We’re pleased to share with you this year’s Letter to Shareholders from Jamie Dimon, Chief Executive Officer and Chairman of the Board of JPMorgan Chase & Co. The letter was released as part of the company’s 2018 Annual Report.

Jamie talks with candor and pride about what our company achieved during the past year and the opportunities ahead. He also offers his perspective on our role as a global bank, new firm-wide initiatives, expected marketplace and regulatory challenges, and innovations planned to enhance our service to our clients and our communities.

We thought you might want to see the letter and report for yourself. If you have any questions, please reach out to your J.P. Morgan advisor.

Photo of Jamie Dimon, Chief Executive Officer and Chairman of the Board of JPMorgan Chase & Co.

Dear Fellow Shareholders,

Once again, I begin this annual letter to shareholders with a sense of pride about our company and our hundreds of thousands of employees around the world. As I look back on the last decade—a period of profound political and economic change—it is remarkable how much we have accomplished, not only in terms of financial performance but in our steadfast dedication to help clients, communities and countries all around the world.

In 2018, we continued to accelerate investments in products, services and technology. For example, for the first time in nearly a decade, we extended our presence in several states with new Chase branches (we plan to open another 400 new branches in the next few years).

In addition, we:

  • Started a new digital investing platform: You Invest
  • Launched our partnership with Amazon and Berkshire Hathaway in healthcare
  • Broadened our commitment to create opportunities for jobs and prosperity and reduce the wealth gap for black Americans with Advancing Black Pathways (announced in February 2019)
  • Launched our AdvancingCities initiative to support job and wage growth in communities most in need of capital

While it is too soon to assess the impact of these efforts, we’re seeing terrific results so far…

To read the full Letter to Shareholders, click here.

For the 2018 Annual Report, click here.