⚡What does JPMorgan Chase do, in 30 seconds?
JPMorgan Chase runs the largest US commercial bank, measured by the assets of that bank at 30 June 2026 17. It takes deposits, lends money, helps companies raise cash, trades for investors and manages wealth 2 2 2. In FY2025 its revenue, after paying interest to savers, was $182.4bn ✓, and it kept $57.0bn ✓ as profit.
📱What does JPMorgan Chase sell?
JPMorgan has three businesses that serve customers, plus a Corporate unit that runs the bank's own money 43 2. It reports results on a 'managed' basis, which counts some tax-free income as if it were taxed 3. Here is what each part does and who uses it.
Consumer & Community Banking
This is Chase, the consumer bank, with $76.0bn ✓ of revenue in FY2025. It offers deposits, investing, credit cards, home loans and car loans 2. Customers use branches, ATMs, phones and digital banking 2. It added over 650,000 net new checking accounts in the third quarter of 2026 3.
👥 Consumers and small businesses 2.
Commercial & Investment Bank
The biggest unit, with $78.5bn ✓ of revenue in FY2025. It advises companies, helps them raise money, lends to them and handles their payments 2. It also makes markets for investors 2. It held $44.1tn of assets in custody at 30 September 2026 24. Industry league tables ranked it first for global investment banking fees in 2025 5.
👥 Companies and institutions around the world 2.
Asset & Wealth Management
This unit runs investment funds and a private bank, with $24.1bn ✓ of revenue in FY2025. Its funds hold stocks, bonds, money market and other investments 2. Assets it manages reached $5.2tn in the third quarter of 2026 3.
👥 Institutions and individuals, plus wealthy clients at its Global Private Bank 2.
Corporate and other
This is the bank's own treasury and central staff. It manages the firm's cash, funding, capital and the risk of interest rate and currency moves 2. Here it shows $3.9bn ✓ in FY2025, what is left of total revenue after the three businesses, whose figures use the managed basis 3. So it is not the same as Corporate's own reported revenue. Its revenue swings: in the third quarter of 2026 it fell $1.6bn on a year earlier, with $658m of net losses on investment securities 3.
👥 No outside customers; it looks after the firm's own money and runs central functions such as technology, legal and risk 2.
How the mix has shifted
Where the customers are
Most of JPMorgan's revenue comes from North America, at 77% ✓ in FY2025. The rest of the world added 23% ✓. JPMorgan had staff in 66 countries at the end of 2025, though 58% of them worked in the US 48.
💸How does JPMorgan Chase make money?
Follow the money from left to rightfrom top to bottom: what comes in (after paying interest to savers and lenders), what it costs to run, what is lost on bad loans, and what is left as profit.
For a bank, revenue means what is left after paying interest to savers. JPMorgan's revenue was $182.4bn ✓ in FY2025. It comes from two engines 3. The first is net interest income: the bank earns more interest on loans and bonds than it pays on deposits. The second is noninterest revenue, such as fees for advice, card fees and trading for clients.
Deposits are the money people and companies keep at the bank. JPMorgan held $2.78tn of them at 30 September 2026, and its loans equalled 57% of its deposits 4.
Running costs, such as pay, technology, marketing and branches, took $95.6bn ✓. Next, the bank set aside $14.2bn ✓ for loans that may not be repaid. That included $2.2bn tied to its commitment to buy the Apple Card portfolio 5. Pretax profit was $72.6bn ✓. After tax of $15.5bn ✓, JPMorgan kept $57.0bn ✓ as profit. Out of every $100 of revenue, about $52 ✓ went on running costs, $8 ✓ on loan losses and $9 ✓ on tax. JPMorgan kept $31 ✓.
Out of every $100 of revenue in FY2025…
⏱️ JPMorgan Chase by the clock
Spread the FY2025 totals evenly over its 365 days and you get this. Source: JPMorgan Chase & Co. 10-K [6].
📈How is JPMorgan Chase doing?
