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Business Segments (Details)
$ in Millions
3 Months Ended
Mar. 31, 2021
USD ($)
segment
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
[2]
Segment Reporting Information [Line Items]      
Number of reportable segments | segment 4    
Noninterest revenue $ 19,377 $ 13,847  
Net interest income 12,889 14,439  
Total net revenue 32,266 28,286  
Provision for credit losses (4,156) 8,285  
Noninterest expense 18,725 16,791  
Income before income tax expense 17,697 3,210  
Income tax expense/(benefit) [1] 3,397 345  
Net income 14,300 2,865  
Average equity 245,542 234,530  
Total assets $ 3,689,336 [2] $ 3,138,530 $ 3,384,757
ROE 23.00% 4.00%  
Overhead ratio 58.00% 59.00%  
Operating Segments | Consumer & Community Banking      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 4,588 $ 4,097  
Net interest income 7,929 9,190  
Total net revenue 12,517 13,287  
Provision for credit losses (3,602) 5,772  
Noninterest expense 7,202 7,269  
Income before income tax expense 8,917 246  
Income tax expense/(benefit) 2,189 49  
Net income 6,728 197  
Average equity 50,000 52,000  
Total assets $ 487,978 $ 513,352  
ROE 54.00% 1.00%  
Overhead ratio 58.00% 55.00%  
Operating Segments | Corporate & Investment Bank      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 11,088 $ 6,896  
Net interest income 3,517 3,107  
Total net revenue 14,605 10,003  
Provision for credit losses (331) 1,401  
Noninterest expense 7,104 5,955  
Income before income tax expense 7,832 2,647  
Income tax expense/(benefit) 2,092 662  
Net income 5,740 1,985  
Average equity 83,000 80,000  
Total assets $ 1,355,123 $ 1,216,558  
ROE 27.00% 9.00%  
Overhead ratio 49.00% 60.00%  
Operating Segments | Commercial Banking      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 917 $ 608  
Net interest income 1,476 1,557  
Total net revenue 2,393 2,165  
Provision for credit losses (118) 1,010  
Noninterest expense 969 986  
Income before income tax expense 1,542 169  
Income tax expense/(benefit) 374 30  
Net income 1,168 139  
Average equity 24,000 22,000  
Total assets $ 223,583 $ 247,786  
ROE 19.00% 2.00%  
Overhead ratio 40.00% 46.00%  
Operating Segments | Asset & Wealth Management      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 3,146 $ 2,529  
Net interest income 931 860  
Total net revenue 4,077 3,389  
Provision for credit losses (121) 94  
Noninterest expense 2,574 2,435  
Income before income tax expense 1,624 860  
Income tax expense/(benefit) 380 191  
Net income 1,244 669  
Average equity 14,000 10,500  
Total assets $ 213,088 $ 178,897  
ROE 35.00% 25.00%  
Overhead ratio 63.00% 72.00%  
Corporate      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 382 $ 331  
Net interest income (855) (165)  
Total net revenue (473) 166  
Provision for credit losses 16 8  
Noninterest expense 876 146  
Income before income tax expense (1,365) 12  
Income tax expense/(benefit) (785) 137  
Net income (580) (125)  
Average equity 74,542 70,030  
Total assets 1,409,564 981,937  
Reconciling Items      
Segment Reporting Information [Line Items]      
Noninterest revenue (744) (614)  
Net interest income (109) (110)  
Total net revenue (853) (724)  
Provision for credit losses 0 0  
Noninterest expense 0 0  
Income before income tax expense (853) (724)  
Income tax expense/(benefit) (853) (724)  
Net income 0 0  
Average equity $ 0 $ 0  
[1] Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.
[2] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at March 31, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally 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 13 for a further discussion
(in millions)March 31, 2021December 31, 2020
Assets
Trading assets$1,994 $1,934 
Loans33,509 37,619 
All other assets701 681 
Total assets$36,204 $40,234 
Liabilities
Beneficial interests issued by consolidated VIEs$15,671 $17,578 
All other liabilities239 233 
Total liabilities$15,910 $17,811