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 is offering structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, maturing July 20, 2029 and fully guaranteed by JPMorgan Chase & Co. Each $1,000 note may be automatically called on nine review dates starting July 20, 2027 if the index closes at or above 90% of its initial level, returning principal plus a call premium starting at at least 22% and rising to at least 66%.
If never called and the final index level is at least 65% of the initial level, holders receive only principal. If the final level is below 65%, repayment is reduced one-for-one with the index return, so more than 35% and potentially all principal can be lost. The notes pay no interest or dividends and are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase.
The underlying index uses up to 500% leveraged exposure to E-mini S&P 500 futures and is reduced by a 6.0% per annum daily deduction, which drags performance and can cause declines even when futures are flat or modestly positive. The economic value is estimated at about $950 per $1,000 note, with a minimum of $920 at pricing, and secondary market liquidity and prices may be limited.
JPMorgan Chase Financial Company LLC is issuing structured Review Notes due July 19, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co., with a total offering size of $394,000. The notes are linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100 Index® and the Russell 2000® Index.
The notes may be automatically called on review dates in 2027, 2028 or 2029 if each index closes at or above its Call Value (100% of its Initial Value), paying $1,000 plus a Call Premium of 12.45%, 24.90% or 37.35%, respectively. If not called, investors receive principal at maturity only if each index’s Final Value is at or above its Barrier Amount of 55.00% of Initial Value; otherwise, repayment is $1,000 plus $1,000 times the return of the least performing index, exposing investors to more than 45% and potentially 100% principal loss.
The notes pay no interest, provide no dividends on index constituents, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, including $29 in fees, while the issuer’s estimated value is $951.10 per $1,000 note, and the notes are not expected to be listed, limiting liquidity.
JPMorgan Chase Financial Company LLC is issuing $333,000 of Callable Contingent Interest Notes linked to the lesser performing of the Nasdaq-100® Technology Sector and the S&P 500® Index, due July 19, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of 11.00% per annum (0.91667% monthly) only for Review Dates when each index closes at or above 70% of its Initial Value, with unpaid coupons accruing if later barriers are met. The issuer may redeem the notes early, in whole, on any Interest Payment Date other than the first, second and final, starting October 19, 2026.
If held to maturity and not called, investors receive par plus any due contingent interest if each index’s Final Value is at or above its Trigger Value (also 70% of Initial Value). Otherwise, repayment is reduced by the decline of the lesser performing index, exposing investors to substantial principal loss. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with an estimated value of $974.40 per $1,000 principal at pricing.
JPMorgan Chase Financial Company LLC is offering Uncapped Accelerated Barrier Notes linked to the lesser performing of the iShares MSCI EAFE ETF and the EURO STOXX 50 Index, maturing on August 7, 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, if both underlyings finish above their initial values, holders receive $1,000 plus at least 2.04x any gain of the lesser performer. If either underlying finishes at or below its initial value but both remain at or above 60% of initial value, principal is returned. If either closes below the 60% barrier, principal is reduced 1% for each 1% decline of the lesser performer, down to total loss.
The notes pay no interest, provide no dividends or fund/index rights, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on an exchange. The price to public is $1,000 per note; if priced on the date shown, the estimated value would be about $958.40 and will not be less than $900.00 per $1,000 at pricing, reflecting selling commissions, structuring and hedging costs.
JPMorgan Chase Financial Company LLC is offering $1,000,000 of Auto Callable Contingent Interest Notes linked to Honeywell International Inc. common stock, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon at 12.65% per annum, or $31.625 per $1,000, whenever Honeywell’s closing price on a Review Date is at or above the Interest Barrier of 70.00% of the Initial Value ($155.876). Missed coupons accrue and are paid on a later date if the barrier is met. Starting January 14, 2027, the notes are automatically called if Honeywell closes at or above the Initial Value of $222.68, returning principal plus the applicable coupon and any accrued coupons.
If the notes are not called and the Final Value is at or above the Trigger Value (the same 70% level), holders receive $1,000 per note plus the final and accrued coupons. If the Final Value is below the Trigger Value, repayment equals $1,000 + $1,000 × Stock Return, so declines beyond 30% can cause substantial or total principal loss and no interest. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of it and JPMorgan Chase & Co. The price to public is $1,000 per note, including $18.50 of fees, while the issuer’s estimated value is lower at $969.70. Other key considerations include lack of listing and limited liquidity, possible issuer acceleration upon certain Honeywell delisting events, no dividend rights on Honeywell shares and complex U.S. and non-U.S. tax treatment of contingent coupons.
JPMorgan Chase Financial Company LLC is offering $475,000 of Structured Investments Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Investors pay $1,000 per note.
