Every 424B that JPMorgan Chase & Co. (JPM) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow JPM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JPM filings page.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured Buffered Digital Notes linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing on August 30, 2029 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes target a fixed Contingent Digital Return of at least 30.90% at maturity if the final level of each index is at or above its initial level or down by no more than the 20.00% Buffer Amount. If any index falls by more than 20%, principal is reduced 1% for each additional 1% decline in the least performing index, up to an 80% loss, so investors may receive as little as $200 per $1,000 note at maturity.
The notes pay no interest, provide no dividends on index constituents and will not be listed on any exchange. The estimated value, if priced on the described date, would be about $982.10 per $1,000 note and will not be less than $900.00 per $1,000 when set, reflecting selling commissions, hedging costs and the issuer’s internal funding rate. Repayment depends on the credit of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, offers Uncapped Dual Directional Accelerated Barrier Notes linked to the Nasdaq‑100 Index®, the Russell 2000® Index and the S&P 500® Index, with a minimum denomination of $1,000 and maturity on August 30, 2029.
At maturity, if each index finishes at or above its Initial Value, investors receive principal plus 1.479× the gain of the least performing index, with no upside cap. If any index is at or below its Initial Value but all are at or above 70.00% of Initial Value (the Barrier Amount), the payoff equals principal plus the absolute percentage loss of the least performing index, up to a maximum of $1,300 per $1,000 note when the least performer is down 30%.
If any index closes below its Barrier Amount, investors lose 1% of principal for each 1% decline of the least performing index from its Initial Value, potentially losing all principal. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. An indicative estimated value is $980.30 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000. Liquidity may be limited because the notes are not exchange‑listed, and secondary prices are expected to be below the issue price.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering Uncapped Buffered Return Enhanced Notes due August 30, 2029, linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index. The notes target an uncapped leveraged upside, paying at maturity 1.4755 times any positive return of the least performing index, based on $1,000 minimum denominations, with no interim interest or dividends.
The structure includes a 20% downside buffer; if all indices are at or above 80% of their initial levels, principal is repaid at maturity. If any index falls more than 20%, investors lose 1% of principal for each 1% decline beyond the buffer, up to a maximum 80% loss (receiving $200 per $1,000). The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to their credit risk. Initial estimated value is about $983.40 per $1,000, and will not be less than $900 per $1,000 at pricing, reflecting embedded costs and dealer compensation. The notes will not be listed, and secondary market prices are expected to be below the original issue price.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering Capped Dual Directional Buffered Equity Notes linked to the lesser performing of the Nasdaq‑100 Index® and the S&P 500® Index, maturing on August 31, 2028, at $1,000 per note.
The notes offer unleveraged exposure to index appreciation up to a Maximum Upside Return of at least 22.80% and to the absolute value of index declines up to a 20.00% Buffer Amount. If the lesser performing index falls by more than 20%, principal is reduced 1% for each additional 1% decline, down to a minimum of $200 per $1,000, so up to 80.00% of principal can be lost.
The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial fully and unconditionally guaranteed by JPMorgan Chase & Co., and will not be listed, so liquidity depends on JPMS. If priced today, the estimated value would be about $968.70 per $1,000, and will not be less than $900.00 at pricing, reflecting selling costs and hedging. Tax counsel views the notes as open transactions treated as prepaid financial contracts, but notes that IRS or future guidance could materially and adversely change U.S. tax consequences.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $3,771,000 of 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. The notes are issued at $1,000 per note, with selling commissions of $6 per note and issuer proceeds of $994 per note; total proceeds to the issuer are $3,748,374. The estimated value at pricing was $981.60 per $1,000 note.
