JPMORGAN CHASE & CO
10-K & 10-Q Filings
JPMorgan Chase & Co. is a leading financial services firm based in the United States with operations worldwide. It is a financial holding company and a bank holding company, and is subject to extensive regulation under U.S. federal and state laws, as well as the applicable laws of the jurisdictions outside the U.S. in which it does business. The company's business segments include Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management, as well as a Corporate segment. JPMorgan Chase's website is www.jpmorganchase.com, and its ticker symbol is JPM. The company had $3.9 trillion in assets and $327.9 billion in stockholders’ equity as of December 31, 2023. Its businesses compete in highly competitive environments and the Firm's activities are organized into four major reportable business segments. JPMorgan Chase had 309,926 employees globally as of December 31, 2023, with 60% of the employees located in the U.S. The company's culture is focused on exceptional client service, operational excellence, a commitment to integrity, fairness and responsibility, and cultivation of a great team and winning culture. JPMorgan Chase offers competitive compensation and benefits packages to its employees.
12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$97234.00
97031.00
96606.00
94205.00
93543.00
95668.00
99624.00
109029.00
115627.00
119543.00
121649.00
128695.00
158104.00
38349.00
41934.00
4.13%9.35%Net Interest Income (+)$47689.00
44910.00
43319.00
43634.00
43510.00
46083.00
50097.00
55059.00
57245.00
54563.00
52311.00
66710.00
89267.00
20711.00
23082.00
5.36%11.45%Interest Expense (-)$13604.00
11153.00
9677.00
7897.00
7463.00
9818.00
14275.00
22383.00
26795.00
9960.00
5553.00
26097.00
81321.00
16293.00
24356.00
16.07%49.49%Non Interest Income (+)$49545.00
52121.00
53287.00
50571.00
50033.00
49585.00
49527.00
53970.00
58382.00
64980.00
69338.00
61985.00
68837.00
17638.00
18852.00
2.78%6.88%Selling, General & Administrative (-)$3143.00
2577.00
2500.00
2550.00
2708.00
2897.00
2900.00
3290.00
3579.00
2476.00
3036.00
3911.00
4591.00
1045.00
1160.00
3.21%11.00%Marketing Expenses (-)$3143.00
2577.00
2500.00
2550.00
2708.00
2897.00
2900.00
3290.00
3579.00
2476.00
3036.00
3911.00
4591.00
1045.00
1160.00
3.21%11.00%Depreciation & Amortization (-)$848.00
957.00
637.00
Non-recurring Operating Expenses (-)
$76.00
Operating Expenses (-)
$62911.00
64729.00
70467.00
61274.00
59014.00
55771.00
58434.00
63394.00
65497.00
66656.00
71343.00
76140.00
87172.00
20107.00
22757.00
2.76%13.18%Operating Income/Loss (+)$34247.00
32302.00
26139.00
32931.00
34529.00
39897.00
41190.00
45635.00
50130.00
52887.00
50306.00
52555.00
70932.00
18242.00
19177.00
6.26%5.13%Provision for Loan Loss (-)$7574.00
3385.00
225.00
3139.00
3827.00
5361.00
5290.00
4871.00
5585.00
17480.00
-9256.00
6389.00
9320.00
2275.00
1884.00
1.74%-17.19%Non-operating Income/Expense (+)$1593.00
2110.00
667.00
77.00
202.00
141.00
-66.00
