J.P.Morgan 4Q23 Earnings Results
JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION
(in millions)
CREDIT EXPOSURE
Consumer, excluding credit card loans (a)
Loans retained
Loans held-for-sale and loans at fair value
Total consumer, excluding credit card loans
Credit card loans
Loans retained
Total credit card loans
Total consumer loans
Wholesale loans (b)
Loans retained
Loans held-for-sale and loans at fair value
Total wholesale loans
Total loans
Derivative receivables
Receivables from customers (c)
Total credit-related assets
Lending-related commitments
Consumer, excluding credit card
Credit card (d)
Wholesale
Total lending-related commitments
Total credit exposure
Memo: Total by category
Consumer exposure (e)
Wholesale exposure (f)
Total credit exposure
Dec 31,
2023
$ 397,275
12,818
410,093
211,123
211,123
621,216
672,472
30,018
702,490
1,323,706
54,864
47,625
1,426,195
45,403
915,658
536,786
1,497,847
$ 2,924,042 (g)
$ 1,582,277
1,341,765
$ 2,924,042
Sep 30,
2023
$ 397,054
11,715
408,769
196,935
196,935
605,704
671,952
32,403
704,355
1,310,059
67,070
43,376
1,420,505
48,313
898,903
531,568
1,478,784
$
$ 1,552,920
1,346,369
$ 2,899,289
Jun 30,
2023
396, 195
12,009
408,204
191,348
191,348
599,552
668,145
32,372
700,517
1,300,069
64,217
42,741
1,407,027
50,846
881,485
541,089
1,473,420
2,899,289 (g) $2,880,447 (g)
JPMORGAN CHASE & CO.
Dec 31, 2023
Change
$1,531,883
1,348,564
$ 2,880,447
Mar 31,
2023
$ 300,447
10,986
311,433
180,079
180,079
491,512
604,324
33,060
637,384
1,128,896
59,274
43,943
1,232,113
37,568
861,218
484,539
1,383,325
2,615,438
$ 1,390,298
1,225,140
$ 2,615,438
$
Dec 31,
2022
300,753
10,622
311,375
185,175
185,175
496,550
603,670
35,427
639,097
1,135,647
70,880
49,257
1,255,784
33,518
821,284
471,980 (h)
1,326,782
$ 2,582,566
$1,351,352
1,231,214
$ 2,582,566
Sep 30,
2023
- %
9
773
(7)
1
(18)
10
(6)
2
1
1
1
2
1
Dec 31,
2022
32%
21
32
14
14
25
11
(15)
10
17
(23)
(3)
14
35
11
14
13
13
17
9
13
(a) Includes scored loans held in CCB, scored mortgage and home equity loans held in AWM, and scored mortgage loans held in CIB and Corporate.
(b) Includes loans held in CIB, CB, AWM, Corporate as well as risk-rated loans held in CCB, including business banking and J.P. Morgan Wealth Management loans held in Banking & Wealth Management, and auto dealer loans for which the wholesale methodology is applied when
determining the allowance for loan losses.
(c) Receivables from customers reflect held-for-investment margin loans to brokerage clients in CIB, CCB and AWM; these are reported within accrued interest and accounts receivable on the Consolidated balance sheets.
(d) Also includes commercial card lending-related commitments primarily in CB and CIB.
(e) Represents total consumer loans and lending-related commitments.
(f) Represents total wholesale loans, lending-related commitments, derivative receivables, and receivables from customers.
(g) As of December 31, 2023, September 30, 2023 and June 30, 2023 includes credit exposure associated with First Republic consisting of $101.6 billion, $103.3 billion and $104.6 billion in the Consumer credit portfolio, respectively, and $90.6 billion, $95.2 billion and $98.2 billion in
the Wholesale credit portfolio, respectively.
(h) Prior-period amount has been revised to conform with the current presentation.
Page 25View entire presentation