JPMorgan Chase Financial Company LLC is offering structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on February 13, 2031 unless called earlier.
The notes can be automatically called on scheduled Review Dates starting February 10, 2027 if the Index closes at or above 90% of its initial level, paying back principal plus a call premium that steps up from at least 16% to at least 80% of principal over time. If not called and the final Index level is at or above 70% of its initial level, investors receive principal at maturity; below that 70% barrier, repayment is reduced one-for-one with the Index decline, potentially to zero.
The Index embeds a 6.0% per annum daily deduction, which drags performance and can cause the Index to lag an identical index without this charge. The notes pay no interest, provide no index dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and may result in loss of some or all principal. If priced on the described terms, the estimated value would be approximately $910 per $1,000 principal amount, and when finally set will not be less than $900 per $1,000, reflecting structuring and distribution costs.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the Russell 2000® and EURO STOXX 50® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes can pay a contingent interest rate of at least 10.50% per annum if, on a Review Date, each index is at or above 75% of its Strike Value. They may be automatically called as early as November 5, 2026 if both indices are at or above their Strike Values, returning $1,000 per note plus that period’s interest.
If the notes are not called and either index finishes below 65% of its Strike Value at maturity, repayment of principal is reduced in line with the decline in the lesser performing index, and investors can lose most or all of their investment. The preliminary estimated value is about $970 per $1,000 note and will not be less than $950 when finalized. Key risks include loss of principal, the possibility of no interest payments, credit risk of the issuer and guarantor, complex tax treatment and limited or no secondary market liquidity.
JPMorgan Financial is offering auto callable contingent interest notes linked to the lesser performer of the State Street SPDR S&P Oil & Gas Exploration & Production ETF and the State Street Energy Select Sector SPDR ETF, fully guaranteed by JPMorgan Chase & Co.
The notes may pay monthly contingent interest at a rate of at least 8.85% per annum if each ETF stays at or above 70% of its initial value. They can be automatically called as early as August 18, 2026 if both ETFs are at or above their initial values, returning principal plus that month’s interest.
If the notes are not called and either ETF finishes below its 70% trigger, repayment of principal is reduced one-for-one with the ETF loss, potentially to zero. The notes are unsecured, not FDIC insured, will not be listed, have an estimated value initially below the $1,000 issue price and carry complex tax, credit, liquidity and energy-sector concentration risks.
JPMorgan Chase Financial Company LLC is issuing $840,000 of auto callable contingent interest notes linked to Constellation Energy common stock, fully guaranteed by JPMorgan Chase & Co. Each $1,000 note can pay a quarterly contingent coupon of 3.4375% (13.75% per year) if the stock closes at or above 75% of the strike on review dates.
The notes may be automatically called as early as April 29, 2026 if the stock is at or above the $287.45 strike, returning $1,000 plus due coupons. If held to maturity in 2029 and the stock finishes below 50% of the strike ($143.725), investors lose principal in line with the stock decline and could lose their entire investment. The estimated value was $948.10 per $1,000 at pricing, below the issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional barrier notes linked to the S&P 500 Index, maturing on August 10, 2027, in minimum denominations of $1,000.
The notes may be automatically called on February 9, 2027 for $1,000 plus a call premium of at least $99 if the index is at or above the call value. If not called and the index finishes above the strike, investors receive uncapped, unleveraged upside; if it is at or below the strike but at or above 80% of the strike, they receive the absolute index move, capped at a 20% gain. Below the 80% barrier, principal loss matches the index decline and can reach 100%.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and are not FDIC insured. If priced on the indicated terms, JPMorgan estimates the note value at about $979 per $1,000, and it will not be less than $940 per $1,000 when finally set, reflecting embedded costs and hedging.
JPMorgan Chase Financial Company LLC is issuing $1,767,000 of Uncapped Accelerated Barrier Notes linked to an unequally weighted basket of the Nikkei 225, EURO STOXX 50 and iShares MSCI EAFE ETF, maturing on February 7, 2031 and guaranteed by JPMorgan Chase & Co.
The notes provide 1.20x leveraged upside at maturity if the basket rises, return principal if the basket stays at or above 75% of its initial value, and expose holders to steep losses, including full principal loss, if it finishes below that barrier. They pay no interest or dividends. The price to public is $1,000 per note, with selling commissions of $3.50, while the estimated value at pricing was $975.60, reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $2,000,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000 Index, maturing on July 3, 2031, at a price of $1,000 per note.
The notes offer a maximum return of 57.0008% (up to $1,570.008 per $1,000 note) and include a 14.00% buffer, so principal loss begins if the Final Value falls below 86.00% of the Initial Value. Holders forgo interest and dividends and can lose up to 86.00% of principal. The estimated value at pricing was $987.90 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the State Street® Energy Select Sector SPDR® ETF and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay quarterly contingent interest at a rate of at least 8.75% per annum only when the closing value of each underlying on a review date is at or above 70% of its initial value. The notes may be automatically called, starting on August 6, 2026, if both underlyings are at or above their initial values, returning principal plus due interest. If the notes are not called and either underlying finishes below its 70% trigger on the final review date, investors lose principal in line with the lesser performer, potentially all their investment. The notes are unsecured obligations, and an estimated value of about $960 per $1,000 (not less than $940) highlights embedded selling, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $325,000 of unsecured, callable Contingent Interest Notes linked individually to the Russell 2000® Index, the S&P 500® 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 a rate of 9.15% per annum (0.7625% per month) only if on a Review Date the closing value of each underlying is at least 70% of its Initial Value; otherwise no interest is paid for that period. If the notes are not redeemed early and on the final Review Date any underlying finishes below 65% of its Initial Value, investors lose 1% of principal for each 1% decline in the Least Performing Underlying, potentially losing their entire investment.
The issuer may redeem the notes early, in whole, on specified Interest Payment Dates starting May 7, 2026, paying $1,000 plus any due contingent interest. The price to public is $1,000 per note, including $7 in selling commissions, while the estimated value at pricing was $968.70, reflecting embedded costs and JPMorgan’s internal funding and hedging assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto-callable review notes linked separately to the Russell 2000 Index and the EURO STOXX 50 Index, each in $1,000 minimum denominations.
The notes can be automatically called as early as May 26, 2026 if both indices are at or above 100% of their initial levels, paying back principal plus a call premium starting at at least 2.75% and rising to at least 55.00% by the final review date. If not called, investors receive full principal at maturity in 2031 only if each index stays at or above 75% of its initial level; otherwise payment is reduced one-for-one with the loss of the worse-performing index, potentially to zero. The preliminary estimated value is about $950 per $1,000 note and will not be less than $930 when finalized, the notes pay no interest or dividends, are unsecured, and carry the credit risk of both the issuer and guarantor.