The payoff at maturity depends on the “Lesser Performing Fund.” If each fund finishes above its Initial Value (SPY $765.72; QQQ $713.44), investors receive 1.35 times the lesser fund’s gain. If either fund is at or below its Initial Value but both stay at or above 70% of Initial Value (the Barrier Amount), principal is returned. If either fund closes below its Barrier Amount, principal is reduced one-for-one with the lesser fund’s loss, and investors can lose more than 30% and up to all principal. The notes pay no interest, provide no dividends, are unsecured obligations subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., may be accelerated upon certain fund events, and are expected to have limited or no secondary market liquidity.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is issuing $500,000 of Auto Callable Contingent Interest Notes linked to Tesla, Navitas Semiconductor and Ondas, maturing on February 26, 2032. The notes pay a 16.55% per annum contingent coupon (1.37917% monthly) only if on a Review Date each stock is at or above its Interest Barrier of 60% of its Initial Value; missed coupons can be paid later if barriers are met.
The notes are automatically called (from February 22, 2027 onward) if on a Review Date each stock is at or above its Call Value of 80% of its Initial Value, returning principal plus due and unpaid coupons. If not called, and the worst-performing stock finishes at or above its Buffer Threshold of 50% of Initial Value, investors receive full principal plus applicable coupons at maturity.
If the Final Value of any stock is below its Buffer Threshold, repayment is reduced by the decline of the Least Performing Reference Stock beyond the 50% buffer, up to a 50% principal loss. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to their credit risk. The price to public is $1,000 per note, including $42.75 in fees and commissions, while the issuer’s estimated value is $873.80 per $1,000 note.
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 issuing $1,000,000 Auto Callable Buffered Return Enhanced Notes linked to the MSCI Emerging Markets Index, due August 26, 2030, in minimum denominations of $1,000. The notes may be automatically called on August 27, 2027 if the Index is at or above the Call Value (100% of the Initial Value), paying $1,180 per $1,000 note and then terminating.
If not called, at maturity investors receive: (1) $1,000 + 1.40× Index gain if the Index is above the Initial Value; (2) return of principal if the Index is flat or down by up to the 20% Buffer Amount; or (3) a leveraged loss of 1.25% for each 1% Index decline beyond the 20% buffer, potentially losing all principal. The Initial Value was 1,721.89 on August 21, 2026. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., are not listed on any exchange, and have an estimated value of $981.40 per $1,000 at pricing, reflecting structuring and hedging costs. Investors are exposed to emerging markets equity and currency risks and complex U.S. tax treatment.
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 market-linked, auto-callable notes due September 6, 2029, with a $1,000 principal amount per security, linked to the worst performer among Alphabet Class A, Amazon.com and Meta Platforms Class A.
The notes may be automatically called on September 3, 2027 if the lowest performing stock’s price is at or above its starting price, paying at least $1,367.50 per security (principal plus a minimum 36.75% call premium). If not called, at maturity holders receive: principal plus 300% of any positive return of the lowest stock; or principal plus its absolute return if it finishes between 60% and 100% of its starting price; or principal reduced one-for-one with its negative return if it falls below 60%, exposing investors to losses of more than 40% and potentially all principal.
The indicative estimated value would be about $943.50 per security and will not be less than $910.00, below the $1,000 price to public, reflecting selling commissions and hedging and structuring costs. The notes are unsecured obligations of the issuer, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are not bank deposits or FDIC insured.
JPMORGAN CHASE & CO (JPM), through its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is offering Medium-Term Notes, Series A, "Digital Equity Notes" due December 6, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the S&P 500 Index and pay no interest.
For each $1,000 note, if the final S&P 500 level on December 4, 2028 is at least 85% of the initial level, investors receive a fixed "threshold settlement amount" expected between $1,175.70 and $1,206.70, capping upside around 17.6%–20.7%. If the index falls more than 15%, principal is lost on a leveraged basis: every 1% decline beyond 15% cuts principal by about 1.1765%, potentially to zero.
The notes will be issued at 100% of principal with no underwriting commission, and net proceeds of 100% to the issuer. An estimated value at pricing is expected between $974.60 and $984.60 per $1,000, reflecting structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., will not be listed, have no redemption right, and involve complex, uncertain U.S. tax treatment, including potential implications under Section 871(m) for non-U.S. investors.
JPMORGAN CHASE & CO (JPM), as guarantor for JPMorgan Chase Financial Company LLC, is offering $14,000,000 of Contingent Income Auto-Callable Securities due August 24, 2029, linked to the worst performing of the Russell 2000, S&P 500 and EURO STOXX 50 indices. Each $1,000 security pays a contingent quarterly coupon of $25.125 (2.5125%) only if on every day in the quarter all three indices stay at or above their coupon barrier level, set at 75% of each index’s initial value; otherwise no coupon is paid.
