Regulatory Capital (Tables)

12 Months Ended

Dec. 31, 2025

Reconciliation of the Firm's regulatory capital, assets and risk-based capital ratios

The following table presents the risk-based regulatory capital ratio requirements and well-capitalized ratios to which the Firm and JPMorgan Chase Bank, N.A. were subject as of December 31, 2025 and 2024.


	Standardized capital ratio requirements				Advanced capital ratio requirements				Well-capitalized ratios
	BHC(a)(b)		IDI(c)		BHC(a)(b)		IDI(c)		BHC(d)		IDI(e)
Risk-based capital ratios
CET1 capital	11.5	%	7.0	%	11.5	%	7.0	%	NA		6.5	%
Tier 1 capital	13.0		8.5		13.0		8.5		6.0	%	8.0
Total capital	15.0		10.5		15.0		10.5		10.0		10.0

Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and JPMorgan Chase Bank, N.A. are subject.

(a)Represents the regulatory capital ratio requirements applicable to the Firm. The CET1, Tier 1 and Total capital ratio requirements each include a respective minimum requirement plus a GSIB surcharge of 4.5% as calculated under Method 2; plus a 2.5% SCB for Standardized ratios and a fixed 2.5% capital conservation buffer for Advanced ratios. The countercyclical buffer is currently set to 0% by the federal banking agencies.

(b)For the year ended December 31, 2024, the CET1, Tier 1, and Total capital ratio requirements under Standardized applicable to the Firm were 12.3%, 13.8%, and 15.8%, respectively; the Advanced CET1, Tier 1, and Total capital ratio requirements applicable to the Firm were 11.5%, 13.0%, and 15.0%, respectively.

(c)Represents requirements for JPMorgan Chase Bank, N.A. The CET1, Tier 1 and Total capital ratio requirements include a fixed capital conservation buffer requirement of 2.5% that is applicable to JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. is not subject to the GSIB surcharge.

(d)Represents requirements for bank holding companies pursuant to regulations issued by the Federal Reserve.

(e)Represents requirements for JPMorgan Chase Bank, N.A. pursuant to regulations issued under the FDIC Improvement Act.

The following table presents the leverage-based regulatory capital ratio requirements and well-capitalized ratios to which the Firm and JPMorgan Chase Bank, N.A. were subject as of December 31, 2025 and 2024.


	Capital ratio requirements(a)				Well-capitalized ratios
	BHC		IDI		BHC(b)	IDI
Leverage-based capital ratios
Tier 1 leverage	4.0	%	4.0	%	NA	5.0	%
SLR	5.0		6.0		NA	6.0

Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and JPMorgan Chase Bank, N.A. are subject.

(a)Represents minimum SLR requirement of 3.0%, as well as supplementary leverage buffer requirements of 2.0% and 3.0% for BHC and JPMorgan Chase Bank, N.A., respectively.

(b)The Federal Reserve's regulations do not establish well-capitalized thresholds for these measures for BHCs.

The following tables present risk-based capital metrics under both the Standardized and Advanced approaches and leverage-based capital metrics for JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. As of December 31, 2025 and 2024, JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. were well-capitalized and met all capital requirements to which each was subject.


December 31, 2025 (in millions, except ratios)	Standardized						Advanced
	JPMorgan Chase & Co.			JPMorgan Chase Bank, N.A.			JPMorgan Chase & Co.				JPMorgan Chase Bank, N.A.
Risk-based capital metrics:(a)
CET1 capital	$	288,469		$	294,804		$	288,469			$	294,804
Tier 1 capital	307,630			294,807			307,630				294,807
Total capital	343,843			317,684			328,962			(d)	302,732			(d)
Risk-weighted assets(b)	1,981,692			1,928,039			2,045,249			(d)	1,864,923			(d)
CET1 capital ratio(c)	14.6		%	15.3		%	14.1		%		15.8		%
Tier 1 capital ratio(c)	15.5			15.3			15.0				15.8
Total capital ratio(c)	17.4			16.5			16.1				16.2


December 31, 2024 (in millions, except ratios)	Standardized						Advanced
	JPMorgan Chase & Co.			JPMorgan Chase Bank, N.A.			JPMorgan Chase & Co.				JPMorgan Chase Bank, N.A.
Risk-based capital metrics:(a)
CET1 capital	$	275,513		$	275,732		$	275,513			$	275,732
Tier 1 capital	294,881			275,737			294,881				275,737
Total capital	325,589			296,041			311,898			(d)	282,328			(d)
Risk-weighted assets	1,757,460			1,718,777			1,740,429			(d)	1,594,072			(b)
CET1 capital ratio	15.7		%	16.0		%	15.8		%		17.3		%
Tier 1 capital ratio	16.8			16.0			16.9				17.3
Total capital ratio	18.5			17.2			17.9				17.7

(a)As of January 1, 2025, the benefit from the CECL capital transition provision had been fully phased out. The capital metrics for the year ended December 31, 2024 reflected the CECL capital transition provisions.

(b)Includes approximately $23 billion under the Standardized approach and approximately $110 billion under the Advanced approach for both the Firm and Bank related to the Apple Card transaction.

(c)Includes decreases of approximately 25 basis points under the Standardized approach for both the Firm and Bank and approximately 90 basis points and 110 basis points under the Advanced approach for the Firm and Bank, respectively, related to the Apple Card transaction.

(d)Includes the impacts of certain assets associated with First Republic to which the Standardized approach has been applied as permitted by the transition provisions in the U.S. capital rules.


Three months ended (in millions, except ratios)	December 31, 2025						December 31, 2024
	JPMorgan Chase & Co.			JPMorgan Chase Bank, N.A.			JPMorgan Chase & Co.			JPMorgan Chase Bank, N.A.
Leverage-based capital metrics:(a)
Adjusted average assets(b)	$	4,472,394		$	3,766,709		$	4,070,499		$	3,491,283
Tier 1 leverage ratio	6.9		%	7.8		%	7.2		%	7.9		%
Total leverage exposure	$	5,302,001		$	4,571,728		$	4,837,568		$	4,246,516
SLR	5.8		%	6.4		%	6.1		%	6.5		%

(b)Adjusted average assets, for purposes of calculating the leverage ratios, includes quarterly average assets adjusted for on-balance sheet assets that are subject to deduction from Tier 1 capital, predominantly goodwill (inclusive of estimated equity method goodwill) and other intangible assets.