1Q24 Financial Results

April 12, 2024

1Q24 Financial highlights
CET1 capital ratios2 Std. RWA3 $1.7T
ROTCE1
Std. 15.0% 15.3% | Adv. $1.5T
21% Cash and marketable securities4
Total Loss-Absorbing Capacity $520B 2
Average loans $1.3T

⚫ 1Q24 net income of $13.4B and EPS of $4.44

– Excluding a $725mm increase to the FDIC special assessment5, 1Q24 net income of $14.0B, EPS of $4.63 and
Income statement ROTCE of 22%
⚫ Managed revenue of $42.5B6
⚫ Expense of $22.8B and managed overhead ratio of 53%6

⚫ Loans: average loans of $1.3T up 16% YoY and flat QoQ

– Ex. FR7, average loans of $1.2T up 3% YoY and flat QoQ
⚫ Deposits: average deposits of $2.4T up 2% YoY and flat QoQ
Balance sheet
– Ex. FR, average deposits of $2.3T flat YoY and QoQ
⚫ CET1 capital of $258B2
– Standardized CET1 capital ratio of 15.0%2; Advanced CET1 capital ratio of 15.3%2

⚫ Common dividend of $3.3B or $1.15 per share

Capital distributed ⚫ $2.0B of common stock net repurchases8
⚫ Net payout LTM of 42%8,9

SIGNIFICANT ITEMS ($MM, EXCLUDING EPS)

Pretax Net income EPS
Increase to the FDIC special assessment in Corporate ($725) ($550) ($0.19)

1 See note 4 on slide 10 6 See note 1 on slide 10

2 Represents the estimated Basel III common equity Tier 1 (“CET1”) capital and ratio and Total Loss- 7 On May 1, 2023, JPMorgan Chase acquired certain assets and assumed certain liabilities of First
Absorbing Capacity for the current period. See note 1 on slide 11 Republic. All references in this presentation to “ex. FR” or “FR impact” refer to excluding or including the
3 Standardized risk-weighted assets (“RWA”). Estimated for the current period. See note 1 on slide 11 relevant effects of the First Republic acquisition, as well as subsequent related business and activities,
4 Cash and marketable securities represents HQLA and unencumbered marketable securities. Estimated as applicable
for the current period. See note 2 on slide 11 8 Includes the net impact of employee issuances. Excludes excise tax and commissions
5 See note 3 on slide 10 9 Last twelve months (“LTM”)

1
1Q24 Financial results1
$B, EXCEPT PER SHARE DATA

1Q24 ex. FR $ O/(U)

Reported FR impact ex. FR 4Q23 1Q23
Net interest income $23.2 $1.3 $21.9 ($1.0) $1.0
Noninterest revenue 19.3 0.3 19.0 3.8 0.5
Managed revenue 1 $B 1Q24 4Q23 1Q23 42.5 1.7 40.9 2.8 1.5
Net charge-offs $2.0 $2.2 $1.1
Expense Reserve build/(release) (0.1) 0.6 1.1
22.8 0.8 22.0 (1.6) 1.8
Credit costs Credit costs $1.9 $2.8 $2.3 1.9 (0.0) 1.9 (0.7) (0.4)
Net income 1Q24 Tax rate $13.4 $0.7 $12.8 $4.1 $0.1
Effective rate: 22.4%
Net income applicable to common stockholders Managed rate: 25.1%1,6 $12.9 $0.7 $12.3 $4.1 $0.1
EPS – diluted $4.44 $0.23 $4.21 $1.39 $0.11
1Q24 ROE O/H ratio
ROE2 17% 1% 17% 11% 18%
CCB 35% 53%
ROTCE2,3 CIB 18% 53% 21 1 20 14 23
CB 24% 38%
Overhead ratio – managed1,2 AWM 33% 68% 53 (0) 54 62 51
Memo:
NII excluding Markets 4 $23.0 $1.3 $21.7 ($0.5) $0.7
NIR excluding Markets 4 11.5 0.3 11.2 1.2 1.2
Markets revenue 8.0 - 8.0 2.2 (0.4)
Managed revenue 1 42.5 1.7 40.9 2.8 1.5
Adjusted expense 5 $22.8 $0.8 $22.0 ($1.4) $2.1
Adjusted overhead ratio 1,2,5 54% (0)% 54% 62% 51%

