Cost of Revenue
Interest Expense on Trading Liabilities
JPMorgan Chase Interest Expense on Trading Liabilities decreased by 2.3% to $2.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $2.09B to $2.26B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase may indicate higher costs to maintain short positions or changes in the bank's trading strategy and market positioning.
Detailed definition
This metric tracks the interest expense associated with trading account liabilities, such as short positions in securiti...
Peer comparison
Common for banks with significant capital markets operations; peers report this as part of trading-related interest expense.
Metric ID:
c_interest_expense_trading_account_liabilitiesHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $51.00M | $52.00M | $191.00M | $471.00M | $1.05B | $1.97B | $2.37B | $2.46B | $2.64B | $2.60B | $2.63B | $2.09B | $2.28B | $2.32B | $2.26B |
| QoQ Change | — | +2.0% | +267.3% | +146.6% | +121.9% | +88.6% | +20.4% | +3.8% | +7.0% | -1.2% | +1.1% | -20.6% | +8.9% | +1.7% | -2.3% |
| YoY Change | — | — | — | +823.5% | >999% | +931.9% | +403.8% | +135.7% | +33.7% | +9.7% | +6.9% | -20.7% | -12.5% | -12.0% | +8.2% |
Range$51.00M – $2.64B
CAGR+195.5%
Avg YoY Growth+351.5%
Median YoY Growth+21.7%
Interest Expense on Trading Liabilities at Other Companies
Frequently Asked Questions
- What is JPMorgan Chase's interest expense on trading liabilities?
- JPMorgan Chase (JPM) reported interest expense on trading liabilities of $2.26B in Q1 2026.
- How has JPMorgan Chase's interest expense on trading liabilities changed year-over-year?
- JPMorgan Chase's interest expense on trading liabilities increased by 8.2% year-over-year, from $2.09B to $2.26B.
- What does interest expense on trading liabilities mean?
- Interest costs related to short positions and other trading-related liabilities.