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), via JPMorgan Chase Financial Company LLC, is offering unsecured Uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on August 23, 2030. Each note has a $1,000 minimum denomination and provides an uncapped leveraged upside of at least 1.345x any positive return of the least performing index at maturity, with no interim interest or dividends. A 40.00% downside buffer applies; if any index falls by more than this, principal is reduced 1% for each additional 1% decline in the least performing index, up to a maximum loss of 60.00% of principal. The issuer states a current estimated value of about $985.40 per $1,000 note and that the final estimated value will not be less than $900.00, reflecting embedded costs and hedging; the notes are subject to the credit risk of both JPMorgan Financial and the JPMorgan Chase & Co. guarantee and will not be listed, so liquidity may be limited.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, offers auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing August 26, 2032. The notes pay a Contingent Interest Payment on each review date only if the Index closes at or above 80% of its Initial Value (the Interest Barrier); missed interest can be paid later if a future review date meets the barrier.
The notes are automatically called, starting August 23, 2027, if on certain review dates the Index is at or above its Initial Value, returning $1,000 plus due contingent interest and any unpaid interest. If not called, at maturity investors receive $1,000 only if the Final Value is at least 60% of the Initial Value (the Trigger Value); otherwise, payoff is $1,000 plus $1,000 × Index Return, exposing investors to losses up to 100% of principal.
The Index embeds a 6.0% per annum daily deduction and a notional financing cost, creating a persistent drag so the Index will trail a similar index without these charges. The hypothetical contingent interest rate is shown at 16.50% per annum (at least 16.50% in the final terms). Estimated value is about $945.80 per $1,000 note, and will not be less than $900, reflecting selling costs and hedging. The notes are unsecured, depend on the credit of JPMorgan Financial and the JPMorgan Chase & Co. guarantee, will not be listed, and involve complex tax and structural risks, including potential 30% U.S. withholding on contingent interest for non‑U.S. holders.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering structured “Review Notes” linked to the lesser performing of the EURO STOXX 50 Index and the Russell 2000 Index, maturing on September 2, 2031. The notes may be automatically called as early as December 28, 2026 if on a Review Date both indices close at or above 100% of their Initial Values, paying $1,000 principal plus a Call Premium that steps up from at least 3.33333% to 50.00000% of principal over 57 Review Dates.
If the notes are not called and both indices finish at or above 75% Barrier Amounts, holders receive full principal at maturity. If either index finishes below its Barrier, repayment is reduced one-for-one with the return of the Lesser Performing Index, down to a possible total loss of principal. The notes pay no interest or dividends, are unsecured obligations of the finance subsidiary fully and unconditionally guaranteed by JPMorgan Chase & Co., and expose investors to the credit risk of both entities. The indicative estimated value is about $960 per $1,000 note, and will not be less than $940 when finalized, reflecting embedded fees, hedging costs and dealer compensation.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Uncapped Accelerated Barrier Notes due September 3, 2031, linked to the least-performing of the EURO STOXX 50 Index, the iShares MSCI EAFE ETF and the iShares MSCI Emerging Markets ETF. The notes provide an uncapped payoff of at least 2.70x any positive return of the weakest underlying at maturity, with no periodic interest or dividends.
Principal is protected only by a 50.00% barrier on each underlying: if every underlying’s final value is at or above 50% of its initial value, investors receive full principal; if any falls below its barrier, repayment is reduced one-for-one with the weakest underlying’s loss, potentially to zero. The minimum denomination is $1,000. Selling commissions will not exceed $6 per $1,000 note. If priced on the described date, the estimated value would be about $980 per $1,000 note and will not be less than $950, reflecting embedded costs and issuer funding assumptions. Payments are subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the notes will not be listed, limiting liquidity.
JPMORGAN CHASE & CO, through JPMorgan Chase Financial Company LLC, is offering Contingent Income Auto-Callable Securities due August 24, 2029, linked to the worst performer of the Russell 2000, S&P 500 and EURO STOXX 50 indices. The notes pay a contingent quarterly coupon of at least 2.5125% of the $1,000 principal (at least $25.125) only if on every day in a quarter each index stays at or above 75% of its initial level (coupon barrier. If on any day one index falls below its barrier, no coupon is paid for that quarter.
The notes can be auto‑called after the first determination date if on a determination date each index is at or above its initial level, in which case investors receive $1,000 plus any due coupon. If held to maturity and not called, principal is fully repaid only if each index’s final level is at or above 65% of its initial level (downside threshold. Otherwise, repayment is reduced 1‑for‑1 with the decline of the worst index and can fall to zero, so investors face full principal-at-risk. The estimated value is approximately $954.80 per $1,000, and any payment depends on the credit of JPMorgan Chase Financial and its JPMorgan Chase & Co. guarantee.
