Every 424B that JPMorgan Chase & Co. (JPM) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow JPM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JPM filings page.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Trigger Performance Leveraged Upside Securities (“Trigger PLUS”) linked to the S&P 500® Index, maturing on October 5, 2032, under its Series A medium-term note shelf program. Each note has a $1,000 stated principal amount, pays no interest and is unsecured, unsubordinated debt of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, if the index is above its initial level, holders receive $1,000 plus a leveraged gain of at least 137.20% of the index percent increase, capped at a maximum payment of $1,850 per note. If the index is at or below the initial level but at or above 85% of that level (the trigger), investors receive only their $1,000 principal. If the index closes below the trigger, repayment is fully exposed to index losses on a 1-for-1 basis, and investors can lose a significant portion or all of their investment.
The issue price is $1,000 per note, including selling commissions and a structuring fee, with issuer proceeds of $965 per note plus an additional $5 per note in structuring fee to Morgan Stanley Wealth Management. If priced on the reference date, the estimated value would be about $956.90 per $1,000, and will not be less than $930.00 on the pricing date. The notes will not be listed on any exchange, may have limited liquidity, and their value and payments are subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC and guaranteed by JPMorgan Chase & Co., is offering callable range accrual notes linked to the 10-Year CMT Rate, maturing on August 31, 2036.
The notes pay a fixed 10.50% per annum during the initial interest periods from issuance through August 31, 2027, with monthly interest payments. After that, interest becomes variable and accrues only on days when the 10-Year CMT Rate is at or below 5.00%, with a maximum rate of 10.50% and a minimum of 0.00% per annum. The notes are callable at the issuer’s option on the last calendar day of each month, from August 31, 2027 to maturity, at 100% of principal plus accrued interest if redeemed.
The offering size is $4,800,000 (denomination $1,000 per note), with selling commissions of $40.00 per $1,000 and net proceeds of $960.00 per $1,000 (total $4,608,000). The estimated value at pricing is $919.60 per $1,000. Payments depend on the 10-Year CMT Rate and the calculation agent may determine or replace this rate under specified conditions.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Auto Callable Contingent Interest Notes linked to the MerQube US Gold Vol Advantage Index, maturing September 7, 2029 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly Contingent Interest Payment only if the Index is at or above 65% of its Initial Value (the Interest Barrier) on the relevant Review Date, with previously missed coupons paid when the barrier is next met. The notes may be automatically called as early as September 7, 2027 if the Index is at or above the Call Value (90% of Initial Value in the hypotheticals), in which case principal plus applicable interest (including unpaid coupons) is repaid early. If the notes are not called and the Final Index Value is below the Trigger Value (65% of Initial Value), investors receive $1,000 plus $1,000 times the Index Return and can lose a significant portion or all of principal.
The Index provides leveraged, rules-based exposure (0%–500%) to gold futures while targeting 35% implied volatility and is reduced by a 6.0% per annum daily deduction, which creates a performance drag versus an identical index without such a fee. The preliminary estimated value is about $950 per $1,000 note and will not be less than $930 at pricing. The notes are not bank deposits, are not FDIC insured, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering auto-callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing October 2, 2031. Each note has a $1,000 denomination, with expected pricing on or about September 28, 2026 and settlement on or about September 30, 2026.
The notes pay a contingent interest rate of at least 10.85% per annum only on Review Dates when the Index is at or above 75% of its Initial Value; missed interest can be paid later if conditions are met. Notes are automatically called (from September 28, 2027 onward) if the Index is at or above its Initial Value on certain Review Dates, returning $1,000 plus due interest.
If not called, principal is protected only down to a 15% buffer: if the Final Value is below 85% of Initial Value, investors lose 1% of principal for each 1% decline beyond that, up to an 85% loss. The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost and can use leverage up to 500%, which can significantly drag performance. The estimated value is about $913 per $1,000 note (not less than $900) and payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM) is fully and unconditionally guaranteeing auto callable contingent interest notes issued by JPMorgan Chase Financial Company LLC, linked to the MerQube US Tech+ Vol Advantage Index and maturing August 29, 2031. The offering totals $179,000 in principal, at $1,000 per note, with selling fees of $40.4120 per note and issuer proceeds of $959.5880 per note. The estimated value at pricing was $915.70 per $1,000 note.
