Excluding the non-U.S. dollar denominated debt gain of $1.1b, Q2 operating earning is: $8.16b (first half is $16.3b), annualized $32.5b, about 10% higher than year’s.
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Correction: excluding non-U.S. dollar denominated debt gain, the first half operating earning is: $14.5b. With the same exclusion, the Q2 2022 operating earning is about 20% higher than that in Q2 2021
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$644B market cap / $29B operating earnings = $550m per week
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