Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 79,826.0 | 59,130.0 | 59,290.0 | 68,583.0 | 66,037.0 | 63,735.0 | 61,040.0 | 62,226.0 |
Interest income on investments | | | | | | 3,415.0 | 3,855.0 | 4,794.0 |
| 83,458.0 | 61,527.0 | 62,340.0 | 72,895.0 | 70,054.0 | 67,807.0 | 65,165.0 | 67,090.0 |
Total interest expense | -65,453.0 | -43,947.0 | -49,569.0 | -61,047.0 | -58,033.0 | -53,643.0 | -50,786.0 | -52,144.0 |
Net interest income | 18,005.0 | 17,580.0 | 12,771.0 | 11,848.0 | 12,021.0 | 14,164.0 | 14,379.0 | 14,946.0 |
Provision for loan losses | -1,841.0 | 1,041.0 | -1,452.0 | 746.0 | 736.0 | 84.0 | 803.0 | 2,665.0 |
Net interest income after provision for loan losses | 19,846.0 | 16,539.0 | 14,223.0 | 11,102.0 | 11,285.0 | 14,080.0 | 13,576.0 | 12,281.0 |
Gain on sale of investments, net | 1,969.0 | 2,746.0 | 1,813.0 | 818.0 | 1,921.0 | 1,160.0 | -269.0 | -292.0 |
Other non-interest income | 1,290.0 | 1,625.0 | 2,075.0 | 1,412.0 | 1,628.0 | 5,733.0 | 769.0 | -3,307.0 |
Total non-interest income | 3,259.0 | 4,371.0 | 3,888.0 | 2,230.0 | 3,549.0 | 6,893.0 | 500.0 | -3,599.0 |
Non-interest expenses | -7,819.0 | -7,793.0 | -5,978.0 | -5,775.0 | -4,832.0 | -4,307.0 | -4,043.0 | -4,738.0 |
Equity in earnings | | | | | | | | 508.0 |
Pre-tax income before non-recurring items | 11,511.0 | 15,222.0 | 9,229.0 | 9,049.0 | 11,474.0 | 16,834.0 | 11,639.0 | 9,274.0 |
Non-recurring items | -93.0 | 23.0 | | | | | | |
Pre-tax income | 11,604.0 | 15,199.0 | 9,229.0 | 9,049.0 | 11,474.0 | 16,834.0 | 11,639.0 | 9,274.0 |
Income taxes | 2,277.0 | 3,090.0 | 1,903.0 | 1,835.0 | 2,239.0 | 11,209.0 | 3,824.0 | -2,898.0 |
Tax rate | 19.6% | 20.3% | 20.6% | 20.3% | 19.5% | 66.6% | 32.9% | |
Net income | 342.0 | 489.0 | 35.0 | -573.0 | 3,612.0 | -3,244.0 | 97.0 | -23.0 |
Net margin | 1.5% | 2.3% | 0.2% | -4.3% | 24.3% | -15.5% | 0.7% | -0.3% |
|
Basic EPS | $0.11 | $0.15 | $0.01 | ($0.18) | $1.12 | ($1.00) | $0.03 | ($0.01) |
Diluted EPS | $0.11 | $0.15 | $0.01 | ($0.18) | $1.12 | ($1.00) | $0.03 | ($0.01) |
|
Shares outstanding (basic) | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,235.0 |
Shares outstanding (diluted) | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,234.0 | 3,235.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|