For the year ending 2025-12-31, JPM-PM had -$125,979M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | 57,048 | 58,471 |
| Provision for credit losses | 14,212 | 10,678 |
| Depreciation and amortization | 8,821 | 7,938 |
| Deferred tax (benefit)/expense | 5,611 | 2,004 |
| Estimated bargain purchase gain associated with the first republic acquisition | 0 | 103 |
| Initial gain on the visa share exchange | 0 | 7,990 |
| Other | -1,309 | -1,985 |
| Originations and purchases of loans held-for-sale | 260,772 | 212,238 |
| Proceeds from sales, securitizations and paydowns of loans held-for-sale | 235,232 | 205,303 |
| Trading assets | 156,461 | 95,729 |
| Securities borrowed | 66,648 | 18,762 |
| Accrued interest and accounts receivable | 11,514 | -5,735 |
| Other assets | 12,582 | 7,650 |
| Trading liabilities | 23,134 | 2,276 |
| Accounts payable and other liabilities | 5,270 | -90 |
| Other operating adjustments | 9,558 | 6,160 |
| Net cash (used in)/provided by operating activities | -147,782 | -42,012 |
| Federal funds sold and securities purchased under resale agreements | -41,264 | -18,706 |
| Proceeds from paydowns and maturities | 54,791 | 99,363 |
| Purchases | 5,432 | 4,709 |
| Proceeds from paydowns and maturities | 37,414 | 38,499 |
| Proceeds from sales | 141,295 | 104,625 |
| Purchases | 308,772 | 352,712 |
| Proceeds from sales and securitizations of loans held-for-investment | 57,565 | 57,921 |
| Other changes in loans, net | -188,497 | -83,176 |
| Net cash used in first republic acquisition | 0 | 2,362 |
| All other investing activities, net | 12,665 | 2,146 |
| Net cash (used in)/provided by investing activities | -265,565 | -163,403 |
| Deposits | 153,168 | 3,299 |
| Federal funds purchased and securities loaned or sold under repurchase agreements | 145,535 | 80,288 |
| Short-term borrowings | 9,422 | 7,439 |
| Beneficial interests issued by consolidated vies | -622 | 1,543 |
| Proceeds from long-term borrowings | 120,761 | 109,915 |
| Payments of long-term borrowings | 108,100 | 96,605 |
| Proceeds from issuance of preferred stock | 3,000 | 2,500 |
| Redemption of preferred stock | 3,000 | 9,850 |
| Treasury stock repurchased | 31,591 | 18,830 |
| Dividends paid | 16,625 | 14,783 |
| All other financing activities, net | -2,415 | -1,469 |
| Net cash provided by/(used in) financing activities | 269,533 | 63,447 |
| Effect of exchange rate changes on cash and due from banks and deposits with banks | 17,835 | -12,866 |
| Net increase/(decrease) in cash and due from banks and deposits with banks | -125,979 | -154,834 |
| Cash and cash equivalents at beginning of period | 469,317 | 624,151 |
| Cash and cash equivalents at end of period | 343,338 | 469,317 |
JPMORGAN CHASE & CO (JPM-PM)
JPMORGAN CHASE & CO (JPM-PM)