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 Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the MerQube US Large‑Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of at least 13.00% per annum (at least 6.50% semiannually) when the Index closing level on a Review Date is at or above an Interest Barrier of 70.00%. The notes are auto‑callable if the Index is at or above a Call Value of 90.00% on applicable Review Dates; the earliest automatic call date is May 10, 2027. The Index reflects a 6.0% per annum daily deduction that materially drags performance. Pricing is expected on or about May 8, 2026 with settlement on or about May 13, 2026. Minimum denomination is $1,000. The estimated value at pricing would be approximately $941.60 per $1,000 (not less than $920.00).
The notes are unsecured obligations of JPMorgan Financial and are subject to the issuer and guarantor credit risk, lack of exchange listing, possible loss of principal if the Final Value is below the Buffer Threshold (70.00% of Initial Value), and other risks described in the pricing supplement.
JPMorgan Chase Financial Company LLC offers callable Contingent Interest Notes linked to the least performing of the S&P 500®, the EURO STOXX 50® and the iShares® Russell 2000 ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay contingent quarterly interest (a Contingent Interest Rate of at least 9.75% per annum), may be redeemed early at the issuer’s option beginning December 2, 2026, and mature on June 1, 2029. Payments and principal at maturity depend on each Underlying meeting a 70.00% Interest Barrier; the Final Payment if any is determined by the Least Performing Underlying Return. Pricing is expected on or about May 26, 2026 with settlement on or about May 29, 2026. The pricing supplement discloses an estimated value of approximately $954.40 per $1,000 note and a minimum estimated value of $930.00 per $1,000 note; selling commissions are up to $17.50 per $1,000 and a structuring fee up to $1.00 per $1,000.
JPMorgan Chase & Co. is offering Callable Zero Coupon Notes due May 18, 2056 with an Original Issue Price of $162.230 per $1,000 principal amount. The notes pay no periodic interest and accrete to a stated Yield to Maturity of 6.25% per annum, compounded annually using a 360-day year. The issuer may redeem the notes in whole on each May 18 from 2028 through 2055 at the Accreted Principal Amount listed in the accretion schedule. The notes are unsecured, not FDIC-insured, and treated as OID for U.S. federal tax purposes.
JPMorgan Chase Financial Company LLC offers capped buffered return enhanced notes linked to the EURO STOXX 50® Index. The notes are designed to provide 2.00 times upside exposure up to a 30.20 Maximum Return, with a 15.00 buffer against losses and a maturity date of May 18, 2028.
The notes pay no interest, may lose up to 85.00 of principal if the Index falls beyond the buffer, and are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. Pricing is expected on or about May 14, 2026 with settlement on or about May 19, 2026. The estimated value at pricing is approximately $989.90 per $1,000 principal amount note and will not be less than $950.00 per $1,000 principal amount note.
JPMorgan Chase Financial Company LLC is offering capped buffered return enhanced notes linked to the S&P 500® Index due May 18, 2028, fully guaranteed by JPMorgan Chase & Co. The notes pay 1.50x of positive Index appreciation up to a Maximum Return of 22.15% and provide a 15.00% buffer against Index declines. Investors forgo interest and dividends and may lose up to 85.00% of principal; estimated note value at pricing is $988.20 per $1,000, with a stated floor estimated value of at least $950.00 per $1,000.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes due August 26, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment on a Review Date only if the closing level of each index (Dow Jones, Russell 2000, S&P 500) is at or above an Interest Barrier equal to 75.00% of its Initial Value. The notes are automatically callable (earliest call date November 23, 2026) if each index on a callable Review Date is at or above its Initial Value, in which case holders receive principal plus the applicable contingent interest.
