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 notes linked to the S&P 500® Futures Excess Return Index, maturing on September 23, 2032 and fully guaranteed by JPMorgan Chase & Co.
The notes promise a 60.00% Contingent Digital Return at maturity per $1,000 note if the Index finish is at or above its initial level or down by up to 20.00%, and provide leveraged upside above that via an Upside Leverage Factor of at least 1.945 once the Index exceeds 160.00% of its initial level. Below the 20% buffer, investors lose 1% of principal for each additional 1% Index decline, with up to an 80.00% loss of principal possible.
The notes pay no periodic interest, are not listed, and depend on the credit of both the finance subsidiary and JPMorgan Chase & Co. If priced on the date referenced, the estimated value would be about $978.80 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing. Minimum denomination is $1,000, and secondary market prices are expected to be below the original issue price.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Structured Investments called Buffered Digital Dual Directional Notes linked to the S&P 500® Index, maturing on August 24, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes target a fixed Contingent Digital Return of at least 19.80% at maturity if the Index final level is at or above its initial level. If the Index declines by up to the 15.00% Buffer Amount, investors receive a positive return equal to the absolute Index decline, capped at 15.00%. If the Index falls by more than 15.00%, principal is exposed with a Downside Leverage Factor of 1.17647, so losses accelerate beyond the buffer and can reach 100% of principal.
The notes pay no interest, provide no dividends from Index constituents, and are intended for buy-and-hold investors able to accept illiquidity, credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and potential loss of some or all principal. Minimum denomination is $1,000, and an estimated value example is $995.20 per $1,000 note, with a minimum estimated value at pricing of $960.00 per $1,000.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering Trigger Autocallable Contingent Yield Notes linked to the worst performer among Marathon Petroleum, Phillips 66 and Valero Energy common stocks, maturing around August 30, 2029 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The Notes pay quarterly contingent coupons only if each underlying is at or above its Coupon Barrier (55% of its Initial Value); missed coupons may be paid later under a “memory interest” feature. The Notes are automatically called on any quarterly Observation Date if each underlying is at or above its Initial Value, paying principal plus that period’s coupon and any unpaid coupons. If not called, and at maturity each underlying is at or above its Downside Threshold (also 55% of Initial Value), investors receive principal plus due and unpaid coupons. If any underlying finishes below its Downside Threshold, repayment is reduced in proportion to the loss on the least performing stock, and investors can lose most or all of principal. The issue price is $10 per Note (minimum $1,000), with estimated value below par and no exchange listing; all payments are subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering market-linked Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by JPMorgan Chase & Co. The securities are linked to an unequally weighted basket of five equity indices and are scheduled to mature on September 3, 2031.
Each security has a $1,000 principal amount, with a price to public of $1,000, selling commissions of $38.70 and proceeds to the issuer of $961.30 per security. If priced on the sample date, the estimated value would be about $938.40, and will not be less than $900.00 per security when finalized.
At maturity, investors receive leveraged upside if the basket increases, full principal if the basket stays at or above a 75% threshold level, and one-for-one downside below that threshold, risking a loss of more than 25% and possibly all principal. The minimum upside participation rate is 156.35%, and the basket is heavily influenced by the EURO STOXX 50® Index, which carries a 40% weight.
JPMORGAN CHASE & CO (JPM), through its subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured Medium‑Term Notes, Series A, Digital Equity Notes due August 6, 2036, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the S&P 500® Index and are issued in $1,000 denominations, with no periodic interest and no listing.
At maturity, for each $1,000 note, if the S&P 500 final level is at least 90.00% of the initial level, investors receive a fixed threshold settlement amount expected between $1,992.30 and $2,164.20, corresponding to a capped payout when the index is at or above a cap level expected between 199.23% and 216.42% of the initial level. If the final level is below 90.00%, the payoff falls one‑for‑one with the index (underlier return), so investors lose 1% of principal for each 1% decline from the initial level and can lose their entire investment.
The original issue price is 100% of principal, with an underwriting commission up to 5.00%. The estimated value at pricing is expected between $919.50 and $929.50 per $1,000 note, reflecting embedded selling, structuring and hedging costs and an internal funding rate. The notes carry the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., involve complex U.S. tax considerations (including potential future changes and Section 871(m) for non‑U.S. holders), and are expected to have limited or no liquidity, with any secondary prices likely below the original issue price.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Enhanced Buffered Jump Securities linked to the S&P 500® Index, maturing on December 3, 2027. These principal-at-risk notes pay no interest and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each security has a $1,000 stated principal amount and is issued at $1,000. If, on the November 30, 2027 valuation date, the S&P 500® closing level is at or above 90% of its initial level (the buffer threshold), investors receive $1,000 plus a fixed upside payment of at least $92.50 (at least 9.25%). If the index closes below 90% of its initial level, repayment is reduced by 1.11111% for every 1% decline beyond the 10% buffer, with no minimum payment, so the entire principal can be lost.
