XML 19 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue    
Investment banking fees $ 1,649 $ 2,008
Principal transactions 7,615 5,105
Lending- and deposit-related fees 1,620 1,839
Asset management fees 3,465 3,652
Commissions and other fees 1,695 1,710
Investment securities losses (868) (394)
Mortgage fees and related income 221 460
Card income 1,234 975
Other income 1,007 1,490
Noninterest revenue 17,638 16,845
Interest income 37,004 15,496
Interest expense 16,293 1,624
Net interest income 20,711 13,872
Total net revenue 38,349 30,717
Provision for credit losses 2,275 1,463
Noninterest expense    
Compensation expense 11,676 10,787
Occupancy expense 1,115 1,134
Technology, communications and equipment expense 2,184 2,360
Professional and outside services 2,448 2,572
Marketing 1,045 920
Other expense 1,639 1,418
Total noninterest expense 20,107 19,191
Income before income tax expense 15,967 10,063
Income tax expense 3,345 1,781
Net income 12,622 8,282
Net income applicable to common stockholders 12,193 7,845
Net income applicable to common stockholders $ 12,193 $ 7,845
Net income per common share data    
Basic earnings per share (in dollars per share) $ 4.11 $ 2.64
Diluted earnings per share (in dollars per share) $ 4.10 $ 2.63
Weighted-average basic shares (in shares) 2,968.5 2,977.0
Weighted-average diluted shares (in shares) 2,972.7 2,981.0