J.P.Morgan Results Presentation Deck
DFAST results under the Supervisory Severely Adverse Scenario
Profit & loss projections - JPMorgan Chase
FIRM-CALCULATED 9-QUARTER CUMULATIVE PROJECTED PPNR, LOSSES, NET
INCOME BEFORE TAXES, AND OTHER COMPREHENSIVE INCOME (1Q23 - 1Q25)
Billions of
Pre-provision net revenue
equals
Net interest income
Noninterest income
less
Noninterest expense¹
Other revenue²
less
Provision for credit losses
Trading and counterparty losses ³
Other losses/(gains) 4
equals
Net income/(loss) before taxes
Mem o items
Other comprehensive income 5
Other effects on capital
Accumulated other comprehensive income ("AOCI") in
capital (billions of dollars)
Percent of
dollars average assets
$78.1
2.1 %
153.0
109.1
184.0
0.0
82.0
20.7
4.1
2023 Supervisory Severely Adverse Scenario results | JPMorgan Chase & Co.
$(28.7)
$12.1
Actual 4Q22
$(11.7)
4.1
3.0
5.0
(0.8) %
1Q25
$0.4
¹ Noninterest expense includes losses from operational-risk events and other real estate owned costs
2 Other revenue includes one-time income and expense items not included in PPNR
3 Trading and counterparty losses include mark-to-market ("MTM") and credit valuation adjustment ("CVA") losses resulting from the assumed instantaneous global market shock, and losses arising from
the counterparty default scenario component applied to derivatives, securities lending, and repurchase agreement activities
4 Other losses/(gains) includes projected changes in fair value of loans held-for-sale ("HFS"), loans accounted for under the fair value option ("FVO"), equity securities not held for trading, and hedges on
loans measured at amortized cost
5 Other comprehensive income is reported on a post-tax basis and includes net unrealized losses/(gains) on (a) available-for-sale ("AFS") investment securities and (b) net losses and prior service costs
related to defined benefit pension and other postretirement employee benefit ("OPEB") plans
6 Average assets is the nine-quarter average of total assets
JPMORGAN CHASE & CO.
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