J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

JPMORGAN CHASE & CO. CORPORATE FINANCIAL HIGHLIGHTS (in millions, except headcount data) INCOME STATEMENT REVENUE Principal transactions Investment securities gains/(losses) All other income Noninterest revenue Net interest income TOTAL NET REVENUE (a) Provision for credit losses NONINTEREST EXPENSE Income/(loss) before income tax expense/(benefit) Income tax expense/(benefit) (b) NET INCOME/(LOSS) (b) MEMO: TOTAL NET REVENUE Treasury and Chief Investment Office ("CIO") Other Corporate TOTAL NET REVENUE NET INCOME/(LOSS) Treasury and CIO Other Corporate (b) TOTAL NET INCOME/(LOSS) (b) SELECTED BALANCE SHEET DATA (period-end) Total assets Loans Deposits Headcount SUPPLEMENTAL INFORMATION TREASURY and CIO Investment securities gains/(losses) Available-for-sale securities (average) Held-to-maturity securities (average) (c) Investment securities portfolio (average) Available-for-sale securities (period-end) Held-to-maturity securities, net of allowance for credit losses. (period-end) (c) Investment securities portfolio, net of allowance for credit losses (period-end) (d) $ $ $ $ $ $ 3Q22 $ (76) (959) (59) (1,094) 792 (302) (21) 305 (586) (292) (294) $1,408,726 (180) (122) (302) (68) (226) (294) 2,206 14,449 (e) 42,806 (959) 209,008 436,302 645,310 186,441 430,106 616,547 $ $ $ 2Q22 $ 17 (153) (108) (244) 324 80 28 206 (154) 20 (174) 82 (2) 80 88 (262) (174) $ 1,459,528 2,187 13,191 (e) 40,348 (153) 252,121 418,843 670,964 220,213 441,649 661,862 $ $ $ 1Q22 $ QUARTERLY TRENDS (161) (394) 210 (345) (536) (881) 29 184 (1,094) (238) (856) (944) 63 (881) (748) (108) (856) $1,539,844 1,957 1,434 39,802 (394) 304,314 364,814 $ 669,128 310,909 366,585 $ 677,494 $ $ $ 4Q21 $ 26 52 58 136 (681) (545) 23 251 (819) (169) (650) (480) (65) (545) (428) (222) (650) $ 1,518,100 1,770 396 38,952 52 290,590 349,989 640,579 306,352 363,707 670,059 $ $ $ $ D 3Q21 $ (103) (256) 117 (242) (1,054) (1,296) $ (7) 160 (1,449) (533) (916) (1,198) (98) (1,296) $ 1,459,283 1,697 546 (998) 82 (916) 38,302 (256) 223,747 339,544 563,291 249,484 343,542 $ 593,026 3Q22 Change 2Q22 NM NM 45 (348) 144 NM NM 48 (281) NM (69) NM NM NM NM 14 (69) (3) 1 10 6 NM (17) 4 (4) (15) (3) (7) JPMORGAN CHASE & CO. 3Q21 26% (275)% NM (352) NM 77 (200) 91 60 45 68 85 (24) 77 93 NM 68 (3) 30 NM 12 (275) (7) 28 15 (25) 25 $ $ $ NINE MONTHS ENDED SEPTEMBER 30, $ 2022 695 (1,834) (510) $ (1,324) (220) (1,506) 43 $ (1,683) 580 (1,103) 36 (1,042) (61) (1,103) $1,408,726 2,206 14,449 (e) (728) (596) (1,324) (1,506) 254,798 406,915 $ 661,713 186,441 42,806 430,106 616,547 $ $ $ 1,551 (4,547) (1,484) $ (3,063) 2021 $ 161 (397) 168 (68) (2,870) (2,938) $ 58 (2,984) 46 (2,938) $ 1,459,283 1,697 546 (2,629) (434) (3,063) 38,302 (397) 312,298 263,214 575,512 249,484 343,542 593,026 2022 Change 2021 (c) During 2022 and 2021, the Firm transferred $73.2 billion and $104.5 billion of investment securities, respectively, from AFS to HTM for capital management purposes. (d) At September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, the allowance for credit losses on investment securities was $52 million, $47 million, $41 million, $42 million and $73 million, respectively. (e) Predominantly relates to international consumer growth initiatives. NM (279)% (74) NM NM 62 (38) (55) 60 66 57 65 NM 62 72 (37) 57 (3) 30 NM 12 (279) (18) 55 15 (25) 25 4 (a) Included tax-equivalent adjustments, driven by tax-exempt income from municipal bonds, of $59 million, $60 million, $58 million, $60 million and $64 million for the three months ended September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, respectively, and $177 million and $197 million for the nine months ended September 30, 2022 and 2021, respectively. (b) In the first quarter of 2022, the Firm changed its methodology for allocating income taxes to the LOBS, with no impact to Firmwide net income. Prior-period amounts have been revised to conform with the current presentation. Page 23
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