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Earnings per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings per Share Earnings per share
Refer to Note 23 of JPMorgan Chase’s 2023 Form 10-K for a discussion of the computation of basic and diluted earnings per share (“EPS”). The following table presents the calculation of basic and diluted EPS for the three and nine months ended September 30, 2024 and 2023.
(in millions, except per share amounts)Three months ended September 30,Nine months ended September 30,
2024202320242023
Basic earnings per share
Net income$12,898 $13,151 $44,466 $40,245 
Less: Preferred stock dividends
286 386 1,000 1,115 
Net income applicable to common equity
12,612 12,765 43,466 39,130 
Less: Dividends and undistributed earnings allocated to participating securities
75 80 267 241 
Net income applicable to common stockholders
$12,537 $12,685 $43,199 $38,889 
Total weighted-average basic shares
  outstanding
2,860.6 2,927.5 2,886.2 2,946.6 
Net income per share
$4.38 $4.33 $14.97 $13.20 
Diluted earnings per share
Net income applicable to common stockholders
$12,537 $12,685 $43,199 $38,889 
Total weighted-average basic shares
  outstanding
2,860.6 2,927.5 2,886.2 2,946.6 
Add: Dilutive impact of unvested PSUs, nondividend-earning RSUs and SARs5.3 4.6 5.0 4.4 
Total weighted-average diluted shares outstanding
2,865.9 2,932.1 2,891.2 2,951.0 
Net income per share
$4.37 $4.33 $14.94 $13.18