J.P.Morgan Results Presentation Deck
Commercial Banking1
SELECTED INCOME STATEMENT DATA ($MM)
Revenue
Middle Market Banking
Corporate Client Banking
Commercial Real Estate Banking
Other
Expense
Credit costs
Net income
Equity
ROE
KEY DRIVERS / STATISTICS ($B)²
Overhead ratio
Payments revenue ($mm)³
Gross IB revenue ($mm)4
Average loans5
Average client deposits
Allowance for loan losses
Nonaccrual loans
6
Net charge-off/(recovery) rate
ALL/loans
1 See note 1 on slide 10
For additional footnotes see slide 12.
1Q23
$3,511
1,681
1,176
642
12
JPMORGAN CHASE & CO.
1,308
417
$1,347
1Q23
$28.5
18%
37
$2,028
$881
238.0
266.0
3.6
0.9
0.06%
1.49
$ 0/(U)
4Q22
$107
62
67
(24)
2
5
54
179
133
260
($76) $497
4Q22
$25.0
22%
37
1Q22
$1,113
701
346
61
$1,989
$700
235.3
278.9
3.3
0.8
0.06%
1.42
1Q22
$25.0
13%
47
$1,022
$729
210.7
316.9
2.4
0.8
0.01%
1.11
CCB
CIB
CB
AWM Corp.
FINANCIAL PERFORMANCE
• Net income of $1.3B, up 58% YoY
• Revenue of $3.5B, up 46% YoY, driven by higher deposit margins,
partially offset by lower deposit-related fees
● Payments revenue of $2.0B, up 98% YoY
• Gross IB revenue of $881mm, up 21% YoY
• Expense of $1.3B, up 16% YoY, largely driven by higher
compensation, including headcount growth, as well as higher volume-
related expense
● Credit costs of $417mm, reflecting a net reserve build
Average loans of $238B, up 13% YoY and up 1% QOQ
C&17 up 18% YoY and up 1% QOQ
CRE7 up 8% YoY and up 1% QOQ
• Average deposits of $266B, down 16% YoY and 5% QoQ,
predominantly driven by continued attrition in non-operating deposits
as well as seasonally lower balances
6View entire presentation