The notes may be automatically called on quarterly Review Dates starting July 14, 2027 if the Index closes at or above the Call Value (100% of the Strike Value of 4,254.96). Upon an automatic call, investors receive $1,000 plus a fixed Call Premium Amount, which starts at 26.00% and rises to 182.00% of principal on the final Review Date.
If not called and the Final Value is at or above the Barrier Amount of 2,127.48 (50% of Strike), principal is returned at maturity on July 12, 2033. If the Final Value is below the Barrier, repayment is reduced one-for-one with the Index return, so more than 50% and up to all principal can be lost. The Index includes a 6.0% per annum daily deduction, which drags performance versus an undeducted index. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and have an estimated value of $911.10 per $1,000 at pricing, below the price to public.
JPMorgan Chase Financial Company LLC is issuing $933,000 of unsecured Callable Contingent Interest Notes due June 20, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, with payments based on each index individually rather than a basket.
Holders receive a Contingent Interest Payment only for Review Dates when the closing level of each index is at least 75.00% of its Initial Value (the Interest Barrier), at a rate of 11.40% per annum, or 0.95% per month. The issuer may redeem the notes early, in whole, on specified Interest Payment Dates from October 19, 2026 onward, paying $1,000 per note plus the applicable contingent interest.
If the notes are not redeemed early and on the final Review Date each index is at least 60.00% of its Initial Value (the Trigger Value), investors receive $1,000 per note plus any final contingent interest. If any index finishes below its Trigger Value, repayment is reduced 1-for-1 with the Least Performing Index return, potentially down to zero principal. The price to public is $1,000 per note, with selling commissions of $7.25 and issuer proceeds of $992.75 per note; the estimated value on the pricing date is $968.30, reflecting embedded selling, structuring and hedging costs. The notes are not bank deposits, are not FDIC insured and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $335,000 aggregate principal amount of auto callable contingent interest notes linked to the lesser performance of American Airlines Group and Apple common stock, due January 13, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a Contingent Interest Payment at a rate of 18.78% per annum (1.565% per month) only when, on a Review Date, the closing price of one share of each reference stock is at or above 70% of its Strike Value (Interest Barrier). Strike Values are $16.95 for AAL and $315.32 for AAPL, giving Interest Barrier and Trigger Values of $11.865 and $220.724. From October 12, 2026, the notes are automatically called if on a Review Date (other than the first, second and final) both stocks are at or above their Strike Values, returning $1,000 plus current and any unpaid contingent interest.
If the notes are not called and on the final Review Date either stock finishes below its Trigger Value, repayment of principal is reduced 1% for each 1% decline of the lesser performing stock from its Strike Value, up to a complete loss. The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and are not bank deposits or FDIC insured. The price to public is $1,000 per note, including selling commissions of $40, while the estimated value is $947.20 per $1,000, reflecting selling, structuring and hedging costs; secondary market liquidity and prices may be limited and below the issue price.
JPMorgan Chase Financial Company LLC is offering $1,435,000 of Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month Forward, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each Security has a $10.00 principal amount, a minimum investment of $1,000, and a scheduled maturity on July 16, 2031, subject to automatic call.
If on July 21, 2027 the index is at or above 100.00% of its Initial Value, the notes are automatically called and pay $11.93 per $10 (a 19.30% Call Return), with no further upside. If not called and the index is positive at maturity, holders receive principal plus 1.35 times the positive index return. If the index is flat or down but at or above 75.00% of the Initial Value, only principal is repaid. If the Final Value is below the 75.00% Downside Threshold, repayment is reduced one-for-one with the index loss, down to zero. The notes pay no interest, are unsecured and unsubordinated, are not FDIC insured, and all payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co. The estimated value at pricing is $9.415 per $10 Security, below the issue price.
JPMorgan Chase Financial Company LLC is offering auto callable accelerated barrier notes linked to the lesser performance of the Nasdaq-100 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes mature on August 1, 2031 and may be automatically called on August 4, 2027 if each index closes at or above a specified Call Value, paying $1,000 plus a Call Premium Amount of at least $245 per $1,000. If not called and both indices finish above their initial levels, investors receive $1,000 plus 1.50× the gain of the lesser performing index. If either index finishes at or below its initial level but both remain at or above 70% of initial, principal is returned. If the lesser index finishes below this 70% Barrier Amount, principal is reduced one-for-one with its loss, up to total loss.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, and are not listed on any exchange. The indicative estimated value is about $970 per $1,000 note and will not be less than $900 per $1,000 when finalized, reflecting structuring and hedging costs. U.S. tax treatment is expected to follow that of prepaid financial contracts, and the issuer currently expects Section 871(m) withholding will not apply to Non-U.S. Holders.