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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 22,896 $ 29,066
Deposits with banks 411,364 595,085
Federal funds sold and securities purchased under resale agreements (included $368,964 and $259,813 at fair value) 390,821 276,152
Securities borrowed (included $107,599 and $70,086 at fair value) 252,434 200,436
Trading assets (included assets pledged of $163,427 and $128,994) 787,489 540,607
Available-for-sale securities (amortized cost of $335,251 and $205,456; included assets pledged of $11,084 and $9,219) 334,548 201,704
Held-to-maturity securities 299,954 369,848
Investment securities, net of allowance for credit losses 634,502 571,552
Loans (included $42,137 and $38,851 at fair value) 1,340,011 1,323,706
Allowance for loan losses (23,949) (22,420)
Loans, net of allowance for loan losses 1,316,062 1,301,286
Accrued interest and accounts receivable 122,565 107,363
Premises and equipment 31,525 30,157
Goodwill, MSRs and other intangible assets 64,455 64,381
Other assets (included $14,169 and $12,306 at fair value and assets pledged of $6,994 and $6,764) 175,935 159,308
Total assets [1] 4,210,048 3,875,393
Liabilities    
Deposits (included $51,284 and $78,384 at fair value) 2,430,772 2,400,688
Federal funds purchased and securities loaned or sold under repurchase agreements (included $320,406 and $169,003 at fair value) 389,337 216,535
Short-term borrowings (included $28,307 and $20,042 at fair value) 50,638 44,712
Trading liabilities 243,258 180,428
Accounts payable and other liabilities (included $5,865 and $5,637 at fair value) 314,356 290,307
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 25,694 23,020
Long-term debt (included $102,129 and $87,924 at fair value) 410,157 391,825
Total liabilities [1] 3,864,212 3,547,515
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,165,375 and 2,740,375 shares) 21,650 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 90,638 90,128
Retained earnings 365,966 332,901
Accumulated other comprehensive losses (6,784) (10,443)
Treasury stock, at cost (1,289,593,473 and 1,228,275,301 shares) (129,739) (116,217)
Total stockholders’ equity 345,836 327,878
Total liabilities and stockholders’ equity 4,210,048 3,875,393
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $163,427 and $128,994) 3,443 2,170
Loans, net of allowance for loan losses 35,028 37,611
Other assets (included $14,169 and $12,306 at fair value and assets pledged of $6,994 and $6,764) 647 591
Total assets 39,118 40,372
Liabilities    
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 25,694 23,020
All other liabilities 421 263
Total liabilities $ 26,115 $ 23,283
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 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)September 30, 2024December 31, 2023
Assets
Trading assets$3,443 $2,170 
Loans35,028 37,611 
All other assets647 591 
Total assets$39,118 $40,372 
Liabilities
Beneficial interests issued by consolidated VIEs$25,694 $23,020 
All other liabilities421 263 
Total liabilities$26,115 $23,283