In: Business and Management

Submitted By shuufu
Words 207037
Pages 829

Financial Highlights
As of or for the year ended December 31,
(in millions, except per share, ratio data and headcount)

Reported basis1
Total net revenue
Total noninterest expense
Pre-provision profit
Provision for credit losses
Net income
Per common share data
Net income per share:
Cash dividends declared
Book value
Tangible book value2




Selected ratios
Return on common equity
Return on tangible common equity2
Common equity Tier 1 (“CET1”) capital ratio3
Tier 1 capital ratio3
Total capital ratio3
Selected balance sheet data (period-end)
Total assets
Total stockholders’ equity












Note: 2014 has been revised to reflect the adoption of new accounting guidance related to debt issuance costs and investments in affordable housing projects. For additional information, see Accounting and Reporting Developments and
Note 1 on pages 170 and 183, respectively.
1 Results are presented in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP),

except where otherwise noted.
2 Non-GAAP financial measure. For further discussion, see “Explanation and Reconciliation of the Firm’s Use Of Non-GAAP

Financial Measures” on pages 80—82.
3 The ratios presented are calculated under the Basel III Advanced Fully Phased-In Approach, which are non-GAAP financial

measures. For further discussion, see “Regulatory capital” on pages 151—155.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in…...

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