J.P.Morgan Results Presentation Deck
JPMORGAN CHASE & CO.
CONSOLIDATED STATEMENTS OF INCOME
(in millions, except per share and ratio data)
REVENUE
Investment banking fees
Principal transactions
Lending- and deposit-related fees
Asset management, administration and commissions
Investment securities gains/(losses)
Mortgage fees and related income
Card income
Other income
Noninterest revenue
Interest income
Interest expense
Net interest income
TOTAL NET REVENUE
Provision for credit losses
NONINTEREST EXPENSE
Compensation expense
Occupancy expense
Technology, communications and equipment expense
Professional and outside services
Marketing
Other expense (a)
TOTAL NONINTEREST EXPENSE
Income before income tax expense
Income tax expense
NET INCOME
NET INCOME PER COMMON SHARE DATA
Basic earnings per share
Diluted earnings per share
FINANCIAL RATIOS
Return on common equity (b)
Return on tangible common equity (b)(c)
Return on assets (b)
Effective income tax rate
Overhead ratio
$
$
3Q22
1,674
5,383
1,731
5,069
(959)
314
1,086
900
15,198
25,611
8,093
17,518
32,716
1,537
10,539
1,162
2,366
2,481
1,017
1,613
19,178
12,001
2,264
9,737
3.13
3.12
15 %
18
1.01
18.9
59
$
$
$
2Q22
1,586
4,990
1,873
5,240
(153)
378
1,133
540
15,587
18,646
3,518
15,128
30,715
1,101
10,301
1,129
2,376
2,469
881
1,593
18,749
10,865
2,216
8,649
2.77
2.76
13%
17
0.89
20.4
61
$
$
$
1Q22
2,008
5,105
1,839
5,362
(394)
460
975
1,490
16,845
15,496
1,624
13,872
30,717
1,463
10,787
1,134
2,360
2,572
920
1,418
19,191
10,063
1,781
8,282
2.64
2.63
QUARTERLY TRENDS
13 %
16
0.86
17.7
62
$
$
$
4Q21
3,494
2,182
1,784
5,549
52
315
1,100
1,180
15,656
15,019
1,418
13,601
29,257
(1,288)
9,065
1,202
2,461
2,703
947
1,510
17,888
12,657
2,258
10,399
3.33
3.33
16 %
19
1.08
17.8
61
$
$
$
3Q21
3,282
3,546
1,801
5,257
(256)
600
1,005
1,332
16,567
14,480
1,400
13,080
29,647
(1,527)
9,087
1,109
2,473
2,523
712
1,159
17,063
14,111
2,424
11,687
3.74
3.74
18%
22
1.24
17.2
58
3Q22 Change
2Q22
6%
8
(8)
(3)
NM
(17)
(4)
67
(2)
37
130
16
7
40
2
3
15
1
2
10
2
13
13
13
JPMORGAN CHASE & CO.
3Q21
(49)%
52
(4)
(4)
(275)
(48)
8
(32)
(8)
77
478
34
10
NM
16
5
(4)
(2)
43
39
12
(15)
(7)
(17)
(16)
(17)
$
$
$
NINE MONTHS ENDED SEPTEMBER 30,
2022
5,268
15,478
5,443
15,671
(1,506)
1,152
3,194
2,930
47,630
59,753
13,235
46,518
94,148
4,101
31,627
3,425
7,102
7,522
2,818
4,624
57,118
32,929
6,261
26,668
8.53
8.51
14%
17
0.92
19.0
61
2021
$ 9,722
14,122
5,248
15,480
$
$
(397)
1,855
4,002
3,650
53,682
42,845
4,135
38,710
92,392
(7,968)
29,502
3,314
7,480
7,111
2,089
3,959
53,455
46,905
8,970
37,935
12.05
12.02
20%
24
1.37
19.1
58
2022 Change
2021
(46)%
10
4
1
(279)
(38)
(20)
(20)
(11)
39
220
20
2
NM
7
3
(5)
6
35
17
7
(30)
(30)
(30)
(29)
(29)
(a) Included Firmwide legal expense of $47 million, $73 million, $119 million, $137 million and $76 million for the three months ended September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, respectively, and $239 million and $289 million
for the nine months ended September 30, 2022 and September 30, 2021, respectively.
(b) Quarterly ratios are based upon annualized amounts.
(c) Refer to page 28 for further discussion of ROTCE.
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