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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 29,066 $ 27,697
Deposits with banks 595,085 539,537
Federal funds sold and securities purchased under resale agreements (included $259,813 and $311,883 at fair value) 276,152 315,592
Securities borrowed (included $70,086 and $70,041 at fair value) 200,436 185,369
Trading assets (included assets pledged of $128,994 and $93,687) 540,607 453,799
Available-for-sale securities (amortized cost of $205,456 and $216,188; included assets pledged of $9,219 and $9,158) 201,704 205,857
Held-to-maturity securities 369,848 425,305
Investment securities, net of allowance for credit losses 571,552 631,162
Loans (included $38,851 and $42,079 at fair value) 1,323,706 1,135,647
Allowance for loan losses (22,420) (19,726)
Loans, net of allowance for loan losses 1,301,286 1,115,921
Accrued interest and accounts receivable 107,363 125,189
Premises and equipment 30,157 27,734
Goodwill, MSRs and other intangible assets 64,381 60,859
Other assets (included $12,306 and $14,921 at fair value and assets pledged of $6,764 and $7,998) 159,308 182,884
Total assets [1] 3,875,393 3,665,743
Liabilities    
Deposits (included $78,384 and $28,620 at fair value) 2,400,688 2,340,179
Federal funds purchased and securities loaned or sold under repurchase agreements (included $169,003 and $151,999 at fair value) 216,535 202,613
Short-term borrowings (included $20,042 and $15,792 at fair value) 44,712 44,027
Trading liabilities 180,428 177,976
Accounts payable and other liabilities (included $5,637 and $7,038 at fair value) 290,307 300,141
Beneficial interests issued by consolidated VIEs (included $1 and $5 at fair value) 23,020 12,610
Long-term debt (included $87,924 and $72,281 at fair value) 391,825 295,865
Total liabilities [1] 3,547,515 3,373,411
Commitments and contingencies (refer to Notes 28, 29 and 30)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares: issued 2,740,375 and 2,740,375 shares) 27,404 27,404
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) 4,105 4,105
Additional paid-in capital 90,128 89,044
Retained earnings 332,901 296,456
Accumulated other comprehensive losses (10,443) (17,341)
Treasury stock, at cost (1,228,275,301 and 1,170,676,094 shares) (116,217) (107,336)
Total stockholders’ equity 327,878 292,332
Total liabilities and stockholders’ equity 3,875,393 3,665,743
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $128,994 and $93,687) 2,170 2,151
Loans, net of allowance for loan losses 37,611 34,411
Other assets (included $12,306 and $14,921 at fair value and assets pledged of $6,764 and $7,998) 591 550
Total assets 40,372 37,112
Liabilities    
Beneficial interests issued by consolidated VIEs (included $1 and $5 at fair value) 23,020 12,610
All other liabilities 263 279
Total liabilities $ 23,283 $ 12,889
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at December 31, 2023 and 2022. 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)20232022
Assets
Trading assets$2,170 $2,151 
Loans37,611 34,411 
All other assets591 550 
Total assets$40,372 $37,112 
Liabilities
Beneficial interests issued by consolidated VIEs$23,020 $12,610 
All other liabilities263 279 
Total liabilities$23,283 $12,889