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JPMorgan Chase (JPM) financial statements: income, balance sheet and cash flow

NYSE: JPM · Financials · United States

Signed off by OffScriptBySami on  · Updated

Data as of  · For information only, not investment advice.

In brief

JPMorgan Chase (NYSE: JPM) reported net interest income of USD 25.5 billion and net income of USD 21.2 billion for Q2 2026, in its Form 10-Q for the quarter ended 30 Jun 2026. On 30 Jun 2026, loans stood at USD 1.52 trillion against deposits of USD 2.71 trillion, within total assets of USD 5.02 trillion.

Data as of Source: Form 10-Q for Q2 2026, filed

Key facts

Data as of

JPMorgan Chase (NYSE: JPM) · USD · fiscal year ends 31 December · figures from SEC filings; derived values are marked.

Net interest income, TTM (USD bn)
99.8
TTM to · derived
Net income, TTM (USD bn)
65.1
TTM to · derived
Total assets (USD trn)
5.02
at · Form 10-Q
Deposits (USD trn)
2.71
at · Form 10-Q
Loans, net of allowance (USD trn)
1.52
at · Form 10-Q
Cost-to-income ratio, TTM
51.4%
TTM to · derived
Total capital ratio, Standardized (as reported)
17.0%
at · Form 10-Q

What the numbers show

JPMorgan Chase's income statement for Q2 2026, the quarter ended 30 Jun 2026, shows net income of USD 21.2 billion. Net interest income was USD 25.5 billion, the bank's earnings on loans and securities after funding costs. Non-interest income reached USD 31.8 billion, and the 10-Q lists an initial gain on the Visa share exchange within it. Together they made USD 57.3 billion of revenue by our calculation, up 27.7% on Q2 2025.

Net interest income accounted for most of the revenue increase across the five fiscal years. It rose from USD 52.3 billion in FY2021 to USD 95.4 billion in FY2025, a compound annual rate of 16.2%. Operating expenses grew at a lower rate than revenue, so the cost-to-income ratio, our calculation, fell from 58.6% to 52.4%. The FY2021 revenue change carries R: a later 10-K revised the FY2020 base.

Credit costs moved the other way. In FY2021 the provision for credit losses was negative, a net benefit of USD 9.26 billion as the allowance for credit losses shrank. By FY2025 it was a charge of USD 14.2 billion, and net income grew 4.2% a year over the four years. In Q2 2026 the provision was USD 2.5 billion, against USD 4.66 billion in Q4 2025, a D figure.

JPMorgan Chase's balance sheet reached USD 5.02 trillion of total assets at 30 Jun 2026, funded mainly by deposits of USD 2.71 trillion. Loans were USD 1.52 trillion, a loan-to-deposit ratio of 55.9%, against 43.1% at the end of FY2021. The other assets on the 10-Q balance sheet include cash, investment securities and trading assets. The 10-Q reports a total capital ratio of 17.0% under the Standardized approach at the same date.

A bank's cash flow statement reflects its balance sheet as well as its profit. The statement puts deposits under financing, most loan flows under investing and trading assets under operating activities. FY2025 shows an operating outflow of USD 148 billion and a financing inflow of USD 270 billion. Q2 2026 figures are half-year totals less Q1, marked D, with an operating outflow of USD 25.3 billion.

Diluted EPS was USD 7.70 per share in Q2 2026, against USD 5.24 per share a year earlier. The diluted count was 2,694 million shares, and repurchases used USD 6.79 billion of cash in the quarter, a D figure. Over FY2021 to FY2025, diluted EPS rose from USD 15.36 per share to USD 20.02 per share, while the diluted count fell. JPMorgan Chase stock fundamentals follows the buybacks by year.

