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 ($mm)
Average loans
4
Average client deposits
Merchant processing volume ($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 14
2 See note 3 on slide 15
For additional footnotes see slide 16
4Q22
$10,548
1,389
2,070
323
3,782
3,739
1,931
1,159
(63)
6,766
6,426
141
$3,328
4Q22
$103.0
12%
61
29
$1,467
225.8
649.7
583.2
28.6
1.67%
0.02
$60
$ 0/(U)
3Q22
($1,327)
(324)
81
0
(243)
(730)
(371)
49
(32)
(1,084)
(192)
(372)
($204)
3Q22
$103.0
13%
56
28
$1,762
221.6
669.2
545.4
27.2
1.49%
0.04
$53
4Q21
($986)
(1,817)
269
60
(1,488)
405
(23)
95
25
502
599
267
($1,215)
4Q21
$83.0
21%
51
20
$3,502
206.0
717.5
514.9
33.2
1.12%
0.06
$37
6
CCB
CIB
CB
AWM Corp.
Financial performance
■ Net income of $3.3B, down 27% YoY; revenue of $10.5B, down
9% YOY
Banking revenue
■ IB revenue of $1.4B, down 57% YoY
IB fees down 58% YoY, reflecting lower fees across products
Payments revenue of $2.1B, up 15% YoY
Excluding the net impact of equity investments, up 56%,
predominantly driven by higher rates, partially offset by lower
deposit balances
■ Markets revenue of $5.7B, up 7% YoY
■ Lending revenue of $323mm, up 23% YoY, largely driven by higher
net interest income on higher loan balances, partially offset by
mark-to-market losses on hedges of accrual loans
■ Markets & Securities Services revenue
Fixed Income Markets revenue of $3.7B, up 12% YOY,
predominantly driven by higher revenue in Rates and
Currencies & Emerging Markets, partially offset by lower
revenue in Securitized Products
- Equity Markets revenue of $1.9B, relatively flat against a strong
fourth quarter in the prior year
Securities Services revenue of $1.2B, up 9% YoY, predominantly
driven by higher rates, largely offset by lower deposit balances and
market levels
■ Expense of $6.4B, up 10% YoY, predominantly driven by higher
revenue-related compensation, including timing impacts, and
structural expense, partially offset by lower legal expense
■ Credit costs of $141mm, reflecting a net reserve build, driven by a
modest deterioration in the Firm's macroeconomic outlook, partially
offset by net portfolio activity
JPMORGAN CHASE & Co.View entire presentation