J.P.Morgan Results Presentation Deck
4Q23 Financial results 1
$B, EXCEPT PER SHARE DATA
Net interest income
Noninterest revenue
Managed revenue ¹ $B
Expense
Credit costs
Net charge-offs
Reserve build/(release)
Credit costs
Net income
Net income applicable to common stockholders
EPS - diluted
ROE²
ROTCE 2,3
1,2
Overhead ratio - managed ¹,²
Memo:
4
NII excluding Markets
NIR excluding Markets 4
Markets revenue
Managed revenue ¹
Adjusted expense 5
Adjusted overhead ratio 1,2,5
Note: Totals may not sum due to rounding
1 See note 1 on slide 13
2 Actual numbers for all periods, not over/(under)
3 See note 4 on slide 13
4 See note 2 on slide 13
5 See note 5 on slide 13
6 Reflects fully taxable-equivalent ("FTE") adjustments of $1.4B in 4Q23
4Q23
$2.2
0.6
$2.8
JPMORGAN CHASE & CO.
4Q23
CCB
CIB
CB
AWM
3Q23 4Q22
$1.5
$0.9
1.4
$2.3
(0.1)
Reported
$24.2
15.8
39.9
24.5
2.8
$9.3
$8.9
$3.04
$1.4
4Q23 Tax rate
Effective rate: 17.8%
Managed rate: 26.7% 1,6
ROE O/H ratio
33%
52%
9%
62%
21%
35%
28%
66%
12%
15
61
$23.6
10.6
5.8
39.9
$24.3
61%
4Q23
FR impact
$1.3
0.5
1.9
0.9
0.1
$0.6
$0.6
$0.22
1%
1
(1)
$1.3
0.5
1.9
$0.9
(1)%
ex. FR
$22.8
15.2
38.1
23.6
2.6
$8.7
$8.2
$2.82
11%
14
62
$22.2
10.0
5.8
38.1
$23.4
62%
ex. FR $ 0/(U)
3Q23
$1.4
(1.8)
(0.4)
2.7
1.2
($3.4)
($3.4)
($1.15)
16%
20
54
$0.5
(0.1)
(0.8)
(0.4)
$3.2
53%
4Q22
$2.5
(0.0)
2.5
4.6
0.3
($2.3)
($2.4)
($0.75)
16%
20
53
$2.2
0.1
0.1
2.5
$4.4
53%
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