JPMorgan has grown every year for a decade. From FY2015 to FY2025, revenue grew 6.9% ✓ a year on average. It rose in 10 ✓ of those 10 ✓ years. JPMorgan says 2025 was its eighth record revenue year in a row 49. Profit grew faster, from $24.4bn ✓ in FY2015 to $57.0bn ✓ in FY2025. The share of revenue left as pretax profit rose from 32.8% ✓ to 39.8% ✓.
The four quarters to June 2026 look even stronger. Revenue reached $199.4bn ✓, up 13.5% ✓ on the four quarters before. Profit was $65.1bn ✓. That includes the second quarter of 2026, when JPMorgan booked a $4.6bn net gain on its Visa shares 3239. In the third quarter of 2026, profit was $15.3bn, up 6% on a year earlier 3. Revenue rose 9% in Consumer & Community Banking 3. It rose 14% in the Commercial & Investment Bank 3 and 14% in Asset & Wealth Management 3.
📝 The report card
JPMorgan earns top marks for profit, good marks for growth and steadiness, and a middling mark for its equity cushion. Cash generation is not graded ✓ for banks. Every company is graded on the same fixed scale, so an A means the same thing on every page. The strip shows where JPMorgan Chase (orange) and its 5 peers land; further right is better.
Growth
JPMorgan's revenue grew 12.3% ✓ a year over its last three fiscal years, which earns a B ✓. That ranked number 1 of the six banks ✓, well above the 6.0% ✓ peer median. FY2023 alone jumped 22.9% ✓.
Why this measure? (higher is better)
Growing revenue is the engine of a business. For a bank, revenue is what it earns after paying interest to savers and lenders; for an insurer, it is mostly premiums. Mature giants rarely grow fast, so 5% a year already earns a C.
Profitability
Over the last three years combined, JPMorgan earned 15.9% ✓ profit on its owners' money, just enough for an A ✓. That beat the 11.0% ✓ peer median. Citigroup earned only 5.8% ✓, which gets an F ✓.
Why this measure? (higher is better)
Banks and insurers work with other people's money, so profit margins on revenue say little. Return on equity shows how much profit they make on the owners' money; above 15% is excellent for a big bank or insurer.
Cash generation
Not graded for banks and insurers: their cash flow mostly moves customers' money (deposits, loans, premiums), so it says little about the business.
Cash generation is not graded ✓ for banks. A bank's cash flow mostly shows customers' money moving in and out. JPMorgan's operating cash flow swung from $107.1bn ✓ in FY2022 to -$147.8bn ✓ in FY2025, which says little about how the business did.
Balance sheet
Shareholders' equity was 8.2% ✓ of everything JPMorgan owned at the end of FY2025, which earns a C ✓. That is close to the 8.0% ✓ peer median. Regulators use a different test called CET1. JPMorgan's was an estimated 13.9% at 30 September 2026 3, above its 11.5% requirement 12.
Why this measure? (higher is better)
Owners' equity is the cushion that absorbs losses before customers' money is at risk. The thicker the cushion compared with everything the company owns, the safer it is.
Steadiness
The standard deviation of JPMorgan's yearly growth rate is 6.4% ✓, counted in percentage points, which earns a B ✓. Bank of America, at 3.8% ✓, earns an A ✓. JPMorgan's big jump of 22.9% ✓ in FY2023 adds to its swing.
Why this measure? (lower is better)
Steady growers are easier to plan around. Big swings mean revenue depends on interest rates, markets or one-off events.
🧑🏫 How the grades work
- Same scale for everyone. Each measure has fixed cut-offs (shown under each strip). Clear the A line and you get an A, whatever your peers do.
- Three years together. Profitability and cash generation add up the last three fiscal years before dividing, so one unusual year counts for less than it would on its own (a year much bigger than the others still weighs most).
- Banks and insurers are graded differently. They lend or invest customers' money, so profitability uses return on equity, the balance sheet uses the owners' share of total assets, and cash generation is not graded. They are compared only with other banks and insurers.