Per $1,000 security, selling commissions are $17.50 plus a $5.00 structuring-related amount, leaving initial proceeds of $977.50 to the issuer. The estimated value, based on internal models and funding rates, would be approximately $973.40 today and will not be less than $950.00 on the pricing date. Payments depend on the credit risk of both the issuer and the guarantor.
JPMorgan Chase & Co. (JPM), via subsidiary JPMorgan Chase Financial Company LLC, is offering $6,925,000 of Medium-Term Notes, Series A, Capped Buffered Enhanced Participation Basket-Linked Notes due October 8, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are linked to an unequally weighted equity index basket: EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (7%). The initial basket level is 100; investors receive 1.80x participation in positive basket performance, capped at a maximum settlement of $1,177.30 per $1,000 principal (a 17.73% maximum gain), once the basket exceeds 109.85% of the initial level.
There is a 12.5% buffer: if the basket falls up to 12.5%, principal is repaid; below the 87.5% buffer level, losses are leveraged at about 1.1429x, and investors can lose their entire principal. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed, are not redeemable prior to maturity, and have an estimated value of $996.50 per $1,000 at pricing, reflecting structuring and hedging costs. The tax treatment is uncertain, and complex U.S. federal tax rules, including potential Section 871(m) considerations for non-U.S. investors, apply.
JPMORGAN CHASE & CO. (through JPMorgan Chase Financial Company LLC) is offering structured Auto Callable Contingent Interest Notes due August 23, 2029, linked to the least performing of the iShares MSCI EAFE, MSCI ACWI and Russell 3000 ETFs. Each note has a $1,000 denomination and pays a monthly contingent coupon at a rate of at least 6.50% per annum (0.54167% per month) only if, on the relevant review date, the price of one share of each ETF is at or above its Interest Barrier set at 70% of its strike.
The notes may be automatically called quarterly starting February 19, 2027 if each ETF is at or above its Strike Value, returning $1,000 plus due and previously unpaid coupons. If not called, and on the final review date any ETF closes below its Trigger Value (60% of strike), repayment of principal is reduced one-for-one with the decline of the worst ETF, and investors can lose more than 40% and up to all principal. The notes are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and expose investors to both market risk in the ETFs and the credit risk of the issuer and guarantor. The estimated value is about $970 per $1,000 note and will not be less than $950 at pricing.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured auto callable contingent interest notes linked to the lesser performing of the S&P 500® Index and the VanEck® Semiconductor ETF, maturing August 2, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a monthly Contingent Interest Payment only if, on a given Review Date, the closing value of each underlying is at least 70.00% of its Initial Value, the Interest Barrier. Starting November 30, 2026, the notes are automatically called if on a Review Date (other than the first, second and final) each underlying is at or above its Initial Value, returning $1,000 per note plus the contingent interest for that date.
If not called, at maturity investors receive $1,000 plus any final contingent interest only if each underlying is at or above its Trigger Value; otherwise the payoff is reduced in proportion to the decline of the lesser performing underlying, and investors can lose a significant portion or all of principal. The minimum denomination is $1,000, the price to public is $1,000 per note, and the contingent interest rate will be at least 11.35% per annum. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed, and secondary market prices are expected to be below issue price. The estimated value, if priced today, would be $958.40 per $1,000 note and will not be less than $900.00 at pricing.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering Structured Investments Digital Barrier Notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, maturing on September 15, 2027, in minimum denominations of $1,000.
At maturity, if the Final Value of each index is at least 70.00% of its Initial Value (the Barrier Amount), investors receive principal plus a fixed Contingent Digital Return of at least 7.75% (e.g., $1,077.50 per $1,000 note), regardless of how much either index has risen above the barrier. If the Final Value of either index is below its Barrier Amount, repayment is reduced 1% for each 1% decline of the Lesser Performing Index, down to a total loss of principal.
The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and do not pay periodic interest or dividends. They will not be listed on any exchange, and secondary market prices are expected to be lower than the $1,000 price to public. If priced on the date shown, the estimated value would be about $983.80 per $1,000 note and will not be less than $900.00 per $1,000 at issuance, reflecting selling commissions, hedging costs and the issuer’s internal funding rate.
JPMorgan Chase & Co. (JPM), via its finance subsidiary JPMorgan Chase Financial Company LLC, is offering Auto Callable Buffered Return Enhanced Notes linked to the MSCI Emerging Markets Index, maturing on August 26, 2030, under its existing shelf registration.
