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. The notes are unsecured, unsubordinated obligations with minimum denominations of $10,000 and multiples of $1,000.
The notes may be automatically called on February 23, 2027 if the S&P 500 closing level is at or above the Index Strike Level of 6,941.81, paying $1,000 plus a 10.17% call premium per note. If not called and held to the February 15, 2028 maturity, investors receive 1.5x any positive index return without a cap.
A 20% contingent buffer protects principal if the index falls by up to 20% from the strike; below that, losses are 1% of principal for each additional 1% decline, up to total loss. The price to public is $1,000 per note, including $15 in fees, while the estimated value is $979.80. Investors forgo interest and index dividends and face credit, market, liquidity, reinvestment, valuation and tax risks.
JPMorgan Chase Financial Company LLC is offering unsecured, capped notes linked to the common stock of Tesla, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run from an expected issue date around February 25, 2026 to maturity on February 25, 2031.
Investors receive 100% participation in Tesla’s price gains between the initial and final valuation dates, but upside is capped through a maximum additional amount of at least $1,060 per $1,000 note, producing a maximum hypothetical payment of $2,060. If Tesla ends at or below the initial level, the payout is $1,000 plus stock return, with a minimum of $950 per $1,000, so up to 10% of principal is at risk.
The notes pay no interest, pass through no Tesla dividends, and are not bank deposits or FDIC insured. An indicative estimated value is about $973.40 per $1,000 today, and will not be less than $940 per $1,000 at pricing, reflecting embedded fees, hedging costs and JPMorgan’s internal funding rate.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing capped buffered enhanced participation equity notes linked to the MSCI EAFE Index, maturing on April 7, 2028. Each note has a $1,000 principal amount and pays no interest.
At maturity, investors get 1.60x any index gain, capped at a maximum settlement amount expected between $1,252.96 and $1,297.60 per $1,000 note. A 15% buffer protects against moderate index declines, but beyond that losses are magnified by about 1.1765x and principal can be fully lost.
The original issue price is 100% of principal with no underwriting commission; estimated value is expected between $979.10 and $989.10 per $1,000. The notes will not be listed, are subject to JPMorgan credit risk, and face complex, uncertain U.S. tax treatment.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $500,000 of Capped Accelerated Barrier Notes linked to Amazon.com, Inc. common stock, maturing April 15, 2027. The notes offer 1.80x upside exposure, capped at a 38.60% maximum return ($1,386 per $1,000 note).
The Strike Value is $206.96, with a Barrier Amount at 80% of the Strike Value. If the final stock price is at or above the Barrier Amount, investors receive at least their principal; if it falls below, losses match the stock decline and can reach 100% of principal.
The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to the public is $1,000 per note, while the estimated value at issuance is $989.50, reflecting embedded structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $1,794,000 of Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 16, 2028 and are issued in $1,000 minimums.
At maturity, investors get 1.225x any positive index return, or a positive return equal to the absolute value of losses up to a 15% decline, capping gains at 15% when the index is down. Beyond a 15% decline, principal losses increase 1:1, up to 85% of principal.
The notes pay no interest, are unsecured and unsubordinated, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, while the estimated value at pricing was $984.90, reflecting embedded fees, commissions and hedging costs, and secondary market liquidity may be limited.
JPMorgan Chase Financial Company LLC is offering $936,000 of Uncapped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Dow Jones Industrial Average® and the Nasdaq-100 Index®, maturing on February 15, 2029 and guaranteed by JPMorgan Chase & Co.
The notes provide 1.2425 times any appreciation of the lesser performing index at maturity, with no upside cap. If the lesser index is flat or down by up to the 15.00% buffer, investors receive a positive return equal to the absolute decline. If the lesser index falls by more than 15.00%, principal is reduced 1% for each percentage point beyond the buffer, up to an 85.00% loss.
The notes pay no interest or dividends, are unsecured and unsubordinated, and will not be listed on an exchange, so liquidity may be limited. The price to public is $1,000 per note, while the estimated value at pricing is $977.50, reflecting selling commissions, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $8,196,000 of Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and return at maturity depend entirely on the index. If the index rises, investors receive 1.65 times the index gain, with no upside cap. If the index is flat or down by up to 10%, investors receive the absolute value of that move as a positive return, up to a 10% gain. If the index falls by more than 10%, principal is reduced 1% for each additional 1% decline, so losses can reach 90% of principal. The notes are unsecured, will not be listed, have an estimated value of $982.50 per $1,000 at pricing, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $5,730,000 of Capped Buffered Return Enhanced Notes linked to the Dow Jones Industrial Average and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on February 14, 2031.
At maturity, investors receive 1.0155 times any gain of the lesser-performing index, capped at a 100% maximum return, or $2,000 per $1,000 note. A 25% downside buffer applies; beyond that, investors lose 1% of principal for each additional 1% drop in the lesser index, up to a 75% maximum loss.
The notes pay no interest, offer no dividends, are unsecured, and are subject to the credit risk of both issuers. The price to public is $1,000 per note, including $41.25 in selling commissions, versus an estimated value of $946.10, highlighting embedded costs and potential secondary-market discounts.
JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the common stock of NVIDIA Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a minimum denomination of $1,000 and are unsecured, unsubordinated obligations subject to the issuers’ credit risk.
The notes may be automatically called on February 25, 2027 if NVIDIA’s share price is at or above the Call Value, paying $1,000 plus at least $193 per note, with no further payments. If not called and NVIDIA rises, investors receive 2.00 times the stock’s positive return at maturity. A 15.00% downside buffer applies, but if NVIDIA falls by more than this, investors can lose up to 85.00% of principal.
The preliminary estimated value is about $975.80 per $1,000 note and will not be less than $950.00 when finalized, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes pay no interest or dividends, will not be listed on an exchange, and secondary market prices are expected to be below the issue price.
JPMorgan Chase Financial Company LLC is offering $1,536,000 of Uncapped Buffered Return Enhanced Notes linked to the lesser performing of the Nasdaq-100 Index® and the S&P 500® Index, maturing on February 15, 2029, and fully guaranteed by JPMorgan Chase & Co.
At maturity, investors earn 1.02 times any positive return of the lesser performing index. A 20% downside buffer protects principal against moderate declines, but if either index falls by more than 20%, principal is reduced 1% for each additional 1% drop, up to an 80% loss.
The notes pay no interest or dividends, are unsecured and unsubordinated, and will not be listed on an exchange, so liquidity depends on J.P. Morgan Securities’ willingness to make a market. They are sold in $1,000 denominations at $1,000 per note, with an estimated value of $983.30 reflecting embedded fees and hedging costs.