JPMorgan Chase Financial Company LLC is offering Contingent Income Auto-Callable Securities due February 16, 2029, linked to the common stock of Occidental Petroleum Corporation. Each security has a $1,000 stated principal amount and is fully and unconditionally guaranteed by JPMorgan Chase & Co.
Investors may receive a contingent quarterly payment of at least $26.50 per security (at least 2.65% of principal) on each determination date when OXY’s closing price is at or above 65% of the initial stock price, the downside threshold level. If OXY closes below that level on a determination date, no coupon is paid for that quarter.
If on any non-final determination date OXY’s closing price is at or above the initial stock price, the notes are automatically redeemed for $1,000 plus the applicable contingent payment, and no further coupons are paid. If not redeemed early and the final stock price is at or above the downside threshold, investors receive $1,000 plus the final contingent coupon at maturity.
If the notes are not called and the final stock price is below the downside threshold, the maturity payment equals $1,000 multiplied by the stock performance factor (final price divided by initial price), resulting in a loss of principal that can be total. The preliminary estimated value is about $960.70 per $1,000, and will not be less than $940.00 on the pricing date. The securities will not be listed on an exchange, do not pay regular interest, and do not pass through OXY dividends. U.S. tax disclosure indicates they are expected to be treated as prepaid forward contracts with associated contingent coupons.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may pay a contingent interest rate of at least 11.00% per annum when, on a Review Date, each index closes at or above 70.00% of its Initial Value. They are automatically called if, on specified Review Dates starting May 13, 2026, each index is at or above its Initial Value.
If the notes are not called and the least performing index finishes below its Trigger Value, investors lose 1% of principal for each 1% decline, potentially up to a total loss. An example shows a 40.00% index decline leading to a $600.00 repayment per $1,000 note.
The notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor, pay no dividends, are not exchange-listed and may have limited liquidity. The indicative estimated value is approximately $977.10 per $1,000 note and will not be less than $900.00, reflecting embedded costs and internal funding assumptions. U.S. tax treatment is based on a prepaid forward with contingent coupons and remains subject to future IRS guidance, with separate considerations and potential withholding for non-U.S. holders.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 12, 2027 and are issued in $1,000 minimum denominations.
Investors can receive a contingent monthly interest payment if on a Review Date each index closes at or above 70% of its initial level, with the rate to be at least 6.80% per annum. The notes may be automatically called as early as May 11, 2026 if each index is at or above its initial value, returning principal plus the applicable interest.
If the notes are not called and any index finishes below 70% of its initial level at maturity, principal is reduced 1% for each 1% index loss, potentially down to zero. The indicative estimated value is about $962.60 per $1,000 at pricing, reflecting embedded costs. The notes are unsecured, not FDIC insured, may be illiquid, and have complex U.S. tax and withholding implications, particularly for non-U.S. holders.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $1,740,000 of Uncapped Accelerated Barrier Notes linked to the S&P 500 Futures Excess Return Index, maturing in February 2034.
The notes offer 2.865x leveraged upside on any positive index performance at maturity, with no cap. If the final index level is at or above 70% of the initial level, investors receive full principal back. If it falls below 70%, principal loss matches the full index decline from the initial level, down to a total loss.
The notes pay no interest, are unsecured, not FDIC insured, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, while the issuer’s estimated value is $987.50, reflecting embedded selling, structuring and hedging costs. Liquidity may be limited because the notes will not be listed, and any secondary prices are expected to be below the original issue price.
JPMorgan Chase Financial Company LLC is offering $755,000 of Auto Callable Contingent Interest Notes linked to the Class A subordinate voting shares of Shopify Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a 13.00% per annum contingent interest rate (3.25% per quarter), or $32.50 per $1,000 note, only when Shopify’s closing share price on a Review Date is at or above the Interest Barrier of 50.00% of the Strike Value, which is $71.82. Missed interest can be paid later if the barrier is met on subsequent Review Dates.
The notes may be automatically called as early as April 29, 2026 if Shopify’s share price on a non-final Review Date is at or above the Strike Value of $143.64, returning $1,000 plus current and any unpaid contingent interest. If not called, and the Final Value on the January 29, 2029 final Review Date is below the Trigger Value (also 50.00% of the Strike Value), principal is reduced one-for-one with the stock loss, so investors can lose more than 50% and up to all of their principal.
