- Investor Relations
- Financials
- 2013 Annual Report
Financial Highlights
$ and share amounts in millions, except per share amounts
|
For the Year Ended or as of December |
2013 |
2012 |
2011 |
Operating Results |
Net revenues | $34,206 | $34,163 | $28,811 |
Pre-tax earnings | 11,737 | 11,207 | 6,169 |
Net earnings | 8,040 | 7,475 | 4,442 |
Net earnings applicable to common shareholders | 7,726 | 7,292 | 2,510 |
Return on average common shareholders’ equity | 11.0% | 10.7% | 3.7% |
Common Share Data |
Diluted earnings per common share | $15.46 | $14.13 | $4.51 |
Average diluted common shares outstanding | 499.6 | 516.1 | 556.9 |
Dividends declared per common share | $2.05 | $1.77 | $1.40 |
Book value per common share | 152.48 | 144.67 | 130.31 |
Tangible book value per common share 1 | 143.11 | 134.06 | 119.72 |
Ending stock price | 177.26 | 127.56 | 90.43 |
Financial Condition and Selected Ratios |
Total assets | $911,507 | $938,555 | $923,225 |
Unsecured long-term borrowings | 160,965 | 167,305 | 173,545 |
Total shareholders’ equity | 78,467 | 75,716 | 70,379 |
Leverage ratio 2 | 11.6× | 12.4× | 13.1× |
Tier 1 common ratio 3 | 14.6% | 14.5% | 12.1% |
Tier 1 capital ratio 3 | 16.7% | 16.7% | 13.8% |
Selected Data |
Total staff | 32,900 | 32,400 | 33,300 |
Assets under supervision | $1,042 | $965 | $895 |