The notes can be automatically called on August 27, 2027 if the Index is at or above 100% of its initial level, paying $1,000 plus a call premium of at least $180 per $1,000. If not called and held to maturity, investors receive 1.40 times any positive Index return, full principal back if the Index is flat or down by up to 20%, and otherwise lose 1.25% of principal for each 1% decline beyond that buffer. The notes pay no interest or dividends, expose holders to emerging markets and currency risks, and are unsecured obligations of the subsidiary fully and unconditionally guaranteed by JPMorgan Chase & Co. An estimated value of about $981.40 per $1,000 note is indicated if priced today, with a minimum estimated value at pricing of $960.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated 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 and integral multiples.
The notes may pay a monthly Contingent Interest Payment at a rate of at least 17.75% per annum (about 1.47917% per month) only if, on each Interest Review Date, the Index is at or above 70% of the Initial Value (the Interest Barrier). Quarterly, if the Index is at or above the Initial Value on an Autocall Review Date (first possible on August 23, 2027), the notes are automatically called and investors receive $1,000 plus the applicable contingent interest, with no further payments.
If the notes are not called, at maturity investors receive $1,000 plus any final contingent interest if the Index is at or above the Trigger Value (50% of Initial Value). If the Final Value is below the Trigger Value, the payoff is $1,000 plus $1,000 × Index Return, exposing investors to losses up to 100% of principal. The underlying Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which creates a persistent drag on performance.
The estimated value, if priced on the date described, is approximately $923.70 per $1,000 note and will not be less than $900.00 per $1,000 at pricing, reflecting structuring and distribution costs. Payments depend on the credit of JPMorgan Chase Financial Company LLC and the full and unconditional guarantee of JPMorgan Chase & Co. The notes will not be listed, may have limited or no liquidity, and involve complex tax and market risks, including volatility targeting, leverage, futures rolling, and potential conflicts of interest with affiliates involved in the Index design and maintenance.
JPMorgan Chase & Co. (JPM), via issuer JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Auto Callable Contingent Interest Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and EURO STOXX 50 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a Contingent Interest Payment on each Review Date only if each index closes at or above 60% of its Initial Value (the Interest Barrier. The contingent interest rate will be at least 8.00% per annum. From the fourth Review Date onward, if each index is at or above its Initial Value, the notes are automatically called for $1,000 plus that period’s interest.
If not called, at maturity on August 29, 2031 investors receive $1,000 plus the final contingent interest if each index is at or above its Trigger Value, set at 55% of Initial Value. If any index finishes below its Trigger Value, repayment is reduced 1:1 with the decline of the least performing index, down to a complete loss of principal. The notes are expected to price on or about August 26, 2026, in minimum denominations of $1,000, with an indicative estimated value of about $941 per $1,000 and not less than $900, and will not be listed on any exchange.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering structured Capped Dual Directional Buffered Equity Notes linked to the lesser of the Dow Jones Industrial Average and the S&P 500 Index, maturing on September 6, 2028, in $1,000 minimum denominations and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide unleveraged index exposure with a Maximum Upside Return of at least 20.50% and an 18.00% downside buffer, allowing positive returns on both appreciation and moderate depreciation of the lesser-performing index. If the lesser-performing index falls more than 18%, principal is reduced 1:1 beyond the buffer, for a potential loss of up to 82.00% of principal. The notes pay no interest or dividends, are unsecured, and are subject to the credit risk of both the issuer and guarantor. If priced today, the estimated value would be about $969 per $1,000 note, and at pricing it will not be less than $900, reflecting embedded selling commissions, hedging costs and dealer profits. The notes will not be listed, and secondary market prices are expected to be below the issue price.
JPMorgan Chase & Co. (JPM), through subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Index and the S&P 500 Index, due October 1, 2027. The notes provide an Upside Leverage Factor of at least 1.2475 on any positive return of the least performing index at maturity, with no cap.
The structure includes a 15% Buffer Amount: if the worst index declines by up to 15%, investors receive full principal at maturity; beyond that, principal is reduced 1% for each additional 1% decline, up to an 85% maximum loss, leaving $150 per $1,000 note. The notes pay no interest or dividends and expose holders to the credit risk of both JPMorgan Financial as issuer and JPMorgan Chase & Co. as guarantor. Minimum denomination is $1,000. The indicative estimated value is about $989 per $1,000 note and will not be less than $900 at pricing, reflecting embedded selling, structuring and hedging costs. The notes will not be listed, and secondary market prices are expected to be below the original issue price.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Buffered Digital Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and mature on September 23, 2030, in minimum denominations of $1,000.
At maturity, holders receive a fixed return of at least 35.50% (payment of $1,355 per $1,000) if the index final level is at or above the initial level, or down by up to the 25.00% Buffer Amount. If the index falls by more than 25%, principal is reduced 1% for each additional 1% decline, for up to a 75.00% loss of principal (downside floor of $250 per $1,000).
