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JPMorgan Chase JPM Asset & Wealth Management — Income Tax

Other segment segments

Commercial & Investment Bank
$2.72B+24.8%
Consumer & Community Banking
$1.56B+11.5%

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$984K+26.3%
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WASHWealth Management Services — Income Tax
$729K+410%

Other financials

Income statement

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Revenue$49.8B+10.0%
Net income$16.5B+12.6%
EPS (diluted)$5.94+17.2%

Balance sheet

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Cash & equivalents$312.14B-26.7%
Total debt$526.11B+9.3%
Total equity$364.04B+3.6%
Total assets$4.90T+12.5%

Cash flow

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Operating cash flow-$211.76B+15.9%

Valuation

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Market cap$898.9B+10.8%
Enterprise value$1.11T+25.7%
P/E15.3×+0.9×
P/S4.8×+0.2×

Profitability

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Net margin31.5%-1.5pp

Returns & leverage

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Return on equity16.5%-0.9pp
Debt / equity1.4×+0.1×

Where this comes from

Reported directly by JPMorgan Chase in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: JPMorgan Chase’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JPMorgan Chase's asset & wealth management — income tax?
JPMorgan Chase (JPM) reported asset & wealth management — income tax of $456M in Q1 2026.
How has JPMorgan Chase's asset & wealth management — income tax changed year-over-year?
JPMorgan Chase's asset & wealth management — income tax increased by 2.5% year-over-year, from $445M to $456M.
What is the long-term trend for JPMorgan Chase's asset & wealth management — income tax?
Over 4 years (2021 to 2025), JPMorgan Chase's asset & wealth management — income tax has grown at a 8.6% compound annual growth rate (CAGR), from $1.53B to $2.12B.
What does asset & wealth management — income tax mean?
This represents the total tax liability incurred by the Asset and Wealth Management segment on its pre-tax earnings. It reflects the application of applicable corporate tax rates to the segment's taxable income, adjusted for permanent and temporary differences. This metric is essential for understanding the segment's net contribution to the firm's bottom line after accounting for fiscal obligations.