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Business Segments (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
segment
Jun. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
[2]
Segment Reporting Information [Line Items]          
Number of reportable segments | segment     4    
Noninterest revenue $ 17,738 $ 19,222 $ 37,115 $ 33,069  
Net interest income 12,741 13,853 25,630 28,292  
Total net revenue 30,479 33,075 62,745 61,361  
Provision for credit losses (2,285) 10,473 (6,441) 18,758  
Noninterest expense 17,667 16,942 36,392 33,733  
Income before income tax expense 15,097 5,660 32,794 8,870  
Income tax expense/(benefit) [1] 3,149 973 6,546 1,318  
Net income 11,948 4,687 26,248 7,552  
Average equity 250,849 234,408 248,209 234,469  
Total assets $ 3,684,256 [2] $ 3,212,643 $ 3,684,256 [2] $ 3,212,643 $ 3,384,757
ROE 18.00% 7.00% 21.00% 6.00%  
Overhead ratio 58.00% 51.00% 58.00% 55.00%  
Operating Segments | Consumer & Community Banking          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 4,726 $ 4,222 $ 9,314 $ 8,319  
Net interest income 8,034 8,136 15,963 17,326  
Total net revenue 12,760 12,358 25,277 25,645  
Provision for credit losses (1,868) 5,828 (5,470) 11,600  
Noninterest expense 7,062 6,767 14,264 14,036  
Income before income tax expense 7,566 (237) 16,483 9  
Income tax expense/(benefit) 1,932 (61) 4,121 (12)  
Net income 5,634 (176) 12,362 21  
Average equity 50,000 52,000 50,000 52,000  
Total assets $ 494,305 $ 498,658 $ 494,305 $ 498,658  
ROE 44.00% (2.00%) 49.00% (1.00%)  
Overhead ratio 55.00% 55.00% 56.00% 55.00%  
Operating Segments | Corporate & Investment Bank          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 9,912 $ 12,304 $ 21,000 $ 19,200  
Net interest income 3,302 4,079 6,819 7,186  
Total net revenue 13,214 16,383 27,819 26,386  
Provision for credit losses (79) 1,987 (410) 3,388  
Noninterest expense 6,523 6,812 13,627 12,767  
Income before income tax expense 6,770 7,584 14,602 10,231  
Income tax expense/(benefit) 1,785 2,133 3,877 2,795  
Net income 4,985 5,451 10,725 7,436  
Average equity 83,000 80,000 83,000 80,000  
Total assets $ 1,363,992 $ 1,080,189 $ 1,363,992 $ 1,080,189  
ROE 23.00% 27.00% 25.00% 18.00%  
Overhead ratio 49.00% 42.00% 49.00% 48.00%  
Operating Segments | Commercial Banking          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 950 $ 823 $ 1,867 $ 1,431  
Net interest income 1,533 1,577 3,009 3,134  
Total net revenue 2,483 2,400 4,876 4,565  
Provision for credit losses (377) 2,431 (495) 3,441  
Noninterest expense 981 893 1,950 1,879  
Income before income tax expense 1,879 (924) 3,421 (755)  
Income tax expense/(benefit) 459 (243) 833 (213)  
Net income 1,420 (681) 2,588 (542)  
Average equity 24,000 22,000 24,000 22,000  
Total assets $ 226,022 $ 235,034 $ 226,022 $ 235,034  
ROE 23.00% (13.00%) 21.00% (6.00%)  
Overhead ratio 40.00% 37.00% 40.00% 41.00%  
Operating Segments | Asset & Wealth Management          
Segment Reporting Information [Line Items]          
Noninterest revenue $ 3,165 $ 2,575 $ 6,311 $ 5,104  
Net interest income 942 855 1,873 1,715  
Total net revenue 4,107 3,430 8,184 6,819  
Provision for credit losses (10) 223 (131) 317  
Noninterest expense 2,586 2,323 5,160 4,758  
Income before income tax expense 1,531 884 3,155 1,744  
Income tax expense/(benefit) 378 223 758 414  
Net income 1,153 661 2,397 1,330  
Average equity 14,000 10,500 14,000 10,500  
Total assets $ 217,284 $ 176,782 $ 217,284 $ 176,782  
ROE 32.00% 24.00% 34.00% 25.00%  
Overhead ratio 63.00% 68.00% 63.00% 70.00%  
Corporate          
Segment Reporting Information [Line Items]          
Noninterest revenue $ (208) $ (67) $ 174 $ 264  
Net interest income (961) (687) (1,816) (852)  
Total net revenue (1,169) (754) (1,642) (588)  
Provision for credit losses 49 4 65 12  
Noninterest expense 515 147 1,391 293  
Income before income tax expense (1,733) (905) (3,098) (893)  
Income tax expense/(benefit) (489) (337) (1,274) (200)  
Net income (1,244) (568) (1,824) (693)  
Average equity 79,849 69,908 77,209 69,969  
Total assets 1,382,653 1,221,980 1,382,653 1,221,980  
Reconciling Items          
Segment Reporting Information [Line Items]          
Noninterest revenue (807) (635) (1,551) (1,249)  
Net interest income (109) (107) (218) (217)  
Total net revenue (916) (742) (1,769) (1,466)  
Provision for credit losses 0 0 0 0  
Noninterest expense 0 0 0 0  
Income before income tax expense (916) (742) (1,769) (1,466)  
Income tax expense/(benefit) (916) (742) (1,769) (1,466)  
Net income 0 0 0 0  
Average equity $ 0 $ 0 $ 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 June 30, 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)June 30, 2021December 31, 2020
Assets
Trading assets$1,995 $1,934 
Loans35,284 37,619 
All other assets609 681 
Total assets$37,888 $40,234 
Liabilities
Beneficial interests issued by consolidated VIEs$14,403 $17,578 
All other liabilities233 233 
Total liabilities$14,636 $17,811