Earnings before Tax (+)
$26749.00
28917.00
25914.00
29792.00
30702.00
34536.00
35900.00
40764.00
44545.00
35407.00
59562.00
46166.00
61612.00
15967.00
17293.00
7.20%8.30%Tax Expense (-)$7773.00
7633.00
7991.00
8030.00
6260.00
9803.00
11459.00
8290.00
8114.00
6276.00
11228.00
8490.00
12060.00
3345.00
3874.00
3.73%15.81%Income/Loss (Continuing Operations) (+)$18976.00
21284.00
17923.00
21762.00
24442.00
24733.00
24441.00
32474.00
36431.00
29131.00
48334.00
37676.00
49552.00
12622.00
13419.00
8.33%6.31%Net Income/Loss (+)$18976.00
21284.00
17923.00
21762.00
24442.00
24733.00
24441.00
32474.00
36431.00
29131.00
48334.00
37676.00
49552.00
12622.00
13419.00
8.33%6.31%Net Income/Loss (Common) (+)$17568.00
19877.00
16593.00
20093.00
22406.00
22583.00
22567.00
30709.00
34642.00
27410.00
46503.00
35892.00
47760.00
12193.00
12942.00
8.69%6.14%EPS (Basic)$4.50
5.22
4.39
5.34
6.05
6.24
6.35
9.04
10.75
8.89
15.39
12.10
16.25
4.11
4.45
11.29%8.27%EPS (Diluted)$4.48
5.20
4.35
5.29
6.00
6.19
6.31
9.00
10.72
8.88
15.36
12.09
16.23
4.10
4.44
11.32%8.29%Weighted Avg Shares (Basic)3900.40
3809.40
3782.40
3763.50
3700.40
3618.50
3551.60
3396.40
3221.50
3082.40
3021.50
2965.80
2938.60
2968.50
2908.30
-2.33%-2.03%Weighted Avg Shares (Diluted)3920.30
3822.20
3814.90
3797.50
3732.80
3649.80
3576.80
3414.00
3230.40
3087.40
3026.60
2970.00
2943.10
2972.70
2912.80
-2.36%-2.02%Cash$380195.00
471833.00
603938.00
728111.00
573080.00
619602.00
628543.00
600381.00
512788.00
823893.00
1002532.00
882826.00
900303.00
863111.00
892675.00
7.45%3.43%Receivables$61478.00
60933.00
65160.00
70079.00
46605.00
52330.00
67729.00
73200.00
72861.00
90503.00
102570.00
125189.00
107363.00
115316.00
129823.00
4.76%12.58%Securities & Long-term Investments$1289759.00
1659671.00
1571900.00
1497579.00
1465018.00
1548274.00
1654007.00
1758646.00
1895746.00
2238285.00
2373206.00
2386251.00
2613881.00
2493727.00
2810689.00
6.06%12.71%Property, Plant & Equipment (Net)$14041.00
14519.00
14891.00
15133.00
14362.00
14131.00
14159.00
14934.00
25813.00
27109.00
27070.00
27734.00
30157.00
28266.00
30279.00
6.58%7.12%Goodwill & Intangibles$51395.00
50410.00
49699.00
48839.00
48340.00
48150.00
54392.00
54349.00
53341.00
53428.00
56691.00
60859.00
64381.00
62090.00
64374.00
1.90%3.68%Other Assets$468924.00
101775.00
110101.00
213385.00
204293.00
208485.00
114770.00
121022.00
126830.00
152853.00
181498.00
182884.00
159308.00
181795.00
162887.00
-8.60%-10.40%Assets (Total)$2265792.00
2359141.00
2415689.00
2573126.00
2351698.00
2490972.00
2533600.00
2622532.00
2687379.00
3386071.00
3743567.00
3665743.00
3875393.00
3744305.00
4090727.00
4.57%9.25%Deposits$1127806.00
1193593.00
1287765.00
1363427.00
1279715.00
1375179.00
1443982.00
1470666.00
1562431.00
2144257.00
2462303.00
2340179.00
2400688.00
2377253.00
2428409.00
6.50%2.15%Accounts Payable$202895.00
195240.00
194491.00
206954.00
177638.00
190543.00
189383.00
196710.00
210407.00
232599.00
262755.00
300141.00
290307.00
275077.00
301469.00
