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JPM
JPMORGAN CHASE & COFinancialsanswer key
| field | SEC value | XBRL concept | printed on |
|---|---|---|---|
| Total revenue | $182.4B | Revenues | Total net revenue |
| Operating income | - | not reported | not in this filing's XBRL |
| Net income attributable to the company | $57.0B | NetIncomeLoss | Net income |
| Diluted EPS | $20.02 | EarningsPerShareDiluted | Diluted earnings per share |
| Cash and cash equivalents | $21.7B | CashAndDueFromBanks | Cash and due from banks |
| Total assets | $4.42T | Assets | Total assets(a) · Total liabilities and stockholders’ equity |
| Total liabilities | $4.06T | Liabilities | Total liabilities(a) |
| Total shareholders' equity attributable to the company | $362.4B | StockholdersEquity | Total stockholders’ equity |
| Net cash from operating activities | -$147.8B | NetCashProvidedByUsedInOperatingActivities | Net cash (used in)/provided by operating activities |
| Net cash from investing activities | -$265.6B | NetCashProvidedByUsedInInvestingActivities | Net cash (used in)/provided by investing activities |
| Net cash from financing activities | $269.5B | NetCashProvidedByUsedInFinancingActivities | Net cash provided by/(used in) financing activities |
Income statement
table #327 · score 52.8 vs 35 runner-up · in millions| Year ended December 31, (in millions, except per share data) | 2025 | 2024 | 2023 |
| Revenue | |||
| Investment banking fees | 9,615 | 8,910 | 6,519 |
| Principal transactions | 27,212 | 24,787 | 24,460 |
| Lending- and deposit-related fees | 9,093 | 7,606 | 7,413 |
| Asset management fees | 20,327 | 17,801 | 15,220 |
| Commissions and other fees | 8,539 | 7,530 | 6,836 |
| Investment securities losses | (57) | (1,021) | (3,180) |
| Mortgage fees and related income | 1,381 | 1,401 | 1,176 |
| Card income | 4,720 | 5,497 | 4,784 |
| Other income | 6,174 | 12,462 | 5,609 |
| Noninterest revenue | 87,004 | 84,973 | 68,837 |
| Interest income | 193,341 | 193,933 | 170,588 |
| Interest expense | 97,898 | 101,350 | 81,321 |
| Net interest income | 95,443 | 92,583 | 89,267 |
| Total net revenue | 182,447 | 177,556 | 158,104 |
| Provision for credit losses | 14,212 | 10,678 | 9,320 |
| Noninterest expense | |||
| Compensation expense | 54,487 | 51,357 | 46,465 |
| Occupancy expense | 5,461 | 5,026 | 4,590 |
| Technology, communications and equipment expense | 11,029 | 9,831 | 9,246 |
| Professional and outside services | 12,356 | 11,057 | 10,235 |
| Marketing | 5,531 | 4,974 | 4,591 |
| Other expense | 6,776 | 9,552 | 12,045 |
| Total noninterest expense | 95,640 | 91,797 | 87,172 |
| Income before income tax expense | 72,595 | 75,081 | 61,612 |
| Income tax expense | 15,547 | 16,610 | 12,060 |
| Net income | 57,048 | 58,471 | 49,552 |
| Net income applicable to common stockholders | 55,681 | 56,868 | 47,760 |
| Net income per common share data | |||
| Basic earnings per share | 20.05 | 19.79 | 16.25 |
| Diluted earnings per share | 20.02 | 19.75 | 16.23 |
| Weighted-average basic shares | 2,776.5 | 2,873.9 | 2,938.6 |
| Weighted-average diluted shares | 2,781.5 | 2,879.0 | 2,943.1 |
Balance sheet
table #331 · score 53.3 vs 39 runner-up · in millions| December 31, (in millions, except share data) | 2025 | 2024 |
| Assets | ||
| Cash and due from banks | 21,742 | 23,372 |
| Deposits with banks | 321,596 | 445,945 |
| Federal funds sold and securities purchased under resale agreements (included $327,018 and $286,771 at fair value) | 336,426 | 295,001 |
| Securities borrowed (included $98,111 and $83,962 at fair value) | 286,191 | 219,546 |
| Trading assets (included assets pledged of $165,927 and $136,070) | 802,873 | 637,784 |
| Available-for-sale securities (amortized cost of $507,226 and $411,045; included assets pledged of $7,735 and $10,162) | 507,198 | 406,852 |
| Held-to-maturity securities | 270,134 | 274,468 |
| Investment securities, net of allowance for credit losses | 777,332 | 681,320 |
| Loans (included $70,684 and $41,350 at fair value) | 1,493,429 | 1,347,988 |
| Allowance for loan losses | (25,765) | (24,345) |
| Loans, net of allowance for loan losses | 1,467,664 | 1,323,643 |
| Accrued interest and accounts receivable | 111,599 | 101,223 |
| Premises and equipment | 36,244 | 32,223 |
| Goodwill, MSRs and other intangible assets | 64,458 | 64,560 |
| Other assets (included $15,849 and $15,122 at fair value and assets pledged of $11,984 and $6,288) | 198,775 | 178,197 |
| Total assets(a) | 4,424,900 | 4,002,814 |
| Liabilities | ||
| Deposits (included $20,930 and $33,768 at fair value) | 2,559,320 | 2,406,032 |
| Federal funds purchased and securities loaned or sold under repurchase agreements (included $360,194 and $226,329 at fair value) | 442,396 | 296,835 |