Note: Totals may not sum due to rounding

1 See note 1 on slide 10
2 Actual numbers for all periods, not over/(under)
3 See note 4 on slide 10
4 See note 2 on slide 10
5 See note 5 on slide 10
6 Reflects fully taxable-equivalent (“FTE”) adjustments of $614mm in 1Q24

2
Fortress balance sheet
$B, EXCEPT PER SHARE DATA STANDARDIZED CET1 RATIO (%)1
1Q24 4Q23 1Q23 78 bps
(0 bps)
Risk-based capital metrics1

CET1 capital $258 $251 $227 (32 bps)

CET1 capital ratio – Standardized 15.0% 15.0% 13.8% 15.0% 15.0%

(39 bps) (3 bps)
CET1 capital ratio – Advanced 15.3 15.0 13.9

Basel III Standardized RWA $1,716 $1,672 $1,647

Leverage-based capital metric2

Firm SLR 6.1% 6.1% 5.9% 4Q23 Net AOCI 7 Capital RWA Other9 1Q24
income6 Distributions8

Liquidity metrics3 STANDARDIZED RISK-WEIGHTED ASSETS ($B)1

Firm LCR 112% 113% 114%
45 1,716
Bank LCR 129 129 140

Total excess HQLA $307 $309 $368

1,672 7
HQLA and unencumbered marketable securities 1,496 1,447 1,459 4

(9)
Balance sheet metrics

Total assets (EOP) $4,091 $3,875 $3,744

Deposits (average) 2,375 2,372 2,320

Tangible book value per share5 88.43 86.08 76.69 4Q23 Lending10 Market Risk Credit Risk 1Q24
ex. Lending

Note: Totals may not sum due to rounding 5 See note 4 on slide 10
1 Estimated for the current period. See note 1 on slide 11 6 Reflects Net Income Applicable to Common Equity
2 Estimated for the current period. Represents the supplementary leverage ratio (“SLR”) 7 Excludes AOCI on cash flow hedges and DVA related to structured notes
3 Estimated for the current period. Liquidity Coverage Ratio (“LCR”) represents the average LCR for 8 Includes net share repurchases and common dividends

the Firm and JPMorgan Chase Bank, N.A. (“Bank”). See note 2 on slide 11 9 Primarily CET1 capital deductions, including the impact of CECL
4 See note 3 on slide 11 10 Includes Loans and Commitments

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 CCB CIB CB AWM Corp.

Consumer & Community Banking1

SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE (ex. FR)
1Q24 ex. FR $ O/(U) ⚫ Net income of $4.4B, down 15% YoY
Reported FR impact ex. FR 4Q23 1Q23 ⚫ Revenue of $16.6B, up 1% YoY, largely driven by higher net interest
Revenue $17,653 $1,031 $16,622 ($384) $166 income
Banking & Wealth Management 10,324 639 9,685 (447) (356)
⚫ Expense of $8.8B, up 9% YoY, largely driven by higher compensation,
Home Lending 1,186 392 794 (20) 74 primarily for bankers and advisors as well as technology, in addition to
Card Services & Auto 6,143 - 6,143 84 448 continued investments in marketing
Expense 9,297 518 8,779 42 714
⚫ Credit costs of $1.9B
Credit costs 1,913 (9) 1,922 (252) 520
Net charge-offs (NCOs) 1,879 2 1,877 241 825 ⚫ NCOs of $1.9B, up $825mm YoY, predominantly driven by continued
Change in allowance 34 (11) 45 (493) (305)
normalization in Card Services
Net income $4,831 $395 $4,436 $11 ($807) ⚫ Net reserve build of $45mm, driven by a net build of $153mm in Card
Services, largely offset by a net release of $100mm in Home Lending

