v3.25.2
Business Segments & Corporate (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
[1]
Segment Reporting Information [Line Items]          
Number of reportable segments | segment     3    
Noninterest revenue $ 21,703 $ 27,454 $ 43,740 $ 46,306  
Net interest income 23,209 22,746 46,482 45,828  
Total net revenue 44,912 50,200 90,222 92,134  
Provision for credit losses 2,849 3,052 6,154 4,936  
Compensation expense 13,710 12,953 27,803 26,071  
Total noninterest expense 23,779 23,713 47,376 46,470  
Income/(loss) before income tax expense/(benefit) 18,284 23,435 36,692 40,728  
Income tax expense 3,297 5,286 7,062 9,160  
Net income 14,987 18,149 29,630 31,568  
Average equity 329,797 308,763 327,086 304,519  
Total assets $ 4,552,482 [1] $ 4,143,003 $ 4,552,482 [1] $ 4,143,003 $ 4,002,814
ROE 18.00% 23.00% 18.00% 20.00%  
Overhead ratio 53.00% 47.00% 53.00% 50.00%  
Tax benefit driven by tax audits and tax regulations $ 774   $ 774    
Contribution of Visa shares 0 $ 1,000 0 $ 1,000  
VISA | Class C Common Shares          
Segment Reporting Information [Line Items]          
Net gain related to Visa shares   7,900      
Operating Segments | Consumer & Community Banking          
Segment Reporting Information [Line Items]          
Noninterest revenue 4,452 3,996 8,623 7,941  
Net interest income 14,395 13,705 28,537 27,413  
Total net revenue 18,847 17,701 37,160 35,354  
Provision for credit losses 2,082 2,643 4,711 4,556  
Compensation expense 4,336 4,240 8,784 8,469  
Noncompensation expense 5,522 5,185 10,931 10,253  
Total noninterest expense 9,858 9,425 19,715 18,722  
Income/(loss) before income tax expense/(benefit) 6,907 5,633 12,734 12,076  
Income tax expense 1,738 1,423 3,140 3,035  
Net income 5,169 4,210 9,594 9,041  
Average equity 56,000 54,500 56,000 54,500  
Total assets $ 652,379 $ 638,493 $ 652,379 $ 638,493  
ROE 36.00% 30.00% 34.00% 33.00%  
Overhead ratio 52.00% 53.00% 53.00% 53.00%  
Operating Segments | Commercial & Investment Bank          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 13,792 $ 12,744 $ 27,614 $ 24,905  
Net interest income 5,743 5,173 11,587 10,596  
Total net revenue 19,535 17,917 39,201 35,501  
Provision for credit losses 696 384 1,401 385  
Compensation expense 5,014 4,752 10,344 9,648  
Noncompensation expense 4,627 4,414 9,139 8,242  
Total noninterest expense 9,641 9,166 19,483 17,890  
Income/(loss) before income tax expense/(benefit) 9,198 8,367 18,317 17,226  
Income tax expense 2,548 2,470 4,725 4,707  
Net income 6,650 5,897 13,592 12,519  
Average equity 149,500 132,000 149,500 132,000  
Total assets $ 2,260,825 $ 1,939,038 $ 2,260,825 $ 1,939,038  
ROE 17.00% 17.00% 18.00% 18.00%  
Overhead ratio 49.00% 51.00% 50.00% 50.00%  
Operating Segments | Asset & Wealth Management          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 4,073 $ 3,633 $ 8,066 $ 7,147  
Net interest income 1,687 1,619 3,425 3,214  
Total net revenue 5,760 5,252 11,491 10,361  
Provision for credit losses 46 20 36 (37)  
Compensation expense 2,112 1,960 4,208 3,932  
Noncompensation expense 1,621 1,583 3,238 3,071  
Total noninterest expense 3,733 3,543 7,446 7,003  
Income/(loss) before income tax expense/(benefit) 1,981 1,689 4,009 3,395  
Income tax expense 508 426 953 842  
Net income 1,473 1,263 3,056 2,553  
Average equity 16,000 15,500 16,000 15,500  
Total assets $ 268,966 $ 247,353 $ 268,966 $ 247,353  
ROE 36.00% 32.00% 38.00% 32.00%  
Overhead ratio 65.00% 67.00% 65.00% 68.00%  
Corporate          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 49 $ 7,758 $ 702 $ 7,483  
Net interest income 1,489 2,364 3,140 4,841  
Total net revenue 1,538 10,122 3,842 12,324  
Provision for credit losses 25 5 6 32  
Total noninterest expense 547 1,579 732 2,855  
Income/(loss) before income tax expense/(benefit) 966 8,538 3,104 9,437  
Income tax expense (729) 1,759 (284) 1,982  
Net income 1,695 6,779 3,388 7,455  
Average equity 108,297 106,763 105,586 102,519  
Total assets 1,370,312 1,318,119 1,370,312 1,318,119  
Reconciling Items          
Segment Reporting Information [Line Items]          
Noninterest revenue (663) (677) (1,265) (1,170)  
Net interest income (105) (115) (207) (236)  
Total net revenue (768) (792) (1,472) (1,406)  
Provision for credit losses 0 0 0 0  
Total noninterest expense 0 0 0 0  
Income/(loss) before income tax expense/(benefit) (768) (792) (1,472) (1,406)  
Income tax expense (768) (792) (1,472) (1,406)  
Net income $ 0 $ 0 $ 0 $ 0  
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 2025 and December 31, 2024. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorganChase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion.
(in millions)June 30, 2025December 31, 2024
Assets
Trading assets$4,143 $3,885 
Loans38,434 36,510 
All other assets632 681 
Total assets$43,209 $41,076 
Liabilities
Beneficial interests issued by consolidated VIEs$27,700 $27,323 
All other liabilities468 454 
Total liabilities$28,168 $27,777