- Peers for context. The rank shows how JPMorgan Chase compares with the group. Companies within 0.1 percentage point share a rank.
- Same source. Every company's figures come from its own latest annual report (10-K), so fiscal years end in different months.
- Judgement, openly stated. The cut-offs are QuantVantage.ai's view of what good looks like for a large, established company. They are not a forecast or a recommendation.
11 years at a glance
Where the cash goes
JPMorgan hands much of its profit back to shareholders. From FY2015 to FY2025 it spent $294.2bn ✓ on dividends and buybacks. In FY2025 alone it paid out $48.2bn ✓, or 84.5% ✓ of profit. In the third quarter of 2026 it made only $664m of net buybacks 3. Jamie Dimon said it cut buybacks to keep capital for investing in the business and serving clients 3.
🧮Ratios 101: what are JPMorgan Chase's key financial ratios?
Ratios shrink JPMorgan's giant numbers into easy comparisons. For a bank, profit on the owners' money and on total assets matter most. A ratio divides one number by another so companies of any size can be compared. Each card shows the formula with JPMorgan Chase's real FY2025 numbers, the peer median and the trend.
💰 Profitability: how much of each dollar of revenue is kept?
Net margin
The bottom line: profit after interest and taxes, per dollar of revenue.
👉 JPMorgan keeps 31.3% ✓ of revenue as final profit, up from 26.1% ✓ in FY2015 and above the 25.5% ✓ peer median.
📏 Rule of thumb: Above 15% is strong; one-off tax items can move it in a single year.
Return on equity (ROE)
Profit earned for each dollar that shareholders have left in the company.
👉 ROE of 15.7% ✓ tops the 11.8% ✓ peer median and is well up from 9.9% ✓ in FY2015.
📏 Rule of thumb: Around 15% or more is good, but buybacks shrink equity and can make ROE look huge.
⚙️ Efficiency: how hard do the assets work?
Return on assets (ROA)
Profit earned from everything the company owns, however it was paid for.
👉 Banks earn thin profits on huge balance sheets. JPMorgan made 1.3% ✓ on $4,424.9bn ✓ of assets, above the 0.9% ✓ peer median and 1.0% ✓ in FY2015.
📏 Rule of thumb: For big banks, about 1% on assets is usual and above 1.2% is strong; insurers are not judged on that scale.
💵 Cash and owners: where does the money end up?
Stock pay
Pay given to staff in shares instead of cash. It is a real cost to owners because it adds shares.
👉 Stock pay is 2.0% ✓ of revenue, below the 3.1% ✓ peer median and close to 2.1% ✓ in FY2015.
📏 Rule of thumb: Banks and insurers pay part of their staff in shares, so a few percent of revenue is normal.
Shareholder payout
How much of the year's profit was handed back to owners.
👉 JPMorgan returned 84.5% ✓ of FY2025 profit, up from 55.2% ✓ in FY2015 but below the 102.7% ✓ peer median.
📏 Rule of thumb: Above 100% means it returned more than it earned, using cash savings or debt.
Ratios use fiscal-year-end balance sheet values. Inputs are shown rounded, so dividing them can differ from the result in the last digit. A peer median leaves out peers that do not report the inputs, or where the ratio means nothing (for example, negative shareholders' equity). Rules of thumb are general guides from QuantVantage.ai, not hard limits. No share-price ratios (like price-to-earnings) are shown on this page.
🥊Who are JPMorgan Chase's competitors?
