Investor Presentaiton
Supplemental
GAAP to Core Results: Core ROTCE
Core Return on Tangible Common Equity ("Core ROTCE")
Numerator ($ millions)
GAAP net income attributable to common shareholders
Discontinued operations, net of tax
Core OID
Repositioning Items
Change in fair value of equity securities
Tax on Core OID, Repo & change in fair value of equity securities
(assumes 21% tax rate)
Significant discrete tax items & other
Core net income attributable to common shareholders
Denominator (Average, $ billions)
GAAP shareholder's equity
less: Preferred equity
GAAP common shareholder's equity
Goodwill & identifiable intangibles, net of deferred tax liabilities ("DTLS")
Tangible common equity
Core OID balance
Net deferred tax asset ("DTA")
Normalized common equity
Core Return on Tangible Common Equity
-
- Quarterly
4Q 2023 Preliminary Results
QUARTERLY TREND
4Q 23
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
2Q 22
1Q 22
4Q 21
3Q 21
2Q 21
1Q 21
4Q 20
$
49
$
269
$
301
$
291
$
251 $
272
$
454
$
627
$
624
$
683
$
900
$
796
$
687
1
1
13
172
(74)
១៩ ស.
12
11
56
(25)
(65)
(23)
(21)
3
11
(94)
[a] $
137
$
252
$
291
S
250
$
327
S ༤ ཆྱེགཌ་
1
6
(1)
11
10
10
9
9
9
10
9
20
(49)
62
136
(4)
(20)
(31)
(16)
-
$
346
$
570 $
ཝ་རྐྱེ ®
107
(21)
52
70
65
(19)
(17)
(111)
(20)
(26)
(13)
1
21
(78)
687 $
705 $
782 $
868
$
790
$
606
$
13.3
$
13.2
$
13.5
S
13.1
$
12.6 $
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
13.2 $
(2.3)
14.7 $
(2.3)
16.2 $
(2.3)
$
11.0
$
10.9
$
11.1
S
10.8
$
10.3 S
10.9 $
(0.8)
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
12.4 $
(0.9)
13.9 $
(0.9)
17.2 $
(2.3)
14.8 $
(0.7)
17.4 $
(2.3)
15.1 $
(0.4)
16.1
$
14.7 $
14.4
(1.2)
14.9 $
14.7 $
14.4
(0.4)
(0.4)
(0.4)
$
10.2
$
10.0
$
10.2
$
9.9
$
9.4 $
10.0 $
11.4 $
13.0 $
14.2 $
14.7 $
14.5 $
14.3 $
14.0
(0.8)
(0.8)
(0.8)
(0.8)
(0.8)
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
(1.0)
(1.0)
(1.0)
(1.4)
(1.3)
(1.1)
(1.1)
(1.2)
(1.1)
(0.8)
(0.4)
(0.6)
(0.9)
[b] $
8.0
$
7.9
$
8.4
$
8.0
$
7.4
$
8.0 $
9.8 $
11.7 $
12.7 $
12.9 $
(0.6)
13.0 $
(0.1)
(0.1)
13.1 $
12.9
[a] / [b]
6.9%
12.9%
13.9%
12.5%
17.6%
17.2%
23.2%
23.6%
22.1%
24.2%
26.7%
24.1%
18.7%
ally do it right. 46View entire presentation