JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent buffered return enhanced notes linked to the EURO STOXX 50® Index, maturing on November 30, 2027. The notes may be automatically called on December 8, 2026 if the Index closes at or above the strike level, paying $1,000 plus a call premium of at least 15.06% per note on the call settlement date.
If not called and the Index ends above the strike, investors receive an uncapped leveraged upside of at least 1.50x the Index gain. If the Ending Index Level is at or up to 20% below the strike, principal is returned at maturity; below that buffer, principal loss is 1% for each 1% Index decline, up to total loss. The minimum denomination is $10,000. The estimated value is about $979.30 per $1,000 note and will not be less than $960.00, reflecting structuring, distribution and hedging costs. Key risks include loss of principal, issuer and guarantor credit risk, reinvestment and liquidity risk, complex tax treatment and potential conflicts of interest.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., plans to issue auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on December 23, 2030. The notes target investors seeking high, contingent quarterly interest of at least 9.50% per annum, paid only when the Index closes at or above 50% of its initial level on a review date.
The notes can be automatically called as early as December 18, 2026 if the Index is at or above its initial value on certain review dates, returning principal plus the applicable interest coupon. If the notes are never called and the Index finishes below the 50% trigger level at maturity, investors lose 1% of principal for every 1% Index decline, potentially up to a total loss. The underlying Index is complex, uses leverage up to 500%, and embeds a 6.0% yearly fee plus a financing cost, which drags performance and can cause the Index to underperform the QQQ Fund and similar strategies. The preliminary estimated value is about $904.40 per $1,000 note, with a final value not less than $900.00.
JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on November 30, 2027 and are issued in minimum denominations of $1,000.
Investors may receive a contingent monthly interest payment only when the closing level of each index on a Review Date is at or above 70% of its Strike Value. A hypothetical contingent interest rate of 11.50% per annum (0.95833% per month) is used for illustrations, and the actual rate will be at least this level and set at pricing. The notes can be called at the issuer’s option on certain Interest Payment Dates starting May 29, 2026, which would stop any future interest payments.
If the notes are not redeemed early and the Final Value of the least performing index is below its Trigger Value (70% of Strike), principal is reduced 1% for each 1% decline, potentially down to zero. The estimated value is currently indicated at approximately $979.80 per $1,000 note and will not be less than $940.00, lower than the issue price because it includes selling commissions, hedging costs and projected profits. The notes are unsecured, subject to the credit risk of both the issuer and JPMorgan Chase & Co., and will not be listed on any exchange.
JPMorgan Chase Financial Company LLC plans to offer auto callable accelerated barrier notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing in December 2028 and fully guaranteed by JPMorgan Chase & Co. Each note has a minimum denomination of $1,000. If, on the December 2026 review date, all three indices are at or above their call values, the notes are automatically called and pay back principal plus a call premium of at least $220 per $1,000 note.
If not called and each index finishes above its initial value at maturity, investors receive principal plus 150% of the gain in the least performing index. If any index finishes between 70% and 100% of its initial value, principal is returned. If any index closes below 70% of its initial value, principal is reduced one-for-one with the loss in the least performing index, up to a total loss. The preliminary estimated value is about $986.80 per $1,000 note, reflecting selling, structuring and hedging costs. The notes pay no interest or dividends and expose investors to issuer and market risk.
JPMorgan Chase Financial Company LLC is offering capped structured notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target investors who want index-linked upside over roughly five years, with a participation rate of 108.70% in any positive Index return, but with gains capped by a Maximum Amount of at least $500 per $1,000 note.
At maturity in December 2030, investors receive their $1,000 principal per note plus an Additional Amount based on Index performance, up to the cap. If the Index is flat or down, only principal is repaid, so there is no downside participation but also no interest payments over the life of the notes.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial and carry the credit risk of both the issuer and JPMorgan Chase & Co., and they are not bank deposits or FDIC insured. The indicative estimated value is about $948.20 per $1,000 note, and will not be less than $900.00, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes will not be listed on an exchange, and secondary market liquidity and pricing may be limited.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target investors seeking high contingent income in exchange for meaningful downside risk and limited upside.
