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 Interest Margin - GAAP 1.80 % 1.68% 1.77 % 1.68%”
Read it in the filing ↗
Efficiency ratio
Non-interest expense as % of revenue. Lower is leaner.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 70.2% | 73.7% | 78.0% | 68.0% | 71.2% |
XBRL: NoninterestExpense, 0000073124-26-000016; InterestIncomeExpenseNet, 0000073124-26-000016; NoninterestIncome, 0000073124-26-000016
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 |
|---|---|---|---|---|
| 13.7% | 12.6% | 9.9% | 16.8% | 14.2% |
XBRL: NetIncomeLoss, 0000073124-26-000016; StockholdersEquity, 0000073124-26-000066; Goodwill, 0000073124-26-000066
Net interest income
Interest earned minus interest paid.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| $1.4B | $1.9B | $2.0B | $2.2B | $2.4B |
XBRL: InterestIncomeExpenseNet, 0000073124-26-000016