The notes pay a 10.50% per annum Contingent Interest Rate (2.625% quarterly) only when the Index closes at or above the Interest Barrier of 50% of the Initial Value on a Review Date. They are automatically called, starting as early as August 26, 2027, if the Index is at or above the Initial Value on designated Review Dates, returning principal plus the applicable contingent interest. If not called and the Final Value is below the Trigger Value (also 50% of Initial Value), repayment of principal is reduced one-for-one with the Index loss, down to zero.
The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost (SOFR plus 0.50%), and can employ up to 500% leverage to a QQQ Fund-based strategy targeting 35% implied volatility. These deductions and leverage create substantial risk, including potential loss of all principal, no interest over the life of the notes, and secondary market prices likely below the issue price. Payments are subject to the credit risk of both JPMorgan Chase Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $5,441,000 of Uncapped Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, maturing on August 29, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are designed to provide an uncapped leveraged payoff of 2.085× any positive index performance at maturity, with a 10% downside buffer. If the index falls by 10% or less, investors receive principal back; beyond that, losses match the index decline in excess of 10%, up to a maximum loss of 90% of principal. The minimum denomination is $1,000.
The price to the public is $1,000 per note, including $35.50 in selling commissions, for issuer proceeds of $964.50 per note. The estimated value at pricing is $953.30 per $1,000 note, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed, and may have limited or no secondary market liquidity.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $607,000 of auto callable accelerated barrier notes linked to the lesser performance of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on August 31, 2027 if each index is at or above its Call Value, paying $1,095 per $1,000 note including a $95 call premium. If not called and both indices finish above their initial levels at maturity on August 31, 2028, holders receive an uncapped leveraged payoff of 1.50× the return of the lesser-performing index. If either index finishes at or below its initial level but both remain at or above 70% of initial, principal is returned; if either falls below this barrier, repayment is reduced one-for-one with the loss of the lesser-performing index, down to full principal loss. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not exchange-listed and carry an estimated value of $953.40 per $1,000 note at pricing, lower than the issue price due to selling, structuring and hedging costs.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is issuing Auto Callable Buffered Return Enhanced Notes linked to the S&P 500® Index under its shelf registration. The notes are unsecured, unsubordinated obligations of the finance subsidiary, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on three Review Dates if the Index closing level is at or above the Index Strike Level of 7,677.28, paying $1,000 plus call premiums of 5.025%, 10.05% or 15.075% depending on when called. If never called and the Ending Index Level is above the strike, investors receive an uncapped leveraged payoff of 1.25× the Index Return; if the Index is down by up to the 20.00% Contingent Buffer Amount, principal is returned.
If the notes are not called and the Index is more than 20% below the strike at maturity, repayment is reduced 1% for each 1% decline, up to a total loss of principal. The offering size is $750,000 at $1,000 per note, with proceeds to the issuer of $738,750. The estimated value is $979.60 per $1,000 note, reflecting structuring and distribution costs and internal funding assumptions.
JPMorgan Chase & Co. (JPM), via subsidiary JPMorgan Chase Financial Company LLC, is issuing $312,000 of Auto Callable Contingent Interest Notes due August 29, 2031, linked to the MerQube US Large-Cap Vol Advantage Index and guaranteed fully and unconditionally by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 18.35% per annum (4.5875% quarterly) only when, on a Review Date, the Index is at or above 70% of its Initial Value (the Interest Barrier). The notes are automatically called—paying $1,000 principal plus that period’s interest—if on any Review Date from February 26, 2027 onward (excluding the final date) the Index is at or above its Initial Value.
If never called and at maturity the Index is at or above 60% of the Initial Value (the Trigger Value), principal is repaid and any final contingent interest is paid. If the Final Value is below 60%, repayment equals $1,000 plus $1,000 times the Index return, so principal loss can exceed 40% and may reach 100%. The underlying Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, applies a 6.0% per annum daily deduction that drags performance, and targets 35% implied volatility. The estimated value of the notes at pricing was $927.20 per $1,000, below the $1,000 issue price due to selling, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of both the issuer and JPMorgan Chase & Co. and will not be listed, so liquidity may be limited.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Auto Callable Buffered Return Enhanced Notes linked to the EURO STOXX 50® Index. The notes may be automatically called on September 28, 2027 if the index is at or above its initial level, paying $1,000 plus at least 13.75% per note on the call settlement date.
