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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Investment banking fees $ 6,686 $ 13,216 $ 9,486
Principal transactions 19,912 16,304 18,021
Lending- and deposit-related fees 7,098 7,032 6,511
Asset management, administration and commissions 20,677 21,029 18,177
Investment securities gains/(losses) (2,380) (345) 802
Mortgage fees and related income 1,250 2,170 3,091
Card income 4,420 5,102 4,435
Other income 4,322 4,830 4,865
Noninterest revenue 61,985 69,338 65,388
Interest income 92,807 57,864 64,523
Interest expense 26,097 5,553 9,960
Net interest income 66,710 52,311 54,563
Total net revenue 128,695 121,649 119,951
Provision for credit losses 6,389 (9,256) 17,480
Noninterest expense      
Compensation expense 41,636 38,567 34,988
Occupancy expense 4,696 4,516 4,449
Technology, communications and equipment expense 9,358 9,941 10,338
Professional and outside services 10,174 9,814 8,464
Marketing 3,911 3,036 2,476
Other expense 6,365 5,469 5,941
Total noninterest expense 76,140 71,343 66,656
Income/(loss) before income tax expense/(benefit) 46,166 59,562 35,815
Income tax expense 8,490 11,228 6,684
Net income/(loss) 37,676 48,334 29,131
Basic net income applicable to common stockholders 35,892 46,503 27,410
Diluted net income applicable to common stockholders $ 35,892 $ 46,503 $ 27,410
Net income per common share data      
Basic earnings per share (in dollars per share) $ 12.10 $ 15.39 $ 8.89
Diluted earnings per share (in dollars per share) $ 12.09 $ 15.36 $ 8.88
Weighted-average basic shares (in shares) 2,965.8 3,021.5 3,082.4
Weighted-average diluted shares (in shares) 2,970.0 3,026.6 3,087.4