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Business Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment results and reconciliation      
Noninterest revenue $ 64,980 $ 58,154 $ 53,724
Net interest income 54,563 57,245 55,059
Total net revenue 119,543 115,399 108,783
Provision for credit losses 17,480 5,585 4,871
Noninterest expense 66,656 65,269 63,148
Income before income tax expense 35,407 44,545 40,764
Income tax expense/(benefit) 6,276 8,114 8,290
Net income 29,131 36,431 32,474
Average equity 236,865 232,907 229,222
Total assets $ 3,386,071 [1] $ 2,687,379 [1] $ 2,622,532
Return on equity 12.00% 15.00% 13.00%
Overhead ratio 56.00% 57.00% 58.00%
Operating Segments | Consumer & Community Banking      
Segment results and reconciliation      
Noninterest revenue $ 17,740 $ 17,796 $ 15,338
Net interest income 33,528 37,337 35,933
Total net revenue 51,268 55,133 51,271
Provision for credit losses 12,312 4,954 4,754
Noninterest expense 27,990 28,276 27,168
Income before income tax expense 10,966 21,903 19,349
Income tax expense/(benefit) 2,749 5,362 4,642
Net income 8,217 16,541 14,707
Average equity 52,000 52,000 51,000
Total assets $ 496,705 $ 541,367 $ 560,177
Return on equity 15.00% 31.00% 28.00%
Overhead ratio 55.00% 51.00% 53.00%
Operating Segments | Corporate & Investment Bank      
Segment results and reconciliation      
Noninterest revenue $ 35,120 $ 30,060 $ 27,854
Net interest income 14,164 9,205 9,528
Total net revenue 49,284 39,265 37,382
Provision for credit losses 2,726 277 (60)
Noninterest expense 23,538 22,444 21,876
Income before income tax expense 23,020 16,544 15,566
Income tax expense/(benefit) 5,926 4,590 3,767
Net income 17,094 11,954 11,799
Average equity 80,000 80,000 70,000
Total assets $ 1,097,219 $ 914,705 $ 909,292
Return on equity 20.00% 14.00% 16.00%
Overhead ratio 48.00% 57.00% 59.00%
Operating Segments | Commercial Banking      
Segment results and reconciliation      
Noninterest revenue $ 3,067 $ 2,710 $ 2,620
Net interest income 6,246 6,554 6,716
Total net revenue 9,313 9,264 9,336
Provision for credit losses 2,113 296 129
Noninterest expense 3,798 3,735 3,627
Income before income tax expense 3,402 5,233 5,580
Income tax expense/(benefit) 824 1,275 1,316
Net income 2,578 3,958 4,264
Average equity 22,000 22,000 20,000
Total assets $ 228,932 $ 220,514 $ 220,229
Return on equity 11.00% 17.00% 20.00%
Overhead ratio 41.00% 40.00% 39.00%
Operating Segments | Asset & Wealth Management      
Segment results and reconciliation      
Noninterest revenue $ 10,822 $ 10,236 $ 10,052
Net interest income 3,418 3,355 3,375
Total net revenue 14,240 13,591 13,427
Provision for credit losses 263 59 52
Noninterest expense 9,957 9,747 9,575
Income before income tax expense 4,020 3,785 3,800
Income tax expense/(benefit) 1,028 918 855
Net income 2,992 2,867 2,945
Average equity 10,500 10,500 9,000
Total assets $ 203,384 $ 173,175 $ 161,047
Return on equity 28.00% 26.00% 32.00%
Overhead ratio 70.00% 72.00% 71.00%
Corporate      
Segment results and reconciliation      
Noninterest revenue $ 1,199 $ (114) $ (263)
Net interest income (2,375) 1,325 135
Total net revenue (1,176) 1,211 (128)
Provision for credit losses 66 (1) (4)
Noninterest expense 1,373 1,067 902
Income before income tax expense (2,615) 145 (1,026)
Income tax expense/(benefit) (865) (966) 215
Net income (1,750) 1,111 (1,241)
Average equity 72,365 68,407 79,222
Total assets 1,359,831 837,618 771,787
Reconciling Items      
Segment results and reconciliation      
Noninterest revenue (2,968) (2,534) (1,877)
Net interest income (418) (531) (628)
Total net revenue (3,386) (3,065) (2,505)
Provision for credit losses 0 0 0
Noninterest expense 0 0 0
Income before income tax expense (3,386) (3,065) (2,505)
Income tax expense/(benefit) (3,386) (3,065) (2,505)
Net income 0 0 0
Average equity $ 0 $ 0 $ 0
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at December 31, 2020 and 2019. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests do not have recourse to the general credit of JPMorgan Chase. 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 14 for a further discussion.
December 31, (in millions)20202019
Assets
Trading assets$1,934 $2,633 
Loans37,619 42,931 
All other assets681 881 
Total assets$40,234 $46,445 
Liabilities
Beneficial interests issued by consolidated VIEs$17,578 $17,841 
All other liabilities233 447 
Total liabilities$17,811 $18,288