, investors receive $1,060.40 per $1,000 at maturity if the Ending Index Level is above the strike or down up to 30.00%; losses occur pro rata beyond the buffer.
The original issue price was $1,000.00 with estimated value $984.10 and proceeds to issuer of $495,000.00 on the offering. Valuation and maturity dates are February 19, 2027 and February 24, 2027, respectively.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, targeting automatic early redemption at a premium if the index closes at or above 90% of its initial level on scheduled review dates.
The notes pay no interest or dividends and expose investors to loss of principal at maturity if the index ends below a 50% barrier, with losses matching the index decline from the initial level. A 6.0% per annum daily deduction embedded in the index acts as a persistent drag, requiring strong underlying futures performance just to maintain or grow index value.
Call premium amounts start at at least 18.500% of principal on the first review date and rise to at least 111.000% by the final review date, but any upside is capped at the applicable call payment. The preliminary estimated value is about $926.50 per $1,000 note and will not be less than $900.00 at pricing, reflecting selling commissions, hedging costs, and JPMorgan’s internal funding rate. The notes are not bank deposits, are not FDIC insured, and depend on the credit of both the issuer and guarantor.
JPMorgan Chase & Co. is offering callable fixed-rate notes due February 27, 2034. The notes pay 4.65% per annum, with interest paid annually on February 27, starting in 2027, based on a 30/360 day-count convention.
The issuer may redeem the notes at par plus accrued interest on the 27th of February, May, August and November from February 27, 2028 through November 27, 2033, in whole but not in part. The notes are unsecured obligations of JPMorgan Chase & Co. and, in a resolution scenario, losses would be borne after equity but ahead of JPMorgan Chase & Co.’s shareholders, and structurally behind creditors of its subsidiaries.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering return enhanced notes linked to the Nasdaq-100 Futures Excess Return Index. The notes provide 3.15 times any positive Index Return at maturity, with no cap on gains.
The notes pay no interest and offer no principal protection. If the Ending Index Level is below the Index Strike Level of 669.6414, investors lose 1% of principal for each 1% Index decline, potentially losing the entire investment. The 10-year notes, priced at $1,000 each in minimum denominations of $10,000, have a total offering size of $3,000,000.
Fees and commissions are $15 per note, leaving $985 in proceeds to the issuer per note. The estimated value at pricing was $974.10 per $1,000 note, reflecting selling costs and hedging. The notes are unsecured, unsubordinated obligations, not bank deposits, and are subject to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $1,260,000 of unsecured notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing on February 14, 2029 and fully guaranteed by JPMorgan Chase & Co.
The notes have $1,000 minimum denominations and do not pay interest or dividends. At maturity, holders receive $1,000 plus 114% of any positive return of the least performing index, provided all three indices finish above their initial levels. If any index ends below its initial level, repayment equals $1,000 plus the least performing index return, but not less than $950 per $1,000, so up to 5% of principal may be lost.
The price to the public is $1,000 per note, including $9.50 in selling commissions, for issuer proceeds of $1,248,030. The estimated value at pricing was $980.30 per $1,000, reflecting selling, structuring and hedging costs. The notes will not be listed, and payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering 5-year, callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The index uses leveraged E‑Mini S&P 500 futures exposure, targets volatility and applies a 6.0% per annum daily deduction.
The notes may pay a contingent interest rate of at least 10.55% per annum, credited quarterly at a rate of at least 2.6375%, but only if on a review date the index level is at or above a specified interest barrier. The issuer can automatically call the notes on certain quarterly review dates if the index is at or above its initial level, returning principal plus the applicable contingent interest.
At maturity, if the notes have not been called and the index is at or above the 50.00% trigger value, investors receive principal plus any final contingent interest. If the final index value is below the trigger, repayment is reduced one-for-one with the index decline, exposing investors to losses of more than 50% and up to full principal loss. The estimated value at pricing will not be less than $870 per $1,000 note.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The Index reflects a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund-based underlying.
The notes pay a contingent interest rate of at least 10.55% per annum, credited quarterly at at least 2.6375% when the Index is at or above a 60% Interest Barrier on a review date. They can be automatically called on quarterly review dates (other than the first three and final) if the Index is at or above its Initial Value.
