JPMorgan Chase Financial Company LLC is offering $1,274,000 of auto callable contingent interest notes linked to the common stock of Freeport-McMoRan Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of $35.00 per $1,000 principal (a 14.00% per annum rate) for any Review Date on which the Freeport-McMoRan share price is at or above 60.00% of the Initial Value of $44.80, an Interest Barrier of $26.88.
The notes may be automatically called as early as June 9, 2026 if the stock closes at or above the Initial Value on a non-initial, non-final Review Date, returning $1,000 plus the applicable coupon per note. If not called and the final stock price is below the 60.00% Trigger Value, principal is reduced one-for-one with the stock loss, and investors can lose more than 40% or even all of their investment. The estimated value is $970.70 per $1,000 note, below the $1,000 issue price, and the notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with no listing or dividend rights on the underlying stock.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated Uncapped Digital Barrier Notes linked to the lesser performance of the S&P 500 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes offer uncapped upside at maturity based on the weaker index, with a contingent digital return of at least 45.50% if both final index levels are at or above their initial values, and return of principal if either index is below its initial level but both stay at or above 75% barrier levels. If either index ends below its barrier, repayment is reduced one-for-one with the decline in the lesser-performing index, so investors can lose more than 25% and up to all principal. The preliminary estimated value is $976.70 per $1,000 note, and the final estimated value will not be less than $950 per $1,000. The notes pay no interest, provide no index dividends, will not be listed, and are intended for buy-and-hold investors able to accept issuer, guarantor and market risks through the January 4, 2030 maturity.
JPMorgan Chase & Co. is offering callable fixed rate notes due June 23, 2034. The notes pay interest at a fixed rate of 4.55% per annum, with payments made in arrears each year on December 23 from 2026 through 2033 and on the maturity date. At maturity, if the notes have not been called and are still outstanding, investors receive the principal amount plus any accrued and unpaid interest.
Starting December 23, 2027, and then on the 23rd of March, June, September and December through March 23, 2034, the issuer may redeem all, but not part, of the notes at par plus accrued interest. The price to the public is generally $1,000 per $1,000 principal amount, and for certain institutional or fee-based accounts may range from $980.10 to $1,000, with selling commissions generally around $17 and capped at $35 per $1,000. The notes carry significant risk, including that in a resolution scenario unsecured noteholders could face losses after priority and secured creditors are paid.
JPMorgan Chase Financial Company LLC is offering floating rate notes due December 17, 2032, fully and unconditionally guaranteed by JPMorgan Chase & Co. At maturity, investors receive the principal plus any accrued and unpaid interest.
Interest is paid quarterly in arrears each March, June, September and December, beginning March 19, 2026. For each interest period, the rate equals a Benchmark Rate based on Compounded SOFR for the relevant observation period plus a spread of 0.55% per year, with a minimum interest rate of 1.00% per year, calculated on a 30/360 day-count basis.
The notes use detailed benchmark transition provisions so a Benchmark Replacement can be applied if SOFR or the then-current Benchmark Rate becomes unavailable. Key risks highlighted include limited market precedent for Compounded SOFR structures, potential volatility in SOFR, uncertainty of future interest amounts until shortly before each payment date, possible benchmark transition impacts, conflicts of interest because an affiliate acts as calculation agent, and limited suitability as short-term trading instruments.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on December 20, 2028. The notes pay a quarterly contingent interest of at least 7.90% per annum (at least $19.75 per $1,000) only if on a Review Date the closing level of each index is at or above 70% of its Initial Value.
The notes may be automatically called starting December 15, 2026 if, on certain Review Dates, each index is at or above its Initial Value, returning $1,000 plus the applicable interest, with no further payments. If held to maturity and any index finishes below 60% of its Initial Value, investors lose 1% of principal for each 1% decline in the least performing index and can lose their entire investment.
