JP Morgan Chase 2015 Annual Report Download - page 319

Supplementary information
JPMorgan Chase & Co./2015 Annual Report 309
Selected quarterly financial data (unaudited)
(Table continued on next page)
As of or for the period ended 2015 2014
(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 $ 22,885 $ 22,780 $ 23,812 $ 24,066 $ 22,750 $ 24,469 $ 24,678 $ 23,215
Total noninterest expense 14,263 15,368 14,500 14,883 15,409 15,798 15,431 14,636
Pre-provision profit 8,622 7,412 9,312 9,183 7,341 8,671 9,247 8,579
Provision for credit losses 1,251 682 935 959 840 757 692 850
Income before income tax expense 7,371 6,730 8,377 8,224 6,501 7,914 8,555 7,729
Income tax expense 1,937 (74) 2,087 2,310 1,570 2,349 2,575 2,460
Net income $ 5,434 $ 6,804 $ 6,290 $ 5,914 $ 4,931 $ 5,565 $ 5,980 $ 5,269
Per common share data
Net income: Basic $ 1.34 $ 1.70 $ 1.56 $ 1.46 $ 1.20 $ 1.37 $ 1.47 $ 1.29
Diluted 1.32 1.68 1.54 1.45 1.19 1.35 1.46 1.28
Average shares: Basic 3,674.2 3,694.4 3,707.8 3,725.3 3,730.9 3,755.4 3,780.6 3,787.2
Diluted 3,704.6 3,725.6 3,743.6 3,757.5 3,765.2 3,788.7 3,812.5 3,823.6
Market and per common share data
Market capitalization $ 241,899 $ 224,438 $ 250,581 $ 224,818 $ 232,472 $ 225,188 $ 216,725 $ 229,770
Common shares at period-end 3,663.5 3,681.1 3,698.1 3,711.1 3,714.8 3,738.2 3,761.3 3,784.7
Share price(a):
High $ 69.03 $ 70.61 $ 69.82 $ 62.96 $ 63.49 $ 61.85 $ 61.29 $ 61.48
Low 58.53 50.07 59.65 54.27 54.26 54.96 52.97 54.20
Close 66.03 60.97 67.76 60.58 62.58 60.24 57.62 60.71
Book value per share 60.46 59.67 58.49 57.77 56.98 56.41 55.44 53.97
Tangible book value per share (“TBVPS”)(b) 48.13 47.36 46.13 45.45 44.60 44.04 43.08 41.65
Cash dividends declared per share 0.44 0.44 0.44 0.40 0.40 0.40 0.40 0.38
Selected ratios and metrics
Return on common equity (“ROE”) 9% 12% 11% 11% 9% 10% 11% 10%
Return on tangible common equity (“ROTCE”)(b) 11 15 14 14 11 13 14 13
Return on assets (“ROA”) 0.90 1.11 1.01 0.94 0.78 0.90 0.99 0.89
Overhead ratio 62 67 61 62 68 65 63 63
Loans-to-deposits ratio 65 64 61 56 56 56 57 57
HQLA (in billions)(c) $ 496 $ 505 $ 532 $ 614 $ 600 $ 572 $ 576 $ 538
CET1 capital ratio(d) 11.8% 11.5% 11.2% 10.7% 10.2% 10.2% 9.8% 10.9%
Tier 1 capital ratio(d) 13.5 13.3 12.8 12.1 11.6 11.5 11.0 12.0
Total capital ratio(d) 15.1 14.9 14.4 13.6 13.1 12.8 12.5 14.5
Tier 1 leverage ratio 8.5 8.4 8.0 7.5 7.6 7.6 7.6 7.3
Selected balance sheet data (period-end)
Trading assets $ 343,839 $ 361,708 $ 377,870 $ 398,981 $ 398,988 $ 410,657 $ 392,543 $ 375,204
Securities 290,827 306,660 317,795 331,136 348,004 366,358 361,918 351,850
Loans 837,299 809,457 791,247 764,185 757,336 743,257 746,983 730,971
Core Loans 732,093 698,988 674,767 641,285 628,785 607,617 603,440 582,206
Total assets 2,351,698 2,416,635 2,449,098 2,576,619 2,572,274 2,526,158 2,519,494 2,476,152
Deposits 1,279,715 1,273,106 1,287,332 1,367,887 1,363,427 1,334,534 1,319,751 1,282,705
Long-term debt(e) 288,651 292,503 286,240 280,123 276,379 268,265 269,472 274,053
Common stockholders’ equity 221,505 219,660 216,287 214,371 211,664 210,876 208,520 204,246
Total stockholders’ equity 247,573 245,728 241,205 235,864 231,727 230,939 226,983 219,329
Headcount 234,598 235,678 237,459 241,145 241,359 242,388 245,192 246,994