JPMorgan Chase Financial Company LLC is offering $717,000 of auto callable contingent interest notes linked to the ordinary shares of Norwegian Cruise Line Holdings Ltd., fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon of 15.00% per year (3.75% per quarter) only if, on a review date, the stock closes at or above 75% of the strike value of $22.92, an interest barrier of $17.19. They may be automatically called as early as April 29, 2026 if the stock closes at or above the $22.92 strike.
At maturity on February 1, 2029, if not called and the final stock price is below 50% of the strike, or $11.46, investors lose principal in line with the stock decline and can lose their entire investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., carry no dividend rights in the stock, are not FDIC insured, and have an estimated value of $933.40 per $1,000, below the $1,000 issue price due to embedded costs.
JPMorgan Chase Financial Company LLC outlines preliminary terms for auto callable accelerated barrier notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing in February 2028 and fully guaranteed by JPMorgan Chase & Co.
The notes have a minimum denomination of $1,000 and may be automatically called on a February 2027 review date if each index closes at or above its call value, paying $1,000 plus a call premium of at least $176. If not called and each final index value exceeds its initial value, holders receive 2.00 times the least-performing index’s gain; if any index finishes between 70.00% and 100.00% of its initial value, principal is returned.
If the notes are not called and any index closes below 70.00% of its initial value, repayment is reduced 1% for each 1% decline in the least-performing index, up to a total loss of principal. An indicative estimated value is approximately $970.90 per $1,000 note, and the final estimated value will not be less than $900.00, reflecting embedded costs, hedging and dealer compensation.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of PayPal Holdings, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 10, 2027, in $1,000 minimum denominations.
Investors may receive a quarterly Contingent Interest Payment if PayPal’s share price on a Review Date is at or above 70% of the Strike Value, with unpaid coupons accruing if later barriers are met. The notes can be automatically called as early as February 5, 2027 if PayPal’s price is at or above the Strike Value, returning $1,000 plus applicable interest.
If the notes are not called and the final PayPal price is below a 60% Trigger Value, principal is reduced 1% for each 1% decline from the Strike Value, potentially resulting in a total loss. A hypothetical Contingent Interest Rate of 14.50% per annum is used in examples, and the preliminary estimated value is about $980 per $1,000 note, not less than $950 at pricing. The notes carry JPMorgan credit risk, pay no dividends, may be illiquid, and involve complex U.S. tax treatment.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and matures in February 2031.
Investors may receive quarterly contingent interest at a rate of at least 9.50% per year, but only when the Index closes at or above 50% of its initial level. Starting in February 2027, the notes are automatically called if the Index on a review date (other than the first three and final) is at or above a preset call level, returning $1,000 plus that period’s interest.
If the notes are not called and the Index ends below a trigger level, principal is reduced one-for-one with the Index loss, potentially to zero. The underlying Index uses leveraged E-mini S&P 500 futures and is reduced by a 6.0% per annum daily deduction, which can significantly drag performance. The indicative estimated value is about $910 per $1,000 note and will not be less than $900.
JPMorgan Chase Financial Company LLC is issuing $450,000 of auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 8.70% per year, credited monthly, only when the Index is at or above 60% of its initial level on an Interest Review Date.
The notes may be automatically called quarterly from February 4, 2027 if the Index is at least at its initial level, returning principal plus due and unpaid coupons. If not called and the Index at maturity falls more than 15% below its initial level, investors lose 1% of principal for each additional 1% decline, up to an 85% loss.
The Index embeds a 6.0% per annum daily deduction and a notional financing cost on its QQQ-based exposure, uses leverage up to 500% and a 35% target volatility, and is expected to lag a similar index without these charges. The notes are unsecured, unlisted, subject to JPMorgan credit risk, and had an estimated value of $912 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is issuing $555,000 of auto callable contingent interest notes linked to DoorDash Class A stock, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $35 per $1,000 (a 14.00% annual rate, 3.50% per quarter) when DoorDash’s share price on a review date is at or above 75.00% of the $207.68 strike value.
The notes may be automatically called as early as April 29, 2026 if the stock is at or above the strike, returning principal plus due and unpaid coupons. If held to maturity on February 1, 2029 and the final stock value is below 50.00% of the strike, investors lose principal in line with the stock decline and could lose their entire investment. The notes priced at $1,000 per unit, with estimated value of $941.10, and will not pay dividends or provide voting rights in DoorDash.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of Broadcom Inc. (AVGO), maturing in February 2028.
The notes may pay quarterly contingent interest at a rate of at least 13.50% per annum (at least $33.75 per $1,000 per quarter) if Broadcom’s share price on a review date is at or above 50% of the initial value. Missed coupons can be paid later if this condition is met on a subsequent review date.
The notes are automatically called, with return of principal plus due coupons, if on any review date other than the first and final the Broadcom share price is at or above the initial value. If held to maturity and not called, investors receive full principal plus due coupons if the final stock price is at or above 50% of the initial value, but will lose 1% of principal for every 1% decline below the initial value if the final value is under that 50% trigger, potentially losing all principal.
The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The issuer estimates that, if priced on the described terms, the value would be approximately $960 per $1,000 note, and the final estimated value will not be less than $940 per $1,000.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes linked to the least performing of the VanEck Gold Miners ETF, the Nasdaq-100 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes run to March 17, 2027 and offer at least 1.486× leveraged upside if all three underlyings finish above their initial values, and a dual-directional feature that can provide positive returns for declines of up to 20% in the worst performer. Below this 20% buffer, investors lose 1% of principal for each additional 1% decline, with up to 80% loss of principal.
The minimum denomination is $1,000. The issuer discloses an illustrative estimated value of about $976.50 per $1,000 note if priced today, and states the final estimated value on pricing will not be less than $900. The notes pay no interest, provide no dividends, are not listed on any exchange and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the common stock of Blackstone Inc. (BX), maturing on February 15, 2029, in $1,000 minimum denominations.
The notes may be automatically called on February 17, 2027 if Blackstone’s share price is at or above 90% of the initial price, paying $1,000 plus a call premium of at least $210. If not called, investors get 2.0x any positive stock return at maturity. Principal is protected only down to a 60% barrier; if the final stock price is below this level, losses match the full stock decline and investors can lose all principal. The notes pay no interest or dividends, are unsecured, and carry the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. The indicative estimated value is approximately $984.20 per $1,000 note and will not be less than $900.00 when finalized.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the worst performer of three State Street sector ETFs: Energy, Materials and Utilities. The notes pay a contingent coupon on each review date only if every ETF closes at or above 70% of its Initial Value.
The notes may be automatically called as early as May 12, 2026 if each ETF is at or above its Initial Value, returning $1,000 per note plus the applicable interest and ending further payments. If the notes are not called and any ETF finishes below its 70% trigger at maturity, principal is reduced one-for-one with the loss on the least performing ETF and can fall to zero.
The preliminary estimated value is about $973.90 per $1,000 note, with a final estimated value not less than $900.00. A hypothetical contingent interest rate of 11.90% per annum is illustrated. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry sector, market, credit, liquidity and tax risks.