If not called, at maturity on September 20, 2028 investors receive leveraged upside of at least 1.25× any positive index return, full principal back if the index is down up to 15%, and a leveraged loss of 1.17647% of principal for each 1% decline beyond that buffer. The minimum denomination is $10,000. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and fully and unconditionally guaranteed by JPMorgan Chase & Co., and are not FDIC insured. The estimated value is about $980.10 per $1,000 at current conditions and will not be less than $970.00 when set.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is issuing $1,596,000 of unsecured Review Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing August 31, 2033 and subject to an automatic call feature starting August 27, 2027. The notes are issued in $1,000 minimum denominations, priced at 100% of principal with $20 per-note selling commissions, providing $980 in proceeds per note to the issuer. The estimated value is $925.20 per $1,000 note, reflecting internal funding and hedging costs. Investors forgo interest and dividends and face downside to the Index: if not called and the Index ends below a barrier, repayment is reduced one-for-one with the Index loss, potentially to zero. The Index itself is complex, using up to 500% leveraged exposure to the Invesco QQQ Fund with a 35% target volatility, a 6.0% per annum daily index deduction and a daily notional financing cost, all of which drag on index performance relative to a similar index without such charges.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated auto callable structured notes linked to the least performing of Micron, NVIDIA and Amazon common stocks, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 minimum denomination and a 100% participation rate in the appreciation of the worst-performing stock if the notes are not called.
The notes may be automatically called on October 1, 2027 if each stock’s closing price is at or above its Call Value (100% of its Initial Value), paying $1,000 plus a Call Premium Amount of at least $180 per note, with no further payments. If not called, at maturity on September 28, 2029 investors receive full principal repayment plus an Additional Amount equal to $1,000 × Least Performing Stock Return × 100%, floored at zero, providing equity upside but no loss of principal if held to maturity, subject to the credit risks of JPMorgan Financial and JPMorgan Chase & Co.
The indicative estimated value is approximately $950 per $1,000 note on the date of this draft and will not be less than $930 per note when finalized, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes pay no interest or dividends, are not listed on any exchange, and are treated as contingent payment debt instruments for U.S. federal income tax purposes, requiring accrual of original issue discount.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Uncapped Digital Barrier Notes linked to the lesser performing of the S&P 500 Index and the Russell 2000 Index, maturing on September 16, 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide uncapped, unleveraged upside to any appreciation of the lesser performing index at maturity, with a Contingent Digital Return of at least 51.75% if both indices finish at or above their initial levels. If either index is below its initial level but both remain at or above 75% of initial (the Barrier Amount), investors receive par. If either index closes below its Barrier Amount, repayment becomes linear to the downside, based on the lesser performer, and investors can lose more than 25% and up to all principal.
The minimum denomination is $1,000. The example estimated value is $949.20 per $1,000, and the final estimated value will not be less than $900, reflecting embedded selling commissions, structuring fees and hedging costs. The notes pay no interest, provide no dividends, are not listed, and expose holders to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMORGAN CHASE & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering callable fixed rate notes fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a fixed interest rate of 5.15% per annum, using a 30/360 day count convention, with interest payable annually on September 14 from 2027 through 2030 and on the September 12, 2031 maturity date, subject to earlier redemption.
The issuer may redeem the notes in whole, but not in part, on the 14th calendar day of March and September of each year from September 14, 2027 through March 14, 2031 at par plus accrued interest. The price to the public is expected to be $1,000 per $1,000 principal amount, with possible sales between $990.10 and $1,000 for certain institutional or fee-based accounts. Indicative selling commissions are approximately $2.00 per $1,000 note and will not exceed $12.50 per $1,000.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering auto callable dual directional accelerated barrier notes linked to the lesser performing of the iShares MSCI South Korea ETF (EWY) and the Nikkei 225 Index, maturing on September 5, 2031 and guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on September 7, 2027 if each underlying is at or above its Call Value (100% of its Initial Value), paying $1,000 plus a call premium of at least $200 per $1,000. If not called and both finals exceed their initials, maturity pays $1,000 plus 2.8255× the return of the lesser-performing underlying. If either finishes below its Initial Value but both remain at or above the 50% Barrier Amount, holders receive an absolute-return payout on the lesser performer, capped at $1,500 per $1,000.
If either underlying’s Final Value is below its 50% Barrier and the notes are not called, repayment is $1,000 plus the lesser-performing return, leading to losses beyond 50% and possibly a total loss. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk, and have an estimated value of about $931.20 per $1,000 at pricing, not less than $900.
