v3.25.1
Consolidated Statements Of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest Income, Operating $ 846 $ 642
Interest Expense, Operating 687 672
Net interest income $ 159 $ (30)
Dividends declared per common share $ 0.36 $ 0.36
Net gain (loss) on sale of investment securities $ (245) $ (91)
Unrealized gain (loss) on investment securities measured at fair value through net income, net 1,183 (471)
(Loss) gain on derivative instruments and other securities, net (1,019) 1,059
Nonoperating Income (Expense) (81) 497
Labor and Related Expense 19 16
General and administrative expenses 9 8
Total expenses 28 24
Net income 50 443
Dividend on preferred stock 35 31
Net income available to common stockholders 15 412
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax 93 (77)
Comprehensive income 143 366
Comprehensive income available to common stockholders $ 108 $ 335
Weighted average number of common shares outstanding - basic 918.3 702.2
Weighted average number of common shares outstanding - diluted 921.9 704.2
Earnings Per Share, Basic $ 0.02 $ 0.59
Net income per common share - diluted $ 0.02 $ 0.59