Jpmorgan Chase (JPM) Tax Provisions (2009 - 2026)

Jpmorgan Chase (JPM) posted quarterly Tax Provisions of $4.0 billion for Q1 2026, up 5.84% year-over-year from $3.8 billion in Q1 2025, and down 3.63% on a QoQ basis from $4.1 billion in Q4 2025.

Jpmorgan Chase (JPM) Tax Provisions (2009 - 2026) Analysis & Trends

Jpmorgan Chase (JPM) has reported Tax Provisions for 18 consecutive years, with $4.0 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Provisions rose 5.84% year-over-year to $4.0 billion; the TTM figure through Mar 2026 stood at $15.8 billion (down 4.45% YoY), while the FY2025 annual figure was $15.5 billion, down 6.4% from the prior year.
  • Tax Provisions came in at $4.0 billion for Q1 2026 at Jpmorgan Chase, down from $4.1 billion in the prior quarter.
  • The five-year high for Tax Provisions was $5.3 billion in Q2 2024, with the low at $450.0 million in Q1 2024.
  • Average Tax Provisions over 5 years is $3.1 billion, with a median of $3.3 billion recorded in 2023.
  • Across the five-year window, Tax Provisions plunged 86.55% in 2024 and surged 736.67% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at $2.2 billion in 2022, then decreased by 9.42% to $2.0 billion in 2023, then surged by 66.91% to $3.4 billion in 2024, then grew by 22.7% to $4.1 billion in 2025, then dropped by 3.63% to $4.0 billion in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $4.0 billion, $4.1 billion, and $4.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Jpmorgan Chase - - - 3.99 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.99 Bn
Dec 31, 2025 4.14 Bn
Sep 30, 2025 4.35 Bn
Jun 30, 2025 3.30 Bn
Mar 31, 2025 3.77 Bn
Dec 31, 2024 3.37 Bn
Sep 30, 2024 4.08 Bn
Jun 30, 2024 5.29 Bn
Mar 31, 2024 450.00 Mn
Dec 31, 2023 2.02 Bn
Sep 30, 2023 3.58 Bn
Jun 30, 2023 3.11 Bn
Mar 31, 2023 3.35 Bn
Dec 31, 2022 2.23 Bn
Sep 30, 2022 2.26 Bn
Jun 30, 2022 2.22 Bn
Mar 31, 2022 1.78 Bn
Dec 31, 2021 2.26 Bn
Sep 30, 2021 2.42 Bn
Jun 30, 2021 3.15 Bn