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 Financial Company LLC is offering auto callable contingent interest notes linked to the VanEck Gold Miners ETF, guaranteed by JPMorgan Chase & Co. The notes can pay monthly contingent interest if the ETF’s closing price on a review date is at least 60% of the initial value.
The notes may be automatically called as early as August 18, 2026 if, on an applicable review date, the ETF’s price is at or above the initial value, returning $1,000 plus that month’s interest. If held to maturity without an automatic call and the final ETF value is at least 60% of the initial value, holders receive $1,000 plus the final contingent interest payment.
If the final value is below 60% of the initial value, repayment is reduced dollar-for-dollar with the ETF loss, and principal loss can be total. The contingent interest rate will be at least 10.65% per year, and an illustration shows an estimated value of about $955.10 per $1,000 note, reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the common stock of Microsoft Corporation. The notes provide at least 1.25x leveraged upside participation if Microsoft’s average final price ends above the fixed strike level.
The notes can be automatically called after about one year if Microsoft’s share price is at or above the strike on the review date, paying $1,000 plus a call premium of at least 21.25% per note. If not called, investors are protected against declines of up to 20%, but beyond that they lose 1% of principal for each additional 1% drop and can lose their entire investment. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Dow Jones Industrial Average®, the S&P 500® Equal Weight Index and the State Street® Energy Select Sector SPDR® ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can pay monthly contingent interest only when each underlying closes at or above 70.00% of its Initial Value and may be automatically called beginning May 12, 2026 if all are at or above their Initial Values. If the notes are not called and any underlying finishes below its Trigger Value (70.00% of its Initial Value) at maturity, repayment of principal is reduced in line with the Least Performing Underlying, potentially to zero. A hypothetical Contingent Interest Rate of 10.50% per annum (0.875% per month) is used in payout examples, and the estimated value is illustrated at approximately $983.30 per $1,000 principal amount, with a minimum estimated value at pricing of $900.00 per $1,000. The notes are unsecured, not FDIC insured, offer no dividends, may be illiquid and embed significant market, sector, credit, tax and valuation risks.
JPMorgan Chase Financial Company LLC is offering Contingent Income Auto-Callable Securities due February 22, 2027 linked to a WTI crude oil futures contract, with a $1,000 stated principal amount per security. These notes are fully and unconditionally guaranteed by JPMorgan Chase & Co.
Investors may receive a quarterly contingent payment of at least $30 (3.00% of principal) per security for each determination date on which the WTI futures contract price is at least 70% of the initial contract price. If on any non-final determination date the contract price is at or above the initial level, the notes are automatically called and pay back principal plus the due contingent coupon and any previously unpaid coupons.
If the notes are not called and the final contract price is at or above 70% of the initial price, investors receive principal plus the final contingent coupon and any unpaid coupons. If the final price is below 70%, repayment is reduced in direct proportion to the futures decline, and the maturity payment can be far below principal and as low as zero. The issue price is $1,000, with selling and structuring fees totaling $17.50 per note, and an estimated value around $962.50 per note, highlighting embedded costs and issuer/guarantor credit risk.
JPMorgan Chase Financial Company LLC priced $4,412,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due February 9, 2032, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes were priced on February 4, 2026 and are expected to settle on or about February 9, 2026.
The notes pay a monthly Contingent Interest Payment when the Index closing level on an Interest Review Date is ≥ 70.00% of the Initial Value, and will be automatically called on any quarterly Autocall Review Date when the Index closing level is ≥ the Initial Value (earliest possible automatic call: August 4, 2026). The Index is subject to a 6.0% per annum daily deduction and a notional financing cost; payments and principal are subject to issuer and guarantor credit risk and the notes are unsecured, with minimum denominations of $1,000.
JPMorgan Chase Financial Company LLC is offering structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on February 13, 2031 unless called earlier.
The notes can be automatically called on scheduled Review Dates starting February 10, 2027 if the Index closes at or above 90% of its initial level, paying back principal plus a call premium that steps up from at least 16% to at least 80% of principal over time. If not called and the final Index level is at or above 70% of its initial level, investors receive principal at maturity; below that 70% barrier, repayment is reduced one-for-one with the Index decline, potentially to zero.
The Index embeds a 6.0% per annum daily deduction, which drags performance and can cause the Index to lag an identical index without this charge. The notes pay no interest, provide no index dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and may result in loss of some or all principal. If priced on the described terms, the estimated value would be approximately $910 per $1,000 principal amount, and when finally set will not be less than $900 per $1,000, reflecting structuring and distribution costs.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the Russell 2000® and EURO STOXX 50® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes can pay a contingent interest rate of at least 10.50% per annum if, on a Review Date, each index is at or above 75% of its Strike Value. They may be automatically called as early as November 5, 2026 if both indices are at or above their Strike Values, returning $1,000 per note plus that period’s interest.
