JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering medium-term “Digital Equity Notes” linked to the Russell 2000 Index and maturing in November 2027. The notes do not pay interest and are unsecured obligations subject to the issuers’ credit risk.
At maturity, each $1,000 note pays a fixed "threshold settlement amount" if the index is at least 85% of its initial level, expected between $1,130.10 and $1,153.00. If the index falls more than 15%, losses are magnified by a buffer rate of about 1.1765, and investors can lose their entire principal.
The estimated value at issuance is expected between $966.30 and $976.30 per $1,000, reflecting embedded selling costs and hedging profits. The notes are not listed, may have limited liquidity, involve complex U.S. tax treatment, and are exposed to small‑cap equity volatility and potential conflicts of interest with JPMorgan affiliates.
JPMorgan Chase & Co. is offering callable fixed-to-floating rate notes linked to Compounded SOFR, maturing on February 13, 2046. The notes pay a fixed 12.00% per annum during the initial interest periods through February 13, 2028.
After that, the interest rate for each period equals (7.00% − the Benchmark Rate) × 1.35, with a minimum rate of 0.00% per annum. Interest is paid quarterly on the 13th of February, May, August and November.
The issuer may call the notes at par plus accrued interest on any quarterly Redemption Date from February 13, 2028 to November 13, 2045. The benchmark starts as Compounded SOFR, with detailed fallback provisions if a Benchmark Transition Event occurs. The notes are unsecured obligations of JPMorgan Chase & Co. and carry structural subordination and complex tax treatment as contingent payment debt instruments.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 13, 2046. The notes pay 5.35% per annum, with interest paid annually on February 13, starting in 2027, using a 30/360 day count convention.
Beginning February 13, 2029, and on each February 13 and August 13 through 2045, JPMorgan may redeem the notes in whole at par plus accrued interest. The minimum denomination is $1,000, and the price to the public per $1,000 principal amount will range between $950.10 and $1,000, with selling commissions of up to $50 per $1,000. The notes are unsecured obligations of JPMorgan, subject to bank resolution frameworks that could impose losses on noteholders, and are not FDIC insured.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger Autocallable Contingent Yield Notes linked to Coinbase Global, Inc. Class A common stock. The notes have a roughly one-year term, $10 denomination and $1,000 minimum purchase.
The notes pay a contingent quarterly coupon only if Coinbase’s share price is at or above a coupon barrier set at 50% of the initial value. The minimum contingent coupon rate is 19.00% per annum, implying at least $0.475 per $10 each quarter when conditions are met. The notes are automatically called, returning principal plus that quarter’s coupon, if Coinbase’s share price on any observation date is at or above the initial value.
If the notes are not called and Coinbase’s final share price is at or above the downside threshold of $104.72, equal to 50% of the initial value of $209.43, investors receive full principal plus the final coupon. If the final price is below the downside threshold, repayment of principal is reduced in line with Coinbase’s decline, and investors can lose most or all of their investment. The estimated value is about $9.722 per $10 note and will not be less than $9.40 at pricing.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 13, 2041. The notes pay interest annually at a fixed 5.25% per annum, calculated on a 30/360 day count basis, with payments each February 13 starting in 2027, if the notes are still outstanding.
The issuer may redeem the notes at par plus accrued interest on February 13, May 13, August 13 and November 13 of each year, from May 13, 2028 through November 13, 2040. The public offering price per $1,000 principal amount note will be between $962.60 and $1,000, and selling commissions may be up to $47.50 per $1,000. The notes are unsecured obligations of JPMorgan Chase & Co., subordinate to claims of its subsidiaries’ creditors and are subject to resolution strategies under the Dodd-Frank Act.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked individually to the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on January 7, 2028 and are issued in minimum denominations of $1,000.
Investors may receive monthly Contingent Interest Payments only when the closing level of each Index on a Review Date is at or above 70% of its Initial Value. The notes will be automatically called, starting May 4, 2026, if on any specified Review Date (other than the first, second and final) the closing level of each Index is at or above its Initial Value.
If the notes are not called and the Final Value of the Least Performing Index is below its Trigger Value, principal is reduced 1% for every 1% decline from its Initial Value, with the possibility of losing all invested principal. The estimated value, if priced today, would be approximately $959.20 per $1,000 note, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and will not pay dividends or offer direct index ownership.
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. The notes target investors seeking high contingent income but willing to risk substantial principal loss.
Investors may receive monthly contingent interest of at least 11.00% per annum (0.91667% per month) only when the Index closes at or above 60% of its Initial Value; missed coupons can be paid later if conditions are met. The notes auto-call quarterly if the Index is at or above the Initial Value starting February 8, 2027, returning principal plus due interest.
If not called and the Final Index Value is below 50% of the Initial Value, repayment is reduced 1-for-1 with the decline, down to zero. The Index embeds a 6.0% per annum daily deduction, creating a persistent drag versus similar strategies without a fee and potentially causing declines even when the futures strategy is flat or modestly positive.
The preliminary estimated value is approximately $928.60 per $1,000 note and will not be less than $900.00, reflecting internal funding and hedging costs. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be exchange-listed, and may be illiquid.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional contingent buffered return enhanced notes linked to the Russell 2000® Index. The notes are priced at $1,000 each, in minimum denominations of $10,000.
The notes may be automatically called on February 10, 2027 if the index is at or above its strike, paying $1,000 plus at least a 12.10% call premium. If not called, at February 2, 2028 maturity investors get 1.50x or more of any positive index return, or a positive one-for-one "dual directional" return for losses up to 20%.
If the index falls more than 20% from the strike by the valuation date, principal is reduced 1% for each additional 1% decline, up to total loss. The notes pay no interest or dividends and are unsecured, subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk. The preliminary estimated value is approximately $980 per $1,000 note, and the final estimated value will not be less than $970.
JPMorgan Chase Financial Company LLC is offering Capped Buffered Return Enhanced Notes linked to the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide 1.50x any index gain at maturity, capped at a maximum return of at least 25.70%.
Investors receive no interest or dividends and face downside risk beyond a 10% buffer; if the index falls more than 10%, principal losses increase 1% for each additional 1% decline, up to a 90% loss. The notes are unsecured, not FDIC insured, and subject to the credit risk of both issuer and guarantor.
If priced on the example date, the estimated value would be about $995.50 per $1,000 note and will not be less than $970.00, reflecting structuring and hedging costs. The notes are expected to price around February 4, 2026 and mature on August 9, 2027.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is issuing $1,590,000 of Capped Notes linked to Grade A Copper spot prices. Each note has a $1,000 face amount, priced at $1,000 with $987.50 in proceeds to the issuer after $12.50 in selling commissions.
The notes run from a January 28, 2026 pricing date to an August 9, 2027 maturity, tracking the LME copper cash offer price (Bloomberg: LOCADY). Investors get 100% upside participation, but total payoff is capped at $1,213 per $1,000. If copper falls, the payoff is $1,000 plus the copper return, but never below $950, so up to 5% of principal is at risk.
The estimated value is 979.20 per $1,000 note, reflecting embedded structuring, hedging costs and dealer compensation. The notes are unsecured, not FDIC insured, exposed to both copper price moves and the credit of JPMorgan entities, and may trade at prices materially different from the original issue price.