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 11 2 See note 3 on slide 12 For additional footnotes see slide 13 3Q22 $11,875 1,713 1,989 323 4,025 4,469 2,302 1,110 (31) 7,850 6,618 513 $3,532 3Q22 $103.0 13% 56 28 $1,762 221.6 669.2 545.4 27.2 1.49% 0.04 $53 $ 0/(U) 2Q22 ($72) 362 526 (87) 801 (242) (777) (41) 187 2Q22 $103.0 (295) (16) (139) (873) 347 (127) 747 454 1,151 ($193) ($2,115) 14% 56 29 3Q21 ($521) (1,312) 365 79 $1,650 218.0 722.4 539.6 28.6 1.38% 0.09 $52 (868) 797 3Q21 $83.0 26% 47 23 $3,297 203.5 714.4 470.9 32.0 1.29% 0.01 $33 LO 5 CCB CIB CB AWM Corp. Financial performance Net income of $3.5B, down 37% YoY; revenue of $11.9B, down 4% YoY ■ Banking revenue ■IB revenue of $1.7B, down 43% YoY IB fees down 47% YoY, reflecting lower fees across products ■ Payments revenue of $2.0B, up 22% YoY Excluding the net impact of equity investments, up 41%, driven by higher interest rates and growth in fees Lending revenue of $323mm, up 32% YoY, driven by higher net interest income on loan growth ■ Markets & Securities Services revenue ■ Markets revenue of $6.8B, up 8% YoY Fixed Income Markets revenue of $4.5B, up 22% YoY, primarily driven by higher revenue in macro businesses, partially offset by lower revenue in Securitized Products Equity Markets revenue of $2.3B, down 11% YoY, compared to a record third quarter in the prior year ■ Securities Services revenue of $1.1B, relatively flat YoY ■ Expense of $6.6B, up 13% YoY, predominantly driven by higher structural expense, investments in the business and revenue-related expense ■Credit costs of $513mm, reflecting a net reserve build, predominantly driven by loan and lending-related commitment activity and the impact of updates to the Firm's macroeconomic scenarios JPMORGAN CHASE & Co.
View entire presentation