JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked separately to the S&P 500® Index and the EURO STOXX 50® Index, maturing in February 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay monthly contingent interest only if, on a Review Date, both indices close at or above 75% of their Initial Values, with a Contingent Interest Rate of at least 9.55% per annum. If either index finishes below its Trigger Value of 70% at final maturity and the notes have not been called, investors lose 1% of principal for each 1% decline in the lesser performing index, up to total loss.
The issuer may redeem the notes quarterly starting in August 2026, paying $1,000 per note plus any due contingent interest. Minimum denomination is $1,000, and the preliminary estimated value is about $960 per $1,000 note, and will not be less than $940 per $1,000 note when finalized, reflecting embedded costs and hedging.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $23,638,000 of S&P 500®-linked capped enhanced participation equity notes maturing in May 2027.
The notes pay no interest and repay on maturity based on S&P 500® performance from the February 3, 2026 trade date to the May 11, 2027 determination date. Investors gain 3x the index’s positive return up to a cap level of 105.37% of the initial index level, for a maximum cash payment of $1,161.10 per $1,000 note. If the final index level is below the initial level, principal is reduced one-for-one with the index decline, down to total loss.
The original issue price is 100% of principal, with a 1.25% underwriting commission and an estimated value of $985.60 per $1,000, reflecting structuring, selling and hedging costs. The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor, are not FDIC insured, and will not be listed on any exchange.
JPMorgan Chase Financial Company LLC plans to issue structured notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing on February 14, 2029 and fully guaranteed by JPMorgan Chase & Co.
The notes offer at least 95.00% principal repayment at maturity, so holders can lose up to 5.00% if any index finishes below its initial level. If all three indices end above their initial levels, investors receive $1,000 plus an Additional Amount, calculated as $1,000 times the least performing index return times a participation rate of at least 114.00%.
The notes pay no periodic interest and do not provide dividends from index constituents. They are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., may be hard to sell before maturity, and are expected to have an estimated value below the $1,000 issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering market-linked, auto-callable notes due February 14, 2029, tied to the worst performer of the Nasdaq-100 Index, the Russell 2000 Index and the EURO STOXX 50 Index.
Each $1,000 security pays a contingent quarterly coupon at a rate set on the pricing date of at least 10.70% per annum, but only when the lowest-performing index on a calculation day is at or above 75% of its starting level. From August 2026 to November 2028, if the lowest-performing index is at or above its starting level on a calculation day, the notes are automatically called at par plus the applicable coupon.
If not called and, on the final calculation day, the lowest-performing index is at or above 75% of its starting level, investors receive the $1,000 principal per security (plus any final coupon). If it is below 75%, repayment of principal is reduced one-for-one with the index loss, down to zero.
The price to the public is $1,000.00 per security, including $23.25 of fees and commissions and $976.75 in proceeds to the issuer. If priced on February 5, 2026, the estimated value would be approximately $954.80 per security, and at pricing it will not be less than $920.00 per security.
JPMorgan Chase Financial Company LLC is offering $550,000 of unsecured Auto Callable Contingent Interest Notes linked to CrowdStrike Holdings Class A stock, due February 8, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 10.75% per annum (2.6875% quarterly) only if CrowdStrike’s share price on a Review Date is at or above a 50% Interest Barrier. Missed coupons can be “made up” later if the barrier is met on a subsequent Review Date.
The notes may be automatically called as early as February 3, 2027 if the stock closes at or above the Initial Value on a non-excluded Review Date, returning $1,000 per note plus due interest. If held to maturity and the final stock price is below the 50% Trigger Value, investors lose 1% of principal for each 1% stock decline, potentially losing all principal. The estimated value is $949.40 per $1,000, below the $1,000 issue price, and the notes are illiquid, subject to JPMorgan credit risk, and do not pay dividends.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the lesser performance of the Consumer Discretionary Select Sector SPDR ETF (XLY) and the VanEck Semiconductor ETF (SMH), maturing February 15, 2029.
