JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Dual Directional Buffered Return Enhanced Notes linked to the lesser performer of the iShares MSCI EAFE ETF and the S&P 500 Index, maturing July 21, 2027.
The notes provide 1.50x leveraged upside on the lesser-performing underlying, subject to a Maximum Upside Return of at least 22.85%, and also offer a positive return for declines of up to the 10.00% buffer through an absolute-return feature. If either underlying falls by more than 10.00%, investors lose 1% of principal for each 1% drop beyond the buffer, for a potential loss of up to 90.00% of principal.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange, and are expected to have an initial estimated value below the $1,000 price, including an illustrative estimate of $986.40 per $1,000 principal amount and a minimum of $900.00 per $1,000 in the final terms.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Class A common stock of Palantir Technologies Inc. The notes target a Contingent Interest Rate of at least 16.00% per annum, paid monthly if Palantir’s share price on a Review Date is at or above an Interest Barrier set at 50.00% of the Initial Value.
If on certain Review Dates the share price is at or above the Initial Value, the notes are automatically called, returning the $1,000 principal per note plus the applicable interest and any unpaid prior contingent interest. If the notes are not called and the final share price is at or above the Trigger Value (also 50.00% of the Initial Value), investors receive principal back plus the final contingent interest and any unpaid prior interest. If the final share price is below the Trigger Value, repayment is reduced one-for-one with the stock’s decline, and investors can lose more than half or all of their principal. The notes are unsecured obligations, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with an initial estimated value of approximately $957.40 per $1,000 note and no stock dividends or exchange listing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering capped dual directional buffered equity notes linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on February 19, 2027. The notes target unleveraged exposure to index gains with a Maximum Upside Return of at least 18.50% and provide upside if the least performing index falls by up to the 15.00% buffer, effectively capping positive return from declines at 15.00%. If any index falls by more than 15.00%, investors lose 1% of principal for each 1% further drop in the least performing index, with losses up to 85.00% of principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both entities, will not be listed on an exchange, and have an estimated value initially around $987.10 per $1,000 note, not less than $900.00.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Nasdaq-100 Index® and the Russell 2000® Index, maturing on July 21, 2027. The notes provide 1.50x leveraged upside on positive index performance, capped at a Maximum Upside Return of at least 39.00%, and can also deliver a positive return if the lesser index falls by up to the 10.00% buffer, with that depreciation paid back as a gain up to a maximum of $1,100 per $1,000 note when the lesser index return is negative.
If either index declines by more than 10.00%, investors lose 1% of principal for each 1% drop beyond the buffer, for a potential loss of up to 90.00% of principal. The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Financial, and are not bank deposits or FDIC insured. They are sold in $1,000 minimum denominations, are not expected to be listed, and may have limited liquidity. If priced on the date shown, the estimated value would be approximately $986.90 per $1,000 note and will not be less than $900.00 per $1,000 note when finalized.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Digital Barrier Notes due February 6, 2031 linked to the least performing of the Dow Jones Industrial Average®, Russell 2000® Index and S&P 500® Index. The notes provide uncapped, unleveraged exposure to any gain in the worst-performing index at maturity, with a contingent digital return of at least 53.25% if all three indices finish at or above their initial levels.
A 75% barrier applies to each index: if any index finishes below this barrier, repayment is reduced one‑for‑one with the decline of the least performing index and investors can lose most or all principal. The notes pay no interest, provide no dividends, are unsecured obligations subject to the credit risk of both issuer and guarantor, and are expected to be sold in $1,000 denominations. The indicative estimated value is about $944.60 per $1,000, and will not be less than $900.00, reflecting embedded selling, structuring and hedging costs and likely lower secondary market values.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering capped dual directional buffered return enhanced notes linked to the lesser performer of the S&P 500 Index and the iShares MSCI EAFE ETF, maturing July 21, 2027. The notes provide 1.50x leveraged upside on gains of the lesser-performing underlying, capped at a Maximum Upside Return of at least 17%, and a positive, unleveraged return when the lesser performer declines by up to the 10% Buffer Amount. If either underlying falls by more than 10%, principal is exposed to losses on a 1-for-1 basis beyond the buffer, up to a 90% loss. The minimum denomination is $1,000, they pay no interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The indicative estimated value is approximately $972 per $1,000 note, and will not be less than $900 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured buffered digital notes linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on February 19, 2027.
The notes target a fixed contingent digital return of at least 7.20% if the least performing index is at or above its initial level, or down by no more than the 20.00% buffer at maturity. If any index falls by more than 20.00%, investors lose 1% of principal for each additional 1% decline in the least performing index, up to a maximum loss of 80% of principal.
The notes pay no interest, offer no dividends from the underlying indices, and have minimum denominations of $1,000. An indicative estimated value is about $987.60 per $1,000 note and will not be less than $900.00 when finalized. The notes are not bank deposits, are not FDIC insured, may have limited or no liquidity, and are 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 Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing on January 20, 2033. The notes may be automatically called on January 20, 2027 if the Index is at or above 100% of its initial level, paying $1,000 plus a call premium of at least $185 per $1,000 note, with no further payments.
If not called, and the Index finishes above its initial level on the January 14, 2033 observation date, investors receive 2.00 times the Index gain in addition to principal. If the Final Value is at or above 70% of the Initial Value, principal is returned. If it falls below 70%, repayment is reduced one-for-one with the Index decline, and investors can lose most or all of their principal. The notes pay no interest, are issued in $1,000 minimum denominations, and are unsecured obligations exposed to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. A preliminary example estimates the note’s value at about $975.40 per $1,000, and the final estimated value will not be less than $900.00 per $1,000.
JPMorgan Chase Financial Company LLC is offering capped buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide 1.00x exposure to any Index gain at maturity, but the return is capped at a Maximum Return of at least 12.00%.
If the Index is flat or down by up to the 20.00% buffer, investors receive only their principal at maturity. If the Index falls by more than 20.00%, principal is reduced 1% for each additional 1% decline, up to a maximum loss of 80.00% (down to $200 per $1,000 note in extreme scenarios.
The notes pay no interest, do not pass through S&P 500® dividends, and will not be listed on any exchange, so liquidity depends on dealer bids. They are unsecured obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is indicated at approximately $980 per $1,000 note today and will not be less than $950 when set, reflecting embedded fees, hedging costs and dealer compensation, and secondary prices are expected to be below the issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering digital barrier notes linked to the lesser performing of the STOXX® Europe 600 Index and the Russell 2000® Index, maturing in January 2029. The notes target a fixed contingent digital return of at least 24.45% per $1,000 if, on the January 16, 2029 observation date, the final level of each index is at or above 65% of its initial level. If either index finishes below this 65% barrier, repayment at maturity is reduced one-for-one with the decline of the lesser performing index, and investors can lose more than 35% and up to all of their principal. The notes pay no interest, do not pass through dividends, are unsecured and unsubordinated, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. If priced on the example date, the estimated value would be about $981.80 per $1,000, and at pricing it will not be less than $950.00.