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Interim Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income before noncontrolling interests $ 381,438,000 $ 628,183,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 309,961,000 52,497,000
Gains on investment securities, net (80,923,000) (76,726,000)
Distributions of earnings from non-marketable and other equity securities 49,125,000 40,584,000
Depreciation and amortization 49,650,000 40,824,000
Amortization of premiums and discounts on investment securities, net 29,633,000 4,993,000
Amortization of share-based compensation 39,325,000 31,768,000
Amortization of deferred loan fees (78,042,000) (76,712,000)
Deferred income tax benefit (72,755,000) (3,854,000)
Excess tax benefit from exercise of stock options and vesting of restricted shares (2,181,000) (7,369,000)
Losses from the write-off of premises and equipment 0 185,000
Changes in other assets and liabilities:    
Accrued interest receivable and payable, net 16,606,000 (3,850,000)
Accounts receivable and payable, net 2,770,000 22,308,000
Income tax receivable and payable, net 131,253,000 (87,097,000)
Accrued compensation (115,203,000) (175,469,000)
Foreign exchange spot contracts, net (5,900,000) 108,307,000
Proceeds from termination of interest rate swaps 227,500,000 0
Other, net (98,635,000) (37,218,000)
Net cash provided by operating activities 745,478,000 450,571,000
Cash flows from investing activities:    
Purchases of available-for-sale securities (8,071,014,000) (2,553,326,000)
Proceeds from sales of available-for-sale securities 2,654,212,000 2,189,087,000
Proceeds from maturities and paydowns of available-for-sale securities 1,550,220,000 382,054,000
Purchases of held-to-maturity securities (568,002,000) (277,889,000)
Proceeds from maturities and paydowns of held-to-maturity securities 1,543,942,000 888,943,000
Purchases of non-marketable and other equity securities (118,737,000) (39,287,000)
Proceeds from sales and distributions of capital of non-marketable and other securities 57,745,000 59,187,000
Net increase in loans (3,530,020,000) (844,830,000)
Purchases of premises and equipment (51,214,000) (18,632,000)
Acquisition of SVB Leerink, net of cash acquired 0 (102,328,000)
Net cash used for investing activities (6,532,868,000) (317,021,000)
Cash flows from financing activities:    
Net increase in deposits 12,747,957,000 6,281,640,000
Net increase (decrease) in short-term borrowings 33,494,000 (607,160,000)
Proceeds from issuance of 3.125% Senior Notes 495,024,000 0
(Distributions to noncontrolling interests), net of contributions from noncontrolling interests (14,120,000) (23,222,000)
Payment of preferred stock dividend (7,963,000) 0
Common stock repurchases (60,020,000) (346,781,000)
Proceeds from issuance of common stock, ESPP and ESOP, net of restricted stock awards 13,341,000 11,359,000
Net cash provided by financing activities 13,207,713,000 5,315,836,000
Net increase in cash and cash equivalents 7,420,323,000 5,449,386,000
Cash and cash equivalents at beginning of period 6,781,783,000 3,571,539,000
Cash and cash equivalents at end of period 14,202,106,000 9,020,925,000
Cash paid during the period for:    
Interest 67,493,000 94,851,000
Income taxes 57,539,000 310,604,000
Noncash items during the period:    
Changes in unrealized gains and losses on available-for-sale securities, net of tax 382,707,000 122,597,000
Distributions of stock from investments 11,093,000 6,747,000
Equity warrant assets    
Changes in fair values of derivatives, net 20,632,000 (825,000)
Derivative    
Changes in fair values of derivatives, net $ (58,776,000) $ (9,958,000)