JPMorgan competes with every big US bank, but on different fronts. Bank of America, Wells Fargo and Citigroup run large US banks 17. Goldman Sachs meets it in investment banking 2728, and Morgan Stanley in investment banking, trading and wealth 2930.
| Company | Where they compete | Revenue | Growth/yr (3y) | Pretax margin | Return on equity (3y) |
|---|---|---|---|---|---|
| JPMorgan Chase (JPM, FY2025) | Consumer banking, cards, business lending, payments, investment banking, trading and wealth 2 2 2 | $182.4bn | 12.3% | 39.8% | 15.9% |
| Bank of America (BAC, FY2025) | US credit cards, corporate cash management, investment banking and trading 13141516; it claims first place in US consumer deposits, while JPMorgan claims first in retail deposits 17318 | $113.1bn | 6.0% | 33.3% | 9.4% |
| Wells Fargo (WFC, FY2025) | Consumer banking, business lending, investment banking and wealth management 1920 | $83.7bn | 4.0% | 30.1% | 11.0% |
| Citigroup (C, FY2025) | Global payments and treasury services, markets, investment banking and US credit cards 212223242526 | $85.2bn | 4.2% | 23.3% | 5.8% |
| Goldman Sachs (GS, FY2025) | Investment banking 2728; Chase agreed to take over the Apple Card from Goldman 2728 | $58.3bn | 7.2% | 37.5% | 11.0% |
| Morgan Stanley (MS, FY2025) | Investment banking, trading and wealth 2930, with $10.5tn of client assets across wealth and investment management at the end of the third quarter of 2026 3120 | $70.6bn | 9.6% | 31.1% | 12.5% |
JPMorgan's annual report also names brokerages, fund managers, card companies, fintech and internet firms as rivals, and says internet-only firms and non-financial companies keep entering finance 43. In payments between people, JPMorgan is one of the big banks that own the company running Zelle 33.
🧭JPMorgan Chase SWOT: strengths, weaknesses, opportunities and threats
💪 Strengths
- Its main bank is the largest US commercial bank, with $4,091bn of assets at 30 June 2026, against $2,655bn at Bank of America 17.
- It held $2.78tn of deposits at 30 September 2026, and its loans equalled 57% of them 4.
- It earned 15.9% ✓ on its owners' money over the last three years combined, an A ✓ on our report card.
- In the third quarter of 2026, its expense was 54% of its revenue, a lower ratio than Citigroup, Wells Fargo and Bank of America reported 3183536.
🩹 Weaknesses
- Costs are rising fast: in the third quarter of 2026, expenses were 12% higher than a year earlier, mainly on higher pay 3.
- Corporate results swing, such as $658m of net losses on investment securities in the third quarter of 2026 3.
- Jamie Dimon has led the firm as CEO since December 2005 40. In June 2026 the board named two Co-Presidents as part of its succession planning 41.
- At the end of fiscal 2025 it remained under a March 2024 OCC consent order about checks on its trade surveillance data 37.
🚀 Opportunities
- Chase will become the issuer of Apple Card, bringing over $20bn of card balances 34. Closing is expected about 24 months after December 2025, subject to approvals 3934.
- Asset & Wealth Management drew $263bn of client asset net inflows in the third quarter of 2026 3.
- It keeps opening branches, reaching 5,164 at 30 September 2026, up from 5,018 a year earlier 4.
⚠️ Threats
- A deep recession would raise loan losses. In its own 2026 stress test, JPMorgan projected $70.2bn of loan losses over nine quarters 42.
- Lower interest rates cut Corporate's net interest income by $737m in the third quarter of 2026 3.
- Under current rules, its extra capital charge as one of the biggest banks rises to 5.5% in 2028 39.
- Internet-only firms and non-financial companies keep moving into finance 43.
- Lawsuits over card fees and cash sweep accounts are still running 44 44.
🏰Does JPMorgan Chase have a moat?
Why 4?
JPMorgan serves customers under two brands, Chase and J.P. Morgan 3. It says it ranked first in US retail deposits for the sixth year in a row 3. Industry league tables ranked it first in global investment banking fees in 2025 5. Card annual fees grew more than 30% in the second quarter of 2026, which it linked to demand for premium cards 32.
Why 4?
Its main bank had $4,091bn of assets at 30 June 2026, far ahead of Bank of America's $2,655bn 17. At that date it had 5,137 US branches, more than Wells Fargo, Bank of America or Citibank 17. In the third quarter of 2026 its costs were 54% of revenue, against 58.5% at Citigroup, 63% at Wells Fargo and 66% at Bank of America (62% excluding a settlement charge) 3183536.
