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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Noninterest Income    
Trust, Investment and Other Servicing Fees $ 1,168.4 $ 1,063.7
Foreign Exchange Trading Income 80.9 78.7
Treasury Management Fees 11.1 11.2
Security Commissions and Trading Income 36.2 34.8
Other Operating Income 41.1 54.9
Investment Security Gains (Losses), net 0.0 0.0
Total Noninterest Income 1,337.7 1,243.3
Net Interest Income    
Interest Income 383.5 349.9
Interest Expense 2.5 9.8
Net Interest Income 381.0 340.1
Provision for Credit Losses 2.0 (30.0)
Net Interest Income after Provision for Credit Losses 379.0 370.1
Noninterest Expense    
Compensation 563.9 518.5
Employee Benefits 104.3 103.4
Outside Services 213.4 196.4
Equipment and Software 193.5 176.7
Occupancy 51.1 50.8
Other Operating Expense 79.7 71.7
Total Noninterest Expense 1,205.9 1,117.5
Income before Income Taxes 510.8 495.9
Provision for Income Taxes 121.5 120.8
Net Income 389.3 375.1
Preferred Stock Dividends 16.2 16.2
Net Income Applicable to Common Stock $ 373.1 $ 358.9
Per Common Share    
Net Income — Basic (in dollars per share) $ 1.78 $ 1.71
Net Income - Diluted (in dollars per share) $ 1.77 $ 1.70
Average Number of Common Shares Outstanding    
Basic (in shares) 208,024,962 208,112,824
Diluted (in shares) 208,809,133 208,946,448