JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering unsecured market-linked notes tied to the lowest performing of Oracle, ServiceNow and Microsoft common stocks, maturing in February 2029. The securities pay no interest and are designed to auto-call on February 16, 2027 if the lowest performing stock is at or above its starting price, in which case holders receive $1,500 per $1,000 note and the notes terminate early.
If not called, the maturity payment depends on the lowest performing stock at final valuation. If it finishes above its starting price, holders receive $1,000 plus at least 250.50% of that stock’s gain. If it is at or above 50% of its starting price, principal is returned. If it closes below 50% of its starting price, principal losses match the stock’s decline and investors can lose more than 50%, up to all, of their investment. The notes are not bank deposits, are not FDIC insured, and are subject to JPMorgan’s credit risk; the initial estimated value is about $921.10 per $1,000 before final pricing.
JPMorgan Chase Financial Company LLC is issuing $250,000 of structured capped notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking equity-index-style upside without downside loss of principal at maturity.
The notes mature on January 28, 2031. At maturity, investors receive $1,000 per note plus an additional amount equal to 110% of the index gain, capped at a maximum extra payment of $500 per $1,000 note, so total repayment cannot exceed $1,500 per note. If the index is flat or lower, investors receive only their $1,000 principal, with no inflation protection.
The price to the public is $1,000 per note, including selling commissions of $36.25, resulting in issuer proceeds of $963.75 per note. The issuer’s estimated value is lower, at $932.70 per $1,000 note, reflecting structuring, distribution and hedging costs. The notes pay no interest, are unsecured and unsubordinated, and depend on the credit of both JPMorgan Financial and JPMorgan Chase & Co. Liquidity may be limited because the notes are not exchange listed, and secondary market prices are expected to be below the original issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured Capped Return Enhanced Notes linked to the Class A common stock of Coinbase Global, Inc. The notes target 3x any positive stock performance, capped at a maximum return of at least 66.25%, and mature on February 1, 2027.
The Strike Value is the Coinbase closing price of $213.48 on January 26, 2026. If the Final Value is above the Strike Value, holders receive leveraged upside, subject to the cap. If the Final Value equals the Strike Value, investors receive back only the principal. If the Final Value is below the Strike Value, investors lose 1% of principal for each 1% decline, up to a total loss.
The notes pay no interest, do not provide dividend rights or direct cryptocurrency exposure, are unsecured and unsubordinated, and will not be listed on an exchange. The preliminary estimated value is about $970 per $1,000 note, and will not be less than $950 at pricing, reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing auto callable buffered equity notes linked to the EURO STOXX 50® Index. Each note has a $1,000 price to the public, with $15 in fees and $985 in proceeds to the issuer.
The notes may be automatically called on February 5, 2027 if the index is at or above its initial level of 5,948.20, paying back $1,000 plus a 10.58% call premium. If held to the January 27, 2028 maturity and not called, investors receive index-linked exposure with a 21.16% contingent minimum return when the index finishes at or above its initial level, a 15% downside buffer, and losses beyond that at a 1.17647 downside leverage factor.
The total offering size is $5,426,000, and the estimated value at pricing was $979 per $1,000 note, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured obligations, not bank deposits and are not insured by any governmental agency.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing Auto-Callable Trigger PLUS linked to the S&P 500® Index with an aggregate principal amount of $3,296,000 and a stated principal amount of $1,000 per security.
The notes pay no interest and mature on July 28, 2027, with potential automatic early redemption on February 4, 2027 at $1,085 per note if the S&P 500 closes at or above its initial level. If held to maturity without early redemption, investors participate in upside at a 125% leverage factor when the index finishes above its initial level.
Principal is only protected if, at maturity, the final index level is at or above 80% of the initial index level (the trigger level of 5,532.49). If the index ends below this trigger, repayment is reduced 1% for every 1% decline, and investors can lose most or all of their investment. The estimated value on the pricing date is $968.60 per $1,000 note, below the issue price due to fees, hedging costs and structuring margins.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing approximately $1,075,000 of auto callable buffered return enhanced notes linked to Broadcom Inc. common stock. The notes have a $1,000 denomination, a strike price of $325.49 and mature on January 27, 2028.