| Short-term borrowings (included $32,460 and $26,521 at fair value) | 64,776 | 52,893 |
| Trading liabilities | 216,019 | 192,883 |
| Accounts payable and other liabilities (included $6,660 and $5,893 at fair value) | 316,794 | 280,672 |
| Beneficial interests issued by consolidated VIEs (included $5 and $1 at fair value) | 27,951 | 27,323 |
| Long-term debt (included $134,559 and $100,780 at fair value) | 435,206 | 401,418 |
| Total liabilities(a) | 4,062,462 | 3,658,056 |
| Commitments and contingencies (refer to Notes 28, 29 and 30) | ||
| Stockholders’ equity | ||
| Preferred stock ($1 par value; authorized 200,000,000 shares: issued 2,005,375 and 2,005,375 shares) | 20,045 | 20,050 |
| Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) | 4,105 | 4,105 |
| Additional paid-in capital | 91,114 | 90,911 |
| Retained earnings | 416,055 | 376,166 |
| Accumulated other comprehensive losses | (4,290) | (12,456) |
| Treasury stock, at cost (1,408,661,319 and 1,307,313,494 shares) | (164,591) | (134,018) |
| Total stockholders’ equity | 362,438 | 344,758 |
| Total liabilities and stockholders’ equity | 4,424,900 | 4,002,814 |
Cash flow statement
table #336 · score 55 vs 36.3 runner-up · in millions| Year ended December 31, (in millions) | 2025 | 2024 | 2023 |
| Operating activities | |||
| Net income | 57,048 | 58,471 | 49,552 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 14,212 | 10,678 | 9,320 |
| Depreciation and amortization | 8,821 | 7,938 | 7,512 |
| Deferred tax (benefit)/expense | 5,611 | 2,004 | (4,534) |
| Estimated bargain purchase gain associated with the First Republic acquisition | - | (103) | (2,775) |
| Initial gain on the Visa share exchange | - | (7,990) | - |
| Other | 1,309 | 1,985 | 4,301 |
| Originations and purchases of loans held-for-sale | (260,772) | (212,238) | (115,245) |
| Proceeds from sales, securitizations and paydowns of loans held-for-sale | 235,232 | 205,303 | 116,430 |
| Net change in: | |||
| Trading assets | (156,461) | (95,729) | (74,091) |
| Securities borrowed | (66,648) | (18,762) | (14,902) |
| Accrued interest and accounts receivable | (11,514) | 5,735 | 19,928 |
| Other assets | (12,582) | (7,650) | 32,970 |
| Trading liabilities | 23,134 | 2,276 | 5,315 |
| Accounts payable and other liabilities | 5,270 | (90) | (25,388) |
| Other operating adjustments | 9,558 | 6,160 | 4,581 |
| Net cash (used in)/provided by operating activities | (147,782) | (42,012) | 12,974 |
| Investing activities | |||
| Net change in: | |||
| Federal funds sold and securities purchased under resale agreements | (41,264) | (18,706) | 39,740 |
| Held-to-maturity securities: | |||
| Proceeds from paydowns and maturities | 54,791 | 99,363 | 53,056 |
| Purchases | (5,432) | (4,709) | (4,141) |
| Available-for-sale securities: | |||
| Proceeds from paydowns and maturities | 37,414 | 38,499 | 53,744 |
| Proceeds from sales | 141,295 | 104,625 | 108,434 |
| Purchases | (308,772) | (352,712) | (115,499) |
| Proceeds from sales and securitizations of loans held-for-investment | 57,565 | 57,921 | 47,312 |
| Other changes in loans, net | (188,497) | (83,176) | (88,343) |
| Net cash used in First Republic Acquisition | - | (2,362) | (9,920) |
| All other investing activities, net | (12,665) | (2,146) | (16,740) |
| Net cash (used in)/provided by investing activities | (265,565) | (163,403) | 67,643 |
| Financing activities | |||
| Net change in: | |||
| Deposits | 153,168 | 3,299 | (32,196) |
| Federal funds purchased and securities loaned or sold under repurchase agreements | 145,535 | 80,288 | 13,801 |
| Short-term borrowings | 9,422 | 7,439 | (1,934) |
| Beneficial interests issued by consolidated VIEs | (622) | 1,543 | 9,029 |
| Proceeds from long-term borrowings | 120,761 | 109,915 | 75,417 |
| Payments of long-term borrowings | (108,100) | (96,605) | (64,880) |
| Proceeds from issuance of preferred stock | 3,000 | 2,500 | - |
| Redemption of preferred stock | (3,000) | (9,850) | - |
| Treasury stock repurchased | (31,591) | (18,830) | (9,824) |
| Dividends paid | (16,625) | (14,783) | (13,463) |
| All other financing activities, net | (2,415) | (1,469) | (1,521) |
| Net cash provided by/(used in) financing activities | 269,533 | 63,447 | (25,571) |
| Effect of exchange rate changes on cash and due from banks and deposits with banks | 17,835 | (12,866) | 1,871 |
| Net increase/(decrease) in cash and due from banks and deposits with banks | (125,979) | (154,834) | 56,917 |
| Cash and due from banks and deposits with banks at the beginning of the period | 469,317 | 624,151 | 567,234 |
| Cash and due from banks and deposits with banks at the end of the period | 343,338 | 469,317 | 624,151 |
| Cash interest paid | 96,436 | 99,642 | 77,114 |
| Cash income taxes paid, net | 5,309 | 11,715 | 9,908 |