If the notes are not called and the Final Value is at or above a 50% Trigger Value, investors receive principal plus the final contingent interest. If the Final Value is below the Trigger Value, repayment is reduced one-for-one with the Index loss, potentially to zero. The estimated value at pricing will not be less than $880 per $1,000 note, and payments are subject to the credit risk of the issuer and guarantor.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 27, 2036 under its medium-term note program. The notes pay 5.00% per annum, with interest paid annually on February 27, starting in 2027, using a 30/360 day count convention.
The issuer may redeem the notes at par plus accrued interest on February 27 and August 27 of each year from February 27, 2028 through August 27, 2035, so investors face reinvestment risk if they are called early. Principal is repaid at maturity if the notes are not redeemed.
The notes are unsecured obligations of JPMorgan Chase & Co. and are subject to its single-point-of-entry and potential Title II resolution strategies, meaning noteholders rank behind creditors of subsidiaries and certain priority and secured creditors in a stress scenario. The notes are not bank deposits and are not FDIC insured.
JPMorgan Chase Financial Company LLC is offering S&P 500®-linked digital notes that pay a fixed 114.60% return if the index ending level is at or above the strike. In that case, investors receive $2,146 per $1,000 note at maturity in 2036.
If the S&P 500® ends below the strike, principal is reduced one-for-one with the index loss, up to a complete loss. The notes have a minimum denomination of $10,000, carry no interest or dividends, and are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The total offering size is $1,500,000, with an estimated value of $950.90 per $1,000 note at pricing.
JPMorgan Chase Financial Company LLC is offering uncapped accelerated barrier notes linked to the lesser performance of the Dow Jones Industrial Average and the S&P 500 Index, maturing in March 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.27x the gain of the lesser-performing index if both finish above their initial levels. Principal is repaid only if each index stays at or above 75% of its initial level; if either falls below that barrier, repayment is reduced one-for-one with the lesser-performing index and investors can lose all principal.
The notes pay no interest, provide no dividends, are issued in minimum denominations of $1,000, and are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. An example estimated value is $948 per $1,000 note, and the final estimated value at pricing will not be less than $900.
JPMorgan Chase Financial Company LLC is offering $669,000 of unsecured Uncapped Digital Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500, maturing February 14, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, investors get uncapped exposure to any gain in the least performing index, with a contingent minimum return of 39.25% if all three final levels are at or above their initial levels. If any index finishes below its initial level but all stay at or above 70% of initial, principal is returned.
If any index closes below 70% of its initial level, repayment is reduced 1% for each 1% decline of the least performing index, down to a possible total loss. The notes pay no interest, provide no dividends, are not listed on an exchange, and carry the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note and the estimated value at pricing was $970.30.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., offers Capped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on March 2, 2028, in $1,000 denominations.
The notes provide 1.25x leveraged upside on index gains, subject to a Maximum Upside Return of at least 17.30%. If the index is flat or down by up to 10%, investors earn the index’s absolute loss up to a 10.00% positive return. Below a 10% loss, principal is reduced 1% for each 1% additional decline, exposing investors to up to 90.00% loss at maturity.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on an exchange. If priced today, their estimated value would be approximately $967.30 per $1,000, and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is offering uncapped buffered equity notes linked to the lesser performance of the Dow Jones Industrial Average and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes mature on March 2, 2029 and provide at least 1.00 times any positive return of the weaker index, with a 15.00% downside buffer. If either index falls more than 15.00%, investors lose 1% of principal for every additional 1% decline, up to an 85.00% loss. The illustrative estimated value is $959.10 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing.
These unsecured notes pay no interest or dividends, are not FDIC-insured, and carry credit risk from both JPMorgan Financial and JPMorgan Chase & Co. They will not be listed on an exchange, and secondary market prices are expected to be below the original issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on September 1, 2027, in minimum denominations of $1,000.
The notes provide 1.25x leveraged upside on any S&P 500 gain, capped at a Maximum Upside Return of at least 15.85%. If the index is flat or down by up to the 10% buffer, investors gain the index’s move in absolute value, up to a 10% positive return.
If the S&P 500 falls by more than 10%, principal is exposed to losses, with up to 90% of principal at risk at maturity. The notes pay no interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
If priced on the indicated date, the estimated value would be about $987.30 per $1,000 note, and when finalized will not be less than $900.00 per $1,000 note, reflecting structuring and hedging costs and internal funding assumptions.
