The numbers that matter for banks
Numbers general screens compare wrongly. Some come from the 10-K's XBRL. The rest are quoted from the company's own filings, because there is no standard tag for them: the sentence is the source.
Net interest margin
What the bank earns on loans and securities minus what it pays on deposits, as % of earning assets.
“Net yield on average interest-earning assets – managed basis 2.48 % 2.45% 2.46 % 2.49%”
Read it in the filing ↗
Efficiency ratio
Non-interest expense as % of revenue. Lower is leaner.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 58.6% | 59.2% | 55.1% | 51.7% | 52.4% |
XBRL: NoninterestExpense, 0001628280-26-008131; InterestIncomeExpenseNet, 0001628280-26-008131; NoninterestIncome, 0001628280-26-008131
Loans to deposits
How much of its deposits the bank has lent out.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 43.1% | 47.7% | 54.2% | 55.0% | 57.3% |
XBRL: FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss, 0001628280-26-069523; Deposits, 0001628280-26-069523
Return on tangible common equity
Net income over common equity without goodwill and intangibles (net income is before preferred dividends, so this runs a little high for banks with preferred stock).
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 19.8% | 15.7% | 18.0% | 20.0% | 18.4% |
XBRL: NetIncomeLoss, 0001628280-26-008131; StockholdersEquity, 0001628280-26-069523; Goodwill, 0001628280-26-069523
Net interest income
Interest earned minus interest paid.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| $52.3B | $66.7B | $89.3B | $92.6B | $95.4B |
XBRL: InterestIncomeExpenseNet, 0001628280-26-008131