JPMorgan Chase Interest expense, fed funds and repos increased by 1.7% to $6.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from $5.19B to $6.15B. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher short-term funding costs or increased reliance on wholesale funding markets.
The cost incurred from short-term borrowing activities, specifically federal funds purchased and securities sold under r...
Commonly reported by large banks as a component of interest expense on short-term borrowings.
jpm_interest_expense_fed_funds_and_repos| 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 | $60.00M | $119.00M | $113.00M | $445.00M | $1.19B | $2.80B | $3.40B | $3.52B | $3.97B | $5.11B | $5.73B | $5.19B | $5.97B | $6.04B | $6.15B |
| QoQ Change | — | +98.3% | -5.0% | +293.8% | +168.3% | +134.8% | +21.3% | +3.6% | +12.7% | +28.7% | +12.2% | -9.5% | +15.0% | +1.3% | +1.7% |
| YoY Change | — | — | — | +641.7% | +903.4% | >999% | +664.0% | +195.1% | +41.5% | +50.2% | +62.7% | +30.7% | +16.8% | +5.4% | +18.4% |