JPMorgan Chase Financial Company LLC plans to issue auto callable yield notes linked to the worst performer of CrowdStrike, Micron and Moderna stock, fully guaranteed by JPMorgan Chase & Co. The notes target an interest rate of at least 21.75% per annum, paid monthly at a rate of at least 1.8125% per $1,000 note, until automatic call or maturity on February 1, 2028.
The notes are automatically called, and principal returned, if on any review date before maturity each stock’s closing price is at or above its initial value. If not called, principal is protected only if, at final valuation, every stock remains at or above 50% of its initial value. If any stock finishes below this 50% trigger, repayment is reduced one-for-one with the decline of the worst-performing stock, and investors can lose most or all of their principal. The notes are unsecured, not FDIC insured, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is about $965.50 per $1,000 note, and will not be less than $940.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered return enhanced notes linked to the S&P 500® Index. The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to issuer and guarantor credit risk.
The notes can be automatically called on February 8, 2027 if the S&P 500® closing level is at or above the strike, paying $1,000 plus a call premium of at least 9.93% per note on February 11, 2027. If not called and the index ends above the strike on January 26, 2028, investors receive $1,000 plus the index gain multiplied by an upside leverage factor of at least 1.50.
If the notes are not called and the index finishes at or up to 20% below the strike, principal is returned at maturity on January 31, 2028. If the index is more than 20% below the strike, repayment is reduced 1% for each 1% decline, leading to partial or total loss of principal. The estimated value, based on internal models, is indicated as below the $1,000 issue price, reflecting selling commissions, hedging costs and an internal funding rate.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., plans to issue Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, maturing on August 2, 2028, in $1,000 minimum denominations.
The notes offer at least 1.2555x any positive index return, and for index moves between 0% and -15%, they pay the absolute index move, capping gains in that range at 15% ($1,150 per $1,000). If the index falls more than 15%, principal losses match the decline beyond that buffer, up to an 85% loss.
The notes pay no interest, are unsecured and unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange, and may trade below the $1,000 issue price. If priced today, the estimated value would be about $985 per $1,000 note and will not be less than $900 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, maturing on February 2, 2029, in minimum denominations of $1,000.
The notes provide at least 1.045x leveraged upside if the index rises, and a positive, uncapped return equal to the index’s absolute loss when it falls by up to the 25.00% buffer, capped at a 25.00% gain in that downside scenario. If the index declines by more than 25.00%, investors lose 1% of principal for each additional 1% drop, up to a 75.00% loss. The preliminary estimated value is about $977.90 per $1,000 note and will not be less than $900.00 when finalized, and the notes pay no interest, are unsecured, unlisted, and 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 contingent buffered return enhanced notes linked to the Nasdaq-100 Index®. Each note has a $1,000 denomination and a preliminary estimated value of about $978.50, with a minimum estimated value of $960.00.
The notes may be automatically called on February 8, 2027 if the index is at or above the strike, paying back $1,000 plus at least a 12.35% call premium. If not called and held to January 31, 2028, investors get leveraged upside at an Upside Leverage Factor of at least 1.50, full principal back if the index is down by up to 20.00%, and 1-for-1 losses beyond that buffer.
The notes are unsecured obligations, not bank deposits or FDIC insured, and secondary market prices may be below the issue price. JPMorgan expects Section 871(m) withholding generally not to apply to Non-U.S. Holders, but this is not binding on the IRS and tax outcomes can vary by investor.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered return enhanced notes linked to the EURO STOXX 50® Index.
On the February 9, 2027 Review Date, if the Index closing level is at or above the Initial Index Level, the notes are automatically called and pay $1,000 plus a call premium of at least 14.77% on the February 12, 2027 Call Settlement Date.
If not called and the Ending Index Level on the January 27, 2028 Valuation Date is above the Initial Index Level, investors receive $1,000 + ($1,000 × Index Return × at least 1.50), providing uncapped leveraged upside. If the Index is flat or down by up to 20.00%, principal is returned at maturity on February 1, 2028.
If the Index has fallen more than 20.00%, principal is reduced 1% for each 1% Index decline, potentially resulting in a complete loss. The notes are unsecured obligations, not bank deposits or FDIC insured. The estimated value would be about $980.50 per $1,000 if priced on the described date and will not be less than $970.00 per $1,000 when finalized.
JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the common stock of Netflix, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and is scheduled to mature on February 7, 2029.
The notes pay a quarterly contingent interest rate of at least 12.50% per year (at least 3.125% per quarter) only if Netflix’s share price on a review date is at or above 60% of the initial value. Missed coupons can be paid later if this barrier is met on a future review date.
The notes are auto callable on any review date from August 3, 2026 (excluding the first and final review dates) if Netflix’s closing price is at or above the initial value, returning $1,000 plus the due and any unpaid contingent interest. If held to maturity and the final Netflix price is below 60% of the initial value, investors’ repayment is reduced one-for-one with the stock’s decline, and they can lose most or all of their principal.
The preliminary estimated value would be about $970 per $1,000 note, and will not be less than $950, reflecting selling commissions, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., will not be listed on an exchange, and may have limited or no secondary market liquidity.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Class A common stock of Meta Platforms, Inc., maturing on February 7, 2029 and guaranteed by JPMorgan Chase & Co. Each note has a $1,000 minimum denomination.
Investors may receive a contingent interest payment on each review date if Meta’s share price is at or above 60% of the initial value, called the Interest Barrier. Missed interest can be paid later if the barrier is met on a subsequent review date, but interest is not guaranteed and may be zero for the entire term.
The notes are automatically called, with repayment of principal plus interest, if Meta’s share price on any review date from August 3, 2026 (excluding the first and final review dates) is at or above the initial value. If the notes are not called and the final share price is below 60% of the initial value, investors lose 1% of principal for each 1% decline from the initial value and can lose their entire investment. The estimated value is about $980 per $1,000 note if priced today and will not be less than $950 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is offering unsecured capped notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes aim to return principal at maturity and provide equity-linked upside up to a maximum return of at least 21.50%.
Investors forgo periodic interest and dividends and receive at maturity either only their $1,000 principal per note if the index is flat or down, or principal plus an additional amount based on index appreciation, capped at a hypothetical $215 per $1,000 note. If priced today, the estimated value would be approximately $973.40 per $1,000, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate.
The notes will not be listed, may have limited liquidity, and secondary market prices are expected to be below the original issue price. Payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes are expected to be treated as contingent payment debt instruments for U.S. federal income tax purposes.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, in $1,000 minimum denominations, maturing in February 2029.
The notes provide at least 1.883x leveraged upside on any gain of the least performing index if all three finish above their initial levels. Principal is protected only if each index stays at or above 70% of its initial level on the observation date; otherwise, repayment is reduced one-for-one with the loss of the worst index, potentially to zero.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and are not bank deposits or FDIC insured. If priced on the stated date, the estimated value would be about $970.80 per $1,000 note, reflecting embedded selling commissions and hedging costs, and secondary market liquidity may be limited and at prices below the original issue price.