JPM · 10-Q · 2026Q3 · Full report
Structured Notes Balance Growth
JPMORGAN CHASE & CO · 2026-11-03 · Importance 47 · Surprise 48 · From source text
Structured notes totaled $202.716 billion in fair value at September 30, 2026, up from $164.965 billion at December 31, 2025. Long-term debt represented $154.004 billion of the 2026 total, while deposits were $33.717 billion and short-term borrowings were $14.995 billion. Interest-rate exposure was the largest risk category at $107.949 billion, followed by equity exposure at $77.876 billion.
Key facts
- JPMorgan Chase & Co.'s structured notes totaled $202.716 billion in fair value at September 30, 2026, compared with $164.965 billion at December 31, 2025. source
- JPMorgan Chase & Co.'s interest rate structured notes totaled $107.949 billion at September 30, 2026, compared with $81.855 billion at December 31, 2025. source
- Structured notes were $156,345 million at September 30, 2026, compared with $130,621 million at December 31, 2025; increases were primarily driven by net issuances in Markets due to client demand and increased fair value. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -0.7% | JPMorgan Chase & Co.'s structured notes totaled $202.716 billion in fair value at September 30, 2026, compared with $164.965 billion at… |
| liability | negative | realized | -0.5% | Structured notes were $156,345 million at September 30, 2026, compared with $130,621 million at December 31, 2025; increases were… |