Quarterly report pursuant to Section 13 or 15(d)

Net Interest Income and Noninterest Income (Details)

v3.20.2
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income        
Loans and leases $ 7,894 $ 10,894 $ 26,426 $ 32,721
Debt securities 2,130 2,829 7,413 8,965
Federal funds sold and securities borrowed or purchased under agreements to resell 55 1,242 900 3,746
Trading account assets 948 1,319 3,203 3,962
Other interest income 459 1,632 2,182 4,916
Total interest income 11,486 17,916 40,124 54,310
Interest expense        
Deposits 227 1,880 1,784 5,640
Short-term borrowings (24) 1,876 1,024 5,725
Trading account liabilities 212 303 764 967
Long-term debt 942 1,670 3,445 5,227
Total interest expense 1,357 5,729 7,017 17,559
Net interest income 10,129 12,187 33,107 36,751
Noninterest income        
Total fees and commissions 8,777 8,467 25,490 24,495
Market making and similar activities 1,689 2,118 6,983 7,267
Other income (259) 35 (151) 382
Total noninterest income 10,207 10,620 32,322 32,144
Rewards, rebates and compensation expense (1,400) (1,600) (4,100) (4,600)
Card income        
Noninterest income        
Card income and service charges 1,568 1,465 4,089 4,286
Interchange fees        
Noninterest income        
Card income and service charges 1,172 963 2,794 2,827
Interchange fees, gross 2,400 2,600 6,700 7,400
Other card income        
Noninterest income        
Card income and service charges 396 502 1,295 1,459
Service charges        
Noninterest income        
Card income and service charges 1,817 1,975 5,282 5,717
Deposit-related fees        
Noninterest income        
Card income and service charges 1,515 1,690 4,441 4,908
Lending-related fees        
Noninterest income        
Card income and service charges 302 285 841 809
Investment and brokerage services        
Noninterest income        
Investment and brokerage services 3,623 3,494 10,803 10,324
Asset management fees        
Noninterest income        
Investment and brokerage services 2,740 2,597 7,905 7,591
Brokerage fees        
Noninterest income        
Investment and brokerage services 883 897 2,898 2,733
Total investment banking fees        
Noninterest income        
Investment banking fees 1,769 1,533 5,316 4,168
Underwriting income        
Noninterest income        
Investment banking fees 1,239 740 3,610 2,198
Syndication fees        
Noninterest income        
Investment banking fees 133 341 634 887
Financial advisory services        
Noninterest income        
Investment banking fees $ 397 $ 452 $ 1,072 $ 1,083