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), through JPMorgan Chase Financial Company LLC, is offering unsecured Structured Investments called Uncapped Dual Directional Digital Barrier Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing on August 28, 2031.
The notes pay no interest or dividends and expose holders to JPMorgan credit risk. At maturity, if each index is at or above its initial level, investors receive principal plus the greater of a Contingent Digital Return of at least 61.75% or the actual return of the least performing index. If any index is below its initial level but all remain at or above 70% of initial (the Barrier Amount), investors receive principal plus the absolute decline of the least performing index, capped at 30% (maximum $1,300 per $1,000 when the least performer is down 30%). If any index finishes below 70% of its initial level, repayment is linear with the least performing index return and investors can lose more than 30% and up to all principal.
The minimum denomination is $1,000. An illustrative estimated value is $946.30 per $1,000, and the final estimated value will not be less than $900, reflecting embedded selling commissions, hedging costs and issuer funding assumptions. The notes will not be listed, and secondary market prices are expected to be below the issue price and sensitive to market factors and JPMorgan’s credit spreads.
JPMORGAN CHASE & CO. (through JPMorgan Chase Financial Company LLC) is offering structured Auto Callable Buffered Return Enhanced Notes linked to the Global X Uranium ETF, due August 31, 2028. Each note has a $1,000 denomination and provides an automatic call on September 2, 2027 if the ETF’s price is at or above the Call Value, paying $1,000 plus a Call Premium of at least $237 per note on the call settlement date.
If not called, at maturity investors receive an uncapped leveraged upside of 1.25x any positive fund return, full principal back if the ETF decline stays within a 20.00% Buffer Amount, and a loss of 1% of principal for each 1% decline beyond that buffer, up to a maximum loss of 80.00%. The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry issuer and guarantor credit risk. The indicative estimated value is approximately $960 per $1,000 note (not less than $950 when set), below the price to public due to embedded commissions, hedging costs and structuring fees.
JPMORGAN CHASE & CO (JPM), through wholly owned subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured auto callable structured notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are due August 29, 2033 in minimum denominations of $1,000.
The notes may be automatically called on annual Review Dates starting August 26, 2027 if the Index closing level is at or above the Call Value of 101.25% of the Initial Value. If called, holders receive $1,000 plus a Call Premium of at least 10%–70% of principal, depending on the Review Date; no further payments are made. If never called, investors receive only their principal at maturity and forgo interest.
The J.P. Morgan Multi-Asset Index is a rules-based, futures-based, multi‑asset “excess return” index with a 1.00% per annum daily deduction and a volatility threshold initially set at 4%; it can take both long and short notional positions across equity, bond and commodity futures. The notes’ estimated value would be approximately $931.90 per $1,000 note if priced on the indicated date and will not be less than $900.00, reflecting selling commissions, hedging costs and issuer funding assumptions. Key risks include limited upside (no participation beyond Call Premiums), no interest, credit risk of JPMorgan entities, potential illiquidity, index methodology and futures-related risks, and U.S. tax treatment as contingent payment debt instruments.
JPMorgan Chase & Co. (JPM), as guarantor for JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on August 26, 2032, in minimum denominations of $1,000.
The notes pay a monthly Contingent Interest Payment only when the Index is at or above 70% of its Initial Value, and may be automatically called quarterly, starting February 22, 2027, if the Index is at or above its Initial Value, returning $1,000 plus that period’s interest. If the notes are not called and the Final Value is below the 50% Trigger Value, investors lose principal on a 1-for-1 basis, potentially all of it; otherwise, principal is returned, with interest if the Final Value is at or above the Interest Barrier.
The underlying Index dynamically allocates leveraged exposure (up 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 drags performance and can cause declines even when futures are flat or modestly positive. An illustrative estimated value is $925.20 per $1,000 note, and at pricing the estimated value will not be less than $900.00, reflecting embedded costs and the issuer’s internal funding and pricing assumptions. Payments depend on both Index performance and the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering Capped Dual Directional Buffered Equity Notes linked to the lesser performing of the Nasdaq‑100 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes mature on September 29, 2027, are issued in minimum denominations of $1,000, and provide unleveraged exposure to index moves. Investors receive upside linked to the lesser-performing index, capped at a Maximum Upside Return of 31.85%, and may also earn positive returns on index declines up to a 10.00% Buffer Amount via an “absolute return” feature.
If either index falls by more than 10%, principal is reduced 1% for each additional 1% decline in the lesser-performing index, for a potential loss of up to 90.00% of principal. The issuer indicates that, if priced today, the estimated value would be about $988.90 per $1,000 note and will not be less than $900.00 per $1,000 at pricing. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and will not be listed, so liquidity would depend on dealer bids.
JPMorgan Chase & Co. (JPM) is guaranteeing new JPMorgan Chase Financial Company LLC Structured Investments Review Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing August 29, 2031, in minimum denominations of $1,000.