Each note has a $1,000 price to the public, including $28.50 in selling commissions and other costs, leaving $971.50 in proceeds to the issuer. The total deal size is $755,000, with $733,482.50 in proceeds to the issuer, and the estimated value at pricing was $930.00 per $1,000 note. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., offer no dividends or voting rights in Shopify, and are expected to settle on or about February 9, 2026 with a scheduled maturity on February 1, 2029.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing in February 2033. Investors receive monthly contingent interest only when the Index is at or above 70% of its Initial Value, and the notes are automatically called quarterly if the Index is at or above the Initial Value, with the earliest call in August 2026. If the notes are not called and the Index ends below a 50% Trigger Value, principal is reduced one-for-one with the Index loss, potentially to zero. The Index embeds a 6.0% per annum daily deduction and can use up to 500% futures leverage, which can significantly drag performance. The indicative Contingent Interest Rate is at least 17.85% per year, but the estimated value is about $924 per $1,000 note due to fees, hedging costs and the issuer’s internal funding rate.
JPMorgan Chase Financial Company LLC is offering $943,000 of auto callable contingent interest notes linked individually to the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector and the Russell 2000 Index, fully guaranteed by JPMorgan Chase & Co., maturing January 7, 2028.
The notes pay a contingent coupon at a 7.00% annual rate (0.58333% monthly) only when each index is at or above 70% of its initial level on a review date, and may be automatically called as early as May 4, 2026 if each index is at or above its initial level. If not called and any index finishes below 70% of its initial level at maturity, principal is reduced one-for-one with the loss in the worst-performing index, potentially to zero.
The price to the public is $1,000 per note, with selling fees of $22.25 and proceeds to the issuer of $977.75 per note. The estimated value at pricing is $956.00 per $1,000 note, reflecting embedded fees, hedging costs and JPMorgan’s internal funding rate. The notes are unsecured, subject to issuer and guarantor credit risk, and will not pay dividends on the underlying equities.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked individually to NVIDIA, Broadcom, Palantir and Tesla shares, maturing on February 14, 2031, in minimum denominations of $1,000.
The notes pay a monthly contingent coupon at a rate of at least 20.65% per annum (about $17.2083 per $1,000) only when each stock closes at or above 60% of its initial value. If all four stocks are at or above their initial values on certain review dates from August 11, 2026, the notes are automatically called and repay principal plus due interest. At maturity, if any stock is below 50% of its initial value, repayment is reduced one-for-one with the loss on the worst performer, and investors can lose most or all of principal. The estimated value is about $920.20 per $1,000 note, and will not be less than $900.00, and the notes are unsecured, subject to JPMorgan credit risk and offer no dividends or stock ownership rights.
JPMorgan Chase Financial Company LLC is issuing $770,000 of structured notes linked to the Nasdaq-100®, Russell 2000® and S&P 500® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on February 7, 2031.
The notes may be automatically called on scheduled Review Dates starting in February 2027 if each index is at or above its initial level, paying $1,000 plus a fixed call premium of up to 65% on the final Review Date. If not called and any index finishes below 70% of its initial level at maturity, investors lose principal in line with the worst-performing index, potentially all of it.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and are sold in $1,000 minimum denominations at $1,000 per note, with an estimated value of $974 reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase Financial Company LLC priced a $500,000 issuance of Uncapped Accelerated Barrier Notes linked to the lesser performing of the iShares® MSCI EAFE ETF and the EURO STOXX 50® Index, due February 9, 2034, with settlement expected on or about February 9, 2026.
The notes offer an uncapped return equal to 2.55× any appreciation of the lesser performing Underlying at maturity, a Barrier Amount set at 70.00% of initial value, and the potential for complete loss of principal if the lesser performing Underlying falls sufficiently. The notes are unsecured obligations of JPMorgan Chase Financial Company LLC and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes priced on February 4, 2026, carry a CUSIP of 46660JQT2, have minimum denominations of $1,000, and an estimated value at pricing of $963.90 per $1,000 principal amount.