Material Reconciling Items — Income Tax Expense Benefit
JPMorgan Chase Material Reconciling Items — Income Tax Expense Benefit decreased by 3.6% to $3.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $3.77B to $3.99B. Over 4 years (FY 2021 to FY 2025), Material Reconciling Items — Income Tax Expense Benefit shows an upward trend with a 8.5% CAGR.
Analysis
How to read this metric
Changes often reflect corporate-level tax adjustments, deferred tax asset/liability movements, or changes in tax strategy that affect the consolidated effective tax rate.
Detailed definition
This represents the income tax expense or benefit associated with corporate-level reconciling items that are not allocat...
Peer comparison
Similar to corporate-level tax adjustments or unallocated tax provisions found in the financial reports of large, multi-segment banks.
jpm_segment_material_reconciling_items_income_tax_expense_benefitHistorical Data
| 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 | $3.15B | $2.42B | $2.26B | $1.78B | $2.22B | $2.26B | $2.23B | $3.35B | $3.11B | $3.58B | $2.02B | $3.87B | $5.29B | $4.08B | $3.37B | $3.77B | $3.30B | $4.35B | $4.14B | $3.99B |
| QoQ Change | — | -23.0% | -6.8% | -21.1% | +24.4% | +2.2% | -1.5% | +50.1% | -6.9% | +15.0% | -43.6% | +91.9% | +36.4% | -22.8% | -17.4% | +11.7% | -12.4% | +31.9% | -4.9% | -3.6% |
| YoY Change | — | — | — | — | -29.6% | -6.6% | -1.3% | +87.8% | +40.5% | +58.2% | -9.4% | +15.8% | +69.7% | +13.9% | +66.9% | -2.8% | -37.6% | +6.6% | +22.7% | +5.8% |
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Frequently Asked Questions
- What is JPMorgan Chase's material reconciling items — income tax expense benefit?
- JPMorgan Chase (JPM) reported material reconciling items — income tax expense benefit of $3.99B in Q1 2026.
- How has JPMorgan Chase's material reconciling items — income tax expense benefit changed year-over-year?
- JPMorgan Chase's material reconciling items — income tax expense benefit increased by 5.8% year-over-year, from $3.77B to $3.99B.
- What is the long-term trend for JPMorgan Chase's material reconciling items — income tax expense benefit?
- Over 4 years (2021 to 2025), JPMorgan Chase's material reconciling items — income tax expense benefit has grown at a 8.5% compound annual growth rate (CAGR), from $11.23B to $15.55B.
- What does material reconciling items — income tax expense benefit mean?
- The income tax expense or benefit related to corporate-level items not assigned to specific business segments.