Attached files
| file | filename |
|---|---|
| EX-12.2 - RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDEND REQUIREMENTS - 2Q17 - JPMORGAN CHASE & CO | a2q17erfexhibit122.htm |
| EX-99.2 - EARNINGS RELEASE FINANCIAL SUPPLEMENT - 2Q17 - JPMORGAN CHASE & CO | a2q17erfexhibit992suppleme.htm |
| EX-99.1 - EXHIBIT 99.1 - JPMORGAN CHASE & CO | a2q17erfexhibit991narrative.htm |
| 8-K - 8-K - JPMORGAN CHASE & CO | a2q17erf8kcover.htm |
EXHIBIT 12.1
JPMorgan Chase & Co.
Computation of Ratio of Earnings to Fixed Charges
Six Months ended June 30, (in millions, except ratios) | 2017 | ||
Excluding interest on deposits | |||
Income before income tax expense | $ | 18,090 | |
Fixed charges: | |||
Interest expense | 5,308 | ||
One-third of rents, net of income from subleases (a) | 263 | ||
Total fixed charges | 5,571 | ||
Add: Equity in undistributed income of affiliates | 376 | ||
Income before income tax expense and fixed charges, excluding capitalized interest | $ | 24,037 | |
Fixed charges, as above | $ | 5,571 | |
Ratio of earnings to fixed charges | 4.31 | ||
Including interest on deposits | |||
Fixed charges, as above | $ | 5,571 | |
Add: Interest on deposits | 1,112 | ||
Total fixed charges and interest on deposits | $ | 6,683 | |
Income before income tax expense and fixed charges, excluding capitalized interest, as above | $ | 24,037 | |
Add: Interest on deposits | 1,112 | ||
Total income before income tax expense, fixed charges and interest on deposits | $ | 25,149 | |
Ratio of earnings to fixed charges | 3.76 | ||
(a) | The proportion deemed representative of the interest factor. |