JPMorgan Chase Financial Company LLC is offering $3,860,000 of Digital Equity Notes due November 8, 2027, linked to the S&P 500 Index and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are issued at 100% of principal with selling commissions of 2.21%, so net proceeds to the issuer are 97.79% of principal. For each $1,000 note, if the S&P 500 final level on November 4, 2027 is at least 90% of the initial level of 6,917.81, investors receive a fixed threshold settlement amount of $1,131.50, capping upside at a 13.15% return.
If the index declines by more than 10%, principal is exposed to losses at a buffer rate of approximately 1.1111% for each additional 1% decline, down to total loss if the index falls to zero. The estimated value at pricing is $974.10 per $1,000 note, reflecting selling costs and hedging. The notes are unsecured obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., are not FDIC insured, and will not be listed on any exchange, with secondary liquidity expected, if at all, mainly through J.P. Morgan Securities LLC.
JPMorgan Chase Financial Company LLC is offering $997,000 of Uncapped Buffered Digital Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes price at $1,000 each, with $5 in selling commissions and $995 in proceeds to the issuer per note.
The notes pay no interest and mature on February 6, 2032. At maturity, investors receive a 45.00% Contingent Digital Return if the index is at or above its initial level, or down by up to 15%. Above 145% of the initial level, they also receive 3.40x the index gain above 45%, with no upside cap.
If the index falls more than 15% below the initial level, principal is reduced 1% for each additional 1% decline, up to an 85.00% loss of principal. The initial index level was 561.30 on February 3, 2026, and the notes are unsecured obligations exposed to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value at pricing was $968.30 per $1,000 note, below the issue price due to embedded costs.
JPMorgan Chase Financial Company LLC is offering $1,500,000 of Series A digital equity notes linked to the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount, is issued at 100.00% and pays no interest.
At maturity on July 23, 2032, investors receive $1,541.00 per $1,000 note if the S&P 500 final level is at least 85.00% of the initial level of 6,917.81, capping the maximum payoff at 154.10% of principal. If the index falls more than 15.00%, repayment is reduced 1% for every 1% decline, down to zero, so investors could lose their entire investment.
The estimated value at pricing is $936.60 per $1,000 note, below the issue price, reflecting selling commissions of 5.00% and hedging and structuring costs. The notes are not FDIC insured, will not be listed, have no issuer call feature, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., as well as complex and uncertain U.S. tax treatment.
JPMorgan Chase Financial Company LLC is issuing $2,773,000 of digital equity notes due July 30, 2027, linked to the MSCI EAFE® Index and fully guaranteed by JPMorgan Chase & Co. The notes pay no interest.
At maturity, each $1,000 note pays $1,125.70 if the index is at or above 90% of its initial level of 3,061.48. If the index falls more than 10%, principal losses are amplified: for every 1% drop beyond that buffer, investors lose about 1.1111% of principal, up to a total loss. Returns are capped at 112.57% of principal even if the index rises more. The estimated value at pricing was $992.20 per $1,000, the notes are unsecured, not FDIC‑insured, not listed, have no early redemption, and are subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk and complex, uncertain tax treatment.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable buffered equity notes linked to the common stock of Microsoft Corporation. The notes do not pay interest or dividends and expose investors to Microsoft’s share price performance.
The notes can be automatically called on February 17, 2027 if Microsoft’s share price is at or above the stock strike price, paying $1,000 per note plus a call premium of at least 14.35%. If not called and held to February 9, 2028, investors receive uncapped upside linked to Microsoft’s stock return, subject to a contingent minimum return of at least 28.70% when the final stock price is at or above the strike.
The structure includes a 15.00% downside buffer; below that level, losses are magnified by a downside leverage factor of 1.17647, so investors can lose some or all principal. The stock strike price is $414.19, and the estimated value per $1,000 note, if priced on the example date, would be approximately $975.60, with a minimum estimated value at issuance of $960.00. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and will not be listed on any securities exchange.
JPMorgan Chase Financial Company LLC is issuing $31,115,000 of Series A Digital Equity Notes due November 8, 2027, linked to the S&P 500® Index and fully guaranteed by JPMorgan Chase & Co. The notes have a $1,000 principal amount each and do not pay interest.
The return depends on S&P 500 performance from the February 3, 2026 trade date to the November 4, 2027 determination date, starting from an initial level of 6,917.81. If the final index level is at least 90% of the initial level, holders receive a fixed $1,144.50 per $1,000 note, capping upside even if the index rises more.
If the index falls more than 10%, principal loss is magnified by a buffer rate of about 1.1111, and investors can lose their entire investment. The estimated value at pricing is $983.40 per $1,000 note, the notes are not listed or redeemable early, and payments are subject to the credit risk of both the issuer and guarantor. The tax treatment is uncertain and relies on treatment as an open transaction for U.S. federal income tax purposes.
JPMorgan Chase & Co. is offering $25,000,000 of callable fixed rate notes due February 5, 2031. The notes pay 4.20% per annum, with interest paid in arrears every February 5 and August 5, starting August 5, 2026, using a 30/360 day count.
The notes may be called at the issuer’s option on February 5, 2029 at par plus accrued interest. Each note is issued at $1,000, with $2.30 per note in selling commissions, resulting in $24,942,500 in proceeds to the issuer. The notes are unsecured obligations, not bank deposits, not FDIC insured, and in a resolution scenario losses would be borne by equity holders first and then unsecured creditors, including noteholders.
JPMorgan Chase Financial Company LLC is issuing $6,375,000 of Series A medium‑term “digital” notes linked to the iShares 20+ Year Treasury Bond ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and mature on February 3, 2028
The original issue price is 100% of principal, with a 1.47% selling commission and net proceeds of 98.53%. The bank’s estimated value is $975.70 per $1,000, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., are not listed, have no redemption feature, and involve complex U.S. tax and market risks.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $7,220,000 of Russell 2000®-linked Digital Equity Notes maturing on November 8, 2027. Each note has a $1,000 principal amount and pays no interest.
At maturity, if the Russell 2000® final level is at least 85.00% of its initial level of 2,648.499, holders receive a fixed $1,151.50 per $1,000 note (a 15.15% maximum gain). If the index falls by more than 15%, principal is lost on a leveraged basis at about 1.1765% per 1% additional decline, down to a possible total loss.
The notes are unsecured obligations exposed to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, and will not be listed on an exchange. The estimated value at pricing was $980.30 per $1,000 note, reflecting selling commissions, structuring and hedging costs, and an internal funding rate. The U.S. tax treatment is uncertain and may be affected by future IRS or Treasury actions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing Uncapped Accelerated Barrier Notes linked to the Nasdaq‑100 Futures Excess Index, maturing in May 2036. The notes offer at least 3.33x leveraged upside on any index gain at maturity, with no cap on potential positive return.
If the index finish level is at or above 70% of its initial level, investors receive full principal back, and if it is above the initial level they also receive leveraged gains. If the index closes below the 70% barrier on the observation date, repayment is reduced one‑for‑one with the index loss, and all principal can be lost.
The notes pay no interest, are unsecured obligations of the finance subsidiary, and depend on the credit of both JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is about $970 per $1,000 note and will not be less than $950, reflecting embedded fees, hedging costs and dealer compensation. Liquidity is limited because the notes will not be listed, and secondary prices are expected to be below the issue price. The tax treatment is uncertain, with JPMorgan intending to treat the notes as open transactions, and investors are warned about significant product, market, liquidity and tax risks.