JPMorgan Chase Securities borrowed decreased by 0.6% to $284.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $238.70B to $284.52B. Over 5 years (FY 2020 to FY 2025), Securities borrowed shows an upward trend with a 12.2% CAGR.
An increase often correlates with higher trading volume and market-making activity, whereas a decrease may signal reduced market participation or tighter risk appetite.
This represents securities obtained from counterparties, typically to cover short positions or to facilitate client trad...
Common in large investment banks with significant prime brokerage and trading desks.
fin_securities_borrowed| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $186.38B | $202.99B | $206.07B | $224.85B | $202.39B | $193.22B | $185.37B | $195.92B | $163.56B | $188.28B | $200.44B | $198.34B | $199.06B | $252.43B | $219.55B | $238.70B | $223.98B | $248.37B | $286.19B | $284.52B |
| QoQ Change | — | +8.9% | +1.5% | +9.1% | -10.0% | -4.5% | -4.1% | +5.7% | -16.5% | +15.1% | +6.5% | -1.0% | +0.4% | +26.8% | -13.0% | +8.7% | -6.2% | +10.9% | +15.2% | -0.6% |
| YoY Change | — | — | — | — | +8.6% | -4.8% | -10.0% | -12.9% | -19.2% | -2.6% | +8.1% | +1.2% | +21.7% | +34.1% | +9.5% | +20.4% | +12.5% | -1.6% | +30.4% | +19.2% |