J.P.Morgan Results Presentation Deck slide image

J.P.Morgan Results Presentation Deck

Consumer & Community Banking ¹ SELECTED INCOME STATEMENT DATA ($MM) Revenue Banking & Wealth Management² Home Lending Card Services & Auto Expense ² Credit costs Net charge-offs (NCOs) Change in allowance Net income KEY DRIVERS / STATISTICS ($B)³ Equity ROE Overhead ratio Average loans Average deposits Active mobile customers (mm)4 Debit & credit card sales volume 5 1Q23 $16,456 10,041 720 5,695 8,065 1,402 1,052 350 $5,243 1 See note 1 on slide 10 2 See note 3 on slide 11 For additional footnotes see slide 12. JPMORGAN CHASE & CO. 1Q23 $52.0 40% 49 $449.8 1,113.0 50.9 $387.3 $ 0/(U) 4Q22 $663 459 136 68 153 (443) 207 (650) $687 $2,335 4Q22 $50.0 Average loans up 5% YoY and flat QoQ Average deposits down 4% YoY and 3% QoQ EOP deposits down 4% YoY and up 1% QOQ Active mobile customers up 9% YoY Debit & credit card sales volume up 10% YoY Client investment assets down 1% YoY and up 7% QOQ 1Q22 $4,274 4,026 35% 50 (449) 697 410 724 499 225 23% 63 $448.5 $428.9 1,142.5 1,153.5 49.7 46.5 $411.1 $351.5 1Q22 $50.0 CCB CIB FINANCIAL PERFORMANCE • Net income of $5.2B, up 80% YoY • Revenue of $16.5B, up 35% YoY, driven by higher net interest income • Expense of $8.1B, up 5% YoY, largely driven by higher compensation, including wage inflation and headcount growth, as well as investments in the business, largely offset by lower auto lease depreciation CB Credit costs of $1.4B NCOs of $1.1B, up $499mm YoY, predominantly driven by Card Services Banking & Wealth Management Business Banking average loans Business Banking loan originations Client investment assets (EOP) Deposit margin Home Lending Average loans Loan originations . Reserve build of $300mm in Card Services and $50mm in Home Lending KEY DRIVERS / STATISTICS ($B) - DETAIL BY BUSINESS 1Q23 Third-party mortgage loans serviced (EOP) Net charge-off/(recovery) rate Card Services & Auto Card Services average loans Auto average loans and leased assets Auto loan and lease originations Card Services net charge-off rate Card Services net revenue rate Card Services sales volume 5 AWM Corp. $19.9 1.0 690.8 2.78% $172.1 5.7 575.9 (0.04)% $180.5 80.3 9.2 2.07% 10.38 $266.2 $20.5 1.1 647.1 2.48% $174.5 6.7 584.3 (0.08)% $177.0 80.0 7.5 1.62% 10.06 $284.8 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 4
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