Business Segments (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment results and reconciliation

Segment results and reconciliation

As of or for the year ended December 31, (in millions, except ratios)	Consumer & Community Banking									Corporate & Investment Bank									Commercial Banking									Asset & Wealth Management
	2016			2015			2014			2016			2015			2014			2016			2015			2014			2016			2015			2014
Noninterest revenue	$	15,255		$	15,592		$	15,937		$	24,325		$	23,693		$	23,420		$	2,320		$	2,365		$	2,349		$	9,012		$	9,563		$	9,588
Net interest income	29,660			28,228			28,431			10,891			9,849			11,175			5,133			4,520			4,533			3,033			2,556			2,440
Total net revenue	44,915			43,820			44,368			35,216			33,542			34,595			7,453			6,885			6,882			12,045			12,119			12,028
Provision for credit losses	4,494			3,059			3,520			563			332			(161		)	282			442			(189		)	26			4			4
Noninterest expense	24,905			24,909			25,609			18,992			21,361			23,273			2,934			2,881			2,695			8,478			8,886			8,538
Income/(loss) before income tax expense/(benefit)	15,516			15,852			15,239			15,661			11,849			11,483			4,237			3,562			4,376			3,541			3,229			3,486
Income tax expense/(benefit)	5,802			6,063			6,054			4,846			3,759			4,575			1,580			1,371			1,741			1,290			1,294			1,333
Net income/(loss)	$	9,714		$	9,789		$	9,185		$	10,815		$	8,090		$	6,908		$	2,657		$	2,191		$	2,635		$	2,251		$	1,935		$	2,153
Average common equity	$	51,000		$	51,000		$	51,000		$	64,000		$	62,000		$	61,000		$	16,000		$	14,000		$	14,000		$	9,000		$	9,000		$	9,000
Total assets	535,310			502,652			455,634			803,511			748,691			861,466			214,341			200,700			195,267			138,384			131,451			128,701
Return on common equity	18		%	18		%	18		%	16		%	12		%	10		%	16		%	15		%	18		%	24		%	21		%	23		%
Overhead ratio	55			57			58			54			64			67			39			42			39			70			73			71

(table continued from above)
As of or for the year ended December 31, (in millions, except ratios)	Corporate									Reconciling Items(a)									Total
	2016			2015			2014			2016			2015			2014			2016			2015			2014
Noninterest revenue	$	938		$	800		$	1,972		$	(2,265	)	$	(1,980	)	$	(1,788	)	$	49,585		$	50,033		$	51,478
Net interest income	(1,425		)	(533		)	(1,960		)	(1,209		)	(1,110		)	(985		)	46,083			43,510			43,634
Total net revenue	(487		)	267			12			(3,474		)	(3,090		)	(2,773		)	95,668			93,543			95,112
Provision for credit losses	(4		)	(10		)	(35		)	—			—			—			5,361			3,827			3,139
Noninterest expense	462			977			1,159			—			—			—			55,771			59,014			61,274
Income/(loss) before income tax expense/(benefit)	(945		)	(700		)	(1,112		)	(3,474		)	(3,090		)	(2,773		)	34,536			30,702			30,699
Income tax expense/(benefit)	(241		)	(3,137		)	(1,976		)	(3,474		)	(3,090		)	(2,773		)	9,803			6,260			8,954
Net income/(loss)	$	(704	)	$	2,437		$	864		$	—		$	—		$	—		$	24,733		$	24,442		$	21,745
Average common equity	$	84,631		$	79,690		$	72,400		$	—		$	—		$	—		$	224,631		$	215,690		$	207,400
Total assets	799,426			768,204			931,206			NA			NA			NA			2,490,972			2,351,698			2,572,274
Return on common equity	NM			NM			NM			NM			NM			NM			10		%	11		%	10		%
Overhead ratio	NM			NM			NM			NM			NM			NM			58			63			64

(a) Segment managed results reflect revenue on a FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results.