If the notes are not called and either index finishes below 65% of its Strike Value at maturity, repayment of principal is reduced in line with the decline in the lesser performing index, and investors can lose most or all of their investment. The preliminary estimated value is about $970 per $1,000 note and will not be less than $950 when finalized. Key risks include loss of principal, the possibility of no interest payments, credit risk of the issuer and guarantor, complex tax treatment and limited or no secondary market liquidity.
JPMorgan Financial is offering auto callable contingent interest notes linked to the lesser performer of the State Street SPDR S&P Oil & Gas Exploration & Production ETF and the State Street Energy Select Sector SPDR ETF, fully guaranteed by JPMorgan Chase & Co.
The notes may pay monthly contingent interest at a rate of at least 8.85% per annum if each ETF stays at or above 70% of its initial value. They can be automatically called as early as August 18, 2026 if both ETFs are at or above their initial values, returning principal plus that month’s interest.
If the notes are not called and either ETF finishes below its 70% trigger, repayment of principal is reduced one-for-one with the ETF loss, potentially to zero. The notes are unsecured, not FDIC insured, will not be listed, have an estimated value initially below the $1,000 issue price and carry complex tax, credit, liquidity and energy-sector concentration risks.
JPMorgan Chase Financial Company LLC is issuing $840,000 of auto callable contingent interest notes linked to Constellation Energy common stock, fully guaranteed by JPMorgan Chase & Co. Each $1,000 note can pay a quarterly contingent coupon of 3.4375% (13.75% per year) if the stock closes at or above 75% of the strike on review dates.
The notes may be automatically called as early as April 29, 2026 if the stock is at or above the $287.45 strike, returning $1,000 plus due coupons. If held to maturity in 2029 and the stock finishes below 50% of the strike ($143.725), investors lose principal in line with the stock decline and could lose their entire investment. The estimated value was $948.10 per $1,000 at pricing, below the issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional barrier notes linked to the S&P 500 Index, maturing on August 10, 2027, in minimum denominations of $1,000.
The notes may be automatically called on February 9, 2027 for $1,000 plus a call premium of at least $99 if the index is at or above the call value. If not called and the index finishes above the strike, investors receive uncapped, unleveraged upside; if it is at or below the strike but at or above 80% of the strike, they receive the absolute index move, capped at a 20% gain. Below the 80% barrier, principal loss matches the index decline and can reach 100%.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and are not FDIC insured. If priced on the indicated terms, JPMorgan estimates the note value at about $979 per $1,000, and it will not be less than $940 per $1,000 when finally set, reflecting embedded costs and hedging.
JPMorgan Chase Financial Company LLC is issuing $1,767,000 of Uncapped Accelerated Barrier Notes linked to an unequally weighted basket of the Nikkei 225, EURO STOXX 50 and iShares MSCI EAFE ETF, maturing on February 7, 2031 and guaranteed by JPMorgan Chase & Co.
The notes provide 1.20x leveraged upside at maturity if the basket rises, return principal if the basket stays at or above 75% of its initial value, and expose holders to steep losses, including full principal loss, if it finishes below that barrier. They pay no interest or dividends. The price to public is $1,000 per note, with selling commissions of $3.50, while the estimated value at pricing was $975.60, reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $2,000,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000 Index, maturing on July 3, 2031, at a price of $1,000 per note.
The notes offer a maximum return of 57.0008% (up to $1,570.008 per $1,000 note) and include a 14.00% buffer, so principal loss begins if the Final Value falls below 86.00% of the Initial Value. Holders forgo interest and dividends and can lose up to 86.00% of principal. The estimated value at pricing was $987.90 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the State Street® Energy Select Sector SPDR® ETF and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay quarterly contingent interest at a rate of at least 8.75% per annum only when the closing value of each underlying on a review date is at or above 70% of its initial value. The notes may be automatically called, starting on August 6, 2026, if both underlyings are at or above their initial values, returning principal plus due interest. If the notes are not called and either underlying finishes below its 70% trigger on the final review date, investors lose principal in line with the lesser performer, potentially all their investment. The notes are unsecured obligations, and an estimated value of about $960 per $1,000 (not less than $940) highlights embedded selling, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $325,000 of unsecured, callable Contingent Interest Notes linked individually to the Russell 2000® Index, the S&P 500® Index and the State Street® Utilities Select Sector SPDR® ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon at a rate of 9.15% per annum (0.7625% per month) only if on a Review Date the closing value of each underlying is at least 70% of its Initial Value; otherwise no interest is paid for that period. If the notes are not redeemed early and on the final Review Date any underlying finishes below 65% of its Initial Value, investors lose 1% of principal for each 1% decline in the Least Performing Underlying, potentially losing their entire investment.
