J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

JPMORGAN CHASE & CO. CONDENSED AVERAGE BALANCE SHEETS AND ANNUALIZED YIELDS (in millions, except rates) AVERAGE BALANCES ASSETS Deposits with banks Federal funds sold and securities purchased under resale agreements Securities borrowed Trading assets - debt instruments Investment securities Loans All other interest-earning assets (a) Total interest-earning assets Trading assets - equity and other instruments Trading assets - derivative receivables All other noninterest-earning assets TOTAL ASSETS LIABILITIES Interest-bearing deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings (b) Trading liabilities - debt and all other interest-bearing liabilities (c) Beneficial interests issued by consolidated VIES Long-term debt Total interest-bearing liabilities Noninterest-bearing deposits Trading liabilities - equity and other instruments Trading liabilities - derivative payables All other noninterest-bearing liabilities TOTAL LIABILITIES Preferred stock Common stockholders' equity TOTAL STOCKHOLDERS' EQUITY TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY AVERAGE RATES (d) INTEREST-EARNING ASSETS Deposits with banks Federal funds sold and securities purchased under resale agreements Securities borrowed (e) Trading assets - debt instruments Investment securities Loans All other interest-earning assets (a) Total interest-earning assets INTEREST-BEARING LIABILITIES Interest-bearing deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings (b) Trading liabilities - debt and all other interest-bearing liabilities (c)(e) Beneficial interests issued by consolidated VIES Long-term debt Total interest-bearing liabilities INTEREST RATE SPREAD NET YIELD ON INTEREST-EARNING ASSETS Memo: Net yield on interest-earning assets excluding Markets (f) $ 3Q22 652,321 322,053 204,479 283,414 647,165 1,112,761 122,756 3,344,949 129,221 83,950 284,127 $ 3,842,247 $ 1,728,852 239,582 45,797 278,049 11,039 253,012 2,556,331 716,518 36,985 56,994 189,637 3,556,465 32,838 252,944 285,782 $ 3,842,247 1.83 % 1.74 1.50 3.36 1.84 5.00 3.57 3.05 0.73 2.10 1.35 1.49 2.24 3.77 1.26 1.79 2.09 2.81 $ 2Q22 694,644 305,132 207,437 273,736 672,799 1,093,106 139,040 3,385,894 151,309 84,483 289,957 $ 3,911,643 $ 1,790,421 233,376 50,833 274,435 10,577 246,195 2,605,837 741,891 40,937 61,026 181,128 3,630,819 32,838 247,986 280,824 $ 3,911,643 0.62 % 0.71 0.33 3.02 1.55 4.28 1.85 2.22 0.20 0.80 0.73 0.69 1.11 2.54 0.54 1.68 1.80 2.26 1Q22 $ QUARTERLY TRENDS 742,311 294,951 218,030 272,116 671,165 1,068,637 134,741 3,401,951 156,908 67,334 280,595 $ 3,906,788 $ 1,781,320 250,215 47,871 263,025 10,891 254,180 2,607,502 734,233 43,394 54,522 181,105 3,620,756 33,526 252,506 286,032 $ 3,906,788 0.13% 0.55 (0.16) 2.65 1.38 4.05 0.97 1.86 0.04 0.19 0.32 0.30 0.69 1.72 0.25 1.61 1.67 1.95 4Q21 $ 767,713 268,953 207,059 260,555 642,675 1,060,254 130,646 3,337,855 150,770 66,024 277,006 $ 3,831,655 736,203 (g) 40,645 55,063 184,241 3,543,012 34,838 253,805 288,643 $ 3,831,655 0.09 % 0.47 $ 1,731,609 (g) $ 1,677,837 (g) 234,504 46,456 246,675 240,912 43,759 241,297 14,232 257,593 2,475,630 11,906 255,710 2,526,860 (0.28) 2.52 1.26 4.04 0.87 1.80 0.03 0.13 0.26 0.20 0.56 1.61 0.22 1.58 1.63 1.90 3Q21 $ 756,653 262,679 189,418 275,860 565,344 1,042,591 127,241 3,219,786 177,315 65,574 262,544 $ 3,725,219 691,622 (g) 35,505 55,907 178,770 3,437,434 34,229 253,556 287,785 $ 3,725,219 0.09 % 0.35 (0.15) 2.43 1.32 3.99 0.64 1.80 0.03 0.20 0.26 0.09 0.50 1.62 0.22 1.58 1.62 1.91 3Q22 Change 2Q22 (6)% 6 (1) 4 * -ENN (4) (12) (1) (15) (2) (2) (3) (10) (2) (10) (2) (2) JPMORGAN CHASE & CO. NINE MONTHS ENDED SEPTEMBER 30, 3Q21 (14)% 23 8 3 14 7 (4) 4 (27) 28 8 3 3 WEIE WONA AWNN GGE (22) $ 2022 696,096 307,478 209,932 276,464 663,622 1,091,663 132,135 3,377,390 145,712 78,650 284,904 $ 3,886,656 $ 1,766,672 241,019 48,159 271,891 10,836 251,125 2,589,702 730,816 40,415 57,523 183,988 3,602,444 33,065 251,147 284,212 $ 3,886,656 0.83 % 1.02 0.55 3.01 1.59 4.45 2.09 2.38 0.32 1.03 0.79 0.84 1.36 2.68 0.68 1.70 1.85 2.34 $ 2021 703,616 269,324 185,127 291,673 577,566 1,027,023 120,529 3,174,858 180,253 70,139 264,077 $ 3,689,327 $1,652,807 267,659 43,998 239,666 15,501 248,581 2,468,212 653,685 35,312 62,089 187,601 3,406,899 32,417 250,011 282,428 $ 3,689,327 0.06 % 0.32 (0.17) 2.38 1.33 4.02 0.67 1.82 0.03 0.10 0.29 0.07 0.57 1.74 0.22 1.60 1.64 1.92 (a) Includes brokerage-related held-for-investment customer receivables, which are classified in accrued interest and accounts receivable, and all other interest-earning assets, which are classified in other assets, on the Consolidated Balance Sheets. (b) Includes commercial paper. 2022 Change 2021 (1)% ០៣ លឺ ១៩ ១ ហិ ច ៨ (19) 7 (10) (30) G| NONANG- (c) All other interest-bearing liabilities include brokerage-related customer payables. (d) Interest includes the effect of related hedging derivatives. Taxable-equivalent amounts are used where applicable. (e) Negative interest income and yields are related to the impact of interest rates combined with the fees paid on client-driven securities borrowed balances. The negative interest expense related to prime brokerage customer payables is recognized in interest expense and reported within trading liabilities - debt and all other liabilities. (f) Net yield on interest-earning assets excluding Markets is a non-GAAP financial measure. Refer to page 28 for a further discussion of this measure. (g) Prior-period amounts have been revised to conform with the current presentation. Page 6
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