Identify three variables in the income statements that the bank may be interested further researching to learn more about its customers.
Develop a frequency table, a bar chart, and a pie chart using variables in the income statements for your bank.
Analyze the table and charts to find the most useful information for communicating information about the banks customers.
Summarize your analysis and results, including how the charts were useful in your research.
Bank that I chose is JP Morgan Chase and below is their income statement. Please let me know if you need me to provide a different format for the income statement. I can take a pix of it. Thanks.
Financial Highlights As of or for the year ended December 31, (in millions, except per share, ratio data and headcount) 2018 2017 2016 Reported basis(a) Total net revenue $ 109,029 $ 100,705 $ 96,569 Total noninterest expense 63,394 59,515 56,672 Pre-provision profit 45,635 41,190 39,897 Provision for credit losses 4,871 5,290 5,361 Net income $ 32,474 $ 24,441 $ 24,733 Per common share data Net income per share: Basic $ 9.04 $ 6.35 $ 6.24 Diluted 9.00 6.31 6.19 Cash dividends declared 2.72 2.12 1.88 Book value 70.35 67.04 64.06 Tangible book value (TBVPS)(b) 56.33 53.56 51.44 Selected ratios Return on common equity 13% 10% 10% Return on tangible common equity (ROTCE)(b) 17 12 13 Common equity Tier 1 capital ratio(c) 12.0 12.1 12.2 Tier 1 capital ratio(c) 13.7 13.8 13.9 Total capital ratio(c) 15.5 15.7 15.2 Selected balance sheet data (period-end) Loans $ 984,554 $ 930,697 $ 894,765 Total assets 2,622,532 2,533,600 2,490,972 Deposits 1,470,666 1,443,982 1,375,179 Common stockholders equity 230,447 229,625 228,122 Total stockholders equity 256,515 255,693 254,190 Market data Closing share price $ 97.62 $ 106.94 $ 86.29 Market capitalization 319,780 366,301 307,295 Common shares at period-end 3,275.8 3,425.3 3,561.2 Headcount 256,105 252,539 243,355 (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, refer to Explanation and Reconciliation of the Firms Use of Non-GAAP Financial Measures and Key Financial Performance Measures on pages 5759. (c) The ratios presented are calculated under the Basel III Fully Phased-In Approach, and they are key regulatory capital measures. For further discussion, refer to Capital Risk Management on pages 85-94. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgans capabilities can be found
42 / 386 |||||||||| FIVE-YEAR SUMMARY OF CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited) As of or for the war ended December 31. Selected Income statement data Total net revenue 6TOZ STOZ 2017 2014 2015 545695 4440 Pre-provision profit Prisen for credit lowes Income before income tax expense $ 115,627 $ 109,020 $100,705 65,497 50, 110 45.435 41,190 5.585 4,871 5.200 44,545 40,764 35,900 8.290 $ 36,431 5 32,474 5 24401 39.397 5251 34529 34536 30.702 6.26 9103 247235 24.142 $ $ Net Income Earnings per share data Net Income Bask Diluted Average shares Basic Diluted Market and per common share data $ 10.755 10.72 3.221.5 1.230.4 9.04 9.00 3.1.4 3,414.0 6.31 35516 6.24 $ 6.19 1.658.8 3.690.0 6.05 6.00 3.7412 3.771.6 2.5768 $ 429,013 $119.780 $ 366,301 2.084.0 3,275.8 3423 75.98 70.35 67.04 6.98 563) 5256 3.40 2.72 2.12 $ 307,295 $ 241,899 3.561.2 3.6625 64.06 60.46 51.44 1.88 1.72 SIT Common sharest period and Book vale per share Tangible book vale per share ("TEPS Cashidiends declared per share Selected ratios and metrics Return on common equity ROE Return on tagble common equity CROTCEY Return on aset CROA Overhead ratio Loans to-deposits ratio Liquidity coverage ratio (L) average Common equity (captar Tier 1 capital Totalcarlo Tier 1 leverage ratio Supplementary leverage ratio ("SURY Selected balance sheet data period end) Trading sets 17 1.24 58 155 19 1.33 57 61 116 12.4 14 16.0 7.0 104 12 0.96 59 64 119 12.2 113 12. 