JPM · 10-Q · 2026Q2 · Full report
Enhanced SLR Final Rule
JPMORGAN CHASE & CO · 2026-08-06 · Importance 52 · Surprise 68 · In source text
JPMorgan early adopted the enhanced Supplementary Leverage Ratio final rule on January 1, 2026. The rule replaced static leverage buffers for GSIB holding companies and insured depository institution subsidiaries with dynamic buffers tied to the U.S. Method 1 GSIB surcharge and updated TLAC and eligible long-term-debt requirements. As of June 30, 2026, the Firm’s SLR was 5.5%, compared with 5.8% at December 31, 2025, against a 4.3% requirement. The rule also affected TLAC requirements, with the Firm reporting $590.5 billion of external TLAC and $250.3 billion of eligible long-term debt at June 30, 2026.
Key facts
- The Firm early adopted the enhanced Supplementary Leverage Ratio final rule effective January 1, 2026. source
- Supplementary leverage ratio (SLR) as of June 30, 2026: 5.5% source
- Supplementary Leverage Ratio (SLR) was 5.5% as of June 30, 2026 (compared with 5.8% at December 31, 2025). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | — | The Firm early adopted the enhanced Supplementary Leverage Ratio final rule effective January 1, 2026. |