JPMorgan Chase’s chief executive, Jamie Dimon, took home a total pay package of $43m last year, it has been disclosed.

Dimon’s total compensation rose 10% in 2025, according to a regulatory filing, cementing his status as one of the highest-paid bosses in corporate America.

Hours after Donald Trump sued JP Morgan and Dimon for at least $5bn, accusing America’s largest bank of “debanking” him, it heaped praise on its veteran boss.

Dimon’s vast compensation package for 2025 included a base salary of $1.5m and $41.5m in incentives.

Explaining the board’s approval of the arrangement, JP Morgan said: “The annual compensation for 2025 reflects Mr Dimon’s stewardship of the firm, with strong performance across our market-leading businesses and financial results, as well as a fortress balance sheet, and continues to demonstrate strong pay-for-performance alignment.”

Dimon, who has served as CEO of the banking giant since 2006, is one of the highest-profile corporate executives in the US – and widely seen as Wall Street’s chief ambassador to Washington, and the world.

Speculation about his future has long swirled. In 2024, having repeatedly suggested he had five years left at the top of JP Morgan, he told investors: “The timetable isn’t five years any more.”

In its latest pay report on Thursday, the bank said: “As part of their evaluation and determination, the board considered Mr Dimon’s continued development of top executives to lead for today and the future, his continued commitment to shareholders and his longstanding exemplary leadership of a premier financial services firm.”

Shares in JP Morgan, valued at some $830bn, closed up 0.4% in New York on Thursday. Earlier this month it disclosed net revenue of $45.8bn in the last quarter of 2025, up 7%, while profits slipped 7% to $13bn.