3.03%9.59%Debt (Current)$51631.00
82003.00
85842.00
96566.00
36667.00
34443.00
51802.00
69276.00
40920.00
45208.00
53594.00
44027.00
44712.00
42241.00
46268.00
-1.19%9.53%Securities (Liabilities)$207672.00
195109.00
187361.00
205177.00
168776.00
175706.00
149744.00
165014.00
137118.00
187759.00
369783.00
393199.00
419983.00
451163.00
582072.00
6.04%29.02%Debt (Non-current)$308406.00
331027.00
353731.00
373402.00
325318.00
329688.00
335882.00
351307.00
332418.00
326893.00
354599.00
339892.00
436537.00
337730.00
442140.00
2.94%30.92%Other Liabilities$183809.00
158100.00
95321.00
95535.00
116011.00
131223.00
107114.00
113044.00
142755.00
170001.00
Liabilities (Total)
$2082219.00
2155072.00
2204511.00
2341061.00
2104125.00
2236782.00
2277907.00
2366017.00
2426049.00
3106717.00
3449440.00
3373411.00
3547515.00
3441223.00
3754090.00
4.54%9.09%Treasury Stock$13155.00
12002.00
14847.00
17856.00
21691.00
28854.00
42595.00
60494.00
83049.00
88184.00
105415.00
107336.00
116217.00
109372.00
118046.00
19.91%7.93%Retained Earnings$88315.00
104223.00
115756.00
130315.00
146420.00
162440.00
177676.00
199202.00
223211.00
236990.00
272268.00
296456.00
332901.00
306208.00
342414.00
11.69%11.82%AOCI$944.00
4102.00
1199.00
2189.00
192.00
-1175.00
-119.00
-1507.00
1569.00
7986.00
-84.00
-17341.00
-10443.00
-14418.00
-11639.00
19.27%Shareholder's Equity$183573.00
204069.00
211178.00
232065.00
247573.00
254190.00
255693.00
256515.00
261330.00
279354.00
294127.00
292332.00
327878.00
303082.00
336637.00
4.95%11.07%Liabilities & Equity$2265792.00
2359141.00
2415689.00
2573126.00
2351698.00
2490972.00
2533600.00
2622532.00
2687379.00
3386071.00
3743567.00
3665743.00
3875393.00
3744305.00
4090727.00
4.57%9.25%Net Income/Loss$18976.00
21284.00
17923.00
21762.00
24442.00
24733.00
24441.00
32474.00
36431.00
29131.00
48334.00
37676.00
49552.00
12622.00
13419.00
8.33%6.31%Depreciation & Amortization$5105.00
5147.00
5306.00
4759.00
4940.00
5478.00
6179.00
7791.00
8368.00
8614.00
7932.00
7051.00
7512.00
1649.00
2004.00
3.27%21.53%Increase/Decrease in Working Capital$42605.00
24554.00
-3415.00
71239.00
7102.00
80195.00
143932.00
129135.00
132158.00
311408.00
311963.00
116481.00
171413.00
150231.00
219178.00
12.30%45.89%Share-based Compensation$2675.00
2545.00
2219.00
2190.00
Adjustments to Reconcile Net Income
$76956.00
3795.00
90030.00
14831.00
49024.00
-4537.00
-26942.00
-18287.00
-30385.00
-109041.00
29750.00
69443.00
-36578.00
-123863.00
-167577.00
-35.29%Net Cash (Operating)$95932.00
25079.00
107953.00
36593.00
73466.00
20196.00
-2501.00
14187.00
6046.00
-79910.00
78084.00
107119.00
12974.00
-111241.00
-154158.00
-15.36%-38.58%Capital Expenditure$-102.00
-88.00
149.00
-843.00
9920.00
Net Cash (Investing)
$-170752.00
-119825.00
-150501.00
-165636.00
106980.00
-114949.00
-10283.00
-197993.00
-54013.00
-261912.00
-129344.00
-137819.00
67643.00
23794.00
-43379.00
-282.31%Increase/Decrease in Debt$120300.00
92909.00
48442.00
122733.00
-173557.00
122003.00
