JPMorgan Chase Financial Company LLC is offering $647,000 of Uncapped Digital Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide uncapped, unleveraged exposure to index gains at maturity, with a contingent digital return of 57.00% and a digital barrier at 90.00% of the initial index level of 558.74. If the final index value is at or above the initial value, investors receive the greater of the 57.00% contingent digital return or the index return; if it is below the initial value but at or above the barrier, the return equals 57.00% plus the index return. If the final value falls below the barrier, principal is reduced one-for-one with the index loss, and investors can lose most or all of their investment. The notes pay no interest, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and are expected to mature on January 24, 2031.
JPMorgan Chase Financial Company LLC is issuing $1,525,000 of auto callable contingent interest notes linked to the Class A common stock of Palantir Technologies Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon of $45 per $1,000 (an 18.00% annual rate, 4.50% per quarter) only on review dates when Palantir’s share price is at or above 50.00% of the initial value of $165.33, meaning coupons can be skipped entirely if the stock trades below this barrier.
The notes may be automatically called on any non-final review date starting April 21, 2026 if Palantir’s share price is at or above the initial value, in which case investors receive $1,000 plus the applicable contingent interest and no further payments. If not called and the final share price is below the 50.00% trigger, repayment at maturity is reduced in line with the stock’s decline, and investors can lose more than 50.00% and up to all of their principal.
The price to the public is $1,000 per note, including $22.25 in fees and commissions, for net proceeds of $977.75 per note to the issuer, while the issuer’s estimated value is $961.00, reflecting embedded costs, hedging and funding assumptions, and creating a meaningful gap between issue price and model value. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange, and offer no dividends or shareholder rights in Palantir.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable buffered return enhanced notes linked to the common stock of Broadcom Inc. The notes are issued in minimum denominations of $10,000 and are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan entities.
The notes may be automatically called on February 4, 2027 if Broadcom’s share price is at or above the stock strike price, paying $1,000 per note plus a call premium of at least 34.03% on February 9, 2027. If not called, at maturity on January 27, 2028 investors receive leveraged upside of at least 1.50 times any positive stock return, with no cap.
The structure includes a 15.00% downside buffer: if the final stock price is at or above 85% of the strike, principal is returned. Below that level, losses are magnified at 1.17647% for every 1% drop beyond the 15.00% buffer, so investors can lose some or all principal. The preliminary estimated value is approximately $979.70 per $1,000 note and will not be less than $960.00 when finalized, reflecting selling commissions, hedging costs and issuer funding considerations.
JPMorgan Chase Financial Company LLC is offering callable contingent interest notes due February 1, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of at least 8.35% per annum, but interest is only paid for a Review Date if the Russell 2000 Index, S&P 500 Index and VanEck Gold Miners ETF each close at or above 70% of their Initial Value, with missed coupons potentially paid later when conditions are met.
At maturity, if the notes have not been called and the least performing underlying is at or above 50% of its Initial Value (the Trigger Value), investors receive full principal plus any due contingent interest; if it is below 50%, principal is reduced one‑for‑one with the underlying’s loss, up to total loss. The issuer may redeem the notes early, in whole, on specified dates starting around July 30, 2026, paying $1,000 per note plus applicable interest. The estimated value is indicated around $947.60 per $1,000 (and not less than $900) due to embedded fees, funding and hedging costs, and the notes 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 issuing $13,702,000 of Capped Buffered Enhanced Participation Basket-Linked Notes due April 23, 2027.
The notes are linked to an unequally weighted equity index basket: EURO STOXX 50® (38%), TOPIX® (26%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%). The initial basket level is 100, with a 1.50x upside participation rate, a cap level of 113.60% and a maximum settlement amount of $1,204 per $1,000 note.
The structure includes a 10% downside buffer: if the basket falls by up to 10%, investors receive principal; below that, losses are magnified by a buffer rate of about 1.1111, and the entire investment can be lost. The notes pay no interest, are not listed, and secondary liquidity would depend on J.P. Morgan Securities LLC. The estimated value at pricing was $987.10 per $1,000, reflecting selling commissions, hedging costs and the issuer’s internal funding rate. Payments are subject to the credit risk of both the issuer and the guarantor.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional buffered notes linked to the S&P 500® Index, with a total offering size of $3,250,000.00 at $1,000 per note.
