Jp Morgan Chase & Co. · NYSE:JPM
Jp Morgan Chase & — Q2 2025 Earnings Presentation
13 slides from Jp Morgan Chase &'s earnings presentation, Jul 15, 2025
Slide 1: 2Q25 Financial Results
July 15, 2025 2Q25 Financial Results Exhibit 99
Slide 2: 2Q25 Financial highlights
2Q25 Financial highlights ROTCE1 21% CET1 capital ratios2 Std. 15.0% | Adv. 15.1% Total Loss-Absorbing Capacity2 $560B Std. RWA3 $1.9T Cash and marketable securities4 $1.5T Average loans $1.4T Balance sheet ⚫ Loans: average loans of $1.4T up 5% YoY and 3% QoQ ⚫ Deposits: average deposits of $2.5T up
Slide 3: 2Q25 Financial results
2Q25 1Q25 2Q24 Net interest income $23.3 ($0.1) $0.5 Noninterest revenue 22.4 (0.3) (5.8) Managed revenue1 45.7 (0.3) (5.3) Expense 23.8 0.2 0.1 Credit costs 2.8 (0.5) (0.2) Net income $15.0 $0.3 ($3.2) Net income applicable to common stockholders $14.6 $0.3 ($3.1) EPS – diluted $5.24 $0.17 ($0.88)
Slide 4: Fortress balance sheet
Fortress balance sheet $B, EXCEPT PER SHARE DATA STANDARDIZED RISK-WEIGHTED ASSETS ($B)1 Note: Totals may not sum due to rounding 1 Estimated for the current period. See note 1 on slide 10 2 Estimated for the current period. Represents the supplementary leverage ratio (“SLR”) 3 Estimated for the cur
Slide 5: Consumer & Community Banking
Consumer & Community Banking1 CIB AWM Corp.CCB ⚫ Average loans up 1% YoY and flat QoQ ⚫ Average deposits down 1% YoY and up 1% QoQ ⚫ Active mobile customers up 8% YoY ⚫ Debit & credit card sales volume up 7% YoY ⚫ Client investment assets up 14% YoY and 7% QoQ KEY DRIVERS / STATISTICS ($B) – DETAIL
Slide 6: Commercial & Investment Bank
REVENUE BY CLIENT COVERAGE SEGMENT ($MM) KEY DRIVERS / STATISTICS ($B)3 FINANCIAL PERFORMANCE Commercial & Investment Bank1 1 See note 1 on slide 9; For additional footnotes see slide 11 CCB CIB AWM Corp. SELECTED INCOME STATEMENT DATA ($MM) ⚫ Net income of $6.7B, up 13% YoY; revenue of $19.5B, up 9
Slide 7: Asset & Wealth Management
FINANCIAL PERFORMANCESELECTED INCOME STATEMENT DATA ($MM) Asset & Wealth Management1 1 See note 1 on slide 9 2 Actual numbers for all periods, not over/(under) CCB CIB AWM Corp. KEY DRIVERS / STATISTICS ($B)2 ⚫ Net income of $1.5B, up 17% YoY ⚫ Revenue of $5.8B, up 10% YoY, driven by growth in manag
Slide 8: Corporate
Corporate1 1 See note 1 on slide 9 2 See note 3 on slide 10 CCB CIB AWM Corp. SELECTED INCOME STATEMENT DATA ($MM) FINANCIAL PERFORMANCE ⚫ Revenue of $1.5B, down $8.6B YoY ⚫ Net interest income of $1.5B, down $875mm YoY, driven by the impact of changes in funds transfer pricing2 for consumer deposit
Slide 9: Outlook
Outlook1 1 See notes 1, 2 and 4 on slide 9 FIRMWIDE Expect FY2025 net interest income of ~$95.5B, market dependent Expect FY2025 net interest income excluding Markets of ~$92B, market dependent Expect FY2025 Card Services NCO rate of ~3.6%3 Expect FY2025 adjusted expense of ~$95.5B, market dependent
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