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 issuing contingent income auto-callable securities linked to Amazon.com, Inc. common stock, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a stated principal amount of $1,000, with an aggregate principal amount of $25,167,000. Investors may receive a contingent quarterly payment of 2.6625% of principal ($26.625 per $1,000) on each determination date when Amazon’s closing price is at or above 60% of the initial stock price of $245.34, a downside threshold level of $147.204; no payment is made for periods when the stock closes below that level.
If on any non-final determination date Amazon closes at or above the initial stock price, the notes are automatically redeemed at par plus the applicable contingent payment, and no further payments are made. If the notes are not called and the final stock price is at or above the downside threshold, investors receive principal plus the final contingent payment at maturity on July 13, 2029. If the final stock price is below the threshold, repayment equals principal multiplied by the stock performance factor (final price divided by initial price), resulting in a payment below 60% of principal and possibly zero. Holders do not participate in any appreciation of the stock and bear the credit risk of both issuers. The estimated value on the pricing date is $961.90 per $1,000, reflecting selling commissions, a structuring fee and hedging-related costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $9,771,000 of Contingent Income Auto-Callable Securities due July 13, 2029, linked to Capital One Financial Corporation common stock. Each note has a $1,000 principal amount and is principal-at-risk.
Investors may receive a $25.25 (2.525%) contingent quarterly payment per $1,000 when, on a determination date, Capital One’s share price is at or above 60% of the $201.52 initial price (a $120.912 downside threshold). If on any non-final determination date the stock closes at or above the initial price, the notes auto-call for $1,000 plus the applicable contingent payment and any previously unpaid contingent payments.
If the notes are not called and the final stock price is at or above the downside threshold, holders receive $1,000 plus the final contingent payment (and any unpaid prior payments). If the final price is below the threshold, repayment is reduced one-for-one with the stock decline, potentially to zero. There is no upside participation. The estimated value is $962.20 per $1,000, and outcomes depend on both Capital One’s share performance and the credit of JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $352,000 principal amount of unsecured, unsubordinated notes linked to the S&P 500® Futures Excess Return Index, in $1,000 minimum denominations. The notes price at $1,000 per note, with selling commissions of $6 and issuer proceeds of $994 per note.
At maturity on July 15, 2031, holders receive $1,000 per note plus an Additional Amount equal to $1,000 × Index Return × the 146.30% Participation Rate, floored at zero, based on the Index’s closing levels from an Initial Value of 606.46 on July 10, 2026. The notes pay no periodic interest and principal repayment depends on the credit of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $975.50 per $1,000 note, below the price to public, reflecting selling, structuring, and hedging costs, and secondary market prices are expected to be lower than the issue price.
Investors face risks including no upside cap but potential zero return above principal, limited liquidity because the notes are not exchange-listed, conflicts of interest from JPMorgan affiliates’ roles, and futures-related risks such as negative roll returns. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments, requiring accrual of original issue discount at a 4.55% comparable yield and recognizing interest-type income and potentially ordinary loss at disposition.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing on July 25, 2028, in minimum denominations of $1,000. The notes pay a monthly Contingent Interest Payment only when each index closes at or above 70.00% of its Initial Value (the Interest Barrier) and may be automatically called beginning July 20, 2027 if each index is at or above its Initial Value, returning principal plus that period’s interest.
If the notes are not called and on the final Review Date any index finishes below its Trigger Value of 70.00% of Initial Value, principal is reduced 1% for each 1% decline in the Least Performing Index, up to a full loss. A hypothetical Contingent Interest Rate of at least 11.20% per annum (0.93333% per month) limits upside to coupon income only; holders do not participate in index appreciation or dividends. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., and all payments depend on their credit. If priced today, the estimated value would be about $982.20 per $1,000 note and will not be less than $900.00 at pricing, reflecting selling commissions, hedging costs and dealer margins.
JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the Nasdaq-100 Index® and the S&P 500® Index, maturing on April 25, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
Investors may receive a Contingent Interest Payment on each Review Date only if the closing level of both indices is at least 70.00% of its Initial Value, the Interest Barrier. Starting on July 20, 2027, the notes are automatically called if, on certain Review Dates, both indices close at or above their Initial Values, returning $1,000 per note plus that period’s contingent interest, with no further payments.
If the notes are not called and on the final Review Date either index finishes below its 70.00% Trigger Value, principal is reduced 1% for each 1% decline of the lesser-performing index, potentially to zero. The hypothetical Contingent Interest Rate is 10.15% per annum (at least this level in the final terms). The price to public is $1,000 per note; the estimated value is about $984.10 per $1,000 today and will not be less than $900.00 per $1,000 when set. The notes are unsecured, not FDIC insured, may be illiquid, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $8,132,000 of Contingent Income Auto-Callable Securities linked to Broadcom Inc. common stock. Each security has a $1,000 principal amount and a potential quarterly coupon of $29.375 (2.9375%) per security.