Income statement

Chart 1

JPMorgan Chase quarterly total net revenue, Q3 2024 to Q2 2026

USD bn · quarters ended to

Total net revenue by quarter, from USD 42.7 bn in Q3 2024 to USD 57.3 bn in Q2 2026.020406057.3Q32024Q4Q12025Q2Q3Q4Q12026Q2stockfactsheet.com
Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

Annual

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Table 1 JPMorgan Chase income statement, annual, FY2021–FY2025 (USD millions) USD millions, except per-share data (USD) and percentages · Fiscal year ends 31 December
USD mFY2025ended FY2024ended FY2023ended FY2022ended FY2021ended CAGRFY21–FY25
Net interest income95,44392,58389,26766,71052,311increased 16.2%
Non-interest income87,00484,97368,83761,98569,338increased 5.8%
Total net revenue182,447 D177,556 D158,104 D128,695 D121,649 Dincreased 10.7%
Total net revenue YoY %increased 2.8%increased 12.3%increased 22.9%increased 5.8%increased 1.4% Rnot available
Provision for credit losses14,21210,6789,3206,389−9,256n/m
Operating expenses95,64091,79787,17276,14071,343increased 7.6%
Net income57,04858,47149,55237,67648,334increased 4.2%
Cost-to-income %52.4%51.7%55.1%59.2%58.6%not available
Per share
Diluted EPS (USD)20.0219.7516.2312.0915.36increased 6.8%
Diluted shares (m)2,7822,8792,9432,9703,027not available
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

  • D Total net revenue = net interest income + non-interest income, from the same filing.
  • R Uses FY2020 total net revenue as restated in Form 10-K filed (USD 119,951 m; originally reported USD 119,543 m in Form 10-K filed ).
  • Not available
  • Not meaningful

CAGR: compound annual growth rate from FY2021 to FY2025, our calculation; n/m when the endpoints differ in sign or the base is zero or negative.

Totals may not add up because of rounding.

Arrows show direction of change only, not whether a change is good or bad.

Quarterly

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Table 2 JPMorgan Chase income statement, quarterly, Q3 2024–Q2 2026 (USD millions) USD millions, except per-share data (USD) and percentages · Fiscal year ends 31 December
USD mQ2 2026ended Q1 2026ended Q4 2025ended Q3 2025ended Q2 2025ended Q1 2025ended Q4 2024ended Q3 2024ended
Net interest income25,51125,36624,995 D23,96623,20923,27323,350 D23,405
Non-interest income31,83624,47020,803 D22,46121,70322,03719,418 D19,249
Total net revenue57,347 D49,836 D45,798 D46,427 D44,912 D45,310 D42,768 D42,654 D
Total net revenue YoY %increased 27.7%increased 10.0%increased 7.1%increased 8.8%decreased 10.5%increased 8.1%increased 10.9%increased 7.0%
Provision for credit losses2,5152,5074,655 D3,4032,8493,3052,631 D3,111
Operating expenses27,31626,85023,983 D24,28123,77923,59722,762 D22,565
Net income21,15516,49413,025 D14,39314,98714,64314,005 D12,898
Cost-to-income %47.6%53.9%52.4%52.3%52.9%52.1%53.2%52.9%
Per share
Diluted EPS (USD)7.705.94not available5.075.245.07not available4.37
Diluted shares (m)2,6942,720not available2,7682,7942,824not available2,866
(opens in new tab)

Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

  • D Fourth quarter derived as the fiscal year minus the nine-month year-to-date total.
  • D Total net revenue = net interest income + non-interest income, from the same filing.
  • Not available

Totals may not add up because of rounding.

Arrows show direction of change only, not whether a change is good or bad.

Balance sheet

Annual

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Table 3 JPMorgan Chase balance sheet, annual, FY2021–FY2025 (USD millions) USD millions
USD mFY2025at FY2024at FY2023at FY2022at FY2021at
Loans, net of allowance1,467,6641,323,6431,301,2861,115,9211,061,328
Deposits2,559,3202,406,0322,400,6882,340,1792,462,303
Total assets4,424,9004,002,8143,875,3933,665,7433,743,567
Total liabilities4,062,4623,658,0563,547,5153,373,4113,449,440
Shareholders' equity362,438344,758327,878292,332294,127
Loan-to-deposit %57.3%55.0%54.2%47.7%43.1%
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

Totals may not add up because of rounding.