The notes can be auto-called on scheduled determination dates (other than the first and final) if all indices are at or above their initial values, in which case investors receive $1,000 plus any due coupon. At maturity, if not called and each index is at or above its downside threshold level of 65% of initial, investors receive principal back (and the final coupon if all daily levels also stay above the coupon barrier). If any index finishes below its downside threshold, repayment is reduced 1-for-1 with the decline of the worst-performing index, resulting in less than 65% of principal and potentially zero. The securities are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., with an estimated value on the pricing date of $954 per $1,000 security.
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 issuing $563,000 of auto callable notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued at $1,000 per note, with selling commissions of $44 and issuer proceeds of $956 per note. The earliest automatic call can occur on August 23, 2027 if the Index is at or above the applicable Call Value, paying principal plus a rising Call Premium Amount that starts at 11.25% of principal and steps up over 72 Review Dates. If never called, investors receive at maturity on August 25, 2033 the $1,000 principal plus an Additional Amount equal to $1,000 × Index Return × 100%, floored at zero, providing full principal repayment but no downside participation in the Index. The Index started at an Initial Value of 317.28 on the pricing date and reflects a 1.00% per annum daily deduction. The notes pay no interest, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and have an estimated value of $921.70 per $1,000 at issuance, below the price to public. For U.S. tax purposes they are expected to be treated as contingent payment debt instruments, requiring accrual of original issue discount based on a 4.81% comparable yield and a projected maturity payment of $1,394.75 per $1,000, with numerous detailed risk factors around the automatic call, index strategy, derivatives exposure, liquidity, and tax treatment.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $1,742,000 of Uncapped Accelerated Barrier Notes linked to the lesser performance of the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ, Series 1 (QQQ), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest or dividends and return at maturity 1.40 times any positive return of the lesser performing fund if both finish above their initial values; if either fund finishes at or below its initial value but at or above 70% of its initial value, only principal is returned. If either fund’s final value is below 70% of its initial value, repayment is reduced one-for-one with the lesser performer’s loss, leading to loss of more than 30% and up to all principal. The notes are unsecured, subject to JPMorgan Chase Financial’s and JPMorgan Chase & Co.’s credit risk, not listed on an exchange, and have an estimated value of $983.30 per $1,000 note, below the $1,000 issue price due to selling commissions, hedging costs and structuring fees.
JPMorgan Chase & Co. (symbol JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Callable Contingent Interest Notes linked to the least performing of American Airlines Group Inc., Blackstone Inc. and The Home Depot, Inc., maturing on February 29, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly Contingent Interest Payment only if, on a Review Date, the closing price of one share of each reference stock is at or above 50% of its Strike Value (the Interest Barrier). Missed interest can be paid later if conditions are met. JPMorgan may redeem the notes early on quarterly Optional Call Payment Dates, first eligible on March 1, 2027.
If the notes are not called and, on the final Review Date, any reference stock is below its Trigger Value (generally aligned with the Interest Barrier), investors receive $1,000 plus $1,000 times the Least Performing Stock Return, which can reduce repayment significantly, including a total loss of principal. The indicative Contingent Interest Rate is at least 16.00% per annum, with an indicative estimated value of about $970 per $1,000 note and not less than $950 at pricing. Minimum denomination is $1,000. Any payments depend on the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the notes will not be listed, so liquidity may be limited.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured Auto Callable Contingent Interest Notes due August 30, 2029 linked individually to the Russell 2000® Index, the SPDR® S&P® Regional Banking ETF and the Technology Select Sector SPDR® ETF. Investors receive a Contingent Interest Payment for a Review Date only if each underlying closes at or above its Interest Barrier of 70% of Initial Value; missed coupons can be paid later if a future Review Date meets the barrier. The notes are callable automatically from February 26, 2027 onward if each underlying is at or above its Initial Value, returning principal plus due coupons. If not called, and any underlying finishes below its Trigger Value of 60% of Initial Value at maturity, repayment is reduced one-for-one with the loss on the least performing underlying, down to a total loss of principal. A hypothetical minimum Contingent Interest Rate of 9.20% per annum (0.76667% monthly) and an indicative estimated value of about $954.90 per $1,000 note (not less than $900 at pricing) highlight both income potential and embedded costs. Payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and the notes will not be listed.