Estimated pricing information indicates an approximate estimated value of $964.10 per $1,000 note (pricing expected on or about May 21, 2026; settlement expected on or about May 27, 2026) and an estimated value that will not be less than $900.00 per $1,000. The Contingent Interest Rate will be disclosed in the pricing supplement and will be at least 8.05% per annum. Investors bear credit risk of JPMorgan Financial and JPMorgan Chase & Co., face potential loss of principal if the Least Performing Index falls below the Trigger Value at maturity, and should expect limited liquidity and no dividend or fixed interest guarantees.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, due April 18, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a $1,000 principal amount and minimum denomination of $1,000. Pricing is expected on or about May 12, 2026 with settlement on or about May 15, 2026. The notes pay contingent interest only when each Index is ≥ 70.00% of its Initial Value (the Interest Barrier) on a Review Date, are automatically callable if each Index is ≥ its Initial Value on eligible Review Dates (earliest automatic call August 12, 2026), and expose investors at maturity to losses based on the Least Performing Index Return. The estimated value is approximately $971.70 per $1,000 note (not less than $900.00), and the Contingent Interest Rate will be at least 11.40% per annum. CUSIP: 46660TVV9.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes due May 24, 2029, fully guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment on specified Review Dates only if each Index is at or above an Interest Barrier of 60.00% of its Initial Value. The notes may be automatically called beginning May 19, 2027 if each Index is at or above its Initial Value on a Review Date. Estimated value at pricing is approximately $971.20 per $1,000 note; the estimated value will not be less than $900.00 per $1,000. The Contingent Interest Rate will be at least 9.50% per annum. Payments and principal at maturity depend on the performance of the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index, exposing investors to potential loss of principal.
JPMorgan Chase Financial Company LLC priced $400,000 of Auto Callable Contingent Interest Notes linked to Coinbase Global, Inc. common stock, expected to settle on or about May 7, 2026. The notes pay a Contingent Interest Rate of 31.84% per annum (equivalent to $79.60 per $1,000 per quarter) only if the Reference Stock meets an Interest Barrier of 60.00% of the Strike Value on Review Dates. Strike Value was set at $191.25 (closing price on May 1, 2026), making the Interest Barrier $114.75. The notes mature on November 4, 2027, are automatically called if the Reference Stock closes at or above the Strike Value on an interim Review Date (earliest call August 3, 2026), and are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. Investors bear credit risk of the issuer/guarantor and risk of losing a significant portion or all principal if the Final Value is below the Trigger Value.
JPMorgan Chase Financial Company LLC issued $2,450,000 of Auto Callable Contingent Interest Notes due May 9, 2029, fully guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of 12.90% per annum (equivalent to $10.75 per $1,000 on an applicable Interest Payment Date) when, on a Review Date, the closing price of one share of each referenced ETF is at or above an Interest Barrier (60% of Initial Value). The notes are automatically called if on a Review Date (other than the first five and final Review Date) the closing price of each Fund is at or above its Initial Value; the earliest call date is November 4, 2026. If not called, maturity payment depends on the Least Performing Fund Return relative to a Trigger Value (50% of Initial Value), potentially resulting in >50% principal loss or total principal loss. Price to public was $1,000 per note (selling commissions $29.50 per note); proceeds to issuer were $970.50 per note. Pricing Date was May 4, 2026 with expected settlement on or about May 7, 2026.
JPMorgan Chase Financial Company LLC priced $1,000,000 of Digital Notes due June 9, 2027, fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent digital return of 11.20% at maturity if, on each day during the Monitoring Period, the closing level of each Index is at least 60.00% of its Initial Value. If a Trigger Event occurs (any Index closes below its Trigger Value during the Monitoring Period), holders may lose some or all principal depending on the Final Value of the Least Performing Index. The notes priced on May 4, 2026 and are expected to settle on or about May 7, 2026.
JPMorgan Chase Financial Company LLC priced $2,437,000 of Digital Barrier Notes due May 4, 2029, fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent digital return of 50.00% at maturity if the Final Value of the lesser performing of the Nasdaq-100 and Russell 2000 is greater than or equal to its Strike Value (Strike Date: May 1, 2026). Each Index has a Barrier Amount equal to 75.00% of its Strike Value; the pricing supplement lists the Strike Values as 27,710.36 (Nasdaq-100) and 2,812.822 (Russell 2000). If the Final Value of the lesser performing Index is below its Barrier Amount, principal is exposed to downside on a one-for-one basis. The notes were priced on May 4, 2026, with an estimated value of $983.20 per $1,000 and selling commissions of $6.00 per $1,000. Settlement is expected on or about May 7, 2026.
JPMorgan Chase Financial Company LLC priced $2,525,000 aggregate principal of Digital Medium-Term Notes, Series A, due August 6, 2027, linked to the iShares® 20+ Year Treasury Bond ETF (TLT). The notes pay no interest; repayment at maturity is based on the underlier return from the trade date May 4, 2026 to the determination date August 4, 2027. If the final underlier level is ≥ 90.00% of the initial level, the holder receives a capped $1,075.00 per $1,000 principal; declines beyond the 10.00% buffer produce leveraged principal losses (approximately 1.1111% loss in principal per 1% decline beyond the buffer).
