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 & Co. is offering Callable Fixed Rate Notes due July 31, 2046, paying interest at a fixed rate of 6.00% per annum. For each $1,000 principal amount, annual interest is paid in arrears on July 31 of each year, beginning July 31, 2027, using a 30/360 day count, a Following Business Day Convention and an Unadjusted Interest Accrual Convention.
Beginning July 31, 2028, and on the last calendar day of January and July through January 31, 2046, JPMorgan may redeem the notes in whole at par plus accrued interest. The price to the public is generally $1,000 per $1,000 principal amount, with eligible institutional or fee-based accounts paying not less than $950.10. If priced on the indicated terms, selling commissions would be about $10.00 per $1,000, capped at $30.00. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, are not insured by the FDIC or any government agency, and are subject to the firm’s preferred single point of entry resolution strategy, under which losses would be borne by equity and unsecured creditors, including noteholders. The notes are described as not designed for short-term trading and intended to be held to maturity.
JPMorgan Chase Financial Company LLC plans to issue Capped Buffered Enhanced Participation Basket-Linked Notes, guaranteed by JPMorgan Chase & Co., with a $1,000 principal amount per note and maturity on July 20, 2028. The notes are linked to a weighted basket of five equity indices: EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (7%). The basket level is set at 100 at trade date and the final level is observed on July 18, 2028.
If the final basket level is above the initial level, holders receive principal plus 2.00x the basket gain, capped at a maximum settlement amount expected between $1,286.60 and $1,336.20 per $1,000 note, corresponding to a cap level between 114.33% and 116.81% of the initial basket level. If the basket falls by up to 10.00%, principal is repaid; below that buffer, losses increase on a leveraged basis using a buffer rate of approximately 1.1111, and holders could lose their entire investment. The notes pay no interest, are not listed, and have no issuer redemption right. The estimated value at pricing is expected between $964.50 and $974.50 per $1,000 note, reflecting selling commissions of up to 2.00% and hedging and structuring costs. All payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and tax treatment is uncertain, with counsel viewing the notes as prepaid financial contracts treated as “open transactions.”
JPMorgan Chase Financial Company LLC is offering Uncapped Buffered Digital Notes linked to the lesser performing of the S&P 500 Index and the Nasdaq-100 Index, due July 19, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Each $1,000 note provides uncapped, unleveraged exposure to any appreciation of the lesser performing index at maturity, with a Contingent Digital Return of at least 10.00% when the lesser performer is flat, higher, or down by up to the 15.00% Buffer Amount. If either index falls by more than 15.00%, repayment of principal is reduced 1% for each percentage point of additional decline in the lesser performer, up to a maximum loss of 85.00% of principal.
The notes pay no interest, do not provide dividends on index constituents, and are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co. They will not be listed on any exchange, and secondary market liquidity, if any, will depend on J.P. Morgan Securities LLC. The estimated value, if priced on the stated date, would be approximately $991.80 per $1,000 note and will not be less than $950.00 per $1,000 at pricing, reflecting selling commissions, hedging costs and structuring fees.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Contingent Interest Notes linked to the common stock of Target Corporation and maturing on July 20, 2028. The notes pay a Contingent Interest Rate of at least 12.00% per annum, or at least $30.00 per $1,000 note each quarter, but only for Review Dates when Target’s closing price is at or above an Interest Barrier of 65.00% of the Initial Value. Missed coupons can be paid later if the barrier is met. The notes are automatically called, returning principal plus accrued contingent interest, if on any Review Date other than the first and final the stock closes at or above the Initial Value.
If the notes are not called and the Final Value is at or above the Trigger Value of 65.00% of the Initial Value, investors receive principal back at maturity plus due contingent interest. If the Final Value is below the Trigger Value, repayment is reduced one-for-one with Target’s decline, and investors can lose more than 35% and up to all of their principal. The notes are unsecured obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., are not listed on any exchange and may have limited liquidity. The company expects the estimated value to be below the $1,000 issue price, reflecting selling commissions, structuring fees and hedging costs.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, in minimum denominations of $1,000, due July 21, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent interest rate of at least 15.50% per annum (at least 7.75% semiannually) only when the Index on a Review Date is at or above 70% of its Initial Value. They are automatically called if, on any non-first, non-final Review Date, the Index is at or above 85% of the Initial Value, returning $1,000 plus that period’s interest. If not called and the Final Value is at least 50% of the Initial Value, investors receive $1,000 plus any final interest; below that trigger, repayment is $1,000 plus $1,000×Index Return, exposing holders to losses greater than 50% and potentially a complete loss of principal. The Index embeds a 6.0% per annum daily deduction and can use leverage up to 500% in E-mini S&P 500 futures, and the notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is currently about $927.40 per $1,000 note and will not be less than $900 when terms are set, lower than the $1,000 issue price due to selling commissions, hedging costs and fees.
