EARNINGS RELEASE FINANCIAL SUPPLEMENT THIRD QUARTER 2026

JPMORGAN CHASE & CO.

TABLE OF CONTENTS

Page(s)

Consolidated Results

Consolidated Financial Highlights

2–3

Consolidated Statements of Income

Consolidated Balance Sheets

Condensed Average Balance Sheets and Annualized Yields

Reconciliation from Reported to Managed Basis

Segment & Corporate Results - Managed Basis

Capital and Other Selected Balance Sheet Items

9–10

Earnings Per Share and Related Information

Business Segment & Corporate Results

Consumer & Community Banking (“CCB”)

12–15

Commercial & Investment Bank (“CIB”)

16–19

Asset & Wealth Management (“AWM”)

20–22

Corporate

Credit-Related Information

24-27

Non-GAAP Financial Measures

Glossary of Terms and Acronyms (a)

(a) Refer to the Glossary of Terms and Acronyms on pages 320–327 of JPMorgan Chase & Co.’s (the “Firm’s”) Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”) and the Glossary of Terms and Acronyms and Line of Business Metrics on pages 192-198 and pages 199-200, respectively, of the Firm’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026.

JPMORGAN CHASE & CO.
CONSOLIDATED FINANCIAL HIGHLIGHTS
(in millions, except per share and ratio data)
	QUARTERLY TRENDS																																	NINE MONTHS ENDED SEPTEMBER 30,
																							3Q26 Change																			2026 Change
SELECTED INCOME STATEMENT DATA	3Q26					2Q26					1Q26					4Q25			3Q25				2Q26			3Q25								2026					2025			2025
Reported Basis
Total net revenue	$	50,172			$	57,347	(f)		$	49,836			$	45,798			$	46,427		(13)		%		8	%				$	157,355	(f)			$	136,649			15		%
Total noninterest expense	27,295				27,316				26,850				23,983				24,281			—			12				81,461					71,657					14
Pre-provision profit (a)	22,877				30,031				22,986				21,815				22,146			(24)			3				75,894					64,992					17
Provision for credit losses	2,743				2,515				2,507				4,655		(g)		3,403			9			(19)				7,765					9,557					(19)
NET INCOME	15,305				21,155				16,494				13,025				14,393			(28)			6				52,954					44,023					20
Managed Basis (b)
Total net revenue	50,907				58,022		(f)		50,536				46,767				47,120			(12)			8				159,465		(f)			138,814					15
Total noninterest expense	27,295				27,316				26,850				23,983				24,281			—			12				81,461					71,657					14
Pre-provision profit (a)	23,612				30,706				23,686				22,784				22,839			(23)			3				78,004					67,157					16
Provision for credit losses	2,743				2,515				2,507				4,655		(g)		3,403			9			(19)				7,765					9,557					(19)
NET INCOME	15,305				21,155				16,494				13,025				14,393			(28)			6				52,954					44,023					20
EARNINGS PER SHARE DATA
Net income: Basic	$	5.58			$	7.71			$	5.95			$	4.64			$	5.08		(28)			10				$	19.24				$	15.41				25
Diluted	5.57				7.70				5.94				4.63				5.07			(28)			10				19.20					15.38					25
Average shares: Basic	2,678.6				2,689.9				2,716.2				2,735.3				2,762.4			—			(3)				2,694.9					2,790.2					(3)
Diluted	2,683.0				2,694.2				2,720.2				2,740.5				2,767.6			—			(3)				2,699.1					2,795.2					(3)
MARKET AND PER COMMON SHARE DATA
Market capitalization	$	878,555			$	870,104			$	788,205			$	868,793			$	858,683		1			2				$	878,555				$	858,683				2
Common shares at period-end	2,655.6				2,658.2				2,679.5				2,696.2				2,722.2			—			(2)				2,655.6					2,722.2					(2)
Book value per share	$	132.30			$	133.01			$	128.38			$	126.99			$	124.96		(1)			6				$	132.30				$	124.96				6
Tangible book value per share (“TBVPS”) (a)	112.64				113.35				108.87				107.56				105.70			(1)			7				112.64					105.70					7
Cash dividends declared per share	1.65				1.50				1.50				1.50				1.50			10			10				4.65					4.30					8
FINANCIAL RATIOS (c)
Return on common equity (“ROE”)	17		%			24		%			19	%				15	%		17		%													20		%			17		%
Return on tangible common equity (“ROTCE”) (a)	20				29				23				18				20												24					21
Return on assets	1.21				1.70				1.41				1.14				1.26												1.44					1.34
CAPITAL RATIOS
Common equity Tier 1 (“CET1”) capital ratio - Standardized (d)	13.9		%	(e)		14.2		%			14.3	%				14.6	%		14.8		%													13.9		%	(e)		14.8		%
Tier 1 capital ratio - Standardized (d)	14.8		(e)		15.1				15.2				15.5				15.8												14.8		(e)			15.8
Total capital ratio - Standardized (d)	16.8		(e)		17.0				17.2				17.4				17.7												16.8		(e)			17.7
Tier 1 leverage ratio	6.5		(e)		6.6				6.6				6.9				6.9												6.5		(e)			6.9
Supplementary leverage ratio (“SLR”)	5.5		(e)		5.5				5.6				5.8				5.8												5.5		(e)			5.8

On January 7, 2026, JPMorganChase announced that Chase will become the new issuer of Apple Card. The Firm entered into a forward purchase commitment on December 30, 2025 to acquire the Apple credit card portfolio (the “Apple Card transaction”), with an expected closing date approximately 24 months thereafter. Refer to Notes 4, 13, 27 and 28 of the Firm’s 2025 Form 10-K for additional information.

(a)Pre-provision profit, TBVPS and ROTCE are each non-GAAP financial measures. Tangible common equity (“TCE”) is also a non-GAAP financial measure; refer to page 10 for a reconciliation of common stockholders’ equity to TCE. Refer to page 28 for a further discussion of these measures.

(b)Refer to Reconciliation from Reported to Managed Basis on page 7 for a further discussion of managed basis.

(c)Ratios are based upon annualized amounts.

(d)At each of September 30, 2026 and June 30, 2026, the Advanced total capital ratio was more binding on the Firm than the Standardized total capital ratio. At each of March 31, 2026 and December 31, 2025, the Advanced risk-based ratios were more binding on the Firm than the Standardized risk-based ratios. Refer to page 9 for further information on the Firm’s capital metrics.

(e)Estimated.

(f)Included a $4.6 billion net gain in Corporate related to Visa Class C common stock held at fair value and received by the Firm in an exchange offer following the acceptance by Visa Inc. on May 11, 2026 of the Firm’s tender of its 18.6 million shares of Visa Class B-2 common stock. Also included $1.0 billion of gains, which represented a measurement alternative markup on an equity investment and initial gains on transition from measurement alternative to recurring fair value on certain other equity investments, in Corporate and CIB. Refer to page 5 and Note 2 of JPMorganChase’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 for additional information.

(g)Included $2.2 billion associated with the Apple Card transaction. Refer to Note 13 of the Firm’s 2025 Form 10-K for additional information.

JPMORGAN CHASE & CO.
CONSOLIDATED FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratios, employee data and where otherwise noted)
	QUARTERLY TRENDS																													NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26				4Q25			3Q25				2Q26			3Q25							2026					2025			2025
SELECTED BALANCE SHEET DATA (period-end)
Total assets	$	5,091,545		$	5,015,069		$	4,900,475			$	4,424,900		$	4,560,205		2		%		12	%				$	5,091,545			$	4,560,205			12		%
Loans:
Consumer, excluding credit card loans	393,102			391,743			391,660				402,258			393,084			—			—				393,102				393,084					—
Credit card loans	252,697			249,876			239,123				247,797			235,475			1			7				252,697				235,475					7
Wholesale loans	938,842			900,843			872,737				843,374			806,687			4			16				938,842				806,687					16
Total loans	1,584,641			1,542,462			1,503,520				1,493,429			1,435,246			3			10				1,584,641				1,435,246					10
Deposits:
U.S. offices:
Noninterest-bearing	636,070			625,874			595,424				583,342			589,105			2			8				636,070				589,105					8
Interest-bearing	1,535,474			1,500,791			1,508,682				1,452,729			1,433,404			2			7				1,535,474				1,433,404					7
Non-U.S. offices:
Noninterest-bearing	39,945			42,044			43,775				37,057			34,255			(5)			17				39,945				34,255					17
Interest-bearing	569,304			544,991			527,639				486,192			491,712			4			16				569,304				491,712					16
Total deposits	2,780,793			2,713,700			2,675,520				2,559,320			2,548,476			2			9				2,780,793				2,548,476					9
Long-term debt	460,160			460,523			448,764				435,206			427,203			—			8				460,160				427,203					8
Common stockholders’ equity	351,328			353,558			343,993				342,393			340,167			(1)			3				351,328				340,167					3
Total stockholders’ equity	372,368			374,598			364,038				362,438			360,212			(1)			3				372,368				360,212					3
Loans-to-deposits ratio	57		%		57	%			56	%			58	%		56		%												57		%			56		%
Employees	322,964			320,560			320,079				318,512			318,153			1			2				322,964				318,153					2
95% CONFIDENCE LEVEL - TOTAL VaR
Average VaR	$	48		$	49		$	37			$	35		$	33		(2)			45
Earnings-at-Risk (in billions) (a)
Parallel shift:
+100 bps shift in rates	$	1.4	(c)	$	1.8		$	1.9			$	2.1		$	1.8		(20)			(22)
-100 bps shift in rates	(2.2)		(c)	(2.4)			(2.2)				(2.4)			(2.2)			10			—
LINE OF BUSINESS (“LOB”) & CORPORATE NET REVENUE (b)
Consumer & Community Banking	$	21,171		$	20,272		$	19,568			$	19,396		$	19,473		4			9				$	61,011			$	56,633				8
Commercial & Investment Bank	22,734			24,853			23,379				19,375			19,878			(9)			14				70,966				59,079					20
Asset & Wealth Management	6,909			6,851			6,374				6,516			6,066			1			14				20,134				17,557					15
Corporate	93			6,046			1,215				1,480			1,703			(98)			(95)				7,354				5,545					33
TOTAL NET REVENUE	$	50,907		$	58,022		$	50,536			$	46,767		$	47,120		(12)			8				$	159,465			$	138,814				15
LOB & CORPORATE NET INCOME/(LOSS)
Consumer & Community Banking	$	5,670		$	5,311		$	4,976			$	3,642		$	5,009		7			13				$	15,957			$	14,603				9
Commercial & Investment Bank	8,247			9,678			9,044				7,268			6,901			(15)			20				26,969				20,493					32
Asset & Wealth Management	1,843			1,957			1,775				1,808			1,658			(6)			11				5,575				4,714					18
Corporate	(455)			4,209			699				307			825			NM				NM					4,453				4,213				6
NET INCOME	$	15,305		$	21,155		$	16,494			$	13,025		$	14,393		(28)			6				$	52,954			$	44,023				20

(a)Earnings-at-risk estimates the Firm’s interest rate exposure for a given interest rate scenario. The Firm’s actual net interest income results may differ compared to the instantaneous rate changes modelled in the earnings-at-risk estimates. Refer to pages 140-141 of the Firm’s 2025 Form 10-K for additional information.

(b)Refer to Reconciliation from Reported to Managed Basis on page 7 for a further discussion of managed basis.

(c)Estimated.

JPMORGAN CHASE & CO.
CONSOLIDATED STATEMENTS OF INCOME
(in millions, except per share and ratio data)
	QUARTERLY TRENDS																															NINE MONTHS ENDED SEPTEMBER 30,
																						3Q26 Change																			2026 Change
REVENUE	3Q26				2Q26					1Q26					4Q25			3Q25				2Q26			3Q25							2026						2025			2025
Investment banking fees	$	2,960		$	3,208			$	2,858			$	2,326			$	2,612		(8)		%		13	%				$	9,026			$	7,289				24		%
Principal transactions	6,516			9,007				7,987				5,340				7,109			(28)			(8)				23,510				21,872					7
Lending- and deposit-related fees	2,579			2,511				2,394				2,364				2,349			3			10				7,484				6,729					11
Asset management fees	5,897			5,658				5,515				5,701				5,120			4			15				17,070				14,626					17
Commissions and other fees	2,584			2,614				2,482				2,108				2,204			(1)			17				7,680				6,431					19
Investment securities gains/(losses)	(658)			(395)				64				(71)				105			(67)			NM					(989)				14					NM
Mortgage fees and related income	274			336				309				357				383			(18)			(28)				919				1,024					(10)
Card income	1,428			1,348				1,190				1,020				1,140			6			25				3,966				3,700					7
Other income	1,556			7,549		(d)		1,671				1,658				1,439			(79)			8				10,776		(d)		4,516					139
Noninterest revenue	23,136			31,836				24,470				20,803				22,461			(27)			3				79,442				66,201					20
Interest income	53,056			50,624				49,191				48,808				49,439			5			7				152,871				144,533					6
Interest expense	26,020			25,113				23,825				23,813				25,473			4			2				74,958				74,085					1
Net interest income	27,036			25,511				25,366				24,995				23,966			6			13				77,913				70,448					11
TOTAL NET REVENUE	50,172			57,347				49,836				45,798				46,427			(13)			8				157,355				136,649					15
Provision for credit losses	2,743			2,515				2,507				4,655		(e)		3,403			9			(19)				7,765				9,557					(19)
NONINTEREST EXPENSE
Compensation expense	14,772			15,159				15,339				13,118				13,566			(3)			9				45,270				41,369					9
Occupancy expense	1,525			1,482				1,447				1,475				1,420			3			7				4,454				3,986					12
Technology, communications and equipment expense	3,335			3,107				3,021				2,908				2,839			7			17				9,463				8,121					17
Professional and outside services	3,897			3,855				3,483				3,338				3,173			1			23				11,235				9,018					25
Marketing	1,917			1,670				1,604				1,468				1,480			15			30				5,191				4,063					28
Other expense (a)	1,849			2,043				1,956				1,676		(f)		1,803			(9)			3				5,848				5,100					15
TOTAL NONINTEREST EXPENSE	27,295			27,316				26,850				23,983				24,281			—			12				81,461				71,657					14
Income before income tax expense	20,134			27,516				20,479				17,160				18,743			(27)			7				68,129				55,435					23
Income tax expense	4,829			6,361				3,985				4,135				4,350			(24)			11				15,175				11,412		(g)			33
NET INCOME	$	15,305		$	21,155			$	16,494			$	13,025			$	14,393		(28)			6				$	52,954			$	44,023				20
NET INCOME PER COMMON SHARE DATA
Basic earnings per share	$	5.58		$	7.71			$	5.95			$	4.64			$	5.08		(28)			10				$	19.24			$	15.41				25
Diluted earnings per share	5.57			7.70				5.94				4.63				5.07			(28)			10				19.20				15.38					25
FINANCIAL RATIOS
Return on common equity (b)	17		%		24		%			19	%				15	%		17		%												20		%				17		%
Return on tangible common equity (b)(c)	20			29				23				18				20												24				21
Return on assets (b)	1.21			1.70				1.41				1.14				1.26												1.44				1.34
Effective income tax rate	24.0			23.1				19.5				24.1				23.2												22.3				20.6		(g)
Overhead ratio	54			48				54				52				52												52				52

(a)Included Firmwide legal expense of $63 million, $116 million, $223 million, $60 million and $62 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $402 million and $301 million for the nine months ended September 30, 2026 and 2025, respectively.

