Trading liabilities

Current Liabilities

JPMorgan Chase Trading liabilities increased by 26.1% to $216.02B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $192.88B to $216.02B. Over 5 years (FY 2020 to FY 2025), Trading liabilities shows an upward trend with a 4.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Fluctuations reflect the bank's trading strategy and market volatility rather than fundamental operational health.

Detailed definition

This represents the fair value of short positions and other trading obligations held by the bank's market-making and tra...

Peer comparison

Commonly reported by investment banks and universal banks with significant trading operations.

Metric ID: fin_trading_liabilities

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$95.22B$94.32B$164.69B$87.34B$85.16B$92.09B$177.98B$122.67B$133.79B$148.72B$180.43B$181.40B$171.45B$163.36B$192.88B$156.62B$171.50B$171.36B$216.02B
QoQ Change-0.9%+74.6%-47.0%-2.5%+8.1%+93.3%-31.1%+9.1%+11.2%+21.3%+0.5%-5.5%-4.7%+18.1%-18.8%+9.5%-0.1%+26.1%
YoY Change-10.6%-2.4%+8.1%+40.5%+57.1%+61.5%+1.4%+47.9%+28.1%+9.8%+6.9%-13.7%+0.0%+4.9%+12.0%
Range$85.16B$216.02B
CAGR+20.0%
Avg YoY Growth+16.8%
Median YoY Growth+8.1%

Frequently Asked Questions

What is JPMorgan Chase's trading liabilities?
JPMorgan Chase (JPM) reported trading liabilities of $216.02B in Q4 2025.
How has JPMorgan Chase's trading liabilities changed year-over-year?
JPMorgan Chase's trading liabilities increased by 12.0% year-over-year, from $192.88B to $216.02B.
What is the long-term trend for JPMorgan Chase's trading liabilities?
Over 5 years (2020 to 2025), JPMorgan Chase's trading liabilities has grown at a 4.9% compound annual growth rate (CAGR), from $170.18B to $216.02B.
What does trading liabilities mean?
Obligations arising from short-selling and other trading activities at current market prices.

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