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Business Segments (Details)
$ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
[1]
Segment Reporting Information [Line Items]      
Number of reportable segments | segment 4    
Noninterest revenue $ 18,852 $ 17,638  
Net interest income 23,082 20,711  
Total net revenue 41,934 38,349  
Provision for credit losses 1,884 2,275  
Noninterest expense 22,757 20,107  
Income/(loss) before income tax expense/(benefit) 17,293 15,967  
Income tax expense/(benefit) 3,874 3,345  
Net income/(loss) 13,419 12,622  
Average equity 300,277 271,197  
Total assets $ 4,090,727 [1] $ 3,744,305 $ 3,875,393
ROE 17.00% 18.00%  
Overhead ratio 54.00% 52.00%  
Operating Segments | Consumer & Community Banking      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 3,945 $ 3,623  
Net interest income 13,708 12,833  
Total net revenue 17,653 16,456  
Provision for credit losses 1,913 1,402  
Noninterest expense 9,297 8,065  
Income/(loss) before income tax expense/(benefit) 6,443 6,989  
Income tax expense/(benefit) 1,612 1,746  
Net income/(loss) 4,831 5,243  
Average equity 54,500 52,000  
Total assets $ 629,122 $ 506,382  
ROE 35.00% 40.00%  
Overhead ratio 53.00% 49.00%  
Operating Segments | Corporate & Investment Bank      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 11,236 $ 11,523  
Net interest income 2,397 2,077  
Total net revenue 13,633 13,600  
Provision for credit losses 32 58  
Noninterest expense 7,218 7,483  
Income/(loss) before income tax expense/(benefit) 6,383 6,059  
Income tax expense/(benefit) 1,630 1,638  
Net income/(loss) 4,753 4,421  
Average equity 102,000 108,000  
Total assets $ 1,594,901 $ 1,436,237  
ROE 18.00% 16.00%  
Overhead ratio 53.00% 55.00%  
Operating Segments | Commercial Banking      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 925 $ 781  
Net interest income 3,026 2,730  
Total net revenue 3,951 3,511  
Provision for credit losses (31) 417  
Noninterest expense 1,506 1,308  
Income/(loss) before income tax expense/(benefit) 2,476 1,786  
Income tax expense/(benefit) 607 439  
Net income/(loss) 1,869 1,347  
Average equity 30,000 28,500  
Total assets $ 303,350 $ 261,181  
ROE 24.00% 18.00%  
Overhead ratio 38.00% 37.00%  
Operating Segments | Asset & Wealth Management      
Segment Reporting Information [Line Items]      
Noninterest revenue $ 3,514 $ 3,333  
Net interest income 1,595 1,451  
Total net revenue 5,109 4,784  
Provision for credit losses (57) 28  
Noninterest expense 3,460 3,091  
Income/(loss) before income tax expense/(benefit) 1,706 1,665  
Income tax expense/(benefit) 416 298  
Net income/(loss) 1,290 1,367  
Average equity 15,500 16,000  
Total assets $ 240,555 $ 232,516  
ROE 33.00% 34.00%  
Overhead ratio 68.00% 65.00%  
Corporate      
Segment Reporting Information [Line Items]      
Noninterest revenue $ (275) $ (755)  
Net interest income 2,477 1,740  
Total net revenue 2,202 985  
Provision for credit losses 27 370  
Noninterest expense 1,276 160  
Income/(loss) before income tax expense/(benefit) 899 455  
Income tax expense/(benefit) 223 211  
Net income/(loss) 676 244  
Average equity 98,277 66,697  
Total assets 1,322,799 1,307,989  
Reconciling Items      
Segment Reporting Information [Line Items]      
Noninterest revenue (493) (867)  
Net interest income (121) (120)  
Total net revenue (614) (987)  
Provision for credit losses 0 0  
Noninterest expense 0 0  
Income/(loss) before income tax expense/(benefit) (614) (987)  
Income tax expense/(benefit) (614) (987)  
Net income/(loss) 0 0  
Average equity $ 0 $ 0  
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at March 31, 2024 and December 31, 2023. 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, 2024December 31, 2023
Assets
Trading assets$2,229 $2,170 
Loans40,059 37,611 
All other assets648 591 
Total assets$42,936 $40,372 
Liabilities
Beneficial interests issued by consolidated VIEs$28,075 $23,020 
All other liabilities282 263 
Total liabilities$28,357 $23,283