The notes offer automatic early redemption, starting August 31, 2027, if the Index closes at or above a Call Value on any Review Date, paying $1,000 plus a Call Premium that starts at at least 15% of principal and can reach at least 75% on the final Review Date. If not called, investors are protected by a 15% downside buffer at maturity; below that, principal is reduced 1-for-1, allowing up to an 85% loss of principal.
The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost (SOFR + 0.50%) on leveraged exposure (0%–500%) to the Invesco QQQ Fund, which will generally drag performance versus an identical index without such deductions. The indicative estimated value is about $907.80 per $1,000 note, and will not be less than $900.00, reflecting structuring, distribution and hedging costs. Payments depend on the credit of JPMorgan Chase Financial Company LLC 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. (JPM), through JPMorgan Chase Financial Company LLC, is offering auto callable contingent interest notes linked to Advanced Micro Devices, Inc. (AMD) stock, maturing on March 2, 2028, in $1,000 denominations. Investors receive a Contingent Interest Payment on each Review Date only if AMD’s closing price is at least 60% of the Initial Value (the Interest Barrier); the Contingent Interest Rate will be at least 19.25% per annum.
The notes are automatically called, starting as early as November 30, 2026, if AMD’s closing price on a Review Date (other than the first, second and final) is at least the Initial Value, returning $1,000 plus the applicable Contingent Interest Payment. If not called, and at maturity AMD is below the Trigger Value of 50% of the Initial Value, investors lose 1% of principal for each 1% AMD has fallen from the Initial Value, up to a total loss.
The notes are unsecured, unsubordinated obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. If priced on August 18, 2026, the estimated value would be about $958.80 per $1,000, and at pricing it will not be less than $900 per $1,000. The notes will not be listed, may have limited liquidity, and do not pay dividends or provide any equity ownership in AMD.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated callable contingent interest notes linked individually 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 interest on each review date only if the closing level of each index is at least 70% of its initial value; otherwise no interest is paid for that period. Beginning on March 2, 2027, JPMorgan Financial may redeem the notes early on specified interest payment dates, paying $1,000 per note plus any due contingent interest, after which no further payments occur.
If the notes are not redeemed early, principal repayment at maturity on July 28, 2028 depends on the least performing index. If the final level of every index is at or above its 70% trigger value, investors receive $1,000 plus any final contingent interest; if any index finishes below its trigger, repayment is reduced dollar-for-dollar with that index’s decline and can fall to zero. The minimum denomination is $1,000. The estimated value would be about $980.40 per $1,000 if priced on the indicated date and will not be set below $900, reflecting embedded selling commissions, hedging costs and JP Morgan’s internal funding rate. The notes are not deposits, carry JPMorgan Financial and JPMorgan Chase & Co. credit risk, will not be listed, and may have limited or no secondary market liquidity.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated callable contingent interest notes linked individually 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 are expected to price around August 27, 2026, settle on September 1, 2026 and mature on September 2, 2031, in minimum denominations of $1,000.
The notes pay a monthly Contingent Interest Payment only if on each Review Date every index is at or above its Interest Barrier of 70.00% of its Initial Value; otherwise no interest is paid for that month. Starting with the September 1, 2027 Interest Payment Date, JPMorgan Financial may redeem the notes early in whole, paying $1,000 plus the applicable contingent interest. If held to maturity and not redeemed, investors receive $1,000 plus the final contingent interest if each index is at or above its Trigger Value (also 70.00% of Initial Value). If any index finishes below its Trigger Value, principal is reduced 1% for each 1% decline in the Least Performing Index, potentially down to zero. The indicative Contingent Interest Rate is at least 8.30% per annum, and the current estimated value is about $931.50 per $1,000, not less than $900. Payments depend on the credit of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured Auto Callable Buffered Return Enhanced Notes linked to the lesser performer of the Nasdaq‑100 Index and the S&P 500 Index, maturing August 29, 2029, in minimum denominations of $1,000. The notes may be automatically called on August 30, 2027 if each index is at or above its Call Value, paying back principal plus a call premium of at least $146 per $1,000, ending the investment.
If not called, at maturity investors receive 1.50 times any positive return of the lesser‑performing index, full principal back if the lesser index is down by up to the 10% Buffer Amount, and a leveraged loss beyond that buffer, up to 90% of principal. The indicative estimated value is about $982.30 per $1,000 (and will not be less than $900), reflecting embedded costs. The notes pay no interest or dividends, are not FDIC‑insured, and expose holders to both market risk on the indices and the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering medium-term Enhanced Participation Basket-Linked Notes maturing on September 7, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and are linked to an unequally weighted basket of five non‑U.S. equity indices: EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (7%).
