JPM · 10-Q · 2026Q2 · Full report
Loans and Portfolio Composition
JPMORGAN CHASE & CO · 2026-08-06 · Importance 49 · Surprise 32 · From source text
Total loans increased 3.3% to $1,542.5 billion at June 30, 2026 from $1,493.4 billion at December 31, 2025, while the total credit portfolio increased 5.1% to $3,588.7 billion. Wholesale loans increased $57.5 billion, primarily from higher CIB lending and AWM securities-based lending driven by client demand, and wholesale lending-related commitments increased $26.8 billion to $622.8 billion. Total nonperforming credit exposure declined to $10.6 billion from $11.3 billion, while net charge-offs declined to $2.4 billion in the second quarter from $2.4 billion in the prior-year quarter and the net charge-off rate decreased to 0.66% from 0.73%. Receivables from customers increased to $82.2 billion from $47.3 billion, reflecting higher margin loans to brokerage clients.
Key facts
- Originations and purchases of loans held-for-sale were $(138,988) million for the six months ended June 30, 2026 and $(133,098) million for the six months ended June 30, 2025; proceeds from sales, securitizations and paydowns of loans held-for-sale were $145,881 million and $120,504 million, respectively. source
- Retained loans, end-of-period totals at June 30, 2026: Consumer, excluding credit card $367,128 million; Credit card $249,876 million; Wholesale $846,804 million; Total $1,463,808 million. source
- Average loans retained for the three months ended June 30, 2026 were $825,356 million and for the three months ended June 30, 2025 were $721,105 million. source
- Retained loans, average for the six months ended June 30, 2026 were: Consumer, excluding credit card $367,291 million; Credit card $241,408 million; Wholesale $809,594 million; Total $1,418,293 million. source
- CIB loans retained (period-end) at June 30, 2026: $586,807 million. source
- CIB total loans (period-end) at June 30, 2026: $652,401 million. source
- AWM period-end loans at June 30, 2026: $293,386 million. source
- Loans measured at fair value totaled $62,889 million at June 30, 2026, of which $2,908 million were level 3. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +2.1% | Average loans retained for the three months ended June 30, 2026 were $825,356 million and for the three months ended June 30, 2025 were… |
| cash | positive | realized | +0.1% | Originations and purchases of loans held-for-sale were $(138,988) million for the six months ended June 30, 2026 and $(133,098) million… |
| assets | unclear | realized | — | Retained loans, end-of-period totals at June 30, 2026: Consumer, excluding credit card $367,128 million; Credit card $249,876 million;… |
| assets | unclear | realized | — | Retained loans, end-of-period totals at June 30, 2026: Consumer, excluding credit card $367,128 million; Credit card $249,876 million;… |
| assets | unclear | realized | — | Retained loans, end-of-period totals at June 30, 2026: Consumer, excluding credit card $367,128 million; Credit card $249,876 million;… |
| assets | unclear | realized | — | CIB loans retained (period-end) at June 30, 2026: $586,807 million. |
| assets | unclear | realized | — | CIB total loans (period-end) at June 30, 2026: $652,401 million. |