1、ANNUAL REPORT 2019Financial HighlightsAs of or for the year ended December 31,(in millions,except per share,ratio data and headcount)2019 2018 2017Selected income statement dataTotal net revenue$115,627$109,029$100,705Total noninterest expense 65,497 63,394 59,515 Pre-provision profit 50,130 45,635
2、41,190Provision for credit losses 5,585 4,871 5,290Net income$36,431$32,474$24,441Per common share data Net income per share:Basic$10.75$9.04$6.35 Diluted 10.72 9.00 6.31Book value 75.98 70.35 67.04Tangible book value(TBVPS)(a)60.98 56.33 53.56Cash dividends declared 3.40 2.72 2.12Selected ratiosRet
3、urn on common equity 15%13%10%Return on tangible common equity(ROTCE)(a)19 17 12Liquidity coverage ratio(average)(b)116 113 119 Common equity Tier 1 capital ratio(c)12.4 12.0 12.1Tier 1 capital ratio(c)14.1 13.7 13.8Total capital ratio(c)16.0 15.5 15.7Selected balance sheet data(period-end)Loans$959
4、,769$984,554$930,697Total assets 2,687,379 2,622,532 2,533,600Deposits 1,562,431 1,470,666 1,443,982Common stockholders equity 234,337 230,447 229,625Total stockholders equity 261,330 256,515 255,693Market data Closing share price$139.40$97.62$106.94Market capitalization 429,913 319,780 366,301Commo
5、n shares at period-end 3,084.0 3,275.8 3,425.3Headcount 256,981 256,105 252,539(a)TBVPS and ROTCE are each non-GAAP financial measures.Refer to Explanation and Reconciliation of the Firms Use of Non-GAAP Financial Measures and Key Financial Performance Measures on pages 5759 for additional informati
6、on on these measures.(b)Refer to Liquidity Risk Management on pages 93-98 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 85-92 for additional information on these measures.JPMorg