JPM · 10-Q · 2026Q2 · Full report
Capital Ratios and Balance Sheet
JPMORGAN CHASE & CO · 2026-08-06 · Importance 55 · Surprise 32 · Contradicted
Standardized CET1 capital increased to $302.6 billion at June 30, 2026 from $288.5 billion at December 31, 2025, while the Standardized CET1 ratio declined to 14.2% from 14.6% as risk-weighted assets increased to $2.13 trillion from $1.98 trillion. The Advanced CET1 ratio increased to 14.2% from 14.1%, and Advanced total capital increased to $346.2 billion from $329.0 billion. The U.S. Basel III Re-Proposal was estimated to increase required CET1 capital by approximately 6%, while the proposed GSIB surcharge would reduce the 5.5% surcharge to 5.2%; together, the proposals were estimated to increase required CET1 capital by approximately 4% relative to the requirement effective January 1, 2028. The Firm’s June 30 SLR was 5.5%, down from 5.8% at December 31, 2025, against a 4.3% requirement.
Key facts
- Advanced Total capital was $346,248 million as of June 30, 2026 (compared with $328,962 million at December 31, 2025). source
- Adjusted average assets used for leverage ratio calculations were $4,921,814 million for the three months ended June 30, 2026 (compared with $4,472,394 million). source
- Total stockholders’ equity was $374,598 million at June 30, 2026 and $362,438 million at December 31, 2025. source
- Standardized risk-weighted assets were $2,132,428 million as of June 30, 2026 (compared with $1,981,692 million). source
- Common stockholders' equity at June 30, 2026: $353,558 million; at December 31, 2025: $342,393 million. source
- Preferred stock issued was 2,105,375 shares at June 30, 2026 and 2,005,375 shares at December 31, 2025, with preferred stock carrying values of $21,040 million and $20,045 million, respectively. source
- Capital allocated to Corporate was $101.1 billion as of June 30, 2026 (compared with $120.9 billion). source
- Standardized CET1 capital was $302,619 million as of June 30, 2026 (compared with $288,469 million as of December 31, 2025). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +9.0% | Adjusted average assets used for leverage ratio calculations were $4,921,814 million for the three months ended June 30, 2026 (compared… |
| assets | positive | realized | +3.0% | Standardized risk-weighted assets were $2,132,428 million as of June 30, 2026 (compared with $1,981,692 million). |
| assets | positive | realized | +0.3% | Advanced Total capital was $346,248 million as of June 30, 2026 (compared with $328,962 million at December 31, 2025). |
| assets | positive | realized | +0.2% | Total stockholders’ equity was $374,598 million at June 30, 2026 and $362,438 million at December 31, 2025. |
| assets | positive | realized | +0.2% | Common stockholders' equity at June 30, 2026: $353,558 million; at December 31, 2025: $342,393 million. |
| assets | positive | realized | +0.0% | Preferred stock issued was 2,105,375 shares at June 30, 2026 and 2,005,375 shares at December 31, 2025, with preferred stock carrying… |