JP Morgan Chase & Co. (JPM) Financial Statements (2023 and Earlier)

Company Profile

Business Address 383 MADISON AVENUE
NEW YORK, NY 10017
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments740,834527,609263,631278,793430,121389,635360,505
Cash and cash equivalents740,834527,609263,631278,793430,121389,635360,505
Total current assets:740,834527,609263,631278,793430,121389,635360,505
Noncurrent Assets
Operating lease, right-of-use asset7,8888,0068,190
Property, plant and equipment27,07027,10925,81314,93414,15914,13114,362
Intangible assets, net (including goodwill)50,31549,24847,82347,47147,50748,15048,340
Goodwill50,31549,24847,82347,47147,50747,28847,325
Intangible assets, net (excluding goodwill)     8621,015
Amortization method qualified affordable housing project investments10,8009,7008,6007,9007,8008,8007,700
Total noncurrent assets:96,07394,06390,42670,30569,46671,08170,402
Other undisclosed assets2,906,6602,764,3992,333,3222,273,4342,034,0132,030,2561,920,791
TOTAL ASSETS:3,743,5673,386,0712,687,3792,622,5322,533,6002,490,9722,351,698
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt53,59445,20840,92069,27651,802186,076170,453
Securities loaned8,3488,3019,68912,74018,414  
Deferred revenue and credits4,900  
Total current liabilities:61,94253,50950,60982,01675,116186,076170,453
Noncurrent Liabilities
Liabilities, other than long-term debt4,6003,8002,8002,3002,4002,8002,000
Qualified affordable housing project investments, commitment4,6003,8002,8002,3002,4002,8002,000
Total noncurrent liabilities:4,6003,8002,8002,3002,4002,8002,000
Other undisclosed liabilities3,382,8983,049,4082,372,6402,281,7012,200,3912,047,9061,931,672
Total liabilities:3,449,4403,106,7172,426,0492,366,0172,277,9072,236,7822,104,125
Stockholders' equity
Stockholders' equity attributable to parent, including:294,127279,354261,330256,515255,693254,190247,573
Common stock4,1054,1054,1054,1054,1054,1054,105
Treasury stock, value(105,415)(88,184)(83,049)(60,494)(42,595)(28,854)(21,691)
Additional paid in capital88,41588,39488,52289,16290,57991,62792,500
Accumulated other comprehensive income (loss)(84)7,9861,569(1,507)(119)(1,175)192
Retained earnings272,268236,990223,211199,202177,676162,440146,420
Other undisclosed stockholders' equity attributable to parent34,83830,06326,97226,04726,04726,04726,047
Total stockholders' equity:294,127279,354261,330256,515255,693254,190247,573
TOTAL LIABILITIES AND EQUITY:3,743,5673,386,0712,687,3792,622,5322,533,6002,490,9722,351,698

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues121,649119,543115,627109,02999,62495,66893,543
Net investment income      50,973
Principal transactions revenue, net16,30418,02114,01812,059
Financial services revenue14,87515,04114,487
Cost of revenue (17,480)(5,585)(4,871)(5,290)(5,361)(3,827)
Provision for loan, lease, and other losses (17,480)(5,585)(4,871)
Financial services costs(5,290)(5,361)(3,827)
Gross profit:121,649102,063110,042104,15894,33490,30789,716
Operating expenses(27,307)  (26,260)(53,745)(51,317)(51,025)
Operating income:94,342102,063110,04277,89840,58938,99038,691
Nonoperating income
(Investment Income, Nonoperating)
7,523  7,2487,3827,3048,458
Interest and debt expense(5,553)(9,960)(26,795)(22,383)(14,275)(9,818)(7,463)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (56,696)(38,702)(21,999)2,204(1,940)(8,984)
Income from continuing operations before equity method investments, income taxes:96,31235,40744,54540,76435,90034,53630,702
Other undisclosed loss from continuing operations before income taxes(36,750)      
Income from continuing operations before income taxes:59,56235,40744,54540,76435,90034,53630,702
Income tax expense(11,228)(6,276)(8,114)(8,290)(11,459)(9,803)(6,260)
Net income attributable to parent:48,33429,13136,43132,47424,44124,73324,442
Other undisclosed net loss available to common stockholders, basic(1,831)(1,721)(1,789)(1,765)(1,874)(2,150)(2,036)
Net income available to common stockholders, diluted:46,50327,41034,64230,70922,56722,58322,406

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:48,33429,13136,43132,47424,44124,73324,442
Other comprehensive income (loss)1,129214    (1,997)
Comprehensive income:49,46329,34536,43132,47424,44124,73322,445
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(9,199)6,2033,076(1,476)1,056(1,521) 
Comprehensive income, net of tax, attributable to parent:40,26435,54839,50730,99825,49723,21222,445

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: