XML 22 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Noninterest Income    
Trust, Investment and Other Servicing Fees $ 808.2 $ 748.2
Foreign Exchange Trading Income 48.1 60.5
Treasury Management Fees 14.7 16.2
Security Commissions and Trading Income 20.5 18.9
Other Operating Income 39.7 38.1
Investment Security Gains (Losses), net (Note) (0.3) 0.3
Total Noninterest Income 930.9 882.2
Net Interest Income    
Interest Income 410.3 352.0
Interest Expense 56.8 44.2
Net Interest Income 353.5 307.8
Provision for Credit Losses (1.0) 2.0
Net Interest Income after Provision for Credit Losses 354.5 305.8
Noninterest Expense    
Compensation 425.8 378.8
Employee Benefits 77.8 70.6
Outside Services 153.1 149.9
Equipment and Software 127.3 114.2
Occupancy 45.4 40.9
Other Operating Expense 65.1 74.4
Total Noninterest Expense 894.5 828.8
Income before Income Taxes 390.9 359.2
Provision for Income Taxes 114.8 113.8
Net Income 276.1 245.4
Preferred Stock Dividends 20.7 5.9
Net Income Applicable to Common Stock $ 255.4 $ 239.5
Per Common Share    
Net Income — Basic (in dollars per share) $ 1.10 $ 1.03
Net Income - Diluted (in dollars per share) $ 1.09 $ 1.03
Average number of common shares outstanding    
Basic (in shares) 229,059,540 228,619,089
Diluted (in shares) 230,630,876 229,797,945
Changes in Other-Than-Temporary-Impairment (OTTI) Losses $ (0.1) $ 0.0
Other Security Gains (Losses), net (0.2) 0.3
Investment Security Gains (Losses), net $ (0.3) $ 0.3