The notes were issued at 100.00% of principal (settlement May 7, 2026); the estimated value at pricing was $981.90 per $1,000. Payments are subject to the credit risk of JPMorgan Chase Financial and the guarantor, JPMorgan Chase & Co. The offering includes a selling commission of 1.09%.
JPMorgan Chase Financial Company LLC priced $700,000 of structured Review Notes linked to the VanEck® Oil Services ETF (OIH). The notes priced on May 4, 2026 and are expected to settle on or about May 7, 2026. Each $1,000 principal note may be automatically called beginning November 4, 2026 if the Fund's closing price is at or above the Call Value of 100% of the Initial Value. If not called, at maturity on May 9, 2028 investors receive principal if the Final Value is at or above the Barrier Amount (60% of the Initial Value); otherwise payment equals $1,000 plus $1,000×Fund Return, exposing holders to loss of more than 40.00% and possible total loss. The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering Capped Accelerated Barrier Notes linked to the S&P 500® Index, due October 17, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a capped positive return (Maximum Return: at least 81.5992%) at maturity if the Final Value exceeds specified thresholds, and expose investors to partial or total loss of principal depending on index performance and barrier outcomes. Pricing is expected on or about May 6, 2026 with settlement on or about May 11, 2026. The notes have $1,000 minimum denominations, an estimated value floor of $950.00 per $1,000 when set, and an illustrative estimated value today of $982.80 per $1,000. Key terms include an Upper Barrier of 86.00% and a Lower Barrier of 72.00% of the Initial Value, upside leverage factors of 0.7631 and 1.4295, a downside leverage factor of 2.00, and detailed averaging dates for Initial and Ending averages.
JPMorgan Chase Financial Company LLC priced $1,474,000 of uncapped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Russell 2000® and the S&P 500®, due May 9, 2029. The notes priced on May 4, 2026 and are expected to settle on or about May 7, 2026. Each $1,000 note offers an Upside Leverage Factor of 1.1425 and an 18.00% Buffer Amount. Under stated formulas you may receive leveraged appreciation if indices rise, an absolute-value payout for modest declines up to 18.00%, or lose up to 82.00% of principal if the lesser performing index falls more than 18.00%. The estimated value when terms were set was $977.70 per $1,000. Payments depend on each Index individually and are subject to credit risk of JPMorgan Financial and the guarantee of JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC priced $325,000 of Review Notes linked to the MerQube US Tech+ Vol Advantage Index. The notes were priced on May 4, 2026 and expected to settle on or about May 7, 2026. Each $1,000 note carries a $39 selling commission and proceeds to the issuer of $961 per note. The notes can be automatically called on scheduled Review Dates beginning May 6, 2027 for stated Call Premium Amounts up to $630 per $1,000 if the Index meets the Call Value. The Index reflects a 6.0% per annum daily deduction and a notional financing cost tied to the QQQ Fund, which materially reduces the Index level versus an identical index without such deductions. If not called, investors receive repayment of principal at maturity on May 9, 2033, subject to the issuer’s and guarantor’s credit risk.
JPMorgan Chase Financial Company LLC priced $980,000 of Capped Dual Directional Buffered Equity Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500. The notes were priced on May 4, 2026 with expected settlement on or about May 7, 2026
Key economic terms: a Maximum Upside Return of 16.55%, a Buffer Amount of 12.00%, minimum denominations of $1,000, and an Observation Date of June 4, 2027 with Maturity on June 9, 2027. Investors may lose up to 88.00% of principal if the lesser performing index declines beyond the buffer. The notes are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC priced a structured note offering: Uncapped Dual Directional Accelerated Barrier Notes due May 17, 2029, fully guaranteed by JPMorgan Chase & Co. The notes provide at‑maturity payoffs linked to the Least Performing of the Dow Jones Industrial Average®, the Nasdaq‑100® and the Russell 2000® with an Upside Leverage Factor of at least 1.385 and a Barrier Amount equal to 60.00% of each Index Initial Value. Pricing date and settlement are on or about May 13, 2026 and May 18, 2026, respectively. The estimated value at issuance is approximately $980.00 per $1,000 note (minimum stated estimated value $950.00). Payouts vary by scenario, with a capped positive payment of up to $1,400.00 per $1,000 if certain conditions apply and potential loss of principal if the Least Performing Index falls below the Barrier Amount.