JPMorgan Chase & Co. (JPM), via its finance subsidiary JPMorgan Chase Financial Company LLC, is offering auto callable dual directional accelerated barrier notes linked to the least-performing of Caterpillar, Vertiv and Super Micro Computer stock, maturing on September 6, 2029 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes, in minimum denominations of $1,000, may be automatically called on the September 7, 2027 review date if each reference stock is at or above 70.00% of its initial value, paying principal plus a call premium of at least $570.00 per $1,000 note. If not called, maturity payments depend on the worst-performing stock: 3.00x upside participation for gains, or a “dual directional” payoff where losses up to 50% generate positive returns, provided each stock stays at or above its 50.00% barrier. Below the barrier on any stock, investors lose 1% of principal for each 1% decline in the least-performing stock and can lose all principal.
The notes pay no interest or dividends, are unsecured obligations of the subsidiary subject to the credit risk of both issuers, will not be listed, and may be accelerated upon certain delisting events. An indicative estimated value is $910.00 per $1,000 note, and at pricing it will not be less than $880.00, reflecting selling commissions, hedging costs and issuer funding spread.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering callable fixed rate notes due September 12, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay fixed interest of 5.00% per annum, calculated on a 30/360 day-count basis.
Interest is paid annually in arrears on September 14 of each year from 2027 to 2030 and at maturity, subject to earlier redemption. The issuer may call the notes at par plus accrued interest on the 14th of March and September, from September 14, 2027 through March 14, 2031.
The expected public offering price is $1,000 per $1,000 principal amount note, with certain institutional or fee-based accounts paying between $990.10 and $1,000. Selling commissions, if the notes priced on the date referenced, would be about $6.50 and will not exceed $17.50 per $1,000 note. The notes are treated as fixed-rate debt for U.S. federal income tax purposes and are not bank deposits or FDIC insured. Significant risk factors and potential secondary-market price volatility are highlighted.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Capped Enhanced Participation Equity Notes linked to the Russell 2000® Index under its Series A medium-term note program, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a $1,000 principal amount per note, no interest payments, trade date on or about September 1, 2026, settlement on or about September 4, 2026, determination date March 1, 2027 and stated maturity date March 3, 2027. At maturity, investors receive $1,000 plus 1.5 times any positive index return, capped so that the payment does not exceed an expected $1,125.10–$1,146.70 per $1,000 note; if the index is below its initial level, principal is reduced one-for-one, down to zero.
The notes are sold at 100% of principal with underwriting commissions up to 0.73%, and an estimated value expected between $980.80 and $990.80 per $1,000, reflecting selling, structuring and hedging costs. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed, and may have limited or no secondary market. Tax treatment is uncertain; counsel views them as prepaid financial contracts, and the issuer currently expects Section 871(m) withholding to not apply, though the IRS could disagree. Exposure is to small‑capitalization U.S. equities via the Russell 2000, whose closing level on August 25, 2026 was 3,010.022, and investors do not receive dividends or voting rights.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $333,000 of unsecured Callable Contingent Interest Notes linked individually to the Russell 2000 Index, the State Street Energy Select Sector SPDR ETF and the EURO STOXX 50 Index, maturing on August 31, 2028 and fully guaranteed by JPMorgan Chase & Co.
The notes pay a 10.30% per annum Contingent Interest (0.85833% monthly) only for Review Dates when each underlying is at or above 70.00% of its Initial Value; otherwise, no interest is paid. JPMorgan may redeem the notes early on specified interest payment dates beginning March 3, 2027 at $1,000 plus any due contingent interest. If held to maturity and no early redemption occurs, principal is protected only if the final value of every underlying is at or above its Trigger Value of 60.00% of Initial Value; if any falls below, repayment equals $1,000 plus $1,000 times the return of the least performing underlying, so investors can lose a significant portion or all of principal. The price to public is $1,000 per note, including $6.50 in selling commissions, with net proceeds of $993.50 per note and an issuer-estimated value of $977.20, and the notes are not bank deposits or FDIC insured.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering capped, buffered return enhanced notes linked to the Nasdaq-100 Index®, due September 28, 2028. The notes provide 1.50x upside on index gains, capped at a maximum return of at least 28.75% at maturity and pay no interest.
