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., plans to issue auto-callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on August 5, 2031. The notes are issued in $1,000 minimum denominations and pay no interest or dividends.
On 17 scheduled review dates starting August 3, 2027, if the Index closes at or above 100.00% of its initial level, the notes are automatically called and pay $1,000 plus a call premium of at least 25.500% to 127.500% of $1,000, depending on the call date. If never called and the final Index level is at least 50.00% of the initial level, investors receive only their principal back.
If the notes are not called and the final Index level is below 50.00% of the initial level, repayment is reduced one-for-one with the Index decline, so principal losses can exceed 50% and reach 100%. The Index embeds a 6.0% per annum daily deduction, uses leverage up to 500% in E-mini S&P 500 futures and may be significantly uninvested, all of which can weigh on performance. Credit risk of both the issuer and guarantor applies. The estimated value is currently approximately $930.00 per $1,000 principal and will not be less than $900.00 per $1,000 at issuance.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Buffered Return Enhanced Notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on August 3, 2029. The notes may be automatically called on August 6, 2027 if each index closes at or above its Call Value, paying $1,000 plus a Call Premium of at least $165 per note and then terminating.
If not called and the final level of each index exceeds its initial level, investors receive $1,000 plus 1.50× the appreciation of the least performing index. A 20.00% buffer protects principal against moderate declines; beyond that, losses are linear, up to 80.00% of principal if the least performing index falls 100%. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed, so liquidity depends on dealer bids. The estimated value is about $970 per $1,000 note today and will not be less than $950 at pricing, reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the capital stock of IBM, due July 19, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Payment for each Review Date on which IBM’s closing price is at least 50.00% of the Initial Value, the Interest Barrier. The Contingent Interest Rate will be at least 13.00% per annum.
The notes may be automatically called as early as January 19, 2027 if IBM’s closing price on a Review Date (other than the first and final) is at or above the Initial Value, in which case holders receive $1,000 per note plus the applicable interest and no further payments. If never called and IBM’s Final Value is below the 50.00% Trigger Value, the maturity payment is $1,000 plus $1,000 times the Stock Return, so losses increase 1% for each 1% IBM finishes below the Initial Value and can reach 100% of principal. The minimum denomination is $1,000. If priced on July 10, 2026, the estimated value would be approximately $960.00 per $1,000 note and, when set, will not be less than $940.00. The notes are unsecured, unsubordinated obligations exposed to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not bank deposits or FDIC insured, pay no fixed interest and provide no dividend rights in IBM.
JPMorgan Chase Financial Company LLC plans to issue Capped Dual Directional Accelerated Barrier Notes due July 20, 2029, linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Index and the Russell 2000 Index, fully guaranteed by JPMorgan Chase & Co.
At maturity, investors receive 2.00 times any positive return of the least performing index, capped at a Minimum Maximum Upside Return of 80.00%. If each index finishes at or above 70.00% of its initial level but at or below par, the notes pay the absolute index decline, up to 30.00%, for a maximum of $1,300 per $1,000 when the least performing index is down 30.00%.
If any index closes below its 70.00% Barrier Amount, principal is reduced 1% for each 1% decline of the least performing index, potentially to zero. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, may be illiquid, and have an estimated value of about $980 per $1,000, not less than $950 at pricing, reflecting selling commissions and hedging-related costs.
JPMorgan Chase Financial Company LLC is offering $2,009,000 Auto Callable Contingent Interest Notes linked to the common stock of DexCom, Inc., due July 13, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a 12.35% per annum contingent coupon (3.0875% per quarter) for each Review Date on which DexCom’s closing price is at or above the Interest Barrier of 50.00% of the Initial Value. The Initial Value is $73.02, so the Interest Barrier and Trigger Value are $36.51. If on any non-first, non-final Review Date DexCom closes at or above the Initial Value, the notes are automatically called for $1,000 plus that quarter’s interest.
If not called and the Final Value is at or above the Trigger Value, investors receive $1,000 plus the final contingent interest; if below, repayment falls to $1,000 × Final Value/Initial Value, exposing principal to losses beyond 50% and potentially to a total loss. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $962.50 per $1,000 note, below the $1,000 issue price due to selling commissions, structuring fees and hedging costs. The notes are not listed; secondary liquidity, if any, would depend on JPMS.
JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co., is offering Auto Callable Contingent Interest Notes linked to Honeywell International Inc. common stock, maturing July 19, 2028. The notes pay a quarterly Contingent Interest Payment of at least $31.625 per $1,000 note, equivalent to a minimum 12.65% per annum, for any Review Date on which Honeywell’s share price is at least 70% of the Initial Value.
