J.P.Morgan 4Q23 Earnings Results
JPMORGAN CHASE & CO.
CAPITAL AND OTHER SELECTED BALANCE SHEET ITEMS, CONTINUED
(in millions, except ratio data)
TANGIBLE COMMON EQUITY (period-end) (a)
Common stockholders' equity
Less: Goodwill
Less: Other intangible assets
Add: Certain deferred tax liabilities (b)
Total tangible common equity
TANGIBLE COMMON EQUITY (average) (a)
Common stockholders' equity
Less: Goodwill
Less: Other intangible assets
Add: Certain deferred tax liabilities (b)
Total tangible common equity
INTANGIBLE ASSETS (period-end)
Goodwill
Mortgage servicing rights
Other intangible assets
Total intangible assets
$
$
$
$
$
$
Dec 31,
2023
300,474
52,634
3,225
2,996
247,611
294,062
52,538
3,254
2,992
241,262
52,634
8,522
3,225
64,381
$
$
$
$
Sep 30,
2023
$
289,967
52,492
3,309
3,025
237,191
284,798
52,427
3,511
3,080
231,940
52,492
9,109
3,309
$ 64,910
Jun 30,
2023
$ 285,112
52,380
3,629
3,097
$ 232,200
$
277,885
52,342
2,191
2,902
226,254
$ 52,380
8,229
3,629
$ 64,238
$
275,678
52,144
2,191
2,754
$ 224,097
Mar 31,
2023
$ 271,197
51,716
1,296
2,549
220,734
$
$ 52,144
7,755
2,191
$ 62,090
$
$
$
$
$
$
Dec 31,
2022
264,928
51,662
1,224
2,510
214,552
258,770
51,586
1,217
2,508
208,475
51,662
7,973
1,224
60,859
Dec 31, 2023
Change
Sep 30,
2023
4%
♡ | +
3
(7)
(3)
4
-
(3)
(1)
JPMORGAN CHASE & Co.
Dec 31,
2022
13%
2
163
19
15
14
2
167
19
16
2
7
163
6
2023
$ 282,056
52,258
2,572
2,883
$ 230,109
(a) Refer to page 29 for further discussion of TCE.
(b) Represents deferred tax liabilities related to tax-deductible goodwill and to identifiable intangibles created in nontaxable transactions, which are netted against goodwill and other intangibles when calculating TCE.
FULL YEAR
2022
$ 253,068
50,952
1,112
2,505
203,509
$
2023 Change
2022
11 %
3
131
15
13
Page 10View entire presentation