J.P.Morgan Results Presentation Deck
JPMORGAN CHASE & CO.
EARNINGS PER SHARE AND RELATED INFORMATION
(in millions, except per share and ratio data)
EARNINGS PER SHARE
Basic earnings per share
Net income
Less: Preferred stock dividends
Net income applicable to common equity
Less: Dividends and undistributed earnings allocated to
participating securities
Net income applicable to common stockholders
Total weighted-average basic shares outstanding
Net income per share
Diluted earnings per share
Net income applicable to common stockholders
Total weighted-average basic shares outstanding
Add: Dilutive impact of stock appreciation rights ("SARS") and
employee stock options, unvested performance share units
("PSUS") and nondividend-earning restricted stock units
("RSUS")
Total weighted-average diluted shares outstanding
Net income per share
COMMON DIVIDENDS
Cash dividends declared per share
Dividend payout ratio
COMMON SHARE REPURCHASE PROGRAM (a)
Total shares of common stock repurchased
Average price paid per share of common stock
Aggregate repurchases of common stock
EMPLOYEE ISSUANCE
Shares issued from treasury stock related to employee
stock-based compensation awards and employee stock
purchase plans
Net impact of employee issuances on stockholders' equity (b)
$
$
$
$
$
2Q22
$
8,649
410
8,239
44
8,195
2,962.2
2.77
8,195
2,962.2
4.1
2,966.3
2.76
1.00
36 %
5.0
$ 124.88
622
0.5
398
$
$
40
$ 7,845
1Q22
$
8,282
397
7,885
$
2,977.0
2.64
4.0
2,981.0
$ 2.63
7,845
2,977.0
1.00
38 %
18.1
$138.04
2,500
11.0
843
$
$
$
4Q21
$
10,399
426
9,973
2,977.3
$ 3.33
46
9,927
9,927
2,977.3
4.5
2,981.8
3.33
1.00
30%
12.1
$ 165.47
2,008
QUARTERLY TRENDS
1.1
147
$
56
$ 11,229
$
$
3Q21
11,687
402
11,285
$
2,999.9
3.74
11,229
2,999.9
5.2
3,005.1
3.74
1.00
27%
33.4
$ 156.87
5,240
0.5
271
$ 11,948
393
11,555
$
$
$
$
(c) $
2Q21
$
59
11,496
3,036.6
3.79
11,496
3,036.6
5.3
3,041.9
3.78
0.90
24 %
39.5
$ 156.83
6,201
0.6
276
2Q22 Change
1Q22
4%
3
4
10
4
5
4
2
5
(72)
(10)
(75)
(95)
(53)
JPMORGAN CHASE & CO.
2Q21
(28)%
4
(29)
(25)
(29)
(27)
(29)
(2)
(23)
(2)
(27)
11
(87)
(20)
(90)
(17)
44
$ 16,931
807
16,124
$
$
2022
$
$ 16,039
2,969.6
85
16,039
$
2,969.6
5.40
4.1
2,973.7
5.39
23.1
$ 135.20
3,122
2.00
37%
SIX MONTHS ENDED JUNE 30,
11.5
1,241
$ 26,248
772
25,476
130
$ 25,346
2021
$
$ 25,346
3,054.9
$
3,054.9
8.30
$
5.4
3,060.3
8.28
1.80
22 %
74.2
$ 150.95
11,200
12.9
943
2022 Change
2021
(35)%
5
(37)
(35)
(37)
(3)
(35)
(37)
(3)
(24)
(3)
(35)
11
(69)
(10)
(72)
(11)
32
(a) Effective May 1, 2022, the Firm replaced its previously approved program and is authorized to purchase up to $30 billion of common shares under a new equity repurchase program. As a result of the recent stress test results and anticipated increases in regulatory capital
requirements, share repurchases have been temporarily suspended.
(b) The net impact of employee issuances on stockholders' equity is driven by the cost of equity compensation awards that is recognized over the applicable vesting periods. The cost is partially offset by tax impacts related to the distribution of shares and the exercise of employee
stock options and SARS.
(c) On September 21, 2021, the Board of Directors declared a quarterly common stock dividend of $1.00 per share.
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