40015.00
63968.00
65263.00
612362.00
308215.00
-104538.00
-9792.00
68108.00
143726.00
111.03%Increase/Decrease in Equity$
1234.00
3873.00
8847.00
5893.00
-14152.00
-18287.00
-19001.00
-2017.00
-11058.00
-3162.00
-9824.00
-2690.00
-332.00
87.66%Interest Expenses$13725.00
11161.00
9573.00
8194.00
7220.00
9508.00
14153.00
21152.00
29918.00
13077.00
5142.00
23143.00
77114.00
15287.00
22864.00
15.47%49.56%Dividends Paid$3895.00
5194.00
6056.00
6990.00
7873.00
8476.00
8993.00
10109.00
12343.00
12690.00
12858.00
13562.00
13463.00
3374.00
3493.00
10.89%3.53%Net Cash (Financing)$107706.00
87707.00
28324.00
118228.00
-187511.00
98271.00
14642.00
34158.00
32987.00
596645.00
275993.00
-126257.00
-25571.00
64557.00
141168.00
118.67%Cash Taxes Paid$8153.00
2050.00
3502.00
1392.00
9423.00
2405.00
4325.00
3542.00
5624.00
7661.00
18737.00
4355.00
9908.00
1382.00
1585.00
1.64%14.69%Effect of Exchange Rate$-851.00
1160.00
272.00
-1125.00
-276.00
-135.00
96.00
-2863.00
-182.00
9155.00
-11508.00
-16643.00
1871.00
1656.00
-5666.00
-442.15%Increase/Decrease in Cash$32035.00
-5879.00
-13952.00
-11940.00
-7341.00
3383.00
1954.00
-152511.00
-15162.00
263978.00
213225.00
-173600.00
56917.00
-21234.00
-62035.00
4.91%-192.15%Cash (Beginning)$27567.00
59602.00
53723.00
39771.00
27831.00
20490.00
23873.00
431304.00
278793.00
263631.00
527609.00
740834.00
567234.00
567234.00
624151.00
28.66%10.03%Cash (Ending)$59602.00
53723.00
39771.00
27831.00
20490.00
23873.00
25827.00
278793.00
263631.00
527609.00
740834.00
567234.00
624151.00
546000.00
562116.00
21.62%2.95%NOPAT$23808.64
30012.03
22606.59
31392.33
23931.42
37118.67
36227.69
41669.76
43800.87
41443.86
34480.75
47597.30
59525.22
16663.09
17419.32
7.94%4.54%Operating Margin %35.22%
33.29%
27.06%
34.96%
36.91%
41.70%
41.35%
41.86%
43.35%
44.24%
41.35%
40.84%
44.86%
47.57%
45.73%
NOPAT Margin %24.49%
30.93%
23.40%
33.32%
25.58%
38.80%
36.36%
38.22%
37.88%
34.67%
28.34%
36.98%
37.65%
43.45%
41.54%
Net Margin %19.52%
21.94%
18.55%
23.10%
26.13%
25.85%
24.53%
29.78%
31.51%
24.37%
39.73%
29.28%
31.34%
32.91%
32.00%
Tax Rate %30.48%
7.09%
13.51%
4.67%
30.69%
6.96%
12.05%
8.69%
12.63%
21.64%
31.46%
9.43%
16.08%
8.66%
9.17%
ROA1.05%
1.27%
0.94%
1.22%
1.02%
1.49%
1.43%
1.59%
1.63%
1.22%
0.92%
1.30%
1.54%
0.45%
0.43%
ROE12.97%
14.71%
10.70%
13.53%
9.67%
14.60%
14.17%
16.24%
16.76%
14.84%
11.72%
16.28%
18.15%
5.50%
5.17%
Equity Multiplier12.34
11.56
11.44
11.09
9.50
9.80
9.91
10.22
10.28
12.12
12.73
12.54
11.82
12.35
12.15
Debt/Equity Ratio8.10
7.87
8.18
7.90
6.63
6.84
7.16
7.37
7.41
9.01
9.76
9.32
8.79
9.10
8.66
Dividend Payout Ratio %16.36%
17.31%
26.79%
22.27%
32.90%
22.83%
24.82%
24.26%
28.18%
30.62%
37.29%
28.49%
22.62%
20.25%
20.05%
Total Payout$3895.00
3960.00
2183.00
-1857.00
1980.00
8476.00
23145.00
28396.00
31344.00
14707.00
23916.00
16724.00
23287.00
6064.00
3825.00
16.07%-36.92%Payout Ratio %16.36%
13.19%
9.66%
-5.92%
8.27%
22.83%
63.89%
68.15%
71.56%
35.49%
69.36%
35.14%
39.12%
36.39%
21.96%