(b)Ratios are based upon annualized amounts.

(c)Refer to page 28 for a further discussion of ROTCE.

(d)Included a $4.6 billion net gain related to Visa Class C common stock in Corporate and $1.0 billion of gains on certain equity investments, consisting of $763 million in Corporate and $263 million in CIB. Refer to footnote (f) on page 2 for further information.

(e)Refer to footnote (g) on page 2 for additional information.

(f)Included an FDIC special assessment accrual release of $326 million for the three months ended December 31, 2025. Refer to Note 6 on page 221 of the Firm’s 2025 Form 10-K for additional information.

(g)Included a $774 million income tax benefit in Corporate driven by the resolution of certain tax audits and the impact of tax regulations related to foreign currency translation gains and losses finalized in 2024 and effective for 2025.

JPMORGAN CHASE & CO.
CONSOLIDATED BALANCE SHEETS
(in millions)
																	Sep 30, 2026
																	Change
	Sep 30,			Jun 30,			Mar 31,			Dec 31,				Sep 30,			Jun 30,			Sep 30,
	2026			2026			2026			2025				2025			2026			2025
ASSETS
Cash and due from banks	$	21,259	$	24,720	$	22,039		$	21,742		$	21,821			(14)	%		(3)	%
Deposits with banks	305,012		285,091		290,103			321,596			281,615				7		8
Federal funds sold and securities purchased under
resale agreements	461,851		446,143		482,704			336,426			425,815				4		8
Securities borrowed	329,862		362,487		284,524			286,191			248,368				(9)		33
Trading assets:
Debt and equity instruments	1,014,541		994,305		997,751			745,096			892,928				2		14
Derivative receivables	78,811		67,767		71,584			57,777			59,849				16		32
Available-for-sale (“AFS”) securities	547,191		536,048		549,037			507,198			490,499		(a)		2		12
Held-to-maturity (”HTM”) securities	274,564		268,474		272,142			270,134			293,446		(a)		2		(6)
Investment securities, net of allowance for credit losses	821,755		804,522		821,179			777,332			783,945				2		5
Loans	1,584,641		1,542,462		1,503,520			1,493,429			1,435,246				3		10
Less: Allowance for loan losses	26,272		26,152		25,928			25,765			25,735				—		2
Loans, net of allowance for loan losses	1,558,369		1,516,310		1,477,592			1,467,664			1,409,511				3		11
Accrued interest and accounts receivable	164,997		179,939		142,334			111,599			141,876				(8)		16
Premises and equipment	38,678		37,701		36,771			36,244			35,063				3		10
Goodwill, MSRs and other intangible assets	64,870		64,304		64,289			64,458			64,442				1		1
Other assets	231,540		231,780		209,605			198,775			194,972				—		19
TOTAL ASSETS	$	5,091,545	$	5,015,069	$	4,900,475		$	4,424,900		$	4,560,205			2		12
LIABILITIES
Deposits	$	2,780,793	$	2,713,700	$	2,675,520		$	2,559,320		$	2,548,476			2		9
Federal funds purchased and securities loaned or sold
under repurchase agreements	703,392		704,918		716,623			442,396			567,574				—		24
Short-term borrowings	71,339		72,430		68,048			64,776			69,355				(2)		3
Trading liabilities:
Debt and equity instruments	234,775		208,648		196,546			169,690			195,859				13		20
Derivative payables	63,136		66,488		51,290			46,329			46,403				(5)		36
Accounts payable and other liabilities	377,354		384,290		352,561			316,794			316,896				(2)		19
Beneficial interests issued by consolidated VIEs	28,228		29,474		27,085			27,951			28,227				(4)		—
Long-term debt	460,160		460,523		448,764			435,206			427,203				—		8
TOTAL LIABILITIES	4,719,177		4,640,471		4,536,437			4,062,462			4,199,993				2		12
STOCKHOLDERS’ EQUITY
Preferred stock	21,040		21,040		20,045			20,045			20,045				—		5
Common stock	4,105		4,105		4,105			4,105			4,105				—		—
Additional paid-in capital	90,893		90,559		90,087			91,114			90,865				—		—
Retained earnings	455,587		445,020		428,206			416,055			407,401				2		12
Accumulated other comprehensive loss (“AOCI”)	(19,820)		(7,693)		(6,689)			(4,290)			(5,878)				(158)		(237)
Treasury stock, at cost	(179,437)		(178,433)		(171,716)			(164,591)			(156,326)				(1)		(15)
TOTAL STOCKHOLDERS’ EQUITY	372,368		374,598		364,038			362,438			360,212				(1)		3
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	5,091,545	$	5,015,069	$	4,900,475		$	4,424,900		$	4,560,205			2		12

(a) During the third quarter of 2025, the Firm transferred $44.1 billion of investment securities from AFS to HTM for asset-liability management purposes.

JPMORGAN CHASE & CO.
CONDENSED AVERAGE BALANCE SHEETS AND ANNUALIZED YIELDS
(in millions, except rates)
	QUARTERLY TRENDS																														NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																		2026 Change
AVERAGE BALANCES	3Q26				2Q26				1Q26				4Q25				3Q25			2Q26			3Q25								2026					2025		2025
ASSETS
Deposits with banks	$	339,312		$	336,127		$	312,890		$	335,623			$	360,156			1	%		(6)	%				$	329,540				$	403,490			(18)		%
Federal funds sold and securities purchased under resale agreements	437,477			459,513			437,916			330,694				424,346				(5)		3				444,968					411,857					8
Securities borrowed	329,704			313,154			286,689			261,877				234,112				5		41				310,006					236,355					31
Trading assets - debt instruments	703,683			706,817			682,348			620,465				580,985				—		21				697,694					546,679					28
Investment securities	830,015			807,893			802,265			788,922				768,599				3		8				813,492					720,785					13
Loans	1,559,085			1,521,295			1,486,145			1,461,079				1,417,466				2		10				1,522,443					1,379,480					10
All other interest-earning assets (a)	136,940			143,155			127,484			125,164				110,100				(4)		24				135,894					105,564					29
Total interest-earning assets	4,336,216			4,287,954			4,135,737			3,923,824				3,895,764				1		11				4,254,037					3,804,210					12
Trading assets - equity and other instruments	277,567			287,124			241,307			241,351				264,681				(3)		5				268,799					243,526					10
Trading assets - derivative receivables	71,880			74,352			68,328			57,543				61,842				(3)		16				71,533					59,524					20
All other noninterest-earning assets	335,710			327,658			313,365			306,700				297,658				2		13				325,659					291,408					12
TOTAL ASSETS	$	5,021,373		$	4,977,088		$	4,758,737		$	4,529,418			$	4,519,945			1		11				$	4,920,028				$	4,398,668				12
LIABILITIES
Interest-bearing deposits	$	2,078,869		$	2,047,761		$	1,991,590		$	1,949,049			$	1,913,958			2		9				$	2,039,726				$	1,886,654				8
Federal funds purchased and securities loaned or
sold under repurchase agreements	682,884			725,804			657,816			517,849				567,920				(6)		20				688,926					530,765					30
Short-term borrowings	58,618			54,013			55,469			56,265				53,755				9		9				56,045					52,717					6
Trading liabilities - debt and all other interest-bearing liabilities (b)	353,966			349,693			324,559			306,567				314,591				1		13				342,848					301,051					14
Beneficial interests issued by consolidated VIEs	29,044			28,065			27,519			27,327				28,884				3		1				28,215					26,959					5
Long-term debt	380,063			372,504			367,478			359,910				350,368				2		8				373,394					347,915					7
Total interest-bearing liabilities	3,583,444			3,577,840			3,424,431			3,216,967				3,229,476				—		11				3,529,154					3,146,061					12
Noninterest-bearing deposits	655,098			637,817			611,294			615,559				610,601				3		7				634,897					600,350					6
Trading liabilities - equity and other instruments	76,318			67,958			57,021			52,059				48,628				12		57				67,169					43,526					54
Trading liabilities - derivative payables	62,568			64,622			55,309			47,591				47,926				(3)		31				60,859					43,318					40
All other noninterest-bearing liabilities	271,545			264,509			249,587			236,876				226,934				3		20				261,962					215,175					22
TOTAL LIABILITIES	4,648,973			4,612,746			4,397,642			4,169,052				4,163,565				1		12				4,554,041					4,048,430					12
Preferred stock	21,040			21,196			20,045			20,045				20,045				(1)		5				20,764					20,035					4
Common stockholders’ equity	351,360			343,146			341,050			340,321				336,335				2		4				345,223					330,203					5
TOTAL STOCKHOLDERS’ EQUITY	372,400			364,342			361,095			360,366				356,380				2		4				365,987					350,238					4
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	5,021,373		$	4,977,088		$	4,758,737		$	4,529,418			$	4,519,945			1		11				$	4,920,028				$	4,398,668				12
AVERAGE RATES (c)
INTEREST-EARNING ASSETS
Deposits with banks	2.91		%	2.81		%	3.00		%	3.10		%		3.25		%										2.90		%			3.47		%
Federal funds sold and securities purchased under resale agreements	3.79			3.68			3.88			4.06				4.24												3.78					4.33
Securities borrowed	3.34			3.30			3.35			3.55				3.67												3.33					3.78
Trading assets - debt instruments	4.42			4.23			4.30			4.33				4.30												4.32					4.44
Investment securities	3.79			3.74			3.69			3.74				3.86												3.74					3.85
Loans	6.59			6.48			6.57			6.63				6.74												6.55					6.75
All other interest-earning assets (a)(d)	5.94			5.64			5.79			6.24				7.43												5.79					7.31
Total interest-earning assets	4.86			4.75			4.83			4.95				5.05												4.82					5.09
INTEREST-BEARING LIABILITIES
Interest-bearing deposits	2.18			2.11			2.09			2.24				2.41												2.13					2.42
Federal funds purchased and securities loaned or
sold under repurchase agreements	3.80			3.69			3.79			3.99				4.22												3.76					4.33
Short-term borrowings	4.00			3.84			3.85			4.01				4.35												3.90					4.39
Trading liabilities - debt and all other interest-bearing liabilities (b)	2.85			2.77			2.83			2.95				2.92												2.82					2.97
Beneficial interests issued by consolidated VIEs	3.92			3.93			3.92			4.23				4.58												3.92					4.59
Long-term debt	4.86			4.81			4.79			4.92				5.16												4.82					5.16
Total interest-bearing liabilities	2.88			2.82			2.82			2.94				3.13												2.84					3.15
INTEREST RATE SPREAD	1.98			1.93			2.01			2.01				1.92												1.98					1.94
NET YIELD ON INTEREST-EARNING ASSETS	2.48			2.40			2.50			2.54				2.45												2.46					2.49
Memo: Net yield on interest-earning assets excluding Markets (e)	3.70			3.65			3.72			3.76				3.73												3.69					3.74

(a) Includes brokerage-related held-for-investment customer receivables, which are classified in accrued interest and accounts receivable, and all other interest-earning assets, which are classified in other assets, on the Consolidated Balance Sheets.

(b) All other interest-bearing liabilities include brokerage-related customer payables.

(c) Includes the effect of derivatives that qualify for hedge accounting. Taxable-equivalent amounts are used where applicable. Refer to Note 5 of the Firm’s 2025 Form 10-K for additional information on hedge accounting.

(d) The rates reflect the impact of interest earned on cash collateral where the cash collateral has been netted against certain derivative payables.

(e) Net yield on interest-earning assets excluding Markets is a non-GAAP financial measure. Refer to page 28 for a further discussion of this measure.

JPMORGAN CHASE & CO.