Each note has a $1,000 principal amount; investors receive at maturity $1,000 plus the basket return multiplied by an upside participation rate expected to be between 1.48 and 1.73 if the basket rises, and incur a 1:1 loss with no downside protection if it falls, risking 100% of principal. The estimated value when set is expected between $965.00 and $975.00 per $1,000, reflecting selling costs and hedging. The notes are not listed, are subject to the credit risk of both the issuer and guarantor, and carry complex U.S. tax and Section 871(m) considerations.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured auto-callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on August 28, 2031, in $1,000 minimum denominations and fully guaranteed by JPMorgan Chase & Co.
The notes pay a monthly Contingent Interest Payment only when the Index closes at or above 70% of its Initial Value (the Interest Barrier); missed coupons can be paid later if the barrier is again met. The notes are automatically called quarterly if the Index is at or above its Initial Value, with the earliest call date around August 25, 2027.
If not called, principal protection depends on the Final Index Value: at or above the Trigger Value (50% of Initial Value) returns full principal (plus any due coupons), while below the Trigger Value principal is reduced one-for-one with the Index decline, potentially to zero. The Index embeds a 6.0% per annum daily deduction and uses a 35% target volatility with leverage up to 500% in E-mini S&P 500 futures. The indicative Contingent Interest Rate is at least 13.35% per annum, and the estimated value, if priced today, is about $930.50 per $1,000 note, not less than $900 when set. Payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and the notes are not FDIC insured or exchange-listed.
JPMORGAN CHASE & CO (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $890,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., under its shelf registration.
The notes mature on January 19, 2028 with a 1.50x leveraged upside on any Index appreciation, capped at a maximum return of 25.15% (maximum payment of $1,251.50 per $1,000 note). A 10.00% downside buffer protects principal for Index declines up to 10%; beyond that, investors lose 1% of principal for each additional 1% Index decline, up to a 90.00% loss of principal at worst.
The notes pay no interest and provide no dividends or voting rights in underlying stocks. They are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co. The notes priced at 100% of principal on August 13, 2026, with an estimated value of $996.90 per $1,000 note, reflecting structuring and hedging costs and the issuer’s internal funding rate.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Buffered Digital Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on March 1, 2029, in minimum denominations of $1,000.
At maturity, if the S&P 500 Final Value is at or above the Initial Value, or down by up to the 20.00% Buffer Amount, investors receive principal plus a fixed Contingent Digital Return of at least 18.70% (for example, a $1,187 payment per $1,000 in many scenarios). If the Index is down more than 20%, principal is reduced 1% for each percentage point beyond the buffer, up to a maximum loss of 80.00% (down to $200 per $1,000). The notes pay no interest or dividends and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
An example estimated value, if priced today, is $987.10 per $1,000, and the issuer states the final estimated value will not be less than $950.00. That estimated value is based on an internal funding rate and issuer pricing models and will be lower than the price to public. The notes will not be listed, and secondary market prices are expected to be below the issue price. Tax counsel views the notes as prepaid financial contracts treated as open transactions for U.S. federal income tax purposes, though alternative treatments are possible.
JPMorgan Chase & Co. (JPM), through its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is issuing $574,000 of auto callable contingent interest notes linked to the worst performer of Affirm, MARA Holdings and SoFi common stocks, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a 30.00% per annum contingent coupon (2.50% per month, $25 per $1,000) only if on a Review Date each stock is at or above 45.00% of its Strike Value. Missed coupons can be paid later if the barrier is met, but investors may receive no interest at all. From the sixth Review Date onward (earliest February 16, 2027), the notes are automatically called if all three stocks are at or above their Strike Values, returning $1,000 plus due and unpaid coupons.
If the notes are not called and any stock finishes below its 45.00% Trigger Value on the final Review Date, principal is reduced one-for-one with the decline of the worst-performing stock, leading to loss of more than 55% and up to all principal. The notes are unsecured, not listed, subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and have an estimated value of $930.70 per $1,000, below the $1,000 issue price.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is issuing $2,290,000 of unsecured Airbag In‑Digital Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., in $10 denominations maturing February 17, 2028.
Holders receive no coupons or dividends. If the S&P 500 Final Value is at or above the Digital Barrier/Downside Threshold of 7,007.18 (90% of the 7,785.76 Initial Value), investors get principal plus a fixed 14.60% Digital Return at maturity. If the Final Value is below the Threshold, principal is reduced using the formula $10 × (Underlying Return + 10%) × 1.11111, leading to a loss of 1.11111% of principal for every 1% decline beyond 10%, down to total loss.
The estimated value is $9.958 per $10 Note, below the issue price, reflecting structuring and hedging costs and JPMorgan’s internal funding rate. The Notes are not exchange‑listed, carry significant market and credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and involve complex U.S. tax considerations, including treatment as prepaid financial contracts and potential Section 871(m) implications for non‑U.S. holders.