The notes may be automatically called as early as January 14, 2027 if Honeywell’s share price on specified Review Dates is at or above the Initial Value, returning $1,000 per note plus the applicable Contingent Interest Payment and any previously unpaid contingent interest. If not called and the Final Value is at least 70% of the Initial Value, holders receive $1,000 at maturity plus the final Contingent Interest Payment and any unpaid prior contingent interest.
If the notes are not automatically called and the Final Value is below 70% of the Initial Value, the maturity payment equals $1,000 plus $1,000 times the Stock Return, creating one-for-one downside exposure to Honeywell’s share price and the possibility of losing most or all principal. The notes are unsecured and unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., with an estimated value of approximately $970.00 per $1,000 note if priced on the reference date and a minimum estimated value at pricing of $950.00 per $1,000 note.
JPMorgan Chase Financial Company LLC is issuing $250,000 of Uncapped Buffered Digital Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured and unsubordinated and expose holders to the credit risk of both entities.
The notes offer uncapped exposure to Index appreciation at maturity, with a Contingent Digital Return of 60.50% if the Final Value is at least the Initial Value, or the full Index Return if higher. A 20.00% Buffer Amount protects principal for moderate declines, but losses accelerate beyond the buffer at a Downside Leverage Factor of 1.25, so investors can lose some or all principal. The Initial Value of the Index on the pricing date was 603.95, and the notes are scheduled to mature on July 14, 2031.
The price to public is $1,000 per note, including $7.50 in selling commissions, for issuer proceeds of $992.50 per note. The estimated value was $966.20 per $1,000 at pricing, reflecting embedded costs and internal funding assumptions. The notes pay no interest, will not be listed on any exchange, may have limited or no liquidity, and are subject to market, futures, roll, tax and structural risks described in detail in the risk disclosures.
J.P. Morgan provides a July 2026 performance update for the J.P. Morgan Tactical Blend Index, a rules-based strategy that allocates between a low-volatility U.S. equity index, a core bond index, and a U.S. dollar ETF, while targeting a specified volatility level. The Index is calculated on an excess return basis, net of the U.S. Fed Funds Effective Rate, and is reduced by a 0.85% per annum daily deduction. It was established on March 30, 2023, with levels published under ticker JPUSTACB.
From June 2016 to June 2026, hypothetical and actual data show the Index with a Sharpe Ratio of 0.54, 10-year annualized volatility of 3.55%, and a 10-year annualized return of 1.90%. Shorter periods are weaker, including a 1-year return of -0.09%. A Domestic 30/70 portfolio (S&P 500 / U.S. Aggregate Bond, excess return) had a Sharpe Ratio of 0.46, 10-year volatility of 6.41% and return of 2.94%, while a Global 30/70 portfolio showed a Sharpe Ratio of 0.21, 10-year volatility of 6.23% and return of 1.33%. The update emphasizes extensive use of hypothetical backtesting and proxy data for pre-launch periods and highlights multiple risks, including that the Index may not achieve its target volatility and may be significantly uninvested.
JPMorgan Chase & Co. provides an index supplement for notes linked to the proprietary J.P. Morgan Kronos+ SM Index, including hypothetical backtested and actual historical monthly and annual returns from July 7, 1954 through June 30, 2026. The index was established on December 22, 2020 and is calculated using the current methodology, with performance figures before that date derived from hypothetical backtests. The index level reflects an annual fee of 0.95% and may also incorporate a notional financing cost based on the Effective Federal Funds Rate. Disclosures emphasize that past and backtested performance are not indicative of future results, that backtests have inherent limitations, and that alternative simulations could yield materially different outcomes. Key risks include the sponsor’s ability to adjust the index, strategy-specific risks (turn-of-month, option expiry momentum, mean reversion), potential periods when the index is uninvested in its constituent, and the index’s limited operating history. The notes are not bank deposits, are not insured by the FDIC or any governmental agency, and are not obligations of, or guaranteed by, a bank.
J.P. Morgan describes the J.P. Morgan Tactical Blend Index, which underlies notes offered under an existing prospectus suite, and provides a long history of hypothetical backtested and more recent actual monthly and annual returns and allocation weights among currency, bond and equity basket constituents.
Backtested performance uses alternative or proxy data for certain constituents prior to specific launch and liquidity dates, then hypothetical performance based on actual constituents through March 29, 2023, and actual index performance from March 30, 2023 to June 30, 2026. The index is calculated on an excess return basis over the US Fed Funds Effective Rate and is reduced by a 0.85% per annum daily deduction.
Risk disclosures highlight that results are hypothetical for long periods, the index has a limited live history, may be significantly uninvested, may be heavily influenced by its equity constituent, seeks but may not achieve target volatility or risk-parity, and uses a momentum-based rebalancing methodology. The notes linked to the index are not bank deposits, are not insured by the FDIC or any government agency, and are not approved or disapproved by the SEC or state regulators.