RegulatoryJun 24, 2026, 04:13 PM
JPMorgan Discloses 2026 DFAST Results; Firm CET1 Min 12.4%
AI Summary
JPMorgan Chase & Co. disclosed the results of its company-run 2026 Dodd-Frank Act Stress Test (DFAST) for both the Firm and JPMorgan Chase Bank, N.A. Under the Supervisory Severely Adverse Scenario, the Firm's projected minimum Common Equity Tier 1 (CET1) capital ratio was 12.4%, while the Bank's was 13.2%. The stress test results, which are hypothetical estimates, reflect a severe global recession with significant declines in economic variables and asset prices.
Key Highlights
- JPMorgan Chase & Co. released its 2026 Dodd-Frank Act Stress Test (DFAST) results.
- The Firm's projected minimum Common Equity Tier 1 (CET1) capital ratio was 12.4% under the severely adverse scenario.
- JPMorgan Chase Bank, N.A.'s projected minimum CET1 capital ratio was 13.2%.
- The Firm's 9-quarter cumulative projected pre-provision net revenue (PPNR) was $135.9 billion.
- The Firm's 9-quarter cumulative projected provision for credit losses was $95.6 billion.
- The Supervisory Severely Adverse Scenario included a U.S. real GDP trough of (4.6%) and a peak unemployment rate of 10.0%.
- The scenario also projected a stock market index trough of (58%) and a commercial real estate price index trough of (39%).
Price Impact
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