1、to advance racial equity$30BANNUAL REPORT 2020Financial HighlightsAs of or for the year ended December 31,(in millions,except per share,ratio data and headcount)2020 2019 2018Selected income statement dataTotal net revenue$119,543$115,399$108,783Total noninterest expense 66,656 65,269 63,148 Pre-pro
2、vision profit 52,887 50,130 45,635Provision for credit losses 17,480 5,585 4,871Net income$29,131$36,431$32,474Per common share data Net income per share:Basic$8.89$10.75$9.04 Diluted 8.88 10.72 9.00Book value per share 81.75 75.98 70.35Tangible book value per share(TBVPS)(a)66.11 60.98 56.33Cash di
3、vidends declared per share 3.60 3.40 2.72Selected ratiosReturn on common equity 12%15%13%Return on tangible common equity(ROTCE)(a)14 19 17Liquidity coverage ratio(average)(b)110 116 113 Common equity Tier 1 capital ratio(c)13.1 12.4 12.0Tier 1 capital ratio(c)15.0 14.1 13.7Total capital ratio(c)17.
4、3 16.0 15.5Selected balance sheet data(period-end)Loans$1,012,853$997,620$1,015,760Total assets 3,386,071 2,687,379 2,622,532Deposits 2,144,257 1,562,431 1,470,666Common stockholders equity 249,291 234,337 230,447Total stockholders equity 279,354 261,330 256,515Market data Closing share price$127.07
5、$139.40$97.62Market capitalization 387,492 429,913 319,780Common shares at period-end 3,049.4 3,084.0 3,275.8Headcount 255,351 256,981 256,105(a)TBVPS and ROTCE are each non-GAAP financial measures.Refer to Explanation and Reconciliation of the Firms Use of Non-GAAP Financial Measures on pages 6264
6、for additional information on these measures.(b)Refer to Liquidity Risk Management on pages 102108 for additional information on this measure.(c)The ratios presented are calculated under the Basel III Fully Phased-In Approach.Refer to Capital Risk Management on pages 91101 for additional information