JPMorgan Chase & Co. (JPM), through its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is issuing Performance Leveraged Upside Principal at Risk Securities (PLUS) linked to the Russell 2000® Index, maturing on December 3, 2027. The aggregate principal amount is $2,160,000, with each PLUS having a stated principal amount and issue price of $1,000.
The PLUS pay no interest and do not guarantee return of principal. At maturity, if the index is above its initial level of 3,068.415, investors receive $1,000 plus 300% of the index percent increase, capped at a maximum payment of $1,222 per PLUS (122.20% of principal). If the index is at or below the initial level, investors receive $1,000 multiplied by the index performance factor, losing 1% of principal for every 1% index decline, with no minimum payment. The securities are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to the credit risk of both entities. The estimated value on the pricing date is $975.90 per $1,000 PLUS, reflecting embedded costs and hedging factors.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Uncapped Accelerated Barrier Notes linked to the lesser performance of the SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ, Series 1 (QQQ), maturing on August 26, 2030 and fully guaranteed by JPMorgan Chase & Co.
The notes target at least 1.35× any positive return of the lesser performing ETF if both finish above their initial levels; principal is merely returned if either is flat or down but both stay at or above 70% of initial value. If either ETF closes below its 70% barrier on the August 21, 2030 observation date, repayment is reduced one-for-one with the lesser ETF’s loss, down to a total loss of principal.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both the issuer and guarantor, will not be listed on any exchange and may be hard to sell. The price to public is $1,000 per note; the estimated value would be about $980 per $1,000 note if priced on the date referenced and will not be less than $940, reflecting selling commissions, hedging costs and dealer profit.
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 $2,290,000 of Airbag In-Digital Notes linked to the S&P 500® Index, maturing August 17, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each Note has a $10 principal amount and a term of about two years. If the S&P 500 Final Value is at or above the Digital Barrier, set at 90% of the Initial Value of 7,785.76 (i.e., 7,007.18), investors receive principal plus a fixed Digital Return of 19.65%, regardless of further upside. If the Final Value is below the Downside Threshold (also 90% of the Initial Value), repayment is reduced by 1.11111% of principal for every 1% the index falls beyond the 10% Threshold Percentage, creating potential for substantial or total loss of principal.
The Notes pay no interest, provide no dividends from index constituents, are unsecured and unsubordinated, are not FDIC insured, and will not be listed on any exchange. The estimated value at pricing is $9.95 per $10 Note, reflecting structuring and hedging costs. U.S. tax counsel views the Notes as prepaid financial contracts treated as “open transactions,” but warns that future IRS guidance could materially affect tax treatment, including possibly on a retroactive basis.
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 Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on August 23, 2029, with minimum denominations of $1,000 and full principal at risk.
The notes pay a quarterly Contingent Interest Payment only if the Index is at or above 70% of its Initial Value, at a rate of at least 13.50% per annum, and can be automatically called on certain dates starting August 20, 2027 if the Index is at or above the Initial Value. If not called and the Final Value is below 50% of the Initial Value, investors lose 1% of principal for each 1% Index decline, potentially losing all principal.
The MerQube US Tech+ Vol Advantage Index applies up to 500% leveraged exposure to the QQQ Fund, targets 35% implied volatility, and embeds a 6.0% per annum daily deduction plus a notional SOFR-based financing cost, so it is expected to trail a similar index without such charges. The estimated value of the notes, if priced today, would be about $944.10 per $1,000, and will not be less than $920.00 at pricing, reflecting embedded selling costs, hedging costs and issuer funding spreads. Payments depend on both Index performance and the credit of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is issuing principal-at-risk Dual Directional Trigger Jump Securities linked to an unequally weighted basket of five non-U.S. equity indices, maturing on September 4, 2031. The basket weights are 40% EURO STOXX 50, 25% TOPIX, 17.5% FTSE 100, 10% Swiss Market Index and 7.5% S&P/ASX 200.
The notes pay no interest and have a stated principal of $1,000 per security. At maturity, if the final basket value is at or above the initial value (100), holders receive $1,000 plus the greater of 1:1 participation in the basket gain or a fixed upside payment of $453.50. If the basket is down but not below the 75% trigger level, investors receive $1,000 plus an unleveraged positive return equal to the absolute decline, capped at a 25% gain (maximum $1,250). If the basket falls below the trigger level, repayment is $1,000 multiplied by the basket performance factor, leading to losses greater than 25% and potentially all principal.
The aggregate principal amount is $4,450,000, issued at 100% of par. Selling commissions are $30 and a structuring fee is $5 per $1,000 security, so issuer proceeds are $965 per security. The estimated value on the pricing date is $949.60, reflecting internal funding and hedging costs. All payments are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to their credit risk.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is issuing $13,422,000 of unsecured Review Notes linked to the least performing of the EURO STOXX 50, Russell 2000 and Nasdaq‑100 indices, maturing August 19, 2031 and fully guaranteed by JPMorgan Chase & Co.