JPMorgan Chase Financial Company LLC priced a structured note offering: $584,000 of Uncapped Buffered Return Enhanced Notes linked to the lesser performing of the iShares MSCI EAFE ETF (EFA) and the EURO STOXX 50 Index (SX5E). The notes priced on May 4, 2026, with expected settlement on or about May 7, 2026, an observation date of May 5, 2031 and a maturity date of May 8, 2031. Key economics: Upside Leverage Factor 2.00, Buffer Amount 15.00%, minimum denomination $1,000. The notes repay $1,000 plus 2.00× the Lesser Performing Underlying Return if both Underlyings appreciate; they provide a 15% downside buffer but expose holders to up to 85.00% principal loss if the Lesser Performing Underlying declines beyond the buffer. The original issue price was $1,000 per note, estimated value $947.90 per note, selling commission $11.25 per note; proceeds to issuer total $577,430. Payments are unsecured obligations of JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co., and subject to the issuers’ credit risk.
JPMorgan Chase Financial Company LLC is offering Buffered Digital Notes linked to the iShares MSCI EAFE ETF (EFA) due May 17, 2028. The notes provide a Contingent Digital Return of at least 17.85% if the Fund's Final Value is >= the Initial Value or down by up to a 10.00% buffer. If the Fund falls by more than 10.00%, principal is reduced dollar-for-dollar beyond the buffer (losses up to 90.00% of principal).
Key mechanics: Pricing expected on or about May 12, 2026, settlement on or about May 15, 2026, Observation Date May 12, 2028. Estimated note value ~$982.70 per $1,000 (cover); estimated value will not be less than $900.00 per $1,000 when terms are set. Notes are unsecured obligations of JPMorgan Financial and fully guaranteed by JPMorgan Chase & Co.; payments are subject to both credit risks.
JPMorgan Chase & Co. published a prospectus supplement and index supplements for the J.P. Morgan Kronos US Equity (JPUSKRSP) Index, providing hypothetical backtested returns and actual historical performance through April 30, 2026. The materials note that the Index was established on June 11, 2021 and that past or backtested results are not indicative of future results.
The presentation discloses the Index methodology, a fee of 0.35% per annum, possible notional financing costs tied to the Effective Federal Funds Rate, and a list of selected risks including strategy overlap, limited operating history, and that the Index comprises notional assets and liabilities. The supplement replaces prior monthly updates and emphasizes the limitations of hypothetical backtested returns.
JPMorgan provides a monthly performance update for the J.P. Morgan Kronos SM US Equity (JPUSKRSP) Index, a rules-based index that targets dynamic 50%, 100% or 150% exposure to the S&P 500 Price Index. The update presents hypothetical backtested performance from Apr 2016 through Apr 2026 and actual index levels since the index launch on June 11, 2021.
The Index excludes dividend reinvestment, is subject to a daily deduction equivalent to a 0.35% per annum index fee, and may include a notional financing cost tied to the Effective Federal Funds Rate. The document highlights historical returns, volatility, Sharpe ratios and monthly exposure schedules, and reiterates standard disclaimers that past and backtested performance are not indicative of future results.
JPMorgan Chase Financial Company LLC is offering auto-callable buffered equity notes linked to the MerQube US Tech+ Vol Advantage Index with a pricing date on or about May 14, 2026 and an original issue (settlement) date on or about May 19, 2026. The notes have $1,000 minimum denominations, a maturity date of May 19, 2031, and an automatic call feature beginning on May 18, 2027. The Index includes a 6.0% per annum daily deduction and a notional financing cost. Investors face up to 85.00% principal loss at maturity if the Final Value declines beyond the 15.00% buffer. The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC offers $1,000,000 of Digital Contingent Buffered Notes linked to the S&P 500® Index. The notes pay a Contingent Digital Return of 7.95% at maturity if the Ending Index Level is at or above the Index Strike Level of 7,230.12 or if the Index declines by no more than the Contingent Buffer Amount of 25.00%. If the Index falls by more than 25.00% from the Strike, payments decline dollar-for-dollar with the Index Return. The notes price at $1,000.00 per note (total price to public $1,000,000.00); JPMS sells with a $5.00 commission per note, yielding proceeds to the issuer of $995.00 per note. Key dates: Pricing Date May 4, 2026, Original Issue Date on or about May 7, 2026, Valuation Date May 14, 2027, and Maturity Date May 19, 2027. The estimated value when set was $989.90 per $1,000 note.
JPMorgan Chase Financial Company LLC priced $571,000 of Capped Dual Directional Buffered Equity Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes priced on May 4, 2026 with an expected settlement on or about May 7, 2026, an Observation Date of May 4, 2028 and a Maturity Date of May 9, 2028. Key economics include a Maximum Upside Return of 19.85%, a Buffer Amount of 15.00%, an Initial Value of the S&P 500® Index of 7,200.75 and minimum denominations of $1,000.