JPMorgan Chase & Co. (symbol JPM), through JPMorgan Chase Financial Company LLC, amends the tax disclosure for its Structured Investments Yield Notes linked to the lesser performing of the SPDR S&P 500 ETF Trust and the Invesco QQQ, Series 1 due October 21, 2026. The amendment replaces the prior Tax Treatment section and describes an intended treatment of each note as a unit comprising a cash-settled Put Option written by the investor and a $1,000 Deposit per $1,000 principal amount note. Approximately 41.01% of each interest payment is intended to be reported as interest on the Deposit, with the remainder treated as Put Premium, which is generally not taken into account before sale or settlement. The text highlights that alternative reasonable tax treatments could apply and that future IRS or Treasury guidance, including on “prepaid forward contracts,” could materially and adversely affect tax consequences, potentially retroactively. For Non-U.S. Holders, the issuer’s counsel opines that Section 871(m) withholding on dividend equivalents should not apply to these notes, though the IRS could disagree, and investors are urged to consult tax advisers.
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 (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO. (through subsidiary JPMorgan Chase Financial Company LLC) is offering Capped Dual Directional Buffered Equity Notes linked to the Nasdaq-100 Index®. The notes have a Maximum Upside Return of 13.35% and a 15.00% downside buffer at maturity, with a Downside Leverage Factor of 1.17647 beyond the buffer. The Index Strike Level is 29,213.16, the Valuation Date is September 2, 2027, and the Maturity Date is September 8, 2027. Minimum denomination is $10,000. Investors forgo interest and dividends and face loss of principal if the Index falls by more than 15%. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are sold at $1,000 per note with an estimated value of $987.30.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $500,000 of Capped Dual Directional Buffered Equity Notes linked to the Nasdaq‑100 Index®, in $1,000 denominations (minimum purchase $10,000), maturing February 25, 2028.
The notes provide unleveraged exposure to the Index: if performance is positive, investors receive the Index return capped at a Maximum Upside Return of 17.50% (maximum payment $1,175 per $1,000. If the Index declines by up to the 20.00% Buffer Amount, investors earn the Absolute Index Return, up to a maximum of $1,200 per $1,000 when the Index return is negative. If the Index falls more than 20% below the Index Strike Level of 29,213.16, principal is lost at a Downside Leverage Factor of 1.25 times the decline beyond the buffer.
The notes pay no interest or dividends and are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., exposing investors to both entities’ credit risk. The price to public is $1,000 per note, including $12.50 in selling commissions, while the estimated value at pricing is $984.30 per $1,000.
JPMORGAN CHASE & CO. (through issuer JPMorgan Chase Financial Company LLC) is offering Digital Contingent Buffered Notes linked to the S&P 500® Index. The notes pay no interest or dividends and are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co.
At maturity on August 25, 2036, for each $1,000 note investors receive a fixed payoff of $2,137.00 (a 113.70% Contingent Digital Return) if the S&P 500® ending level is at or above the Index Strike Level or down by up to the 10.00% Contingent Buffer Amount. The Index Strike Level is 7,641.16, the S&P 500® closing level on August 20, 2026.
If the Index falls by more than 10.00% from the strike, the maturity payment is reduced 1:1 with the Index Return: $1,000 + ($1,000 × Index Return), so losses can exceed 10% and extend to a total loss of principal. The total offering is $500,000 in notes at $1,000 each, with $30 in fees and commissions per note and an estimated value of $951.80. Key risks include full downside exposure beyond the buffer, issuer and guarantor credit risk, lack of listing and potentially illiquid secondary markets, and tax uncertainty around treatment as “open transactions.”
