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JPMorgan Chase & Co (NYSE:JPM)
Cash Flow from Financing
$98,271 Mil (TTM As of Dec. 2016)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Dec. 2016, JPMorgan Chase & Co paid $2,251 Mil more to buy back shares than it received from issuing new shares. It spent $8,838 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2,287 Mil paying cash dividends to shareholders. It spent $20,052 Mil on other financial activities. In all, JPMorgan Chase & Co spent $33,428 Mil on financial activities for the three months ended in Dec. 2016.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

JPMorgan Chase & Co's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-9082+11660+0+-8476+104169
=98,271

JPMorgan Chase & Co's Cash from Financing for the quarter that ended in Dec. 2016 is

Cash from Financing(Q: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2251+-8838+0+-2287+-20052
=-33,428

JPMorgan Chase & Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2016 was 53584 (Mar. 2016 ) + 20575 (Jun. 2016 ) + 57540 (Sep. 2016 ) + -33428 (Dec. 2016 ) = $98,271 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

JPMorgan Chase & Co's net issuance of stock for the three months ended in Dec. 2016 was $-2,251 Mil. JPMorgan Chase & Co paid $2,251 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

JPMorgan Chase & Co's net issuance of debt for the three months ended in Dec. 2016 was $-8,838 Mil. JPMorgan Chase & Co spent $8,838 Mil paying down its debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

JPMorgan Chase & Co's net issuance of preferred for the three months ended in Dec. 2016 was $0 Mil. JPMorgan Chase & Co paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

JPMorgan Chase & Co's cash flow for dividends for the three months ended in Dec. 2016 was $-2,287 Mil. JPMorgan Chase & Co spent $2,287 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

JPMorgan Chase & Co's other financing for the three months ended in Dec. 2016 was $-20,052 Mil. JPMorgan Chase & Co spent $20,052 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

JPMorgan Chase & Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock -8,17811,500-19,244-2,999-8,863-1,653-4,789-4,760-5,616-9,082
Net Issuance of Debt 79,31018,902-84,315-50,731-20,004-88725,83322,482-45,46411,660
Net Issuance of Preferred 36532,7460-35201,2342,0738,8475,8930
Dividends -5,051-5,911-3,422-1,486-3,895-5,194-6,056-6,990-7,873-8,476
Other Financing 116,540190,594-46,0986,351140,46894,20711,26398,649-134,451104,169
Cash from Financing 182,986247,831-153,079-49,217107,70687,70728,324118,228-187,51198,271

JPMorgan Chase & Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Net Issuance of Stock -1,489-1,510-1,900-1,249-1,248-1,219-1,696-2,840-2,295-2,251
Net Issuance of Debt -1,82313,345-5,673-4,093-18,988-16,710-354,38816,145-8,838
Net Issuance of Preferred 1,599-11,3923,3821,11900000
Dividends -1,718-1,912-1,770-1,964-1,944-2,195-1,946-2,174-2,069-2,287
Other Financing 2,05634,24512,288-113,842-9,023-23,87457,26121,20145,759-20,052
Cash from Financing -1,37544,1674,337-117,766-30,084-43,99853,58420,57557,540-33,428
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