The notes are not bank deposits, are not FDIC‑insured, and are subject to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co. If priced today, the estimated value would be about $983.90 per $1,000, and when set will not be less than $900.00 per $1,000, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes will not be listed, and any secondary market would be limited, with prices likely below the original issue price. The underlying index tracks excess‑return E‑mini® S&P 500® futures and is exposed to futures‑specific risks, including volatility, negative roll returns and potential market disruptions.
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), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured “Uncapped Dual Directional Accelerated Barrier Notes” linked to the S&P 500® Futures Excess Return Index, maturing on August 23, 2030 and fully guaranteed by JPMorgan Chase & Co.
Each $1,000 note provides at least 1.80x leveraged upside on any Index appreciation at maturity. If the Index is flat or down but not below the 70.00% Barrier Amount, investors receive a positive return equal to the absolute value of the Index decline, effectively capped at 30.00% (maximum payment $1,300 per $1,000 note when the Index Return is negative).
If the Final Index Value falls below the 70.00% barrier, principal is exposed 1-for-1 to Index losses and investors can lose more than 30% and up to all of their investment. The notes pay no interest, are not FDIC insured, will not be listed, and are subject to the credit risk of both the issuer and JPMorgan Chase & Co. The indicative estimated value is about $970 per $1,000 note and will not be less than $950 at pricing, reflecting embedded costs and hedging.
JPMorgan Chase & Co. (through JPMorgan Chase Financial Company LLC) is offering 500,000 Autocallable Contingent Coupon (with Memory) Barrier Notes linked to an equally weighted basket of CrowdStrike, Palo Alto Networks and Fortinet, at $10 principal per unit, for a total public offering of $5,000,000. The notes pay a contingent coupon of $0.4225 per unit per quarter (16.90% per annum) only if the basket’s observation value on each quarterly date is at least 70% of the Starting Value.
The notes are automatically callable on specified quarterly dates starting about one year after pricing if the basket is at or above 100% of the Starting Value, in which case investors receive $10 principal plus the due coupon and no further payments. If not called and at maturity the basket has fallen by more than 30% from the Starting Value, repayment is reduced 1‑for‑1 with the decline, with up to 100% of principal at risk; otherwise principal is repaid and the final contingent coupon may be paid. The notes are unsecured, unsubordinated obligations of the finance subsidiary, fully and unconditionally guaranteed by JPMorgan Chase & Co., and will not be listed on an exchange. The estimated initial value is $9.703 per unit, below the $10 offering price, reflecting selling, structuring and hedging costs.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering 718,400 units of Autocallable Contingent Coupon (with Memory) Barrier Notes at $10 principal per unit, for a total public offering price of $7,184,000, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a quarterly Contingent Coupon of $0.5425 per unit (21.70% per annum) only if the basket of Micron, Sandisk, and Western Digital is at or above 50% of the Starting Value; missed coupons can be “made up” later under the memory formula. The notes are automatically callable quarterly starting about one year after pricing if the basket is at or above 100% of the Starting Value, returning principal plus the due coupon.
If not called, the notes mature around three years out, on August 27, 2029. At maturity, if the basket Ending Value is at or above the 50% Threshold Value, holders receive principal plus the final contingent coupon; if it is below, there is 1‑to‑1 downside exposure to basket losses with up to 100% of principal at risk. The estimated value at pricing is $9.574 per unit, below the $10 offering price due to embedded costs and internal funding assumptions. The notes are unsecured, unsubordinated obligations with limited secondary market liquidity and no exchange listing.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated Capped Contingent Buffered Return Enhanced Notes linked to the American Depositary Shares of Baidu, Inc. The notes provide 5.00x leveraged exposure to any positive stock performance, subject to a Maximum Return of at least 57.75%, implying a maximum payment of at least $1,577.50 per $1,000 note.
The notes have a Stock Strike Price of $92.87, a 40.00% Contingent Buffer Amount, and mature on August 24, 2028, with the Final Stock Price based on an average of five dates in August 2028. Principal is fully protected only if Baidu’s Final Stock Price is at or above 60% of the strike; below that level, losses are one-for-one with the stock and can reach 100% of principal. The notes pay no interest or dividends and are subject to the credit risk of both JPMorgan Financial as issuer and JPMorgan Chase & Co. as guarantor.