Each $1,000 principal note priced to the public at $1,000 (selling commission $9.50 per note), the estimated value when set was $978.00 per $1,000 principal amount. Payments at maturity vary by Index Return, including capped upside and buffered downside mechanics described in the pricing supplement.
JPMorgan Chase Financial Company LLC priced a structured note: Uncapped Accelerated Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500. The notes offer an Upside Leverage Factor of at least 1.7925 and a Barrier Amount equal to 70.00% of each Index's Initial Value. Pricing is expected on or about May 15, 2026 with settlement on or about May 20, 2026. Payment at maturity depends on the Least Performing Index Return: if all Indices finish above initial levels, you receive $1,000 plus leveraged upside; if any Index falls below 70% of its Initial Value you suffer proportional principal loss (potentially complete loss). The notes are unsecured obligations of JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co., and are not FDIC insured.
JPMorgan Chase Financial Company LLC priced $2,250,000 of structured Review Notes due May 9, 2029, fully guaranteed by JPMorgan Chase & Co. The notes, in $1,000 minimum denominations, were priced May 4, 2026 and expected to settle on or about May 7, 2026. Each note sells at $1,000 with selling commissions of $22.50 and proceeds to issuer of $977.50 per note; the issuer-estimated value at pricing was $952.20 per $1,000. The notes reference the MSCI EAFE and MSCI Emerging Markets indices, feature automatic call opportunities on three annual Review Dates beginning May 5, 2027, a Barrier Amount of 70.00% of initial index values, and Call Premiums of 12.00%, 24.00% and 36.00% on the first, second and final Review Dates, respectively. Investors bear credit risk of JPMorgan Financial and JPMorgan Chase & Co., no interest or dividends, potential principal loss tied to the lesser performing index, and limited liquidity.
JPMorgan Chase Financial Company LLC priced $9,295,000 of capped buffered enhanced participation equity notes due June 8, 2027. The notes (principal $1,000 each) are linked to the S&P 500® Index, pay no interest and are fully guaranteed by JPMorgan Chase & Co. Investors receive a participation of 1.50 in upside subject to a cap level of 108.39% and a maximum settlement amount of $1,125.85 per $1,000 note. A buffer of 10.00% (buffer level 90.00% of the initial underlier) protects against declines up to 10.00%; declines beyond that expose holders to leveraged losses. The estimated value at pricing was $985.90 per $1,000 note; original issue price was 100.00% with underwriting commissions of 1.08%.
Payments at maturity depend on the final underlier level on the determination date (June 4, 2027) and are subject to issuer and guarantor credit risk, potential tax uncertainty including Section 871(m), limited liquidity, and conflicts of interest described in the supplement.
JPMorgan Chase Financial Company LLC is offering structured notes due May 20, 2031, fully guaranteed by JPMorgan Chase & Co. The notes pay no interest and may be automatically called on specified Review Dates beginning May 19, 2027, for predetermined Call Premium Amounts per $1,000 note. If not called, repayment at maturity depends on the Least Performing Index (Dow Jones, Nasdaq-100, Russell 2000). A Barrier Amount of 70.00% applies: if the Final Value of any Index is below that barrier, principal at maturity is reduced by the Least Performing Index Return, which can result in a loss of principal, including total loss. The notes are unsecured obligations of JPMorgan Financial with full guarantee by JPMorgan Chase & Co., minimum denomination $1,000, expected pricing on or about May 15, 2026, and settlement on or about May 20, 2026.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100®, Russell 2000® and S&P 500® indices due May 18, 2027, fully guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about May 13, 2026 and settle on or about May 18, 2026.
The notes pay contingent monthly interest only if, on a Review Date, each Index closes at or above an Interest Barrier equal to 75.00% of its Initial Value. The notes are automatically callable beginning on November 13, 2026 if each Index closes at or above its Initial Value on a callable Review Date. At maturity, if not called, payment depends on the Least Performing Index relative to a Buffer Threshold (75.00%): the investor can lose up to 75.00% of principal if the Least Performing Index Return is below the buffer.
JPMorgan Chase Financial Company LLC is offering auto-callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, expected to price on or about May 11, 2026 and settle on or about May 13, 2026. The notes pay contingent monthly interest only when the Index on a Review Date is at or above an Interest Barrier of 70.00% of the Initial Value, include a Trigger Value of 60.00% of the Initial Value that affects principal protection at maturity, and may be automatically called beginning November 11, 2026.
