J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

JPMORGAN CHASE & CO. CORPORATE & INVESTMENT BANK FINANCIAL HIGHLIGHTS, CONTINUED (in millions, except ratio and headcount data) SELECTED BALANCE SHEET DATA (period-end) Total assets Loans: Loans retained (a) Loans held-for-sale and loans at fair value (b) Total loans Equity SELECTED BALANCE SHEET DATA (average) Total assets Trading assets - debt and equity instruments Trading assets - derivative receivables Loans: Loans retained (a) Loans held-for-sale and loans at fair value (b) Total loans Equity Headcount CREDIT DATA AND QUALITY STATISTICS Net charge-offs/(recoveries) Nonperforming assets: Nonaccrual loans: Nonaccrual loans retained (c) Nonaccrual loans held-for-sale and loans at fair value (d) Total nonaccrual loans Derivative receivables Assets acquired in loan satisfactions Total nonperforming assets Allowance for credit losses: Allowance for loan losses Allowance for lending-related commitments Total allowance for credit losses Net charge-off/(recovery) rate (a)(e) Allowance for loan losses to period-end loans retained (a) Allowance for loan losses to period-end loans retained, excluding trade finance and conduits (f) Allowance for loan losses to nonaccrual loans retained (a)(c) Nonaccrual loans to total period-end loans 3Q22 $1,384,618 180,604 40,357 220,961 103,000 $1,403,247 386,895 83,084 176,469 45,150 221,619 103,000 71,797 $ 17 583 824 1,407 339 85 1,831 2,032 1,582 3,614 0.04 % 1.13 1.49 349 0.64 2Q22 $1,403,558 $ 171,219 46,032 217,251 103,000 $1,429,953 411,079 83,582 169,909 48,048 217,957 103,000 69,447 38 697 840 1,537 447 84 2,068 1,809 1,358 3,167 0.09 % 1.06 1.38 260 0.71 1Q22 $1,460,463 $ 167,791 47,260 215,051 103,000 $1,407,835 419,346 66,692 160,976 51,398 212,374 103,000 68,292 20 871 949 1,820 597 91 2,508 1,687 1,459 3,146 QUARTERLY TRENDS 0.05% 1.01 1.31 194 0.85 4Q21 $1,259,896 $ 159,786 50,386 210,172 83,000 $1,341,267 407,656 65,365 153,595 52,429 206,024 83,000 67,546 23 584 844 1,428 316 91 1,835 1,348 1,372 2,720 0.06 % 0.84 1.12 231 0.68 3Q21 $1,355,752 $ 151,211 52,436 203,647 83,000 $1,331,240 442,623 64,730 149,826 53,712 203,538 83,000 66,267 2 547 1,234 1,781 393 95 2,269 1,442 1,426 2,868 0.01 % 0.95 1.29 264 0.87 3Q22 Change 2Q22 (1)% 5 (12) 2 (2) (6) (1) 4 (6) 2 3 (55) (16) (2) (8) (24) 1 (11) 12 16 14 JPMORGAN CHASE & CO. 3Q21 2% 19 (23) 9 24 5 (13) 28 18 (16) 9 24 8 NM 7 (33) (21) (14) (11) (19) 41 11 26 NINE MONTHS ENDED SEPTEMBER 30, 2022 $1,384,618 $ 180,604 40,357 220,961 103,000 $1,413,662 405,655 77,846 169, 175 48,176 217,351 103,000 71,797 75 583 824 1,407 339 85 1,831 2,032 1,582 3,614 0.06 % 1.13 1.49 349 0.64 2021 $1,355,752 $ 151,211 52,436 203,647 83,000 $1,332,244 461,728 69,159 142,286 50,616 192,902 83,000 66,267 (17) 547 1,234 1,781 393 95 2,269 1,442 1,426 2,868 (0.02)% 0.95 1.29 264 0.87 2022 Change 2021 2% 19 (23) 9 24 6 (12) 13 19 (5) 13 24 8 NM 7 (33) (21) (14) (11) (19) 41 11 26 (a) Loans retained includes credit portfolio loans, loans held by consolidated Firm-administered multi-seller conduits, trade finance loans, other held-for-investment loans and overdrafts. (b) Loans held-for-sale and loans at fair value primarily reflect lending related positions originated and purchased in CIB Markets, including loans held for securitization. (c) Allowance for loan losses of $111 million, $130 million, $226 million, $58 million and $138 million were held against nonaccrual loans at September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, respectively. (d) At September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, nonaccrual loans excluded mortgage loans 90 or more days past due and insured by U.S. government agencies of $143 million, $196 million, $283 million, $281 million and $289 million, respectively. These amounts have been excluded based upon the government guarantee. (e) Loans held-for-sale and loans at fair value were excluded when calculating the net charge-off/(recovery) rate. (f) Management uses allowance for loan losses to period-end loans retained, excluding trade finance and conduits, a non-GAAP financial measure, to provide a more meaningful assessment of CIB's allowance coverage ratio. Page 16
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