The notes may be automatically called on the February 2, 2027 review date if the index closes at or above the strike level of 6,796.86, in which case investors receive $1,000 plus a 7.40% call premium. If not called and the index is above the strike at the January 20, 2028 valuation date, investors get an uncapped upside equal to the index gain.
If the index finishes up to 20.00% below the strike, holders earn a positive return equal to the index’s absolute move, capped at $1,200 per $1,000 when the index is down. Below the 20.00% buffer, losses are magnified by a 1.25 downside leverage factor, so substantial principal loss is possible. The estimated value at pricing was $980.30 per $1,000 note, and investors forgo interest, dividends and voting rights.
JPMorgan Chase Financial Company LLC is offering $983,000 of callable contingent interest notes linked to the Nasdaq-100 Index®, the S&P 500® Index and the State Street® SPDR® S&P® Regional Banking ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 8.45% per annum (0.70417% per month) only for Review Dates when the closing value of each underlying is at least 60% of its Initial Value. Missed interest can be paid later if all underlyings recover above this barrier.
The notes are callable at the issuer’s option on specified Interest Payment Dates starting on July 24, 2026. If held to maturity and any underlying finishes below 60% of its Initial Value, repayment of principal is reduced one-for-one with the decline of the least performing underlying, potentially to zero.
Each $1,000 note is sold at $1,000, with $22.25 in selling commissions and $977.75 in proceeds to the issuer. The estimated value at pricing was $957.80 per $1,000 note, reflecting embedded fees and hedging costs. The notes are unsecured, unsubordinated obligations 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 $1,000-denomination Capped Buffered Enhanced Participation Equity Notes due July 23, 2027 linked to the MSCI EAFE Index. The notes pay no interest and are unsecured obligations subject to JPMorgan Financial’s and JPMorgan Chase & Co.’s credit risk.
At maturity, investors receive a cash payment based on index performance from the trade date to July 21, 2027. Upside exposure is 1.50x index gains but is capped, with the maximum settlement amount expected between $1,189.75 and $1,222.60 per $1,000 note. A 7.50% downside buffer applies: if the index falls by up to 7.50%, investors receive full principal; beyond that, losses are magnified by a buffer rate of about 1.0811, and principal can be fully lost.
The preliminary estimated value is expected between $972.60 and $982.60 per $1,000, reflecting structuring, selling and hedging costs, including selling commissions up to 1.09%. The notes are not listed, have no redemption feature, are not bank deposits and are not FDIC insured.
JPMorgan Chase Financial Company LLC is issuing $2,673,000 of callable contingent interest notes linked to the Russell 2000, EURO STOXX 50 and Nasdaq-100 indexes, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon of $43.50 per $1,000 (an 8.70% annual rate, 4.35% semiannually) on each review date only if all three indexes close at or above 70% of their initial levels. JPMorgan can redeem the notes early on specified interest payment dates starting in January 2027, returning $1,000 per note plus any due contingent interest.
If held to January 2031 and not called, investors receive $1,000 per note plus the final contingent interest if every index stays at or above 65% of its initial level; otherwise, payoff is reduced in line with the worst-performing index, and investors may lose more than 35% or even all principal. The estimated value at pricing was $940.70 per $1,000, below the $1,000 issue price, reflecting selling, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is issuing S&P 500®‑linked digital equity notes due April 13, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and your return depends on the index level on the April 9, 2027 determination date.
For each $1,000 principal amount, if the S&P 500® final level is at least 90% of its initial level, you receive a fixed "threshold settlement amount" expected to be between $1,086.40 and $1,101.30. If the index falls more than 10%, your loss is leveraged by a buffer rate of approximately 1.1111% for each additional 1% decline, and you could lose your entire principal.
The notes will not be listed, have no redemption feature, and any payment is subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is expected between $975.40 and $985.40 per $1,000, reflecting selling commissions and hedging costs. The tax treatment is uncertain and could change, and there are significant liquidity, valuation and conflict‑of‑interest risks described in the risk factors.