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $695,000 of Auto Callable Contingent Interest Notes due August 24, 2029, linked individually to the Nasdaq-100 Index, the Russell 2000 Index and the SPDR S&P Regional Banking ETF. The notes pay a 9.00% per annum Contingent Interest (0.75% per month) only on Review Dates when the closing value of each underlying is at or above 70% of its Initial Value (the Interest Barrier.
The notes may be automatically called as early as February 22, 2027 if on a Review Date (other than the first five and final) each underlying is at or above its Initial Value, paying $1,000 plus that month’s interest. If not called, at maturity investors receive par plus any final interest only if each underlying is at or above 60% of its Initial Value (the Trigger Value; otherwise, principal is reduced one-for-one with the loss on the worst-performing underlying, potentially to zero. The price to public is $1,000 per note, with an estimated value of $951.40, and the notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., with no listing or principal protection.
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 $595,000 of unsecured Contingent Interest Notes due August 24, 2029, linked to the least performing of the Dow Jones Industrial Average®, Russell 2000® Index and Nasdaq-100 Index®, and fully guaranteed by JPMorgan Chase & Co.
The notes pay a 9.05% per annum contingent coupon (0.75417% per month, $7.5417 per $1,000) only on Review Dates when each index closes at or above 70.00% of its Initial Value (Interest Barrier/Trigger Value). Initial Values are 53,277.01 (Dow), 3,017.871 (Russell 2000) and 29,308.86 (Nasdaq-100); corresponding 70% barriers are 37,293.907, 2,112.5097 and 20,516.202.
At maturity, if each index’s Final Value is at or above its Trigger Value, investors receive $1,000 plus the final coupon per note. If any index finishes below its Trigger Value, the payoff becomes $1,000 plus $1,000 times the Least Performing Index Return, exposing holders to losses greater than 30% and up to 100% of principal. The price to public is $1,000 per note, including a $5 selling commission (net proceeds $995); the issuer’s estimated economic value is $976.40 per $1,000. The notes are not listed, may have limited liquidity, pay no dividends, and are subject to the credit risk of both the issuer and guarantor.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering $558,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, due August 26, 2032, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 17.70% per annum (1.475% monthly) only for months when the Index closes at or above 70% of the Initial Value (Interest Barrier). The notes may be automatically called quarterly starting August 23, 2027 if the Index is at or above the Initial Value, paying principal plus the applicable monthly interest and then terminating.
If not called, at maturity investors receive principal plus the final contingent coupon if the Index is at or above a Trigger Value of 50% of the Initial Value. If the Final Value is below the Trigger Value, repayment is $1,000 + ($1,000 × Index Return), so principal loss matches Index decline and can reach 100%. The Index includes a 6.0% per annum daily deduction, uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and may be partly uninvested, all of which can materially reduce performance. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value at pricing was $921.70 per $1,000 note, below the $1,000 issue price due to commissions, hedging and structuring costs.
JPMORGAN CHASE & CO (JPM), via its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is offering Auto Callable Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Index under a shelf registration. The notes are unsecured and unsubordinated obligations of the subsidiary and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes are issued in $1,000 denominations with a total offering of $10,117,000. If on the September 3, 2027 Review Date the S&P 500 closing level is at or above its Initial Index Level of 7,674.37, the notes are automatically called and pay $1,000 plus a 10.01% call premium on September 9, 2027. If not called, at the August 24, 2028 maturity investors receive 1.50x any positive Index Return, or for negative returns up to a 20.00% decline, a positive return equal to the Absolute Index Return, capped at $1,200 per $1,000 note.
If the S&P 500 falls more than 20.00% below the initial level at valuation, principal is exposed 1:1 to further losses, down to zero. The estimated value at pricing was $982.60 per $1,000 note, below the price to public, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes pay no interest or dividends, are not listed, and any secondary market would be limited and at prices likely below the issue price.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is issuing $1,055,000 of Uncapped Accelerated Barrier Notes due August 26, 2031, linked to the lesser performance of the Nasdaq‑100 Index® and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest or dividends and are unsecured obligations subject to the credit risk of both the issuer and guarantor. At maturity, if both indices finish at or above 70% of their initial levels, investors receive at least principal, and if both are above their initial levels, upside is enhanced by a 1.3085x leverage factor on the lesser-performing index.