RECONCILIATION FROM REPORTED TO MANAGED BASIS

(in millions, except ratios)

The Firm prepares its Consolidated Financial Statements using accounting principles generally accepted in the U.S. (“U.S. GAAP”). That presentation, which is referred to as “reported” basis, provides the reader with an understanding of the Firm’s results that can be tracked consistently from year-to-year and enables a comparison of the Firm’s performance with other companies’ U.S. GAAP financial statements. In addition to analyzing the Firm’s results on a reported basis, management reviews Firmwide results, including the overhead ratio, on a “managed” basis; these Firmwide managed basis results are non-GAAP financial measures. The Firm also reviews the results of the LOBs on a managed basis. Refer to the notes on Non-GAAP Financial Measures on page 28 for additional information on managed basis.

The following summary table provides a reconciliation from reported U.S. GAAP results to managed basis.

	QUARTERLY TRENDS																											NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26				4Q25			3Q25				2Q26			3Q25								2026					2025		2025
OTHER INCOME
Other income - reported	$	1,556		$	7,549		$	1,671		$	1,658			$	1,439			(79)	%		8	%				$	10,776				$	4,516			139		%
Fully taxable-equivalent adjustments (a)	626			564			587			856				588				11		6				1,777					1,853					(4)
Other income - managed	$	2,182		$	8,113		$	2,258		$	2,514			$	2,027			(73)		8				$	12,553				$	6,369				97
TOTAL NONINTEREST REVENUE
Total noninterest revenue - reported	$	23,136		$	31,836		$	24,470		$	20,803			$	22,461			(27)		3				$	79,442				$	66,201				20
Fully taxable-equivalent adjustments	626			564			587			856				588				11		6				1,777					1,853					(4)
Total noninterest revenue - managed	$	23,762		$	32,400		$	25,057		$	21,659			$	23,049			(27)		3				$	81,219				$	68,054				19
NET INTEREST INCOME
Net interest income - reported	$	27,036		$	25,511		$	25,366		$	24,995			$	23,966			6		13				$	77,913				$	70,448				11
Fully taxable-equivalent adjustments (a)	109			111			113			113				105				(2)		4				333					312					7
Net interest income - managed	$	27,145		$	25,622		$	25,479		$	25,108			$	24,071			6		13				$	78,246				$	70,760				11
TOTAL NET REVENUE
Total net revenue - reported	$	50,172		$	57,347		$	49,836		$	45,798			$	46,427			(13)		8				$	157,355				$	136,649				15
Fully taxable-equivalent adjustments	735			675			700			969				693				9		6				2,110					2,165					(3)
Total net revenue - managed	$	50,907		$	58,022		$	50,536		$	46,767			$	47,120			(12)		8				$	159,465				$	138,814				15
PRE-PROVISION PROFIT
Pre-provision profit - reported	$	22,877		$	30,031		$	22,986		$	21,815			$	22,146			(24)		3				$	75,894				$	64,992				17
Fully taxable-equivalent adjustments	735			675			700			969				693				9		6				2,110					2,165					(3)
Pre-provision profit - managed	$	23,612		$	30,706		$	23,686		$	22,784			$	22,839			(23)		3				$	78,004				$	67,157				16
INCOME BEFORE INCOME TAX EXPENSE
Income before income tax expense - reported	$	20,134		$	27,516		$	20,479		$	17,160			$	18,743			(27)		7				$	68,129				$	55,435				23
Fully taxable-equivalent adjustments	735			675			700			969				693				9		6				2,110					2,165					(3)
Income before income tax expense - managed	$	20,869		$	28,191		$	21,179		$	18,129			$	19,436			(26)		7				$	70,239				$	57,600				22
INCOME TAX EXPENSE
Income tax expense - reported	$	4,829		$	6,361		$	3,985		$	4,135			$	4,350			(24)		11				$	15,175				$	11,412				33
Fully taxable-equivalent adjustments	735			675			700			969				693				9		6				2,110					2,165					(3)
Income tax expense - managed	$	5,564		$	7,036		$	4,685		$	5,104			$	5,043			(21)		10				$	17,285				$	13,577				27
OVERHEAD RATIO
Overhead ratio - reported	54		%	48		%	54		%	52		%		52			%									52		%			52		%
Overhead ratio - managed	54			47			53			51				52												51					52

(a)For other income, recognized in CIB, and for net interest income, predominantly recognized in CIB and Corporate.

JPMORGAN CHASE & CO.
SEGMENT & CORPORATE RESULTS - MANAGED BASIS
(in millions)
	QUARTERLY TRENDS																										NINE MONTHS ENDED SEPTEMBER 30,
																	3Q26 Change																	2026 Change
	3Q26			2Q26				1Q26			4Q25			3Q25			2Q26			3Q25							2026					2025		2025
TOTAL NET REVENUE (fully taxable-equivalent (“FTE”))
Consumer & Community Banking	$	21,171	$	20,272		$	19,568		$	19,396		$	19,473		4	%		9	%				$	61,011			$	56,633			8		%
Commercial & Investment Bank	22,734		24,853			23,379			19,375			19,878			(9)		14				70,966				59,079				20
Asset & Wealth Management	6,909		6,851			6,374			6,516			6,066			1		14				20,134				17,557				15
Corporate	93		6,046			1,215			1,480			1,703			(98)		(95)				7,354				5,545				33
TOTAL NET REVENUE	$	50,907	$	58,022	(a)	$	50,536		$	46,767		$	47,120		(12)		8				$	159,465	(a)		$	138,814			15
TOTAL NONINTEREST EXPENSE
Consumer & Community Banking	$	11,580	$	11,108		$	10,979		$	10,256		$	10,296		4		12				$	33,667			$	30,011			12
Commercial & Investment Bank	10,771		11,390			11,136			9,011			9,722			(5)		11				33,297				29,205				14
Asset & Wealth Management	4,358		4,207			4,167			4,068			3,818			4		14				12,732				11,264				13
Corporate	586		611			568			648			445			(4)		32				1,765				1,177				50
TOTAL NONINTEREST EXPENSE	$	27,295	$	27,316		$	26,850		$	23,983		$	24,281		—		12				$	81,461			$	71,657			14
PRE-PROVISION PROFIT/(LOSS)
Consumer & Community Banking	$	9,591	$	9,164		$	8,589		$	9,140		$	9,177		5		5				$	27,344			$	26,622			3
Commercial & Investment Bank	11,963		13,463			12,243			10,364			10,156			(11)		18				37,669				29,874				26
Asset & Wealth Management	2,551		2,644			2,207			2,448			2,248			(4)		13				7,402				6,293				18
Corporate	(493)		5,435			647			832			1,258			NM			NM					5,589				4,368				28
PRE-PROVISION PROFIT	$	23,612	$	30,706		$	23,686		$	22,784		$	22,839		(23)		3				$	78,004			$	67,157			16
PROVISION FOR CREDIT LOSSES
Consumer & Community Banking	$	2,026	$	2,156		$	2,050		$	4,244		$	2,538		(6)		(20)				$	6,232			$	7,249			(14)
Commercial & Investment Bank	663		356			482			405			809			86		(18)				1,501				2,210				(32)
Asset & Wealth Management	84		13			(24)			2			59			NM			42				73				95				(23)
Corporate	(30)		(10)			(1)			4			(3)			(200)		NM					(41)				3				NM
PROVISION FOR CREDIT LOSSES	$	2,743	$	2,515		$	2,507		$	4,655		$	3,403		9		(19)				$	7,765			$	9,557			(19)
NET INCOME/(LOSS)
Consumer & Community Banking	$	5,670	$	5,311		$	4,976		$	3,642		$	5,009		7		13				$	15,957			$	14,603			9
Commercial & Investment Bank	8,247		9,678			9,044			7,268			6,901			(15)		20				26,969				20,493				32
Asset & Wealth Management	1,843		1,957			1,775			1,808			1,658			(6)		11				5,575				4,714				18
Corporate	(455)		4,209			699			307			825			NM			NM					4,453				4,213				6
TOTAL NET INCOME	$	15,305	$	21,155		$	16,494		$	13,025		$	14,393		(28)		6				$	52,954			$	44,023			20

(a)Included a $4.6 billion net gain related to Visa Class C common stock in Corporate and $1.0 billion of gains on certain equity investments, consisting of $763 million in Corporate and $263 million in CIB. Refer to footnote (f) on page 2 for further information.

JPMORGAN CHASE & CO.
CAPITAL AND OTHER SELECTED BALANCE SHEET ITEMS
(in millions, except ratio data)
																					Sep 30, 2026
																					Change										NINE MONTHS ENDED SEPTEMBER 30,
	Sep 30,					Jun 30,				Mar 31,				Dec 31,			Sep 30,				Jun 30,			Sep 30,												2026 Change
	2026					2026				2026				2025			2025				2026			2025							2026				2025	2025
CAPITAL
Risk-based capital metrics
Standardized
CET1 capital	$	304,142	(b)		$	302,619		$	291,152			$	288,469		$	287,297		1		%		6	%
Tier 1 capital	324,243		(b)		322,720			310,317				307,630			306,599			—			6
Total capital	367,075		(b)		362,723			349,931				343,843			343,215			1			7
Risk-weighted assets	2,183,531		(b)		2,132,428			2,039,324				1,981,692			1,935,868			2			13
CET1 capital ratio	13.9		%	(b)		14.2	%			14.3	%			14.6	%		14.8		%
Tier 1 capital ratio	14.8		(b)		15.1			15.2				15.5			15.8
Total capital ratio	16.8		(b)		17.0			17.2				17.4			17.7
Advanced
CET1 capital	$	304,142	(b)		$	302,619		$	291,152			$	288,469		$	287,297		1			6
Tier 1 capital	324,243		(b)		322,720			310,317				307,630			306,599			—			6
Total capital	350,267		(b)		346,248			334,355				328,962			328,356			1			7
Risk-weighted assets	2,164,332		(b)		2,123,862			2,061,341		(c)		2,045,249			1,932,404			2			12
CET1 capital ratio	14.1		%	(b)		14.2	%			14.1	%			14.1	%		14.9		%
Tier 1 capital ratio	15.0		(b)		15.2			15.1				15.0			15.9
Total capital ratio	16.2		(b)		16.3			16.2				16.1			17.0
Leverage-based capital metrics
Adjusted average assets (a)	$	4,965,490	(b)		$	4,921,814		$	4,702,980			$	4,472,394		$	4,464,441		1			11
Tier 1 leverage ratio	6.5		%	(b)		6.6	%			6.6	%			6.9	%		6.9		%
Total leverage exposure	$	5,934,748	(b)		$	5,844,422		$	5,576,930			$	5,302,001		$	5,272,950		2			13
SLR	5.5		%	(b)		5.5	%			5.6	%			5.8	%		5.8		%
Total Loss-Absorbing Capacity (“TLAC”)
Eligible external TLAC	$	598,651	(b)		$	590,505		$	572,047			$	563,743		$	567,557		1			5
MEMO: CET1 CAPITAL ROLLFORWARD
Standardized/Advanced CET1 capital, beginning balance	$	302,619			$	291,152		$	288,469			$	287,297		$	283,854		4			7				$	288,469			$	275,513		5		%
Net income applicable to common equity	15,000				20,847			16,218				12,745			14,111			(28)			6				52,065				43,204			21
Dividends declared on common stock	(4,433)				(4,033)			(4,067)				(4,091)			(4,134)			(10)			(7)				(12,533)				(11,969)			(5)
Net purchase of treasury stock	(1,004)				(6,717)			(7,125)				(8,265)			(8,343)			85			88				(14,846)				(22,308)			33
Changes in additional paid-in capital	334				472			(1,027)				249			289			(29)			16				(221)				(46)			(380)
Changes related to AOCI applicable to capital:
Unrealized gains/(losses) on investment securities	(7,893)				320			(2,401)				1,295			1,509			NM				NM					(9,974)				2,274			NM
Translation adjustments, net of hedges	(29)				(21)			(167)				(6)			(12)			(38)			(142)				(217)				1,345			NM
Fair value hedges	24				(9)			41				7			37			NM				(35)				56				57			(2)
Defined benefit pension and other postretirement employee benefit plans	179				37			4				619			4			384			NM					220				(40)			NM
Changes related to other CET1 capital adjustments	(655)		(b)		571			1,207				(1,381)			(18)			NM				NM					1,123	(b)			(733)			NM
Change in Standardized/Advanced CET1 capital	1,523		(b)		11,467			2,683				1,172			3,443			(87)			(56)				15,673		(b)		11,784			33
Standardized/Advanced CET1 capital, ending balance	$	304,142	(b)		$	302,619		$	291,152			$	288,469		$	287,297		1			6				$	304,142	(b)		$	287,297		6

(a)Adjusted average assets, for purposes of calculating the leverage ratios, includes quarterly average assets adjusted for on-balance sheet assets that are subject to deduction from Tier 1 capital, predominantly goodwill (inclusive of estimated equity method goodwill) and other intangible assets.

(b)Estimated.

(c)As of March 31, 2026, reflects the updated impact to the amount of risk-weighted assets (“RWA”) resulting from the completion of the necessary modeling steps for the Apple Card transaction of approximately $30 billion, as compared to the impact of approximately $110 billion as of December 31, 2025. Refer to Capital Risk Management on pages 33-40 of the Firm’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, and pages 89-99 of the Firm’s 2025 Form 10-K for additional information.