Quarterly

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Table 4 JPMorgan Chase balance sheet, quarterly, Q3 2024–Q2 2026 (USD millions) USD millions
USD mQ2 2026at Q1 2026at Q4 2025at Q3 2025at Q2 2025at Q1 2025at Q4 2024at Q3 2024at
Loans, net of allowance1,516,3101,477,5921,467,6641,409,5111,387,0391,330,4871,323,6431,316,062
Deposits2,713,7002,675,5202,559,3202,548,4762,562,3802,495,8772,406,0322,430,772
Total assets5,015,0694,900,4754,424,9004,560,2054,552,4824,357,8564,002,8144,210,048
Total liabilities4,640,4714,536,4374,062,4624,199,9934,195,5584,006,4363,658,0563,864,212
Shareholders' equity374,598364,038362,438360,212356,924351,420344,758345,836
Loan-to-deposit %55.9%55.2%57.3%55.3%54.1%53.3%55.0%54.1%
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

Totals may not add up because of rounding.

Cash flow

Annual

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Table 5 JPMorgan Chase cash flow, annual, FY2021–FY2025 (USD millions) USD millions · outflows shown with a minus sign
USD mFY2025ended FY2024ended FY2023ended FY2022ended FY2021ended
Cash from operations−147,782−42,01212,974107,11978,084
Dividends paid−16,625−14,783−13,463−13,562−12,858
Share buybacks−31,591−18,830−9,824−3,162−18,408
Cash from investing−265,565−163,40367,643−137,819−129,344
Cash from financing269,53363,447−25,571−126,257275,993
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

Quarterly

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Table 6 JPMorgan Chase cash flow, quarterly, Q3 2024–Q2 2026 (USD millions) USD millions · outflows shown with a minus sign
USD mQ2 2026ended Q1 2026ended Q4 2025ended Q3 2025ended Q2 2025ended Q1 2025ended Q4 2024ended Q3 2024ended
Cash from operations−25,283 D−211,761119,724 D−45,214 D29,547 D−251,839147,758 D−74,081 D
Dividends paid−4,342 D−4,374−4,417 D−4,180 D−4,205 D−3,823−3,858 D−3,655 D
Share buybacks−6,788 D−8,325−8,264 D−8,293 D−7,506 D−7,528−4,301 D−6,361 D
Cash from investing6,393 D−217,76946,882 D−21,311 D−173,060 D−118,07617,620 D−43,405 D
Cash from financing18,802 D400,677−123,557 D−47,773 D122,804 D318,059−115,705 D10,746 D
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

  • D Quarter derived from year-to-date totals: the six- or nine-month figure minus the earlier quarters.
  • D Fourth quarter derived as the fiscal year minus the nine-month year-to-date total.

Per share and dividends

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Table 7 JPMorgan Chase per-share data and dividends, annual, FY2021–FY2025 USD per share, split-adjusted · shares in millions
USDFY2025ended FY2024ended FY2023ended FY2022ended FY2021ended
Basic EPS (USD)20.0519.7916.2512.1015.39
Diluted EPS (USD)20.0219.7516.2312.0915.36
Dividends declared per share (USD)5.804.804.104.003.80
Diluted shares (m)2,7822,8792,9432,9703,027
Shares outstanding at year end (m)2,6962,7982,8772,9342,944
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Source: JPMorgan Chase Forms 10-Q and 10-K, SEC EDGAR Data as of

Notes on these figures

  • R Restated
    • Uses FY2020 total net revenue as restated in Form 10-K filed (USD 119,951 m; originally reported USD 119,543 m in Form 10-K filed ).
  • D Derived by StockFactsheet
    • Total net revenue = net interest income + non-interest income, from the same filing.
    • Fourth quarter derived as the fiscal year minus the nine-month year-to-date total.
    • Quarter derived from year-to-date totals: the six- or nine-month figure minus the earlier quarters.
  • Template: bank statement set (net interest income, deposits and loans).
  • Arrows show direction of change only, not whether a change is good or bad.

