JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked to the Russell 2000 Index, the S&P 500 Index and the State Street SPDR S&P Regional Banking ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. Investors receive a monthly contingent coupon only when the closing value of each underlying on a review date is at least 60% of its initial value (the Interest Barrier). The notes can be redeemed early, in whole, at the issuer’s option on specified interest payment dates starting in June 2026.
If the notes are not redeemed and, on the final review date, each underlying is at or above 50% of its initial value (the Trigger Value), investors receive full principal back plus any final contingent interest. If any underlying finishes below its Trigger Value, repayment is reduced by the decline of the least performing underlying, and investors can lose most or all of their principal. The issuer estimates the value at about $974 per $1,000 note on the trade date and states it will not be less than $900, reflecting embedded fees, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated callable contingent interest notes due November 24, 2027, linked separately to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, and fully and unconditionally guaranteed by JPMorgan Chase & Co.
Holders receive a monthly Contingent Interest Payment only if, on a Review Date, the closing level of each index is at least 70% of its Initial Value; otherwise, no interest is paid for that period. JPMorgan may redeem the notes early, in whole, on specified Interest Payment Dates starting June 25, 2026, paying $1,000 per note plus any due contingent interest.
If the notes are not redeemed early, principal repayment at maturity depends on the Least Performing Index. If each Final Value is at least 60% of its Initial Value, investors receive $1,000 plus any final contingent interest; if any Final Value is below 60%, repayment is reduced 1% for each 1% decline in the Least Performing Index, potentially down to zero. The indicative Contingent Interest Rate is at least 9.25% per annum, and the current estimated value is about $977.60 per $1,000 note, below the expected issue price, reflecting selling costs and hedging.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing auto callable contingent interest notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the State Street® SPDR® S&P® Regional Banking ETF, with a total offering of $1,681,000 in $1,000 denominations.
The notes pay a contingent interest rate of 8.20% per annum (0.68333% monthly) only if, on a Review Date, the closing value of each underlying is at or above 70% of its Initial Value; missed coupons can be paid later if conditions are met. The notes are automatically called, starting June 16, 2026, if on certain Review Dates each underlying is at or above its Initial Value, returning $1,000 plus due interest.
If not called, and at maturity any underlying finishes below 60% of its Initial Value (its Trigger Value), repayment of principal is reduced one-for-one with the decline of the least performing underlying, and investors can lose all principal. The estimated value is $952.20 per $1,000 note, below the $1,000 issue price, and the notes are unsecured, unlisted and subject to the credit risk of both the issuer and guarantor.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Callable Contingent Interest Notes linked separately to the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index, maturing in November 2027. The notes can pay monthly contingent interest only if, on each Review Date, the closing level of every index is at or above 70% of its initial level, and JPMorgan may redeem the notes early on specified dates after March 26, 2026.
If held to maturity and the least performing index finishes at or above its 70% Trigger Value, investors receive full principal plus the final contingent coupon; if it finishes below that level, repayment is reduced one-for-one with the index loss, potentially down to zero. A hypothetical contingent interest rate of 9.20% per year (0.76667% per month) is illustrated, and if the notes priced on the described date, the estimated value would be about $964 per $1,000 principal, not less than $900 when set, highlighting embedded structuring and distribution costs alongside extensive market, credit, liquidity, sector and tax risks.
JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked to the lesser performer of the S&P 500 Index and the VanEck Gold Miners ETF, fully guaranteed by JPMorgan Chase & Co. The notes mature on June 24, 2027 and are issued in $1,000 minimum denominations.
Investors may receive monthly contingent interest at a rate of at least 11.20% per annum, but only for Review Dates when both underlyings close at or above 70% of their initial values. The issuer can redeem the notes early, in whole, on specified interest payment dates starting March 24, 2026, paying $1,000 plus any due contingent interest.
If held to maturity and the notes are not redeemed early, full principal is repaid only if the final value of each underlying is at or above its 60% Trigger Value. If the lesser performing underlying finishes below its Trigger Value, repayment is reduced 1% for each 1% decline, potentially down to zero. The estimated value is approximately $953.50 per $1,000 note and will not be less than $900.00, reflecting embedded fees, hedging costs and issuer funding assumptions. The notes are unsecured, subject to JPMorgan credit risk, pay no dividends, and are expected to have limited liquidity and potentially volatile secondary market pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Review Notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index. The notes can be automatically called on any Review Date starting in late December 2026 if each index closes at or above its Initial Value, paying back $1,000 plus a call premium of at least 15.50%, 31.00% or 46.50% of $1,000 depending on the call date.
