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

Impact estimates

metricdirectionstageexpectedbasis
liabilitynegativerealizedThe Firm early adopted the enhanced Supplementary Leverage Ratio final rule effective January 1, 2026.