Annual report pursuant to Section 13 and 15(d)

Net Interest Income and Noninterest Income (Details)

v3.20.4
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income      
Loans and leases $ 34,029 $ 43,086 $ 40,811
Debt securities 9,790 11,806 11,724
Federal funds sold and securities borrowed or purchased under agreements to resell 903 4,843 3,176
Trading account assets 4,128 5,196 4,811
Other interest income 2,735 6,305 6,247
Total interest income 51,585 71,236 66,769
Interest expense      
Deposits 1,943 7,188 4,495
Short-term borrowings 987 7,208 5,839
Trading account liabilities 974 1,249 1,358
Long-term debt 4,321 6,700 6,915
Total interest expense 8,225 22,345 18,607
Net interest income 43,360 48,891 48,162
Noninterest income      
Total fees and commissions 34,551 33,015 33,078
Market making and similar activities 8,355 9,034 9,008
Other income (738) 304 772
Total noninterest income 42,168 42,353 42,858
Rewards, rebates and compensation expense 5,500 6,200 5,600
Card income      
Noninterest income      
Card income and service charges 5,656 5,797 5,824
Interchange fees      
Noninterest income      
Card income and service charges 3,954 3,834 3,866
Interchange fees, gross 9,200 10,000 9,500
Other card income      
Noninterest income      
Card income and service charges 1,702 1,963 1,958
Service charges      
Noninterest income      
Card income and service charges 7,141 7,674 7,767
Deposit-related fees      
Noninterest income      
Card income and service charges 5,991 6,588 6,667
Lending-related fees      
Noninterest income      
Card income and service charges 1,150 1,086 1,100
Investment and brokerage services      
Noninterest income      
Investment and brokerage services 14,574 13,902 14,160
Asset management fees      
Noninterest income      
Investment and brokerage services 10,708 10,241 10,189
Brokerage fees      
Noninterest income      
Investment and brokerage services 3,866 3,661 3,971
Total investment banking fees      
Noninterest income      
Investment banking fees 7,180 5,642 5,327
Underwriting income      
Noninterest income      
Investment banking fees 4,698 2,998 2,722
Syndication fees      
Noninterest income      
Investment banking fees 861 1,184 1,347
Financial advisory services      
Noninterest income      
Investment banking fees $ 1,621 $ 1,460 $ 1,258