1、ANNUAL REPORT 2017 Financial HighlightsAs of or for the year ended December 31,(in millions,except per share,ratio data and headcount)2017 2016 2015Reported basis(a)Total net revenue$99,624$95,668$93,543Total noninterest expense 58,434 55,771 59,014Pre-provision profit 41,190 39,897 34,529Provision
2、for credit losses 5,290 5,361 3,827Net income$24,441$24,733$24,442Per common share data Net income per share:Basic$6.35$6.24$6.05 Diluted 6.31 6.19 6.00Cash dividends declared 2.12 1.88 1.72Book value 67.04 64.06 60.46Tangible book value(TBVPS)(b)53.56 51.44 48.13Selected ratiosReturn on common equi
3、ty 10%10%11%Return on tangible common equity(ROTCE)(b)12 13 13Common equity Tier 1 capital ratio(c)12.1 12.2 11.6Tier 1 capital ratio(c)13.8 13.9(d)13.3Total capital ratio(c)15.7 15.2 14.7Selected balance sheet data(period-end)Loans$930,697$894,765$837,299Total assets 2,533,600 2,490,972 2,351,698De
4、posits 1,443,982 1,375,176 1,279,715Common stockholders equity 229,625 228,122 221,505Total stockholders equity 255,693 254,190 247,573Market data Closing share price$106.94$86.29$66.03Market capitalization 366,301 307,295 241,899Common shares at period-end 3,425.3 3,561.2 3,663.5Headcount 252,539 2
5、43,355 234,598(a)Results are presented in accordance with accounting principles generally accepted in the United States of America,except where otherwise noted.(b)TBVPS and ROTCE are each non-GAAP financial measures.For further discussion of these measures,see Explanation and Reconciliation of the F
6、irms Use of Non-GAAP Financial Measures and Key Financial Performance Measures on pages 5254.(c)The ratios presented are calculated under the Basel III Advanced Fully Phased-In Approach,and they are key regulatory capital measures.For further discussion,see“Capital Risk Management”on pages 82-91.(d)