JPMORGAN CHASE & CO.
CAPITAL AND OTHER SELECTED BALANCE SHEET ITEMS, CONTINUED
(in millions, except ratio data)
																Sep 30, 2026
																Change								NINE MONTHS ENDED SEPTEMBER 30,
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Jun 30,			Sep 30,									2026 Change
	2026			2026			2026			2025			2025			2026			2025					2026			2025	2025
TANGIBLE COMMON EQUITY (period-end) (a)
Common stockholders’ equity	$	351,328	$	353,558	$	343,993		$	342,393		$	340,167		(1)	%		3	%
Less: Goodwill	52,717		52,711		52,706			52,731			52,717			—		—
Less: Other intangible assets	2,378		2,437		2,490			2,560			2,615			(2)		(9)
Add: Certain deferred tax liabilities (b)	2,897		2,904		2,911			2,916			2,906			—		—
Total tangible common equity	$	299,130	$	301,314	$	291,708		$	290,018		$	287,741		(1)		4
TANGIBLE COMMON EQUITY (average) (a)
Common stockholders’ equity	$	351,360	$	343,146	$	341,050		$	340,321		$	336,335		2		4				$	345,223	$	330,203		5	%
Less: Goodwill	52,737		52,740		52,737			52,703			52,731			—		—				52,738		52,669			—
Less: Other intangible assets	2,407		2,463		2,518			2,574			2,678			(2)		(10)				2,462		2,749			(10)
Add: Certain deferred tax liabilities (b)	2,900		2,909		2,915			2,903			2,917			—		(1)				2,908		2,927			(1)
Total tangible common equity	$	299,116	$	290,852	$	288,710		$	287,947		$	283,843		3		5				$	292,931	$	277,712		5
INTANGIBLE ASSETS (period-end)
Goodwill	$	52,717	$	52,711	$	52,706		$	52,731		$	52,717		—		—
Mortgage servicing rights	9,775		9,156		9,093			9,167			9,110			7		7
Other intangible assets	2,378		2,437		2,490			2,560			2,615			(2)		(9)
Total intangible assets	$	64,870	$	64,304	$	64,289		$	64,458		$	64,442		1		1

(a)Refer to page 28 for further discussion of TCE.

(b)Represents deferred tax liabilities related to tax-deductible goodwill and to identifiable intangibles created in nontaxable transactions, which are netted against goodwill and other intangibles when calculating TCE.

JPMORGAN CHASE & CO.
EARNINGS PER SHARE AND RELATED INFORMATION
(in millions, except per share and ratio data)
	QUARTERLY TRENDS																													NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26				4Q25			3Q25				2Q26			3Q25							2026					2025			2025
EARNINGS PER SHARE
Basic earnings per share
Net income	$	15,305		$	21,155		$	16,494			$	13,025		$	14,393		(28)		%		6	%				$	52,954			$	44,023			20		%
Less: Preferred stock dividends	305			308			276				280			282			(1)			8				889				819					9
Net income applicable to common equity	15,000			20,847			16,218				12,745			14,111			(28)			6				52,065				43,204					21
Less: Dividends and undistributed earnings allocated to
participating securities	64			95			70				56			68			(33)			(6)				228				213					7
Net income applicable to common stockholders	$	14,936		$	20,752		$	16,148			$	12,689		$	14,043		(28)			6				$	51,837			$	42,991				21
Total weighted-average basic shares outstanding	2,678.6			2,689.9			2,716.2				2,735.3			2,762.4			—			(3)				2,694.9				2,790.2					(3)
Net income per share	$	5.58		$	7.71		$	5.95			$	4.64		$	5.08		(28)			10				$	19.24			$	15.41				25
Diluted earnings per share
Net income applicable to common stockholders	$	14,936		$	20,752		$	16,148			$	12,689		$	14,043		(28)			6				$	51,837			$	42,991				21
Total weighted-average basic shares outstanding	2,678.6			2,689.9			2,716.2				2,735.3			2,762.4			—			(3)				2,694.9				2,790.2					(3)
Add: Dilutive impact of unvested performance share units (“PSUs”), nondividend-earning restricted stock units (“RSUs”) and stock appreciation rights (“SARs”)	4.4			4.3			4.0				5.2			5.2			2			(15)				4.2				5.0					(16)
Total weighted-average diluted shares outstanding	2,683.0			2,694.2			2,720.2				2,740.5			2,767.6			—			(3)				2,699.1				2,795.2					(3)
Net income per share	$	5.57		$	7.70		$	5.94			$	4.63		$	5.07		(28)			10				$	19.20			$	15.38				25
COMMON DIVIDENDS
Cash dividends declared per share	$	1.65	(c)	$	1.50		$	1.50			$	1.50		$	1.50		10			10				$	4.65			$	4.30				8
Dividend payout ratio	30		%		19	%			25	%			32	%		29		%												24		%			28		%
COMMON SHARE REPURCHASE PROGRAM (a)
Total shares of common stock repurchased	3.1			21.7			27.5				26.7			28.0			(86)			(89)				52.3				87.7					(40)
Average price paid per share of common stock	$	342.33		$	308.21		$	302.75			$	309.81		$	297.10		11			15				$	307.36			$	266.44				15
Aggregate repurchases of common stock	1,057			6,703			8,328				8,262			8,315			(84)			(87)				16,088				23,378					(31)
EMPLOYEE ISSUANCE
Shares issued from treasury stock related to employee
stock-based compensation awards and employee stock
purchase plans	0.5			0.4			10.8				0.7			0.4			25			25				11.7				12.3					(5)
Net impact of employee issuances on stockholders’ equity (b)	$	393		$	518		$	221			$	322		$	339		(24)			16				$	1,132			$	1,234				(8)

(a)The Firm’s Board of Directors authorized a new common share repurchase program of up to $50 billion, effective July 1, 2026, which replaced the previous program that commenced in the third quarter of 2025 and authorized repurchases of up to $50 billion.

(b)The net impact of employee issuances on stockholders’ equity is driven by the cost of equity compensation awards that is recognized over the applicable vesting periods. The cost is partially offset by tax impacts related to the distribution of shares.

(c)On September 15, 2026, the Board of Directors declared quarterly common stock dividends of $1.65 per share.

JPMORGAN CHASE & CO.
CONSUMER & COMMUNITY BANKING
FINANCIAL HIGHLIGHTS
(in millions, except ratio data)
	QUARTERLY TRENDS																															NINE MONTHS ENDED SEPTEMBER 30,
																						3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26					4Q25				3Q25				2Q26			3Q25							2026					2025			2025
INCOME STATEMENT
REVENUE
Lending- and deposit-related fees	$	1,036		$	971		$	947			$	973			$	969			7		%		7	%				$	2,954			$	2,696			10		%
Asset management fees	1,469			1,379			1,303				1,277				1,189				7			24				4,151				3,392					22
Mortgage fees and related income	258			325			303				344				372				(21)			(31)				886				982					(10)
Card income	770			691			592				376				514				11			50				2,053				1,854					11
All other income (a)	1,819			1,814			1,685				1,585				1,573				—			16				5,318				4,316					23
Noninterest revenue	5,352			5,180			4,830				4,555				4,617				3			16				15,362				13,240					16
Net interest income	15,819			15,092			14,738				14,841				14,856				5			6				45,649				43,393					5
TOTAL NET REVENUE	21,171			20,272			19,568				19,396				19,473				4			9				61,011				56,633					8
Provision for credit losses	2,026			2,156			2,050				4,244		(d)		2,538				(6)			(20)				6,232				7,249					(14)
NONINTEREST EXPENSE
Compensation expense	4,715			4,682			4,622				4,392		(e)		4,357		(e)		1			8				14,019				12,992		(e)			8
Noncompensation expense (b)	6,865			6,426			6,357				5,864		(e)		5,939		(e)		7			16				19,648				17,019		(e)			15
TOTAL NONINTEREST EXPENSE	11,580			11,108			10,979				10,256				10,296				4			12				33,667				30,011					12
Income before income tax expense	7,565			7,008			6,539				4,896				6,639				8			14				21,112				19,373					9
Income tax expense	1,895			1,697			1,563				1,254				1,630				12			16				5,155				4,770					8
NET INCOME	$	5,670		$	5,311		$	4,976			$	3,642			$	5,009			7			13				$	15,957			$	14,603				9
REVENUE BY BUSINESS
Banking & Wealth Management	$	11,673		$	11,229		$	10,577			$	10,870			$	11,040			4			6				$	33,479			$	31,992				5
Home Lending	1,217			1,285			1,232				1,249				1,260				(5)			(3)				3,734				3,717					—
Card Services & Auto	8,281			7,758			7,759				7,277				7,173				7			15				23,798				20,924					14
MORTGAGE FEES AND RELATED INCOME DETAILS
Production revenue	46			147			178				188				173				(69)			(73)				371				434					(15)
Net mortgage servicing revenue (c)	212			178			125				156				199				19			7				515				548					(6)
Mortgage fees and related income	$	258		$	325		$	303			$	344			$	372			(21)			(31)				$	886			$	982				(10)
FINANCIAL RATIOS
ROE	36		%		34	%			32	%				25	%			35		%												34		%			34		%
Overhead ratio	55			55			56				53				53													55				53

(a)Primarily includes operating lease income and commissions and other fees. Operating lease income was $1.2 billion, $1.2 billion, $1.2 billion, $1.1 billion and $987 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $3.6 billion and $2.7 billion for the nine months ended September 30, 2026 and 2025, respectively.

(b)Included depreciation expense on leased assets of $792 million, $694 million, $756 million, $670 million and $649 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $2.2 billion and $1.7 billion for the nine months ended September 30, 2026 and 2025, respectively.

(c)Included MSR risk management results of $73 million, $39 million, $(15) million, $7 million and $55 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $97 million and $111 million for the nine months ended September 30, 2026 and 2025, respectively.

(d)Refer to footnote (g) on page 2 for additional information.

(e)In the first quarter of 2026, Risk functions that were previously aligned with the LOBs were centralized into Corporate. As a result, the employees and compensation expense related to those functions are now reflected in Corporate, and a corresponding expense allocation from Corporate is reflected in noncompensation expense of the respective LOBs. These adjustments had no impact on total noninterest expense of the LOBs or Corporate. Prior periods have been revised to conform with the current presentation.

JPMORGAN CHASE & CO.
CONSUMER & COMMUNITY BANKING
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except employee data)
	QUARTERLY TRENDS																											NINE MONTHS ENDED SEPTEMBER 30,
																		3Q26 Change																2026 Change
	3Q26			2Q26			1Q26				4Q25				3Q25			2Q26			3Q25							2026				2025		2025
SELECTED BALANCE SHEET DATA (period-end)
Total assets	$	674,011	$	672,612	$	656,051		$	664,669			$	652,275			—	%		3	%				$	674,011			$	652,275		3		%
Loans:
Banking & Wealth Management	34,457		34,337		32,992			33,005				33,259				—		4				34,457				33,259				4
Home Lending (a)	233,538		237,176		238,571			240,724				240,633				(2)		(3)				233,538				240,633				(3)
Card Services	252,684		249,816		239,065			247,753				235,491				1		7				252,684				235,491				7
Auto	73,041		72,220		70,958			70,585				71,095				1		3				73,041				71,095				3
Total loans	593,720		593,549		581,586			592,067				580,478				—		2				593,720				580,478				2
Deposits	1,104,429		1,093,862		1,112,078			1,072,792				1,058,388				1		4				1,104,429				1,058,388				4
Equity	61,500		61,500		61,500			56,000				56,000				—		10				61,500				56,000				10
SELECTED BALANCE SHEET DATA (average)
Total assets	$	672,863	$	662,460	$	655,977		$	654,851			$	650,277			2		3				$	663,828			$	644,114			3
Loans:
Banking & Wealth Management	34,196		33,832		33,038			32,916				33,351				1		3				33,693				33,350				1
Home Lending (b)	237,817		238,808		240,429			241,701				241,772				—		(2)				239,008				242,897				(2)
Card Services	250,117		243,501		239,153			239,335				234,412				3		7				244,298				229,153				7
Auto	72,176		71,456		70,208			70,693				70,895				1		2				71,287				71,583				—
Total loans	594,306		587,597		582,828			584,645				580,430				1		2				588,286				576,983				2
Deposits	1,097,118		1,095,646		1,075,951			1,056,819				1,058,025				—		4				1,089,649				1,057,371				3
Equity	61,500		61,500		61,500			56,000				56,000				—		10				61,500				56,000				10
Employees	144,888		144,079		143,869			142,586		(c)		142,600		(c)		1		2				144,888				142,600		(c)		2

(a)At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, Home Lending loans held-for-sale and loans at fair value were $12.4 billion, $13.1 billion, $11.3 billion, $11.0 billion and $9.4 billion, respectively.

(b)Average Home Lending loans held-for sale and loans at fair value were $15.2 billion, $13.0 billion, $11.8 billion, $11.2 billion and $10.1 billion for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $13.3 billion and $8.9 billion for the nine months ended September 30, 2026 and 2025, respectively.

(c)Refer to footnote (e) on page 12 for further information on the centralization of Risk functions.

