JPMorgan Chase Financial Company LLC is issuing $1,059,000 of Callable Contingent Interest Notes due October 25, 2029, linked separately to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, fully guaranteed by JPMorgan Chase & Co.
The notes pay a contingent monthly coupon at a 10.00% per annum rate (0.83333% per month) only when each index closes at or above 77.00% of its initial value. Principal is at risk: if, at final valuation, the least performing index finishes below 70.00% of its initial value, investors lose 1% of principal for each 1% index decline, potentially up to a total loss.
The issuer can redeem the notes early on designated interest payment dates starting May 27, 2026, limiting future coupons. The price to public is $1,000 per note, with estimated value of $939.20 reflecting selling, structuring and hedging costs. The notes are unsecured, not FDIC insured, and expose investors to JPMorgan credit risk, equity market volatility, sector, small-cap and non-U.S. securities risks, and limited liquidity.
JPMorgan Chase Financial Company LLC is offering $406,000 of capped buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest or dividends and return at maturity 1.00 times any positive Index performance, capped at a maximum return of 30.25%.
Principal is protected only within a 20.00% downside buffer. If the Index is down more than 20% at maturity, investors lose 1% of principal for each additional 1% decline, for a possible loss of up to 80.00% of principal. The notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor.
The per-note price to the public is $1,000, with estimated value at issuance of $974.60 after internal funding and structuring costs. Fees and commissions total $3,357, with net proceeds to the issuer of $402,643. The notes are not bank deposits, are not FDIC insured and will not be listed on an exchange, so liquidity will depend on dealer interest.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $775,000 of Buffered Digital Notes linked to the lesser performing of the S&P 500 Index and the Russell 2000 Index, maturing on November 26, 2027. The notes offer a fixed return of 27.00% at maturity if the final level of each index is at or above its initial level.
Principal is protected only by a 10.00% downside buffer. If either index falls by more than 10% from its initial level, investors lose 1% of principal for each additional 1% decline, up to a maximum loss of 90.00% of principal. The notes pay no periodic interest and do not provide dividends from the underlying stocks.
The price to public is $1,000 per note, including $9.50 in selling commissions, for net proceeds of $990.50 per note to the issuer. The estimated value at pricing was $976.40 per $1,000 note, reflecting selling costs and hedging-related charges, and the notes are unsecured, unsubordinated obligations subject to the credit risk of both issuing and guaranteeing entities.
JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co., is offering $1,050,000 of callable contingent interest notes linked to the Consumer Discretionary Select Sector SPDR Fund, the Russell 2000 Index and the Technology Select Sector SPDR Fund, maturing on October 26, 2027.
The notes pay a contingent interest rate of 12.35% per annum (1.02917% per month) only for review dates when the closing value of each underlying is at or above 70% of its initial value. If any underlying is below this barrier on a review date, no interest is paid for that period. JPMorgan may redeem the notes early on specified interest payment dates starting February 26, 2026, returning principal plus any due interest.
Principal is at risk: if the notes are not redeemed early and the final value of the least performing underlying is below 60% of its initial value, investors lose 1% of principal for every 1% decline, up to a total loss. Even if above 60%, returns are limited to the sum of contingent interest received. The notes are unsecured obligations, not bank deposits or FDIC insured. The estimated value at pricing was $976.30 per $1,000, below the $1,000 issue price due to selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $3,000,000 of Market Linked Securities, Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk, linked to the lowest performing of the Nasdaq-100® Technology Sector IndexSM, the Dow Jones Industrial Average® and the EURO STOXX 50® Index, due November 27, 2028.
Each $1,000 security pays a 10.30% per annum contingent coupon, but only for quarters when the lowest performing index closes at or above its threshold level, set at 75% of its starting level. From May 2026 to August 2028, if on any quarterly calculation day the lowest performing index is at or above its starting level, the notes are automatically called at par plus the applicable coupon.
If the notes are not called and, on the final calculation day, the lowest performing index is below its threshold level, investors are fully exposed to that index’s decline and can lose more than 25%, up to all, of principal. The price to public is $1,000 per security, including $23.25 in fees and commissions, with issuer proceeds of $976.75 per security and an estimated value of $952.20 per security, reflecting structuring, distribution and hedging costs.