JPMorgan Chase & Co. is offering callable fixed rate notes due July 28, 2056 that pay 6.00% per annum on each $1,000 principal amount, with interest paid annually on July 28 beginning in 2027, using a 30/360 day count.
From January 28, 2031, and on January 28 and July 28 each year through January 28, 2056, the issuer may redeem the notes in whole at par plus accrued interest, under a following Business Day Convention and unadjusted Interest Accrual Convention.
The price to the public is generally $1,000 per note, while eligible institutional and fee-based accounts may pay between $925.10 and $1,000, with selling commissions of about $20.50 per $1,000 note, capped at $50.00. The notes are unsecured, not FDIC insured, long-dated instruments and in a JPMorgan Chase & Co. resolution losses would be borne by equity holders and unsecured creditors, including holders of these notes.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, with a minimum denomination of $1,000 per note and a guarantee from JPMorgan Chase & Co.
The notes are scheduled to price on July 29, 2026, with quarterly review dates, a final review date on July 29, 2031, and maturity on August 1, 2031. They pay a contingent interest rate of at least 10.85% per annum (at least 2.7125% per quarter) only if, on a review date, the index is at or above an interest barrier equal to 60% of the initial value; unpaid interest can be paid later if conditions are met.
The notes are automatically called on certain review dates if the index is at or above its initial value, returning $1,000 per note plus the applicable interest and any previously unpaid interest, with no further payments. If not called, and the final index value is at or above the 60% Trigger Value, the same principal and interest structure applies at maturity; if it is below, the repayment falls in line with the index loss and can be reduced to zero.
The underlying index uses leveraged exposure of up to 500% to E‑Mini S&P 500 futures and embeds a 6.0% per annum daily deduction, which can weigh on performance. The estimated value at issuance will be at least $870 per $1,000 note, and all payments depend on the credit of the issuer and guarantor.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes in $1,000 denominations linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 1, 2031 and are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor.
Holders receive a contingent coupon of at least 10.85% per annum, or at least $27.125 per $1,000 quarterly, only if on a Review Date the Index closes at or above 60.00% of its Initial Value (the Interest Barrier). Missed coupons are not paid unless a later Review Date meets the barrier, and investors may receive no interest over the term. Starting with the fourth Review Date, if the Index closes at or above its Initial Value, the notes are automatically called for $1,000 plus due and unpaid coupons, with the earliest call observation on July 29, 2027. If not called and the Final Value is below the 60% Trigger Value, principal is reduced one-for-one with the Index loss, leading to losses greater than 40% and up to total loss. The underlying Index applies a 6.0% per annum daily deduction and can use leverage up to 500% in E-mini S&P 500 futures, creating additional volatility, leverage and futures-market risks. The price to public is $1,000 per note, while the estimated value will be lower, and in the current illustration is well below par, reflecting selling commissions, hedging costs and dealer margins; the notes are not listed and secondary liquidity depends on JPMS.
JPMorgan Chase Financial Company LLC is offering callable fixed rate notes due July 31, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and pays 5.00% per annum, with interest payable annually on July 31, beginning July 31, 2027, calculated using a 30/360 day count.
The notes are callable at the issuer’s option, in whole but not in part, on the last calendar day of January, April, July and October from January 31, 2027 through April 30, 2030, at par plus accrued interest. The price to the public per $1,000 note will be between $990.10 and $1,000, and selling commissions are expected to be about $4.00 per $1,000 note and will not exceed $12.50. The notes are unsecured, are not bank deposits and are not insured by the FDIC. For U.S. federal income tax purposes, counsel expects the notes to be treated as fixed-rate debt instruments issued without original issue discount.
JPMorgan Chase & Co. is offering unsecured Callable Fixed Rate Notes due July 29, 2033. The notes pay fixed interest at 5.40% per annum, calculated using a 30/360 day count, with interest payable in arrears each July 31 from 2027 through 2032 and on the 2033 maturity date.
Starting July 31, 2028, and on the last calendar day of January and July through January 31, 2033, JPMorgan may redeem the notes in whole at par plus accrued interest. Each note has a $1,000 principal amount, with the price to the public between $985.10 and $1,000 per $1,000 note; typical selling commissions are about $1.00 per $1,000 note, capped at $15.00. The notes are unsecured obligations of JPMorgan, are not bank deposits, are not insured by the FDIC or any governmental agency, and would share in loss absorption with other unsecured creditors if JPMorgan were resolved under its preferred single point of entry strategy. For U.S. federal income tax purposes, they are expected to be treated as fixed-rate debt instruments issued without original issue discount.