The notes are unsecured, unsubordinated obligations, not bank deposits and not FDIC insured. An example estimated value is $972.60 per $1,000 principal amount, and the issuer states the final estimated value will not be less than $940.00 per $1,000, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase & Co. is offering callable fixed rate notes due December 23, 2037. The notes pay a fixed interest rate of 5.00% per annum, with interest paid annually in arrears on December 23 of each year, starting December 23, 2026, based on a 30/360 day count convention. Each note has a $1,000 principal amount, and at maturity investors receive their principal plus any accrued and unpaid interest if the notes have not been called.
Beginning December 23, 2030 and on each June 23 and December 23 thereafter through June 23, 2037, JPMorgan may redeem the notes in whole at par plus accrued interest, on at least five business days’ notice. The notes are unsecured obligations of JPMorgan Chase & Co., rank behind creditors of its subsidiaries, and are not bank deposits or FDIC insured. A single‑point‑of‑entry resolution strategy under U.S. law could result in losses for noteholders in a bankruptcy or Title II resolution scenario.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering 5-year, auto-callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA), with a minimum denomination of $1,000 per note. The notes target quarterly contingent interest of at least 10.55% per annum (2.6375% per quarter) if, on a review date, the index is at or above a specified interest barrier.
The notes can be automatically called after the first year if, on a review date (other than the first three and final), the index is at or above its initial value, in which case investors receive principal plus the applicable interest and no further payments. If the notes are not called and the final index value is below the trigger value (50% of the initial value), repayment of principal is reduced 1% for every 1% decline from the initial value, and investors can lose most or all of their investment. The index embeds a 6.0% per annum daily fee and a notional financing cost, and all payments are subject to the credit risk of the issuer and guarantor.
JPMorgan Chase Financial Company LLC is offering structured “Review Notes” linked to the lesser performance of the Dow Jones Industrial Average® and the Nasdaq-100 Index®, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as January 4, 2027 if the closing level of each index is at or above its Call Value, paying back principal plus a fixed Call Premium Amount. If the notes are never called and, at maturity in 2030, the lesser performing index stays at or above its Barrier Amount, investors receive only their $1,000 principal per note. If the lesser performing index finishes below its Barrier Amount, repayment is reduced 1% for every 1% index decline, which can result in losing most or all principal. The notes pay no interest or dividends; a preliminary estimated value is $968.50 per $1,000 note and will not be less than $940.00 when finalized.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated "Review Notes" linked to the lesser performance of the Dow Jones Industrial Average® and the Nasdaq-100 Index®, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to January 4, 2030, with the earliest automatic call on January 4, 2027.
The notes pay no interest or dividends. On any Review Date, if the closing level of each index is at or above its Call Value, the notes are automatically called and pay back principal plus a fixed Call Premium that increases over time, with minimum Call Premium Amounts of $97.50, $195.00, $292.50 and $390.00 per $1,000 at successive Review Dates. Being called on the final Review Date would pay at least $1,390 per $1,000.
If never called, principal repayment at maturity depends on the lesser performing index and can result in significant or total loss of principal. The minimum denomination is $1,000. If priced today, the estimated value would be about $948.50 per $1,000, and will not be less than $920.00 when finalized. The notes are not listed, involve liquidity and valuation risks, and are subject to complex U.S. tax treatment.
JPMorgan Chase Financial Company LLC plans to issue Capped Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on June 11, 2027. Each $1,000 note offers 1.20x upside exposure to index gains, capped at a maximum return of at least 15.35% at maturity, and includes a 15% downside buffer.
If the index finishes down more than 15%, investors lose 1% of principal for each 1% decline beyond that level, for a maximum loss of 85% of principal. The notes pay no interest, provide no dividends, are unsecured and unsubordinated, and are fully and unconditionally guaranteed by JPMorgan Chase & Co., exposing holders to the credit risk of both entities.
The notes will not be listed on an exchange, so liquidity may depend on J.P. Morgan Securities LLC making a market. If priced on the date illustrated, the estimated value would be about $990.10 per $1,000 note and will not be less than $960.00 when finalized, reflecting structuring and hedging costs.