How we got these numbers

Every figure comes from JPMorgan Chase's Forms 10-Q and 10-K as filed with the SEC. Derived values are marked D and explained below.

Full method for this page
Source documents
Forms 10-Q (Q3 2024 to Q2 2026) and 10-K (FY2021 to FY2025)
Period covered
8 quarters and 5 fiscal years
Calculations
TTM = sum of the last 4 quarters. Q4 = fiscal year minus the nine-month YTD. Total net revenue = net interest income + non-interest income. Cost-to-income = operating expenses ÷ total net revenue (our calculation).
Restatements
FY2020 total net revenue, the base of the FY2021 YoY change, was restated in Form 10-K filed (originally USD 119,543 m).
Comparator
None: this page shows the company's own figures only.
Currency
As reported (USD); no FX conversion.
Read the full methodology

CSV downloads

One file per statement, with the annual and quarterly figures on this page in full units.

Sources and data

Data as of Figures are as reported in the filings below. Derived figures are our calculations (see Methodology).

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  1. [1] Filing Form 10-Q, quarter ended 30 Jun 2026 JPMorgan Chase & Co. · · sec.gov
  2. [2] Filing Form 10-Q, quarter ended 31 Mar 2026 JPMorgan Chase & Co. · · sec.gov
  3. [3] Filing Form 10-K, fiscal year ended 31 Dec 2025 JPMorgan Chase & Co. · · sec.gov
  4. [4] Filing Form 10-Q, quarter ended 30 Sep 2025 JPMorgan Chase & Co. · · sec.gov
  5. [5] Filing Form 10-Q, quarter ended 30 Jun 2025 JPMorgan Chase & Co. · · sec.gov
  6. [6] Filing Form 10-Q, quarter ended 31 Mar 2025 JPMorgan Chase & Co. · · sec.gov
  7. [7] Filing Form 10-K, fiscal year ended 31 Dec 2024 JPMorgan Chase & Co. · · sec.gov
  8. [8] Filing Form 10-Q, quarter ended 30 Sep 2024 JPMorgan Chase & Co. · · sec.gov
  9. [9] Filing Form 10-K, fiscal year ended 31 Dec 2023 JPMorgan Chase & Co. · · sec.gov
  10. [10] Filing Form 10-K, fiscal year ended 31 Dec 2022 JPMorgan Chase & Co. · · sec.gov
  11. [11] Filing Form 10-K, fiscal year ended 31 Dec 2021 JPMorgan Chase & Co. · · sec.gov
  12. [12] Filing Form 10-Q, quarter ended 30 Jun 2024 JPMorgan Chase & Co. · · sec.gov
  13. [13] Filing Form 10-Q, quarter ended 31 Mar 2024 JPMorgan Chase & Co. · · sec.gov
  14. [14] Filing Form 10-Q, quarter ended 30 Sep 2023 JPMorgan Chase & Co. · · sec.gov
  15. [15] Filing Form 10-K, fiscal year ended 31 Dec 2020 JPMorgan Chase & Co. · · sec.gov
  16. [16] Our dataset StockFactsheet fundamentals dataset, extracted from SEC EDGAR XBRL on ; derived values (Q4, TTM, free cash flow, net debt, margins, growth rates and ratios) are explained in Methodology.

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Cite this page

StockFactsheet (2026). "JPMorgan Chase (JPM) financial statements: income, balance sheet and cash flow." Signed off by OffScriptBySami. Updated ; data as of . https://stockfactsheet.com/stocks/jpm/financials/

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For information only. StockFactsheet does not recommend buying, selling or holding any security. Figures can contain errors; always check the original filings. Full disclaimer

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