The issuer may redeem the notes early, in whole, on specified Interest Payment Dates starting May 7, 2026, paying $1,000 plus any due contingent interest. The price to public is $1,000 per note, including $7 in selling commissions, while the estimated value at pricing was $968.70, reflecting embedded costs and JPMorgan’s internal funding and hedging assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto-callable review notes linked separately to the Russell 2000 Index and the EURO STOXX 50 Index, each in $1,000 minimum denominations.
The notes can be automatically called as early as May 26, 2026 if both indices are at or above 100% of their initial levels, paying back principal plus a call premium starting at at least 2.75% and rising to at least 55.00% by the final review date. If not called, investors receive full principal at maturity in 2031 only if each index stays at or above 75% of its initial level; otherwise payment is reduced one-for-one with the loss of the worse-performing index, potentially to zero. The preliminary estimated value is about $950 per $1,000 note and will not be less than $930 when finalized, the notes pay no interest or dividends, are unsecured, and carry the credit risk of both the issuer and guarantor.
JPMorgan Chase Financial Company LLC is offering $717,000 of auto callable contingent interest notes linked to the ordinary shares of Norwegian Cruise Line Holdings Ltd., fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon of 15.00% per year (3.75% per quarter) only if, on a review date, the stock closes at or above 75% of the strike value of $22.92, an interest barrier of $17.19. They may be automatically called as early as April 29, 2026 if the stock closes at or above the $22.92 strike.
At maturity on February 1, 2029, if not called and the final stock price is below 50% of the strike, or $11.46, investors lose principal in line with the stock decline and can lose their entire investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., carry no dividend rights in the stock, are not FDIC insured, and have an estimated value of $933.40 per $1,000, below the $1,000 issue price due to embedded costs.
JPMorgan Chase Financial Company LLC outlines preliminary terms for auto callable accelerated barrier notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing in February 2028 and fully guaranteed by JPMorgan Chase & Co.
The notes have a minimum denomination of $1,000 and may be automatically called on a February 2027 review date if each index closes at or above its call value, paying $1,000 plus a call premium of at least $176. If not called and each final index value exceeds its initial value, holders receive 2.00 times the least-performing index’s gain; if any index finishes between 70.00% and 100.00% of its initial value, principal is returned.
If the notes are not called and any index closes below 70.00% of its initial value, repayment is reduced 1% for each 1% decline in the least-performing index, up to a total loss of principal. An indicative estimated value is approximately $970.90 per $1,000 note, and the final estimated value will not be less than $900.00, reflecting embedded costs, hedging and dealer compensation.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of PayPal Holdings, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 10, 2027, in $1,000 minimum denominations.
Investors may receive a quarterly Contingent Interest Payment if PayPal’s share price on a Review Date is at or above 70% of the Strike Value, with unpaid coupons accruing if later barriers are met. The notes can be automatically called as early as February 5, 2027 if PayPal’s price is at or above the Strike Value, returning $1,000 plus applicable interest.
If the notes are not called and the final PayPal price is below a 60% Trigger Value, principal is reduced 1% for each 1% decline from the Strike Value, potentially resulting in a total loss. A hypothetical Contingent Interest Rate of 14.50% per annum is used in examples, and the preliminary estimated value is about $980 per $1,000 note, not less than $950 at pricing. The notes carry JPMorgan credit risk, pay no dividends, may be illiquid, and involve complex U.S. tax treatment.
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 denomination and matures in February 2031.
Investors may receive quarterly contingent interest at a rate of at least 9.50% per year, but only when the Index closes at or above 50% of its initial level. Starting in February 2027, the notes are automatically called if the Index on a review date (other than the first three and final) is at or above a preset call level, returning $1,000 plus that period’s interest.
If the notes are not called and the Index ends below a trigger level, principal is reduced one-for-one with the Index loss, potentially to zero. The underlying Index uses leveraged E-mini S&P 500 futures and is reduced by a 6.0% per annum daily deduction, which can significantly drag performance. The indicative estimated value is about $910 per $1,000 note and will not be less than $900.
JPMorgan Chase Financial Company LLC is issuing $450,000 of auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 8.70% per year, credited monthly, only when the Index is at or above 60% of its initial level on an Interest Review Date.
