JPMorgan Chase Financial Company LLC is offering auto callable yield notes linked to the common stock of Broadcom Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay an interest rate of at least 10.50% per annum, or at least 2.625% per quarter, as long as they are outstanding.
The notes may be automatically called on any review date from December 7, 2026 onward if Broadcom’s share price is at or above the initial value, in which case investors receive principal plus the applicable interest payment and no further coupons. If the notes are not called and Broadcom’s final share price is below a trigger value set at 50% of the initial value in the hypotheticals, investors lose 1% of principal for each 1% decline from the initial value, and can lose most or all of their investment.
The price to public is $1,000 per note, with fee-based advisory accounts paying no less than $971.50 per $1,000, and selling commissions on brokerage sales capped at $28.50 per $1,000. The preliminary estimated value is about $950 per $1,000, and will not be less than $930 per $1,000 when set, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, not listed, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and offer no dividends or voting rights in Broadcom.
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, maturing on December 24, 2030. Each note has a $1,000 denomination and can pay a quarterly contingent coupon of at least 10.50% per annum (at least $26.25 per quarter) if, on a review date, the Index is at or above 50% of its initial level.
The notes are automatically called, starting with the December 21, 2026 review date, if the Index is at or above its initial level, returning $1,000 plus the due coupon and ending further payments. If held to maturity and not called, investors receive $1,000 plus the final coupon if the Index is at or above 50% of its initial level, but take a one-for-one loss if it finishes below that threshold, risking a loss of more than half, up to all, of principal.
The Index embeds a 6.0% per annum daily deduction, which drags on performance and can cause it to lag an otherwise similar index. The preliminary estimated value is about $923 per $1,000 note, reflecting structuring and hedging costs, and secondary market liquidity is expected to be limited.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Small-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent interest rate of at least 11.00% per annum (at least $27.50 per $1,000) only if, on a Review Date, the Index is at or above 60% of its initial level.
The notes may be automatically called on any Review Date from June 18, 2026 (except the first and final dates) if the Index is at or above its initial level, returning $1,000 plus the applicable contingent interest. If the notes are not called and the Index is below the 60% trigger at maturity, investors lose principal in line with the Index decline and can lose their entire investment.
The underlying Index uses leveraged exposure to E-mini Russell 2000 futures and is subject to a 6.0% per annum daily deduction, which drags performance and can cause decline even when futures are flat or modestly positive. Payments on the notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial and depend on the credit of both the issuer and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC plans to issue auto callable yield notes linked to the common stock of Broadcom Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay an annual interest rate of at least 10.50%, credited quarterly at a rate of at least 2.625%, as long as the notes remain outstanding and are not automatically called.
The notes may be automatically called on any review date starting on December 7, 2026 if Broadcom’s share price is at or above the initial value, returning principal plus the applicable interest payment. If the notes are not called and Broadcom’s final share price falls below a trigger level, investors lose 1% of principal for each 1% decline from the initial value and can lose most or all of their investment. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not bank deposits or FDIC insured, may have limited liquidity, and have an estimated value of about $950 per $1,000 principal (and not less than $930 when finalized), reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Amazon.com, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent interest rate of at least 12.10% per annum (at least $30.25 per $1,000 note per quarter) only if Amazon’s share price on a Review Date is at or above the Interest Barrier, set at 70.00% of the Strike Value, or $160.769.
The notes can be automatically called on any Review Date other than the first and last if Amazon’s share price is at or above the Strike Value of $229.67, with investors receiving principal plus due and unpaid contingent interest. If the notes are not called and Amazon’s final share price on May 25, 2027 is below the Trigger Value (also 70.00% of the Strike Value), repayment of principal is reduced one-for-one with Amazon’s decline, and investors may lose all of their investment.
The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial, guaranteed by JPMorgan Chase & Co., and are not bank deposits or FDIC insured. They will not be listed on any securities exchange. The preliminary estimated value is approximately $970.00 per $1,000 note and will not be less than $950.00, reflecting embedded selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Small-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in minimum denominations of $1,000 and are scheduled to mature on December 24, 2030, unless automatically called earlier.