Why 3?
Its acquisitions need regulators' approval 37. Deposit insurance covers savers up to $250,000 per depositor, per ownership category, at each insured bank 38. As one of the biggest banks, it must also hold an extra capital charge of 4.5% for 2026 539. A March 2026 proposal would change how much capital it must hold 39.
A moat is what keeps rivals from taking a company's customers and profits. Scores are QuantVantage.ai's judgement (5 = strongest), set with the same rubric on every explainer (orange is JPMorgan Chase; grey dots are peers).
🔭What should you watch next?
Card fee settlement hearing
A court will consider final approval of an amended class settlement over the fees merchants pay when shoppers use cards 44.
Higher capital charge for the biggest banks
Under current rules its extra capital charge would rise to 5.5%; the March 2026 re-proposal would set it at 5.2% 39.
Who follows Jamie Dimon
Two Co-Presidents were named in June 2026 as part of the board's succession planning 41.
📚Learn the words
❓Frequently asked questions about JPMorgan Chase
How does JPMorgan make money?
JPMorgan makes money in two main ways 3. It earns more interest on loans and bonds than it pays on deposits, which brought in $27.1bn of net interest income in the third quarter of 2026 3. Noninterest revenue, such as fees and trading, added $23.8bn 3.
What is a loan-loss provision?
It is money a bank sets aside for loans that may not be repaid. JPMorgan set aside $14.2bn ✓ in FY2025. In the third quarter of 2026 its credit costs were $2.7bn: $2.2bn of net charge-offs plus a $539m reserve build 3.
How does deposit insurance work at US banks?
The FDIC insures deposits up to $250,000 per depositor, per ownership category, at each insured bank 38. No depositor has lost FDIC-insured money since the FDIC began in 1933 38.
What is CET1?
CET1 is the bank's own money, mostly from shareholders, compared with how risky its loans and investments are. JPMorgan must hold 11.5% 12. Its estimated ratio was 13.9% at 30 September 2026 3.
Is JPMorgan the biggest bank in the US?
Its main bank was the largest US commercial bank by assets at 30 June 2026, with $4,091bn 17. The whole group had $5.09tn of assets at 30 September 2026 4.
Are Chase and JPMorgan the same company?
Yes. JPMorgan Chase serves its customers under two brands, Chase and J.P. Morgan 3.
Will my Apple Card become a Chase card?
Chase will replace Goldman Sachs as the issuer, and Mastercard stays the network 34. Closing is expected about 24 months after December 2025 3934. Cardholders can keep using the card as usual during the move, and Daily Cash continues 34.
🎮Play: higher or lower, then test yourself
Figures come from each company's latest annual report (10-K); fiscal years end in different months. Sources: [6] [7] [8] [9] [10] [11].
🧠 Test yourself
5 quick questions. Score: 0 / 5
1. Where does most of a bank's revenue come from?
2. What is a loan-loss provision?
3. Roughly how much profit did JPMorgan make each second in FY2025?
4. JPMorgan's oldest ancestor, the Manhattan Company of 1799, was set up to do what?
5. Which bank is taking over the Apple Card?
🔎Sources and method
Every figure comes from a source listed here or is calculated from those sources (marked ✓). Company financials are taken from SEC filings (10-K and 10-Q) as tagged in XBRL. Peer grades rank the same measures across the company and its peers. This page contains no share-price data and no valuation.