The structure includes a 15.00% downside buffer: if the index is flat or down by up to 15%, investors receive their $1,000 principal back. If the index falls by more than 15%, principal is reduced 1% for each additional 1% decline, for a maximum loss of 85.00% of principal. The minimum denomination is $1,000, and payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
If the notes were priced on the described date, the estimated value would be about $984.10 per $1,000 note, and the final estimated value at pricing will not be less than $950.00 per $1,000. The notes will not be listed, may be illiquid, and secondary prices are expected to be below the original issue price.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured Digital Buffered Notes linked to the S&P 500® Index under a shelf registration. The notes target investors seeking a fixed, contingent payoff rather than direct equity exposure.
The notes offer a Contingent Digital Return of at least 11.49%, giving a maximum payment of $1,114.90 per $1,000 at maturity if the S&P 500 ending level is at or above its initial level or down by up to the 15.00% Buffer Amount. Below this buffer, principal is lost on a leveraged basis: investors lose 1.17647% of principal for each 1% index decline beyond the 15% buffer, up to total loss. The notes pay no interest or dividends, are not listed, and secondary market liquidity depends on J.P. Morgan Securities LLC. Estimated value at launch is expected to be below the $1,000 issue price (illustratively about $981, with a disclosed minimum of $970), reflecting selling commissions, hedging costs and issuer funding spread, and all payments are subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), as guarantor of notes issued by JPMorgan Chase Financial Company LLC, is offering Digital Buffered Notes linked to the S&P 500® Index. The notes target a fixed Contingent Digital Return of at least 7.47% at maturity if the index holds at or above its initial level, or falls by up to a 15% Buffer Amount.
If the S&P 500 declines by more than 15%, principal loss is leveraged: investors lose 1.17647% of principal for each 1% drop beyond the buffer, up to a total loss. The notes pay no interest or dividends, are unsecured and unsubordinated obligations of the finance subsidiary fully and unconditionally guaranteed by JPM, and are subject to both entities’ credit risk. They are not listed, and secondary liquidity depends on J.P. Morgan Securities' willingness to make markets.
The minimum denomination is $10,000 (multiples of $1,000). The expected term runs from an original issue date on or about September 18, 2026 to maturity on October 1, 2027. The estimated value is indicated at about $985.10 per $1,000 note, with a floor of $970.00, lower than the price to public because it excludes selling commissions, hedging costs and dealer profits. The tax characterization as an “open transaction” prepaid contract, and the treatment under Section 871(m) for non‑U.S. holders, remain subject to IRS and regulatory guidance.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes due September 5, 2031 linked to the lesser performance of the Russell 2000® Index and the S&P 500® Index, in minimum denominations of $1,000 per note.
The notes provide an uncapped upside of at least 1.40x any positive return of the lesser performing index at maturity. Principal is fully protected only if each index stays at or above a 75% Barrier Amount of its Initial Value; if either falls below, losses match the decline of the lesser performer, down to a total loss.
The notes pay no interest or dividends, are not bank deposits or FDIC insured, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value, driven by an internal funding rate and option pricing models, is expected to be about $950 per $1,000 note if priced today, and will not be less than $930 at pricing, lower than the issue price due to selling, structuring and hedging costs.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated callable contingent interest notes linked to the lesser performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a Contingent Interest Payment on each review date only if the closing level of each index is at least 74.75% of its Initial ValueTrigger Value of 70% of Initial Value, principal is reduced 1% for each 1% decline in the lesser performing index, down to a total loss.
The issuer may redeem the notes early, in whole, on specified interest payment dates beginning on March 4, 2027, paying $1,000 plus any due contingent interest. The hypothetical contingent interest rate is shown as 10.30% per annum (0.85833% monthly), with the actual rate to be at least that level. The notes mature on August 3, 2029, are issued in $1,000 minimum denominations, will not be listed on any exchange and involve credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
The estimated value, if priced on the example date, would be $954.40 per $1,000, and at pricing will not be less than $900.00 per $1,000, reflecting selling commissions, hedging costs and issuer funding assumptions. The tax treatment is expected to follow a prepaid forward contract with associated contingent coupons, but this treatment is not certain and may change with future IRS guidance.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and is expected to price around September 1, 2026, settle around September 4, 2026, and mature on September 5, 2031.
