JPMorgan Chase & Co. is issuing $9,200,000 of capped floating rate notes maturing on February 8, 2041. Each $1,000 note pays back principal at maturity plus any accrued but unpaid interest.
Interest is paid quarterly on February 9, May 9, August 9 and November 9, starting May 9, 2026. The annual interest rate for each period equals the Benchmark Rate (initially Compounded SOFR) plus 1.33%, with a minimum of 0.00% and a maximum of 6.50%.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not FDIC insured. In a stress or resolution scenario, holders rank behind creditors of JPMorgan’s subsidiaries. For U.S. tax purposes, the notes are treated as variable rate debt, with interest generally taxed as ordinary income.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering return enhanced notes linked to the Nasdaq-100 Futures Excess Return Index. The notes provide at least 3.15x any positive index performance at maturity but expose investors to full downside.
The strike level is 669.6414, set on February 6, 2026, with a valuation date in February 2036 and maturity in February 2036. If priced on the described terms, the estimated value would be about $974.40 per $1,000 note, and will not be less than $960.00 per $1,000 when finally set.
JPMorgan Chase Financial Company LLC priced a offering of Capped Barrier Notes linked to the SPDR® Gold Trust (GLD), with terms set in a pricing supplement dated February 2026. The notes have a Maximum Return of at least 43.60%, a Strike Value of $441.88 (Strike Date: February 5, 2026) and a Barrier Amount equal to 70.00% of the Strike Value ($309.316).
The notes are expected to price on or about February 9, 2026, settle on or about February 11, 2026, observe closing price on February 7, 2028 and mature on February 10, 2028. The estimated value at issuance is ~$970.00 per $1,000 note (will not be less than $950.00), selling commissions may be up to $20.00 per $1,000 note, and the notes are unsecured obligations guaranteed by JPMorgan Chase & Co..
JPMorgan Chase Financial Company LLC is offering $832,000 of Uncapped Buffered Return Enhanced Notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes run to February 10, 2028, provide 1.13415x leveraged upside on index gains, and include a 15% buffer against moderate losses. If the index falls more than 15%, principal is reduced one-for-one, with up to 85% loss of principal possible at maturity. The notes pay no interest or dividends, are unsecured obligations exposed to the credit risk of both issuers, and were priced at $1,000 with an estimated value of $980.90 per $1,000.
JPMorgan Chase Financial Company LLC is offering index-linked Review Notes due February 19, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are tied separately to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, with automatic call features on annual Review Dates.
If on any Review Date each index is at or above 100% of its initial level, the notes are automatically called at $1,000 plus a call premium starting at at least 10.55% and rising to at least 52.75% by the final Review Date. A 20% downside buffer applies at maturity, but if the least performing index falls by more than 20%, investors lose 1% of principal for each 1% drop beyond the buffer, up to 80% loss.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., will not be listed on any exchange and may have limited or no secondary market liquidity. The preliminary estimated value would be about $963.40 per $1,000 principal amount, and will not be less than $900.00 when set, reflecting embedded costs and internal funding assumptions.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes due February 15, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay monthly contingent interest only if each of the S&P 500® Index, State Street® Energy Select Sector SPDR® ETF and EURO STOXX 50® Index closes at or above an 80% barrier.
The notes may be automatically called as early as February 12, 2027 if each underlying is at or above its initial value on certain review dates, returning principal plus any due interest. If not called and any underlying finishes below a 60% trigger, investors lose principal in proportion to the decline, up to total loss. A hypothetical contingent rate of 10.25% per annum is shown, with the actual rate at least that level, and the estimated value is currently about $968.40 per $1,000 note, not less than $930. The investment is unsecured and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering auto callable accelerated barrier notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on February 18, 2027 if each index closes at or above its Call Value, paying $1,000 plus a Call Premium Amount of at least $120 per note.
If not called and each index finishes above its initial level at maturity in 2031, holders receive $1,000 plus 2.228 times the gain of the least performing index. If any index finishes between its initial level and a 70% barrier, principal is returned. If any index closes below the barrier, repayment is reduced one-for-one with the decline of the least performing index, potentially to zero.
Investors forgo interest and dividends and face credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is about $944.30 per $1,000 note, and will not be less than $900 when finalized, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, not bank deposits and will not be listed, so liquidity may be limited.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering $1,125,000 of Auto Callable Contingent Interest Notes linked to the worst-performing of Centene, Invesco and Coinbase Class A shares, due February 10, 2028.
The notes pay a 26.75% per annum contingent interest (6.6875% quarterly) only if on a Review Date each stock closes at or above 60% of its Initial Value; missed coupons can be paid later if conditions are met. The notes are automatically called, starting August 5, 2026, if each stock is at or above its Initial Value, returning principal plus due and unpaid contingent interest.
If the notes are not called and any stock finishes below 60% of its Initial Value at maturity, repayment is reduced one-for-one with the worst stock’s loss, leading to losses over 40% and potentially a total loss of principal. The price to public is $1,000 per note, with selling fees of $40 and issuer proceeds of $960 per note; the estimated value at pricing was $914.80, reflecting embedded costs and JPMorgan’s internal funding and hedging assumptions. Payments are unsecured and subject to the credit risk of both the issuer and guarantor.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing in 2031. Investors receive monthly contingent interest only when the Index is at or above 75% of its initial level, and the notes can be automatically called starting in 2027 if the Index reaches a preset call level.
The notes expose holders to up to a 70% loss of principal if the Index finishes below a 70% buffer threshold at maturity and may pay no interest over their life. The Index itself includes a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. Denominations are $1,000, with an estimated value of about $905 per $1,000 note and not less than $900, reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC is offering callable contingent interest notes due August 17, 2027, fully guaranteed by JPMorgan Chase & Co. The notes are 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.
Investors receive monthly Contingent Interest Payments only when the closing value of each underlying is at or above 60% of its Initial Value, with a minimum Contingent Interest Rate of 14.65% per annum (about 1% per month). The issuer can redeem the notes early on specified dates starting May 15, 2026. If held to maturity and any underlying finishes below its 60% Trigger Value, repayment of principal is reduced in line with the loss on the worst performer, potentially to zero. The preliminary estimated value is approximately $967.50 per $1,000 note, and the notes are unsecured, not FDIC insured, and subject to JPMorgan credit risk.