- JPMorgan Chase (JPM) Form 10-K for fiscal year 2025, filed 2026-02-13 — revenue by product, segment and geography (accessed 2026-10-28)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Note 32 business segment descriptions: CCB, CIB, AWM and Corporate (accessed 2026-10-30)
- JPMorgan Chase 8-K Exhibit 99.1: third-quarter 2026 earnings release (October 13, 2026) — Q3 2026 firm and segment results, capital ratios, distributions, CEO comments, company overview (accessed 2026-10-30)
- JPMorgan Chase 8-K Exhibit 99.2: third-quarter 2026 earnings release financial supplement — Balance sheet, deposits, loans-to-deposits, employees, branches, digital customers, card sales volume, client deposits, assets under custody (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — MD&A: 2025 highlights, Apple Card provision, investment banking league table, GSIB surcharge and capital minimums (accessed 2026-10-30)
- SEC EDGAR companyfacts: JPMorgan Chase (JPM) — annual 10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: BANK OF AMERICA CORP /DE/ (BAC) — annual 10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: WELLS FARGO & COMPANY/MN (WFC) — annual 10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: CITIGROUP INC (C) — annual 10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: GOLDMAN SACHS GROUP INC (GS) — annual 10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: MORGAN STANLEY (MS) — annual 10-K facts (accessed 2026-10-28)
- JPMorgan Chase 8-K Exhibit 99: press release of June 24, 2026 on dividend and repurchase program — Dividend increase, new repurchase program, stress capital buffer and CET1 requirement (accessed 2026-10-30)
- Bank of America Corporation Form 10-K for fiscal year ended December 31, 2025 (filed 2026-02-25) — MD&A Business Segment Operations: Consumer Banking, GWIM, Global Banking and Global Markets descriptions and 2025 results (accessed 2026-10-30)
- Federal Reserve statistical release: Large Commercial Banks, data as of June 30, 2026 — Ranking of U.S. commercial banks by consolidated assets, with domestic branch counts, June 30, 2026 (accessed 2026-10-30)
- Citigroup third-quarter 2026 earnings release, Form 8-K exhibit 99.1 (filed 2026-10-13) — Citigroup third-quarter 2026 efficiency ratio, loans and deposits (accessed 2026-10-30)
- Citigroup Inc. Form 10-K for fiscal year ended December 31, 2025 (filed 2026-02-20) — Citigroup's five business segments (accessed 2026-10-30)
- Federal Reserve statistical release: Large Commercial Banks (data as of June 30, 2026, released October 2, 2026) — Bank-level consolidated assets, ranks and domestic branch counts (accessed 2026-10-30)
- Bank of America 8-K Exhibit 99.1: third-quarter 2026 earnings release — Q3 2026 efficiency ratio; first place in US consumer deposits (accessed 2026-10-30)
- JPMorgan Chase third quarter 2026 earnings release (Form 8-K Exhibit 99.1) — Third quarter 2026 revenue, overhead ratio, loans, retail deposit rank (accessed 2026-10-30)
- Wells Fargo third quarter 2026 earnings release (Form 8-K Exhibit 99.1) — Third quarter 2026 results, segment descriptions and drivers (accessed 2026-10-30)
- Citigroup Form 10-K for fiscal year 2025 — Services segment: Treasury and Trade Solutions, Securities Services, international presence (accessed 2026-10-30)
- Citigroup Form 10-K for fiscal year 2025 — Markets segment: products, clients, trading floors and network (accessed 2026-10-30)
- Citigroup Form 10-K for fiscal year 2025 — Banking segment: Investment Banking and Corporate Lending (accessed 2026-10-30)
- Citigroup Form 10-K for fiscal year 2025 — U.S. Personal Banking segment and the co-branding and private label credit card risk factor (accessed 2026-10-30)
- Citigroup Form 10-K for fiscal year 2025 — Executive summary, selected financial data and balance sheet overview: efficiency ratio, assets, deposits, capital returns, capital ratios and buffers (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Business segment descriptions, selected financial data (total assets, deposits, overhead ratio) and GSIB surcharge (accessed 2026-10-30)