KEY DRIVERS / STATISTICS ($B)2 KEY DRIVERS / STATISTICS ($B) – DETAIL BY BUSINESS
1Q24 ex. FR 1Q24 ex. FR
Reported FR impact ex. FR 4Q23 1Q23 Reported FR impact ex. FR 4Q23 1Q23
Average equity $54.5 $3.5 $51.0 $52.0 $52.0 Banking & Wealth Management
Business Banking average loans $19.4 - $19.4 $19.5 $19.9
ROE 35% 1% 34% 33% 40%
Business Banking loan originations 1.1 - 1.1 1.1 1.0
Overhead ratio 53 0 53 51 49
Client investment assets (EOP) 1,010.3 146.6 863.7 806.5 690.8
Average loans $571.1 $94.2 $476.9 $476.7 $449.8 Deposit margin 2.71% 0.03% 2.67% 2.79% 2.78%
Average deposits 1,079.2 40.6 1,038.7 1,049.6 1,113.0 Home Lending
Active mobile customers (mm) 3 54.7 n.a. 54.7 53.8 50.9 Average loans $257.9 $90.2 $167.7 $170.3 $172.1
5
4 Loan originations 6.6 0.3 6.3 6.8 5.7
Debit & credit card sales volume $420.7 $0.5 $420.2 $440.5 $387.3
Third-party mortgage loans serviced (EOP) 626.2 2.8 623.4 628.3 575.9
⚫ Ex. FR: Net charge-off/(recovery) rate (0.01)% 0.01% (0.02)% 0.01% (0.04)%
Card Services & Auto
⚫ Average loans up 6% YoY and flat QoQ
Card Services average loans $204.7 - $204.7 $202.7 $180.5
⚫ Average deposits down 7% YoY and 1% QoQ Auto average loans and leased assets 87.7 - 87.7 86.8 80.3
– EOP deposits down 7% YoY and up 1% QoQ Auto loan and lease originations 8.9 - 8.9 9.9 9.2
⚫ Active mobile customers up 7% YoY Card Services net charge-off rate 3.32% - 3.32% 2.79% 2.07%
Card Services net revenue rate 10.09 - 10.09 9.82 10.38
⚫ Debit & credit card sales volume up 9% YoY 4
Card Services sales volume $291.0 - $291.0 $307.2 $266.2
⚫ Client investment assets up 25% YoY and 7% QoQ
Note: Totals may not sum due to rounding
1 See note 1 on slide 10

For additional footnotes see slide 12

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 CCB CIB CB AWM Corp.

Corporate & Investment Bank1

SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE
$ O/(U) ⚫ Net income of $4.8B, up 8% YoY; revenue of $13.6B, flat YoY
1Q24 4Q23 1Q23 ⚫ Banking revenue
Revenue $13,633 $2,675 $33 ⚫ IB revenue of $2.0B, up 27% YoY
Investment Banking revenue 1,986 410 426
– IB fees up 21% YoY, driven by higher debt and equity underwriting
Payments 2,367 35 (29)
fees, partially offset by lower advisory fees
Lending 130 (20) (137)
⚫ Payments revenue of $2.4B, down 1% YoY, driven by deposit margin
Total Banking 4,483 425 260
compression and higher deposit-related client credits, largely offset by
Fixed Income Markets 5,297 1,264 (402)
fee growth and higher deposit balances
Equity Markets 2,685 907 2
Securities Services 1,183 (8) 35 ⚫ Lending revenue of $130mm, down 51% YoY, predominantly driven by
Credit Adjustments & Other (15) 87 138 mark-to-market losses on hedges of the retained lending portfolio
Total Markets & Securities Services 9,150 2,250 (227) ⚫ Markets & Securities Services revenue
Expense 7,218 444 (265)
⚫ Markets revenue of $8.0B, down 5% YoY
Credit costs 32 (178) (26)
– Fixed Income Markets revenue of $5.3B, down 7% YoY, driven by
Net income $4,753 $2,229 $332
lower activity in Rates and Commodities compared with a strong prior
year, partially offset by higher revenue in Securitized Products
– Equity Markets revenue of $2.7B, flat YoY
KEY DRIVERS / STATISTICS ($B)2
⚫ Securities Services revenue of $1.2B, up 3% YoY
1Q24 4Q23 1Q23
⚫ Expense of $7.2B, down 4% YoY, predominantly driven by lower legal
Equity $102.0 $108.0 $108.0
expense
ROE 18% 9% 16%
Overhead ratio 53 62 55
Comp/revenue 30 31 30
IB fees ($mm) $2,001 $1,654 $1,654
Average loans 235.2 233.3 228.1
Average client deposits3 665.9 660.8 633.7
Merchant processing volume4 604 639 559
Assets under custody ($T) 34.0 32.4 29.7
Net charge-off/(recovery) rate5 0.00% 0.25% 0.11%
Average VaR ($mm) $41 $32 $45