The notes may be automatically called on February 4, 2027 if Broadcom’s share price is at or above the strike, paying $1,000 plus a 34.03% call premium. If not called, investors receive 1.5 times any positive stock return at maturity with no cap, full principal back if the stock is down up to 15%, and a leveraged loss of 1.17647% of principal for every 1% decline beyond that buffer. The notes pay no interest or dividends, are unsecured, and carry issuer and guarantor credit risk. The estimated value is $978.20 per $1,000 note, below the issue price due to selling commissions, hedging costs and dealer profit.
JPMorgan Chase Financial Company LLC is issuing $13,582,000 of Enhanced Jump Securities with an auto-call feature linked to the EURO STOXX 50® and S&P 500® indices. Each $1,000 security can be automatically redeemed on February 4, 2027 for $1,080 if both indices are at or above their initial levels on the first determination date.
If not called and both indices are at or above 70% of their initial values on the final determination date, investors receive $1,160 at maturity on January 27, 2028, corresponding to a return of approximately 8.00% per annum. If either index finishes below its 70% downside threshold, the maturity payment is $1,000 multiplied by the performance of the worse-performing index, which can result in a payment below 70% of principal and potentially zero.
The notes pay no coupons, offer no participation in index gains, are unsecured obligations of JPMorgan Chase Financial fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry principal-at-risk, market, credit, liquidity, tax and valuation risks. The estimated value on the pricing date is $966.10 per $1,000 security, reflecting embedded fees, structuring costs and hedging-related profits.
JPMorgan Chase Financial Company LLC is issuing $500,000 of auto callable contingent interest notes linked to Docusign, Inc. common stock. The notes pay a contingent coupon of $49.40 per $1,000 note on each quarterly Review Date only if Docusign’s share price is at or above the Interest Barrier of $37.375, which is 65% of the $57.50 Stock Strike Price. Missed coupons can be paid later if the barrier is subsequently met, but all coupons can be lost if it is never met.
The notes may be automatically called as early as May 7, 2026 if Docusign closes at or above the $57.50 Stock Strike Price on a non-final Review Date, returning $1,000 plus the due coupon and any unpaid coupons. If the notes are not called and Docusign’s final price on February 4, 2027 is below the same 65% Trigger Level, principal is reduced 1% for each 1% decline from the strike, up to a total loss. The notes price at $1,000 with $10 in selling commissions and an estimated value of $973 per $1,000 at issuance.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $2,500,000 of Capped Buffered Return Enhanced Notes linked to the MSCI EAFE® Index, maturing on July 28, 2027. The notes provide 1.50 times any positive Index performance at maturity, but gains are capped at a maximum return of 21.50%, equal to a maximum payment of $1,215.00 per $1,000 note. A 10.00% downside buffer protects principal against moderate declines, but if the Index falls by more than 10.00%, investors lose 1% of principal for each additional 1% decline, up to a 90.00% loss. The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with no exchange listing and potentially limited secondary market liquidity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Dual Directional Buffered Equity Notes linked to the S&P 500® Index. The notes are issued at $1,000 per note, for total proceeds of $1,699,125 after fees, with a maximum aggregate price to the public of $1,725,000.
The notes may be automatically called on the February 5, 2027 Review Date if the Index closing level is at or above the Initial Index Level of 6,915.61, in which case investors receive $1,000 plus a 9.75% call premium per note on the Call Settlement Date. If not called and held to the January 27, 2028 maturity, investors participate one-for-one in any positive Index return, or receive the absolute value of negative Index performance up to a 20.00% Contingent Buffer.
If the Ending Index Level is more than 20.00% below the Initial Index Level, principal is at risk and losses increase 1% for each additional 1% Index decline, potentially resulting in a full loss of principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of the issuer and guarantor, and are not bank deposits or FDIC insured. The estimated value at pricing was $977.50 per $1,000 note, below the issue price due to selling commissions, hedging costs and structuring margin.