JPMorgan Chase & Co. filings document a bank holding company with worldwide financial services operations and multiple classes of exchange-listed securities. Periodic reports describe investment banking, consumer and small-business financial services, commercial banking, transaction processing and asset management, along with capital, assets and stockholders’ equity disclosures.
The company’s 8-K filings record material events and identify registered securities including JPM common stock, depositary shares representing fractional interests in non-cumulative preferred stock, and guarantees of notes and exchange-traded notes issued by JPMorgan Chase Financial Company LLC. Proxy materials cover board matters, executive compensation, equity awards, shareholder voting items and other governance disclosures.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $702,000 of unsecured Review Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the VanEck Semiconductor ETF, maturing on July 25, 2031.
The notes may be automatically called as early as July 26, 2027 if all three underlyings are at or above 100% of their initial values, paying $1,000 plus a call premium that starts at 17.85% of principal and steps up to 89.25% on the final review date. If not called and each underlying finishes at or above its Barrier Amount of 60% of initial value, investors receive principal back at maturity.
If any underlying finishes below its barrier, repayment is reduced one-for-one with the decline in the least performing underlying, causing losses of more than 40% and up to a total loss of principal. The notes pay no interest or dividends, are subject to the credit risk of both issuer and guarantor, are not listed, and have an estimated value of $918.20 per $1,000, below the issue price due to embedded costs and hedging.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $2,450,000 of Auto Callable Contingent Interest Notes linked to the common stock of United Airlines Holdings, Inc. Each note has a $1,000 principal amount and pays a 15.00% per annum contingent interest rate (3.75% quarterly) when, on a Review Date, UAL’s share price is at or above the Interest Barrier of 49.25% of the Initial Value.
The notes may be automatically called on specified quarterly Review Dates starting January 22, 2027 if UAL’s share price is at least the Initial Value of $117.26, in which case investors receive $1,000 plus the applicable interest and no further payments. If not called and the Final Value is at or above the same 49.25% Trigger Value at maturity on July 27, 2028, investors receive principal plus the final interest payment. If the Final Value is below the Trigger Value, repayment is reduced 1% for every 1% decline from the Initial Value, which can result in losing more than 50.75% and up to all principal. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, will not be listed on an exchange, and have an estimated value of $955.20 per $1,000 at pricing, below the price to public due to fees and hedging costs.
JPMorgan Chase Financial Company LLC is offering $1,000,000 of Capped Dual Directional Buffered Return Enhanced Notes linked to the Class A common stock of CrowdStrike Holdings, Inc., due January 22, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each $1,000 note provides 3.00x exposure to any positive stock return, capped at a 24.75% Maximum Upside Return (maximum payment $1,247.50 per note). If CrowdStrike’s share price at observation is at or up to 15.00% below the strike, investors receive the absolute value of the stock move, capped by the 15% buffer (maximum $1,150.00 if the stock is down but within the buffer). Below the 15% buffer, principal is exposed one-for-one, with up to 85.00% 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., will not be listed, and may be difficult to sell. The price to public is $1,000 per note, with selling commissions of $5 and issuer proceeds of $995 per note; the estimated value at pricing was $989.10.
JPMorgan Chase Financial Company LLC is offering $560,000 of Auto Callable Contingent Interest Notes linked to the common stock of Sandisk Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a maturity date of July 26, 2029 and minimum denominations of $1,000.
The notes pay a Contingent Interest Rate of 39.50% per annum (3.29167% per month), but interest is paid only on Review Dates when the Sandisk share price is at or above the Interest Barrier of 60.00% of the Initial Value, i.e. $959.562. Missed interest can be paid later if the barrier is met on a subsequent Review Date. The notes are automatically called, starting January 22, 2027, if on any applicable Review Date the share price is at least the Initial Value of $1,599.27, in which case investors receive $1,000 plus the current and any unpaid contingent interest.
If the notes are not called and the Final Value on the last Review Date is at least the Trigger Value of 50.00% of the Initial Value (i.e. $799.635), investors receive $1,000 plus any due contingent interest. If the Final Value is below the Trigger Value, principal is reduced one-for-one with the stock’s negative return, and investors can lose more than 50% and up to all of their principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, including $29.50 in selling commissions, while the issuer’s estimated value is $880.50 per $1,000 note.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured, unsubordinated structured notes linked to the MerQube US Tech+ Vol Advantage Index, with an automatic call feature starting August 4, 2027 and a 15.00% downside buffer at maturity.
