J.P.Morgan 2Q23 Investor Results slide image

J.P.Morgan 2Q23 Investor Results

JPMORGAN CHASE & CO. SUPPLEMENTAL INFORMATION RELATED TO THE FIRST REPUBLIC ACQUISITION (in millions) SELECTED INCOME STATEMENT DATA REVENUE Asset management fees All other income Noninterest revenue Net interest income TOTAL NET REVENUE Provision for credit losses Noninterest expense NET INCOME SELECTED BALANCE SHEET DATA (period-end) Loans Deposits $ $ CCB 107 105 212 619 831 408 37 293 94,721 68,351 $ $ THREE AND SIX MONTHS ENDED JUNE 30, 2023 CB 178 178 608 (327) JPMORGAN CHASE & Co. 39,500 $ $ AWM 174 174 129 303 146 119 13,696 $ $ CORP 2,762 (a) 2,762 (29) 2,733 562 2,301 $ $ Total 107 3,041 3,148 897 4,045 1,162 599 2,386 147,917 (b) 68,351 (a) On May 1, 2023, JPMorgan Chase acquired certain assets and assumed certain liabilities of First Republic Bank (the "First Republic acquisition") from the Federal Deposit Insurance Corporation ("FDIC") resulting in an estimated bargain purchase gain of $2.7 billion recorded in other income. The bargain purchase gain generally represents the excess of the estimated fair value of the net assets acquired over the purchase price. This estimate is preliminary and subject to change for up to one year from the acquisition date, as permitted by U.S. GAAP, and as the settlement with the FDIC is finalized. (b) Excludes $1.9 billion of loans transferred to the CIB. Page 30
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