The minimum denomination is $10,000 (and $1,000 increments thereafter). Selling commissions are up to $15.00 per $1,000 note. If priced on the described terms, the bank estimates an economic value of about $976.10 per $1,000 at launch, and commits that the final estimated value will not be less than $960.00 per $1,000. The notes will not be listed on an exchange, and secondary market liquidity and pricing depend largely on J.P. Morgan Securities LLC.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $14,000,000 of Auto Callable Buffered Equity Notes linked to the S&P 500® Index, maturing August 22, 2028. The notes may be automatically called on August 23, 2027 if the Index is at or above a specified Call Value, paying back principal plus a fixed $100 call premium per $1,000 note.
If not called, at maturity investors receive uncapped, unleveraged upside equal to the Index’s percentage gain above the Strike Value, full principal back if the Index decline stays within a 20.50% Buffer Amount, and otherwise a linear loss down to a maximum loss of 79.50% of principal. The price to public is $1,000 per note, with $1 in fees and an estimated value of about $994.10, reflecting embedded selling, structuring and hedging costs. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial Company LLC fully guaranteed by JPMorgan Chase & Co., and expose holders to both equity-market risk and the credit risk of the issuer and guarantor, as well as limited liquidity and complex U.S. tax treatment.
JPMorgan Chase & Co (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Digital Buffered Notes linked to the Nasdaq‑100 Index®. The notes pay a fixed return of at least 10.00% per $1,000 at maturity if the Index ending level is at or above 29,426.02 or down by up to 15%.
If the Index is more than 15% below 29,426.02 at maturity, investors lose principal on a leveraged basis, 1.17647% loss for each 1% decline beyond the 15% buffer, up to total loss. Minimum denomination is $10,000. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
The notes are expected to price on or about August 20, 2026, with an original issue date on or about August 25, 2026, a valuation date of September 1, 2027 and maturity on September 7, 2027. The estimated value is approximately $988 per $1,000 note and will not be less than $970 per $1,000 at pricing.
JPMorgan Chase & Co. (JPM), through issuer JPMorgan Chase Financial Company LLC, is offering Medium-Term Notes, Series A, titled Capped Buffered Enhanced Participation Equity Notes due 2028 linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each note has a $1,000 principal amount, trade date on or about August 31, 2026, settlement on or about September 3, 2026, and a stated maturity date of September 5, 2028. The notes pay no interest and are not listed on any exchange. At maturity, payment depends on S&P 500® performance: investors receive 2x upside participation if the index rises, but the payoff is capped at a maximum settlement amount expected between $1,204.80 and $1,240.40 per $1,000 note.
A 10% buffer (buffer level 90% of the initial underlier level) protects principal against modest declines; below this, losses are leveraged at about 1.1111% per 1% additional index drop, and investors could lose their entire investment. The estimated value when set is expected between $967.20 and $977.20 per $1,000, reflecting selling commissions of up to 1.73% and hedging and structuring costs, and any payment is subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering $300,000 of unsecured Capped Notes linked to the lesser performing of the Nasdaq-100 Index® (NDX) and the S&P 500® Index (SPX), maturing on August 23, 2034, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each note has a $1,000 denomination, a 100% participation rate in any positive return of the lesser performing index, and a , giving a maximum payment of $3,430 per $1,000 at maturity. If either index finishes at or below its initial level (29,490.96 for NDX and 7,691.76 for SPX on August 18, 2026), investors receive only the $1,000 principal, with no upside. The notes pay no interest, and investors forgo dividends on the index constituents.
The price to the public is $1,000 per note, including $4.50 in selling commissions, for issuer proceeds of $995.50 per note. The estimated value at pricing was $968.90 per $1,000, reflecting embedded selling, structuring and hedging costs. The notes are expected to settle on or about August 21, 2026, will not be listed, and secondary market liquidity, if any, will be provided by JPMS on a discretionary basis. The notes are treated as contingent payment debt instruments for U.S. tax purposes, with a comparable yield of 4.93% and projected payment of $1,477 at maturity for tax accrual purposes.
JPMORGAN CHASE & CO (JPM), through its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is offering $1,000,000 of Review Notes linked to the lesser performing of the iShares Semiconductor ETF (SOXX) and the Nasdaq‑100 Index (NDX), fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a term to August 23, 2028, with potential automatic call starting February 18, 2027 if on any Review Date the closing value of each underlying is at or above 100% of its Initial Value. If called, investors receive $1,000 plus a predefined Call Premium Amount per note, ranging from 11.075% on the first Review Date up to 44.30% on the final Review Date.
The structure includes a 20.00% Buffer Amount. If not called, principal is returned at maturity only if the lesser performer has not fallen by more than 20%; otherwise, repayment is reduced dollar‑for‑dollar beyond that buffer, with up to 80.00% loss of principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and are not listed, so liquidity may be limited. The estimated value at issuance is $964.70 per $1,000 note versus a $1,000 price to public.