- Goldman Sachs Form 10-K for fiscal year 2025 — MD&A: 2025 segment results, efficiency ratio, assets under supervision, targets (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Investment banking fees 2025, overhead ratio, Apple Card transaction (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Commercial and Investment Bank businesses; investment banking fee rank; Asset and Wealth Management client assets (accessed 2026-10-30)
- Morgan Stanley fourth quarter and full year 2025 earnings release (Form 8-K, Exhibit 99.1, January 15, 2026) — Full year 2025 results and total client assets (accessed 2026-10-30)
- Morgan Stanley third quarter 2026 earnings release (Form 8-K Exhibit 99.1) — Third quarter 2026 revenues, expense efficiency ratio, wealth client assets (accessed 2026-10-30)
- JPMorgan Chase 8-K Exhibit 99.1: second-quarter 2026 earnings release (July 14, 2026) — Q2 2026 net income, record revenue by line of business, card annual fees, first-time wealth investors (accessed 2026-10-30)
- New York Attorney General press release (August 13, 2025): lawsuit against the company behind Zelle — Banks that own Early Warning Services, the operator of Zelle (accessed 2026-10-30)
- JPMorganChase press release: Chase to become new issuer of Apple Card (January 7, 2026) — Apple Card issuer change: balances, timing, network, cardholder impact, provision (accessed 2026-10-30)
- Wells Fargo 8-K Exhibit 99.1: third-quarter 2026 earnings release — Q3 2026 efficiency ratio (accessed 2026-10-30)
- Citigroup 8-K Exhibit 99.1: third-quarter 2026 earnings release — Q3 2026 efficiency ratio (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Item 1 supervision and regulation: supervisors, acquisition limits, consent order, interchange rules (accessed 2026-10-30)
- FDIC: Understanding Deposit Insurance — Standard deposit insurance amount and basis (accessed 2026-10-30)
- JPMorgan Chase Form 10-Q for the quarter ended June 30, 2026 — Recent events and capital: Apple Card forward purchase, Visa share exchange, co-presidents, March 2026 capital re-proposals, GSIB surcharge (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Item 10 executive officers and their tenures (accessed 2026-10-30)
- JPMorgan Chase 8-K Item 5.02 (June 24, 2026): Co-Presidents and business leadership — Co-President appointments, CCB leadership change, succession planning (accessed 2026-10-30)
- JPMorgan Chase 8-K Exhibit 99.1: 2026 company-run stress test results under the supervisory severely adverse scenario — Company-run stress test: starting and minimum CET1 ratio, projected loan losses (accessed 2026-10-30)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Item 1 overview: incorporation, assets, brands, principal subsidiaries, branches in 48 states and DC, fiscal year, competition (accessed 2026-10-30)
- JPMorgan Chase Form 10-Q for the quarter ended June 30, 2026 — Litigation: interchange settlement and cash sweep class actions (accessed 2026-10-30)
- JPMorganChase: Our history (company web page) — History: Manhattan Company 1799, Drexel and Morgan 1871, Panic of 1907, duel pistols 1930, Chase Manhattan 1955, octagon logo 1960, 2000 merger (accessed 2026-10-30)
- SEC EDGAR companyfacts: JPMorgan Chase (JPM) — quarterly 10-Q/10-K facts (accessed 2026-10-28)
- SEC EDGAR companyfacts: JPMorgan Chase (JPM) — balance sheet at 2026-06-30 (accessed 2026-10-28)
- JPMorgan Chase Form 10-K for fiscal year 2025 — Item 1 human capital: employees, countries and regions at December 31, 2025 (accessed 2026-10-30)
- JPMorgan Chase 8-K Item 5.02 (January 20, 2026): CEO compensation for 2025 — CEO 2025 pay; 2025 record revenue, net income, ROTCE; new headquarters opened (accessed 2026-10-30)
- JPMorganChase investor relations: conference calls to review 2026 quarterly earnings — Fourth-quarter 2026 results call date and time (accessed 2026-10-30)
- JPMorgan Chase 8-K Exhibit 99.1: third-quarter 2026 earnings presentation — Outlook: 2026 net interest income, adjusted expense, card charge-off rate; preliminary 2027 net interest income (accessed 2026-10-30)
- Federal Reserve press release (September 30, 2026): stress test rules finalized — Stress test transparency and averaging of stress capital buffer from 2028 (accessed 2026-10-30)