v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 24,720 $ 21,742
Deposits with banks 285,091 321,596
Federal funds sold and securities purchased under resale agreements (included $432,939 and $327,018 at fair value) 446,143 336,426
Securities borrowed (included $118,384 and $98,111 at fair value) 362,487 286,191
Trading assets (included assets pledged of $267,907 and $165,927) 1,062,072 802,873
Available-for-sale securities (amortized cost of $538,689 and $507,226; included assets pledged of $12,007 and $7,735) 536,048 507,198
Held-to-maturity securities 268,474 270,134
Investment securities, net of allowance for credit losses 804,522 777,332
Loans (included $62,889 and $70,684 at fair value) 1,542,462 1,493,429
Allowance for loan losses (26,152) (25,765)
Loans, net of allowance for loan losses 1,516,310 1,467,664
Accrued interest and accounts receivable 179,939 111,599
Premises and equipment 37,701 36,244
Goodwill, MSRs and other intangible assets 64,304 64,458
Other assets (included $32,431 and $15,849 at fair value and assets pledged of $16,137 and $11,984) 231,780 198,775
Total assets [1] 5,015,069 4,424,900
Liabilities    
Deposits (included $26,229 and $20,930 at fair value) 2,713,700 2,559,320
Federal funds purchased and securities loaned or sold under repurchase agreements (included $568,730 and $360,194 at fair value) 704,918 442,396
Short-term borrowings (included $29,967 and $32,460 at fair value) 72,430 64,776
Trading liabilities 275,136 216,019
Accounts payable and other liabilities (included $18,383 and $6,660 at fair value) 384,290 316,794
Beneficial interests issued by consolidated VIEs (included $5 and $5 at fair value) 29,474 27,951
Long-term debt (included $156,056 and $134,559 at fair value) 460,523 435,206
Total liabilities [1] 4,640,471 4,062,462
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,105,375 and 2,005,375 shares) 21,040 20,045
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) 4,105 4,105
Additional paid-in capital 90,559 91,114
Retained earnings 445,020 416,055
Accumulated other comprehensive losses (7,693) (4,290)
Treasury stock, at cost (1,446,747,700 and 1,408,661,319 shares) (178,433) (164,591)
Total stockholders’ equity 374,598 362,438
Total liabilities and stockholders’ equity 5,015,069 4,424,900
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $267,907 and $165,927) 6,094 4,835
Loans, net of allowance for loan losses 34,178 37,777
Other assets (included $32,431 and $15,849 at fair value and assets pledged of $16,137 and $11,984) 734 683
Total assets 41,006 43,295
Liabilities    
Beneficial interests issued by consolidated VIEs (included $5 and $5 at fair value) 29,474 27,951
All other liabilities 813 691
Total liabilities $ 30,287 $ 28,642
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 2026 and December 31, 2025. 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, 2026December 31, 2025
Assets
Trading assets$6,094 $4,835 
Loans34,178 37,777 
All other assets734 683 
Total assets$41,006 $43,295 
Liabilities
Beneficial interests issued by consolidated VIEs$29,474 $27,951 
All other liabilities813 691 
Total liabilities$30,287 $28,642