The notes may be automatically called as early as August 17, 2027 if each index is at or above its Call Value (100% of its Initial Value), paying $1,000 plus a call premium starting at 12.20% and rising to 61.00% on the final review date. If not called and each index’s final level is at or above its Barrier Amount (60% of its Initial Value), investors receive principal back; otherwise the payoff is $1,000 plus $1,000 times the least performing index return, exposing investors to losses greater than 40% and potentially a total loss of principal.
The notes are sold at $1,000 per note, including $43.50 in fees and commissions and issuer proceeds of $956.50 per note. The issuer’s estimated value is $942.80 per $1,000 note. The product pays no interest or dividends, is not listed, and carries the credit risk of both JPMorgan Chase Financial Company LLC 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. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured Structured Investments called Uncapped Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing in August 2032. The notes provide uncapped upside at approximately 2.515× any positive Index performance at maturity, no periodic interest, and full principal repayment only if the Index ending level is at or above a 60% barrier of the initial level. If the Index finishes below the barrier, investors lose 1% of principal for each 1% Index decline from the initial level, potentially up to a 100% loss of principal. The minimum denomination is $1,000. The estimated value per $1,000 note would be about $980 based on current assumptions and will not be less than $950 at pricing, reflecting embedded selling commissions, hedging costs and issuer funding spread. Payments depend on the credit of JPMorgan Financial as issuer and JPMorgan Chase & Co. as guarantor, and the notes will not be listed, so liquidity is expected to be limited.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering Capped Buffered Equity Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, maturing on September 21, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide 1.00x upside to the lesser performing index, capped at a Maximum Return of at least 35.00%, with a 30.00% downside buffer; if the lesser index falls more than 30%, principal is reduced 1% for each additional 1% decline, up to a 70.00% loss of principal at maturity. Denominations are $1,000 and multiples thereof, the notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and will not be listed, so liquidity may be limited. An indicative estimated value is about $987.20 per $1,000 note, and the final estimated value will not be less than $950.00 per $1,000, reflecting structuring and distribution costs.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is issuing $598,000 of Uncapped Dual Directional Accelerated Barrier Notes linked to the Nasdaq‑100 Futures Excess Index, maturing August 19, 2032 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes offer 1.78x leveraged upside on any positive Index return at maturity and a dual-direction feature: if the Index ends at or above the 60% Barrier Amount, investors receive the principal plus the absolute value of any Index decline, capped at a 40% gain (maximum payment $1,400 per $1,000 note when the Index return is negative). If the Index closes below the Barrier, repayment is fully exposed to losses, up to a total loss of principal.
The Initial Value was 787.3983 on August 14, 2026. Notes are issued in $1,000 denominations, pay no interest, and are unsecured obligations subject to the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, including $32.50 in selling commissions and a $7.50 structuring fee per $1,000; the issuer’s estimated value is $944, reflecting embedded costs and internal funding assumptions. The notes will not be listed on an exchange, and secondary market liquidity and pricing are expected to be limited and below the issue price.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering auto callable contingent interest notes linked individually to the Nasdaq‑100 Index®, the S&P 500® Index and the EURO STOXX 50® Index, maturing September 2, 2031, in $1,000 minimum denominations.
Holders receive a Contingent Interest Payment on a Review Date only if each index closes at or above 80% of its Initial Value; the notes may be automatically called (no earlier than August 27, 2027) if each index is at or above its Initial Value, returning principal plus that period’s interest. If the notes are not called and, on the final Review Date, any index is below its Trigger Value (60% of Initial Value), repayment equals $1,000 plus $1,000 times the Least Performing Index Return, so investors can lose a substantial portion or all of principal.
The contingent interest rate will be at least 10.00% per annum, paid quarterly if conditions are met. The estimated economic value is lower than the $1,000 issue price (approximately $942.50 today and not less than $920.00 at pricing), reflecting embedded selling, structuring and hedging costs. The notes are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and 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), via subsidiary JPMorgan Chase Financial Company LLC, is offering $3,642,000 of unsecured Contingent Interest Notes linked individually to the Russell 2000, Nasdaq-100 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a 10.25% per annum contingent coupon (5.125% semiannually) only if on each Review Date all three indices are at or above 75% of their Initial Values; otherwise no interest is paid for that period.
At maturity on August 17, 2029, investors receive $1,000 plus the final contingent interest only if each index is at or above its Trigger Value (70% of Initial Value). If any index finishes below its Trigger Value, principal is reduced one-for-one with the decline of the worst-performing index, so investors can lose more than 30% and up to all principal. The notes are not principal-protected, do not pay fixed interest or dividends, are expected to be illiquid, and carry the credit risk of both the issuing finance subsidiary and JPMorgan Chase & Co. The estimated value at pricing was $989.60 per $1,000, below the issue price due to structuring and hedging costs.
