Revenue: | |
Operating interest income | |
Operating interest expense | |
Net operating interest income | |
Commissions | 107M |
Fees and service charges | 68M |
Principal transactions | |
Gains on loans and securities, net | |
Other-than-temporary impairment (OTTI) | |
Less: noncredit portion of OTTI recognized into (out of) other comprehensive income (before tax) | |
Net impairment | |
Other revenues | 10M |
Total non-interest income | |
Total net revenue | |
Provision for loan losses | -62M |
Operating expense: | |
Compensation and benefits | 123M |
Clearing and servicing | 26M |
Advertising and market development | 27M |
Professional services | 26M |
FDIC insurance premiums | 6M |
Communications | 22M |
Occupancy and equipment | 24M |
Depreciation and amortization | 20M |
Amortization of other intangibles | 5M |
Facility restructuring and other exit activities | 25M |
Other operating expenses | 19M |
Total operating expense | 323M |
Income before other income (expense) and income tax expense (benefit) | |
Other income (expense): | |
Corporate interest income | |
Corporate interest expense | |
Gains on sales of investments, net | |
Gains on early extinguishment of debt | 0 |
Equity in income (loss) of investments and venture funds | |
Total other income (expense) | |
Income (loss) before income tax expense (benefit) | 225M |
Income tax expense (benefit) | 86M |
Net income (loss) | 139M |
Basic earnings (loss) per share | 0.51 |
Diluted earnings (loss) per share | 0.51 |
Shares used in computation of per share data: | |
Basic | 274.36M |
Diluted | 275.47M |