JPMORGAN CHASE & CO (JPM) is guaranteeing a $693,000 issuance of Auto Callable Contingent Interest Notes by JPMorgan Chase Financial Company LLC, linked to the MerQube US Tech+ Vol Advantage Index and maturing August 21, 2031. The notes pay a quarterly Contingent Interest Rate of 12.25% per annum only if, on a Review Date, the Index is at or above 60% of the Initial Value (the Interest Barrier). If on any non‑first, non‑final Review Date the Index is at or above the Initial Value, the notes are automatically called and repay $1,000 plus that period’s contingent interest.
If the notes are not called and the final Index level is below the 60% Trigger Value, repayment of principal is reduced 1:1 with the Index decline, down to zero, so investors may lose most or all of principal. The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost (SOFR plus 0.50%), which systematically drag performance and cause the Index to lag a similar, undeducted index, especially when leveraged up to 500% exposure. The notes are unsecured, not FDIC‑insured, will not be listed, and their estimated value at pricing ($910.90 per $1,000 note) is below the $1,000 issue price due to selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $1,380,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing November 21, 2030 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a 14.25% per annum Contingent Interest (1.1875% monthly) only for Review Dates when the Index is at or above 70.00% of its Initial Value, with unpaid coupons catching up if the barrier is later met. The notes may be automatically called starting August 18, 2027 if the Index is at or above its Initial Value, returning principal plus due interest. If held to maturity and not called, full principal is repaid only if the Final Index Value is at least 60.00% of the Initial Value; otherwise, investors lose 1% of principal for each 1% Index decline, potentially losing all principal.
The underlying Index is a leveraged, rules-based strategy on E-mini S&P 500 futures with a 35% target volatility and is subject to a 6.0% per annum daily deduction, which drags performance. The price to public is $1,000 per note, including $9 in selling commissions; the issuer’s estimated value is $939.20 per $1,000 note, reflecting embedded costs and internal funding assumptions.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Uncapped Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, in $1,000 denominations, fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity on August 28, 2036, investors receive an uncapped upside payment equal to the principal plus the Index return multiplied by an Upside Leverage Factor of at least 3.546 if the Index rises, only principal back if the Index is unchanged, and a one-for-one loss of principal for any Index decline, down to a total loss. The notes pay no interest and are not bank deposits or FDIC insured. An indicative estimated value is $960.50 per $1,000 note, and the final estimated value will not be less than $930.00, reflecting embedded selling commissions, hedging costs and issuer margins. The notes will not be listed, and secondary market prices are expected to be below the issue price and sensitive to the Index, interest rates, credit spreads and JPMorgan’s internal funding and hedging valuations.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured auto callable contingent interest notes maturing August 26, 2032, linked to the MerQube US Large-Cap Vol Advantage Index and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may pay a monthly Contingent Interest Payment only when the Index closes at or above 70% of the Initial Value (the Interest Barrier). Quarterly, if the Index is at or above the Initial Value on an Autocall Review Date, the notes are automatically called, and investors receive $1,000 plus that period’s contingent interest, with no further payments.
If not called, and at final valuation the Index is at or above the Trigger Value of 50% of the Initial Value, investors receive $1,000 plus any final contingent interest. If the Final Value is below the Trigger Value, repayment is reduced 1% for each 1% Index decline, down to zero, so investors can lose all principal. The Index is a leveraged, rules-based strategy on E-mini S&P 500 futures with a 35% target volatility, up to 500% exposure and a 6.0% per annum daily deduction, which creates a performance drag. The indicative estimated value is about $921.70 per $1,000 note and will not be less than $900, below the $1,000 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 (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMorgan Chase & Co. (JPM), via its subsidiary JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the S&P 500® Index, maturing September 3, 2031. Each note has a $1,000 principal amount and pays no interest or dividends.
At maturity, if all indices are above their initial levels, the payment equals $1,000 plus 1.4365× the least performing index’s positive return, with no cap. If the least performing index is flat or down by up to the 25.00% Buffer Amount, investors receive a dual-direction payoff equal to the absolute return of that index, up to a maximum of $1,250 per $1,000 when the index is down 25%. If any index falls by more than 25%, principal is reduced 1:1 beyond the buffer, with a maximum loss of 75.00% and a minimum payoff of $250 per $1,000.
The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., and payments are subject to the credit risk of both the issuer and guarantor. The estimated value is about $974 per $1,000 note if priced today and will not be less than $940, reflecting 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, credit and funding factors. The tax discussion indicates a treatment as open transactions/prepaid financial contracts, with uncertainty including potential future IRS guidance and Section 871(m) considerations for non-U.S. holders.
JPMORGAN CHASE & CO (symbol: JPM) is the issuer of record for a Form 424B2 filing submitted to the SEC.