The notes may be automatically called quarterly from February 4, 2027 if the Index is at least at its initial level, returning principal plus due and unpaid coupons. If not called and the Index at maturity falls more than 15% below its initial level, investors lose 1% of principal for each additional 1% decline, up to an 85% loss.
The Index embeds a 6.0% per annum daily deduction and a notional financing cost on its QQQ-based exposure, uses leverage up to 500% and a 35% target volatility, and is expected to lag a similar index without these charges. The notes are unsecured, unlisted, subject to JPMorgan credit risk, and had an estimated value of $912 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is issuing $555,000 of auto callable contingent interest notes linked to DoorDash Class A stock, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $35 per $1,000 (a 14.00% annual rate, 3.50% per quarter) when DoorDash’s share price on a review date is at or above 75.00% of the $207.68 strike value.
The notes may be automatically called as early as April 29, 2026 if the stock is at or above the strike, returning principal plus due and unpaid coupons. If held to maturity on February 1, 2029 and the final stock value is below 50.00% of the strike, investors lose principal in line with the stock decline and could lose their entire investment. The notes priced at $1,000 per unit, with estimated value of $941.10, and will not pay dividends or provide voting rights in DoorDash.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of Broadcom Inc. (AVGO), maturing in February 2028.
The notes may pay quarterly contingent interest at a rate of at least 13.50% per annum (at least $33.75 per $1,000 per quarter) if Broadcom’s share price on a review date is at or above 50% of the initial value. Missed coupons can be paid later if this condition is met on a subsequent review date.
The notes are automatically called, with return of principal plus due coupons, if on any review date other than the first and final the Broadcom share price is at or above the initial value. If held to maturity and not called, investors receive full principal plus due coupons if the final stock price is at or above 50% of the initial value, but will lose 1% of principal for every 1% decline below the initial value if the final value is under that 50% trigger, potentially losing all principal.
The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The issuer estimates that, if priced on the described terms, the value would be approximately $960 per $1,000 note, and the final estimated value will not be less than $940 per $1,000.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes linked to the least performing of the VanEck Gold Miners ETF, the Nasdaq-100 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes run to March 17, 2027 and offer at least 1.486× leveraged upside if all three underlyings finish above their initial values, and a dual-directional feature that can provide positive returns for declines of up to 20% in the worst performer. Below this 20% buffer, investors lose 1% of principal for each additional 1% decline, with up to 80% loss of principal.
The minimum denomination is $1,000. The issuer discloses an illustrative estimated value of about $976.50 per $1,000 note if priced today, and states the final estimated value on pricing will not be less than $900. The notes pay no interest, provide no dividends, are not listed on any exchange and 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 auto callable accelerated barrier notes linked to the common stock of Blackstone Inc. (BX), maturing on February 15, 2029, in $1,000 minimum denominations.
The notes may be automatically called on February 17, 2027 if Blackstone’s share price is at or above 90% of the initial price, paying $1,000 plus a call premium of at least $210. If not called, investors get 2.0x any positive stock return at maturity. Principal is protected only down to a 60% barrier; if the final stock price is below this level, losses match the full stock decline and investors can lose all principal. The notes pay no interest or dividends, are unsecured, and carry the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. The indicative estimated value is approximately $984.20 per $1,000 note and will not be less than $900.00 when finalized.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the worst performer of three State Street sector ETFs: Energy, Materials and Utilities. The notes pay a contingent coupon on each review date only if every ETF closes at or above 70% of its Initial Value.
The notes may be automatically called as early as May 12, 2026 if each ETF is at or above its Initial Value, returning $1,000 per note plus the applicable interest and ending further payments. If the notes are not called and any ETF finishes below its 70% trigger at maturity, principal is reduced one-for-one with the loss on the least performing ETF and can fall to zero.
The preliminary estimated value is about $973.90 per $1,000 note, with a final estimated value not less than $900.00. A hypothetical contingent interest rate of 11.90% per annum is illustrated. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry sector, market, credit, liquidity and tax risks.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing on February 19, 2031.
The notes pay a contingent interest rate of at least 7.45% per year, but only for review dates when each index stays at or above 60% of its initial level. If any index finishes below its 50% trigger level at maturity and the notes have not been called, investors lose principal in line with that decline and can lose their entire investment.
JPMorgan may redeem the notes early on specified interest payment dates, beginning around February 19, 2027. The preliminary estimated value is about $960 per $1,000 note and will not be less than $940 per $1,000 when terms are set, reflecting embedded costs and hedging.