The Index embeds a 6.0% per annum daily deduction, employs leverage tied to a 35% target volatility using SPY implied volatility, and is subject to risks including significant drag from the daily deduction, leverage effects, concentration in E-mini S&P 500 futures, issuer credit risk of JPMorgan Financial and JPMorgan Chase & Co., and limited liquidity. The pricing supplement states an estimated note value of approximately $936.80 per $1,000 (not less than $900.00) and a minimum contingent interest rate of 15.85% per annum.
JPMorgan Chase Financial Company LLC is offering structured, auto-callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, due November 15, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay Contingent Interest Payments on scheduled Review Dates when the Index is at or above an Interest Barrier (70% of Initial Value). The notes may be automatically called if the Index on a Review Date (after the fifth Review Date) is at or above the Initial Value, with the earliest possible automatic call on November 12, 2026. The Index includes a 6.0% per annum daily deduction, the Contingent Interest Rate will be at least 11.75% per annum, and minimum denomination is $1,000. Estimated value at pricing example is $942.60 per $1,000 note (not less than $900.00); final terms and pricing will appear in the pricing supplement. Investors bear credit risk of the issuer and guarantor, may receive no interest, and can lose principal if the Final Value is below the Trigger Value.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the MerQube US Large‑Cap Vol Advantage Index, due November 15, 2029, with minimum denominations of $1,000. The notes pay contingent monthly interest when the Index is at or above an Interest Barrier of 70.00% of the Initial Value and may be automatically called beginning November 11, 2026. The Index is subject to a 6.0% per annum daily deduction, the notes do not guarantee principal or interest, and payments are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering callable Contingent Interest Notes due April 18, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and is designed to pay monthly Contingent Interest Payments only when the closing value of each underlying (the Russell 2000, the S&P 500 and the VanEck Gold Miners ETF) is at or above an Interest Barrier equal to 50.00% of its Initial Value on a Review Date. The notes may be redeemed early at the issuer's option beginning August 17, 2026. The Contingent Interest Rate will be at least 8.20% per annum; the estimated value when priced is ~$954.00 per $1,000 note and will not be less than $900.00 per note. The notes do not guarantee principal or interest and are subject to credit risk of the issuer and guarantor and to the individual performance of each Underlying.
JPMorgan Chase Financial Company LLC offers callable Contingent Interest Notes due April 18, 2028, fully guaranteed by JPMorgan Chase & Co. The notes pay periodic Contingent Interest Payments only when each of three Underlyings meets an Interest Barrier equal to 60.00% of its Initial Value. The notes may be called by the issuer on interest dates beginning August 17, 2026. The stated minimum Contingent Interest Rate is 9.10% per annum; pricing is expected on or about May 12, 2026 with settlement about May 15, 2026. The estimated value at issuance is approximately $960.50 per $1,000 note and will not be less than $900.00. Payment at maturity, if not redeemed early, depends on the Least Performing Underlying and may result in loss of principal.
JPMorgan Chase Financial Company LLC is offering callable Contingent Interest Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The notes have an Interest Barrier of 60.00% of each Index's Initial Value and a Trigger Value of 60.00%. Contingent Interest Payments occur only when each Index on a Review Date is at or above the Interest Barrier. The notes are callable starting August 17, 2026, expected to price on or about May 12, 2026 and settle on or about May 15, 2026. Minimum denomination is $1,000. The estimated value at pricing is approximately $974.30 per $1,000 note and will not be less than $900.00 per $1,000 note. The Contingent Interest Rate will be provided in the pricing supplement and will be at least 9.05% per annum. Payments and principal at maturity depend on the performance of the Least Performing Index and are subject to issuer and guarantor credit risk.
