J.P.Morgan Results Presentation Deck
JPMORGAN CHASE & CO.
CONSUMER & COMMUNITY BANKING
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except ratio data)
CREDIT DATA AND QUALITY STATISTICS
Nonaccrual loans (a)(b)(c)
Net charge-offs/(recoveries)
Consumer & Business Banking
Home Lending
Card
Auto
Total net charge-offs/(recoveries)
Net charge-off/(recovery) rate
Consumer & Business Banking (d)
Home Lending
Card
Auto
Total net charge-off/(recovery) rate
30+ day delinquency rate
Home Lending (e)(f)
Card
Auto
90+ day delinquency rate - Card
Allowance for loan losses
Consumer & Business Banking
Home Lending
Card
Auto
Total allowance for loan losses
$
$
$
$
2Q22
4,217
81
(68)
580
18
611
1.01 %
(0.16)
1.47
0.11
0.57
0.85 %
1.05
0.69
0.51
697
785
10,400
740
12,622
$
$
1Q22
4,531
89
(69)
506
27
553
1.07 %
(0.17)
1.37
0.16
0.54
1.03 %
1.09
0.57
0.54
697
785
10,250
738
$ 12,470
$
$
$
4Q21
QUARTERLY TRENDS
4,875
86
(71)
479
21
515
0.91 %
(0.17)
1.28
0.12
0.49
1.25 %
1.04
0.64
0.50
697
660
10,250
733
12,340
$
$
$
3Q21
5,000
66
(74)
495
4
491
0.61 %
(0.18)
1.39
0.02
0.47
1.06 %
1.00
0.46
0.49
797
630
11,650
813
13,890
$
$
$
$
2Q21
5,256
72
(79)
755
(16)
732
0.59 %
(0.19)
2.24
(0.10)
0.71
1.08 %
1.01
0.42
0.54
897
630
12,500
817
14,844
2Q22 Change
1Q22
(7)%
JPMORGAN CHASE & CO.
(9)
1
15
(33)
10
2Q21
(20)%
13
14
(23)
NM
(17)
(22)
25
(17)
(9)
(15)
$
$
$
$
2022
SIX MONTHS ENDED JUNE 30,
4,217
170
(137)
1,086
45
1,164
1.04 %
(0.16)
1.42
0.13
0.55
0.85 %
1.05
0.69
0.51
697
785
10,400
740
12,622
$
$
$
$
2021
5,256
137
(130)
1,738
10
1,755
0.56 %
(0.16)
2.60
0.03
0.85
1.08 %
1.01
0.42
0.54
897
630
12,500
817
14,844
2022 Change
2021
(20)%
24
(5)
(38)
350
(34)
(22)
25
(17)
(9)
(15)
(a) At June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021, nonaccrual loans excluded mortgage loans 90 or more days past due and insured by U.S. government agencies of $257 million, $315 million, $342 million, $355 million and $397
million, respectively. These amounts have been excluded based upon the government guarantee. The amount of mortgage loans 90 or more days past due and insured by U.S. government agencies excluded at June 30, 2021 has been revised to conform with the current
presentation. In addition, the Firm's policy is generally to exempt credit card loans from being placed on nonaccrual status as permitted by regulatory guidance.
(b) At June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021, nonaccrual loans excluded $86 million, $179 million, $506 million and $5 million of PPP loans 90 or more days past due and guaranteed by the SBA, respectively. There were no PPP loans 90 or
more days past due at June 30, 2021.
(c) Generally excludes loans that were under payment deferral programs offered in response to the COVID-19 pandemic. Includes loans to customers that have exited COVID-19 payment deferral programs and are 90 or more days past due, predominantly all of which were
considered collateral-dependent at time of exit.
(d) At June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021 included $1.5 billion, $2.9 billion, $5.4 billion, $11.1 billion and $16.7 billion of loans, respectively, under the PPP. Given that PPP loans are guaranteed by the SBA, the Firm does
not expect to realize material credit losses on these loans. Refer to page 109 of the Firm's 2021 Form 10-K for further information on the PPP.
(e) At June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021, the principal balance of loans under payment deferral programs offered in response to the COVID-19 pandemic was $513 million, $728 million, $1.1 billion, $3.1 billion and $5.2
billion in Home Lending, respectively. Loans that are performing according to their modified terms are generally not considered delinquent.
(f) At June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021, excluded mortgage loans 30 or more days past due and insured by U.S. government agencies of $315 million, $370 million, $405 million, $432 million and $483 million,
respectively. These amounts have been excluded based upon the government guarantee. The amount of mortgage loans 30 or more days past due and insured by U.S. government agencies excluded at June 30, 2021 has been revised to conform with the current presentation.
Page 13View entire presentation