JP Morgan Chase 2010 Annual Report Download - page 295

Supplementary information
JPMorgan Chase & Co./2010 Annual Report
295
Selected quarterly financial data (unaudited)
As of or for the period ended
2010
2009
(in millions, except per
share, ratio and
headcount data) 4th quarter 3rd quarter 2nd quarter 1st quarter 4th quarter 3rd quarter 2nd quarter 1st quarter
Selected income stat
e
ment data
Noninterest revenue
$
13,996
$
11,322
$
12,414
$
13,961
$ 10,786 $ 13,885 $ 12,953 $ 11,658
Net interest income
12,102
12,502
12,687
13,710
12,378 12,737 12,670 13,367
To
tal net revenue
26,098
23,824
25,101
27,671
23,164 26,622 25,623 25,025
Total noninterest expense
16,043
14,398
14,631
16,124
12,004 13,455 13,520 13,373
Pre-provision profit(a) 10,055 9,426 10,470 11,547 11,160 13,167 12,103 11,652
Provision for credit losses
3,043
3,223
3,363
7,010
7,284 8,104 8,031 8,596
Income before income tax expense
and extraordinary gain 7,012 6,203 7,107 4,537 3,876 5,063 4,072 3,056
Income tax expense
2,181
1,785
2,312
1,21
1
598 1,551 1,351 915
Income
before extraord
i
nary gain
4,831
4,418
4,795
3,326
3,278 3,512 2,721 2,141
Extraordinary gain(b) — — — — — 76 — —
Net income
$
4,831
$
4,418
$
4,795
$
3,326
$ 3,278 $ 3,588 $ 2,721 $ 2,141
Per
common
share data
Basic earnings
Income before extraordinary gain
$
1.13
$
1.02
$
1.10
$
0.75
$ 0.75 $ 0.80 $ 0.28 $ 0.40
Net income
1.13
1.02
1.10
0.75
0.75 0.82 0.28 0.40
Diluted earnings(c)
Income before extraordinary gain
$
1.12
$
1.01
$
1.09
$
0.74
$ 0.74 $ 0.80 $ 0.28 $ 0.40
Net income
1.12
1.01
1.09
0.74
0.74 0.82 0.28 0.40
Cash dividends declared per share
0.05
0.05
0.05
0.05
0.05 0.05 0.05 0.05
Book value per share
43.04
42.29
40.99
39.38
39.88 39.12 37.36 36.78
Common shares ou
t
standing
Average: Basic
3,917.0
3
,
954.3
3,983.5
3,970.5
3,946.1 3,937.9 3,811.5
3,755.7
Diluted
3,935.2
3
,
9
71
.9
4,005.6
3,994.7
3,974.1 3,962.0 3,824.1 3,758.7
Common shares at period-end
3,910.3
3,9
25.8
3,975.8
3,975.4
3,942.0 3,938.7 3,924.1 3,757.7
Share price(d)
High
$
43.12
$
41.70
$
48.20
$
46.05
$ 47.47 $ 46.50 $ 38.94 $ 31.64
Low
36.21
35.16
36.51
37.03
40.04 31.59 25.29 14.96
Close
42.42
38.06
36.61
44.75
41.67 43.82 34.11 26.58
Market capitalization
165,875
149,418
145,554
177,897
164,261 172,596 133,852 99,881
Financial ratios
Return on common equity(c)
Income before extraordinary gain
11
%
10
%
12
%
8
%
8% 9% 3% 5%
Net income
11
10
12
8
8 9 3 5
Return on tangible common equity(c)
Income before extraordinary gain
16
15
1
7
12
12 13 5 8
Net income
16
1
5
1
7
12
12 14 5 8
Ret
urn on
assets
Income before extraordinary gain
0.92
0.86
0.94
0.66
0.65 0.70 0.54 0.42
Net income
0.92
0.86
0.94
0.66
0.65 0.71 0.54 0.42
Overhead ratio
61
60
58
58
52 51 53 53
Deposits-to-loans ratio
134
131
127
130
148 133 127 128
Tier 1 capital ratio(e) 12.1 11.9 12.1 11.5 11.1 10.2 9.7 11.4
Total capital ratio
15.5
15.
4
15.8
15.1
14.8 13.9 13.3 15.2
Tier 1 leverage ratio
7.
0
7.1
6.9
6.6
6.9 6.5 6.2 7.1
Tier 1 common capital ratio(f) 9.8 9.5 9.6 9.1 8.8 8.2 7.7 7.3
Selected balance sheet data
(period-end)(e)
Trading assets
$
489,892
$
475,515
$
397,508
$
426,128
$ 411,128 $ 424,435 $ 395,626 $ 429,700
Securities
316,336
340,168
312,013
344,
37
6
360,390 372,867 345,563 333,861
Loans
692,927
690,531
699,483
713,799
633,458 653,144 680,601 708,243
Total assets
2,117,605
2,141,595
2,014,019
2,135,796
2,031,989 2,041,009 2,026,642 2,079,188
Deposits
930,369
903,138
887,805
925
,303
938,367 867,977 866,477 906,969
Long-term debt
247,669
255,589
248,618
262,857
266,318 272,124 271,939 261,845
Common stockholders’ equity
168,306
166,030
162,968
156,569
157,213 154,101 146,614 138,201
Total stockholders’ equity
176,106
173,830
171,120
164,721
165,365 162,253 154,766 170,194
Headcount
239,831
236,810
232,939
226,623
222,316 220,861 220,255 219,569