JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on September 17, 2031. The notes target at least 3.00x any positive Index return at maturity, with no upside cap.
The structure includes a Barrier Amount at 60.00% of the Initial Value. If the Final Index Value is at or above this barrier, principal is repaid; if it falls below, investors lose 1% of principal for every 1% Index decline, potentially losing the entire investment. The underlying Index applies a 6.0% per annum daily deduction, which drags on performance and can cause the Index to underperform comparable strategies without such a fee.
The notes pay no interest, provide no dividend exposure to S&P 500 constituents, and are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is $868.40 per $1,000 note, and will not be less than $850.00 at pricing.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated callable notes due August 3, 2033, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay quarterly interest at a variable rate based on the 10-year Constant Maturity Treasury (CMT) rate.
For each interest period, interest for each $1,000 note equals an annualized rate of at least 9.45% × N/ACT, where N is the number of days the 10‑year CMT rate is less than or equal to 5.25%, and ACT is total days in the period; days outside this range earn 0.00%. Beginning August 3, 2027, the issuer may redeem the notes quarterly at par plus accrued interest. The price to the public is $1,000 per note, with total selling and structuring compensation of $12.50 and proceeds to the issuer of $987.50 per note. The estimated value would be approximately $974.00 per $1,000 note if priced on the described date, and will not be less than $950.00 per $1,000 at pricing. The notes involve credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and may have limited or no secondary market liquidity.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Digital Buffered Notes linked to the S&P 500® Index. At maturity, if the S&P 500 ending level is at or above its initial level, or down by up to the 15.00% Buffer Amount, investors receive a fixed Contingent Digital Return of at least 12.15%, for a minimum payoff of $1,121.50 per $1,000 note. If the index falls by more than 15%, principal is reduced using a 1.17647 Downside Leverage Factor, so losses accelerate beyond the buffer and investors can lose all principal.
The hypothetical estimated value is $982.50 per $1,000 note, and will not be less than $970.00 at pricing, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured obligations, not bank deposits and not FDIC insured. U.S. tax treatment is expected to follow “prepaid financial contracts” open-transaction treatment, and the issuer expects Section 871(m) dividend-equivalent withholding not to apply to Non-U.S. Holders, though the IRS could take a different view.
JPMorgan Chase Financial Company LLC is offering structured notes linked to the least performing of the S&P 500® Index, Nasdaq-100 Index® and Russell 2000® Index, maturing on August 7, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a Participation Rate of at least 112.90%, so if all three indices end above their initial levels, investors receive $1,000 principal plus an Additional Amount equal to $1,000 × the return of the least performing index × the Participation Rate. If any index finishes at or below its initial level, only the $1,000 principal is paid at maturity, with no upside. The notes pay no interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both the issuer and guarantor. The initial estimated value is about $977.40 per $1,000 note and will not be less than $940.00, reflecting embedded selling and hedging costs and the issuer’s internal funding rate. U.S. holders are expected to treat the notes as contingent payment debt instruments, accruing original issue discount annually for tax purposes.
JPMorgan Chase Financial Company LLC is offering structured Auto Callable Accelerated Barrier Notes linked to the least performing of Microsoft, Amazon.com, Broadcom and Alphabet Class A, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a scheduled maturity on August 9, 2028, minimum denominations of $1,000, and may be automatically called as early as November 4, 2026 if each stock is at or above its Call Value, paying principal plus a Call Premium Amount of at least $680 per $1,000.
If not called and each stock’s Final Value exceeds its Initial Value, investors receive principal plus 3.00× the gain of the least performing stock. If any stock finishes at or below its Initial Value but all remain at or above 70.00% of Initial Value (the Barrier Amount), principal is returned. If any stock’s Final Value is below its Barrier Amount, repayment is reduced 1% for each 1% decline of the least performing stock and investors can lose up to 100% of principal. The notes pay no interest or dividends, are unsecured and unsubordinated, are not listed on any exchange and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is about $960 per $1,000 at pricing and will not be less than $940, reflecting embedded costs.
JPMorgan Chase & Co. General Counsel Stacey Friedman reported a bona fide gift of 166 shares of common stock on 2026-07-27. The transaction carried no sale price. After the gift, she directly holds 40,795 shares and reports indirect holdings of 79,468 shares through a GRAT and 16,196 shares through a trust.
JPMorgan Chase & Co. reports that executive Douglas B. Petno, Co-President and CEO of CIB, made a bona fide gift of 864 shares of common stock on July 24, 2026. After this gift he directly holds 223,755 shares, plus indirect holdings via family trusts, a GRAT, and his spouse.
JPMorgan Chase Financial Company LLC updates the terms of its Uncapped Buffered Return Enhanced Notes linked to the lesser performing of the Dow Jones Industrial Average and the Invesco S&P 500 Equal Weight ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on June 27, 2030.
This amendment clarifies that the Strike Value for each underlying is the closing value on the Strike Date, specifically 51,666.84 for the Dow Jones Industrial Average and $208.89 for the Invesco S&P 500 Equal Weight ETF, and not their closing values on the pricing date. The notes are unsecured structured investments, are not bank deposits, and are not insured by the FDIC or any governmental agency.
JPMorgan Chase Financial Company LLC is offering Digital Barrier Notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 5, 2032 and are issued in minimum denominations of $1,000.
At maturity, if the Final Value of each Index is at least its Initial Value, investors receive $1,000 plus a fixed Contingent Digital Return of at least 83.20%. If either Index finishes below its Initial Value but both remain at or above a Barrier Amount of 75.00% of Initial Value, principal is returned. If the Final Value of either Index is below its Barrier Amount, repayment is reduced by the Lesser Performing Index Return, potentially to zero.
The notes pay no interest, provide no dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is $981.00 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000. Secondary market liquidity is not assured and any sale before maturity may result in a substantial loss.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Digital Buffered Notes linked to the S&P 500 Index. For each $1,000 note, if the S&P 500 ending level is at or above the initial level, or down by up to the 15.00% Buffer Amount, investors receive a fixed Contingent Digital Return of at least 8.02%, for a payment of $1,080.20 assuming an 8.02% rate.
If the index falls by more than 15.00%, repayment of principal decreases at a Downside Leverage Factor of 1.17647, so losses exceed index losses beyond the buffer and can reach 100% of principal. The hypothetical estimated value is $987.90 per $1,000, and will not be less than $970.00 per $1,000 when set, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes price on or about July 31, 2026, are expected to settle on or about August 5, 2026, value the index on August 13, 2027, and mature on August 18, 2027. The product entails market risk, limited upside, potential loss of principal and tax complexity, including treatment as an open transaction and potential implications of Section 871(m) for non‑U.S. holders.