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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Noninterest Income        
Foreign Exchange Trading Income $ 78,900,000 $ 49,900,000 $ 157,400,000 $ 98,000,000
Treasury Management Fees 13,500,000 14,900,000 27,500,000 29,600,000
Security Commissions and Trading Income 26,100,000 24,100,000 53,300,000 44,600,000
Other Operating Income 31,400,000 43,000,000 66,200,000 82,700,000
Investment Security Gains (Losses), net (Note) 0 (400,000) (200,000) (700,000)
Total Noninterest Income 1,092,800,000 979,700,000 2,184,800,000 1,910,600,000
Net Interest Income        
Interest Income 567,700,000 417,200,000 1,073,600,000 827,500,000
Interest Expense 154,400,000 75,700,000 276,300,000 132,500,000
Net Interest Income 413,300,000 341,500,000 797,300,000 695,000,000
Provision for Credit Losses 1,500,000 (7,000,000) (1,500,000) (8,000,000)
Net Interest Income after Provision for Credit Losses 411,800,000 348,500,000 798,800,000 703,000,000
Noninterest Expense        
Compensation 454,700,000 432,500,000 926,400,000 858,300,000
Employee Benefits 88,800,000 75,600,000 180,500,000 153,400,000
Outside Services 185,600,000 167,000,000 357,000,000 320,100,000
Equipment and Software 144,200,000 133,700,000 284,200,000 261,000,000
Occupancy 48,800,000 46,300,000 100,300,000 91,700,000
Other Operating Expense 75,300,000 82,300,000 144,300,000 147,400,000
Total Noninterest Expense 997,400,000 937,400,000 1,992,700,000 1,831,900,000
Income before Income Taxes 507,200,000 390,800,000 990,900,000 781,700,000
Provision for Income Taxes 116,800,000 122,900,000 218,900,000 237,700,000
Net Income 390,400,000 267,900,000 772,000,000 544,000,000
Preferred Stock Dividends 5,900,000 5,900,000 23,200,000 26,600,000
Net Income Applicable to Common Stock $ 384,500,000 $ 262,000,000 $ 748,800,000 $ 517,400,000
Per Common Share        
Net Income — Basic (in dollars per share) $ 1.69 $ 1.12 $ 3.28 $ 2.22
Net Income - Diluted (in dollars per share) $ 1.68 $ 1.12 $ 3.26 $ 2.21
Average number of common shares outstanding        
Basic (in shares) 224,207,590 229,196,531 224,940,308 229,128,414
Diluted (in shares) 225,611,397 230,637,823 226,325,492 230,634,368
Changes in other-than-temporary-impairment (OTTI) losses $ 0 $ 0 $ (200,000) $ (100,000)
Other Security Gains (Losses), net 0 (400,000) 0 (600,000)
Investment Security Gains (Losses), net 0 (400,000) (200,000) (700,000)
Total Trust, Investment and Other Servicing Fees        
Noninterest Income        
Revenue from contract with client $ 942,900,000 $ 848,200,000 $ 1,880,600,000 $ 1,656,400,000