Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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| 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 |
| | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Interest income: | | | | | | | | |
| Loans | | 1,966.0 | 1,520.0 | 1,599.0 | 1,358.5 | 1,025.8 | 834.2 | 693.1 |
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| Investment securities: | | | | | | | | |
| Taxable | 2,113.0 | 1,199.0 | 635.0 | 569.0 | 541.6 | 412.1 | 346.9 | 344.6 |
| Non-taxable | | 106.0 | 61.0 | 45.0 | 34.6 | 5.7 | 2.2 | 2.9 |
| Federal funds sold, securities purchased under agreements to resell and other short-term investment securities | 212.0 | 18.0 | 26.0 | 97.0 | 35.2 | 21.5 | 10.1 | 6.1 |
| Total interest income | 5,673.0 | 3,289.0 | 2,242.0 | 2,310.0 | 1,969.9 | 1,465.1 | 1,193.4 | 1,046.8 |
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| Interest expense: | | | | | | | | |
| Deposits | | 62.0 | 60.0 | 178.0 | 29.3 | 8.7 | 5.6 | 5.4 |
| Borrowings | | 48.0 | 25.0 | 35.0 | 46.6 | 36.1 | 37.3 | 34.9 |
| Total interest expense | 1,188.0 | 110.0 | 85.0 | 213.0 | 75.9 | 44.8 | 42.9 | 40.3 |
| Net interest income | 4,485.0 | 3,179.0 | 2,157.0 | 2,097.0 | 1,894.0 | 1,420.4 | 1,150.5 | 1,006.4 |
| Provision for credit losses | | 123.0 | 220.0 | 107.0 | 87.9 | 92.3 | 106.7 | 95.7 |
| Net interest income after provision for credit losses | 4,065.0 | 3,056.0 | 1,937.0 | 1,990.0 | 1,806.1 | 1,328.1 | 1,043.8 | 910.7 |
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| Noninterest income: | | | | | | | | |
| Gains (losses) on investment securities, net | | 761.0 | 421.0 | 273.0 | 177.2 | 64.6 | 51.7 | 89.4 |
| Gains on equity warrant assets, net | | 560.0 | 237.0 | 138.0 | 89.1 | 54.6 | 37.9 | 71.0 |
| Client investment fees | 386.0 | 75.0 | 132.0 | 182.0 | 130.4 | 56.1 | 32.2 | |
| Wealth management and trust fees | 83.0 | 44.0 | | | | | | |
| Foreign exchange fees | 285.0 | 262.0 | 179.0 | 159.0 | 138.8 | 115.8 | 104.2 | 87.0 |
| Credit card fees | 150.0 | 131.0 | 98.0 | 119.0 | 94.1 | 76.5 | 68.2 | 56.7 |
| Deposit service charges | 126.0 | 112.0 | 90.0 | 89.0 | 76.1 | 58.7 | 52.5 | |
| Lending related fees | 94.0 | 76.0 | 57.0 | 50.0 | 41.9 | 43.3 | 33.4 | |
| Letters of credit and standby letters of credit fees | 57.0 | 51.0 | 47.0 | 43.0 | 34.6 | 28.5 | 25.6 | 20.9 |
| Other | | 128.0 | 98.0 | 55.0 | 51.9 | 59.1 | 50.8 | 47.0 |
| Total noninterest income | 150.0 | 2,738.0 | 1,840.0 | 1,221.0 | 745.0 | 557.2 | 456.6 | 472.8 |
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| Noninterest expense: | | | | | | | | |
| Compensation and benefits | | 2,015.0 | 1,318.0 | 990.0 | 727.0 | 606.4 | 514.3 | 473.8 |
| Professional services | | 392.0 | 247.0 | 205.0 | 158.8 | 121.9 | 95.0 | 82.8 |
| Premises and equipment | | 178.0 | 127.0 | 97.0 | 77.9 | 71.8 | 65.5 | 51.9 |
| Net occupancy | | 83.0 | 101.0 | 69.0 | 54.8 | 48.4 | 39.9 | 34.7 |
| Business development and travel | 85.0 | 24.0 | 24.0 | 69.0 | 48.2 | 42.0 | 40.1 | 39.5 |
| FDIC and state assessments | | 48.0 | 28.0 | 18.0 | 34.3 | 35.1 | 30.3 | 25.5 |
| Other | | 201.0 | 190.0 | 153.0 | 87.3 | 85.1 | 62.2 | 58.3 |
| Total noninterest expense | 3,621.0 | 3,070.0 | 2,035.0 | 1,601.0 | 1,188.2 | 1,010.7 | 859.8 | 780.0 |
| Income before income tax expense | | 2,724.0 | 1,742.0 | 1,610.0 | 1,362.9 | 874.6 | 640.6 | 603.6 |
| Income tax expense | 563.0 | 651.0 | 448.0 | 425.0 | 351.6 | 355.5 | 250.3 | 228.8 |
| Net income before noncontrolling interests and dividends | | 2,073.0 | 1,294.0 | 1,185.0 | 1,011.3 | 519.2 | 390.3 | 374.8 |
| Net (income) loss attributable to noncontrolling interests | | -240.0 | -86.0 | -48.0 | -37.5 | -28.7 | -7.6 | -30.9 |
| Net income available to common stockholders | 1,509.0 | 1,770.0 | 1,191.0 | 1,137.0 | 973.8 | 490.5 | 382.7 | 343.9 |
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| Earnings per common share—basic (dollars per share) | $25.58 | $31.74 | $23.05 | $21.90 | $18.35 | $9.33 | $7.37 | $6.70 |
| Earnings per common share—diluted (dollars per share) | $25.35 | $31.25 | $22.87 | $21.73 | $18.11 | $9.20 | $7.31 | $6.62 |
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