JPMORGAN CHASE & CO.
CONSUMER & COMMUNITY BANKING
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio data)
	QUARTERLY TRENDS																											NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26				4Q25				3Q25			2Q26			3Q25								2026			2025				2025
CREDIT DATA AND QUALITY STATISTICS
Nonaccrual loans (a)	$	3,525		$	3,506		$	3,493		$	3,484			$	3,596			1	%		(2)	%				$	3,525				$	3,596				(2)	%
Net charge-offs/(recoveries)
Banking & Wealth Management	85			87			85			72				85				(2)		—				257					284					(10)
Home Lending	(17)			(18)			(15)			(12)				(63)				6		73				(50)					(110)					55
Card Services	1,833			2,025			2,044			1,897				1,860				(9)		(1)				5,902					5,781					2
Auto	75			62			81			87				81				21		(7)				218					248					(12)
Total net charge-offs/(recoveries)	$	1,976		$	2,156		$	2,195		$	2,044			$	1,963			(8)		1				$	6,327				$	6,203				2
Net charge-off/(recovery) rate
Banking & Wealth Management	0.99		%	1.03		%	1.04		%	0.87		%		1.01		%										1.02		%			1.14		%
Home Lending	(0.03)			(0.03)			(0.03)			(0.02)				(0.11)												(0.03)					(0.06)
Card Services	2.91			3.34			3.47			3.14				3.15												3.23					3.37
Auto	0.41			0.35			0.47			0.49				0.46												0.41					0.46
Total net charge-off/(recovery) rate	1.35			1.51			1.56			1.41				1.37												1.47					1.46
30+ day delinquency rate
Home Lending (b)	0.79		%	0.83		%	0.88		%	0.86		%		0.89		%										0.79		%			0.89		%
Card Services	1.97			1.91			2.17			2.16				2.14												1.97					2.14
Auto	0.96			1.03			1.09			1.33		(d)		1.17												0.96					1.17
90+ day delinquency rate - Card Services	0.96			1.00			1.15			1.10				1.07												0.96					1.07
Allowance for credit losses:
Allowance for loan losses
Banking & Wealth Management	$	715		$	765		$	765		$	765			$	765			(7)		(7)				$	715				$	765				(7)
Home Lending	507			507			507			647				647				—		(22)				507					647					(22)
Card Services	15,563			15,563			15,563			15,558				15,558				—		—				15,563					15,558					—
Auto	587			587			587			587				587				—		—				587					587					—
Total allowance for loan losses	17,372			17,422			17,422			17,557				17,557				—		(1)				17,372					17,557					(1)
Allowance for lending-related commitments (c)	2,380			2,280			2,280			2,290				90				4		NM					2,380					90					NM
Total allowance for credit losses	$	19,752		$	19,702		$	19,702		$	19,847			$	17,647			—		12				$	19,752				$	17,647				12

(a)Excludes mortgage loans past due and insured by U.S. government agencies, which are primarily 90 or more days past due. These loans have been excluded based upon the government guarantee. At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, mortgage loans 90 or more days past due and insured by U.S. government agencies were $60 million, $61 million, $68 million, $70 million and $65 million, respectively. In addition, the Firm’s policy is generally to exempt credit card loans from being placed on nonaccrual status as permitted by regulatory guidance.

(b)At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, excluded mortgage loans 30 or more days past due and insured by U.S. government agencies of $81 million, $85 million, $92 million, $102 million and $95 million, respectively. These amounts have been excluded based upon the government guarantee.

(c)As of December 31, 2025, includes the impact of the Apple Card transaction. Refer to footnote (g) on page 2 for additional information.

(d)Prior-period rate has been revised to conform with the presentation in the Firm’s 2025 Form 10-K.

JPMORGAN CHASE & CO.
CONSUMER & COMMUNITY BANKING
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio data and where otherwise noted)
	QUARTERLY TRENDS																																NINE MONTHS ENDED SEPTEMBER 30,
																						3Q26 Change																		2026 Change
	3Q26				2Q26				1Q26					4Q25					3Q25			2Q26			3Q25								2026					2025		2025
BUSINESS METRICS
Number of:
Branches	5,164			5,135			5,095				5,083				5,018					1	%		3	%				5,164					5,018				3		%
Active digital customers (in thousands)	77,960			76,706			76,246				74,646				74,041					2		5				77,960					74,041					5
Active mobile customers (in thousands)	64,919			63,746			62,960				61,736				60,924					2		7				64,919					60,924					7
Debit and credit card sales volume (in billions)	$	539.5		$	535.8		$	487.6			$	512.5			$	492.3				1		10				$	1,562.9				$	1,428.2				9
Total payments transaction volume (in trillions)	1.9			1.9			1.8				1.8				1.8					—		6				5.6					5.2					8
Banking & Wealth Management
Average deposits	$	1,078,940		$	1,078,373		$	1,059,463			$	1,039,621			$	1,040,402				—		4				$	1,072,330				$	1,041,180				3
Deposit margin	2.78		%	2.70		%	2.63			%		2.72		%		2.79		%											2.70		%			2.75		%
Business Banking average loans	$	17,836		$	18,324		$	18,578			$	18,747			$	18,922				(3)		(6)				$	18,243				$	19,202				(5)
Business Banking origination volume	700			748			733				691				824					(6)		(15)				2,181					2,532					(14)
Client investment assets (a)	1,419,820			1,394,864			1,272,180				1,269,883				1,232,390					2		15				1,419,820					1,232,390					15
Number of client advisors	6,433			6,329			6,243				6,049				6,025					2		7				6,433					6,025					7
Home Lending (in billions)
Mortgage origination volume by channel
Retail	$	8.7		$	10.6		$	8.7			$	10.4			$	8.4				(18)		4				$	28.0				$	22.6				24
Correspondent	7.3			6.6			5.0				5.6				5.5					11		33				18.9					14.2					33
Total mortgage origination volume (b)	$	16.0		$	17.2		$	13.7			$	16.0			$	13.9				(7)		15				$	46.9				$	36.8				27
Third-party mortgage loans serviced (period-end)	651.9			652.8			656.4				661.9				663.6					—		(2)				651.9					663.6					(2)
MSR carrying value (period-end)	9.7			9.1			9.1				9.1				9.1					7		7				9.7					9.1					7
Card Services
Sales volume, excluding commercial card (in billions)	$	376.0		$	373.1		$	337.6			$	359.7			$	344.4				1		9				$	1,086.7				$	995.0				9
Net revenue rate	10.76		%	10.37		%	10.78		%		9.86		%		10.03		%											10.64		%			10.15		%
Net yield on average loans	10.67			10.39			10.85				10.40				10.28													10.63					10.21
Auto
Loan and lease origination volume (in billions)	$	10.8		$	12.3		$	10.4			$	10.8			$	12.0				(12)		(10)				$	33.5				$	34.0				(1)
Average auto operating lease assets	21,484			21,123			20,398				18,893				16,986					2		26				21,006					15,294					37

(a)Includes assets invested in managed accounts and J.P. Morgan mutual funds where AWM is the investment manager. Refer to AWM segment results on pages 20-22 for additional information.

(b)Firmwide mortgage origination volume was $20.4 billion, $21.2 billion, $16.6 billion, $19.0 billion and $16.9 billion for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $58.2 billion and $44.4 billion for the nine months ended September 30, 2026 and 2025, respectively.

JPMORGAN CHASE & CO.
COMMERCIAL & INVESTMENT BANK
FINANCIAL HIGHLIGHTS
(in millions, except ratio data)
	QUARTERLY TRENDS																															NINE MONTHS ENDED SEPTEMBER 30,
																						3Q26 Change																			2026 Change
	3Q26				2Q26				1Q26					4Q25				3Q25				2Q26			3Q25							2026						2025			2025
INCOME STATEMENT
REVENUE
Investment banking fees	$	3,005		$	3,277		$	2,883			$	2,347			$	2,627			(8)		%		14	%				$	9,165			$	7,388				24		%
Principal transactions	6,498			8,768			7,897				5,419				7,090				(26)			(8)				23,163				21,807					6
Lending- and deposit-related fees	1,486			1,487			1,394				1,336				1,315				—			13				4,367				3,841					14
Commissions and other fees	1,727			1,748			1,714				1,562				1,493				(1)			16				5,189				4,423					17
Card income	640			649			585				627				613				(1)			4				1,874				1,809					4
All other income	628			1,025			917				1,063				660				(39)			(5)				2,570				2,144					20
Noninterest revenue	13,984			16,954			15,390				12,354				13,798				(18)			1				46,328				41,412					12
Net interest income	8,750			7,899			7,989				7,021				6,080				11			44				24,638				17,667					39
TOTAL NET REVENUE (a)	22,734			24,853			23,379				19,375				19,878				(9)			14				70,966				59,079					20
Provision for credit losses	663			356			482				405				809				86			(18)				1,501				2,210					(32)
NONINTEREST EXPENSE
Compensation expense	5,066			5,544			5,740				3,940		(d)		4,662		(d)		(9)			9				16,350				14,604		(d)			12
Noncompensation expense	5,705			5,846			5,396				5,071		(d)		5,060		(d)		(2)			13				16,947				14,601		(d)			16
TOTAL NONINTEREST EXPENSE	10,771			11,390			11,136				9,011				9,722				(5)			11				33,297				29,205					14
Income before income tax expense	11,300			13,107			11,761				9,959				9,347				(14)			21				36,168				27,664					31
Income tax expense	3,053			3,429			2,717				2,691				2,446				(11)			25				9,199				7,171					28
NET INCOME	$	8,247		$	9,678		$	9,044			$	7,268			$	6,901			(15)			20				$	26,969			$	20,493				32
FINANCIAL RATIOS
ROE	18		%		22	%			21	%				19	%			18		%												20		%				18		%
Overhead ratio	47			46			48				47				49													47				49
Compensation expense as percentage of total net revenue	22			22			25				20		(d)		23		(d)											23				25		(d)
REVENUE BY BUSINESS
Investment Banking	$	3,098		$	3,902		$	3,136			$	2,552			$	2,694			(21)			15				$	10,136			$	7,646				33
Payments	5,620			5,296			5,123				5,114				4,917				6			14				16,039				14,217					13
Lending	2,240			1,964			2,166				1,985				1,872				14			20				6,370				5,616					13
Other	—			—			—				—				—				—			—				—				6					NM
Total Banking & Payments	10,958			11,162			10,425				9,651				9,483				(2)			16				32,545				27,485					18
Fixed Income Markets	5,366			6,053			7,078				5,380				5,613				(11)			(4)				18,497				17,152					8
Equity Markets	4,954			6,025			4,481				2,859				3,331				(18)			49				15,460				10,391					49
Securities Services	1,626			1,657			1,499				1,489				1,423				(2)			14				4,782				4,110					16
Credit Adjustments & Other (b)	(170)			(44)			(104)				(4)				28				(286)			NM					(318)				(59)					(439)
Total Markets & Securities Services	11,776			13,691			12,954				9,724				10,395				(14)			13				38,421				31,594					22
TOTAL NET REVENUE	$	22,734		$	24,853		$	23,379			$	19,375			$	19,878			(9)			14				$	70,966			$	59,079				20
Banking & Payments revenue by client coverage segment (c)
Global Corporate Banking & Global Investment Banking	$	7,549		$	7,797		$	7,265			$	6,493			$	6,544			(3)		%		15	%				$	22,611			$	18,792				20		%
Commercial Banking	3,409			3,365			3,160				3,158				2,939				1			16				9,934				8,693					14
Commercial & Specialized Industries	2,458			2,472			2,280				2,245				2,038				(1)			21				7,210				6,061					19
Commercial Real Estate Banking	951			893			880				913				901				6			6				2,724				2,632					3
Total Banking & Payments revenue	$	10,958		$	11,162		$	10,425			$	9,651			$	9,483			(2)			16				$	32,545			$	27,485				18

(a)Included taxable-equivalent adjustments primarily from income tax credits from investments in alternative energy, affordable housing and new markets, income from tax-exempt securities and loans, and the related amortization and other tax benefits of the investments in alternative energy and affordable housing of $684 million, $621 million, $646 million, $920 million and $644 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $2.0 billion for both the nine months ended September 30, 2026 and 2025.

(b)Consists primarily of centrally managed credit valuation adjustments (“CVA”), funding valuation adjustments (“FVA”) on derivatives, other valuation adjustments, and certain components of fair value option elected liabilities, which are primarily reported in principal transactions revenue. Results are presented net of associated hedging activities and net of CVA and FVA amounts allocated to Fixed Income Markets and Equity Markets.

(c)Refer to page 70 of the Firm’s 2025 Form 10-K for a description of each of the client coverage segments.

(d)In the first quarter of 2026, Risk functions that were previously aligned with the LOBs were centralized into Corporate. As a result, the employees and compensation expense related to those functions are now reflected in Corporate, and a corresponding expense allocation from Corporate is reflected in noncompensation expense of the respective LOBs. These adjustments had no impact on total noninterest expense of the LOBs or Corporate. Prior periods have been revised to conform with the current presentation.

JPMORGAN CHASE & CO.
COMMERCIAL & INVESTMENT BANK
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio and employee data)
	QUARTERLY TRENDS																												NINE MONTHS ENDED SEPTEMBER 30,
																			3Q26 Change																2026 Change
	3Q26			2Q26				1Q26				4Q25				3Q25			2Q26			3Q25							2026				2025		2025
SELECTED BALANCE SHEET DATA (period-end)
Total assets	$	2,760,833	$	2,709,357		$	2,626,846		$	2,142,534			$	2,328,000			2	%		19	%				$	2,760,833			$	2,328,000		19		%
Loans:
Loans retained	599,834		586,807			576,917			558,528				538,016				2		11				599,834				538,016				11
Loans held-for-sale and loans at fair value (a)	75,037		65,594			67,022			73,508				56,057				14		34				75,037				56,057				34
Total loans	674,871		652,401			643,939			632,036				594,073				3		14				674,871				594,073				14
Equity	175,000		175,000		(c)	166,500			149,500				149,500				—		17				175,000		(c)		149,500				17
Banking & Payments loans by client coverage segment (period-end) (b)
Global Corporate Banking & Global Investment Banking	$	168,213	$	160,842		$	158,989		$	146,079			$	132,560			5		27				$	168,213			$	132,560			27
Commercial Banking	229,404		226,320			224,253			222,139				222,464				1		3				229,404				222,464				3
Commercial & Specialized Industries	80,664		78,897			77,425			75,865				76,010				2		6				80,664				76,010				6
Commercial Real Estate Banking	148,740		147,423			146,828			146,274				146,454				1		2				148,740				146,454				2
Total Banking & Payments loans	397,617		387,162			383,242			368,218				355,024				3		12				397,617				355,024				12
SELECTED BALANCE SHEET DATA (average)
Total assets	$	2,658,362	$	2,665,978		$	2,497,393		$	2,260,671			$	2,266,445			—		17				$	2,607,834			$	2,173,201			20
Trading assets - debt and equity instruments	935,432		952,230			874,262			815,438				796,017				(2)		18				920,865				746,796				23
Trading assets - derivative receivables	71,283		73,390			67,591			56,598				61,132				(3)		17				70,768				58,986				20
Loans:
Loans retained	589,160		573,945			558,751			546,219				528,135				3		12				574,063				507,502				13
Loans held-for-sale and loans at fair value (a)	71,120		72,405			73,588			66,415				55,545				(2)		28				72,362				50,784				42
Total loans	660,280		646,350			632,339			612,634				583,680				2		13				646,425				558,286				16
Deposits	1,309,689		1,282,143			1,234,295			1,226,155				1,194,410				2		10				1,275,652				1,157,201				10
Equity	175,000		172,198		(c)	166,500			149,500				149,500				2		17				171,264		(c)		149,500				15
Banking & Payments loans by client coverage segment (average) (b)
Global Corporate Banking & Global Investment Banking	$	163,655	$	165,538		$	151,120		$	138,491			$	132,101			(1)		24				$	160,150			$	126,386			27
Commercial Banking	228,263		225,535			222,897			222,216				221,534				1		3				225,585				220,005				3
Commercial & Specialized Industries	79,801		78,556			76,610			75,620				75,270				2		6				78,334				74,434				5
Commercial Real Estate Banking	148,462		146,979			146,287			146,596				146,264				1		2				147,251				145,571				1
Total Banking & Payments loans	391,918		391,073			374,017			360,707				353,635				—		11				385,735				346,391				11
Employees	92,746		91,876			91,493			91,355		(d)		90,895		(d)		1		2				92,746				90,895		(d)		2

(a)Loans held-for-sale and loans at fair value primarily reflect lending-related positions originated and purchased in Markets, including loans held for securitization.

