JPMorgan Chase (JPMorgan Chase) Credit Losses Provision

: $8,892 Mil (As of Dec. 2023)

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JPMorgan Chase's credit losses provision for the three months ended in Dec. 2023 was $2,751 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $8,892 Mil.

JPMorgan Chase's quarterly credit losses provision declined from Jun. 2023 ($2,886 Mil) to Sep. 2023 ($1,371 Mil) but then increased from Sep. 2023 ($1,371 Mil) to Dec. 2023 ($2,751 Mil).

JPMorgan Chase's annual credit losses provision increased from Dec. 2021 ($-9,220 Mil) to Dec. 2022 ($6,335 Mil) and increased from Dec. 2022 ($6,335 Mil) to Dec. 2023 ($9,282 Mil).

JPMorgan Chase Credit Losses Provision Historical Data

The historical data trend for JPMorgan Chase's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JPMorgan Chase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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5,585.00

17,412.00

-9,220.00

6,335.00

9,282.00

JPMorgan Chase Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															2,274.00	2,886.00	1,371.00	2,751.00	1,884.00

JPMorgan Chase Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,892 Mil.

JPMorgan Chase (JPMorgan Chase) Business Description

Industry

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Comparable Companies

Address

383 Madison Avenue, New York, NY, USA, 10179

Website

https://www.jpmorganchase.com

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

Executives

Mary E. Erdoes	officer: Managing Director	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Jennifer Piepszak	officer: Chief Financial Officer	JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Peter Scher	officer: Executive Vice President	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Ashley Bacon	officer: Chief Risk Officer	JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Douglas B Petno	officer: Managing Director	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Marianne Lake	officer: Chief Financial Officer	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Stacey Friedman	officer: General Counsel	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Lori A Beer	officer: Chief Information Officer	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Daniel E Pinto	officer: Managing Director	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alicia S Boler-davis	director	300 RENAISSANCE CENTER, M/C: 482-C23-D24, DETROIT MI 48265-3000
Mellody L Hobson	director	C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Robin Leopold	officer: Head of Human Resources	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alex Gorsky	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Jeremy Barnum	officer: Chief Financial Officer	383 MADISON AVENUE, NEW YORK NY 10179-0001
Elena A Korablina	officer: Corporate Controller	383 MADISON AVENUE, NEW YORK NY 10179-0001