127 15.5 8.1 6.4 101 12 1.00 59 65 NA 12.3 140 15.5 8.4 65 13 0.99 63 65 NA 118 125 15.1 85 15.9 6.5 Core Loans Average core loans $ 411.103 198719 999.769 916,144 908.800 2.687.39 1.102.41 291,496 234,012 $ 410,714 S 181.844 261.228 249,950 934,554 930.697 18 221 13.558 2.422.532 2.511,000 1470,466 1.443.982 282011 234.000 210407 229.625 256.515 255.0 24.105 252.519 $ 372,110 30 289,050 299.327 8945 17.299 806.152 732.09 769.15 670757 2.490,972 2.351.600 1.375.170 1.2.5 295,245 288.451 22.122 221.505 25410 241.355 234.59 Deposits Long-term Common colders 261.30 Headcount Credits 254,981 $ 16 $ Allowance for an owes tendans Allowance for a loss to retained and purchased credited on Norperforming 14314 1.35 1.31 4,4975 541 14.00 LIN 1.23 5.10 140341 16 1.JT 2014 $ 1.34 7.535 42 424 tal TVPS and ROTCE are each on GAAP financial measures. Refer to Explanation and Reconciliation of the Firm's Use of Non-GAAP Financial Measures and key Performance Measures on pages 57-59 for a further discussion of these measures O IR be Identify three variables in the income statements that the bank may interested further researching to learn more about its customers. Develop a frequency table, a bar chart, and a pie chart using variables in the income statements for your bank. . . Analyze the table and charts to find the most useful information for communicating information about the bank's customers. Summarize your analysis and results, including how the charts were useful in your research. I . 42 / 386 |||||||||| FIVE-YEAR SUMMARY OF CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited) As of or for the war ended December 31. Selected Income statement data Total net revenue 6TOZ STOZ 2017 2014 2015 545695 4440 Pre-provision profit Prisen for credit lowes Income before income tax expense $ 115,627 $ 109,020 $100,705 65,497 50, 110 45.435 41,190 5.585 4,871 5.200 44,545 40,764 35,900 8.290 $ 36,431 5 32,474 5 24401 39.397 5251 34529 34536 30.702 6.26 9103 247235 24.142 $ $ Net Income Earnings per share data Net Income Bask Diluted Average shares Basic Diluted Market and per common share data $ 10.755 10.72 3.221.5 1.230.4 9.04 9.00 3.1.4 3,414.0 6.31 35516 6.24 $ 6.19 1.658.8 3.690.0 6.05 6.00 3.7412 3.771.6 2.5768 $ 429,013 $119.780 $ 366,301 2.084.0 3,275.8 3423 75.98 70.35 67.04 6.98 563) 5256 3.40 2.72 2.12 $ 307,295 $ 241,899 3.561.2 3.6625 64.06 60.46 51.44 1.88 1.72 SIT Common sharest period and Book vale per share Tangible book vale per share ("TEPS Cashidiends declared per share Selected ratios and metrics Return on common equity ROE Return on tagble common equity CROTCEY Return on aset CROA Overhead ratio Loans to-deposits ratio Liquidity coverage ratio (L) average Common equity (captar Tier 1 capital Totalcarlo Tier 1 leverage ratio Supplementary leverage ratio ("SURY Selected balance sheet data period end) Trading sets 17 1.24 58 155 19 1.33 57 61 116 12.4 14 16.0 7.0 104 12 0.96 59 64 119 12.2 113 12. 127 15.5 8.1 6.4 101 12 1.00 59 65 NA 12.3 140 15.5 8.4 65 13 0.99 63 65 NA 118 125 15.1 85 15.9 6.5 Core Loans Average core loans $ 411.103 198719 999.769 916,144 908.800 2.687.39 1.102.41 291,496 234,012 $ 410,714 S 181.844 261.228 249,950 934,554 930.697 18 221 13.558 2.422.532 2.511,000 1470,466 1.443.982 282011 234.000 210407 229.625 256.515 255.0 24.105 252.519 $ 372,110 30 289,050 299.327 8945 17.299 806.152 732.09 769.15 670757 2.490,972 2.351.600 1.375.170 1.2.5 295,245 288.451 22.122 221.505 25410 241.355 234.59 Deposits Long-term Common colders 261.30 Headcount Credits 254,981 $ 16 $ Allowance for an owes tendans Allowance for a loss to retained and purchased credited on Norperforming 14314 1.35 1.31 4,4975 541 14.00 LIN 1.23 5.10 140341 16 1.JT 2014 $ 1.34 7.535 42 424 tal TVPS and ROTCE are each on GAAP financial measures. Refer to Explanation and Reconciliation of the Firm's Use of Non-GAAP Financial Measures and key Performance Measures on pages 57-59 for a further discussion of these measures O IR be Identify three variables in the income statements that the bank may interested further researching to learn more about its customers. Develop a frequency table, a bar chart, and a pie chart using variables in the income statements for your bank. . . Analyze the table and charts to find the most useful information for communicating information about the bank's customers. Summarize your analysis and results, including how the charts were useful in your research
