Quarterly report pursuant to Section 13 or 15(d)

Net Interest Income and Noninterest Income (Details)

v3.23.2
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income        
Loans and leases $ 13,970 $ 8,222 $ 27,067 $ 15,574
Debt securities 4,691 4,049 10,151 7,872
Federal funds sold and securities borrowed or purchased under agreements to resell 4,955 396 8,667 389
Trading account assets 2,076 1,223 4,104 2,304
Other interest income 6,662 1,085 11,020 1,730
Total interest income 32,354 14,975 61,009 27,869
Interest expense        
Deposits 5,785 320 10,099 484
Short-term borrowings 8,355 553 14,535 441
Trading account liabilities 472 370 976 734
Long-term debt 3,584 1,288 6,793 2,194
Total interest expense 18,196 2,531 32,403 3,853
Net interest income 14,158 12,444 28,606 24,016
Noninterest income        
Total fees and commissions 7,961 8,491 15,855 17,476
Market making and similar activities 3,697 2,717 8,409 5,955
Other income (loss) (619) (964) (1,415) (1,531)
Total noninterest income 11,039 10,244 22,849 21,900
Rewards, rebates and compensation expense 2,400 2,200 4,600 4,200
Card income        
Noninterest income        
Card income and service charges 1,546 1,555 3,015 2,958
Interchange fees        
Noninterest income        
Card income and service charges 1,023 1,072 1,979 2,007
Other card income        
Noninterest income        
Card income and service charges 523 483 1,036 951
Card Income, Interchange Fees and Merchant Income        
Noninterest income        
Interchange fees, gross and merchant income 3,400 3,300 6,600 6,200
Service charges        
Noninterest income        
Card income and service charges 1,364 1,717 2,774 3,550
Deposit-related fees        
Noninterest income        
Card income and service charges 1,045 1,417 2,142 2,947
Lending-related fees        
Noninterest income        
Card income and service charges 319 300 632 603
Investment and brokerage services        
Noninterest income        
Investment and brokerage services 3,839 4,091 7,691 8,383
Asset management fees        
Noninterest income        
Investment and brokerage services 2,969 3,102 5,887 6,388
Brokerage fees        
Noninterest income        
Investment and brokerage services 870 989 1,804 1,995
Total investment banking fees        
Noninterest income        
Investment banking fees 1,212 1,128 2,375 2,585
Underwriting income        
Noninterest income        
Investment banking fees 657 435 1,226 1,107
Syndication fees        
Noninterest income        
Investment banking fees 180 301 411 613
Financial advisory services        
Noninterest income        
Investment banking fees $ 375 $ 392 $ 738 $ 865