JPMORGAN CHASE & CO. (JPM), as guarantor, is supporting a $350,000 issuance of JPMorgan Chase Financial Company LLC Auto Callable Accelerated Barrier Notes linked to the Nasdaq-100 Index®, maturing August 23, 2029. The notes may be automatically called on August 24, 2027 if the Index is at or above a specified Call Value, in which case investors receive $1,000 per note plus a fixed $160 call premium and no further payments. If not called and held to maturity, investors receive an uncapped payoff of 1.50 times any positive Index return; if the Index is flat or down but not below 80% of the Initial Value (the Barrier Amount), principal is returned. If the Final Value falls below the Barrier Amount, principal is exposed 1-for-1 to Index losses and can be fully lost. The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan 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, while the estimated value at issuance is $990.10, reflecting structuring, hedging and related costs. The notes will not be listed; secondary market liquidity and pricing depend mainly on J.P. Morgan Securities LLC. The underlying Nasdaq-100 Index® last closed at 29,490.96 on August 18, 2026.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Capped Buffered Return Enhanced Notes linked to an unequally weighted equity index basket. The basket is 40% S&P 500, 25% MSCI EAFE, 14% S&P MidCap 400, 11% Russell 2000 and 10% MSCI Emerging Markets.
The notes provide 1.50x upside exposure to any positive basket return, capped at a maximum return of at least 44.55%, for a maximum payment of at least $1,445.50 per $1,000 note at maturity on September 7, 2029. A 5% buffer absorbs modest losses; beyond that, principal is reduced 1% for each additional 1% basket decline, with up to 95% loss of principal possible, so the minimum payment is $50 per $1,000 note.
The notes pay no interest, pass through no dividends from the underlying indices, are unsecured and unsubordinated obligations of JPMorgan Chase Financial, and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value, if priced on the described terms, would be about $980 per $1,000 note and will not be less than $900, reflecting structuring and hedging costs and an internal funding rate. The notes will not be listed, and secondary market liquidity and pricing will depend mainly on J.P. Morgan Securities LLC.
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 Capped Buffered Return Enhanced Notes linked to an unequally weighted equity index basket, fully and unconditionally guaranteed by JPMorgan Chase & Co. The basket weights are 40.00% S&P 500® Index, 25.00% MSCI EAFE® Index, 14.00% S&P MidCap 400® Index, 11.00% Russell 2000® Index and 10.00% MSCI Emerging Markets Index, with the S&P 500® having the largest influence on returns.
The notes provide 1.50x leveraged exposure to positive basket performance, subject to a Maximum Return of at least 27.15%, implying a maximum payment at maturity of at least $1,271.50 per $1,000 principal amount. A 10.00% downside buffer applies; beyond that, investors lose 1% of principal for each additional 1% basket decline, up to a 90.00% loss of principal. The notes pay no interest or dividends and are designed to be held to maturity on September 7, 2028, following an observation date of September 1, 2028.
The indicative estimated value, if priced on the described terms, would be approximately $986.80 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000. This estimated value is lower than the $1,000 price to public due to structuring, hedging and distribution costs, and secondary market prices are expected to be below the issue price. Any payments are subject to the credit risks of both JPMorgan Financial, as issuer, and JPMorgan Chase & Co., as guarantor, and the notes will not be listed on any exchange.
JPMORGAN CHASE & CO (JPM), via JPMorgan Chase Financial Company LLC, is offering Capped GEARS (Growth Enhanced Asset Return Securities) linked to the Russell 2000® Index, maturing on or about October 29, 2027. Each Security has a $10 principal amount and a term of approximately 14 months.
If the index return is positive, investors receive $10 plus three times the Underlying Return (Upside Gearing 3.00), capped by a Maximum Gain between 18.25% and 20.25%, finalized on the trade date. If the index return is zero, only the $10 principal is repaid. If the index return is negative, repayment equals $10 plus the Underlying Return, giving full downside exposure and potential 100% principal loss. The Securities pay no interest and do not provide dividends on index constituents.
The issue price is $10.00, including up to $0.20 in selling commissions to UBS per Security, with proceeds of $9.80 to the issuer. On indicative terms, the estimated value is about $9.718 per $10 Security and will not be less than $9.40 at pricing, reflecting internal funding and hedging costs. Payments depend on the credit of JPMorgan Chase Financial Company LLC and the full and unconditional guarantee of 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 auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on August 25, 2031. The notes pay a quarterly Contingent Interest Payment at a rate of at least 12.75% per annum if, on the relevant Interest Review Date, the Index closes at or above 70% of its Initial Value; unpaid coupons accrue and may be paid later if this condition is met.
