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 auto callable dual directional accelerated barrier notes linked to the lesser-performing of Advanced Micro Devices (AMD) and Apple (AAPL), maturing on August 22, 2029. The notes may be automatically called on August 20, 2027 if each stock is at or above its Call Value (100% of its Initial Value), paying $1,000 plus a Call Premium Amount of at least $648.50 per $1,000 note.
If not called and both Final Values exceed their Initial Values, investors receive 2.00× the lesser stock’s positive return. If at least one Final Value is at or below its Initial Value but both remain at or above the 50.00% Barrier Amount, investors receive an uncapped, but effectively 50.00% capped, absolute return on the downside, with a maximum payment of $1,500 per $1,000 note. If either stock finishes below its Barrier Amount, principal is exposed one-for-one to the lesser performer and investors can lose up to their entire investment.
The notes pay no interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The minimum denomination is $1,000. If priced on the date illustrated, the estimated value would be about $970.80 per $1,000 note and will not be less than $940.00, reflecting embedded fees, hedging costs and the issuer’s internal funding rate.
JPMorgan Chase submitted a Form 13F holdings report as an institutional investment manager, signed by Executive Director Michael T. Lees. The report is a full 13F holdings report, indicating that all reportable positions are included. The summary page lists 34,064 Form 13F information table entries with an aggregate reported value of $1,807,041,234,839. The filing also identifies 17 other included managers within the JPMorgan group, such as JPMorgan Chase Bank, N.A., various J.P. Morgan asset management entities across the U.S., Europe, and Asia, and other affiliated managers.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering unsecured Uncapped Accelerated Barrier Notes linked to the lesser performance of the EURO STOXX 50® and STOXX® Europe 600, maturing September 4, 2031, in minimum denominations of $1,000. The notes provide at least 2.3385x leveraged upside on any positive return of the lesser-performing index at maturity, with no cap. Principal is protected only if each index’s final level is at or above its 70% Barrier Amount; if either falls below, investors lose 1% of principal for each 1% decline in the lesser-performing index and can lose their entire investment. A hypothetical 60% index decline would return $400 per $1,000 note. The estimated value would be about $971.20 per $1,000 note if priced on the reference date and will not be less than $940.00, reflecting embedded fees, hedging costs and the issuer’s internal funding rate. The notes pay no interest or dividends, are not FDIC insured, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $300,000 of Uncapped Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, due August 15, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are unsecured, unsubordinated obligations. At maturity, investors receive 1.60 times any positive Index return, with a 15% downside buffer; beyond that, principal losses increase 1:1, up to an 85% loss. The estimated value is $977 per $1,000 note, below the $1,000 issue price. Repayment depends on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes will not be listed, so liquidity may be limited.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $2,717,000 of Uncapped 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 mature on August 15, 2028, are issued in $1,000 denominations, pay no interest and provide an upside leverage factor of 1.336 on any positive performance of the lesser performing index at maturity.
The structure includes a 10.00% downside buffer; if either index falls by more than this amount, principal is reduced 1% for each additional 1% decline, up to a maximum loss of 90.00%. The estimated value was $989.70 per $1,000 note at pricing, below issue price due to structuring and hedging costs. Investors are exposed to the credit risk of both JPMorgan Financial as issuer and JPMorgan Chase & Co. as guarantor and should expect limited liquidity and potential secondary market prices below par.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $6,619,000 of structured notes linked to the Nasdaq-100® Technology Sector and the Russell 2000® Index, due August 15, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes are auto-callable starting August 12, 2027 if each index is at or above its Call Value (100% of its Initial Value), paying back principal plus a fixed call premium (17.10% on the first Review Date, 34.20% on the second). If not called and both final index levels exceed their Initial Values, investors receive an uncapped leveraged payoff of 1.50× the gain of the lesser-performing index. If at maturity either index is below its Barrier Amount (70% of Initial Value), repayment is reduced one-for-one with the loss of the lesser-performing index, with the possibility of a complete loss of principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both the issuer and guarantor, have limited liquidity, and an estimated value of $959.90 per $1,000, below the issue price.
JPMORGAN CHASE & CO (JPM), through JPMorgan Chase Financial Company LLC, is offering $1,418,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide 1.50x upside exposure to any Index appreciation at maturity, capped at a 35.00% maximum return, with no periodic interest or dividends. A 10.00% buffer protects principal only against moderate Index declines; below that level, investors lose 1% of principal for each additional 1% Index loss, up to a 90.00% loss. The price to public is $1,000 per note, including $7.00 in selling commissions, and the estimated value at pricing is $985.60 per $1,000, reflecting structuring and hedging costs. Payments depend entirely on the performance of the Russell 2000 and the creditworthiness of JPMorgan Financial and JPMorgan Chase & Co., and the notes are not listed, which may limit liquidity.
JPMorgan Chase & Co. (JPM), through JPMorgan Chase Financial Company LLC, is offering $4,138,000 of Capped Dual Directional Buffered Equity Notes linked to the S&P 500 Index, maturing on August 15, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide uncapped principal exposure but capped upside of 37.50% when the Index rises and a positive return equal to the absolute value of Index declines up to a 20.00% Buffer Amount. If the Index falls by more than 20%, investors lose 1% of principal for each additional 1% decline, with up to 80.00% principal loss possible.
The price to public is $1,000 per note, including selling commissions of $6.50 and proceeds to the issuer of $993.50 per note. The estimated value at pricing is $988.70 per $1,000 note, reflecting embedded costs and hedging. The notes pay no interest, provide no dividends, are unsecured, not FDIC insured, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., with limited liquidity and potentially lower secondary-market values.
JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering $5,201,000 of Digital Barrier Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, maturing September 15, 2027. The notes pay a fixed 8.77% return at maturity if the final level of each index is at least 71% of its initial level; in that case, investors receive $1,087.70 per $1,000 note.
If either index ends below its 71% barrier, principal is exposed 1-for-1 to the decline of the lesser performing index, with potential total loss. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial fully guaranteed by JPMorgan Chase & Co., and were sold at $1,000 per note with an estimated value of $997.50 at pricing.
JPMorgan Chase & Co. (JPM), through its finance subsidiary JPMorgan Chase Financial Company LLC, is offering structured Capped Dual Directional Buffered Equity Notes linked to the least performing of the Dow Jones Industrial Average®, Russell 2000® Index and S&P 500® Index, maturing on August 17, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes offer unleveraged exposure to index moves with a Maximum Upside Return of 19.80% and a 30.00% Buffer Amount. If the least performing index ends above its initial level, the return equals that index’s gain, capped at 19.80%. If all index moves are between 0% and -30%, investors receive the absolute value of the worst index’s decline, up to 30%, for a maximum negative-side payment of $1,300 per $1,000. If any index falls by more than 30%, principal is reduced 1% for each additional 1% decline, down to $300 per $1,000 if the least performing index falls 100%.
The notes pay no interest or dividends, are issued in $1,000 minimum denominations, are unsecured and unsubordinated obligations of JPMorgan Chase Financial, and are subject to the credit risk of both the issuer and JPMorgan Chase & Co. The indicative estimated value is about $983 per $1,000 at launch and will not be less than $900 per $1,000.