J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

Consumer & Community Banking¹ Selected income statement data ($mm) Revenue Consumer & Business Banking Home Lending Card & Auto Expense Credit costs Net charge-offs (NCOs) Change in allowance Net income² Key drivers / statistics ($B)³ Equity ROE Overhead ratio Average loans Average deposits Active mobile customers (mm)4 Debit & credit card sales volume 5 2Q22 $12,614 6,558 1,001 5,055 7,723 761 611 150 $3,100 1 See note 1 on slide 10 2 See note 3 on slide 11 For additional footnotes see slide 12 2Q22 $50.0 24% 61 $436.6 1,180.5 47.4 $397.0 $ 0/(U) 1Q22 $385 496 (168) 57 3 83 58 25 $205 1Q22 $50.0 23% 63 $428.9 1,153.5 46.5 $351.5 2Q21 ($146) 542 (348) (340) 661 2,629 (121) 2,750 ($2,545) 2Q21 $50.0 44% 55 $430.1 1,047.8 42.9 $344.3 Average loans up 2% YoY and 2% QOQ ■ Ex-PPP, average loans of $434.4B, up 6% YoY and 2% QOQ Average deposits up 13% YoY and 2% QOQ Active mobile customers up 11% YoY Debit & credit card sales volume up 15% YoY ■ Client investment assets down 7% YoY 4 CCB CIB Financial performance ■ Net income of $3.1B vs. $5.6B in 2Q21, reflecting the absence of the credit reserve release recorded in the prior year ■ Revenue of $12.6B, down 1% YoY ■ Expense of $7.7B, up 9% YoY, driven by higher investments and structural expense, partially offset by lower volume- and revenue- related expense Consumer & Business Banking 6 Business Banking average loans Business Banking loan originations Client investment assets (EOP) Deposit margin Home Lending Average loans Loan originations CB ■ Credit costs of $761mm ■ Net charge-offs of $611mm, down $121mm YoY, driven by Card ■ Reserve build of $150mm in Card driven by loan growth Key drivers / statistics ($B) - detail by business 2Q22 Third-party mortgage loans serviced (EOP) Net charge-off/(recovery) rate Card & Auto Card average loans Auto average loans and leased assets Auto loan and lease originations Card net charge-off rate Credit Card net revenue rate Credit Card sales volume 5 $22.8 1.2 628.5 AWM Corp. 1.31% $177.3 21.9 575.6 (0.16)% $158.4 83.4 7.0 1.47% 9.59 $271.2 1Q22 $24.8 1.0 696.3 1.22% $176.5 24.7 575.4 (0.17)% $149.4 85.7 8.4 1.37% 9.87 $236.4 2Q21 $42.4 2.2 673.7 1.28% $177.4 39.6 463.9 (0.19)% $136.1 86.8 12.4 2.24% 11.32 $223.7 JPMORGAN CHASE & Co.
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