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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue      
Investment banking fees $ 6,448 $ 6,751 $ 6,542
Principal transactions 11,566 10,408 10,531
Lending- and deposit-related fees 5,774 5,694 5,801
Asset management, administration and commissions 14,591 15,509 15,931
Securities gains 141 202 77
Mortgage fees and related income 2,491 2,513 3,563
Card income 4,779 5,924 6,020
Other income 3,795 3,032 3,013
Noninterest revenue 49,585 50,033 51,478
Interest income 55,901 50,973 51,531
Interest expense 9,818 7,463 7,897
Net interest income 46,083 43,510 43,634
Total net revenue 95,668 93,543 95,112
Provision for credit losses 5,361 3,827 3,139
Noninterest expense      
Compensation expense 29,979 29,750 30,160
Occupancy expense 3,638 3,768 3,909
Technology, communications and equipment expense 6,846 6,193 5,804
Professional and outside services 6,655 7,002 7,705
Marketing 2,897 2,708 2,550
Other expense 5,756 9,593 11,146
Total noninterest expense 55,771 59,014 61,274
Income before income tax expense 34,536 30,702 30,699
Income tax expense 9,803 6,260 8,954
Net income 24,733 24,442 21,745
Net income applicable to common stockholders $ 22,583 $ 22,406 $ 20,077
Net income per common share data      
Basic earnings per share (in dollars per share) $ 6.24 $ 6.05 $ 5.33
Diluted earnings per share (in dollars per share) $ 6.19 $ 6.00 $ 5.29
Weighted-average basic shares (in shares) 3,618.5 3,700.4 3,763.5
Weighted-average diluted shares (in shares) 3,649.8 3,732.8 3,797.5
Cash dividends declared per common share (in dollars per share) $ 1.88 $ 1.72 $ 1.58