If either index closes below 70% of its initial level, principal is reduced 1% for each 1% decline of the lesser-performing index, down to a total loss. The price to public is $1,000 per note, including $15 in selling commissions, with an estimated value of $972.70 at pricing; secondary market liquidity is not assured and prices are expected to be below issue price. The tax treatment is based on treating the notes as open prepaid financial contracts, but the IRS could challenge this approach.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Auto Callable Buffered Return Enhanced Notes linked to the EURO STOXX 50® Index. The notes have a principal amount of $1,000 each and a total offering size of $32,642,000.
The notes may be automatically called on September 3, 2027 if the Index closing level is at least the Initial Index Level of 6,462.22, in which case investors receive $1,000 plus a 13.15% call premium on September 9, 2027. If not called and the Index is above the Initial Index Level on the August 21, 2028 valuation date, maturity payment provides 1.50x leveraged upside without a cap. A 15.00% buffer protects principal for moderate declines, but below this level losses are multiplied by a 1.17647 downside factor, so investors can lose some or all principal.
The notes pay no interest or dividends, are subject to the credit risk of both JPMorgan Chase Financial Company LLC and its guarantor JPMorgan Chase & Co., and will not be listed on an exchange. The price to public is $1,000 per note, including $15 in fees, while the issuer’s estimated value is $980.80 per $1,000 at pricing, reflecting structuring and hedging costs.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (JPM), via its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $5,175,000 of Buffered Digital Dual Directional Notes linked to the S&P 500® Index, due August 24, 2028, under an existing shelf registration.
The notes pay no interest and are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. At maturity, if the S&P 500® Final Value is at or above the Initial Value of 7,674.37, investors receive $1,198 per $1,000 note (a fixed 19.80% Contingent Digital Return). If the Index is down by up to the 15.00% Buffer Amount, investors receive a positive return equal to the Absolute Index Return, capped at $1,150 per $1,000 note.
If the Index is down by more than 15%, principal is reduced using a Downside Leverage Factor of 1.17647, so losses accelerate and investors can lose some or all principal. The price to public is $1,000 per note, with an estimated value of $995.20 per $1,000 at pricing, reflecting structuring and hedging costs. The notes will not be listed, may have limited or no liquidity, and all payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is issuing $298,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing August 26, 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a 20.60% per annum contingent coupon (1.71667% monthly) only for months when the Index closes at or above 80% of its Initial Value. On quarterly review dates from August 23, 2027, the notes are automatically called if the Index is at or above its Initial Value, returning $1,000 plus that month’s coupon, with no further payments.
If not called, principal is protected only down to a Buffer Threshold of 85% of Initial Value. At maturity, if the Index is below this level, investors lose 1% of principal for each 1% Index decline beyond the 15% buffer, up to an 85% loss of principal. The Index itself is reduced by a 6.0% per annum daily deduction plus a notional financing cost (SOFR + 0.50%), uses leverage up to 500%, and may be partially uninvested, all of which drag on performance.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, guaranteed by JPMorgan Chase & Co., subject to their credit risk. They are sold at $1,000 per note, with an estimated value of $943 and selling commissions of $6.50 per $1,000. The notes will not be listed, and liquidity will depend on JPMS making a market, if at all.
JPMorgan Chase & Co. (JPM), through its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is offering $2,800,000 of unsecured structured notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, maturing August 26, 2030 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on any of four Review Dates starting August 25, 2027 if each Index is at or above 100% of its Initial Value, paying $1,000 plus a fixed Call Premium (from 10.75% to 43.00%). If not called and either Index finishes below 70% of its Initial Value, principal is reduced one-for-one with the lesser performing Index, with potential full loss of principal. The notes pay no interest or dividends, are not FDIC insured, and their value and payments are subject to the credit risk of both the issuer and the guarantor. The price to public is $1,000 per note, including $20 in selling commissions and a $6.50 structuring fee, versus an estimated value of $953.80.
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 $250,000 of Capped Dual Directional Buffered Equity Notes linked to the lesser performer of the Russell 2000® Index and the S&P 500® Index, maturing on November 26, 2027, and fully guaranteed by JPMorgan Chase & Co.