At maturity, if both indices finish at or above their initial levels, investors receive an uncapped leveraged upside of at least 1.30x the gain of the lesser-performing index. If either index finishes below its initial level but at or above 75% of its initial level (the Barrier Amount), principal is returned. If either index ends below this barrier, repayment is reduced 1% for each 1% decline of the lesser-performing index from its initial level, down to a total loss of principal.
The notes pay no interest, provide no dividends from index constituents, and will not be listed on an exchange, so liquidity will depend on dealer quotes. Estimated value at pricing is expected to be about $950 per $1,000 note, and not less than $930, reflecting selling commissions (up to $32.50 per $1,000), hedging costs and dealer profits. Investors are exposed to market risk of both indices and to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Uncapped Buffered Return Enhanced Notes linked to the S&P 500 Futures Excess Return Index, maturing on September 9, 2031. The notes provide at least 2.09x any positive Index performance at maturity, with no cap.
A 20.00% downside buffer protects principal against moderate Index declines, but if the Index falls by more than 20%, investors lose 1% of principal for each additional 1% decline, up to a maximum loss of 80.00%. The notes pay no interest, are not FDIC insured, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
The minimum denomination is $1,000. If priced on the reference date given, the estimated value would be about $980.90 per $1,000 note and will not be less than $900.00 at issuance, reflecting embedded selling, structuring and hedging costs. The notes will not be listed, so liquidity will depend on JPMS making a market, and secondary prices are expected to be below the original issue price. Tax treatment relies on an “open transaction” prepaid contract approach that remains subject to IRS and Treasury guidance.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering structured medium-term notes titled Contingent Income Callable Securities due August 28, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the worst performer of the EURO STOXX 50®, S&P 500® and Russell 2000® indices and are principal-at-risk.
Investors may receive a 2.875% quarterly contingent coupon ($28.75 per $1,000) only if, on every day in a quarter, each index stays at or above 75% of its initial level (the downside threshold). The issuer can redeem the notes early on specified coupon dates for par plus any due coupon, at its discretion. If held to maturity and any index finishes below its downside threshold, repayment is reduced 1-for-1 with the decline of the worst index and can fall below 75% of principal or to zero. Aggregate principal is $4,369,000, issue price is $1,000 per note, and the estimated value on the pricing date is $943.60 per $1,000.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated uncapped accelerated barrier notes linked to the lesser performing of Invesco QQQ, Series 1 and the Russell 2000 Index, maturing on September 5, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest or dividends. At maturity, if both underlyings finish at or above 75% of their initial values, principal is repaid and, if both are above their initial values, gains on the lesser performer are multiplied by an Upside Leverage Factor of 1.57 with no cap. If either underlying finishes below 75% of its initial value, principal is reduced 1% for each 1% decline of the lesser performer from its initial value, down to a total loss.
The minimum denomination is $1,000. The issuer states that, if priced on the date shown, the estimated value would be about $950 per $1,000 note and will not be less than $930 per $1,000 when set, reflecting embedded costs. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on any exchange, may be accelerated upon certain fund events, and may trade at prices below the original issue price.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering Capped Dual Directional Buffered Equity Notes linked to the Nasdaq‑100 Index®, maturing March 30, 2028 and issued in $1,000 minimum denominations. The notes provide unleveraged exposure to index moves: positive returns for index gains up to a Maximum Upside Return of at least 15.10%, and positive returns equal to the absolute value of index declines up to a 20.00% Buffer Amount.
If the index falls by more than 20%, investors lose 1% of principal for each additional 1% decline, with a maximum loss of 80.00% of principal (minimum maturity payment $200 per $1,000). The notes pay no interest, provide no dividends, are unsecured obligations of JPMorgan Financial fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. They are not listed on an exchange, and secondary market prices are expected to be below the issue price. An indicative estimated value is $981.20 per $1,000 note if priced today, and will not be less than $950.00 per $1,000 at pricing. The underlying Nasdaq‑100 methodology has recently changed, including new market capitalization definitions, a Fast Entry process, and updated rebalancing rules.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Structured Investments called Uncapped Buffered Return Enhanced Notes linked to the EURO STOXX 50® Index, maturing on September 5, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.70x any positive Index return at maturity, with no cap. A 10% Buffer Amount protects principal only if the Index does not fall by more than 10%; beyond that, investors lose 1% of principal for each 1% additional decline, up to a maximum 90% loss of principal. The notes pay no interest, and investors forgo dividends on the Index components. Minimum denomination is $1,000.
