Quarterly report pursuant to Section 13 or 15(d)

Net Interest Income and Noninterest Income (Details)

v3.20.2
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income        
Loans and leases $ 8,569 $ 10,942 $ 18,532 $ 21,827
Debt securities 2,440 3,017 5,283 6,136
Federal funds sold and securities borrowed or purchased under agreements to resell 26 1,309 845 2,504
Trading account assets 1,008 1,321 2,255 2,643
Other interest income 497 1,635 1,723 3,284
Total interest income 12,540 18,224 28,638 36,394
Interest expense        
Deposits 373 1,965 1,557 3,760
Short-term borrowings (72) 1,997 1,048 3,849
Trading account liabilities 223 319 552 664
Long-term debt 1,168 1,754 2,503 3,557
Total interest expense 1,692 6,035 5,660 11,830
Net interest income 10,848 12,189 22,978 24,564
Noninterest income        
Total fees and commissions 8,392 8,190 16,713 16,028
Market making and similar activities 2,487 2,381 5,294 5,149
Other income 599 324 108 347
Total noninterest income 11,478 10,895 22,115 21,524
Rewards, rebates and compensation expense 1,200 1,600 2,700 3,000
Card income        
Noninterest income        
Card income and service charges 1,249 1,446 2,521 2,821
Interchange fees        
Noninterest income        
Card income and service charges 830 968 1,622 1,864
Interchange fees, gross 2,000 2,500 4,300 4,800
Other card income        
Noninterest income        
Card income and service charges 419 478 899 957
Service charges        
Noninterest income        
Card income and service charges 1,562 1,903 3,465 3,742
Deposit-related fees        
Noninterest income        
Card income and service charges 1,299 1,638 2,926 3,218
Lending-related fees        
Noninterest income        
Card income and service charges 263 265 539 524
Investment and brokerage services        
Noninterest income        
Investment and brokerage services 3,422 3,470 7,180 6,830
Asset management fees        
Noninterest income        
Investment and brokerage services 2,483 2,554 5,165 4,994
Brokerage fees        
Noninterest income        
Investment and brokerage services 939 916 2,015 1,836
Total investment banking fees        
Noninterest income        
Investment banking fees 2,159 1,371 3,547 2,635
Underwriting income        
Noninterest income        
Investment banking fees 1,523 792 2,371 1,458
Syndication fees        
Noninterest income        
Investment banking fees 230 291 501 546
Financial advisory services        
Noninterest income        
Investment banking fees $ 406 $ 288 $ 675 $ 631