JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the lesser performing of the VanEck® Semiconductor ETF (SMH) and the State Street® Utilities Select Sector SPDR® ETF (XLU). The notes pay a 12.60% per annum contingent rate (at least) when both Funds meet a 75.00% Interest Barrier on Review Dates. Pricing is expected on or about February 23, 2026 with settlement on or about February 26, 2026 and maturity on February 28, 2029. The notes are automatically callable beginning August 24, 2026 if both Funds close at or above their Initial Values on a qualifying Review Date. Investors face credit exposure to JPMorgan Financial and JPMorgan Chase & Co., potential loss of up to 75.00% of principal at maturity, no guaranteed interest, limited liquidity, and no dividends or rights in the Funds.
JPMorgan Chase Financial Company LLC offers auto-callable contingent interest notes linked to the lesser performing of the iShares® Bitcoin Trust ETF (IBIT) and the iShares® Ethereum Trust ETF (ETHA). The notes price on or about February 26, 2026 and settle on or about March 3, 2026, with maturity on March 3, 2031.
Key mechanics: an Interest Barrier of 60.00% and a Buffer Amount of 40.00%; a Call Value of 85.00%; a Contingent Interest Rate of at least 15.00% per annum (at least 1.25% per month). The notes may be automatically called beginning February 26, 2027. Minimum denomination is $1,000. Estimated value at pricing is approximately $940.00 per $1,000, and the estimated value will not be less than $900.00 per $1,000.
The notes expose holders to cryptocurrency-linked volatility, counterparty credit risk of JPMorgan Financial and JPMorgan Chase & Co., limited liquidity, and the potential to lose up to 60.00% of principal if the Lesser Performing Fund Return falls sufficiently below its Initial Value.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the lesser performing of the iShares Bitcoin Trust ETF and the iShares Ethereum Trust ETF. The notes are expected to price on or about February 26, 2026, settle on or about March 3, 2026 and mature on March 3, 2031.
The notes pay a Contingent Interest Payment only on Review Dates when both Funds meet an Interest Barrier of 60.00% of initial value, with a Contingent Interest Rate of at least 13.00% per annum. They are automatically called if both Funds meet a Call Value of 85.00% on eligible Review Dates (earliest automatic call: February 26, 2027). At maturity, if the Final Value of the lesser performing Fund is below the Buffer Threshold of 60.00%, principal can be reduced by up to 60.00%. Minimum denomination is $1,000. The estimated value at pricing is approximately $930.00 per $1,000 note (will not be less than $900.00).
JPMorgan Chase Financial Company LLC offers capped, buffered equity notes linked to the Russell 2000® Index due June 2, 2027. The notes have a $1,000 principal amount per note, an expected pricing date of February 27, 2026 and expected settlement on March 4, 2026. The structure provides capped upside (a Maximum Upside Return of at least 13.75%) and a downside buffer of 15.00%; investors may lose up to 85.00% of principal at maturity. The estimated value shown is approximately $986.60 per $1,000 note and will not be less than $900.00 per $1,000 note when terms are set. Payments are subject to the credit risk of JPMorgan Chase Financial and the guarantor, JPMorgan Chase & Co.
JPMorgan Financial is offering fixed-to-floating rate notes linked to the Consumer Price Index that mature on February 27, 2031. The notes pay a 4.00% initial interest rate for the initial period ending February 27, 2027, and thereafter pay a rate equal to the year‑over‑year CPI Rate plus a 1.20% spread, subject to a 0.00% minimum. The notes price on February 25, 2026 with an original issue date/settlement of February 27, 2026, and have a principal amount of $1,000 per note. The pricing supplement discloses CUSIP 48136JK37, secondary‑market and tax risks, and that final tax treatment (Single Rate VRDI or CPDI) will be determined and disclosed in the final pricing supplement.
JPMorgan Chase Financial Company LLC is offering auto-callable review notes linked to the MerQube US Tech+ Vol Advantage Index. The notes have a minimum denomination of $1,000, a Pricing Date of February 27, 2026, and a Maturity Date of March 3, 2033.
The Index level reflects a 6.0% per annum daily deduction and a daily notional financing cost; the notes include a 60.00% Barrier Amount and an automatic call feature with a Call Value of 100.00% of the Initial Value. The Call Premium Rate will be set on the Pricing Date and will be no less than 22.00%. The issuer estimates the notes' value will be at least $900.00 per $1,000 principal amount when terms are set.
JPMorgan Chase Financial Company LLC is offering structured, callable review notes linked to the MerQube US Tech+ Vol Advantage Index with an expected pricing date of February 27, 2026, settlement on or about March 4, 2026, and maturity on March 3, 2033.
The notes have $1,000 minimum denominations, an automatic call feature beginning on February 29, 2028, a Call Value of 100.00% and a Barrier Amount equal to 60.00% of the Initial Value. The Index level reflects a 6.0% per annum daily deduction and a notional financing cost, which the pricing supplement states will materially drag index performance and may reduce returns; estimated value per note is approximately $925.50 and will not be less than $900.00.
JPMorgan Chase Financial Company LLC is offering Trigger GEARS — 10-year structured notes due February 25, 2036 — with returns linked to the lesser performing of the Nasdaq-100 and Russell 2000. The Upside Gearing will be set on the Trade Date and is expected to be between 1.30 and 1.50. Each Underlying has a Downside Threshold equal to 75% of its Initial Value. The securities are sold at $10.00 per note (minimum purchase $1,000), with selling commissions up to $0.50 per $10.00 note. The estimated value at pricing is approximately $8.844 per $10, and will not be less than $8.70 per $10. Payments at maturity depend on the Lesser Performing Underlying Return: if both Underlying Returns are positive, payment = $10.00 + ($10.00 × Lesser Performing Underlying Return × Upside Gearing); if either final value is below its Downside Threshold, repayment declines proportionately and investors can lose a significant portion or all principal. The securities are senior unsecured obligations of JPMorgan Chase Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC offers capped buffered enhanced participation basket-linked medium-term notes due January 21, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a principal amount of $1,000, does not bear interest and links payout to an unequally weighted basket of five indices.
Key terms disclosed: trade date on or about February 19, 2026, original issue date on or about February 24, 2026, buffer at 15.00%, upside participation rate of 2.30, and an expected maximum settlement amount between $1,232.99 and $1,273.93. The estimated value at pricing is expected between $979.80 and $989.80 per $1,000 note. Payments are subject to issuer and guarantor credit risk; notes are not listed, bear no interest and may result in partial or total loss of principal.
JPMorgan Chase Financial Company LLC proposes to issue auto-callable contingent interest notes linked to the least performing of Palantir (PLTR), Oracle (ORCL) and Microsoft (MSFT), with a $1,000 original issue price per note, expected pricing on or about February 19, 2026 and settlement on or about February 24, 2026.
The notes pay contingent monthly interest if each Reference Stock closes at or above an Interest Barrier equal to 70.00% of its Strike Value; the Contingent Interest Rate will be at least 29.65% per annum. An automatic call can first occur on February 16, 2027. At maturity on February 16, 2029, principal repayment depends on the Least Performing Reference Stock versus a Buffer Threshold of 80.00% (Buffer Amount 20.00%), exposing investors to up to 80.00% principal loss. The estimated value at issuance is approximately $971.60 per $1,000 note (minimum provided $940.00), and selling commissions will not exceed $6.00 per $1,000 note.