If priced today, the estimated value would be about $970 per $1,000 note; when finalized, it will not be less than $950, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are expected to price around September 2, 2026 and settle around September 8, 2026, will not be listed on an exchange, and any secondary market will be on a dealer basis only. All payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering three series of unsecured, unsubordinated Trigger Autocallable Contingent Yield Notes under its shelf registration, each linked to a single stock: Advanced Micro Devices, Inc. (AMD), CrowdStrike Holdings, Inc. (CRWD) Class A, or Snowflake Inc. (SNOW). The Notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., have a $10 denomination (minimum $1,000), and are scheduled to mature on August 31, 2028, unless called earlier.
Each Note pays a monthly contingent coupon only if the underlying stock closes on or above its Coupon Barrier on the Observation Date: at least 19.80% p.a. for AMD, 20.00% p.a. for CRWD and 19.70% p.a. for SNOW, equating to minimum monthly payments of at least $0.165, $0.1667 and $0.1642 per $10 Note, respectively. The Notes are automatically called if, on any monthly Observation Date, the underlying closes at or above its Initial Value, returning principal plus that month’s coupon.
If not called, at maturity investors receive principal plus the final coupon only if the Final Value is at or above the Downside Threshold/Coupon Barrier (AMD and CRWD: 55% of Initial Value; SNOW: 50%). Otherwise, payoff is $10 × (1 + Underlying Return), exposing investors to the full downside below the Initial Value, with the potential to lose most or all principal. The Notes are not listed, carry issuer and guarantor credit risk, and have estimated values below the $10 issue price due to selling commissions and hedging costs.
JPMorgan Chase & Co. (JPM), via its subsidiary JPMorgan Chase Financial Company LLC, is offering auto callable accelerated barrier notes linked to the MerQube US Large-Cap Vol Advantage Index, due September 6, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on September 7, 2027 if the Index is at or above a specified Call Value, paying $1,000 principal plus a Call Premium Amount of at least $460 per $1,000, with no further payments. If not called, and at maturity the Index is above its Initial Value, investors receive an uncapped 1.50x leveraged upside on the Index’s positive return. If the Final Value is at or above a Barrier Amount (illustrated as 70% of Initial Value), principal is returned; below the barrier, losses are one-for-one with Index declines, up to total loss of principal.
The MerQube Index provides rules-based exposure of 0% to 500% to E-mini S&P 500 futures, targets 35% implied volatility, and is reduced by a 6.0% per annum daily deduction, which creates a drag versus a similar index without such fee. If priced today, the issuer estimates the notes’ value at about $920 per $1,000, and commits that the final estimated value will not be less than $900, both below the $1,000 issue price. The notes pay no interest, offer no dividends, are unsecured obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and are not expected to be listed, limiting liquidity.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering $500,000 of unsecured Review Notes linked to the lesser performing of the iShares Semiconductor ETF (SOXX) and the Nasdaq‑100 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes are issued in $1,000 denominations, pay no interest or dividends, and may be automatically called as early as February 25, 2027 if both underlyings are at or above 100% of their initial values, returning principal plus a call premium starting at 8.25% and rising to 33.00% on the final review date. If held to maturity on August 30, 2028 and not called, principal is protected only by a 20.00% Buffer Amount; if the lesser-performing underlying falls more than 20%, investors lose 1% of principal for each 1% decline beyond the buffer, up to an 80.00% loss.
The price to public is $1,000 per note, including $25 in selling commissions (issuer proceeds $975 per note). The estimated value at pricing was $963.70 per $1,000 note, reflecting internal funding and hedging costs. The notes will not be listed and are subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $600,000 of unsecured Digital Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq‑100 indices, maturing May 28, 2027. The notes pay a fixed 7.25% return at maturity only if each index’s final level is at least 90% of its initial level (the Digital Barrier).
If any index finishes below its Digital Barrier but at or above 70% of its initial level (the Barrier Amount), investors receive only principal back. If any index ends below its Barrier Amount, repayment is reduced one‑for‑one with the Least Performing Index’s loss, with the potential for a 100% principal loss. The notes pay no interest or dividends, are not insured, will not be listed, and secondary market prices are expected to be below the $1,000 issue price. The estimated value at pricing was $980.80 per $1,000 note, reflecting embedded selling, structuring and hedging costs, and investors are exposed to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering capped buffered equity notes linked to the S&P 500® Index, maturing March 3, 2028. The notes provide 1.00x exposure to Index appreciation at maturity, subject to a Maximum Return of at least 15.00%, and a 20.00% downside buffer.