The notes pay no interest or dividends. At maturity, investors receive upside linked to the lesser-performing index: gains match index appreciation up to a Maximum Upside Return of 23.00%, and for index declines up to the 15.00% Buffer Amount, returns track the absolute decline, capped at $1,150 per $1,000 note. If either index falls by more than 15%, principal is reduced 1% for each additional 1% decline in the lesser performer, for a maximum loss of 85.00% of principal.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, including $5 in selling commissions, with an estimated value of $990 per $1,000 at pricing. The Russell 2000® and S&P 500® closing levels on August 21, 2026 were 3,017.871 and 7,674.37, respectively.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured structured notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking upside exposure to any appreciation of this futures-based index over the term, with no periodic interest and repayment of the $1,000 principal at maturity, subject to the credit risks of both the issuer and guarantor.
The notes are expected to price around September 25, 2026, settle around September 30, 2026, and mature on September 30, 2031, with a participation rate of at least 153% on positive index returns. If the index is flat or down, investors receive only principal back at maturity. The estimated value, if priced on the date referenced, would be about $979.70 per $1,000, and the final estimated value at issuance will not be less than $900. The notes are not bank deposits, are not FDIC insured, will not be listed on an exchange, and may have limited or no secondary market liquidity.
JPMORGAN CHASE & CO (JPM), through its subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured, callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., maturing on September 6, 2033, in $1,000 denominations.
The notes may be automatically called quarterly starting September 1, 2027 if the Index is at or above 100% of its initial level, paying $1,000 plus a call premium that starts at at least 26% of principal and rises to at least 182% at the final review date. If not called and the final Index level is at or above 50% of the initial level, investors receive principal back; below 50%, repayment is $1,000 plus $1,000 times the Index return, exposing investors to losses greater than 50% and potentially all principal. The Index includes a 6.0% per annum daily deduction that drags performance. The notes pay no interest or dividends, are not FDIC insured, and carry JPMorgan credit and liquidity risk. The estimated value is about $920 per $1,000 note and will not be less than $900 when set.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $1,277,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing August 26, 2032 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly 18.00% per annum contingent coupon (1.50% per month) only when the Index is at or above 70% of its Initial Value, and may be automatically called quarterly when the Index is at or above its Initial Value. If not called and the Index ends below the 50% Trigger Value, principal loss is linear with Index decline, up to total loss. The Index embeds a 6.0% per annum daily deduction and can use leverage up to 500% to E-mini S&P 500 futures, which increases volatility and downside risk. The estimated value is $925.20 per $1,000 note, below the $1,000 issue price, and investors take unsecured credit risk of both the issuer and the guarantor.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $698,000 of unsecured, unsubordinated callable contingent interest notes due August 24, 2029, linked separately to the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, and fully guaranteed by JPMorgan Chase & Co.
The notes pay a 9.95% per annum Contingent Interest Payment (0.82917% monthly) only for Review Dates when the closing level of each Index is at least 70.00% of its Initial Value. The issuer may redeem the notes early, in whole, on certain Interest Payment Dates starting February 25, 2027, paying $1,000 plus any due Contingent Interest.
If the notes are not redeemed and on the final Review Date any Index is below its 70.00% Trigger Value, the maturity payment is $1,000 plus $1,000 times the Least Performing Index Return, so investors lose 1% of principal for each 1% Index decline and may lose all principal. The notes do not pay fixed interest or dividends, have limited liquidity, and any payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $951.90 per $1,000 note, below the $1,000 price to public.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $2,770,000 of Capped Dual Directional Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and S&P 500® Index, maturing on August 24, 2029, and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest or dividends. At maturity, investors receive 2.00x any positive return of the least performing index, capped at a Maximum Upside Return of 40.00%, or the absolute value of any loss up to a 20.00% Buffer Amount. If the least performing index declines more than 20.00%, principal is reduced 1% for each 1% additional loss, up to an 80.00% principal loss (minimum payment $200 per $1,000). The price to public is $1,000 per note, including $22.50 in selling commissions; issuer proceeds are $977.50 per note. The bank’s estimated value is $967.10 per $1,000 note, reflecting embedded selling, structuring and hedging costs, and any payment is subject to the credit risk of both the issuer and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $350,000 of Digital Barrier Notes due August 24, 2028 linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index. The notes pay no coupons but provide a fixed 22.30% return at maturity (payment of $1,223 per $1,000 note) if, on the observation date, the final level of each index is at least 70% of its initial level.
