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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Noninterest Income      
Trust, Investment and Other Servicing Fees $ 4,727.8 $ 4,361.8 $ 4,432.6
Foreign Exchange Trading Income 231.2 203.9 288.6
Treasury Management Fees 35.7 31.6 39.3
Security Commissions and Trading Income 150.5 135.0 136.2
Other Operating Income 1,157.4 228.7 191.3
Investment Security Gains (Losses), net (189.3) (169.5) (214.0)
Total Noninterest Income 6,113.3 4,791.5 4,874.0
Net Interest Income      
Interest Income 9,762.3 7,325.0 2,877.7
Interest Expense 7,585.2 5,343.0 990.5
Net Interest Income 2,177.1 1,982.0 1,887.2
Provision for Credit Losses (3.0) 24.5 12.0
Net Interest Income after Provision for Credit Losses 2,180.1 1,957.5 1,875.2
Noninterest Expense      
Compensation 2,471.1 2,321.8 2,248.0
Employee Benefits 417.8 405.2 437.4
Outside Services 998.0 906.5 880.3
Equipment and Software 1,075.0 945.5 838.8
Occupancy 216.8 232.3 219.1
Other Operating Expense 455.2 472.9 359.3
Total Noninterest Expense 5,633.9 5,284.2 4,982.9
Income before Income Taxes 2,659.5 1,464.8 1,766.3
Provision for Income Taxes 628.4 357.5 430.3
NET INCOME 2,031.1 1,107.3 1,336.0
Preferred Stock Dividends 41.8 41.8 41.8
Net Income Applicable to Common Stock $ 1,989.3 $ 1,065.5 $ 1,294.2
PER COMMON SHARE      
Net Income - Basic (in dollars per share) $ 9.80 $ 5.09 $ 6.16
Net Income - Diluted (in dollars per share) $ 9.77 $ 5.08 $ 6.14
Average Number of Common Shares Outstanding - Basic (in shares) 201,263,646 207,248,094 208,309,331
Average Number of Common Shares Outstanding - Diluted (in shares) 201,870,105 207,563,746 208,867,264