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 and fully guaranteed by JPMorgan Chase & Co.
The notes can pay a contingent interest rate of at least 9.00% per annum when the Index is at or above 65% of its initial level on review dates, and may be automatically called starting in February 2027 if the Index is at or above its initial level. Principal is exposed to losses if, at maturity, the Index has fallen more than 15% from its initial level, with up to 85% of principal at risk. The Index itself is reduced by a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. The preliminary estimated value is about $914.10 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is offering structured "Review Notes" linked to the common stock of Blackstone Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 minimum denominations and may be automatically called on quarterly Review Dates starting February 16, 2027.
If on any Review Date the Blackstone share price is at or above the applicable Call Value (generally 90% of the initial price, 80% on the final date), investors receive $1,000 plus a fixed Call Premium Amount that steps up over time, up to at least 91% of principal by the final Review Date. If the notes are not called and the final share price is at or above 75% of the initial price, investors receive their principal back at maturity in February 2033.
If the notes are not called and the final share price is below 75% of the initial price, repayment is $1,000 plus $1,000 times the stock return, exposing holders to losses greater than 25% and potentially a full loss of principal. The notes pay no interest, do not pass through dividends, are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and are expected to have an estimated value below the $1,000 issue price, with an illustration of approximately $957.10 per note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of Uber Technologies, Inc. The notes target a contingent interest rate of at least 13.50% per annum, paid quarterly if Uber’s share price on a review date is at or above 70.00% of its initial level.
The notes can be automatically called as early as August 6, 2026 if Uber’s share price is at or above the initial value on specified review dates, returning principal plus the applicable contingent interest. If the notes are not called and Uber’s final share price is below 70.00% of the initial value, repayment at maturity is reduced one-for-one with Uber’s decline, and investors can lose most or all of their principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The indicative estimated value is approximately $960.00 per $1,000 note and will not be less than $940.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of ServiceNow, Inc. The notes pay a contingent interest of 13.00% per annum (3.25% quarterly) when the stock closes at or above an interest barrier set at up to 51.00% of the initial share price on each review date.
The notes may be automatically called starting August 6, 2026 if the stock is at or above its initial value, returning $1,000 per note plus due interest. If not called and the final stock price is below the trigger value (also at most 51.00% of the initial value), investors lose 1% of principal for each 1% stock decline and can lose their entire investment. The indicative estimated value is about $960 per $1,000 note, not less than $940 at pricing, reflecting embedded fees and hedging costs.
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., maturing on February 11, 2031.
The notes can pay contingent interest of at least 15.00% per annum, credited monthly, but only if on a Review Date the Index is at or above 70% of its Initial Value. The notes are automatically called, with principal repaid plus that period’s interest, if on certain Review Dates the Index is at or above its Initial Value, starting as early as February 8, 2027.
Principal is protected only down to a 30% buffer. If the Final Value is below 70% of the Initial Value at maturity, losses accelerate at a 1.42857× downside leverage rate, and investors can lose some or all principal. The Index itself is reduced by a 6.0% per annum daily deduction, which drags performance. The preliminary estimated value is about $923 per $1,000 note and will not be less than $900, and all payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering Contingent Income Auto-Callable Securities due February 19, 2027, linked to the Class A common stock of CrowdStrike Holdings, Inc. These are principal-at-risk, unsecured notes fully and unconditionally guaranteed by JPMorgan Chase & Co.
Investors may receive a contingent quarterly payment of at least 2.5625% of the $1,000 stated principal amount (at least $25.625 per security) on each determination date when CrowdStrike’s closing price is at or above 50% of the initial stock price, the downside threshold level. If on any non-final determination date the stock closes at or above the initial stock price, the notes are automatically redeemed for $1,000 plus that quarter’s contingent payment.
If the notes are not called and the final stock price is at or above the downside threshold, investors receive $1,000 plus the final contingent payment at maturity. If the final stock price is below the downside threshold, repayment is reduced 1-for-1 with the stock’s decline, potentially to zero, so investors can lose their entire principal. Investors do not receive dividends or participate in any stock appreciation, and secondary market liquidity and tax treatment are significant additional risks.
JPMorgan Chase Financial Company LLC is offering Contingent Income Auto-Callable Securities due February 16, 2029, linked to the common stock of MongoDB, Inc. These principal-at-risk notes are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Investors may receive a contingent quarterly payment of at least $42.75 per $1,000 security (at least 4.275%) for each determination date on which the MongoDB closing price is at or above 50% of the initial stock price, the downside threshold level. If the stock is below this level on a determination date, no payment is made for that quarter, and investors could receive few or no payments over the term.
