JPM · 10-Q · 2026Q2 · Full report

Wholesale Credit Growth and Quality

JPMORGAN CHASE & CO · 2026-08-06 · Importance 49 · Surprise 32 · Matches filing data

The wholesale credit portfolio increased 8.4% to $1,673.6 billion at June 30, 2026 from $1,544.4 billion at December 31, 2025, including $900.8 billion of loans and $622.8 billion of lending-related commitments. Nonperforming wholesale exposure decreased $398 million to $6.1 billion, primarily from paydowns, charge-offs and loan sales in Real Estate and Technology, Media & Telecommunications, partly offset by downgrades in Consumer & Retail and Industrials. Criticized exposure increased to $50.3 billion from $48.5 billion, representing approximately 3.3% of total wholesale credit exposure, with the increase concentrated in Commercial and Industrial exposures. Investment-grade retained loans totaled $576.2 billion, or approximately 68% of retained wholesale loans.

Key facts

• As of June 30, 2026, loans increased by $57.5 billion, predominantly driven by higher loans in CIB and higher securities-based lending in AWM. source
• Wholesale loans retained at June 30, 2026: $846,804 million; at December 31, 2025: $792,367 million. source
• Wholesale total loans (including held-for-sale and fair value) at June 30, 2026: $900,843 million; at December 31, 2025: $843,374 million. source
• Total wholesale credit-related assets at June 30, 2026: $1,050,813 million; at December 31, 2025: $948,487 million. source
• Total wholesale credit portfolio (including lending-related commitments) at June 30, 2026: $1,673,579 million; at December 31, 2025: $1,544,441 million. source

Impact estimates