If the Index is down more than 20.00% at maturity, investors lose 1% of principal for each 1% additional decline, up to a maximum loss of 80.00% of principal. The notes pay no interest or dividends and are unsecured, unsubordinated obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., so all payments are subject to their credit risk.
The minimum denomination is $1,000. If priced on the date of the example, the estimated value would be approximately $980.00 per $1,000 note, and at pricing it will not be less than $950.00 per $1,000. Secondary market liquidity is not assured and any secondary prices are expected to be below the original issue price. The issuer intends to treat the notes as open transactions for U.S. federal income tax purposes, but alternative characterizations are possible.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $5,565,000 of Medium-Term Notes, Series A, called Capped Buffered Enhanced Participation Equity Notes, linked to the S&P 500 Index and fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each note has a $1,000 principal amount, pays no interest, and matures on September 21, 2027. At maturity, investors receive leveraged 2.0x upside on the index, but returns are capped at a maximum settlement amount of $1,116 per $1,000 note (index at or above 105.80% of the initial level). There is a 10% downside buffer; if the S&P 500 falls more than 10% from the initial level of 7,677.28, principal loss is incurred at about 1.1111% of principal for every 1% decline beyond the buffer, down to a possible total loss.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co., are not FDIC insured, are not listed on any exchange, and have no redemption1.09% selling commission, with net proceeds of 98.91% to the issuer. The issuer’s estimated value is $985.90 per $1,000 note, reflecting selling, structuring and hedging costs, and the tax and Section 871(m) treatment of the notes is described as uncertain and subject to potential adverse changes.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100 Index®, maturing on September 16, 2030 and fully guaranteed by JPMorgan Chase & Co.
The notes are issued in $1,000 minimum denominations, pay no interest or dividends, and can be automatically called on scheduled Review Dates starting September 15, 2027 if each Index is at or above its Call Value (100% of Initial Value), returning principal plus a fixed Call Premium. If not called, principal is repaid at maturity only if the Final Value of each Index is at or above its Barrier Amount (70% of Initial Value); otherwise, repayment is reduced one-for-one with the decline of the Least Performing Index, with the potential loss of all principal. The indicative estimated value is about $953.30 per $1,000 note and will not be less than $900.00 when set, reflecting embedded selling commissions, a structuring fee and hedging costs.
JPMorgan Chase & Co (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes linked to the least performing of the Russell 2000® Index, the Nasdaq-100® Technology Sector and the State Street® Utilities Select Sector SPDR® ETF, maturing on August 31, 2029 and subject to a full guarantee by JPMorgan Chase & Co.
The notes may be automatically called as early as September 2, 2027 if on a Review Date the closing value of each underlying is at or above 100% of its Initial Value, paying back principal plus a call premium of at least 14.50%–43.50% of face value depending on the call date. If not called and the final value of each underlying is at or above its Barrier Amount of 60% of Initial Value, investors receive full principal at maturity. If any underlying finishes below its barrier, repayment is reduced by the negative return of the least performing underlying, leading to losses greater than 40% and up to a total loss of principal.
The notes pay no interest or dividends, have a minimum denomination of $1,000, and are expected to price around August 28, 2026 and settle around September 2, 2026. The indicative estimated value is approximately $948.90 per $1,000 note and will not be less than $900, reflecting selling commissions, hedging costs and issuer funding assumptions, and any payments are subject to the credit risk of both the issuer and guarantor.
JPMorgan Chase & Co. (JPM), through subsidiary JPMorgan Chase Financial Company LLC, is offering $4,100,000 of Capped Buffered Return Enhanced Notes linked to the S&P 500 Index, maturing May 26, 2028. The notes provide 1.25x upside exposure to Index gains, capped at a 22.50% maximum return (maximum payment $1,225 per $1,000 note).
A 20% downside buffer applies; beyond a 20% Index decline, investors lose 1.25% of principal for each additional 1% drop, with potential loss of the entire principal. The notes pay no interest, provide no dividends, are unsecured obligations of JPMorgan Financial fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to their credit risks. The Strike Value is 7,652.86, set on August 24, 2026. The estimated value at issuance is $997.50 per $1,000 note, reflecting structuring and hedging costs, and the notes are not expected to be listed, so liquidity may be limited.