If on any non-final determination date the stock closes at or above the initial stock price, the notes are automatically redeemed for $1,000 plus the applicable contingent payment and any previously unpaid contingent payments. If not redeemed early and the final stock price is at or above the downside threshold, investors receive $1,000 plus the final contingent payment (and any unpaid prior payments). If the final stock price is below the downside threshold, repayment is reduced one-for-one with the stock decline, and the maturity payment can be less than 50% of principal or zero.
The issue price is $1,000 per security, with selling commissions up to $17.50 and a $5.00 structuring fee per $1,000. If priced on the date assumed in the document and using the minimum contingent payment, the estimated value would be about $949.60 per $1,000 security, and on the actual pricing date will not be less than $920.00 per $1,000. The securities will not be listed on any exchange, and any return depends on both the performance of MongoDB stock and the credit of JPMorgan Chase Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering Auto Callable Accelerated Barrier Notes linked to the common stock of Blackstone Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as February 17, 2027 if Blackstone’s share price is at or above 90% of its initial level, paying back principal plus at least $210 per $1,000 note.
If not called and Blackstone’s final price is above its initial level, investors receive 2.0 times the stock’s percentage gain at maturity in February 2030. Principal is repaid only if the final price is at or above 70% of the initial level; below that barrier, losses match the stock’s decline and can reach 100% of principal. The notes pay no interest or dividends, are unsecured obligations, and all payments depend on the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering five-year Trigger Autocallable Contingent Yield Notes linked to the lesser performer of the Nikkei 225 Index and the EURO STOXX 50® Index, with $10 denominations and a $1,000 minimum investment.
The notes pay quarterly contingent coupons only if both indexes stay at or above a coupon barrier set at 70% of each initial level, with an expected coupon rate between 7.05% and 8.05% per year. The notes can be called automatically each quarter after six months if both indexes are at or above their initial levels, returning principal plus that period’s coupon.
If the notes are not called, investors receive full principal at maturity only if the final level of each index is at or above a downside threshold and coupon barrier set at 60% and 70% of the initial levels, respectively; otherwise, principal is reduced in line with the loss on the weaker index. The offering price is $10 per note, with $0.225 in fees and commissions and an initial estimated value of about $9.367 per $10 note, not less than $9.00, and the issuer stresses that the notes are significantly riskier than conventional debt and subject to its and the guarantor’s credit risk.
JPMorgan Chase Financial Company LLC is offering Capped Buffer GEARS, two-year structured notes linked to the SPDR® Gold Trust. These unsecured notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., provide 2.00x leveraged upside to gold ETF performance, subject to a Maximum Gain between 28.00% and 32.50%.
If the ETF falls but stays at or above 90% of its initial level at maturity, investors receive full principal back; below that 10% buffer, losses increase 1% for each additional 1% decline, up to a loss of 90% of principal. The notes pay no interest, are not exchange-listed, and all payments depend on the credit of JPMorgan entities.
The issue price is $10 per Security, with $0.20 per Security in selling commissions to UBS and $9.80 per Security in proceeds to the issuer. The indicative estimated value is about $9.64 per $10 Security and will not be less than $9.30 when finalized, reflecting structuring, hedging costs and dealer profits. The tax discussion indicates treatment as an “open transaction” with potential constructive ownership and collectibles-rate implications.
JPMorgan Chase Financial Company LLC plans to issue digital barrier notes linked to the lesser performer of the Russell 2000 Index and the S&P 500 Index, maturing on May 24, 2027 and fully guaranteed by JPMorgan Chase & Co.
If, on the May 19, 2027 observation date, the final level of each index is at least 75% of its initial level, investors receive a fixed return of at least 11.55%, or $1,115.50 per $1,000 note. If either index finishes below 75% of its initial level, repayment is reduced one-for-one with the decline of the lesser-performing index, and investors can lose all principal.
The notes pay no interest, do not pass through dividends, and are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. Minimum denomination is $1,000, and selling commissions will not exceed $12.50 per $1,000 note. The issuer estimates the current value at about $985.90 per $1,000 note, and states the final estimated value at pricing will not be less than $960.00.
JPMorgan Chase Financial Company LLC is offering structured notes linked to the J.P. Morgan Multi‑Asset Index due March 4, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and repay $1,000 principal at maturity plus an Additional Amount equal to $1,000 × Index Return × Participation Rate (not less than zero).
