Jp Morgan Chase & Co. · NYSE:JPM
Jp Morgan Chase & — Q3 2025 Earnings Presentation
13 slides from Jp Morgan Chase &'s earnings presentation, Oct 14, 2025
Slide 1: 3Q25 Financial Results
October 14, 2025 3Q25 Financial Results
Slide 2: 3Q25 Financial highlights
3Q25 Financial highlights CET1 capital ratios2 Std. RWA3 $1.9T ROTCE1 14.8% | Adv. 14.9% Std. $1.5T Cash and marketable securities4 20% Total Loss-Absorbing Capacity $568B Average loans $1.4T 2 ⚫ 3Q25 net income of $14.4B and EPS of $5.07 Income statement ⚫ Managed revenue of $47.1B5 ⚫ Expense of $2
Slide 3: 3Q25 Financial results
3Q25 Financial results1 $B, EXCEPT PER SHARE DATA FINANCIAL PERFORMANCE $ O/(U) ⚫ Net income of $14.4B, up 12% YoY ⚫ Revenue of $47.1B, up 9% YoY; NII of $24.1B, up 2% YoY; 3Q25 2Q25 3Q24 NIR of $23.0B, up 16% YoY Net interest income $24.1 $0.8 $0.5 ⚫ NII ex. Markets of $23.4B, flat YoY, driven by t
Slide 4: Fortress balance sheet
Fortress balance sheet $B, EXCEPT PER SHARE DATA STANDARDIZED CET1 RATIO1 3Q25 2Q25 3Q24 1 Risk-based capital metrics 75 bps CET1 capital $287 $284 $273 CET1 capital ratio – Standardized 14.8% 15.1% 15.3% 15.1% (64 bps) 8 bps 14.8% CET1 capital ratio – Advanced 14.9 15.2 15.5 (41 bps) (1 bps) Basel
Slide 5: Consumer & Community Banking
CCB CIB AWM Corp. Consumer & Community Banking1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE $ O/(U) ⚫ Net income of $5.0B, up 24% YoY 3Q25 2Q25 3Q24 ⚫ Revenue of $19.5B, up 9% YoY, predominantly driven by higher net Revenue 2 $19,473 $626 $1,682 interest income in Card Services on hig
Slide 6: Commercial & Investment Bank
CCB CIB AWM Corp. Commercial & Investment Bank1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE $ O/(U) ⚫ Net income of $6.9B, up 21% YoY; revenue of $19.9B, up 17% YoY 3Q25 2Q25 3Q24 ⚫ Banking & Payments revenue Revenue $19,878 $343 $2,863 ⚫ IB revenue of $2.7B, up 14% YoY, driven by hig
Slide 7: Asset & Wealth Management
CCB CIB AWM Corp. Asset & Wealth Management1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE ⚫ Net income of $1.7B, up 23% YoY $ O/(U) ⚫ Revenue of $6.1B, up 12% YoY, predominantly driven by growth in 3Q25 2Q25 3Q24 management fees due to strong net inflows and higher average market level
Slide 8: Corporate
CCB CIB AWM Corp. Corporate1 SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE ⚫ Revenue of $1.7B, down $1.4B YoY $ O/(U) ⚫ Net interest income of $1.4B, down $1.5B YoY, predominantly driven by 3Q25 2Q25 3Q24 the impact of lower rates and changes in funds transfer pricing2 for consumer depo
Slide 9: Outlook
Outlook1 2025 outlook 3Q25YTD 4Q outlook FY25 implied (market dependent) Net interest income excluding Markets $68.7B ~$23.5B ~$92.2B Net interest income $70.8B ~$25B ~$95.8B Adjusted expense $71.4B ~$24.5B ~$95.9B 2025 outlook Card Services NCO rate ~3.3% 2026 central case (preliminary analysis) Ne
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 September 30, 2024, CET1 capital and Total Loss-Absorbing Capacity reflected the remaining $720mm CECL benefit. Refer to Note 21 of th
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 $16.9B, $16.3B and $13.3B 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