Quarterly report pursuant to Section 13 or 15(d)

Noninterest Income (Tables)

v3.8.0.1
Noninterest Income (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The table below presents the Corporation’s noninterest income disaggregated by revenue source for the three months ended March 31, 2018 and 2017. For more information, see Note 1 – Summary of Significant Accounting Principles. For a disaggregation of noninterest income by business segment and All Other, see Note 17 – Business Segment Information.
 
 
 
Three Months Ended March 31
(Dollars in millions)
2018
 
2017
Card income
 
 
 
Interchange fees (1)
$
971

 
$
958

Other card income
486

 
491

Total card income
1,457

 
1,449

Service charges
 
 
 
Deposit-related fees
1,646

 
1,653

Lending-related fees
275

 
265

Total service charges
1,921

 
1,918

Investment and brokerage services
 
 
 
Asset management fees
2,564

 
2,200

Brokerage fees
1,100

 
1,217

Total investment and brokerage services
3,664

 
3,417

Investment banking income
 
 
 
Underwriting income
740

 
779

Syndication fees
316

 
400

Financial advisory services
297

 
405

Total investment banking income
1,353

 
1,584

Trading account profits
2,699

 
2,331

Other income
423

 
491

Total noninterest income
$
11,517

 
$
11,190

(1) 
Gross interchange fees were $2.2 billion and $2.0 billion for the three months ended March 31, 2018 and 2017, and are presented net of $1.3 billion and $1.1 billion of expenses for rewards and partner payments.