J.P.Morgan 4Q23 Earnings Results
JPMORGAN CHASE & CO.
ASSET & WEALTH MANAGEMENT
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio data)
SELECTED BALANCE SHEET DATA (period-end)
Total assets
Loans
Deposits
Equity
SELECTED BALANCE SHEET DATA (average)
Total assets
Loans
Deposits
Equity
CREDIT DATA AND QUALITY STATISTICS
Net charge-offs/(recoveries)
Nonaccrual loans
Allowance for credit losses:
Allowance for loan losses
Allowance for lending-related commitments
Total allowance for credit losses
Net charge-off/(recovery) rate
Allowance for loan losses to period-end loans
Allowance for loan losses to nonaccrual loans
Nonaccrual loans to period-end loans
$ 245,512
$
4Q23
$
227,929 (a)
233,232 (a)
17,000
247,202
227,042 (b)
226,640 (a)
17,000
12
650
633
28
661 (c)
0.02 %
0.28
97
0.29
3Q23
$249,866
228,114 (a)
215,152
17,000
$ 245,616
223,760
201,975
17,000
$
1
621
642
32
674
0.28
103
0.27
(b)
(c)
%
2Q23
$ 247,118
222,493
199,763
17,000
$ 238,987
219,469
211,872
16,670
$
2
615
QUARTERLY TRENDS
0.29
106
0.28
(a)
(b)
649
39
688 (c)
%
1Q23
$ 232,516
211,140
225,831
16,000
$ 228,823
211,469
224,354
16,000
$
(2)
477
526
19
545
0.25
110
0.23
%
4Q22
$ 232,037
214,006
233,130
17,000
$ 230,149
214,150
236,965
17,000
$
(2)
459
494
20
514
0.23
108
0.21
%
4Q23 Change
3Q23
(2)%
8
T
1
1
12
NM
5
(1)
(13)
(2)
JPMORGAN CHASE & CO.
4Q22
6%
7
7
6
(4)
NM
42
28
40
29
2023
$ 245,512
227,929
233,232
17,000
$ 240,222
$
220,487 (b)
216,178 (a)
16,671
13
650
633
28
661 (c)
%
0.01
0.28
97
0.29
(a) Includes First Republic. In the fourth quarter of 2023, certain deposits associated with First Republic were transferred from CCB. Refer to page 30 for additional information.
(b) Included $11.7 billion, $13.0 billion, and $9.7 billion for the three months ended December 31, 2023, September 30, 2023, and June 30, 2023, respectively, and $8.7 billion for the full year 2023, associated with First Republic.
(c) At December 31, 2023, September 30, 2023, and June 30, 2023, included $128 million, $115 million, and $146 million allowance, respectively, associated with First Republic.
FULL YEAR
$ 232,037
(a) 214,006
(a) 233,130
17,000
2022
$ 232,438
215,582
261,489
17,000
$
(7)
459
494
20
514
0.23
108
0.21
%
2023 Change
2022
6%
7
3
2
(17)
(2)
NM
42
28
40
29
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