1 See note 1 on slide 10

For additional footnotes see slide 12

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 CCB CIB CB AWM Corp.

Commercial Banking1
SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE (ex. FR)

1Q24 ex. FR $ O/(U) ⚫ Net income of $1.6B, up 21% YoY

Reported FR impact ex. FR 4Q23 1Q23 ⚫ Revenue of $3.6B, up 3% YoY, driven by higher noninterest
revenue
Revenue $3,951 $352 $3,599 ($56) $88
⚫ Investment Banking and Markets revenue, gross of
Middle Market Banking 1,832 72 1,760 (63) 79 $913mm, up 4% YoY, with increased IB fees largely offset
Corporate Client Banking 1,194 2 1,192 30 16 by lower markets revenue compared to a strong prior-year
quarter
Commercial Real Estate Banking 909 278 631 (24) (11)
⚫ Payments revenue of $1.9B, down 2% YoY, driven by
Other 16 - 16 1 4 lower deposit margins and balances, largely offset by fee
growth net of higher deposit-related client credits
Expense 1,506 28 1,478 110 170
⚫ Expense of $1.5B, up 13% YoY, predominantly driven by
Credit costs (31) 4 (35) (304) (452)
higher compensation, reflecting an increase in employees
Net income $1,869 $243 $1,626 $153 $279 including front office and technology investments, as well as
higher volume-related expense
KEY DRIVERS / STATISTICS ($B)2 ⚫ Credit costs were a net benefit of $35mm
1Q24 ex. FR
⚫ Net reserve release of $101mm, reflected a reserve build
Reported FR impact ex. FR 4Q23 1Q23 associated with net downgrade activity, primarily in Real
Average equity $30.0 $1.5 $28.5 $28.5 $28.5 Estate, which was more than offset by updates to certain
ROE 24% 2% 22% 20% 18% macroeconomic variables and the impact of net lending
Overhead ratio 38 (3) 41 37 37 activity
Payments revenue ($mm) $2,014 $76 $1,938 $1,980 $1,972 3 ⚫ NCOs of $66mm
Investment Banking and Markets
913 - 913 924 881
⚫ Average loans of $241B, up 1% YoY and flat QoQ
4
revenue, gross ($mm)
⚫ C&I7 down 1% YoY and down 1% QoQ
Average loans 279.5 38.6 241.0 242.0 238.0
⚫ CRE7 up 3% YoY and flat QoQ
Average client deposits 265.7 7.1 258.6 262.1 265.9
Allowance for loan losses 5.0 0.7 4.3 4.3 3.6 ⚫ Average deposits of $259B, down 3% YoY, primarily driven
by lower non-operating deposits
Nonaccrual loans 1.2 0.2 1.0 0.7 0.9
5 6 ⚫ Down 1% QoQ, reflecting seasonally lower balances
Net charge-off/(recovery) rate 0.10% (0.01)% 0.11% 0.21% 0.06%
5
ALL/loans 1.78 0.00 1.78 1.81 1.49
Note: Totals may not sum due to rounding
1 See note 1 on slide 10

For additional footnotes see slide 12

6
 CCB CIB CB AWM Corp.

Asset & Wealth Management1

SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE (ex. FR)

1Q24 ex. FR $ O/(U) ⚫ Net income of $1.0B, down 26% YoY

Reported FR impact ex. FR 4Q23 1Q23 ⚫ Revenue of $4.7B, down 1% YoY, reflecting net investment
valuation gains in the prior year, primarily a gain of $339mm
Revenue $5,109 $367 $4,742 $79 ($42)
associated with closing the J.P. Morgan Asset Management
Asset Management 2,326 - 2,326 (77) (108) China acquisition

Global Private Bank 2,783 367 2,416 156 66 ⚫ Excluding valuation gains, up 5% YoY, driven by higher
management fees on strong net inflows and higher
Expense 3,460 33 3,427 72 336 average market levels, partially offset by lower net interest
Credit costs (57) (26) (31) (17) (59) income due to deposit margin compression

Net income $1,290 $272 $1,018 $93 ($349)

⚫ Expense of $3.4B, up 11% YoY, largely driven by higher
compensation, including revenue-related compensation,
continued growth in private banking advisor teams and the
impact of the J.P. Morgan Asset Management China
acquisition, as well as higher distribution fees
KEY DRIVERS / STATISTICS ($B)2 ⚫ AUM of $3.6T was up 19% YoY and client assets of $5.2T
were up 20% YoY, each driven by higher market levels and
1Q24 ex. FR continued net inflows
Reported FR impact ex. FR 4Q23 1Q23 ⚫ For the quarter, AUM had long-term net inflows of $34B

Average equity $15.5 $1.0 $14.5 $16.0 $16.0 ⚫ Average loans of $213B, up 1% YoY and down 1% QoQ

ROE 33% 5% 27% 22% 34% ⚫ Average deposits of $215B, down 4% YoY and flat QoQ

Pretax margin 33 5 28 28 35

Assets under management ("AUM") $3,564 - $3,564 $3,422 $3,006

Client assets 5,219 15 5,204 5,000 4,347

Average loans 223.4 10.7 212.7 215.3 211.5

Average deposits 227.7 12.6 215.1 215.4 224.4

Note: Totals may not sum due to rounding

1 See note 1 on slide 10
2 Actual numbers for all periods, not over/(under)

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 CCB CIB CB AWM Corp.

Corporate1
SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE (ex. FR)

1Q24 ex. FR $ O/(U) ⚫ Revenue was $2.3B, up $1.3B YoY

⚫ Net interest income was $2.5B, up $737mm YoY, driven
Reported FR impact ex. FR 4Q23 1Q23
by the impact of balance sheet mix and higher rates
Revenue $2,202 ($87) $2,289 $509 $1,304
⚫ Noninterest revenue was a net loss of $188mm,
Net interest income 2,477 0 2,477 9 737 compared with a net loss of $755mm in the prior year
– The current quarter included $366mm of net
Noninterest revenue (275) (87) (188) 499 567
investment securities losses, compared with $868mm
Expense 1,276 227 1,049 (2,313) 889 of net securities losses in the prior year
Credit costs 27 - 27 29 (343) ⚫ Expense of $1.0B, up $889mm YoY, predominantly driven
by an increase to the FDIC special assessment
Net income/(loss) $676 ($242) $918 $1,607 $674

