Quarterly report pursuant to Section 13 or 15(d)

Noninterest Income (Tables)

v3.10.0.1
Noninterest Income (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The table below presents the Corporation’s noninterest income disaggregated by revenue source for the three and six months ended June 30, 2018 and 2017. For more information, see Note 1 – Summary of Significant Accounting Principles. For a disaggregation of noninterest income by business segment and All Other, see Note 17 – Business Segment Information.
 
 
 
 
 
 
 
Three Months Ended June 30
 
Six Months Ended June 30
(Dollars in millions)
2018
 
2017
 
2018
 
2017
Card income
 
 
 
 
 
 
 
Interchange fees (1)
$
1,070

 
$
983

 
$
2,041

 
$
1,941

Other card income
472

 
486

 
958

 
977

Total card income
1,542

 
1,469

 
2,999

 
2,918

Service charges
 
 
 
 
 
 
 
Deposit-related fees
1,680

 
1,696

 
3,326

 
3,349

Lending-related fees
274

 
281

 
549

 
546

Total service charges
1,954

 
1,977

 
3,875

 
3,895

Investment and brokerage services
 
 
 
 
 
 
 
Asset management fees
2,513

 
2,288

 
5,077

 
4,488

Brokerage fees
945

 
1,172

 
2,045

 
2,389

Total investment and brokerage services
3,458

 
3,460

 
7,122

 
6,877

Investment banking income
 
 
 
 
 
 
 
Underwriting income
719

 
709

 
1,460

 
1,488

Syndication fees
400

 
340

 
716

 
740

Financial advisory services
303

 
483

 
599

 
888

Total investment banking income
1,422

 
1,532

 
2,775

 
3,116

Trading account profits
2,315

 
1,956

 
5,014

 
4,287

Other income
268

 
1,449

 
691

 
1,940

Total noninterest income
$
10,959

 
$
11,843

 
$
22,476

 
$
23,033

(1) 
Gross interchange fees were $2.4 billion and $2.2 billion for the three months ended June 30, 2018 and 2017, and are presented net of $1.3 billion and $1.2 billion of expenses for rewards and partner payments. For the six months ended June 30, 2018 and 2017, gross interchange fees were $4.6 billion and $4.3 billion and are presented net of $2.6 billion and $2.3 billion of expenses for rewards and partner payments.