The notes target a contingent interest rate of at least 13.25% per year (about 1.10% per month) when, on a review date, each ETF closes at or above 60% of its initial value; otherwise no interest is paid. If not called early and either ETF finishes below 50% of its initial value at final valuation, repayment of principal is reduced in line with the weaker ETF and investors can lose most or all of their investment.
JPMorgan may redeem the notes early on specified interest payment dates, returning $1,000 per note plus any due interest. The estimated value is initially about $971.50 per $1,000 note and will not be less than $900, reflecting embedded fees and hedging costs. The notes are unsecured, not FDIC insured, have no stockholder rights or dividends, and are expected to be illiquid with no exchange listing.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering S&P 500®-linked Digital Equity Notes due February 11, 2027 with a $1,000 principal amount per note. The notes pay no interest and are unsecured obligations subject to issuer and guarantor credit risk.
At maturity, if the S&P 500® final level is at least 90% of the initial level of 6,917.81, investors receive a threshold settlement amount expected to be at least $1,083.50 per $1,000 note, capped at a level expected to be at least 108.35% of the initial index level. If the index falls more than 10%, losses are leveraged at approximately 1.1111 times the decline beyond this 10% buffer, and principal can be fully lost.
The preliminary estimated value is expected between $979.90 and $989.90 per $1,000 note, reflecting embedded fees, commissions of up to 0.75%, and hedging costs. The notes will not be listed on an exchange, and secondary market liquidity, if any, will be provided on a discretionary basis by J.P. Morgan Securities LLC.
JPMorgan Chase Financial Company LLC is offering auto callable dual directional accelerated barrier notes linked to the least performing of three ETFs: VanEck Gold Miners (GDX), Utilities Select Sector SPDR (XLU) and Health Care Select Sector SPDR (XLV). The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on February 12, 2027 if each ETF is at or above its Call Value, paying $1,000 plus a Call Premium Amount of at least $291 per $1,000 note. If not called, at the February 9, 2029 maturity investors receive 2.00 times the gain of the least performing ETF if all three finish above their initial levels, or a positive return equal to the absolute loss of the least performer, up to 40%, if all three remain at or above 60% of their Initial Values.
If any ETF ends below 60% of its Initial Value, repayment is reduced one-for-one with the decline of the least performing ETF, and investors can lose all principal. The notes pay no interest, pass through no dividends, are unsecured obligations subject to JPMorgan credit risk, and are not listed. The minimum denomination is $1,000, and the indicative estimated value is approximately $938.10 per $1,000, with a final estimated value not less than $900.
JPMorgan Chase Financial Company LLC is offering $870,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performance of the iShares Russell 2000 Value ETF and the TOPIX Index, due February 6, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes are issued in $1,000 denominations, pay no interest or dividends, and can be automatically called on February 8, 2027 for $1,300 per $1,000 note if each underlying is at or above its 100% Call Value. If held to maturity and not called, investors get 3.00 times any gain of the lesser-performing underlying, but losses below the 80% barrier are passed through one-for-one, meaning investors can lose most or all principal. The price to public is $1,000, including $4 in selling commissions, with issuer proceeds of $996 and an estimated value of $976.80 per $1,000 note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering market-linked, auto-callable securities tied to the Class A common stock of CoreWeave, Inc., maturing on February 8, 2029, in $1,000 denominations.
The notes pay no interest and do not guarantee principal. They may be automatically called on February 10, 2027 if CoreWeave’s stock closing price is at or above 73% of the $82.46 starting price, paying principal plus at least a 50% call premium. If not called, at maturity investors get leveraged upside at 170% of any stock gain, full principal back if the stock is at or above 60% of the starting price, and one-for-one downside below that threshold, risking more than 40% and up to all principal. The preliminary estimated value is about $932 per $1,000, with a minimum of $900, reflecting embedded fees and hedging costs. The securities are unsecured, subject to JPMorgan credit risk, not FDIC insured, and are not exchange-listed.