Dear Texas
We’re so proud to serve you. Recently, in my annual letter to shareholders around the globe, I reflected on why Texas is an economic powerhouse and so important to our firm’s success.
The answer is simple: Texas values free enterprise and is open for business. It’s our role to help clients, customers, communities and employees – from Dallas to Austin and Houston to El Paso – grow and thrive.
Building on 150+ years of doing business in Texas, JPMorganChase continues to: • Finance businesses of all sizes. We provide billions of dollars in credit and capital to hundreds of thousands of small, mid-size and large companies in industries such as oil and gas, technology, media and telecommunications. • Help vital institutions serve local communities. We serve over 400 government, education, health care and nonprofit clients. • Create well-paying jobs and career pathways. JPMorganChase has more employees in Texas than any other state in the country. • Expand access to banking. We have over 480 branches across Texas. In 2024 alone, we provided more than 325,000 hours of advice and support—including to small businesses. • Fortify local financial institutions. We bank more than 80 regional, mid-sized and community banks in Texas, which play an essential role in helping serve local communities. Thank you for being a home to our employees, business and future growth. I encourage you to read my full letter to learn more about how we power economic growth and create opportunities across Texas, the United States and the world.
31,500 Local employees
8.5M Texan customers
Jamie Dimon Chairman and CEO, JPMorganChase
783,000 Small business clients
$100M In philanthropic capital between 2019 and 2024
©2025 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A., Member FDIC.
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