The notes pay a contingent interest rate of at least 13.50% per annum, or at least 3.375% per quarter, but only for review dates when the Index level is at or above 60% of its initial value, which serves as both the interest barrier and trigger level. If, on any review date other than the first and final, the Index is at or above its initial value, the notes are automatically called, and investors receive $1,000 plus the applicable contingent interest, with no further payments.
If the notes are not called and the final Index level on the last review date is at or above the 60% trigger, investors receive $1,000 plus the final contingent interest. If the final level is below the trigger, repayment of principal is reduced one-for-one with the Index loss, and investors can lose more than 40% and up to all of their principal. The underlying Index includes a 6.0% per annum daily deduction, which is a structural drag on Index performance, and the notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
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 Meta Platforms, Inc., due May 31, 2028. Each note has a $1,000 denomination and pays a Contingent Interest Rate of at least 12.60% per annum (3.15% per quarter) only if Meta’s closing share price on a Review Date is at or above the Interest Barrier, set at 70.00% of the Strike Value.
The Strike Value is $636.22, set on November 25, 2025, so the Interest Barrier and Trigger Value are $445.354. If Meta’s price on any Review Date from May 26, 2026 (excluding the first and final Review Dates) is at or above the Strike Value, the notes are automatically called, and investors receive $1,000 plus the current and any unpaid contingent interest.
If the notes are not called and Meta’s final price is at or above the Trigger Value, investors receive $1,000 plus the final and any unpaid contingent interest. If the final price is below the Trigger Value, repayment is reduced in line with the stock’s loss, so investors can lose more than 30% and up to all principal. The notes do not pay fixed interest or dividends and are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value would be about $970 per $1,000 note if priced today, and will not be less than $950 when set.
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, maturing on December 23, 2030. The notes pay a contingent interest rate of at least 9.50% per annum (at least $23.75 per quarter per $1,000) only if the Index on a Review Date is at or above 50.00% of its Initial Value, which is both the Interest Barrier and Trigger Value.
The notes may be automatically called on any Review Date from December 18, 2026 (except the first three and final Review Dates) if the Index is at or above the Initial Value, returning $1,000 plus the applicable contingent interest. If the notes are not called and the Final Value is below the Trigger Value, investors receive $1,000 plus $1,000 times the Index Return, and can lose more than 50% or all principal.
The underlying Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures with a 6.0% per annum daily deduction, which drags on performance and can cause the Index to underperform similar strategies without a deduction. The estimated value of the notes, if priced today, would be approximately $904.40 per $1,000 principal amount and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is issuing unsecured Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment for each Review Date on which the Index closes at or above 60% of its Initial Value, and may be automatically called starting June 22, 2026 if the Index is at or above its Initial Value.
The notes do not guarantee a return of principal; if they are not called and the Final Value is below the Trigger Value (60% of the Initial Value), investors lose 1% of principal for each 1% Index decline, up to a total loss. A hypothetical Contingent Interest Rate of 13.50% per year (3.375% per quarter) is illustrated, and if priced today the estimated value would be about $929.60 per $1,000 note, with a minimum estimated value at pricing of $900.00.
The Index uses dynamic, leveraged exposure (up to 500%) to the Invesco QQQ Trust, Series 1, is subject to a 6.0% per annum daily deduction and a daily notional financing cost, which together drag on performance and can cause the Index to lag or decline even when the underlying asset rises. The notes are not bank deposits, are not FDIC insured, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes run to December 23, 2030 and can be automatically called as early as June 18, 2026 if the Index is at or above its Initial Value on a review date.
Investors may receive a quarterly Contingent Interest Payment at a rate of at least 11.00% per annum when the Index is at or above 60% of the Initial Value, which serves as both the Interest Barrier and Trigger Value in the examples. If the notes are not called and the Final Value is below the Trigger Value, principal is reduced one-for-one with the Index decline, potentially resulting in a total loss.
The underlying Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, targets 35% implied volatility and applies a 6.0% per annum daily deduction, which materially drags performance. The notes are unsecured obligations, pay no dividends, are not FDIC insured and have an estimated value of about $900.80 per $1,000 principal, not less than $900.00 at pricing.