Coupons are paid only if Broadcom’s closing price on a determination date is at or above the downside threshold of $199.985, equal to 50% of the initial stock price of $399.97. If on any non-final determination date the stock closes at or above the initial price, the notes are automatically redeemed for principal plus that quarter’s coupon and any unpaid coupons. If not called and the final price is at least the threshold, investors receive principal plus the final coupon and any unpaid coupons. If the final price is below the threshold, repayment is reduced 1-for-1 with the stock’s decline from the initial price and can fall below 50% of principal, down to zero.
Investors do not participate in stock appreciation and bear the credit risk of JPMorgan entities. The estimated value on the pricing date is $968 per $1,000 security, below the issue price due to selling commissions, a $5 structuring fee and hedging and issuance costs.
JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes due June 23, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay monthly contingent interest at a rate of at least 10.40% per annum when each of the Nasdaq-100 Index, Russell 2000 Index and SPDR S&P Regional Banking ETF closes at or above 70% of its Initial Value, the Interest Barrier.
The notes may be automatically called starting January 19, 2027 if each underlying is at or above its Initial Value, returning $1,000 per note plus the applicable interest payment. If not called, repayment at maturity is based on the Least Performing Underlying: principal is preserved only while its Final Value remains at or above 60% of its Initial Value, the Trigger Value; below that level, repayment is reduced one-for-one with the underlying’s loss and all principal can be lost. The securities are unsecured, not insured, and an illustrative estimated value is about $966 per $1,000 note, below the issue price and not less than $900 when set.
JPMorgan Chase Financial Company LLC is offering Auto Callable Barrier Notes due July 25, 2030, linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100 Index® and the Russell 2000® Index, in minimum denominations of $1,000, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on review dates starting July 22, 2027 if each index closes at or above 100.00% of its Initial Value, paying back $1,000 plus a call premium of at least 15.00%, 30.00% or 45.00% of principal on the first three review dates, respectively. If not called and all final index levels are at or above 70.00% of Initial Value, investors receive principal at maturity; if any index finishes below its 70.00% Barrier Amount, repayment is $1,000 plus the return of the least performing index, exposing holders to losses up to 100% of principal.
The notes pay no interest or dividends, are unsecured and unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and have an estimated value of about $945.30 per $1,000 today, which will not be less than $900.00 per $1,000 when finalized.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing July 27, 2032 and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment for each monthly Review Date on which the Index closes at or above 80.00% of the Initial Value, with any unpaid coupons accruing and being paid once the barrier is met. The Contingent Interest Rate will be at least 16.40% per annum. The notes may be automatically called, starting July 22, 2027, if on certain Review Dates the Index is at or above the Initial Value.
If the notes are not called and at maturity the Index is below the 60.00% Trigger Value, repayment is reduced 1% for each 1% Index decline, down to zero, so principal loss can be substantial. The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost (SOFR plus 0.50%), and can use leverage up to 500%, which can magnify losses. The minimum denomination is $1,000. If priced today, the estimated value would be about $942.90 per $1,000, and at pricing will not be less than $900, reflecting selling commissions, hedging costs and issuer funding. Payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., the notes are not listed, may be illiquid, pay no dividends on the QQQ Fund, and involve complex tax and withholding considerations.
JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes due July 29, 2031, linked to the MerQube US Tech+ Vol Advantage Index and fully guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent interest rate of at least 11.75% per annum only when the Index on a Review Date is at or above 80% of its Initial Value; missed coupons can be paid later if the condition is met. Beginning with the twelfth Review Date, the notes are automatically called if the Index is at or above its Initial Value, with investors receiving $1,000 per note plus due and unpaid contingent interest.
If the notes are not called, principal is protected only by a 15% buffer: if the Final Index Value is below 85% of the Initial Value, investors lose 1% of principal for each 1% decline beyond that, up to an 85% loss. The MerQube Index targets 35% implied volatility with exposure between 0% and 500% to the Invesco QQQ Fund and embeds a 6.0% per annum daily deduction plus a notional financing cost, so it is expected to trail an otherwise similar index without these charges. An example estimated value is $913.50 per $1,000 note, and the final estimated value at pricing will not be less than $900, both below the $1,000 issue price due to selling commissions, hedging costs and dealer profit. Key risks include no guarantee of any interest, substantial downside to principal, leverage and “volatility drag” in the Index, limited liquidity and the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.