JP Morgan Chase 2014 Annual Report Download - page 309

Supplementary information
JPMorgan Chase & Co./2014 Annual Report 307
Selected quarterly financial data (unaudited)
(Table continued on next page)
As of or for the period ended 2014 2013
(in millions, except per share, ratio, headcount
data and where otherwise noted) 4th quarter 3rd quarter 2nd quarter 1st quarter 4th quarter 3rd quarter 2nd quarter 1st quarter
Selected income statement data
Total net revenue $ 22,512 $ 24,246 $ 24,454 $ 22,993 $ 23,156 $ 23,117 $ 25,211 $ 25,122
Total noninterest expense 15,409 15,798 15,431 14,636 15,552 23,626 15,866 15,423
Pre-provision profit/(loss) 7,103 8,448 9,023 8,357 7,604 (509) 9,345 9,699
Provision for credit losses 840 757 692 850 104 (543) 47 617
Income before income tax expense 6,263 7,691 8,331 7,507 7,500 34 9,298 9,082
Income tax expense 1,332 2,119 2,346 2,233 2,222 414 2,802 2,553
Net income/(loss) $ 4,931 $ 5,572 $ 5,985 $ 5,274 $ 5,278 $ (380) $ 6,496 $ 6,529
Per common share data
Net income/(loss): Basic $ 1.20 $ 1.37 $ 1.47 $ 1.29 $ 1.31 $ (0.17) $ 1.61 $ 1.61
Diluted 1.19 1.36 1.46 1.28 1.30 (0.17) 1.60 1.59
Average shares: Basic 3,730.9 3,755.4 3,780.6 3,787.2 3,762.1 3,767.0 3,782.4 3,818.2
Diluted 3,765.2 3,788.7 3,812.5 3,823.6 3,797.1 3,767.0 3,814.3 3,847.0
Market and per common share data
Market capitalization $ 232,472 $ 225,188 $ 216,725 $ 229,770 $ 219,657 $ 194,312 $ 198,966 $ 179,863
Common shares at period-end 3,714.8 3,738.2 3,761.3 3,784.7 3,756.1 3,759.2 3,769.0 3,789.8
Share price(a):
High $ 63.49 $ 61.85 $ 61.29 $ 61.48 $ 58.55 $ 56.93 $ 55.90 $ 51.00
Low 54.26 54.96 52.97 54.20 50.25 50.06 46.05 44.20
Close 62.58 60.24 57.62 60.71 58.48 51.69 52.79 47.46
Book value per share 57.07 56.50 55.53 54.05 53.25 52.01 52.48 52.02
Tangible book value per share (“TBVPS”)(b) 44.69 44.13 43.17 41.73 40.81 39.51 39.97 39.54
Cash dividends declared per share 0.40 0.40 0.40 0.38 0.38 0.38 0.38 0.30
Selected ratios and metrics
Return on common equity (“ROE”) 9% 10% 11% 10% 10% (1)% 13% 13%
Return on tangible common equity (“ROTCE”)(b) 11 13 14 13 14 (2) 17 17
Return on assets (“ROA”) 0.78 0.90 0.99 0.89 0.87 (0.06) 1.09 1.14
Overhead ratio 68 65 63 64 67 102 63 61
Loans-to-deposits ratio 56 56 57 57 57 57 60 61
High quality liquid assets (“HQLA”)(in billions)(c) $ 600 $ 572 $ 576 $ 538 $ 522 $ 538 $ 454 $ 413
Common equity tier 1 (“CET1”) capital ratio(d) 10.2% 10.2% 9.8% 10.9% 10.7% 10.5 % 10.4% 10.2%
Tier 1 capital ratio(d) 11.6 11.5 11.1 12.1 11.9 11.7 11.6 11.6
Total capital ratio(d) 13.1 12.8 12.5 14.5 14.3 14.3 14.1 14.1
Tier 1 leverage ratio 7.6 7.6 7.6 7.4 7.1 6.9 7.0 7.3
Selected balance sheet data (period-end)
Trading assets $ 398,988 $ 410,657 $ 392,543 $ 375,204 $ 374,664 $ 383,348 $ 401,470 $ 430,991
Securities(e) 348,004 366,358 361,918 351,850 354,003 356,556 354,725 365,744
Loans 757,336 743,257 746,983 730,971 738,418 728,679 725,586 728,886
Total assets 2,573,126 2,527,005 2,520,336 2,476,986 2,415,689 2,463,309 2,439,494 2,389,349
Deposits 1,363,427 1,334,534 1,319,751 1,282,705 1,287,765 1,281,102 1,202,950 1,202,507
Long-term debt(f) 276,836 268,721 269,929 274,512 267,889 263,372 266,212 268,361
Common stockholders’ equity 212,002 211,214 208,851 204,572 200,020 195,512 197,781 197,128
Total stockholders’ equity 232,065 231,277 227,314 219,655 211,178 206,670 209,239 207,086
Headcount 241,359 242,388 245,192 246,994 251,196 255,041 254,063 255,898