Interest income | |
Loans and leases | |
Debt securities | |
Federal funds sold and securities borrowed or purchased under agreements to resell | 267M |
Trading account assets | 1.08B |
Other interest income | 765M |
Total interest income | 12.61B |
Interest expense | |
Deposits | 266M |
Short-term borrowings | 569M |
Trading account liabilities | 244M |
Long-term debt | 1.33B |
Total interest expense | 2.41B |
Net interest income | 10.2B |
Noninterest income | |
Card income | |
Service charges | 1.95B |
Investment and brokerage services | |
Investment banking income | |
Equity investment income | |
Trading account profits | 2.14B |
Mortgage banking income (loss) | 589M |
Insurance income | |
Gains on sales of debt securities | |
Other income | 628M |
Other-than-temporary impairment losses on available-for-sale debt securities: | |
Total other-than-temporary impairment losses | |
Less: Portion of other-than-temporary impairment losses recognized in other comprehensive income | |
Net impairment losses recognized in earnings on available-for-sale debt securities | |
Total noninterest income | 11.43B |
Total revenue, net of interest expense | 21.64B |
Provision for credit losses | 850M |
Noninterest expense | |
Personnel | 7.7B |
Occupancy | 1.01B |
Equipment | 443M |
Marketing | 410M |
Professional fees | 536M |
Amortization of intangibles | 181M |
Data processing | 685M |
Telecommunications | 189M |
Other general operating | 2.33B |
Goodwill impairment | |
Merger and restructuring charges | |
Total noninterest expense | 13.48B |
Income before income taxes | |
Income tax expense | 2.35B |
Net income | 4.96B |
Preferred stock dividends | |
Net income applicable to common shareholders | 4.45B |
Per common share information | |
Earnings | 0.43 |
Diluted earnings | 0.41 |
Dividends paid | 0.08 |
Average common shares issued and outstanding (in thousands) | 10.25B |
Average diluted common shares issued and outstanding (in thousands) | 11B |