December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2% Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%
December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2% Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Hello-
Please help me to find the Acid Test Ratio for JPMorgan Chase.
I have attached the Financial Statement pages
Transcribed Image Text:December 31, (in millions)
2019
Change
2018
Assets
Cash and due from banks
Deposits with banks
Federal funds sold and securities purchased under resale agreements
21,704
22,324
(3)%
241,927
256,469
(6)
249,157
321,588
(23)
Securities borrowed
139,758
111,995
25
Trading assets
411,103
413,714
(1)
Investment securities
398,239
261,828
52
Loans
959,769
984,554
(3)
Allowance for loan losses
(13,123)
(13,445)
(2)
Loans, net of allowance for loan losses
Accrued interest and accounts receivable
Premises and equipment
946,646
971,109
(3)
72,861
73,200
25,813
14,934
73
Goodwill, MSRS and other intangible assets
53,341
54,349
(2)
Other assets
121,022
126,830
Total assets
2,687,379
2,622,532
2%
Transcribed Image Text:Selected Consolidated balance sheets data
December 31, (in millions)
2019
2018
Change
Liabilities
2$
1,470,666
Deposits
Federal funds purchased and securities loaned or sold under repurchase agreements
Short-term borrowings
Trading liabilities
1,562,431
183,675
182,320
40,920
69,276
(41)
144,773
119,277
(18)
Accounts payable and other liabilities
Beneficial interests issued by consolidated variable interest entities ("VIES")
210,407
196,710
17,841
20,241
(12)
291,498
Long-term debt
Total liabilities
282,031
2,426,049
2,366,017
Stockholders' equity
261,330
256,515
Total liabilities and stockholders' equity
2,687,379
2,622,532
2%
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