(b)Refer to page 70 of the Firm’s 2025 Form 10-K for a description of each of the client coverage segments.

(c)During the three months ended June 30, 2026, the capital allocated to CIB from Corporate was increased by $8.5 billion, compared with the capital allocated in the first quarter of 2026, in connection with growth in the business.

(d)Refer to footnote (d) on page 16 for further information on the centralization of Risk functions.

JPMORGAN CHASE & CO.
COMMERCIAL & INVESTMENT BANK
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio and employee data)
	QUARTERLY TRENDS																											NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																2026 Change
	3Q26				2Q26				1Q26				4Q25			3Q25				2Q26			3Q25					2026					2025			2025
CREDIT DATA AND QUALITY STATISTICS
Net charge-offs/(recoveries)	$	211		$	207		$	120			$	440		$	567		2		%		(63)	%			$	538		$	1,069			(50)		%
Nonperforming assets:
Nonaccrual loans:
Nonaccrual loans retained (a)	3,817			3,520			3,855				3,641			4,033			8			(5)				3,817			4,033				(5)
Nonaccrual loans held-for-sale and loans at fair value (b)	1,149			1,290			1,192				1,518			1,338			(11)			(14)				1,149			1,338				(14)
Total nonaccrual loans	4,966			4,810			5,047				5,159			5,371			3			(8)				4,966			5,371				(8)
Derivative receivables	149			171			174				204			224			(13)			(33)				149			224				(33)
Assets acquired in loan satisfactions	381			213			176				192			197			79			93				381			197				93
Total nonperforming assets	5,496			5,194			5,397				5,555			5,792			6			(5)				5,496			5,792				(5)
Allowance for credit losses:
Allowance for loan losses	8,300			8,159			7,947				7,632			7,609			2			9				8,300			7,609				9
Allowance for lending-related commitments	3,185			2,836			2,777				2,738			2,798			12			14				3,185			2,798				14
Total allowance for credit losses	11,485			10,995			10,724				10,370			10,407			4			10				11,485			10,407				10
Net charge-off/(recovery) rate (c)	0.14		%		0.14	%			0.09	%			0.32	%		0.43		%										0.13		%			0.28		%
Allowance for loan losses to period-end loans retained	1.38			1.39			1.38				1.37			1.41											1.38			1.41
Allowance for loan losses to nonaccrual loans retained (a)	217			232			206				210			189											217			189
Nonaccrual loans to total period-end loans	0.74			0.74			0.78				0.82			0.90											0.74			0.90

(a)Allowance for loan losses of $672 million, $672 million, $740 million, $597 million and $724 million were held against these nonaccrual loans at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively.

(b)Excludes mortgage loans past due and insured by U.S. government agencies, which are primarily 90 or more days past due. These loans have been excluded based upon the government guarantee. At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, mortgage loans 90 or more days past due and insured by U.S. government agencies were $207 million, $171 million, $183 million, $128 million and $93 million, respectively.

(c)Loans held-for-sale and loans at fair value were excluded when calculating the net charge-off/(recovery) rate.

JPMORGAN CHASE & CO.
COMMERCIAL & INVESTMENT BANK
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except where otherwise noted)
	QUARTERLY TRENDS																										NINE MONTHS ENDED SEPTEMBER 30,
																	3Q26 Change																2026 Change
	3Q26			2Q26				1Q26			4Q25			3Q25			2Q26			3Q25							2026				2025		2025
BUSINESS METRICS
Advisory	$	1,222	$	1,012		$	1,266		$	1,033		$	926		21	%		32	%				$	3,500			$	2,464		42		%
Equity underwriting	564		829			472			416			527			(32)		7				1,865				1,316				42
Debt underwriting	1,219		1,436			1,145			898			1,174			(15)		4				3,800				3,608				5
Total investment banking fees	$	3,005	$	3,277		$	2,883		$	2,347		$	2,627		(8)		14				$	9,165			$	7,388			24
Client deposits and other third-party liabilities (average) (a)	1,219,019		1,205,156			1,167,128			1,153,559			1,111,143			1		10				1,197,291				1,078,717				11
Assets under custody (“AUC”) (period-end) (in billions)	$	44,107	$	44,869	(e)	$	40,905		$	41,172		$	40,128		(2)		10				$	44,107			$	40,128			10
95% Confidence Level - Total CIB VaR (average)
CIB trading VaR by risk type: (b)
Fixed income	$	37	$	36		$	39		$	35		$	33		3		12
Foreign exchange	10		13			13			9			9			(23)		11
Equities	20		20			11			13			14			—		43
Commodities and other	12		14			14			23			19			(14)		(37)
Diversification benefit to CIB trading VaR (c)	(40)		(44)			(47)			(49)			(50)			9		20
CIB trading VaR (b)	39		39			30			31			25			—		56
Credit Portfolio VaR (d)	14		18			21			20			21			(22)		(33)
Diversification benefit to CIB VaR (c)	(15)		(17)			(16)			(17)			(15)			12		—
CIB VaR	$	38	$	40		$	35		$	34		$	31		(5)		23

(a)Client deposits and other third-party liabilities pertain to the Payments and Securities Services businesses.

(b)CIB trading VaR includes substantially all market-making and client-driven activities, as well as certain risk management activities in CIB, including credit spread sensitivity to CVA. Refer to VaR measurement on pages 135–138 of the Firm’s 2025 Form 10-K for further information.

(c)Diversification benefit represents the difference between the portfolio VaR and the sum of its individual components. This reflects the non-additive nature of VaR due to imperfect correlation across CIB risks.

(d)Credit Portfolio VaR includes the derivative CVA, hedges of the CVA and credit protection purchased against certain retained loans and lending-related commitments, which are reported in principal transactions revenue. This VaR does not include the retained loan portfolio, which is not reported at fair value.

(e)Revised to conform with the presentation in the Firm’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026.

JPMORGAN CHASE & CO.
ASSET & WEALTH MANAGEMENT
FINANCIAL HIGHLIGHTS
(in millions, except ratio and employee data)
	QUARTERLY TRENDS																														NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																			2026 Change
	3Q26				2Q26				1Q26				4Q25				3Q25			2Q26			3Q25								2026						2025		2025
INCOME STATEMENT
REVENUE
Asset management fees	$	4,413		$	4,227		$	4,125		$	4,372			$	3,885			4	%		14	%				$	12,765				$	11,122				15		%
Commissions and other fees	432			445			369			301				296				(3)		46				1,246					883					41
All other income	157			370			154			165				156				(58)		1				681					398					71
Noninterest revenue	5,002			5,042			4,648			4,838				4,337				(1)		15				14,692					12,403					18
Net interest income	1,907			1,809			1,726			1,678				1,729				5		10				5,442					5,154					6
TOTAL NET REVENUE	6,909			6,851			6,374			6,516				6,066				1		14				20,134					17,557					15
Provision for credit losses	84			13			(24)			2				59				NM			42				73					95					(23)
NONINTEREST EXPENSE
Compensation expense	2,406			2,322			2,339			2,256		(a)		2,125		(a)		4		13				7,067					6,275		(a)			13
Noncompensation expense	1,952			1,885			1,828			1,812		(a)		1,693		(a)		4		15				5,665					4,989		(a)			14
TOTAL NONINTEREST EXPENSE	4,358			4,207			4,167			4,068				3,818				4		14				12,732					11,264					13
Income before income tax expense	2,467			2,631			2,231			2,446				2,189				(6)		13				7,329					6,198					18
Income tax expense	624			674			456			638				531				(7)		18				1,754					1,484					18
NET INCOME	$	1,843		$	1,957		$	1,775		$	1,808			$	1,658			(6)		11				$	5,575				$	4,714				18
REVENUE BY BUSINESS
Asset Management	$	3,248		$	3,320		$	3,072		$	3,408			$	2,916			(2)		11				$	9,640				$	8,292				16
Global Private Bank	3,661			3,531			3,302			3,108				3,150				4		16				10,494					9,265					13
TOTAL NET REVENUE	$	6,909		$	6,851		$	6,374		$	6,516			$	6,066			1		14				$	20,134				$	17,557				15
FINANCIAL RATIOS
ROE	45		%	48		%	44		%	44		%		40		%										46		%			39		%
Overhead ratio	63			61			65			62				63												63					64
Pretax margin ratio:
Asset Management	35			36			34			38				35												35					33
Global Private Bank	36			40			36			37				37												38					37
Asset & Wealth Management	36			38			35			38				36												36					35
Employees	30,380			29,773			29,357			29,181		(a)		29,135		(a)		2		4				30,380					29,135		(a)			4
Number of Global Private Bank client advisors	4,460			4,119			4,110			4,101				4,050				8		10				4,460					4,050					10

(a)In the first quarter of 2026, Risk functions that were previously aligned with the LOBs were centralized into Corporate. As a result, the employees and compensation expense related to those functions are now reflected in Corporate, and a corresponding expense allocation from Corporate is reflected in noncompensation expense of the respective LOBs. These adjustments had no impact on total noninterest expense of the LOBs or Corporate. Prior periods have been revised to conform with the current presentation.

JPMORGAN CHASE & CO.
ASSET & WEALTH MANAGEMENT
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio and business metrics data)
	QUARTERLY TRENDS																														NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																			2026 Change
	3Q26				2Q26				1Q26				4Q25				3Q25			2Q26			3Q25								2026						2025		2025
SELECTED BALANCE SHEET DATA (period-end)
Total assets	$	338,451		$	323,243		$	299,179		$	288,065			$	282,322			5	%		20	%				$	338,451				$	282,322				20		%
Loans	313,240			293,386			274,902			266,385				257,988				7		21				313,240					257,988					21
Deposits	261,008			253,218			266,745			257,316				239,999				3		9				261,008					239,999					9
Equity	16,000			16,000			16,000			16,000				16,000				—		—				16,000					16,000					—
SELECTED BALANCE SHEET DATA (average)
Total assets	$	326,983		$	308,845		$	291,058		$	284,100			$	272,954			6		20				$	309,094				$	262,556				18
Loans	301,646			284,281			267,986			260,792				250,730				6		20				284,761					241,812					18
Deposits	253,528			260,092			253,706			247,065				241,454				(3)		5				255,775					244,635					5
Equity	16,000			16,000			16,000			16,000				16,000				—		—				16,000					16,000					—
CREDIT DATA AND QUALITY STATISTICS
Net charge-offs/(recoveries)	$	16		$	2		$	1		$	30			$	62			NM			(74)				$	19				$	62				(69)
Nonaccrual loans	867		(b)	1,041			1,035			1,199				1,129				(17)		(23)				867		(b)			1,129					(23)
Allowance for credit losses:
Allowance for loan losses	588			530			520			536				555				11		6				588					555					6
Allowance for lending-related commitments	44			35			33			43				52				26		(15)				44					52					(15)
Total allowance for credit losses	632			565			553			579				607				12		4				632					607					4
Net charge-off/(recovery) rate	0.02		%	—		%	—		%	0.05		%		0.10		%										0.01		%			0.03		%
Allowance for loan losses to period-end loans	0.19		(b)	0.18			0.19			0.20				0.22												0.19		(b)			0.22
Allowance for loan losses to nonaccrual loans	74		(b)	51			50			45				49												74		(b)			49
Nonaccrual loans to period-end loans	0.28			0.35			0.38			0.45				0.44												0.28					0.44
BUSINESS METRICS
Firmwide Wealth Management
Client assets (in billions) (a)	$	5,011		$	4,881		$	4,516		$	4,521			$	4,373			3		15				$	5,011				$	4,373				15
Number of client advisors	10,893			10,448			10,353			10,150				10,075				4		8				10,893					10,075					8
Stock Plan Administration
Number of stock plan participants (in thousands)	2,293			1,982			1,883			1,794				1,796				16		28				2,293					1,796					28
Client assets (in billions)	$	415		$	406		$	383		$	372			$	357			2		16				$	415				$	357				16

(a)Consists of Global Private Bank in AWM and client investment assets in J.P. Morgan Wealth Management in CCB.

