JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the Class A common stock of Meta Platforms, Inc. The notes provide at least 1.25x leveraged upside exposure if held to maturity, with a 10.00% downside buffer and a 1.11111 downside leverage factor beyond that.
The notes may be automatically called on February 25, 2027 if Meta’s share price is at or above the $649.81 Stock Strike Price, paying $1,000 plus a call premium of at least 24.12% per note. If not called, investors receive leveraged gains when the Final Stock Price is above the strike, principal back when it is up to 10.00% below, and increasing losses beyond that, potentially losing all principal. The minimum denomination is $10,000, they pay no interest or dividends, and are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The indicative estimated value is approximately $976.30 per $1,000 principal amount, and will not be less than $960.00 when finalized.
JPMorgan Chase Financial Company LLC is offering $750,000 of auto callable yield notes linked to the least performing of Apple, Meta and NVIDIA, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay 14.25% per annum, via monthly coupons of $11.875 per $1,000, as long as they remain outstanding.
The notes may be automatically called beginning February 8, 2027 if each stock closes at or above its strike value on a review date, returning $1,000 plus the monthly interest. If not called and any stock finishes below 60% of its strike on the final review date, repayment of principal is reduced in line with the worst-performing stock, and investors can lose most or all of their investment. The notes are unsecured, not FDIC insured, and the estimated value is $974.80 per $1,000, below the $1,000 issue price, with limited expected liquidity and extensive risk disclosures.
JPMorgan Chase & Co. is offering $2,000,000 of callable fixed-rate notes maturing on February 13, 2036. The notes pay 5.10% per annum, with interest paid annually on February 13, starting in 2027, using a 30/360 day-count convention.
JPMorgan may redeem the notes at par plus accrued interest on February 13 and August 13 each year from 2028 through 2035. The public offering price is $1,000 per note, with expected issuer proceeds of $1,992,000. The notes are unsecured, not FDIC insured, and in a resolution scenario, holders rank behind creditors of JPMorgan’s subsidiaries.
JPMorgan Chase & Co. is offering $15,000,000 of callable fixed rate notes due February 13, 2036. The notes pay 5.00% per annum, with interest paid annually on February 13, starting in 2027, based on a 30/360 day count convention.
Beginning February 13, 2028, and on each February 13 and August 13 through 2035, JPMorgan may redeem all (but not part) of the notes at par plus accrued interest. If not called, investors receive principal plus accrued interest at maturity.
The notes are unsecured obligations of JPMorgan Chase & Co., structurally junior to liabilities of its subsidiaries and not insured by the FDIC. Under the firm’s preferred "single point of entry" resolution strategy, losses in a failure scenario would be borne by equity holders and then unsecured creditors, including holders of these notes.
The price to the public is $1,000 per note, with total proceeds of $14,884,500 to the issuer and selling commissions of $7.694 per $1,000 note. Certain institutional and fee-based accounts may pay $999 per $1,000 note with reduced or waived selling commissions. Special tax counsel expects the notes to be treated as fixed-rate debt instruments for U.S. federal income tax purposes.
JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the TOPIX® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price around February 19, 2026 and mature on February 24, 2028, with a minimum denomination of $1,000.
On the February 25, 2027 review date, if the Index is at or above a call value, the notes are automatically called and pay $1,000 plus a call premium of at least $123.50 per note. If not called and held to maturity, investors receive 1.25 times any positive Index return, full principal back if the Index decline is within a 15% buffer, and a proportional loss beyond that buffer, up to 85% of principal.
The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The indicative estimated value is about $976.90 per $1,000 note and will not be less than $950.00, reflecting embedded costs, hedging assumptions and an internal funding rate. The filing highlights significant risks, including potential illiquidity, issuer credit risk, complex tax treatment and exposure to non-U.S. equity and Japanese market conditions through TOPIX.
JPMorgan Chase Financial Company LLC is issuing $500,000 of auto callable accelerated barrier notes linked to the common stock of Blackstone Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a minimum denomination of $1,000 and an expected settlement date of February 17, 2026.
The notes may be automatically called on February 17, 2027 if Blackstone’s share price is at or above 90% of its initial value, paying $1,000 plus a $210 call premium per $1,000 note. If not called and the final stock price on February 12, 2029 exceeds the initial value of $133.47, investors receive an uncapped payoff equal to 2.0 times the stock’s positive return at maturity on February 15, 2029.
If the notes are not called and the final price is at or above 60% of the initial value, principal is returned. If the final price is below this 60% barrier, repayment is reduced one-for-one with the stock loss, and all principal can be lost. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, and will not be listed. The estimated value at pricing was $984.20 per $1,000, below the issue price because it includes structuring fees, hedging costs and dealer profits.
JPMorgan Chase Financial Company LLC is issuing $714,000 of auto callable contingent interest notes linked individually to the Nasdaq-100® Technology Sector, the Russell 2000® 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 an annual rate of 8.60% (0.71667% per month) only if, on a Review Date, the closing value of each underlying is at or above 70% of its Initial Value, which is the Interest Barrier. Starting August 11, 2026, the notes are automatically called if, on certain Review Dates, each underlying is at or above its Initial Value, returning $1,000 per note plus the relevant contingent interest.
If the notes are not called and, on the final Review Date, the Final Value of any underlying is below its Trigger Value (also 70% of Initial Value), repayment of principal is reduced one-for-one with the decline of the least performing underlying, and investors can lose most or all of their principal. The price to public is $1,000 per note, with estimated value at issuance of $946.50, reflecting embedded costs, fees and hedging. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., pay no fixed interest or dividends, are not FDIC insured and are expected to be illiquid.
JPMorgan Chase Financial Company LLC is offering $2,338,000 of auto-callable review notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on February 14, 2031 and fully guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 denominations at $1,000 per note, with an estimated value of $909.50.
The notes can be automatically called on scheduled Review Dates starting February 16, 2027 if the Index is at or above its Initial Value, paying $1,000 plus a fixed premium of up to 115% of principal by the final Review Date. They offer a 15% downside buffer at maturity, but holders can lose up to 85% of principal. The Index embeds a 6.0% per annum daily deduction and a notional financing cost on its QQQ-based exposure, which drag on performance.
JPMorgan Chase Financial Company LLC is offering $1,092,000 of auto callable contingent interest notes due January 14, 2028, linked to the least performing of the S&P 500 Index, the State Street Technology Select Sector SPDR ETF and the VanEck Gold Miners ETF.
The notes pay a contingent monthly coupon at a rate of 12.85% per annum only when the closing value of each underlying on a review date is at least 60% of its initial value. Starting May 11, 2026, the notes are automatically called if each underlying is at or above its initial value, returning $1,000 per note plus that period’s interest.
If the notes are not called and, at maturity, any underlying finishes below 60% of its initial value, repayment of principal is reduced one-for-one with the decline of the worst performer, and investors can lose all of their investment. The notes are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and the estimated value at pricing was $950.20 per $1,000 note, below the $1,000 price to the public.
JPMorgan Chase Financial Company LLC is offering $3,084,000 of auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 9.50% per annum (0.79167% monthly) only when the Index is at or above 70% of its initial value on a review date, with missed coupons potentially paid later if the condition is later met. The notes may be automatically called starting February 11, 2027 if the Index is at or above its initial value, returning $1,000 per note plus due interest.
If the notes are not called and the final Index level falls below 85% of the initial value, investors lose 1% of principal for each 1% decline beyond this buffer, up to an 85% loss. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. The notes are unsecured, not FDIC insured, and have an estimated value of $912.30 per $1,000 at pricing.