JPMorgan Chase Financial Company LLC is offering structured notes due May 20, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and are linked to the Nasdaq-100 Technology Sector, Russell 2000 and S&P 500 indices. They can be automatically called as early as May 18, 2027 if each index closes at or above its Call Value, producing a Call Premium (minimums range from 12.00% to 48.00% of principal depending on the Review Date). The notes feature a Barrier Amount equal to 70.00% of each index's Initial Value; if any index finishes below that barrier at maturity, payment is reduced pro rata based on the Least Performing Index Return (potentially losing more than 30.00% or all principal). Estimated value at pricing is about $940.00 per $1,000 note and will not be less than $920.00 per $1,000 note. The notes are unsecured obligations of the issuer and are subject to issuer and guarantor credit risk, limited liquidity, and other risks described in the supplement.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, fully guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment only on Review Dates when each Index is at least 75.00% of its Initial Value (the Interest Barrier). The notes may be automatically called on a qualifying Review Date (earliest automatic call November 13, 2026), in which case holders receive principal plus the applicable contingent interest. Expected pricing and settlement are on or about May 13, 2026 and May 18, 2026. The estimated value at pricing is approx. $987.00 per $1,000 principal amount (not less than $900.00), the original issue price will exceed the estimated value, and investors can lose up to 75.00% of principal if the Least Performing Index falls below the Buffer Threshold. Minimum denomination is $1,000.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes due May 18, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay contingent monthly interest only if each of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index is at or above an Interest Barrier equal to 75.00% of its Initial Value on a Review Date. The notes may be automatically called beginning November 13, 2026 if each Index is at or above its Initial Value on a non‑early Review Date. The stated minimum estimated value when priced will be at least $900.00 per $1,000 principal amount note, and the illustrative contingent interest rate will be at least 8.45% per annum. Principal at maturity, if not called, is determined by the Least Performing Index and may result in up to 75.00% principal loss if the Final Value is sufficiently below the Initial Value.
JPMorgan Chase Financial Company LLC priced $354,000 of callable Contingent Interest Notes due November 8, 2029, fully guaranteed by JPMorgan Chase & Co.
The notes pay monthly Contingent Interest Payments when each underlying (Russell 2000, S&P 500 and the State Street Utilities ETF) closes at or above 60.00% of its Initial Value. The notes may be called quarterly beginning November 9, 2026. Investors face principal loss if the Least Performing Underlying finishes below its Trigger Value.
JPMorgan Chase Financial Company LLC is offering Contingent Interest Notes linked to the Global X Uranium ETF (URA), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly Contingent Interest Payment only if the Fund's closing price on a Review Date is at or above an Interest Barrier of 60.00% of the Initial Value. The Contingent Interest Rate will be at least 15.35% per annum (at least 3.8375% per quarter) and the notes mature on May 11, 2029. Pricing is expected on or about May 8, 2026 with settlement on or about May 13, 2026. At maturity, if the Final Value is below the Trigger Value, each $1,000 note will pay $1,000 + ($1,000 × Fund Return), exposing holders to potential principal losses (including loss greater than 40.00% or total loss). The notes are unsecured obligations of the issuer and subject to issuer and guarantor credit risk and other described market, liquidity and tax risks.
JPMorgan Chase Financial Company LLC launched a primary offering of Auto Callable Contingent Interest Notes due May 10, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay quarterly contingent interest (at least 10.65% per annum, equivalent to at least $26.625 per $1,000 per quarter when triggered) if each referenced ETF closes at or above an Interest Barrier equal to 60.00% of its Strike Value on a Review Date. The Strike Values (as of May 5, 2026) were $57.22 (MCHI), $65.75 (EWZ) and $39.71 (FEZ); corresponding Interest Barriers are $34.332, $23.826 and $39.45 as stated. The notes are automatically callable beginning with the November 5, 2026 Review Date and may repay principal plus accrued contingent interest on call. If not called and the Final Value of any Fund is below its Trigger Value, maturity payment is reduced pro rata by the Least Performing Fund Return, which could result in losses exceeding 40.00% or total loss of principal. The notes are unsecured obligations of JPMorgan Financial and carry issuer and guarantor credit risk. Pricing was expected on or about May 6, 2026 with settlement on or about May 11, 2026.
JPMorgan Chase Financial Company LLC is offering Uncapped Accelerated Barrier Notes linked to the lesser performing of the iShares® MSCI EAFE ETF and the EURO STOXX 50® Index, with an Upside Leverage Factor of at least 2.18. The notes price on or about May 29, 2026 and are expected to settle on or about June 3, 2026.
Per $1,000 principal amount, the estimated value at pricing is approximately $958.80 and will not be less than $900.00. The notes pay at maturity based on the return of the lesser performing Underlying: if both Underlyings rise, payoff = $1,000 + $1,000 × Lesser Performing Return × Upside Leverage Factor; if either falls below the Barrier Amount of 65.00% of Initial Value, the investor suffers proportional losses (loss of > 35.00% if below the barrier). The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry issuer and guarantor credit risk.
