JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The total offering is $250,000 in notes, in minimum denominations of $1,000, maturing on July 23, 2027.
The notes pay a Contingent Interest Rate of 10.10% per annum (0.84167% per month) only for Review Dates when each index closes at or above its Interest Barrier of 70.00% of its Initial Value. Beginning with the October 20, 2026 Review Date, the notes are automatically called if each index is at or above its Initial Value, returning $1,000 plus the applicable contingent interest.
If the notes are not called and, on the final Review Date, the Final Value of any index is below its Trigger Value (also 70.00% of Initial Value), principal is reduced 1% for each 1% decline of the Least Performing Index, down to a full loss. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, and may have limited or no secondary market liquidity.
JPMorgan Chase Financial Company LLC is offering $3,059,000 of auto callable contingent interest notes linked separately to the S&P 500 Index and the VanEck Semiconductor ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, priced on July 20, 2026 and maturing on January 25, 2028, pay a contingent interest rate of 19.00% per annum, credited monthly, but only for Review Dates when each underlying closes at or above its Interest Barrier of 70.00% of its Initial Value. Beginning October 20, 2026, the notes are automatically called if, on a Review Date (other than the first, second and final), each underlying is at or above its Initial Value, returning $1,000 principal plus the applicable contingent interest, with no further payments.
If the notes are not called, principal protection depends on a Trigger Value set at 50.00% of each Initial Value: at maturity, if each underlying is at or above its Trigger Value, investors receive full principal plus any final contingent interest; if either is below its Trigger Value, repayment is reduced one-for-one with the decline of the lesser performing underlying, potentially down to zero. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, and will not be listed, with secondary market prices expected to be below the $1,000 issue price. The estimated value was $960.70 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering Uncapped Dual Directional Digital Barrier Notes linked to the least performing of Invesco QQQ, Series 1 (QQQ), SPDR Dow Jones Industrial Average ETF Trust (DIA) and SPDR S&P 500 ETF Trust (SPY), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on July 24, 2031, have minimum denominations of $1,000, pay no interest or dividends, and expose holders to the credit risk of both the issuer and guarantor.
At maturity, if each fund’s final value is at least its strike, investors receive $1,000 plus the greater of the Contingent Digital Return of at least 64.00% or the return of the least performing fund. If any fund is below its strike but all are at or above 70.00% of strike (the Barrier Amount), investors receive $1,000 plus the absolute return of the least performing fund, capped at 30.00% (maximum $1,300). If any fund finishes below its barrier, repayment is $1,000 plus the least performing fund’s return, so losses exceed 30% and can reach 100% of principal.
The indicative estimated value is approximately $981.20 per $1,000 note and will not be less than $950.00 at pricing. The notes are not listed, may be accelerated if a fund is discontinued, and feature complex U.S. tax treatment, including potential application of constructive ownership rules.
JPMorgan Chase Financial Company LLC is offering $636,000 of Auto Callable Contingent Interest Notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 11.20% per annum, credited monthly only when the closing level of each index on a Review Date is at or above its Interest Barrier of 70.00% of Initial Value. The notes may be automatically called as early as July 20, 2027 if each index is at or above its Initial Value, in which case investors receive principal plus that period’s contingent interest and no further payments. If the notes are not called and any index finishes below its Trigger Value (also 70.00% of Initial Value) on the final Review Date, repayment of principal is reduced one-for-one with the decline of the least performing index, down to a total loss of principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured and may have limited or no secondary market liquidity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,562,000 of Auto Callable Barrier Notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing July 25, 2030, in $1,000 denominations.
The notes may be automatically called on Review Dates in 2027, 2028 or 2029 if each index is at or above its Call Value (100% of its Initial Value), paying back principal plus a call premium of 15%, 30% or 45% of principal, respectively. If not called, at maturity investors receive uncapped exposure to the Least Performing Index Return if all Final Values exceed Initial Values, principal back if every index stays at or above its 70% Barrier Amount, and a 1:1 loss with the least performing index if any index finishes below its barrier.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and may be illiquid. The price to public is $1,000 per note, including $37 in selling commissions; the issuer’s estimated value is $944.10 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering $550,000 of auto callable contingent interest notes linked to the common stock of Broadcom Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 20.60% per annum (5.15% per quarter) only when Broadcom’s share price on a Review Date is at or above an Interest Barrier set at 60.00% of the Initial Value. If this condition is met, any previously missed interest coupons are also paid.