The notes are automatically called on specified semiannual dates if the Index is at or above 90% of its Initial Value, returning $1,000 principal plus due and unpaid contingent interest. If held to maturity and not called, principal is fully returned only if the Final Index Value is at least 50% of the Initial Value; below that Trigger Value, repayment is $1,000 plus $1,000 × Index Return, so investors can lose more than 50% and up to all principal.
The underlying Index employs leverage (up to 500% exposure), a target volatility mechanism and bears a 6.0% per annum daily deduction plus a notional financing cost tied to SOFR + 0.50%, which together drag performance relative to a similar index without such costs. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., with an indicative estimated value of about $936.10 (and not less than $910.00) per $1,000 at pricing, below the $1,000 issue price. They are not listed, may be illiquid and involve complex index and tax features.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering structured Capped Notes linked to the S&P 500® Futures Excess Return Index, maturing on August 29, 2028, with a 100% participation rate in positive index performance up to a cap.
The notes provide upside exposure to the index with a maximum additional amount of at least $565 per $1,000 principal (a maximum return of at least 56.50%). On the downside, if the index falls, investors lose 1% of principal for each 1% decline in the index, but payments at maturity are floored at $950 per $1,000, so up to 5% of principal can be lost, subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
The notes pay no periodic interest, are issued in minimum denominations of $1,000, and will not be listed on an exchange. If priced as of the preliminary date, the estimated value would be about $987 per $1,000 note and will not be less than $900 per $1,000 when finalized, reflecting embedded selling commissions (up to $7 per $1,000) and hedging and structuring costs. For U.S. tax purposes, the issuer expects to treat them as contingent payment debt instruments that accrue original issue discount.
JPMORGAN CHASE & CO. (guarantor, JPM) is backing a $7.8 million offering of Trigger Callable Contingent Yield Notes issued by JPMorgan Chase Financial Company LLC, linked to the least performing of the Russell 2000, S&P 500 and EURO STOXX 50 indices and maturing on August 21, 2031.
Investors receive a 9.50% per annum contingent coupon (0.2375 per $10 note quarterly) only if on each Observation Date all three indices are at or above their Coupon Barriers, set at 70% of their initial levels. JPMorgan may call the notes on any quarterly Observation Date (except the Final Valuation Date), paying principal plus that quarter’s coupon; no further payments would be made.
If not called, principal is fully repaid at maturity only if each index’s Final Value is at or above both its Downside Threshold (65% of initial) and Coupon Barrier. If any index finishes below its Downside Threshold, repayment falls to $10 × (1 + return of the worst index), which can result in a substantial or total loss of principal. The notes are unsecured, not insured, not exchange‑listed, and their value depends on the creditworthiness of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $9.545 per $10 note versus a $10 issue price.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering Dual Directional Trigger Jump Securities linked to an unequally weighted basket of five non‑U.S. equity indices, maturing on September 4, 2031. The notes pay no interest and are principal-at-risk unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co.
For each $1,000 security, if the final basket value is at or above the initial basket value (100), investors receive $1,000 plus the greater of (a) $1,000 × the basket percent change or (b) a fixed upside payment of $453.50 (45.35%). If the basket is down but not below the 75 trigger level (75% of initial), investors receive $1,000 plus the absolute percentage decline, capped at a 25% positive return. If the basket closes below 75, repayment is $1,000 × the basket performance factor, resulting in losses greater than 25% and potentially a total loss of principal.
The basket weights are 40.00% EURO STOXX 50, 25.00% TOPIX, 17.50% FTSE 100, 10.00% Swiss Market Index and 7.50% S&P/ASX 200. Aggregate principal amount is $4,450,000, issue price is $1,000 per security, and the estimated value on the pricing date was $949.60 per $1,000, reflecting embedded fees and hedging costs. Commissions and fees total $155,750, leaving $4,294,250 in proceeds to the issuer. Any payment depends on the credit of both the issuer and guarantor.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering structured Auto Callable Contingent Interest Notes maturing August 25, 2031, linked to the MerQube US Tech+ Vol Advantage Index and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of at least 12.50% per annum (6.25% semiannually) only if, on a Review Date, the Index is at or above 70% of its Initial Value; missed coupons can be paid later if the barrier is met on a subsequent Review Date.
The notes are auto-callable beginning August 20, 2027 if the Index is at or above 90% of Initial Value, in which case investors receive $1,000 per note plus due and unpaid contingent interest and the notes terminate. At maturity, if not called and the Index is at or above the 70% Buffer Threshold, investors receive principal plus the final and any unpaid coupons; if below, principal is reduced using a 30% buffer and a 1.42857 downside leverage factor, so losses can reach 100%. The underlying Index embeds a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. The notes are unsecured, not FDIC insured, and carry the credit risk of both the issuer and JPMorgan Chase & Co. The estimated value, if priced on the described date, would be about $939.60 per $1,000 note, and will not be less than $910.00.