The notes pay no interest or dividends and can return less than principal; if the Index falls by more than the buffer, investors lose 1% of principal for each 1% additional decline, up to 85.00% loss. The Index includes a 6.0% per annum daily deduction and a daily notional financing cost, which drag on performance. Estimated value at issuance is about $911.70 per $1,000 note and will not be less than $900.00, reflecting selling commissions, hedging costs and issuer funding assumptions. Any payments are subject to the credit risk of JPMorgan Financial and the JPMorgan Chase & Co. guarantee, and the notes will not be listed, so liquidity may be limited.
JPMorgan Chase Financial Company LLC is offering $3,306,000 of Auto Callable Contingent Interest Notes linked to the common stock of The Goldman Sachs Group, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of 11.00% per annum (2.75% per quarter), only if on a Review Date the Goldman Sachs share price is at or above the Interest Barrier of 65.00% of the Initial Value. Missed interest can be paid later if a subsequent Review Date meets the barrier.
The notes may be automatically called on specified Review Dates starting January 22, 2027 if the share price is at or above the Initial Value of $1,098.20, returning principal plus due and unpaid contingent interest. If not called and the Final Value is at or above the Trigger Value of $713.83, investors receive principal plus final and unpaid contingent interest. If the Final Value is below the Trigger Value, repayment is $1,000 + ($1,000 × Stock Return), so investors can lose more than 35% and up to all principal. The price to public is $1,000 per note, including $18.50 in fees; the estimated value at pricing was $958.50, reflecting selling, structuring and hedging costs. Payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and the notes are unsecured, unsubordinated, not listed and may be illiquid.
JPMorgan Chase Financial Company LLC is issuing $3,883,000 of Callable Contingent Interest Notes due July 25, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations linked to the least performing of the Russell 2000 Index, the S&P 500 Index and the Nasdaq-100 Index.
The notes pay a 7.85% per annum contingent coupon (3.925% semiannually), but only for Review Dates when the closing level of each index is at least 60% of its Initial Value. Principal is protected only if, at maturity and absent early redemption, each index is at or above its 60% Trigger Value; otherwise, repayment is reduced one-for-one with the decline of the least performing index, with the possibility of losing more than 40% and up to all principal.
The issuer may redeem the notes early, in whole but not in part, on specified Interest Payment Dates starting July 27, 2028 at $1,000 plus any due contingent interest. The price to investors is $1,000 per note, including fees and commissions, while the estimated value at pricing was $936.90 per $1,000, reflecting selling, structuring and hedging costs. Liquidity is limited, with no exchange listing and secondary prices expected to be below the issue price.
JPMorgan Chase & Co. (JPM), through subsidiary JPMorgan Chase Financial Company LLC, is offering structured Capped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have $1,000 minimum denominations, an Upside Leverage Factor of 1.076, a Maximum Upside Return of at least 40.00%, and a 20.00% Buffer Amount. If the worse index falls more than 20%, investors lose 1% of principal for each additional 1% decline, up to an 80.00% loss. If the worse index declines by up to 20%, investors receive a positive return equal to the absolute decline, capped at $1,200 per $1,000 note.
The notes pay no interest or dividends, are unsecured, not FDIC-insured, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is about $991.20 per $1,000 note, and will not be less than $900.00 at pricing, reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering auto callable contingent interest notes linked individually to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, in $1,000 minimum denominations, maturing on August 12, 2031.
The notes pay a Contingent Interest Payment on monthly review dates only if each index is at or above 75.00% of its Initial Value, with a Contingent Interest Rate of at least 9.00% per annum, paid at 0.75% per month in the examples. The notes are automatically called on quarterly autocall dates (earliest August 9, 2027) if each index is at or above its Initial Value, in which case investors receive principal plus that period’s coupon.
If not called and any index finishes below its 70.00% Trigger Value at final valuation, repayment of principal is reduced one-for-one with the decline of the least performing index, potentially to zero. The issuer’s current example estimated value is $932.80 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing. Payments depend on the credit of JPMorgan Financial and the JPMorgan Chase & Co. guarantee, and the notes will not be listed, so liquidity may be limited.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering structured Capped Accelerated Barrier Notes linked to the Russell 2000 Index, with a total issuance of $657,000. Each $1,000 note provides 1.20x upside exposure to index gains up to a 76.20% maximum return at maturity on July 25, 2031.
If the index finishes at or above 60% of its initial level, investors receive at least their principal; below that barrier, losses match the full index decline, potentially to zero. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial fully guaranteed by JPMorgan Chase & Co., and carry issuer and guarantor credit risk. The initial price is $1,000 per note versus an estimated value of $940.50, reflecting selling commissions, hedging costs and structuring margins, and secondary market liquidity is not assured.