JPMorgan Chase & Co. (symbol JPM), through JPMorgan Chase Financial Company LLC, is issuing $3,721,000 of Uncapped Digital Barrier Notes linked to the lesser performing of the STOXX® Europe 600 Index and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations with a pricing date of August 14, 2026, expected settlement on or about August 21, 2026, an observation date of August 16, 2032 and maturity on August 19, 2032.
Each $1,000 note offers uncapped, unleveraged upside to the lesser performing index at maturity, subject to a Contingent Digital Return of 85.50%. If the final level of each index is at or above its initial level, investors receive $1,000 plus the greater of the 85.50% digital return or the lesser performing index return. If at least one index is below its initial level but both are at or above 70.00% of their initial values (the Barrier Amounts), principal is returned.
If either index finishes below its Barrier Amount, repayment is fully exposed to the downside of the lesser performing index, with a 1% loss of principal for each 1% decline from its initial level and the potential for a total loss of principal. The initial levels are 657.86 for the STOXX® Europe 600 Index and 6,539.59 for the EURO STOXX 50® Index. The estimated value is $975.80 per $1,000 note, below the issue price due to structuring, hedging costs and dealer economics. The notes pay no interest or dividends, may be accelerated upon certain legal or regulatory events, and are expected to have limited or no liquidity and meaningful credit, market, currency and structural risks.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $2,945,000 of structured “Review Notes” linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, due August 19, 2031. The notes are issued in $1,000 denominations at par, with proceeds to the issuer of $980 per note after selling commissions.
The notes pay no interest and can be automatically called on scheduled Review Dates starting August 18, 2027 if each index is at or above 90% of its Initial Value, triggering return of principal plus a fixed Call Premium (from 8.25% on the first Review Date up to 41.25% on the final Review Date). If not called, principal is repaid at maturity only if each index’s final level is at or above its Barrier Amount of 75% of its Initial Value; otherwise, repayment is reduced 1:1 with the decline of the least performing index, and investors can lose all principal.
The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. The estimated value at pricing was $966.40 per $1,000 note, below the issue price, reflecting selling commissions, structuring fees and hedging costs.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC and with a JPMorgan Chase & Co. guarantee, is issuing Digital Buffered Notes linked to the S&P 500® Index under its medium-term note program. The offering totals $6,491,000, with each note priced at $1,000.
The notes pay a fixed Contingent Digital Return of 12.15% if, on the February 14, 2028 valuation date, the S&P 500 is at or above its initial level, or down by no more than the 15.00% Buffer Amount. In that case, investors receive $1,121.50 per $1,000 note at maturity on February 17, 2028. If the index falls by more than 15%, principal is reduced by 1.17647% for each 1% decline beyond the buffer, and investors can lose up to all of their investment.
The initial index level on August 14, 2026 was 7,785.76. The notes are unsecured obligations, not deposits and not FDIC insured. The estimated value at pricing was $984.20 per $1,000, below the price to public, reflecting selling commissions and hedging and structuring costs. The issuer highlights limited liquidity and complex U.S. tax treatment, including reliance on an “open transaction” characterization and an analysis that Section 871(m) should not apply to Non-U.S. Holders.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is issuing $860,000 of Medium-Term Notes, Series A, Capped Buffered Enhanced Participation Equity Notes due January 27, 2028, linked to the MSCI EAFE® Index and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a $1,000 principal amount each, no interest, and an initial underlier level of 3,262.58 as of August 14, 2026. At maturity, investors receive: if the index is up, 1.5x the positive index return, capped at a maximum settlement amount of $1,213 per $1,000 (equivalent to an index cap level of 114.20% of the initial level); if the index is flat to down by up to 5%, return of principal; if the index is down more than 5%, losses beyond the 5% buffer are magnified by a buffer rate of about 1.0526, and investors can lose up to 100% of principal.
The original issue price is 100% of principal, including a 1.07% selling commission, with net proceeds of 98.93% to the issuer. The estimated value is $983.20 per $1,000 at pricing, reflecting internal funding and hedging costs. The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, have no listing or issuer redemption rights, and secondary market prices, if any, may be below the issue price.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes that pay a contingent interest tied separately to the S&P 500 Index and the EURO STOXX 50 Index. Investors receive a Contingent Interest Payment for any Review Date when both indices close at or above 80% of their Initial Values, with any missed coupons paid later if the condition is met. The notes are auto-callable on quarterly Review Dates starting March 1, 2027 if both indices are at or above their Initial Values, returning principal plus due and unpaid contingent interest. If the notes are not called and either index finishes below its Trigger Value (also 80% of Initial Value) at maturity, repayment of principal is reduced 1-for-1 with the decline in the lesser-performing index, potentially to zero. The indicative estimated value is about $960 per $1,000 note and will not be less than $950, reflecting embedded costs and issuer hedging; payments are subject to the credit risk of both the issuer and guarantor and the notes will not be listed.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is issuing $1,790,000 of market-linked, auto-callable notes due August 17, 2029, linked to the lowest performing of SoFi, CrowdStrike and Oracle stock. The notes pay a 24.65% per annum contingent coupon, evaluated monthly, only if the lowest performing stock closes at or above its threshold price (45% of its starting price); missed coupons can be "caught up" later via a memory feature.
