J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

Corporate & Investment Bank1 Selected income statement data ($mm) Revenue Investment Banking revenue Payments Lending Total Banking Fixed Income Markets Equity Markets Securities Services Credit Adjustments & Other Total Markets & Securities Services Expense Credit costs Net income² Key drivers / statistics ($B)³ Equity ROE Overhead ratio Comp/revenue IB fees ($mm) Average loans Average client deposits 4 Merchant processing volume ($B)5 Assets under custody ($T) 6 ALL/EOP loans ex-conduits and trade 6 Net charge-off/(recovery) rate Average VaR ($mm) 1 See note 1 on slide 10 2 See note 3 on slide 11 For additional footnotes see slide 12 2Q22 $11,947 1,351 1,463 410 3,224 4,711 3,079 1,151 (218) 8,723 6,745 59 $3,725 2Q22 $103.0 14% 56 29 $1,650 218.0 722.4 539.6 28.6 1.38% 0.09 $52 $ 0/(U) 1Q22 ($1,582) (706) (391) 89 (1,008) (987) 24 83 306 (574) (553) (386) ($660) ($1,295) 1Q22 $103.0 17% 54 30 2Q21 ($1,267) (2,073) 10 181 (1,882) 613 390 63 (451) 615 $2,050 212.4 709.1 490.2 31.6 1.31% 0.05 $64 222 138 2Q21 $83.0 23% 49 27 $3,572 192.5 721.9 475.2 32.1 1.53% (0.03) $41 LO 5 CCB CIB CB AWM Corp. Financial performance Net income of $3.7B, down 26% YoY; revenue of $11.9B, down 10% YoY ■ Banking revenue ■IB revenue of $1.4B, down 61% YoY IB fees down 54% YoY, driven by lower fees across products - $257mm of markdowns on HFS positions in the bridge book' Payments revenue of $1.5B, up 1% YoY Excluding the markdowns on equity investments, up 25%, predominantly driven by higher rates and fees ■ Lending revenue of $410mm, up 79% YoY, driven by mark-to- market gains on hedges of accrual loans and higher net interest income ■ Markets & Securities Services revenue ■ Markets revenue of $7.8B, up 15% YoY Fixed Income Markets revenue of $4.7B, up 15% YoY, driven by strong results in macro businesses, partially offset by Credit and Securitized Products - Equity Markets revenue of $3.1B, up 15% YoY, driven by a strong performance in derivatives ■ Securities Services revenue of $1.2B, up 6% YoY, predominantly driven by growth in fees and to a lesser extent higher rates, partially offset by lower market levels ■ Credit Adjustments & Other was a loss of $218mm, largely driven by funding spread widening Expense of $6.7B, up 3% YoY, reflecting higher structural expense and investments in the business, largely offset by lower revenue- related compensation JPMORGAN CHASE & Co.
View entire presentation