Midt i alt genmab euforien, så kører den store økonomi frem nu med regnskaber.
Record omsætning i 108 milliarder dkk.
FULL-YEAR 2009 NET INCOME OF $11.7 BILLION, OR $2.26 PER SHARE,
ON RECORD REVENUE1 OF $108.6 BILLION
? Ranked #1 in Global Investment Banking Fees for full-year 2009
? Completed Washington Mutual integration and maintained solid growth in Retail
Banking, opening more than 6 million new checking accounts in 2009
? Delivered solid fourth-quarter results in other businesses, including Asset Management
and Commercial Banking
? Credit costs remained high: added $1.9 billion to consumer loan loss reserves, resulting
in firmwide credit reserves of $32.5 billion and loan loss coverage ratio of 5.5%1
? Balance sheet strengthened further: Tier 1 Capital of $133.0 billion, or 11.1%, and Tier
1 Common1 of $105.3 billion, or 8.8% (estimated), at year-end
? Continued focus on sound lending and efforts to prevent foreclosures:
- Extended more than $600 billion in new credit during 2009 to consumers,
corporations, small businesses, municipalities and non-profits (including more
than 18 million card, home equity, mortgage, auto and education loans)
- Launched new initiative during the quarter to expand lending to small businesses
by up to $4 billion in 2010; adding 325 small-business bankers and 100 middle-
market bankers to support increased lending
- Extended offers to modify approximately 600,000 mortgages and approved
120,000 modifications during the year
hele regnskabet her:
http://files.shareholder.com/downloads/ONE/414341759x0x344208/e19957ae-9c36-4e7b-bd64-4d42e3ebd8e9/4Q09_Earnings_Press_Release_Final.pdf
Record omsætning i 108 milliarder dkk.
FULL-YEAR 2009 NET INCOME OF $11.7 BILLION, OR $2.26 PER SHARE,
ON RECORD REVENUE1 OF $108.6 BILLION
? Ranked #1 in Global Investment Banking Fees for full-year 2009
? Completed Washington Mutual integration and maintained solid growth in Retail
Banking, opening more than 6 million new checking accounts in 2009
? Delivered solid fourth-quarter results in other businesses, including Asset Management
and Commercial Banking
? Credit costs remained high: added $1.9 billion to consumer loan loss reserves, resulting
in firmwide credit reserves of $32.5 billion and loan loss coverage ratio of 5.5%1
? Balance sheet strengthened further: Tier 1 Capital of $133.0 billion, or 11.1%, and Tier
1 Common1 of $105.3 billion, or 8.8% (estimated), at year-end
? Continued focus on sound lending and efforts to prevent foreclosures:
- Extended more than $600 billion in new credit during 2009 to consumers,
corporations, small businesses, municipalities and non-profits (including more
than 18 million card, home equity, mortgage, auto and education loans)
- Launched new initiative during the quarter to expand lending to small businesses
by up to $4 billion in 2010; adding 325 small-business bankers and 100 middle-
market bankers to support increased lending
- Extended offers to modify approximately 600,000 mortgages and approved
120,000 modifications during the year
hele regnskabet her:
http://files.shareholder.com/downloads/ONE/414341759x0x344208/e19957ae-9c36-4e7b-bd64-4d42e3ebd8e9/4Q09_Earnings_Press_Release_Final.pdf