The Pricing Date is expected on or about February 27, 2026 with settlement on or about March 4, 2026. The Participation Rate will be at least 406.00%. The estimated value shown is approximately $940.30 per $1,000 note (will not be less than $900.00 per $1,000 when set). Selling commissions will not exceed $30.00 per $1,000 note. Investors bear the credit risk of the issuer and guarantor and should review the detailed "Risk Factors" sections referenced in the supplement.
JPMorgan Chase Financial Company LLC is offering structured “Review Notes” linked to the lesser performer of the S&P 500 Equal Weight Index and the EURO STOXX 50 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as March 2027 if both indices are at or above preset call levels, paying at least 9.65%, 19.30% or 28.95% of principal on the three review dates.
If not called and either index finishes below 70% of its initial level at maturity in March 2029, investors lose 1% of principal for each 1% decline in the lesser-performing index and can lose their entire investment. The notes pay no interest or dividends, are unsecured, not FDIC insured, and an initial estimated value is indicated at about $950 per $1,000 note, with a minimum final estimated value of $930.
JPMorgan Chase Financial Company LLC is offering capped accelerated barrier notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The notes are expected to price on or about February 6, 2026 and settle on or about February 11, 2026, with a maturity on or about February 9, 2029.
The terms include an Upside Leverage Factor of 3.00, a stated Maximum Return of at least 47.50 (equivalent to at least $1,475.00 per $1,000 note), and a Barrier Amount equal to 60.00 of each Index's Initial Value. Payment at maturity is determined by the Least Performing Index; if any Index falls below the Barrier Amount, principal losses occur on a 1:1 basis with the Least Performing Index return. The notes are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co..
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes linked to the lesser performer of the Dow Jones Industrial Average® and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide uncapped upside at least 1.03 times any positive lesser-index return and a dual-directional feature that pays the absolute value of index declines up to a 15.00% buffer, capping gains at $1,150 per $1,000 if the lesser index is negative. If either index falls more than 15%, investors lose 1% of principal for each additional 1% decline, up to an 85% loss at maturity.
Investors forgo interest and dividends, face credit risk of both JPMorgan entities, and the notes will not be listed, so liquidity may be limited and secondary prices may be well below issue price. An example estimated value is $987.90 per $1,000, and the final estimated value will not be less than $950, reflecting built-in selling, structuring, and hedging costs.
JPMorgan Chase Financial Company LLC is offering Uncapped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the MSCI EAFE® Index and the EURO STOXX 50® Index, maturing on February 15, 2029, and fully guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.70x any positive return of the lesser-performing index and a positive, uncapped return for index declines up to a 15.00% buffer, but expose investors to losses beyond that level, up to 85.00% of principal. They pay no interest or dividends, are unsecured, and will not be listed on any exchange. If priced on the indicated date, the estimated value would be about $980.20 per $1,000 note and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the lesser performing of Bank of America and Morgan Stanley common stock, maturing on August 16, 2027, in minimum denominations of $1,000.
The notes pay a contingent interest rate of at least 10.00% per annum, or at least $25.00 per $1,000 each quarter, but only if on a Review Date the closing price of one share of each stock is at or above 60.00% of its Initial Value. Missed coupons can be “made up” later if this condition is met on a future Review Date.
The notes are auto callable: if, on any non-final Review Date, the closing price of each stock is at or above its Initial Value, investors receive $1,000 per note plus the due and any unpaid contingent interest, and the notes terminate early. If not called and at maturity either stock’s final price is below 60.00% of its Initial Value, repayment of principal is reduced one-for-one with the decline in the lesser performing stock, and investors can lose more than 40% and up to all of their principal.
The indicative estimated value is approximately $970.00 per $1,000 note at pricing and will not be less than $950.00, reflecting selling commissions, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. and will not be listed on any exchange.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering five-year notes linked to the MerQube US Large-Cap Vol Advantage Index, which uses leveraged E-Mini S&P 500 futures and applies a 6.0% per annum daily deduction.
The notes are callable quarterly after an initial one-year non-call period. If, on a Review Date, the index is at or above its initial level, investors receive $1,000 plus a Call Premium of at least 19.40% per annum and the notes are automatically redeemed. The barrier at maturity is 50.00% of the initial index value; if the final index level is below this, repayment is reduced one-for-one with the index loss, and investors can lose all principal.
The estimated value will not be less than $870.00 per $1,000 note when terms are set, which is likely below the purchase price. Payments depend on the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the notes pay no interest or dividends and may be illiquid.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Digital Buffered Notes linked to the S&P 500® Index with a total offering size of $2,500,000, priced at $1,000 per note.