If not called, and on the final Review Date each index is at or above 70% of its Initial Value, investors receive their $1,000 principal at maturity. If any index is below this 70% barrier, repayment is reduced dollar-for-dollar with the loss of the worst-performing index, and investors can lose more than 30% and up to all of their principal.
The notes pay no interest, provide no dividends, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. Minimum denomination is $1,000. If priced on the date shown, the estimated value would be about $976.10 per $1,000 note and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, scheduled to mature in December 2028.
The notes aim to pay monthly contingent interest at a rate of at least 14.00% per annum when the Index closes at or above 70% of its initial level, with any previously missed coupons paid once the barrier is met. Beginning with the sixth review date, the notes are automatically called if the Index is at or above its initial level, returning the $1,000 principal per note plus the applicable interest.
If the notes are not called and the final Index level is below the 70% trigger, repayment of principal is reduced in proportion to the Index decline, so investors can lose most or all of their investment. The Index uses leveraged E-mini S&P 500 futures with a 35% target implied volatility and applies a 6.0% per annum daily deduction that drags on performance. The notes are unsecured, not FDIC insured, may be hard to sell, and their estimated value per $1,000 note is initially below the price to public.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Constellation Energy Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of at least $43.00 per $1,000 (at least 17.20% per annum) only when the stock closes on a review date at or above 70.00% of the $365.625 strike price, with missed coupons potentially paid later if the barrier is met.
The notes are automatically called, returning $1,000 plus due and unpaid contingent interest, if the stock closes at or above the strike on any review date from March 16, 2026 through September 16, 2027. If not called and the final stock price on December 16, 2027 is at or above the 70.00% trigger, investors receive principal plus the final contingent coupon and unpaid coupons; if it is below, repayment is reduced one-for-one with the stock loss from the strike, so losses can exceed 30.00% and reach the full principal.
The notes are unsecured, unsubordinated obligations in minimum denominations of $1,000, exposed to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., will not be listed on an exchange, and may trade below the issue price. The estimated value is approximately $956.30 per $1,000 today and will not be less than $930.00 per $1,000 when set, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the Nasdaq-100® Technology Sector IndexSM and the VanEck® Semiconductor ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on December 28, 2028.
The notes pay a monthly Contingent Interest Payment of at least $11.125 per $1,000 principal amount note (at least 13.35% per annum) for any Review Date when the closing value of each underlying is at least 70.00% of its Initial Value. Beginning June 22, 2026, the notes will be automatically called if on a Review Date (other than the first through fifth and final Review Dates) each underlying closes at or above its Initial Value, returning $1,000 plus the applicable contingent interest.
If the notes are not called, investors receive $1,000 per note plus the final contingent coupon at maturity only if each underlying’s Final Value is at least 70.00% of its Initial Value; otherwise the payoff is reduced one-for-one with the decline of the Lesser Performing Underlying, leading to a loss of more than 30.00% and possibly all principal. The notes are unsecured, not FDIC-insured and will not be listed, and their estimated value would be approximately $969.20 per $1,000 note today and will not be less than $930.00 per $1,000 note when the terms are set.
JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., is offering auto callable notes linked to the J.P. Morgan Multi-Asset Index and scheduled to mature on January 3, 2031. The notes can be automatically called as early as December 31, 2026 if the index closes at or above preset call values, repaying the $1,000 principal plus a fixed call premium that steps up from at least 6.25% to 25.00% on successive review dates.
If the notes are never called, holders receive full principal repayment at maturity plus any index gain, calculated as $1,000 times the index return at a 100% participation rate, with the additional amount floored at zero. The index is a rules-based, futures-driven allocation across equity, bond and commodity indices, subject to a 1.00% per annum daily deduction and a portfolio selection process that uses a 4% volatility threshold.
The notes pay no periodic interest, are unsecured and unsubordinated obligations subject to the credit risks of JPMorgan Financial and JPMorgan Chase & Co., and are not insured by the FDIC. If priced on the date cited, the estimated value would be about $938 per $1,000 note and will not be less than $900 at pricing, and secondary market prices are expected to be below the $1,000 price to public.