摩根大通 JPMorgan Chase ＆ Co（JPM）2025年年度报告「NYSE」（英文版）（364页）.pdf

1、Annual Report 2025Life,Liberty and the Pursuit of HappinessFinancial HighlightsAs of or for the year ended December 31,(in millions,except per share,ratio data and employees)2025 2024 2023Selected income statement dataTotal net revenue$182,447$177,556(g)$158,104Total noninterest expense 95,640 91,79

2、7(g)87,172Pre-provision profit(a)86,807 85,759 70,932Provision for credit losses 14,212(e)10,678 9,320 Net income$57,048$58,471$49,552 Per common share data Net income per share:Basic$20.05$19.79$16.25 Diluted 20.02 19.75 16.23Book value per share 126.99 116.07 104.45Tangible book value per share(TB

3、VPS)(a)107.56 97.30 86.08Cash dividends declared per share 5.80 4.80 4.10Selected ratiosReturn on common equity(ROE)17%18%17%Return on tangible common equity(ROTCE)(a)20 22 21Liquidity coverage ratio(average)(b)111 113 113Common equity Tier 1 capital ratio Standardized(c)(d)14.6(f)15.7 15.0Tier 1 ca

4、pital ratio Standardized(c)(d)15.5(f)16.8 16.6Total capital ratio Standardized(c)(d)17.4(f)18.5 18.5Selected balance sheet data(period-end)Loans$1,493,429$1,347,988$1,323,706Total assets 4,424,900 4,002,814 3,875,393Deposits 2,559,320 2,406,032 2,400,688Common stockholders equity 342,393 324,708 300

5、,474Total stockholders equity 362,438 344,758 327,878Market data Closing share price$322.22$239.71$170.10Market capitalization 868,793 670,618 489,320Common shares at period-end 2,696.2 2,797.6 2,876.6Employees 318,512 317,233 309,926(a)Pre-provision profit,TBVPS and ROTCE are each non-GAAP financia

6、l measures.Tangible common equity(TCE)is also a non-GAAP financial measure.Refer to Explanation and Reconciliation of the Firms Use of Non-GAAP Financial Measures on pages 5961 for a discussion of these measures.(b)Refer to Liquidity Risk Management on pages 100107 for additional information on this