Slide 1: 2Q25 Financial Results
July 15, 2025 2Q25 Financial Results
Slide 2: 2Q25 Financial highlights
2Q25 Financial highlights CET1 capital ratios2 Std. RWA3 $1.9T ROTCE1 15.0% | Adv. 15.1% Std. Cash and marketable securities4 $1.5T 21% Total Loss-Absorbing Capacity $560B Average loans $1.4T 2 ⚫ 2Q25 net income of $15.0B and EPS of $5.24 – Excluding a significant item5, 2Q25 net income of $14.2B, E
Slide 3: 2Q25 Financial results
2Q25 Financial results1 $B, EXCEPT PER SHARE DATA $ O/(U) 2Q25 1Q25 2Q24 Net interest income $23.3 ($0.1) $0.5 Noninterest revenue 22.4 (0.3) (5.8) Managed revenue 1 $B 2Q25 1Q25 2Q24 45.7 (0.3) (5.3) Net charge-offs $2.4 $2.3 $2.2 Expense Reserve build/(release) 0.4 1.0 0.8 23.8 0.2 0.1 Credit cost
Slide 4: Fortress balance sheet
Fortress balance sheet $B, EXCEPT PER SHARE DATA STANDARDIZED CET1 RATIO1 2Q25 1Q25 2Q24 1 Risk-based capital metrics 81 bps CET1 capital $284 $280 $267 CET1 capital ratio – Standardized 15.0% 15.4% 15.3% 15.4% (60 bps) CET1 capital ratio – Advanced 15.1 15.6 15.5 4 bps 15.0% (59 bps) (2 bps) Basel
Slide 5: Consumer & Community Banking
CCB CIB AWM Corp. Consumer & Community Banking1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE $ O/(U) ⚫ Net income of $5.2B, up 23% YoY 2Q25 1Q25 2Q24 ⚫ Revenue of $18.8B, up 6% YoY, predominantly driven by higher net 2 Revenue $18,847 $534 $1,146 interest income in Card Services on hig
Slide 6: Commercial & Investment Bank
CCB CIB AWM Corp. Commercial & Investment Bank1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE $ O/(U) ⚫ Net income of $6.7B, up 13% YoY; revenue of $19.5B, up 9% YoY 2Q25 1Q25 2Q24 ⚫ Banking & Payments revenue ⚫ IB revenue of $2.7B, up 9% YoY, predominantly driven by higher debt Revenue
Slide 7: Asset & Wealth Management
CCB CIB AWM Corp. Asset & Wealth Management1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE ⚫ Net income of $1.5B, up 17% YoY $ O/(U) ⚫ Revenue of $5.8B, up 10% YoY, driven by growth in management fees on 2Q25 1Q25 2Q24 strong net inflows and higher average market levels, as well as high
Slide 8: Corporate
CCB CIB AWM Corp. Corporate1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE ⚫ Revenue of $1.5B, down $8.6B YoY $ O/(U) ⚫ Net interest income of $1.5B, down $875mm YoY, driven by the impact 2Q25 1Q25 2Q24 of changes in funds transfer pricing2 for consumer deposits as well as lower rates,
Slide 9: Outlook
Outlook1 FIRMWIDE Expect FY2025 net interest income of ~$95.5B, market dependent 1 Expect FY2025 net interest income excluding Markets of ~$92B, market dependent ~$95.5B, market dependent 2 Expect FY2025 adjusted expense of – Adjusted expense excludes Firmwide legal expense 3 Expect FY2025 Card Serv
Slide 10: Notes on non-GAAP financial measures
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
Slide 11: Additional notes
Additional notes 1. As of January 1, 2025, the benefit from the Current Expected Credit Losses ("CECL") capital transition provision had been fully phased-out; as of June 30, 2024, CET1 capital and Total Loss-Absorbing Capacity reflected the remaining $720mm CECL benefit. Refer to Note 21 of the Fir
Slide 12: Additional notes on slides 4-5
Additional notes on slides 4-5 Slide 4 – Consumer & Community Banking 3. Actual numbers for all periods, not over/(under) 4. Users of all mobile platforms who have logged in within the past 90 days 5. Excludes Commercial Card 6. Firmwide mortgage origination volume was $16.3B, $11.2B and $12.3B for
Slide 13: Forward-looking statements
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 an