Note: Totals may not sum due to rounding

1 See note 1 on slide 10

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Outlook1

FIRMWIDE

Expect FY2024 net interest income of ~$90B, market dependent

1 Expect FY2024 net interest income excluding Markets of ~$89B, market dependent

~$91B, market dependent

2
Expect FY2024 adjusted expense of
– Adjusted expense includes the increase to the FDIC special assessment in 1Q24

3 Expect FY2024 Card Services NCO rate of <3.50%

1 See notes 1, 2 and 5 on slide 10

9
Notes on non-GAAP financial measures

1. In addition to analyzing the Firm’s results on a reported basis, management reviews Firmwide results, including the overhead ratio, on a “managed” basis; these
Firmwide managed basis results are non-GAAP financial measures. The Firm also reviews the results of the lines of business on a managed basis. The Firm’s
definition of managed basis starts, in each case, with the reported U.S. GAAP results and includes certain reclassifications to present total net revenue for the Firm and
each of the reportable business segments on a fully taxable-equivalent basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities
is presented in the managed results on a basis comparable to taxable investments and securities. These financial measures allow management to assess the
comparability of revenue from year-to-year arising from both taxable and tax-exempt sources. The corresponding income tax impact related to tax-exempt items is
recorded within income tax expense. These adjustments have no impact on net income as reported by the Firm as a whole or by the lines of business. For a
reconciliation of the Firm’s results from a reported to managed basis, refer to page 7 of the Earnings Release Financial Supplement. There are no reclassifications
associated with FR managed revenue

2. In addition to reviewing net interest income (“NII”) and noninterest revenue (“NIR”) on a managed basis, management also reviews these metrics excluding Markets,
which is composed of CIB's Fixed Income Markets and Equity Markets. Markets revenue consists of principal transactions, fees, commissions and other income, as
well as net interest income. These metrics, which exclude Markets, are non-GAAP financial measures. Management reviews these metrics to assess the performance
of the Firm’s lending, investing (including asset-liability management) and deposit-raising activities, apart from any volatility associated with Markets activities. In
addition, management also assesses Markets business performance on a total revenue basis as offsets may occur across revenue lines. For example, securities that
generate net interest income may be risk-managed by derivatives that are reflected at fair value in principal transactions revenue. Management believes these
measures provide investors and analysts with alternative measures to analyze the revenue trends of the Firm. For a reconciliation of NII and NIR from reported to
excluding Markets, refer to page 29 of the Earnings Release Financial Supplement. For additional information on Markets revenue, refer to page 75 of the Firm’s 2023
Form 10-K

3. First-quarter 2024 net income, earnings per share and ROTCE excluding the $725mm increase to the estimated FDIC special assessment are non-GAAP financial
measures. Excluding this item resulted in an increase of $550mm (after tax) to reported net income from $13.4B to $14.0B; an increase of $0.19 per share to reported
EPS from $4.44 to $4.63; and an increase of 1% to ROTCE from 21% to 22%. Management believes these measures provide useful information to investors and
analysts in assessing the Firm’s results

4. Tangible common equity (“TCE”), return on tangible common equity (“ROTCE”) and tangible book value per share (“TBVPS”), are each non-GAAP financial measures.
TCE represents the Firm’s common stockholders’ equity (i.e., total stockholders’ equity less preferred stock) less goodwill and identifiable intangible assets (other than
mortgage servicing rights), net of related deferred tax liabilities. For a reconciliation from common stockholders’ equity to TCE, refer to page 10 of the Earnings
Release Financial Supplement. ROTCE measures the Firm’s net income applicable to common equity as a percentage of average TCE. ROTCE ex. FR uses the same
average TCE. TBVPS represents the Firm’s TCE at period-end divided by common shares at period-end. Book value per share was $106.81, $104.45 and $94.34 at
March 31, 2024, December 31, 2023 and March 31, 2023, respectively. TCE, ROTCE and TBVPS are utilized by the Firm, as well as investors and analysts, in
assessing the Firm’s use of equity

5. Adjusted expense and adjusted overhead ratio are each non-GAAP financial measures. Adjusted expense represents noninterest expense excluding Firmwide legal
expense of ($72mm), $175mm and $176mm for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023, respectively. There was no legal
expense excluded from FR adjusted expense for the three months ended March 31, 2024 and December 31, 2023. The adjusted overhead ratio measures the Firm’s
adjusted expense as a percentage of managed net revenue. Management believes this information helps investors understand the effect of these items on reported
results and provides an alternate presentation of the Firm’s performance