(b)Included $67 million of nonaccrual loans held-for-sale at September 30, 2026, which are excluded from the allowance coverage ratio calculations.

JPMORGAN CHASE & CO.
ASSET & WEALTH MANAGEMENT
FINANCIAL HIGHLIGHTS, CONTINUED
(in billions)
																Sep 30, 2026
																Change										NINE MONTHS ENDED SEPTEMBER 30,
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Jun 30,			Sep 30,													2026 Change
CLIENT ASSETS	2026			2026			2026			2025			2025			2026			2025							2026				2025		2025
Assets by asset class
Liquidity	$	1,367	$	1,326	$	1,297		$	1,279		$	1,174		3	%		16	%				$	1,367			$	1,174		16		%
Fixed income	1,062		1,061		1,014			998			971			—		9				1,062				971				9
Equity	1,576		1,574		1,360			1,400			1,371			—		15				1,576				1,371				15
Multi-asset	955		939		880			884			855			2		12				955				855				12
Alternatives	250		240		238			230			228			4		10				250				228				10
TOTAL ASSETS UNDER MANAGEMENT	5,210		5,140		4,789			4,791			4,599			1		13				5,210				4,599				13
Custody/brokerage/administration/deposits	2,685		2,523		2,314			2,327			2,239			6		20				2,685				2,239				20
TOTAL CLIENT ASSETS (a)	$	7,895	$	7,663	$	7,103		$	7,118		$	6,838		3		15				$	7,895			$	6,838			15
Assets by client segment
Private Banking	$	1,601	$	1,559	$	1,440		$	1,414		$	1,364		3		17				$	1,601			$	1,364			17
Global Institutional	2,111		2,079		1,964			1,953			1,837			2		15				2,111				1,837				15
Global Funds	1,498		1,502		1,385			1,424			1,398			—		7				1,498				1,398				7
TOTAL ASSETS UNDER MANAGEMENT	$	5,210	$	5,140	$	4,789		$	4,791		$	4,599		1		13				$	5,210			$	4,599			13
Private Banking	$	3,938	$	3,824	$	3,549		$	3,549		$	3,423		3		15				$	3,938			$	3,423			15
Global Institutional	2,445		2,312		2,145			2,121			1,994			6		23				2,445				1,994				23
Global Funds	1,512		1,527		1,409			1,448			1,421			(1)		6				1,512				1,421				6
TOTAL CLIENT ASSETS (a)	$	7,895	$	7,663	$	7,103		$	7,118		$	6,838		3		15				$	7,895			$	6,838			15
Assets under management rollforward
Beginning balance	$	5,140	$	4,789	$	4,791		$	4,599		$	4,343										$	4,791			$	4,045
Net asset flows:
Liquidity	42		22		13			105			37											77				78
Fixed income	27		35		20			25			31											82				69
Equity	7		12		18			11			31											37				84
Multi-asset	9		6		10			11			4											25				5
Alternatives	8		(3)		6			5			6											11				(1)
Market/performance/other impacts	(23)		279		(69)			35			147											187				319
Ending balance	$	5,210	$	5,140	$	4,789		$	4,791		$	4,599										$	5,210			$	4,599
Client assets rollforward
Beginning balance	$	7,663	$	7,103	$	7,118		$	6,838		$	6,421										$	7,118			$	5,932
Net asset flows	263		148		111			206			147											522				347
Market/performance/other impacts	(31)		412		(126)			74			270											255				559
Ending balance	$	7,895	$	7,663	$	7,103		$	7,118		$	6,838										$	7,895			$	6,838

(a)Includes CCB client investment assets invested in managed accounts and J.P. Morgan mutual funds where AWM is the investment manager.

JPMORGAN CHASE & CO.
CORPORATE
FINANCIAL HIGHLIGHTS
(in millions, except employee data)
	QUARTERLY TRENDS																													NINE MONTHS ENDED SEPTEMBER 30,
																			3Q26 Change																		2026 Change
	3Q26			2Q26				1Q26				4Q25				3Q25			2Q26			3Q25								2026						2025	2025
INCOME STATEMENT
REVENUE
Principal transactions	$	(94)	$	149		$	(31)		$	(144)			$	(54)			NM			(74)	%				$	24				$	(195)				NM
Investment securities gains/(losses)	(658)		(395)			60			(72)				105				(67)	%		NM					(993)					14					NM
All other income	176		5,470		(e)	160			128				246				(97)		(28)				5,806		(e)			1,180					392		%
Noninterest revenue	(576)		5,224			189			(88)				297				NM			NM					4,837					999					384
Net interest income	669		822			1,026			1,568				1,406				(19)		(52)				2,517					4,546					(45)
TOTAL NET REVENUE (a)	93		6,046			1,215			1,480				1,703				(98)		(95)				7,354					5,545					33
Provision for credit losses	(30)		(10)			(1)			4				(3)				(200)		NM					(41)					3					NM
NONINTEREST EXPENSE	586		611			568			648		(f)(g)		445		(f)		(4)		32				1,765					1,177		(f)			50
Income/(loss) before income tax expense	(463)		5,445			648			828				1,261				NM			NM					5,630					4,365					29
Income tax expense/(benefit)	(8)		1,236			(51)			521				436				NM			NM					1,177					152		(i)			NM
NET INCOME/(LOSS)	$	(455)	$	4,209		$	699		$	307			$	825			NM			NM					$	4,453				$	4,213				6
MEMO:
TOTAL NET REVENUE
Treasury and Chief Investment Office (“CIO”)	287		793			1,337			1,601				1,687				(64)		(83)				2,417					4,900					(51)
Other Corporate	(194)		5,253		(e)	(122)			(121)				16				NM			NM					4,937		(e)			645					NM
TOTAL NET REVENUE	$	93	$	6,046		$	1,215		$	1,480			$	1,703			(98)		(95)				$	7,354				$	5,545				33
NET INCOME/(LOSS)
Treasury and CIO	161		529			842			1,120				1,166				(70)		(86)				1,532					3,445					(56)
Other Corporate	(616)		3,680		(e)	(143)			(813)				(341)				NM			(81)				2,921		(e)			768					280
TOTAL NET INCOME/(LOSS)	$	(455)	$	4,209		$	699		$	307			$	825			NM			NM					$	4,453				$	4,213				6
SELECTED BALANCE SHEET DATA (period-end)
Total assets	$	1,318,250	$	1,309,857		$	1,318,399		$	1,329,632			$	1,297,608			1		2				$	1,318,250				$	1,297,608				2
Loans	2,810		3,126			3,093			2,941				2,707				(10)		4				2,810					2,707					4
Deposits (b)	79,231		59,437			41,173			35,874				34,145				33		132				79,231					34,145					132
Employees	54,950		54,832			55,360			55,390		(f)		55,523		(f)		—		(1)				54,950					55,523		(f)			(1)
SUPPLEMENTAL INFORMATION
TREASURY and CIO
Investment securities gains/(losses)	$	(658)	$	(395)		$	60		$	(72)			$	105			(67)		NM					$	(993)				$	14				NM
Available-for-sale securities (average)	552,571		533,510			529,500			502,641				495,777		(h)		4		11				538,612					450,365		(h)			20
Held-to-maturity securities (average) (c)	273,826		270,893			269,482			283,009				269,717		(h)		1		2				271,416					267,366		(h)			2
Investment securities portfolio (average)	$	826,397	$	804,403		$	798,982		$	785,650			$	765,494			3		8				$	810,028				$	717,731				13
Available-for-sale securities (period-end)	543,234		532,368			545,706			503,896				487,277		(h)		2		11				543,234					487,277		(h)			11
Held-to-maturity securities (period-end) (c)	274,564		268,474			272,142			270,134				293,446		(h)		2		(6)				274,564					293,446		(h)			(6)
Investment securities portfolio, net of allowance for credit losses (period-end) (d)	$	817,798	$	800,842		$	817,848		$	774,030			$	780,723			2		5				$	817,798				$	780,723				5

(a)Included tax-equivalent adjustments, predominantly driven by tax-exempt income from municipal bonds, of $42 million, $44 million, $44 million, $41 million and $39 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and $130 million and $113 million for the nine months ended September 30, 2026 and 2025, respectively.

(b)Predominantly relates to the Firm's international consumer initiatives.

(c)At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, the estimated fair value of the HTM securities portfolio was $248.7 billion, $250.3 billion, $254.5 billion, $253.3 billion and $274.9 billion, respectively.

(d)At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, the allowance for credit losses on investment securities was $42 million, $59 million, $73 million, $73 million and $72 million, respectively.

(e)Included a $4.6 billion net gain related to Visa Class C common stock and $763 million of gains on certain equity investments. Refer to footnote (f) on page 2 for further information.

(f)In the first quarter of 2026, Risk functions that were previously aligned with the LOBs were centralized into Corporate. As a result, the employees and compensation expense related to those functions are now reflected in Corporate, and a corresponding expense allocation from Corporate is reflected in noncompensation expense of the respective LOBs. These adjustments had no impact on total noninterest expense of the LOBs or Corporate. Prior periods have been revised to conform with the current presentation.

(g)Included an FDIC special assessment accrual release of $326 million for the three months ended December 31, 2025. Refer to Note 6 on page 221 of the Firm’s 2025 Form 10-K for additional information.

(h)During the third quarter of 2025, the Firm transferred $44.1 billion of investment securities from AFS to HTM for asset-liability management purposes.

(i)Included a $774 million income tax benefit driven by the resolution of certain tax audits and the impact of tax regulations related to foreign currency translation gains and losses finalized in 2024 and effective for 2025.

JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION
(in millions)
																	Sep 30, 2026
																	Change
	Sep 30,			Jun 30,				Mar 31,			Dec 31,			Sep 30,			Jun 30,			Sep 30,
	2026			2026				2026			2025			2025			2026			2025
CREDIT EXPOSURE
Consumer, excluding credit card loans (a)
Loans retained	$	367,206	$	367,128		$	367,274		$	368,741		$	369,859		—	%		(1)	%
Loans held-for-sale and loans at fair value	25,896		24,615			24,386			33,517			23,225			5		12
Total consumer, excluding credit card loans	393,102		391,743			391,660			402,258			393,084			—		—
Credit card loans
Loans retained	252,697		249,876			239,123			247,797			235,475			1		7
Total credit card loans	252,697		249,876			239,123			247,797			235,475			1		7
Total consumer loans	645,799		641,619			630,783			650,055			628,559			1		3
Wholesale loans (b)
Loans retained	877,256		846,804			818,839			792,367			764,451			4		15
Loans held-for-sale and loans at fair value	61,586		54,039			53,898			51,007			42,236			14		46
Total wholesale loans	938,842		900,843			872,737			843,374			806,687			4		16
Total loans	1,584,641		1,542,462			1,503,520			1,493,429			1,435,246			3		10
Derivative receivables	78,811		67,767			71,584			57,777			59,849			16		32
Receivables from customers (c)	76,885		82,203			64,844			47,336			68,493			(6)		12
Total credit-related assets	1,740,337		1,692,432			1,639,948			1,598,542			1,563,588			3		11
Lending-related commitments
Consumer, excluding credit card	47,668		49,116			46,236			43,587			48,015			(3)		(1)
Credit card (d)(e)	1,251,607		1,224,431			1,204,016			1,177,766			1,069,963			2		17
Wholesale	634,825		622,766		(h)	604,922			595,954			596,028			2		7
Total lending-related commitments	1,934,100		1,896,313			1,855,174			1,817,307			1,714,006			2		13
Total credit exposure	$	3,674,437	$	3,588,745		$	3,495,122		$	3,415,849		$	3,277,594		2		12
Memo: Total by category
Consumer exposure (f)	$	1,945,074	$	1,915,166		$	1,881,035		$	1,871,408		$	1,746,537		2		11
Wholesale exposure (g)	1,729,363		1,673,579			1,614,087			1,544,441			1,531,057			3		13
Total credit exposure	$	3,674,437	$	3,588,745		$	3,495,122		$	3,415,849		$	3,277,594		2		12

(a)Includes scored loans held in CCB, scored mortgage and home equity loans held in AWM, and scored mortgage loans held in CIB and Corporate.

(b)Includes loans held in CIB, AWM, Corporate as well as risk-rated loans held in CCB, including business banking and J.P. Morgan Wealth Management loans held in Banking & Wealth Management, and auto dealer loans for which the wholesale methodology is applied when determining the allowance for loan losses.

(c)Receivables from customers reflect held-for-investment margin loans to brokerage clients in CIB, CCB and AWM; these are reported within accrued interest and accounts receivable on the Consolidated balance sheets.

(d)Also includes commercial card lending-related commitments primarily in CIB.

(e)As of December 31, 2025, includes the impact of the Apple Card transaction. Refer to Notes 4 and 28 of the Firm’s 2025 Form 10-K for additional information.

(f)Represents total consumer loans and lending-related commitments.

(g)Represents total wholesale loans, lending-related commitments, derivative receivables, and receivables from customers.

(h)Revised to conform with the presentation in the Firm’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026.

JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION, CONTINUED
(in millions, except ratio data)
																				Sep 30, 2026
																				Change
	Sep 30,				Jun 30,				Mar 31,				Dec 31,			Sep 30,				Jun 30,			Sep 30,
	2026				2026				2026				2025			2025				2026			2025
NONPERFORMING ASSETS (a)
Consumer nonaccrual loans
Loans retained	$	3,851		$	3,843		$	3,810			$	3,875		$	3,954		—		%		(3)	%
Loans held-for-sale and loans at fair value	699			605			589				798			646			16			8
Total consumer nonaccrual loans	4,550			4,448			4,399				4,673			4,600			2			(1)
Wholesale nonaccrual loans
Loans retained	4,202			4,191			4,524				4,398			4,740			—			(11)
Loans held-for-sale and loans at fair value	614			725			660				786			766			(15)			(20)
Total wholesale nonaccrual loans	4,816			4,916			5,184				5,184			5,506			(2)			(13)
Total nonaccrual loans	9,366			9,364			9,583				9,857			10,106			—			(7)
Derivative receivables	149			171			174				204			224			(13)			(33)
Assets acquired in loan satisfactions	481			314			292				298			305			53			58
Total nonperforming assets	9,996			9,849			10,049				10,359			10,635			1			(6)
Wholesale lending-related commitments (b)	717			799			916				925			1,025			(10)			(30)
Total nonperforming exposure	$	10,713		$	10,648		$	10,965			$	11,284		$	11,660		1			(8)
NONACCRUAL LOAN-RELATED RATIOS
Total nonaccrual loans to total loans	0.59		%		0.61	%			0.64	%			0.66	%		0.70		%
Total consumer, excluding credit card nonaccrual loans to
total consumer, excluding credit card loans	1.16			1.14			1.12				1.16			1.17
Total wholesale nonaccrual loans to total
wholesale loans	0.51			0.55			0.59				0.61			0.68

(a)Excludes mortgage loans past due and insured by U.S. government agencies, which are primarily 90 or more days past due. These loans have been excluded based upon the government guarantee. At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, mortgage loans 90 or more days past due and insured by U.S. government agencies were $267 million, $232 million, $251 million, $198 million and $158 million, respectively. In addition, the Firm’s policy is generally to exempt credit card loans from being placed on nonaccrual status as permitted by regulatory guidance. Refer to Note 12 of the Firm’s 2025 Form 10-K for additional information on the Firm’s credit card nonaccrual and charge-off policies.

(b)Represents commitments that are risk rated as nonaccrual.

JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION, CONTINUED
(in millions, except ratio data)
	QUARTERLY TRENDS																														NINE MONTHS ENDED SEPTEMBER 30,
																					3Q26 Change																			2026 Change
	3Q26				2Q26				1Q26					4Q25			3Q25				2Q26			3Q25							2026						2025			2025
SUMMARY OF CHANGES IN THE ALLOWANCES
ALLOWANCE FOR LOAN LOSSES
Beginning balance	$	26,152		$	25,928		$	25,765			$	25,735			$	24,953		1		%		5	%				$	25,765			$	24,345				6		%
Net charge-offs:
Gross charge-offs	2,843			2,995			2,911				3,099				3,181			(5)			(11)				8,749				8,941					(2)
Gross recoveries collected	(639)			(629)			(595)				(585)				(588)			(2)			(9)				(1,863)				(1,606)					(16)
Net charge-offs	2,204			2,366			2,316				2,514				2,593			(7)			(15)				6,886				7,335					(6)
Provision for loan losses	2,327			2,590			2,481				2,544				3,376			(10)			(31)				7,398				8,720					(15)
Other	(3)			—			(2)				—				(1)			NM				(200)				(5)				5					NM
Ending balance	$	26,272		$	26,152		$	25,928			$	25,765			$	25,735		—			2				$	26,272			$	25,735				2
ALLOWANCE FOR LENDING-RELATED COMMITMENTS
Beginning balance	$	5,151		$	5,091		$	5,071			$	2,964			$	2,932		1			76				$	5,071			$	2,101				141
Provision for lending-related commitments	459			63			23				2,107		(b)		31			NM				NM					545				862					(37)
Other	—			(3)			(3)				—				1			NM				NM					(6)				1					NM
Ending balance	$	5,610		$	5,151		$	5,091			$	5,071			$	2,964		9			89				$	5,610			$	2,964				89
ALLOWANCE FOR INVESTMENT SECURITIES	$	47		$	63		$	78			$	106			$	105		(25)			(55)				$	47			$	105				(55)
Total allowance for credit losses (a)	$	31,929		$	31,366		$	31,097			$	30,942			$	28,804		2			11				$	31,929			$	28,804				11
NET CHARGE-OFF/(RECOVERY) RATES
Consumer retained, excluding credit card loans	0.15		%		0.15	%			0.17	%				0.19	%		0.12		%												0.16		%				0.15		%
Credit card retained loans	2.90			3.33			3.46				3.14				3.15												3.23				3.37
Total consumer retained loans	1.27			1.42			1.47				1.35				1.29												1.38				1.37
Wholesale retained loans	0.11			0.10			0.06				0.23				0.33												0.09				0.21
Total retained loans	0.59			0.66			0.67				0.72				0.76												0.64				0.74
Memo: Average retained loans
Consumer retained, excluding credit card loans	$	366,992		$	366,710		$	367,880			$	368,485			$	370,073		—			(1)				$	367,191			$	372,166				(1)
Credit card retained loans	250,180			243,572			239,220				239,356				234,354			3			7				244,364				229,044					7
Total average retained consumer loans	617,172			610,282			607,100				607,841				604,427			1			2				611,555				601,210					2
Wholesale retained loans	855,585			825,356			793,654				775,282				747,045			4			15				825,092				718,467					15
Total average retained loans	$	1,472,757		$	1,435,638		$	1,400,754			$	1,383,123			$	1,351,472		3			9				$	1,436,647			$	1,319,677				9

(a)At September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, excludes an allowance for credit losses associated with certain accounts receivable in CIB of $119 million, $165 million, $286 million, $288 million and $285 million, respectively.

(b)Refer to footnote (g) on page 2 for additional information.

JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION, CONTINUED
(in millions, except ratio data)
																				Sep 30, 2026
																				Change
	Sep 30,				Jun 30,				Mar 31,				Dec 31,			Sep 30,				Jun 30,			Sep 30,
	2026				2026				2026				2025			2025				2026			2025
ALLOWANCE COMPONENTS AND RATIOS
ALLOWANCE FOR LOAN LOSSES
Consumer, excluding credit card
Asset-specific	$	(615)		$	(621)		$	(623)			$	(647)		$	(621)		1		%		1	%
Portfolio-based	2,415			2,417			2,412				2,567			2,524			—			(4)
Total consumer, excluding credit card	1,800			1,796			1,789				1,920			1,903			—			(5)
Credit card
Portfolio-based	15,560			15,561			15,559				15,557			15,554			—			—
Total credit card	15,560			15,561			15,559				15,557			15,554			—			—
Total consumer	17,360			17,357			17,348				17,477			17,457			—			(1)
Wholesale
Asset-specific	774			790			851				707			838			(2)			(8)
Portfolio-based	8,138			8,005			7,729				7,581			7,440			2			9
Total wholesale	8,912			8,795			8,580				8,288			8,278			1			8
Total allowance for loan losses	26,272			26,152			25,928				25,765			25,735			—			2
Allowance for lending-related commitments (a)	5,610			5,151			5,091				5,071			2,964			9			89
Allowance for investment securities	47			63			78				106			105			(25)			(55)
Total allowance for credit losses	$	31,929		$	31,366		$	31,097			$	30,942		$	28,804		2			11
CREDIT RATIOS
Consumer, excluding credit card allowance, to total
consumer, excluding credit card retained loans	0.49		%		0.49	%			0.49	%			0.52	%		0.51		%
Credit card allowance to total credit card retained loans	6.16			6.23			6.51				6.28			6.61
Wholesale allowance to total wholesale retained loans	1.02			1.04			1.05				1.05			1.08
Total allowance to total retained loans	1.75			1.79			1.82				1.83			1.88
Consumer, excluding credit card allowance, to consumer,
excluding credit card retained nonaccrual loans (b)	47			47			47				50			48
Total allowance, excluding credit card allowance, to retained
nonaccrual loans, excluding credit card nonaccrual loans (b)	133			132			124				123			117
Wholesale allowance to wholesale retained nonaccrual loans	212			210			190				188			175
Total allowance to total retained nonaccrual loans	326			326			311				311			296

(a)As of December 31, 2025, includes the impact of the Apple Card transaction. Refer to footnote (g) on page 2 for additional information.

(b)Refer to footnote (a) on page 25 for information on the Firm’s nonaccrual policy for credit card loans.

JPMORGAN CHASE & CO.

NON-GAAP FINANCIAL MEASURES

Non-GAAP Financial Measures

(a)In addition to analyzing the Firm’s results on a reported basis, management reviews Firmwide results, including the overhead ratio, on a “managed” basis; these Firmwide managed basis results are non-GAAP financial measures. The Firm also reviews the results of the LOBs on a managed basis. The Firm’s definition of managed basis starts, in each case, with the reported U.S. GAAP results and includes certain reclassifications to present total net revenue for the Firm as a whole and for each of the reportable business segments and Corporate on an FTE basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. These financial measures allow management to assess the comparability of revenue from year-to-year arising from both taxable and tax-exempt sources. The corresponding income tax impact related to tax-exempt items is recorded within income tax expense. These adjustments have no impact on net income as reported by the Firm as a whole or by each of the LOBs and Corporate.

(b)Pre-provision profit is a non-GAAP financial measure which represents total net revenue less total noninterest expense. The Firm believes that this financial measure is useful in assessing the ability of a lending institution to generate income in excess of its provision for credit losses.

(c)TCE, ROTCE, and TBVPS are each non-GAAP financial measures. TCE represents the Firm’s common stockholders’ equity (i.e., total stockholders’ equity less preferred stock) less goodwill and identifiable intangible assets (other than MSRs), net of related deferred tax liabilities. ROTCE measures the Firm’s net income applicable to common equity as a percentage of average TCE. TBVPS represents the Firm’s TCE at period-end divided by common shares at period-end. TCE, ROTCE, and TBVPS are utilized by the Firm, as well as investors and analysts, in assessing the Firm’s use of equity.

(d)In addition to reviewing net interest income (“NII”), net yield, and noninterest revenue (“NIR”) on a managed basis, management also reviews these metrics excluding Markets, which is composed of Fixed Income Markets and Equity Markets, as shown below. Markets revenue consists of principal transactions, fees, commissions and other income, as well as net interest income. These metrics, which exclude Markets, are non-GAAP financial measures. Management reviews these metrics to assess the performance of the Firm’s lending, investing (including asset-liability management) and deposit-raising activities, apart from any volatility associated with Markets activities. In addition, management also assesses Markets business performance on a total revenue basis as offsets may occur across revenue lines. For example, securities that generate net interest income may be risk-managed by derivatives that are reflected at fair value in principal transactions revenue. Management believes these measures provide investors and analysts with alternative measures to analyze the revenue trends of the Firm. For additional information on Markets revenue, refer to pages 73-74 of the Firm’s 2025 Form 10-K.

	QUARTERLY TRENDS																												NINE MONTHS ENDED SEPTEMBER 30,
																				3Q26 Change																	2026 Change
(in millions, except rates)	3Q26				2Q26				1Q26				4Q25			3Q25				2Q26				3Q25					2026					2025			2025
Net interest income - reported	$	27,036		$	25,511		$	25,366			$	24,995		$	23,966		6		%		13	%			$	77,913			$	70,448			11		%
Fully taxable-equivalent adjustments	109			111			113				113			105			(2)			4			333				312					7
Net interest income - managed basis	$	27,145		$	25,622		$	25,479			$	25,108		$	24,071		6			13			$	78,246			$	70,760				11
Less: Markets net interest income	2,419			1,945			2,199				1,251			680			24			256			6,563				2,026					224
Net interest income excluding Markets	$	24,726		$	23,677		$	23,280			$	23,857		$	23,391		4			6			$	71,683			$	68,734				4
Average interest-earning assets	$	4,336,216		$	4,287,954		$	4,135,737			$	3,923,824		$	3,895,764		1			11			$	4,254,037			$	3,804,210				12
Less: Average Markets interest-earning assets	1,688,170			1,686,445			1,599,089				1,403,245			1,404,633			—			20			1,658,228				1,349,670					23
Average interest-earning assets excluding Markets	$	2,648,046		$	2,601,509		$	2,536,648			$	2,520,579		$	2,491,131		2			6			$	2,595,809			$	2,454,540				6
Net yield on average interest-earning assets - managed basis (a)	2.48		%		2.40	%			2.50	%			2.54	%		2.45		%											2.46		%			2.49		%
Net yield on average Markets interest-earning assets	0.57			0.46			0.56				0.35			0.19											0.53				0.20
Net yield on average interest-earning assets excluding Markets (a)	3.70			3.65			3.72				3.76			3.73											3.69				3.74
Noninterest revenue - reported	$	23,136		$	31,836		$	24,470			$	20,803		$	22,461		(27)			3			$	79,442			$	66,201				20
Fully taxable-equivalent adjustments	626			564			587				856			588			11			6			1,777				1,853					(4)
Noninterest revenue - managed basis	$	23,762		$	32,400		$	25,057			$	21,659		$	23,049		(27)			3			$	81,219			$	68,054				19
Less: Markets noninterest revenue	7,901			10,133			9,360				6,988			8,264			(22)			(4)			27,394				25,517					7
Noninterest revenue excluding Markets	$	15,861		$	22,267		$	15,697			$	14,671		$	14,785		(29)			7			$	53,825			$	42,537				27
Memo: Markets total net revenue	$	10,320		$	12,078		$	11,559			$	8,239		$	8,944		(15)			15			$	33,957			$	27,543				23

(a) Includes the effect of derivatives that qualify for hedge accounting. Taxable-equivalent amounts are used where applicable. Refer to Note 5 of the Firm’s 2025 Form 10-K for additional information on hedge accounting.

Source: JPMorgan Chase & Co.. This release was filed with the U.S. Securities and Exchange Commission on Oct 13, 2026 and is reproduced here as issued. View the filing.

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EARNINGS RELEASE FINANCIAL SUPPLEMENT THIRD QUARTER 2026

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