JPMorgan Chase Financial Company LLC is issuing $345,000 of Callable Contingent Interest Notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon at an annual rate of 8.10% (0.675% per month) only for review dates when each index closes at or above 70.00% of its initial value, called the Interest Barrier.
The issuer may redeem the notes early, in whole, on specified interest payment dates beginning on February 26, 2026, which would stop future contingent interest. If the notes are not redeemed and, at maturity, the least performing index is below its Trigger Value (70.00% of initial), principal is reduced 1% for every 1% decline in that index and can fall to zero. If the least performing index is at or above its Trigger Value, principal is repaid and any final contingent interest is added.
The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed, may have limited or no liquidity, and their initial estimated value is $959.30 per $1,000 note, lower than the $1,000 price to the public due to embedded costs and hedging.
JPMorgan Chase & Co. is offering callable zero coupon notes due December 11, 2050. Each note has a $1,000 principal amount but is sold at $222.638, with no periodic interest and a yield to maturity of 6.10% per year, compounded semiannually on a 30/360 basis.
The notes may be redeemed in whole, but not in part, on June 11 and December 11 of each year from December 11, 2027 through June 11, 2050 at the “Accreted Principal Amount” shown in the accretion schedule, starting at $251.068 per $1,000 on December 11, 2027 and rising to $970.403 on June 11, 2050. If not called, investors receive 100% of principal at maturity, subject to the stated day-count and business-day conventions.
On an event of default, the amount due per $1,000 will be the Accreted Principal Amount on the acceleration date. The notes are unsecured obligations of JPMorgan Chase & Co., and in a resolution scenario losses would be borne by equity holders first and then unsecured creditors, including holders of these notes. The notes are expected to be issued with original issue discount for U.S. federal tax purposes.
JPMorgan Chase Financial Company LLC is issuing $1,752,000 of Auto Callable Contingent Interest Notes linked to the lesser performer of the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $7.75 per $1,000 (a 9.30% annual rate) only if on a Review Date each underlying is at or above 70% of its initial value, and they may be automatically called as early as February 23, 2026 if both are at or above their initial values.
If the notes are not called and either underlying finishes below 60% of its initial value at maturity in May 2027, investors lose principal in proportion to the decline and could lose their entire investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not listed, and the estimated value at pricing was $957.50 per $1,000, below the $1,000 issue price due to selling, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is issuing $1,366,000 of Buffered Digital Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a fixed 11.10% contingent digital return at maturity if the Index’s final level on the February 22, 2027 observation date is at or above the initial level of 6,602.99.
Principal is protected only by a 15.00% buffer: if the Index is down more than 15.00%, investors lose 1% of principal for each additional 1% decline, with a minimum payout of $150.00 per $1,000 note. The notes pay no interest, provide no dividends, are unsecured, will not be listed, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, while the estimated value at pricing was $987.20, reflecting embedded structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $764,000 of Capped Dual Directional Accelerated Barrier Notes linked to the least performing of the Nasdaq-100 Index, the Energy Select Sector SPDR Fund and the VanEck Semiconductor ETF, maturing on May 25, 2028 and fully guaranteed by JPMorgan Chase & Co.
The notes provide 2.40x leveraged upside on the least performing underlying, capped at a 60.00% maximum upside return (maximum payment of $1,600 per $1,000 note) if all underlyings finish above their initial values. If any underlying is at or below its initial value but all stay at or above 60.00% of initial value, investors receive an uncapped return equal to the absolute loss on the worst performer, up to 40.00% (maximum $1,400 per $1,000 note when the worst underlying is down 40%).
If any underlying closes below its 60.00% barrier, principal is exposed 1:1 to the decline of the least performing underlying, and investors can lose most or all of their investment. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, will not be listed, and may trade at prices below the $1,000 issue price. The estimated value at pricing was $955.50 per $1,000, reflecting embedded selling commissions and hedging costs.