The notes can pay a contingent interest rate of at least 10.50% per annum, paid quarterly (at least 2.625% per quarter), but only for review dates when the index closes at or above 60% of its initial value. Starting June 18, 2026, the notes are automatically called if the index is at or above its initial value, returning principal plus the applicable interest and ending all future payments.
If the notes are not called and the final index level is at least 60% of the initial value, investors receive principal back plus the last contingent interest payment. If the final level is below 60%, repayment 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 applies a 6.0% per annum daily deduction and a notional financing cost on QQQ exposure, which systematically drags performance versus a similar index without these charges. The notes are unsecured, not FDIC insured, not exchange-listed and carry credit risk of both the issuer and guarantor. If priced on the indicated date, the estimated value would be about $920.80 per $1,000 note, and will not be less than $900.00 per $1,000 when finalized.
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 December 5, 2030. The notes pay a quarterly contingent interest rate of at least 11.30% per annum (at least $28.25 per $1,000) only if, on a Review Date, the Index is at or above 60% of its Initial Value.
The notes are automatically called, starting June 1, 2026, if on any non‑first, non‑final Review Date the Index closes at or above its Initial Value, returning $1,000 plus the applicable interest, with no further payments. If held to maturity and the Final Value is at or above 60% of the Initial Value, investors receive $1,000 plus the final interest; if below, repayment is reduced one‑for‑one with the Index loss, potentially down to zero.
The underlying Index is a leveraged, volatility‑targeted E‑mini S&P 500 futures strategy subject to a 6.0% per annum daily deduction, which acts as a persistent drag on performance. The notes are unsecured obligations, exposed to the credit risk of both the issuer and guarantor. The preliminary estimated value is about $901.20 per $1,000 note and will not be less than $900.00 at pricing, reflecting embedded costs and hedging.
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 5, 2030. The notes can pay a contingent interest rate of at least 14.00% per annum (at least 3.50% per quarter) when, on a Review Date, the Index is at or above 60.00% of its Initial Value. If on certain Review Dates (other than the first and final) the Index is at or above the Initial Value, the notes are automatically called and repay $1,000 per note plus the applicable interest, ending future payments.
If the notes are not called and the Final Value is below 60.00% of the Initial Value, repayment at maturity is reduced one-for-one with the Index decline, and investors can lose more than 40% and up to all of their principal. The Index itself includes a 6.0% per annum daily deduction, which creates a drag on performance compared with a similar index without this fee. These unsecured notes, in $1,000 minimum denominations, have an initial estimated value of about $932.20 per $1,000 and will not be less than $900.00 per $1,000 when priced.
JPMorgan Chase & Co. is offering $3,560,000 of callable fixed rate notes maturing on November 27, 2030. The notes pay interest at a fixed rate of 4.35% per annum, with interest paid annually on November 28, beginning in 2026, based on a 30/360 day count. The notes are issued at $1,000 per note, with proceeds to the issuer of $998.228 per $1,000 after fees.
Starting November 28, 2027, and on the 28th calendar day of May and November through May 28, 2030, JPMorgan may redeem the notes at par plus accrued interest on any Redemption Date. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any government agency. In a JPMorgan group resolution under U.S. bankruptcy or Dodd-Frank Title II rules, losses could be imposed on noteholders after equity holders and ahead of subsidiary-level creditors, and recovery could be limited.
JPMorgan Chase & Co. is issuing $4,056,000 of callable fixed rate notes due November 28, 2033. The notes pay interest at 4.60% per annum, with interest paid annually on November 28, starting in 2026, using a 30/360 day count convention.
Beginning November 28, 2027, and then every February, May, August and November 28 through August 28, 2033, the issuer may call the notes at par plus accrued interest. At maturity, if not previously redeemed, investors receive principal plus any accrued and unpaid interest.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency. Total proceeds to the issuer are shown as $4,023,192 after selling commissions of $7.777 per $1,000 note. In a JPMorgan group resolution, holders rank behind creditors of subsidiaries and priority and secured creditors.