If any index finishes below its 70% Barrier Amount, repayment of principal is reduced 1% for every 1% decline of the least performing index from its initial level, potentially down to zero. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. The price to public is $1,000 per note, including selling commissions of $7.50, while the estimated value is $986.90, reflecting embedded costs for selling, structuring and hedging. The notes will not be listed, and secondary market prices, if any, are expected to be below the issue price.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering structured Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due August 26, 2031, in an aggregate principal amount of $329,000 at $1,000 per note.
The notes pay a monthly Contingent Interest Rate of 17.15% per annum (1.42917% per month) only if, on each Interest Review Date, the Index is at or above 80% of its Initial Value. Quarterly, if the Index is at or above the Initial Value on an Autocall Review Date (earliest August 23, 2027), the notes are automatically called at par plus that period’s interest. If not called and the Final Value is at or above the 85% Buffer Threshold, investors receive par plus the final contingent interest; if below, principal is reduced 1-for-1 beyond a 15% buffer, with up to 85% principal loss.
The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost (SOFR plus 0.50%), which drag performance versus an undeducted index and influence the note’s terms and value. Price to public is $1,000, including $41.50 in selling commissions and $958.50 in proceeds to the issuer per note; the estimated value on the pricing date is $909.10. Payments are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry the credit risk of both entities.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $400,000 of unsecured Callable Contingent Interest Notes due July 26, 2028, linked individually to the Nasdaq‑100® Technology Sector, the Russell 2000® Index and the S&P 500® Index.
The notes pay a 9.90% per annum Contingent Interest (0.825% monthly) only if on a Review Date each index is at or above 70.00% of its Initial Value. JPMorgan may redeem the notes early on specified Interest Payment Dates starting November 27, 2026, paying $1,000 plus any due contingent interest.
If not called and on the final Review Date any index is below its 70.00% Trigger Value, principal is reduced 1% for each 1% decline of the least performing index, up to a total loss of principal. The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., are not FDIC insured, have an original issue price of $1,000 and an estimated value of $959.20, and are expected to be illiquid with secondary prices typically below issue.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $3,169,000 of unsecured Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing August 26, 2032, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly Contingent Interest at a rate of 17.75% per annum (1.47917% per month) only when the Index is at or above 70% of its Initial Value on the relevant Interest Review Date. Starting August 23, 2027, the notes are automatically called quarterly if the Index is at or above its Initial Value, returning $1,000 per note plus that period’s interest.
If not called, at maturity investors receive $1,000 per note plus any final interest if the Index is at or above a 50% Trigger Value; otherwise the payoff is $1,000 plus $1,000 times the Index return, exposing holders to a significant or total loss of principal. The Index applies a 6.0% per annum daily deduction and uses leveraged exposure to E-mini S&P 500 futures, which can magnify losses and introduce “volatility drag.” The estimated value of each $1,000 note at pricing was $921.90, below the issue price, and any payment is subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is issuing $7,741,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing August 26, 2032, at $1,000 per note and fully guaranteed by JPMorgan Chase & Co.
The notes pay a 16.50% per annum Contingent Interest only on Review Dates when the Index is at or above 80% of its Initial Value, with missed coupons potentially paid later. Notes are auto-called at par plus interest if the Index is at or above its Initial Value on specified Review Dates from August 23, 2027. If held to maturity and not called, principal is protected only if the Final Index Value is at least 60% of the Initial Value; otherwise repayment is reduced 1-for-1 with the Index decline. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, uses up to 500% leverage and a 35% target volatility, and is expected to lag an equivalent index without these deductions. The estimated value is $945.90 per $1,000, below issue price, and investors face significant loss of principal, no guarantee of any interest, issuer/guarantor credit risk, potential illiquidity and multiple conflicts of interest.