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Consolidated Statement of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Noninterest Income        
Trust, Investment and Other Servicing Fees $ 749.1 $ 718.2 $ 2,233.4 $ 2,104.6
Foreign Exchange Trading Income 62.9 46.4 209.3 149.4
Treasury Management Fees 16.1 16.4 48.5 49.8
Security Commissions and Trading Income 20.4 14.2 60.2 46.7
Other Operating Income 38.1 34.1 214.1 112.3
Investment Security Gains (Losses), net (Note) 0.0 0.3 (0.3) (3.3)
Total Noninterest Income 886.6 829.6 2,765.2 2,459.5
Net Interest Income        
Interest Income 305.7 293.8 893.3 883.0
Interest Expense 36.8 44.5 112.6 141.4
Net Interest Income 268.9 249.3 780.7 741.6
Provision for Credit Losses (10.0) 0.0 (24.5) 3.0
Net Interest Income after Provision for Credit Losses 278.9 249.3 805.2 738.6
Noninterest Expense        
Compensation 361.6 348.0 1,077.8 1,062.2
Employee Benefits 69.8 70.6 215.9 206.0
Outside Services 158.3 142.4 440.6 431.4
Equipment and Software 113.6 100.5 338.3 317.9
Occupancy 43.7 43.8 129.7 135.2
Other Operating Expense 65.3 69.4 253.5 201.0
Total Noninterest Expense 812.3 774.7 2,455.8 2,353.7
Income before Income Taxes 353.2 304.2 1,114.6 844.4
Provision for Income Taxes 118.6 99.7 380.1 276.6
Net Income 234.6 204.5 734.5 567.8
Preferred Stock Dividends 5.8 0.0 17.5 0.0
Net Income Applicable to Common Stock $ 228.8 $ 204.5 $ 717.0 $ 567.8
Per Common Share        
Net Income — Basic $ 0.97 $ 0.85 $ 3.03 $ 2.36
Net Income - Diluted $ 0.96 $ 0.84 $ 3.00 $ 2.34
Average Number of Common Shares Outstanding — Basic 232,231,720 235,701,076 232,916,425 236,301,789
Average Number of Common Shares Outstanding - Diluted 234,163,190 237,737,129 234,890,782 238,175,696