On products and services:
The Firm’s businesses generally compete on the basis of the quality and variety of the Firm’s products and services, transaction execution, innovation, reputation and price.
JPMORGAN CHASE & CO (JPM) single-company analysis
This page is a descriptive assembly from a frozen evidence pack of public SEC filing excerpts and verified SEC companyfacts metrics. It is not a rating, recommendation, endorsement, forecast, valuation, or investment advice. Filer viewpoints are attributed to the filer and figures are as of their cited filing dates.
Informational only - not investment advice. See Disclaimer.
Back to JPM company profile. Existing company-page SVG figures remain the source for financial time-series context.
Business & segments
On financial services operations:
JPMEL is regulated by the PRA, and both JPMEL and JPM PI are regulated by the FCA with respect to their conduct of financial services in the U.K., including obligations relating to the fair treatment of customers.
On retail investment management services:
Morgan Europe Limited (“JPMEL”) and provides retail investment management services through J.P.
Financial profile
The values below are templated from verified SEC companyfacts-derived facts. The embedded SVG figures show selected annual series from the same facts.
Reported revenue: 182,447,000,000
Net margin: 31.27%
Share buybacks: 31,591,000,000
Revenue scale is shown from verified SEC companyfacts. Revenue: 182,447,000,000
Net margin is shown from verified SEC companyfacts. Net margin: 31.27%
Dividends paid are shown as reported cash outflow magnitude from verified SEC companyfacts. Dividends paid: 16,625,000,000
Share buybacks are shown as reported cash outflow magnitude from verified SEC companyfacts. Share buybacks: 31,591,000,000
| Metric | Value | Fiscal year | Period end | Source |
|---|---|---|---|---|
| Dividends paid | 16,625,000,000 | 2025 | 2025-12-31 | USD |
| Liabilities / equity | 11.21 | 2025 | 2025-12-31 | Ratio |
| Net income | 57,048,000,000 | 2025 | 2025-12-31 | USD |
| Net margin | 31.27% | 2025 | 2025-12-31 | Percent |
| Operating cash flow | -147,782,000,000 | 2025 | 2025-12-31 | USD |
| Revenue | 182,447,000,000 | 2025 | 2025-12-31 | USD |
| Return on assets | 1.29% | 2025 | 2025-12-31 | Percent |
| Return on equity | 15.74% | 2025 | 2025-12-31 | Percent |
Stated strategy
Key idiosyncratic risks
On market-making losses:
Any of the foregoing potential outcomes could cause JPMorganChase to: •suffer losses on its market-making positions or in its investment portfolio •reduce its liquidity and capital levels •increase the allowance for credit losses or recognize higher net charge-offs •hamper its ability to deliver products and services to its clients and customers •weaken its results of operations and financial condition or credit ratings, or •become subject to prolonged litigation.
On litigation and governmental proceedings:
JPMorganChase faces significant legal risks from civil and governmental proceedings, including litigation, investigations and enforcement actions.
On competition:
A highly-regulated financial services firm such as JPMorganChase can be vulnerable to competition from firms that are less regulated or unregulated.
Recent developments
On interchange income:
Net interchange income decreased as the impact of increased debit and credit card sales volume was more than offset by higher rewards costs and partner payments, and •higher card revenue in CIB Payments as a result of higher volume.
On principal-transactions revenue:
Principal transactions revenue increased, reflecting in CIB: •higher Fixed Income Markets revenue primarily driven by higher revenue in Rates and Commodities, largely offset by lower revenue in Securitized Products, Fixed Income Financing and Currencies & Emerging Markets, and •higher Equity Markets revenue, particularly in Equity Derivatives.
On net-interest-income movement:
Net interest income increased driven by higher Markets net interest income, higher revolving balances in Card Services, higher wholesale deposit balances, and the impact of investment securities activity.
On noninterest-expense movement:
These increases were predominantly offset by the absence of the $7.9 billion net gain related to Visa shares recorded in the second quarter of 2024, as well as lower card income in the current year. •Noninterest expense was $95.6 billion, up 4%, driven by higher compensation expense, including higher revenue-related compensation and growth in the number of employees.
On other-income movement:
Other income decreased, reflecting: •the absence in Corporate of the $7.9 billion net gain related to Visa shares recorded in the second quarter of 2024, partially offset by •higher auto operating lease income in CCB due to growth in volume, •the $588 million First Republic-related gain recorded in the first quarter of 2025 in Corporate, and •lower losses related to certain equity investments in CIB.