10
Additional notes

1. Reflects the Current Expected Credit Losses ("CECL") capital transition provisions. As of March 31, 2024, CET1 capital and Total Loss-Absorbing Capacity reflected
the final remaining $720mm CECL benefit; as of December 31, 2023 and March 31, 2023, CET1 capital reflected a $1.4B benefit. Refer to Note 27 of the Firm’s 2023
Form 10-K for additional information

2. Total excess high-quality liquid assets (“HQLA”) represent the average eligible unencumbered liquid assets that are in excess of what is required to meet the estimated
Firm and Bank total net cash outflows over a prospective 30 calendar-day period of significant stress under the LCR rule. HQLA and unencumbered marketable
securities, includes end-of-period HQLA, excluding regulatory prescribed haircuts under the LCR rule where applicable, for both the Firm and the excess HQLA-eligible
securities included as part of the excess liquidity at JPMorgan Chase Bank, N.A., which are not transferable to non-bank affiliates and thus excluded from the Firm’s
LCR. Also includes other end-of-period unencumbered marketable securities, such as equity and debt securities. Does not include borrowing capacity at Federal Home
Loan Banks and the discount window at the Federal Reserve Bank. Refer to Liquidity Risk Management on pages 102-109 of the Firm’s 2023 Form 10-K for additional
information

3. The 1Q23 prior-period amount has been revised to conform with the current presentation, which uses end-of-period HQLA and end-of-period unencumbered
marketable securities. Previous presentations used average Firm HQLA (consistent with the LCR metric) and end-of-period unencumbered marketable securities

11
Additional notes on slides 4-6

Slide 4 – Consumer & Community Banking

2. Actual numbers for all periods, not over/(under)

3. Users of all JPMorgan Chase mobile platforms who have logged in within the past 90 days. Excludes First Republic
4. Excludes Commercial Card
5. Firmwide mortgage origination volume was $7.6B, $8.6B and $6.8B for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023, respectively

Slide 5 – Corporate & Investment Bank

2. Actual numbers for all periods, not over/(under)

3. Client deposits and other third-party liabilities pertain to the Payments and Securities Services businesses
4. Represents Firmwide merchant processing volume
5. Loans held-for-sale and loans at fair value were excluded when calculating the net charge-off/(recovery) rate

Slide 6 – Commercial Banking

2. Actual numbers for all periods, not over/(under)

3. In the third quarter of 2023, certain revenue from CIB Markets products was reclassified from payments to investment banking. Prior-period amounts have been
revised to conform with the current presentation
4. Includes gross revenues earned by the Firm that are subject to a revenue sharing arrangement between CB and the CIB for Investment Banking and Markets’ products
sold to CB clients. This includes revenues related to fixed income and equity markets products. Refer to page 65 of the Firm’s 2023 Form 10-K for discussion of
revenue sharing
5. Loans held-for-sale and loans at fair value were excluded when calculating the net charge-off/(recovery) rate and loan loss coverage ratio
6. The FR impact to the net charge-off rate is negative due to the addition of FR loans to the overall denominator
7. Commercial and Industrial (“C&I”) and Commercial Real Estate (“CRE”) groupings for CB are generally based on client segments and do not align with regulatory
definitions

12
Forward-looking statements

This presentation contains forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on the current beliefs and expectations of JPMorgan Chase &
Co.’s management and are subject to significant risks and uncertainties. Actual results may differ from those set
forth in the forward-looking statements. Factors that could cause JPMorgan Chase & Co.’s actual results to differ
materially from those described in the forward-looking statements can be found in JPMorgan Chase & Co.’s
Annual Report on Form 10-K for the year ended December 31, 2023, which has been filed with the Securities and
Exchange Commission and is available on JPMorgan Chase & Co.’s website (https://jpmorganchaseco.gcs-
web.com/financial-information/sec-filings), and on the Securities and Exchange Commission’s website
(www.sec.gov). JPMorgan Chase & Co. does not undertake to update any forward-looking statements.

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