Annual report pursuant to Section 13 and 15(d)

Net Interest Income and Noninterest Income (Details)

v3.24.0.1
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income      
Loans and leases $ 57,124 $ 37,919 $ 29,282
Debt securities 20,226 17,127 12,376
Federal funds sold and securities borrowed or purchased under agreements to resell 18,679 4,560 (90)
Trading account assets 8,773 5,521 3,770
Other interest income 25,460 7,438 2,334
Total interest income 130,262 72,565 47,672
Interest expense      
Deposits 26,163 4,718 537
Short-term borrowings 30,553 6,978 (358)
Trading account liabilities 2,043 1,538 1,128
Long-term debt 14,572 6,869 3,431
Total interest expense 73,331 20,103 4,738
Net interest income 56,931 52,462 42,934
Noninterest income      
Total fees and commissions 32,009 33,212 39,299
Market making and similar activities 12,732 12,075 8,691
Other income (loss) (3,091) (2,799) (1,811)
Total noninterest income 41,650 42,488 46,179
Rewards, rebates and compensation expense 9,300 8,800 6,900
Card income      
Noninterest income      
Card income and service charges 6,054 6,083 6,218
Interchange fees      
Noninterest income      
Card income and service charges 3,983 4,096 4,560
Other card income      
Noninterest income      
Card income and service charges 2,071 1,987 1,658
Card Income, Interchange Fees and Merchant Income      
Noninterest income      
Interchange fees, gross and merchant income 13,300 12,900 11,500
Service charges      
Noninterest income      
Card income and service charges 5,684 6,405 7,504
Deposit-related fees      
Noninterest income      
Card income and service charges 4,382 5,190 6,271
Lending-related fees      
Noninterest income      
Card income and service charges 1,302 1,215 1,233
Investment and brokerage services      
Noninterest income      
Investment and brokerage services 15,563 15,901 16,690
Asset management fees      
Noninterest income      
Investment and brokerage services 12,002 12,152 12,729
Brokerage fees      
Noninterest income      
Investment and brokerage services 3,561 3,749 3,961
Total investment banking fees      
Noninterest income      
Investment banking fees 4,708 4,823 8,887
Underwriting income      
Noninterest income      
Investment banking fees 2,235 1,970 5,077
Syndication fees      
Noninterest income      
Investment banking fees 898 1,070 1,499
Financial advisory services      
Noninterest income      
Investment banking fees $ 1,575 $ 1,783 $ 2,311