JPMorgan Chase Financial Company LLC is offering structured Buffered Digital Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 Indices. The notes target a Contingent Digital Return of at least 14.70% at maturity and provide a 10.00% buffer against losses in the least performing Index. If the least performing Index declines by more than 10.00%, investors lose 1% of principal for each 1% decline beyond the buffer, up to a 90.00% loss. Notes are unsecured obligations of JPMorgan Chase Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co. Pricing is expected on or about May 18, 2026 with settlement on or about May 21, 2026. Minimum denomination is $1,000. The estimated value at pricing is approximately $990.20 per $1,000 and will not be less than $960.00 per $1,000.
JPMorgan Chase Financial Company LLC is offering uncapped Accelerated Barrier Notes linked to the lesser performing of the iShares® MSCI EAFE ETF (EFA) and the EURO STOXX 50® Index (SX5E), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes (minimum denomination $1,000) are designed to provide an upside equal to at least 2.00× the appreciation of the lesser performing Underlying at maturity, subject to a 70.00% Barrier Amount. Pricing is expected on or about May 26, 2026 with settlement on or about May 29, 2026, and an Observation Date of May 27, 2031 and Maturity Date of May 30, 2031. If either Underlying closes below the Barrier Amount on the Observation Date, losses track the percentage decline of the lesser performing Underlying and could result in substantial or total loss of principal. The pricing supplement discloses an estimated note value of $929.50 per $1,000 and states the estimated value will not be less than $900.00 per $1,000 when terms are set; selling commissions may be up to $42.50 per $1,000. Credit risk, liquidity constraints, potential acceleration events, limited anti-dilution protection for the Fund, currency exposure and tax uncertainties are highlighted as material risks.
JPMorgan Chase Financial Company LLC is offering structured notes linked to the MerQube US Large-Cap Vol Advantage Index, due May 10, 2033, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on quarterly Review Dates beginning May 11, 2027 for cash equal to $1,000 plus a scheduled Call Premium Amount. The Index is subject to a 6.0% per annum daily deduction and a Barrier Amount of 50.00% of the Strike Value (2,065.875). If not called and the Final Value is below the Barrier Amount, holders suffer proportional losses of principal at maturity. Estimated value examples: approximately $930 per $1,000 note today and a minimum estimated value of $900 per $1,000 note when terms are set.
JPMorgan Chase Financial Company LLC proposes Uncapped Dual Directional Buffered Return Enhanced Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The notes price on or about May 29, 2026 and are expected to settle on or about June 3, 2026, with maturity on June 2, 2028. Each $1,000 note offers at least an Upside Leverage Factor of 1.18 on positive performance of the least performing index and a Buffer Amount of 20.00 that limits certain negative-return payouts. Estimated value at pricing example: $987.80 per $1,000 (will not be less than $950.00). Investors bear credit risk of JPMorgan Financial and its guarantor, JPMorgan Chase & Co., receive no dividends or interest, and may lose up to 80.00 of principal if the least performing index declines beyond the buffer.
JPMorgan Chase Financial Company LLC is offering Buffered Digital Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, with a Contingent Digital Return of at least 12.35% and a Buffer Amount of 15.00%. The notes are expected to price on or about May 8, 2026 and to settle on or about May 13, 2026, maturing on June 11, 2027. Payment at maturity is determined by the Least Performing Index: if that Index is down by more than 15.00%, investors lose 1% of principal for each 1% the Least Performing Index is below the Buffer; if the Least Performing Index is within the Buffer or up, investors receive principal plus the Contingent Digital Return. Notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. Minimum denomination is $1,000. The estimated value at pricing is approximately $985.70 per $1,000 note (the pricing supplement states the estimated value will not be less than $900.00 per $1,000). CUSIP: 46660TTC4.
JPMorgan Chase Financial Company LLC is offering capped, dual directional buffered equity notes due May 16, 2028, fully guaranteed by JPMorgan Chase & Co. The notes provide capped upside (a Maximum Upside Return of 40.00%) or a capped payout for limited declines up to a Buffer Amount of 15.00%. Investors forgo interest and dividends and may lose up to 85.00% of principal if the lesser performing of the Nasdaq-100 and S&P 500 declines beyond the buffer. Expected price and settlement dates are on or about May 11, 2026 and May 14, 2026, respectively; the estimated value at pricing is shown as $981.50 per $1,000 note (not less than $950.00 when set). Payments are determined by the performance of each Index individually and by the Lesser Performing Index at maturity. The notes are unsecured obligations of JPMorgan Financial and subject to the credit risk of the issuer and guarantor.