JPMORGAN CHASE & CO

Overview

JPMorgan Chase & Co. is a U.S.-based global financial-services firm with operations worldwide. Its businesses span investment banking, consumer and small-business financial services, commercial banking, financial transaction processing, and asset and wealth management. The firm reports three principal segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management.[1][2]

The company serves consumers, small businesses, and corporate and institutional clients, with a global footprint that includes overseas branches, subsidiaries, and representative offices.[1][3] Its stated purpose is “Make Dreams Possible For everyone, everywhere, every day.” [4] For 2025, it reported total net revenue of $182.447 billion and 318,512 employees.[5] [1]+5

Products & services

JPMorgan Chase’s Consumer & Community Banking products include checking and savings deposits, investment and lending products, cash management and payments, residential mortgages, home-equity loans, auto loans and leases, and credit cards with payment solutions, travel services, merchant offers and lifestyle benefits. Customers access these services through branches, ATMs, mobile and online banking, and telephone banking.[6]

Its Commercial & Investment Bank provides corporate-strategy and capital-raising advice, loans and syndication, and global liquidity, account, payments, clearing, trade and working-capital services. Markets & Securities Services offers cash and derivatives trading, risk management, lending, prime brokerage, clearing and research, alongside custody, fund services, liquidity and trading services, and data solutions. Asset & Wealth Management offers actively and passively managed strategies across equities, fixed income, alternatives and money-market funds, as well as private-bank investment management, brokerage, custody, retirement, estate-planning, lending and deposit services. AWM reported $7.1 trillion in client assets for FY2025.[7][8]

For FY2025, net revenue was $76.029 billion in Consumer & Community Banking, $78.454 billion in the Commercial & Investment Bank, and $24.073 billion in Asset & Wealth Management. For the six months ended June 30, 2026, those segments reported net revenue of $39.840 billion, $48.232 billion and $13.225 billion, respectively. These are segment-level figures; the cited summaries do not break performance out by individual product.[9][10] [6]+4

Geographic presence

JPMorgan Chase & Co.’s 2025 Form 10-K reports net revenue of $78.454 billion by geographic region: North America $47.930 billion (61.1%); Europe, Middle East and Africa $17.189 billion (21.9%); Asia-Pacific $10.699 billion (13.6%); and Latin America and the Caribbean $2.636 billion (3.4%). Percentages are calculated from the reported regional amounts. The table is regional rather than country-specific, and North America is not reported as U.S.-only.[11] The filing’s geographic allocation is based mainly on client domicile, relationship-management location, booking location, or trading-desk location; it defines international activity by whether clients reside outside the U.S.[12]

The company reports U.S. branches in 48 states and Washington, D.C., and overseas branches, subsidiaries, representative offices, and foreign banks; its principal non-U.S. operating subsidiaries are based in the U.K. and Germany.[3] In 2025, JPMorganChase described an on-ground presence in 179 U.S. locations and 65 countries internationally, serving clients in more than 100 markets; Chase reported more than 5,000 branches across the 48 contiguous states.[13][14]

At year-end 2025, the company reported 318,512 employees across 66 countries, with 58% in the U.S. Its regional employee counts were 185,208 in North America, 96,499 in Asia-Pacific, 31,030 in Europe/Middle East/Africa, and 5,775 in Latin America/the Caribbean.[15][16] [11]+6

Business segments

JPMorgan Chase reports three operating business segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM); it also presents Corporate results separately. Shares below are approximate portions of FY2025 firmwide net revenue of $185.6 billion, including Corporate.[9][17]

CCB serves consumers and small businesses through banking and wealth management, home lending, cards, and auto businesses. FY2025 net revenue was $76.0 billion, approximately 41.0% of the firmwide total.[6][9]

CIB serves corporate and institutional clients through Banking & Payments and Markets & Securities Services, including investment banking, lending, payments, market-making, financing, custody, and securities services. FY2025 net revenue was $78.5 billion, approximately 42.3% of the firmwide total.[7][9] AWM provides investment management for institutional and retail investors and wealth services for high-net-worth clients. FY2025 net revenue was $24.1 billion, approximately 13.0% of the total.[8][9] Corporate includes Treasury and CIO activities, as well as other centrally managed functions and firmwide initiatives; its $7.0 billion in FY2025 net revenue represented approximately 3.8% of the total.[18]+2 [9]+10

Company history

JPMorgan Chase traces its roots to the Manhattan Company, chartered in 1799, and to several other banking and financial businesses that later came together. The Morgan banking lineage took shape with Drexel, Morgan & Co. in 1871, while Chase National Bank was founded in 1877. In 1955, Chase National merged with the Bank of the Manhattan Company to form The Chase Manhattan Bank.[20]+2

A series of mergers consolidated major predecessor institutions: Chemical Banking Corporation merged with Manufacturers Hanover in 1991, then combined with Chase Manhattan in 1996. In 2000, Chase and J.P. Morgan merged, creating J.P. Morgan Chase & Co.[23]+2

In 2004, the company completed its merger with Bank One, expanding its consumer-banking and card businesses; Jamie Dimon became president and chief operating officer of the combined company, then CEO in 2006. In 2008, JPMorgan Chase acquired Bear Stearns and Washington Mutual’s banking operations, further broadening its businesses.[25]+3 [20]+8

Sources

• JPMORGAN CHASE & CO — Full financial report (2025 Y)
  15 citations

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• JPMORGAN CHASE & CO — Full financial report (2026 Q 2)[10]
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• www.jpmorganchase.com[14]
• www.jpmorganchase.com[20]
• www.jpmorganchase.com[21]
• www.britannica.com[22]
• fraser.stlouisfed.org[23]
• jpmorganchaseco.gcs-web.com[24]
• jpmorganchaseco.gcs-web.com[25]
• www.jpmorganchase.com[26]
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• www.jpmorganchase.com[28]