The notes may be automatically called on any Review Date (other than the final one) when Broadcom’s closing price is at or above the Initial Value, returning $1,000 principal plus due and unpaid contingent interest, after which no further payments are made. If not called and the Final Value is below the Trigger Value (also 60.00% of the Initial Value), investors receive $1,000 plus $1,000 × Stock Return and can lose a significant portion or all principal.
The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on any exchange. The price to public is $1,000 per note, including $5 in selling commissions, while the estimated value at pricing was $976.10 per $1,000, reflecting embedded costs for selling, structuring and hedging. Secondary market prices are expected to be lower than the original issue price, and investors forgo Broadcom dividends and any direct participation in stock appreciation.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Oracle Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and matures on July 25, 2028. The notes may be automatically called as early as October 20, 2026 if Oracle’s closing price on a Review Date (other than the first, second and final) is at or above the Strike Value, in which case investors receive $1,000 plus the applicable Contingent Interest Payment and no further payments.
On any Review Date, a Contingent Interest Payment is made only if Oracle’s closing price is at or above the Interest Barrier, set at 50.00% of the Strike Value. If the notes are not called and the Final Value is below the Trigger Value (also 50.00% of the Strike Value), repayment of principal is reduced 1% for each 1% decline from the Strike Value, potentially down to zero. A hypothetical Contingent Interest Rate of 23.75% per annum (1.97917% per month) would produce up to $475.00 of total contingent interest per $1,000 note over 24 payments. The estimated value is indicated at about $960.00 today and will not be less than $940.00 per $1,000 at pricing, reflecting selling costs and internal funding assumptions. The notes are unsecured, not FDIC insured, will not be listed, and carry both market risk tied to Oracle stock and the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering market-linked, auto-callable notes due August 1, 2029, at $1,000 per security. The notes pay a contingent quarterly coupon of at least 16.00% per annum only if, on each calculation day, the lowest performing of Boeing, NVIDIA or Amazon stock closes at or above its threshold price, set at 60% of its starting price. Missed coupons can be paid later under a memory feature.
The notes are automatically called from January 2027 through April 2029 if the lowest performing stock is at or above its starting price, returning principal plus the applicable coupon(s). If not called, at maturity investors receive $1,000 per note only if the lowest performing stock is at or above its threshold; otherwise, repayment is reduced one-for-one with that stock’s loss, with potential loss of more than 40% and up to 100% of principal. The price to public is $1,000, including $23.25 in selling commissions, with estimated value around $947.40 per security.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes due February 5, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked individually to the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index, with payments based on the least performing index.
Investors may receive monthly Contingent Interest Payments only if on a Review Date the closing level of each index is at least 70% of its Initial Value, the Interest Barrier. The notes may be automatically called on specified Review Dates (starting February 1, 2027) if each index is at or above its Initial Value, returning $1,000 principal plus the applicable interest for that date.
If the notes are not called and any index finishes below its Trigger Value (also 70% of Initial Value) on the final Review Date, repayment of principal is reduced 1% for every 1% decline of the least performing index, potentially resulting in a significant or total loss of principal. The hypothetical Contingent Interest Rate is illustrated at 11.55% per annum. The estimated value is approximately $972.60 per $1,000 note if priced today and will not be less than $900 per $1,000 at pricing. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and are not bank deposits or FDIC insured.
JPMorgan Chase Financial Company LLC is offering Trigger Step Securities, unsecured notes linked to the lesser performing of the S&P 500® Equal Weight Index and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on or about July 23, 2031, with a stated term of 5 years and a minimum investment of $1,000 in $10 denominations.
If on the final valuation date each index is at or above its Step Barrier (100% of its Initial Value), investors receive back principal plus the greater of the Step Return (to be set between 68.50% and 69.50%) and the return of the lesser performing index. If either index finishes below its Step Barrier but both remain at or above the Downside Threshold (75% of Initial Value), only principal is repaid. If either index ends below its Downside Threshold, repayment is reduced in proportion to the negative return of the lesser performing index, exposing investors to a potential total loss of principal.
The issue price is $10.00 per Security, including up to $0.35 in selling commissions to UBS Financial Services Inc., leaving proceeds of $9.65 per Security to the issuer. The indicative estimated value is about $9.511 per $10 at pricing and will not be less than $9.20, reflecting embedded costs and internal funding and hedging assumptions. The notes pay no interest, provide no dividends, are not bank deposits or FDIC insured, and all payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.