JPMorgan Chase Financial Co. LLC has announced the filing of a preliminary pricing supplement for Auto Callable Contingent Interest Notes linked to the Nasdaq-100 Index, Russell 2000 Index, and S&P 500 Index. This filing, dated November 9, 2026, represents a strategic effort by the company to attract investors interested in structured investment products.

The notes are designed for investors seeking a contingent interest payment based on the performance of these major stock indices. The filing indicates that if the closing level of each index remains above a specified threshold, investors may receive monthly interest payments. However, if the indices fall below this threshold, no interest payment will be made for that period.

Background

JPMorgan Chase Financial Co. LLC, classified under the National Commercial Banks category (SIC 6021), is a finance subsidiary of JPMorgan Chase & Co. The company is incorporated in Delaware and maintains its business address at 383 Madison Avenue, New York, NY. The firm primarily engages in structured investments, providing various financial products to meet investor needs.

Recent filings from the company include several preliminary pricing supplements, all submitted on November 9, 2026, indicating a robust strategy in structured finance offerings. These filings reflect the company's commitment to expanding its product suite in a competitive financial landscape.

What the Filing Says

The preliminary pricing supplement outlines key features of the Auto Callable Contingent Interest Notes. The notes will have a maturity date of November 29, 2028, and are fully guaranteed by JPMorgan Chase & Co. The filing states:

"The notes are designed for investors who seek a Contingent Interest Payment with respect to each monthly Interest Review Date for which the closing level of each of the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index is greater than or equal to 70.00% of its Initial Value."

Investors are cautioned that the notes are unsecured obligations of JPMorgan Chase Financial Co. LLC, and any payments are subject to the credit risk of both the issuer and the guarantor.

Impact

This filing may affect a wide range of stakeholders, including potential investors looking for structured investment opportunities, as well as competitors in the national commercial banking sector. The introduction of these notes could intensify competition among banks offering similar products, as firms strive to attract investors seeking higher yields amid fluctuating market conditions.

What's Next

The notes are expected to price on or about November 24, 2026, with settlement anticipated on or about November 30, 2026. Further details regarding the pricing and terms will be provided in subsequent filings.

For more information, the filing can be accessed through the SEC under accession number 0001918704-26-035034.