JPMORGAN CHASE & CO
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
JPM$334.49-0.8%Stored close · as of Nov 6, 2026
Contents
Accounting and Reporting Developments
| FASB standards issued but not yet adopted | ||
|---|---|---|
| Standard | Summary of guidance | Effects on financial statements |
| Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures: Disaggregation of Income Statement ExpensesIssued November 2024 | •Requires additional disaggregation of specific types of expenses within the Notes to the Consolidated Financial Statements on an annual and interim basis. | •Required effective date: Annual financial statements for the year ending December 31, 2027.(a)•Permits adoption on a prospective or retrospective basis.•The Firm is evaluating the potential impact on the Consolidated Financial Statements disclosures, as well as the Firm’s planned date of adoption. |
| Derivatives and Hedging and Revenue from Contracts with Customers: Derivatives Scope Refinements and Scope Clarification for Share-Based Noncash Consideration from a Customer in a Revenue ContractIssued September 2025 | •No longer requires derivative accounting treatment for certain contracts where the underlying variable is solely based on the specific operations or activities of one of the contracting parties. The new guidance also clarifies the applicability of derivative accounting treatment to contracts with both in-scope and out-of-scope terms.•Clarifies the accounting for share-based payments from a customer in exchange for goods or services. | •Required effective date: January 1, 2027.(a)•Permits adoption on a prospective or modified retrospective basis.•The Firm is evaluating the potential impact on the Consolidated Financial Statements, as well as the Firm's planned date of adoption. |
| Intangibles—Goodwill and Other—Internal-Use Software: Targeted Improvements to the Accounting for Internal-Use SoftwareIssued September 2025 | •Amends the cost capitalization guidance by removing all references to software development project stages to better align with current software development methods.•Requires software cost capitalization to begin when 1) management has authorized and committed to funding the software project, and 2) it is probable that the software will be completed and used to perform its intended function. | •Required effective date: January 1, 2028.(a)•Permits adoption on a prospective, modified or retrospective transition basis.•The Firm is evaluating the potential impact on the Consolidated Financial Statements, as well as the Firm’s planned date of adoption. |
| Financial Instruments—Credit Losses: Purchased LoansIssued November 2025 | •Establishes an additional allowance framework for purchased, seasoned held-for-investment loans, excluding credit cards.•Requires that management’s initial estimate of expected credit losses be recognized as an increase to the allowance for credit losses with a corresponding increase to the loan’s amortized cost. | •Required effective date: January 1, 2027.(a)•Requires adoption on a prospective basis.•The Firm is evaluating the potential impact on the Consolidated Financial Statements, as well as the Firm’s planned date of adoption. |
| Derivatives and Hedging: Hedge Accounting ImprovementsIssued November 2025 | •Amends the hedge accounting guidance to allow different risks to be pooled in the same portfolio for cash flow hedging, if the hedging instrument is highly effective against each hedged risk in the portfolio.•Provides greater flexibility and expands eligibility for hedge accounting, including hedges of variable rate borrowings, nonfinancial transactions, net investment hedges and hedges involving the use of written options. | •Required effective date: January 1, 2027.(a)•Requires adoption on a prospective basis.•The Firm is evaluating the potential impact on the Consolidated Financial Statements, as well as the Firm’s planned date of adoption. |
|---|---|---|
| Environmental Credits and Environmental Credit ObligationsIssued May 2026 | •Establishes recognition, measurement, presentation and disclosure requirements for environmental credits (“ECs”) and compliance obligations that may be settled with ECs (EC obligations or “ECOs”).•ECs are recognized and measured based on their intended use. ECs used to settle ECOs are recognized as assets at cost, whereas ECs held for sale or exchange are measured at cost less impairment, unless fair value measurement is elected with changes recognized in earnings. ECs acquired to meet voluntary environmental initiatives are expensed as incurred. ECOs are measured based on the cost of ECs acquired to settle the ECO or the fair value of ECs needed for settlement, if not yet acquired. | •Required effective date: January 1, 2028.(a)•Requires adoption on a retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption.•The Firm is evaluating the potential impact on the Consolidated Financial Statements, as well as the Firm’s planned date of adoption. |
| Fair Value Measurement: Investment Companies with Equity Securities Subject to Contractual Sale RestrictionsIssued September 2026 | •Requires investment companies to consider the effect of a contractual sale restriction when measuring an equity security’s fair value and to disclose the amount of the discount attributable to the contractual sale restriction. | •Required effective date: January 1, 2028.(a)•Requires adoption on a prospective basis.•The Firm does not expect the new guidance to have a material impact on the Consolidated Financial Statements, and is evaluating the planned date of adoption. |
(a)Early adoption is permitted.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.