JPMorgan Chase Financial Company LLC is offering uncapped buffered equity notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, maturing on March 2, 2028, and fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, investors receive at least 1.00 times any positive return of the lesser performing index. A 20% downside buffer applies; if either index falls by more than 20%, principal is reduced 1% for each additional 1% decline, up to an 80% loss of principal.
The notes pay no interest, provide no dividends, are unsecured and unsubordinated, and will not be listed on an exchange, so liquidity may be limited. An illustrative estimated value is about $988.40 per $1,000 note, and the final estimated value will not be less than $900. A structuring fee of $6 per $1,000 may be paid to dealers, and the tax treatment is complex and subject to confirmation.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Digital Barrier Notes linked to the lesser performing of the Dow Jones Industrial Average and the Nasdaq-100 Technology Sector, maturing on March 22, 2027.
If on the observation date each index is at or above 70% of its initial level, investors receive a fixed 7.05% return at maturity, or $1,070.50 per $1,000 note, regardless of how much the indices have risen. If either index finishes below 70% of its initial level, repayment is reduced 1% for every 1% decline of the lesser performing index, down to a total loss of principal.
The notes pay no periodic interest or dividends, are not FDIC insured, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. If priced on the illustrated terms, the estimated value would be about $966.60 per $1,000 note and will not be less than $900.00 per $1,000 when finalized.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered return enhanced notes linked to the S&P 500® Index.
If the Index on the review date is at or above the strike level, the notes are automatically called and pay back principal plus a call premium of at least 10.17%. If not called and the Index is above the strike at maturity, investors receive an uncapped leveraged gain of at least 1.50 times the Index return.
If held to maturity and the Index has fallen by up to 20% from the strike, principal is returned; below that threshold, investors lose 1% of principal for each 1% further Index decline, up to total loss. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, and have an estimated value initially below the $1,000 price, as low as $970 per note.
JPMorgan Chase Financial Company LLC is offering $100,000 of unsecured structured notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing on August 14, 2029. The notes are issued in $1,000 minimum denominations, priced at $1,000 with $28.50 in fees and $971.50 in proceeds to the issuer, and carry a 100% participation rate in any positive return of the weakest index when all three finish above their initial levels.
At maturity, investors receive $1,000 plus an additional amount based on the least performing index return if each index ends above its initial value; if any index is at or below its initial level, repayment equals $1,000 plus the least performing index return, but not less than $950 per $1,000 note, so investors can lose up to 5% of principal. The notes pay no periodic interest or dividends and are fully and unconditionally guaranteed by JPMorgan Chase & Co., with all payments subject to the credit risk of both the issuer and guarantor. The estimated value at pricing was $958.90 per $1,000 note, reflecting selling commissions, structuring and hedging costs.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering callable notes linked to the MerQube US Large-Cap Vol Advantage Index. Each note has a $1,000 minimum denomination and is scheduled to mature on February 28, 2031, with quarterly call dates starting after an initial one-year non-call period.
The notes pay back principal plus a call premium if the index level on a review date is at or above the applicable call value, with the call premium set on the pricing date but not less than 16.60% per annum. If the notes are not called and the final index value is below the 60.00% barrier, repayment at maturity is reduced by the underlying return, so more than 40% and up to all principal may be lost.
The underlying index uses leveraged exposure (0%–500%) to E-Mini S&P 500 futures and includes a 6.0% per annum daily deduction. The estimated value of the notes at pricing will not be less than $870.00 per $1,000 principal amount. All payments are subject to the credit risk of the issuer and guarantor, and the notes offer no interest, dividends, or voting rights, with limited liquidity and complex tax and structural risks highlighted.
JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the common stock of Amazon.com, Inc. The notes may be automatically called on the February 19, 2027 review date for $1,000 plus a 15.54% call premium per note if Amazon’s share price is at or above the $210.32 stock strike price.
If not called and Amazon’s final stock price on February 7, 2028 is at or above the strike, investors receive leveraged upside at 1.30x, subject to a 31.08% contingent minimum return. A 20.00% downside buffer applies; beyond it, investors lose 1.25% of principal for each 1% additional decline, potentially up to total loss.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry JPMorgan credit risk. Minimum denominations are $10,000, with a price to the public of $1,000 per note, fees of $15, and an estimated value of $979.30. Maturity is scheduled for February 10, 2028, and the notes will not pay interest or dividends.
JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to Constellation Energy common stock. The $1,000-denomination notes can be automatically called on February 19, 2027 if the stock closes at or above the $261.42 strike, paying $1,000 plus a 28.28% call premium.
If not called and the stock finishes above the strike on February 7, 2028, investors receive uncapped leveraged upside at 1.25 times the stock return. A 25.00% downside buffer applies; below that threshold, losses accelerate at 1.33333% of principal for each additional 1% stock decline, exposing holders to partial or total principal loss.
The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial guaranteed by JPMorgan Chase & Co., and will not be listed on an exchange. The price to public is $1,000 per note, with proceeds of $985 to the issuer and an estimated value of $972, highlighting embedded selling, structuring and hedging costs and key liquidity, credit and market risks.
JPMorgan Chase Financial Company LLC is offering $500,000 of auto callable contingent interest notes linked to Amazon.com common stock. The notes pay a $25 Contingent Interest Payment per $1,000 note on each quarterly Review Date only if Amazon’s share price is at or above the Interest Barrier of $153.36534, which equals 72.92% of the $210.32 Stock Strike Price.
The notes may be automatically called on Review Dates starting May 22, 2026 if Amazon’s price is at or above the Stock Strike Price, returning $1,000 plus current and any unpaid Contingent Interest Payments. If held to maturity and a Trigger Event occurs (Final Stock Price below the Trigger Level of 72.92% of the Stock Strike Price), investors lose 1.37137% of principal for each 1% decline beyond that threshold, up to a total loss. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., with offering proceeds of $495,000 and an estimated value of $985.60 per $1,000 note.
JPMorgan Chase & Co. is offering senior unsecured Callable Fixed Rate Notes due August 27, 2038. The notes pay 5.00% per annum, with interest paid annually on February 27, starting in 2027, using a 30/360 day-count and $1,000 minimum denomination.
Beginning February 27, 2028, and every February 27 and August 27 through February 27, 2038, JPMorgan may redeem the notes in whole at par plus accrued interest. The notes are not bank deposits and are not FDIC insured.
Pricing to the public will generally be between $970.10 and $1,000 per $1,000 principal amount, reflecting selling commissions and hedging costs. The filing highlights resolution-planning risk, explaining that in a JPMorgan bankruptcy or Title II resolution, holders of these notes rank behind creditors of JPMorgan’s subsidiaries and may recover less than principal and interest.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the lesser performance of Bank of America and Citigroup common stocks.
The notes pay a contingent interest rate of at least 9.50% per annum, but only for Review Dates when each stock’s closing price stays at or above 50.00% of its Strike Value (the Interest Barrier). Missed interest can be paid later if conditions are met.
The notes are automatically called, returning $1,000 per note plus applicable interest, if on any non-final Review Date each stock closes at or above its Strike Value. If held to maturity without being called and either stock finishes below its Trigger Value (50.00% of Strike), repayment is reduced one-for-one with the decline of the lesser performing stock, and investors can lose most or all of principal. Each $1,000 note is offered at par, with an indicative estimated value of about $990 and a minimum estimated value of $970, and is subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $535,000 of Uncapped Dual Directional Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 and S&P 500, maturing on February 14, 2029 and fully guaranteed by JPMorgan Chase & Co.
The notes provide 1.1855x leveraged upside if all three indices rise, or up to a 20% "dual directional" positive return if the worst index is flat to down 20%. If any index falls by more than 20%, principal losses match the decline beyond that buffer, up to 80%. The notes pay no interest or dividends, are unsecured, not FDIC insured, and may be illiquid, with an estimated value of $977.30 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is issuing $1,438,000 of Uncapped Accelerated Barrier Notes linked to the lesser performer of the Nasdaq-100 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and maturing on February 14, 2029.
The notes provide 1.20x leveraged upside at maturity if both indices finish above their initial levels; if either index is at or above 70% of its initial level, investors receive principal only. If either index is below 70% of its initial level, repayment is reduced one-for-one with the lesser-performing index, and investors can lose all principal.
The notes pay no interest or dividends, are unsecured and unsubordinated obligations, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to the public is $1,000 per note, including $9.50 in selling commissions, while the estimated value at pricing was $980.90 per $1,000 note.