From February 2027 to July 2029, if the lowest performer is at or above its starting price on a calculation day, the notes auto-call at par plus the applicable coupon and any unpaid coupons. If not called, principal is protected at maturity only if the lowest performer stays at or above its threshold; if it finishes below, investors are fully exposed to downside and can lose more than 55%, up to all principal. Investors do not receive dividends or any upside participation in the stocks. The price to public is $1,000 per note, with selling commissions of $23.25, and the issuer’s estimated value is $959.40 per note, reflecting embedded costs and hedging.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering S&P 500-linked Medium-Term "Digital Equity" Notes, Series A, due February 24, 2028. Each note has a $1,000 principal amount, pays no interest, and is fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, if the S&P 500 final level is at least 85.00% of its initial level, investors receive a fixed "threshold settlement amount" expected between $1,101.00 and $1,118.60 per $1,000 note, capping upside at about 10–12%. If the index has fallen by more than 15.00%, principal is lost on a leveraged basis at a buffer rate of about 1.1765% for each additional 1% decline, down to a total loss.
The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor, will not be listed on an exchange, and have no redemption feature. The estimated value at pricing is expected between $969.90 and $979.90 per $1,000 note, below the 100% original issue price, with underwriting commissions up to 1.51% of principal.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $774,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performing of the S&P 500 Index and the S&P MidCap 400 Index, due August 17, 2029, 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 on August 20, 2027 at $1,125 per $1,000 note if each index is at or above its Call Value. If not called and both final index levels exceed their initial values, maturity payment reflects 1.25x the gain of the lesser performing index; if either index is below its 70% Barrier Amount, principal is reduced one-for-one and can be fully lost.
The price to public is $1,000 per note, including selling commissions of $20 and a structuring fee of $6.50 per $1,000, with net proceeds of $758,520. The estimated value at pricing was $968.70 per $1,000 note. Repayment depends on the credit of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the notes will not be listed on any exchange.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $559,000 of Uncapped Accelerated Barrier Notes linked to the lesser performer of the Nasdaq-100 Futures Excess Index and the S&P 500® Futures Excess Return Index, maturing August 19, 2031. The notes provide an upside leverage factor of 2.899x any positive return of the lesser-performing index if both final index levels exceed their initial values. A 70% barrier applies to each index; if either final index level falls below its barrier, principal is reduced one-for-one with the lesser-performing index return, down to a total loss of principal. The notes pay no interest, are unsecured obligations of JPMorgan Chase Financial, and are fully and unconditionally guaranteed by JPMorgan Chase & Co., with repayment subject to their credit risk. The price to public is $1,000 per note, including $15 in selling commissions, with estimated value at issuance of $974.20 per $1,000.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $352,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing July 19, 2029 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly 9.25% per annum contingent coupon ($7.7083 per $1,000) only when the Index is at or above 85% of its Initial Value, with missed coupons potentially paid later if the barrier is met. The notes are automatically called (from February 16, 2027 onward) if the Index is at or above 95% of its Initial Value on specified Review Dates.
At maturity, if not called and the Index is at or above 85% of its Initial Value, investors receive principal plus due contingent interest; otherwise, principal is reduced 1% for each 1% Index decline beyond a 15% buffer, with up to 85% principal loss. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, which drag performance, and the notes are unsecured obligations subject to the credit risk of both the issuer and guarantor.
JPMorgan Chase & Co. (JPM), via its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $9,166,000 of unsecured structured notes linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing August 19, 2031 and fully guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on any of 17 Review Dates starting August 18, 2027 if each index is at or above 90% of its initial level, paying $1,000 plus a fixed Call Premium Amount (from 10.25% up to 51.25% of principal). If not called and each final index level is at or above 75% of its initial level (the Barrier Amount), investors receive principal back; otherwise payoff is $1,000 plus $1,000 times the return of the least performing index, exposing investors to losses beyond 25% and up to total loss of principal.
The price to the public is $1,000 per note, while the estimated value at pricing was $982.40, reflecting structuring and hedging costs. The notes pay no interest or dividends, are not listed, and secondary market values are expected to be below the issue price. Tax treatment is uncertain; the issuer intends to treat the notes as open transactions (prepaid financial contracts).