JP Morgan Chase 2010 Annual Report Download - page 297

JPMorgan Chase & Co./2010 Annual Report
297
Selected annual financial data (unaudited)
As of or for the year ended December 31,
(in millions, except per share, ratio and headcount data) 2010 2009 2008
(d)
2007 2006
Selected income statement data
Noninterest revenue
$
51,693
$ 49,282 $ 28,473 $ 44,966 $ 40,757
Net interest income
51,001
51,152 38,779 26,406 21,242
Total net revenue
102,694
100,434 67,252 71,372 61,999
Total noninterest expense
61,196
52,352 43,500 41,703 38,843
Pre-provision profit
(a)
41,498 48,082 23,752 29,669 23,156
Provision for credit losses
16,639
32,015 19,445 6,864 3,270
Provision for credit losses – accounting conformity
(b)
— — 1,534 — —
Income from continuing operations before income tax expense/
(benefit) and extraordinary gain 24,859 16,067 2,773 22,805 19,886
Income tax expense/(benefit)
7,489
4,415 (926) 7,440 6,237
Income from continuing operations
17,370
11,652 3,699 15,365 13,649
Income from discontinued operations
(c)
— — — — 795
Income before extraordinary gain
17,370
11,652 3,699 15,365 14,444
Extraordinary gain
(d)
— 76 1,906 — —
Net income
$
17,370
$ 11,728 $ 5,605 $ 15,365 $ 14,444
Per
common share data
Basic earnings
Income from continuing operations
$
3.98
$ 2.25 $ 0.81 $ 4.38 $ 3.83
Net income
3.98
2.27 1.35 4.38 4.05
Diluted earnings
(e)
Income from continuing operations
$
3.96
$ 2.24 $ 0.81 $ 4.33 $ 3.78
Net income
3.96
2.26 1.35 4.33 4.00
Cash dividends declared per share
0.20
0.20 1.52 1.48 1.36
Book value per share
43.04
39.88 36.15 36.59 33.45
Common shares outstanding
Average: Basic
3,956.3
3,862.8 3,501.1 3,403.6 3,470.1
Diluted
3,976.9
3,879.7 3,521.8 3,445.3 3,516.1
Common shares at period-end
3,910.3
3,942.0 3,732.8 3,367.4 3,461.7
Share price
(
f
)
High
$
48.20
$ 47.47 $ 50.63 $ 53.25 $ 49.00
Low
35.16
14.96 19.69 40.15 37.88
Close
42.42
41.67 31.53 43.65 48.30
Market capitalization
165,875
164,261 117,695 146,986 167,199
Financial ratios
Return on common equity
(e)
Income from continuing operations
10%
6% 2% 13% 12%
Net income
10
6 4 13 13
Return on tangible common equity
(e)
Income from continuing operations
15
10 4 22 24
Net income
15
10 6 22 24
Return on assets
Income from continuing operations
0.85
0.58 0.21 1.06 1.04
Net income
0.85
0.58 0.31 1.06 1.10
Overhead ratio
60
52 65 58 63
Deposits-to-loans ratio
134
148 135 143 132
Tier 1 capital ratio
(
g
)
12.1 11.1 10.9 8.4 8.7
Total capital ratio
15.5
14.8 14.8 12.6 12.3
Tier 1 leverage ratio
7.0
6.9 6.9 6.0 6.2
Tier 1 common capital ratio
(
h
)
9.8 8.8 7.0 7.0 7.3
Selected balance sheet data (period-end)
(
g
)
Trading assets
$
489,892
$ 411,128 $ 509,983 $ 491,409 $ 365,738
Securities
316,336
360,390 205,943 85,450 91,975
Loans
692,927
633,458 744,898 519,374 483,127
Total assets
2,1
1
7,605
2,031,989 2,175,052 1,562,147 1,351,520
Deposits
930,369
938,367 1,009,277 740,728 638,788
Long-term debt
247,669
266,318 270,683 199,010 145,630
Common stockholders’ equity
168,306
157,213 134,945 123,221 115,790
Total stockholders’ equity
176,106
165,365 166,884 123,221 115,790
He
adcount
239,831
222,316 224,961 180,667 174,360