Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Revenue by Line of business: Consumer business & banking $24,495 million or billion in revenue for 2019? es to hes, 2018 2017 $ 3,624 $

Revenue by Line of business: Consumer business & banking $24,495 million or billion in revenue for 2019?

image text in transcribed

es to hes, 2018 2017 $ 3,624 $ 3,431 umer & g/Chase ome Home and Card, SS ts and nd cash Selected income statement data Year Ended December 31, (in millions, except ratios) 2019 Revenue Lending and deposit-related fees $ 3,859 Asset management, administration and commissions 2,499 Mortgage fees and related Income 2,035 Card Income 4,847 All other income 5,402 Noninterest revenue 18,642 Net interest income 37,241 Total net revenue 55,883 2,402 2,212 1,252 4,554 4,428 16,260 35,819 52,079 1,613 4,024 3,430 14,710 31,775 46,485 and Auto sinesses, nts, and Provision for credit losses 4,952 4,753 5,572 10,700 18,196 28,896 10.534 17,301 27,835 10,133 15,929 26,062 22,035 Noninterest expense Compensation expense Noncompensation expense Total noninterest expense Income before income tax expense Income tax expense Net income Revenue by line of business Consumer & Business Banking Home Lending Card, Merchant Services & Auto 19,491 4.639 5,394 14,851 5,456 $ 9.395 $16,641 $14,852 $ 26,495 5,179 24,209 $24.805 5.484 21.790 $21,104 5.955 19,426 1,618 268 636 Mortgage fees and related income details: Net production revenue Net mortgage servicing revenue Mortgage fees and related income 417 984 977 $ 2,035 $ 1.252 $ 1,613 Financial ratios Retum on equity 31% 28% 1796 Overhead ratio 52 53 56 Note: In the discussion and the tables which follow. CCB presents certain financial measures which exclude the impact of PCI loans, these are non GAAP financial measures (a) Included deprecation expense un ed assets of 54.1 billion, 53.4 IRON in

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions