Overview Financials News + Filings Key Docs Charts Ownership Insiders
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In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K |
Revenue: | | | | | | | | |
Interest income | 2,111.0 | 2,009.0 | 1,571.0 | 1,233.0 | 1,215.0 | 1,279.0 | 1,207.0 | 1,371.0 |
Interest expense | -259.0 | -163.0 | -86.0 | -85.0 | -194.0 | -318.0 | 13.0 | 24.0 |
Net interest income | 1,852.0 | 1,846.0 | 1,485.0 | 1,148.0 | 1,021.0 | 961.0 | 1,220.0 | 1,395.0 |
Gains (losses) on securities and other, net | -23.0 | 53.0 | 28.0 | 42.0 | | | -3.0 | -17.0 |
Other revenue | 48.0 | 45.0 | 43.0 | 41.0 | 39.0 | 38.0 | 35.0 | 38.0 |
Total non-interest income | 1,034.0 | 1,027.0 | 881.0 | 793.0 | 1,022.0 | 743.0 | 754.0 | 815.0 |
Total net revenue | 2,886.0 | 2,873.0 | 2,366.0 | 1,941.0 | | | | |
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Provision (benefit) for credit losses | | | | | | | | |
Non-interest expense: | | | | | | | | |
Compensation and benefits | 670.0 | 621.0 | 546.0 | 501.0 | 466.0 | | | |
Advertising and market development | 196.0 | 200.0 | 166.0 | 131.0 | 124.0 | 120.0 | 108.0 | 139.0 |
Clearing and servicing | 133.0 | 126.0 | 124.0 | 105.0 | 95.0 | | | |
Professional services | 105.0 | 96.0 | 99.0 | 97.0 | 103.0 | | | |
Communications | 99.0 | 116.0 | 121.0 | 87.0 | 90.0 | 71.0 | 69.0 | 73.0 |
FDIC insurance premiums | 14.0 | 30.0 | 31.0 | 25.0 | 41.0 | 79.0 | 104.0 | 117.0 |
Amortization of other intangibles | 61.0 | 48.0 | 36.0 | 23.0 | 20.0 | 22.0 | 24.0 | 25.0 |
Restructuring and acquisition-related activities | 23.0 | 7.0 | 15.0 | 35.0 | 17.0 | 8.0 | 28.0 | 8.0 |
Other non-interest expenses | 94.0 | 77.0 | 76.0 | 71.0 | 82.0 | | | |
Total non-interest expense | 1,618.0 | 1,541.0 | 1,470.0 | 1,252.0 | 1,319.0 | 1,216.0 | 1,275.0 | 1,162.0 |
Income before income tax expense | 1,319.0 | 1,418.0 | 1,064.0 | 838.0 | 91.0 | | | |
Income tax expense | 364.0 | 366.0 | 450.0 | 286.0 | -177.0 | 159.0 | 109.0 | -18.0 |
Net income | 955.0 | 1,052.0 | 614.0 | 552.0 | 268.0 | 293.0 | 86.0 | -113.0 |
Preferred stock dividends | 40.0 | 36.0 | 25.0 | | | | | |
Net income available to common stockholders | 915.0 | 1,016.0 | 589.0 | 552.0 | 268.0 | | | |
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Basic earnings per common share (in dollars per share) | $3.86 | $3.90 | $2.16 | $1.99 | $0.92 | $1.02 | $0.30 | ($0.39) |
Diluted earnings per common share (in dollars per share) | $3.85 | $3.88 | $2.15 | $1.98 | $0.91 | $1.00 | $0.29 | ($0.39) |
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Basic (in thousands) | 237.4 | 260.6 | 273.2 | 277.8 | 290.8 | 288.7 | 287.0 | 285.7 |
Diluted (in thousands) | 237.9 | 261.7 | 274.4 | 279.0 | 295.0 | 294.1 | 292.6 | 285.7 |
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Disaggregation of Revenue [Table] | | | | | | | | |
Disaggregation of Revenue [Line Items] | | | | | | | | |
Non-interest Income | | | | | | | | |
Revenue | 2,886.0 | 2,873.0 | 2,366.0 | 1,941.0 | 1,370.0 | 1,704.0 | 1,723.0 | 1,900.0 |
Revenue growth | 0.5% | 21.4% | 21.9% | 41.7% | -19.6% | -1.1% | -9.3% | -6.7% |
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