{ "docId": "019de517-d3ff-720c-825b-d916924a3058", "docSlug": "5c0642dcceac15f29664c3242bd11740", "documentTitle": "J.P.Morgan | Results Presentation Deck | 31 slides", "authorId": "j-p-morgan", "authorName": "JPMorgan Chase & Co.", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-01-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2938006, "pageNumber": 17, "pageCount": 31, "prevPage": 16, "nextPage": 18, "slideType": "kpi_overview", "function": "summarize", "density": "overcrowded", "nDataPoints": 400, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de517-d3ff-720c-825b-d916924a3058/17", "deckHref": "/decks/019de517-d3ff-720c-825b-d916924a3058", "deckJsonHref": "/decks/019de517-d3ff-720c-825b-d916924a3058.json", "deckAnchorHref": "/decks/019de517-d3ff-720c-825b-d916924a3058#slide-17", "components": [ { "bbox": { "h": 0.01, "w": 0.16, "x": 0.03, "y": 0.1 }, "kind": "paragraph", "text": "(in millions, except ratio data)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2d378ff2-b0ce-44b2-80a6-2257665e18be", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.19, "w": 0.96, "x": 0.03, "y": 0.73 }, "kind": "source-note", "text": "(a) Includes CB's share of revenue from investment banking products sold to CB clients through the CIB that is subject to a revenue sharing arrangement which is reported as a reduction in All other income.\n(b) Includes tax-equivalent adjustments, predominantly due to income tax credits and other tax benefits related to alternative energy investments; income tax credits and amortization of the cost of investments in affordable housing projects; and tax-exempt income from municipal\nbonds of $1.2 billion, $643 million, $953 million, $839 million and $854 million for the three months ended December 31, 2023, September 30, 2023, June 30, 2023, March 31, 2023 and December 31, 2022, respectively, and $3.6 billion and $3.0 billion for the full year 2023 and\n2022, respectively.\n(c) Consists primarily of centrally managed credit valuation adjustments (\"CVA\"), funding valuation adjustments (\"FVA\") on derivatives, other valuation adjustments, and certain components of fair value option elected liabilities, which are primarily reported in principal transactions\nrevenue. Results are presented net of associated hedging activities and net of CVA and FVA amounts allocated to Fixed Income Markets and Equity Markets.\n(d) In the first quarter of 2023, the allocations of revenue and expense to CCB associated with a Merchant Services revenue sharing agreement were discontinued and are now retained in Payments in CIB. Prior-period amounts have been revised to conform with the current\npresentation.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "541ad3d3-801b-4a07-8b5b-4710553e89e9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.05, "x": 0.91, "y": 0.96 }, "kind": "source-note", "text": "Page 16", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "82f2bbff-88b7-4ff3-82c3-ebeae92fbfbc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.7, "w": 0.93, "x": 0.03, "y": 0.15 }, "kind": "table", "text": "INCOME STATEMENT\nREVENUE\nInvestment banking fees (a)\nPrincipal transactions\nLending- and deposit-related fees\nCommissions and other fees\nCard income\nAll other income\nNoninterest revenue\nNet interest income\nTOTAL NET REVENUE (b)\nProvision for credit losses\nNONINTEREST EXPENSE\nCompensation expense\nNoncompensation expense\nTOTAL NONINTEREST EXPENSE\nIncome before income tax expense\nIncome tax expense\nNET INCOME\nFINANCIAL RATIOS\nROE\nOverhead ratio\nCompensation expense as percentage of total net revenue\nREVENUE BY BUSINESS\nInvestment Banking\nPayments\nLending\nTotal Banking\nFixed Income Markets\nEquity Markets\nSecurities Services\nCredit Adjustments & Other (c)\nTotal Markets & Securities Services\nTOTAL NET REVENUE", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "03487b68-916d-4d34-8949-53c31d24b0b8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.21, "x": 0.03, "y": 0.08 }, "kind": "title", "text": "FINANCIAL HIGHLIGHTS", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e05bd465-42d9-4b81-9916-0f6997449fe5", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "c3c522ed-256a-4c83-9883-040156fbb380", "evidence": "The slide contains a table with financial data, including 'INCOME STATEMENT' and various revenue and expense metrics.", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 20, "from": 11, "beatId": "f0e9d90a-c1e1-42df-9951-ccaad7473a80", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "The presentation provides segment results and capital management information to demonstrate satisfaction of investor expectations", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [ { "to": 20, "from": 15, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a00b7636-9b56-4f47-b764-83e980a64a4b", "evidence": "The presentation touches on credit quality and risk management to imply the cost of inaction", "position": 1, "objective": "Highlight risks and challenges", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }