JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, subject to completion dated February 6, 2026. The notes pay monthly contingent interest only if the Index closing level on each Interest Review Date is ≥ 70.00% of the Initial Value (the Interest Barrier) and may be automatically called on quarterly Autocall Review Dates if the Index is ≥ the Initial Value; the earliest autocall date is August 10, 2026.
The Index is reduced by a 6.0% per annum daily deduction, the Contingent Interest Rate will be at least 14.00% per annum, and the estimated value at pricing is approximately $901.60 per $1,000 note (minimum estimated value $900.00). The notes are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co.. Pricing is expected on or about February 10, 2026 with settlement on or about February 13, 2026.
JPMorgan Chase Financial Company LLC is offering $1,762,000 of Medium-Term Notes, Series A, "Digital Equity Notes" due April 7, 2027, linked to the S&P 500 Index and fully guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are held to maturity for a digital-style payoff. If the S&P 500 final level on the April 5, 2027 determination date is at least 90% of the initial level of 6,882.72, investors receive a fixed $1,107.50 per $1,000 note, capping upside at about 10.75%.
If the index falls more than 10%, principal loss is leveraged: for each 1% decline beyond the 10% buffer, the loss is about 1.1111% of principal, up to a total loss. The notes are unsecured obligations exposed to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, pay no dividends or voting rights, are not listed on any exchange, and have limited liquidity.
The estimated value at pricing was $996.20 per $1,000 note, lower than the issue price due to structuring and hedging costs. The tax treatment relies on treating the notes as open transactions and is described as uncertain, with potential for adverse future IRS guidance.
JPMorgan Chase Financial Company LLC is offering auto callable structured notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and is scheduled to mature on March 3, 2033.
The notes can be automatically called as early as March 2, 2027 if the Index closes at or above preset call levels, paying back $1,000 plus a call premium starting at at least 9.25% of principal and stepping up on later review dates. If never called and the Index ends above its initial level, investors receive uncapped upside at a 100% participation rate; if the Index is flat or down, they receive only principal at maturity.
The Index reflects a diversified, rules-based futures strategy across equities, bonds and commodities, reduced by a 1.00% per annum daily deduction$915.30 per $1,000 note and will not be less than $900.00 when finalized, below the price to public due to embedded costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered equity notes linked to the S&P 500 Index. The notes may be automatically called on the review date if the index closes at or above the strike level, paying $1,000 plus a call premium of at least 10.10% per note.
If not called, and the ending index level is at or above the strike, holders receive $1,000 plus the greater of the index return or a contingent minimum return of at least 20.20%. A 20.00% downside buffer applies, but if the index ends more than 20.00% below the strike, principal is reduced one-for-one with index losses and can be fully lost. The estimated value at launch is approximately $977.50 per $1,000 note, and will not be less than $960.00 when finalized.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $665,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000® Index, in $1,000 denominations, maturing on August 9, 2027 after an observation on August 4, 2027.
The notes offer 1.50x upside exposure to any index gain, capped at a maximum return of 25.70%, for a maximum payment of $1,257 per $1,000 note. A 10% downside buffer protects against moderate declines, but investors may lose up to 90% of principal if the index falls more than 10%. The initial index level was 2,624.546 on the pricing date. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both entities, are not FDIC insured, and are not exchange‑listed, so liquidity may be limited. The estimated value at pricing was $995.10 per $1,000 note, reflecting structuring and hedging costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Dual Directional Accelerated Barrier Notes linked to the lesser performer of the Nasdaq-100 Index® and the S&P 500® Index, maturing on February 15, 2029.
The notes provide at least 1.01x leveraged upside if both indices finish above their initial levels, and a positive, but capped, return equal to the absolute decline of the lesser index (up to 30%) if each index stays at or above 70% of its initial level. If either index closes below 70% of its initial value, investors lose principal one-for-one with the lesser index’s loss and can lose their entire investment.
The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Chase Financial, and are subject to the credit risk of both the issuer and guarantor. Minimum denomination is $1,000, with an indicative estimated value of about $977.80 per $1,000, and in any case not less than $900.00, reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase Financial Company LLC is offering structured notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination, pays no periodic interest and matures on March 2, 2028.
At maturity, investors receive full principal repayment plus an Additional Amount tied to any positive Index Return, multiplied by a participation rate of at least 205%. If the Index ends at or below its initial level, only the $1,000 principal is repaid, so there is no upside in a flat or negative scenario.
The index is a rules-based “excess return” multi-asset strategy with a 1.00% per annum daily deduction, dynamic rebalancing and potential long and short futures exposure across equities, bonds and commodities. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is approximately $966.50 per $1,000 note, and for tax purposes they are expected to be treated as contingent payment debt instruments with yearly original issue discount accrual.
JPMorgan Chase Financial Company LLC is offering structured Capped Dual Directional Buffered Return Enhanced Notes linked to the lesser performer of the iShares MSCI EAFE ETF and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide 1.50x leveraged upside on the lesser performing underlying, capped at a Maximum Upside Return of at least 21.75%, and a positive return equal to the absolute value of declines up to a 10% buffer. If the lesser performer falls more than 10%, principal losses match the decline beyond that buffer, up to a 90% loss at maturity.
The notes pay no interest or dividends, are unsecured and unsubordinated, and expose holders to the credit risk of both issuers. A hypothetical estimated value is $982.90 per $1,000 note, and the final estimated value will not be less than $900 per $1,000 principal amount.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured notes linked to the J.P. Morgan Multi-Asset Index, maturing in March 2029. The notes return full principal at maturity, subject to issuer and guarantor credit risk, plus an Additional Amount tied to index performance.
Investors receive no periodic interest and forgo dividends on underlying assets. Any upside is amplified by a participation rate of at least 305%, applied to the index return after a 1.00% per annum daily deduction embedded in the index. A hypothetical 10% index gain would generate about a 30.5% note return.
The minimum denomination is $1,000. If priced on the reference date, the estimated value would be about $954.50 per $1,000, and will not be less than $900. The notes are treated as contingent payment debt instruments for U.S. federal income tax purposes, requiring accrual of original issue discount before maturity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered return enhanced notes linked to the EURO STOXX 50® Index.
The notes may be automatically called on February 19, 2027 if the Index closes at or above the initial level, paying $1,000 plus a call premium of at least 15.00% per note on February 24, 2027. If not called, at maturity in February 2028 investors receive uncapped leveraged upside of at least 1.50x any positive Index return.
If the Ending Index Level is at or above the Initial Index Level, or down by up to the 20.00% contingent buffer, principal is returned. Below that buffer, losses match the Index decline, up to a complete loss of principal. The notes pay no interest or dividends, are unsecured, not FDIC insured, and are not exchange-listed. The preliminary estimated value is indicated around $970–$980 per $1,000, reflecting embedded costs and hedging.