The notes pay a fixed 8.11% contingent digital return at maturity per $1,000 note (maximum payment $1,081.10) if the S&P 500 ending level is at or above the strike level of 6,976.44, or down by up to a 10% buffer. If the index falls by more than 10%, investors lose principal at a 1.11111% rate for each additional 1% decline, up to total loss.
The notes pay no interest or dividends, have a minimum denomination of $10,000, and are unsecured, unsubordinated obligations of the issuer. They price on February 3, 2026, settle on or about February 6, 2026, and mature on February 19, 2027. The estimated value at pricing is $985.90 per $1,000 note, below the issue price due to selling, structuring and hedging costs. Liquidity is limited because the notes will not be listed, and any secondary market would primarily depend on JPMS.
JPMorgan Chase Financial Company LLC is offering $4,417,000 of unsecured Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for early automatic call at a premium if, on any Review Date from February 3, 2028 through February 3, 2033, the Index closes at or above the Call Value, set at 100% of the Initial Value of 11,948.96.
If automatically called, holders receive $1,000 plus a Call Premium Amount based on a 22.50% Call Premium Rate; the first Review Date premium is $450 per $1,000 note and the final Review Date premium is $1,571.4286. If not called and the Final Value is at or above the Barrier Amount, set at 60% of the Initial Value (7,169.376), investors receive principal only. If the Final Value is below the Barrier Amount, repayment equals $1,000 plus $1,000 times the Index Return, so investors can lose more than 40% and up to all principal.
The Index incorporates a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund component, which drag performance and cause it to lag a similar index without these charges. The notes are priced at $1,000 with $20 in fees and commissions, while the estimated value is $929 per $1,000 note, and they are not insured or bank deposits.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Buffered Return Enhanced Notes linked to the Bloomberg Commodity Index. The notes provide leveraged upside exposure, with an Upside Leverage Factor of at least 1.10 on any positive index return at maturity.
Investors are protected by a 10% buffer on index declines, but beyond that point losses accelerate at a Downside Leverage Factor of 1.11111, and principal can be lost in full. The notes are scheduled to price on or about February 5, 2026, mature on February 10, 2028, and use the index level on the February 7, 2028 observation date to determine payout.
If the notes priced on the date referenced, the estimated value would be approximately $971.10 per $1,000 note, and the final estimated value will not be less than $960.00. The issuer highlights complex tax treatment, potential adverse future tax guidance, lack of liquidity, and the difference between estimated value and original issue price as key risks.
JPMorgan Chase Financial Company LLC is offering $1,277,000 of Auto Callable Accelerated Barrier Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured and unsubordinated obligations with $1,000 minimum denominations.
The notes may be automatically called as early as February 4, 2027 if the Index closes at or above the call value, paying $1,000 plus a call premium based on a 23.50% call premium rate. If held to February 8, 2033 and not called, investors get 3.00 times any Index gain, principal back if the Index is at or above 50% of its initial level, and lose principal one-for-one below that barrier.
The Index embeds a 6.0% per annum daily deduction and a notional financing cost, which drag on performance and can cause declines even when the underlying strategy is flat or modestly positive. The price to public is $1,000 per note, including $20 in selling commissions, while the estimated value at pricing was $919.60 per $1,000, reflecting structuring and hedging costs.
JPMorgan Chase Financial Company LLC is issuing $500,000 of Uncapped Return Enhanced Notes linked to the Nasdaq-100 Futures Excess Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer 3.17x any positive index return at maturity on February 7, 2036.
Holders forgo interest payments and can lose some or all principal if the index falls below its initial level of 677.3256. The price to the public is $1,000 per note, including $25 in fees and commissions, while the estimated value at pricing was $949.10 per $1,000 note, reflecting selling, structuring and hedging costs.
The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They will not be listed on any exchange, and any secondary market is expected to be limited, with typical resale prices below the original issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the worst performer of Centene, Invesco and Coinbase Class A common stock, maturing on February 10, 2028.
The notes pay a quarterly contingent coupon of at least 26.75% per annum (at least $66.875 per $1,000) only if each stock closes at or above 60% of its initial value on a review date. Starting August 5, 2026, the notes are automatically called if each stock is at or above its initial value, returning principal plus due and unpaid contingent interest.
If held to maturity and no automatic call occurs, investors receive principal back plus contingent interest only if every stock finishes at or above its 60% trigger; otherwise repayment is reduced one-for-one with the decline of the worst stock, with losses that can reach 100% of principal. The minimum denomination is $1,000, the notes are unsecured, and all payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value, if priced today, would be about $916.20 per $1,000, and will not be less than $900.00 per $1,000 at pricing.