: 16.60% (As of Dec. 2023)
Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.
JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Dec. 2023 was 16.60%, which is higher than15.90% for the pervious quarter ended in Sep. 2023.
JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio % for the annual that ended in Dec. 2023 was 16.60%, which is higher than14.90% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:
JPM's Capital Adequacy Tier - Tier 1 Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Tier 1 Ratio % only.
JPMorgan Chase Capital Adequacy Tier - Tier 1 Ratio % Historical Data
The historical data trend for JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
| JPMorgan Chase Annual Data | ||||||||||
| Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||
| Capital Adequacy Tier - Tier 1 Ratio % | ||||||||||
| JPMorgan ChaseQuarterly Data | ||||||||||||||||||||||||||||||||||||||||
| Trend | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | ||||||||||||||||||||
| Capital Adequacy Tier - Tier 1 Ratio % | ||||||||||||||||||||||||||||||||||||||||
Competitive Comparison
For the Banks - Diversified subindustry, JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JPMorgan Chase(NYSE:JPM) Capital Adequacy Tier - Tier 1 Ratio % Calculation
Capital Adequacy Tier - Tier 1 Ratio % is calculated as
| Capital Adequacy Tier - Tier 1 Ratio % | = | Tier 1 Capital | / | Total Risk Weighted Assets |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JPMorgan Chase(NYSE:JPM) Capital Adequacy Tier - Tier 1 Ratio % Explanation
Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).
The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.
JPMorgan Chase Capital Adequacy Tier - Tier 1 Ratio % Related Terms
Thank you for viewing the detailed overview of JPMorgan Chase's Capital Adequacy Tier - Tier 1 Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
JPMorgan Chase (NYSE:JPM) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Financial Services » Banks » » Definitions » Capital Adequacy Tier - Tier 1 Ratio %
Comparable Companies
BAC WFC C EWBC NTB SHSE:601398 SHSE:601288 SHSE:601988 SHSE:601939 LSE:HSBA TSX:RY ASX:CBA TSE:8306 TSX:TD XSWX:UBSG TSE:8316 ASX:NAB TSX:BMO XMAD:SAN XMAD:BBVA
Traded in Other Exchanges
Address
383 Madison Avenue, New York, NY, USA, 10179
Website
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Executives
| Mary E. Erdoes | officer: Managing Director | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Jennifer Piepszak | officer: Chief Financial Officer | JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179 |
| Peter Scher | officer: Executive Vice President | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Ashley Bacon | officer: Chief Risk Officer | JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179 |
| Douglas B Petno | officer: Managing Director | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Marianne Lake | officer: Chief Financial Officer | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Stacey Friedman | officer: General Counsel | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Lori A Beer | officer: Chief Information Officer | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Daniel E Pinto | officer: Managing Director | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Alicia S Boler-davis | director | 300 RENAISSANCE CENTER, M/C: 482-C23-D24, DETROIT MI 48265-3000 |
| Mellody L Hobson | director | C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563 |
| Robin Leopold | officer: Head of Human Resources | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Alex Gorsky | director | JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933 |
| Jeremy Barnum | officer: Chief Financial Officer | 383 MADISON AVENUE, NEW YORK NY 10179-0001 |
| Elena A Korablina | officer: Corporate Controller | 383 MADISON AVENUE, NEW YORK NY 10179-0001 |
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