JPM · 10-Q · 2026Q1 · Full report

LOB Capital Allocation Shift

JPMORGAN CHASE & CO · 2026-05-01 · Importance 74 · Surprise 58

The Firm disclosed capital allocated to each Line of Business and Corporate as of March 31, 2026: Consumer & Community Banking $61.5 billion, Commercial & Investment Bank $166.5 billion, Asset & Wealth Management $16.0 billion and Corporate $100.0 billion. Corporate allocated capital decreased from $120.9 billion at December 31, 2025 to $100.0 billion at March 31, 2026 (≈17% decline), a change exceeding the 10% threshold and indicating material reallocation of capital across business areas. Total common stockholders’ equity was $344.0 billion at March 31, 2026 (up modestly from $342.4 billion at year-end). The Firm stated capital allocations consider peer capital levels and regulatory capital requirements and are used for internal capital planning and LOB management.