摩根大通 JPMorgan Chase ＆ Co（JPM）2025年第一季度业绩结果报告「NYSE」（英文版）（14页）.pdf

1、April 11,20251Q25 Financial Results1Q25 Financial highlights1See note 3 on slide 102Represents the estimated Basel III common equity Tier 1(“CET1”)capital and ratio and Total Loss-Absorbing Capacity for the current period.See note 1 on slide 113Standardized risk-weighted assets(“RWA”).Estimated for

2、the current period.See note 1 on slide 114Cash and marketable securities represents HQLA and unencumbered marketable securities.Estimated for the current period.See note 2 on slide 115See note 1 on slide 106Includes the net impact of employee issuances.Excludes excise tax and commissions7Last twelve

3、 months(“LTM”)8See note 4 on slide 11ROTCE121%CET1 capital ratios2Std.15.4%|Adv.15.5%Total Loss-Absorbing Capacity2$558BStd.RWA3$1.8TCash and marketable securities4$1.5TAverage loans$1.3TBalance sheetLoans:average loans of$1.3T up 2%YoY and flat QoQDeposits:average deposits of$2.4T up 2%YoY and 1%Qo

4、QCET1 capital of$280B2 Standardized CET1 capital ratio of 15.4%2;Advanced CET1 capital ratio of 15.5%2Capital distributedCommon dividend of$3.9B or$1.40 per share$7.1B of common stock net repurchases6Net payout LTM of 62%6,7Income statement1Q25 net income of$14.6B and EPS of$5.07Managed revenue of$4

5、6.0B5Expense of$23.6B and managed overhead ratio of 51%5SIGNIFICANT ITEMS($MM,EXCLUDING EPS)Pretax Net incomeEPSFirst Republic-related gain$588$446$0.16811Q25 4Q24 1Q24 Net interest income$23.4($0.1)$0.2 Noninterest revenue22.6 2.4 3.3 Managed revenue146.0 2.3 3.5 Expense23.6 0.8 0.8 Credit costs3.3

6、 0.7 1.4 Net income$14.6$0.6$1.2 Net income applicable to common stockholders$14.3$0.6$1.4 EPS diluted$5.07$0.26$0.63 ROE218%17%17%ROTCE2,321 21 21 Overhead ratio managed1,251 52 53 Memo:NII excluding Markets4$22.6($0.4)($0.4)NIR excluding Markets413.8 0.1 2.2 Markets revenue59.7 2.6 1.7 Managed rev