Annual report pursuant to Section 13 and 15(d)

Net Interest Income and Noninterest Income (Details)

v3.22.4
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Loans and leases $ 37,919 $ 29,282 $ 34,029
Debt securities 17,127 12,376 9,790
Federal funds sold and securities borrowed or purchased under agreements to resell 4,560 (90) 903
Trading account assets 5,521 3,770 4,128
Other interest income 7,438 2,334 2,735
Total interest income 72,565 47,672 51,585
Interest expense      
Deposits 4,718 537 1,943
Short-term borrowings 6,978 (358) 987
Trading account liabilities 1,538 1,128 974
Long-term debt 6,869 3,431 4,321
Total interest expense 20,103 4,738 8,225
Net interest income 52,462 42,934 43,360
Noninterest income      
Total fees and commissions 33,212 39,299 34,551
Market making and similar activities 12,075 8,691 8,355
Other income (loss) (2,799) (1,811) (738)
Total noninterest income 42,488 46,179 42,168
Rewards, rebates and compensation expense 8,800 6,900 5,500
Card income      
Noninterest income      
Card income and service charges 6,083 6,218 5,656
Interchange fees      
Noninterest income      
Card income and service charges 4,096 4,560 3,954
Other card income      
Noninterest income      
Card income and service charges 1,987 1,658 1,702
Card Income, Interchange Fees and Merchant Income      
Noninterest income      
Interchange fees, gross and merchant income 12,900 11,500 9,200
Service charges      
Noninterest income      
Card income and service charges 6,405 7,504 7,141
Deposit-related fees      
Noninterest income      
Card income and service charges 5,190 6,271 5,991
Lending-related fees      
Noninterest income      
Card income and service charges 1,215 1,233 1,150
Investment and brokerage services      
Noninterest income      
Investment and brokerage services 15,901 16,690 14,574
Asset management fees      
Noninterest income      
Investment and brokerage services 12,152 12,729 10,708
Brokerage fees      
Noninterest income      
Investment and brokerage services 3,749 3,961 3,866
Total investment banking fees      
Noninterest income      
Investment banking fees 4,823 8,887 7,180
Underwriting income      
Noninterest income      
Investment banking fees 1,970 5,077 4,698
Syndication fees      
Noninterest income      
Investment banking fees 1,070 1,499 861
Financial advisory services      
Noninterest income      
Investment banking fees $ 1,783 $ 2,311 $ 1,621