Components of Interest Revenue and Interest Expense |
The following table presents the components of interest income and interest expense, and related NII, for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | (In millions) | 2025 | | 2024 | | 2025 | | 2024 | | | Interest income: | | | | | | | | | | Interest-bearing deposits with banks | $ | 792 | | | $ | 929 | | | $ | 1,561 | | | $ | 1,927 | | | | Investment securities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investment securities available-for-sale | 753 | | | 672 | | | 1,477 | | | 1,244 | | | | Investment securities held-to-maturity | 234 | | | 277 | | | 475 | | | 571 | | | | | | | | | | | | | | Total investment securities | 987 | | | 949 | | | 1,952 | | | 1,815 | | | | Securities purchased under resale agreements | 179 | | | 166 | | | 344 | | | 333 | | | | Loans | 574 | | | 563 | | | 1,130 | | | 1,109 | | | | Other interest-earning assets | 523 | | | 391 | | | 990 | | | 703 | | | | Total interest income | 3,055 | | | 2,998 | | | 5,977 | | | 5,887 | | | | Interest expense: | | | | | | | | | | Interest-bearing deposits | 1,693 | | | 1,637 | | | 3,259 | | | 3,277 | | | | | | | | | | | | | | Securities sold under repurchase agreements | 35 | | | 43 | | | 86 | | | 82 | | | | | | | | | | | | | | Other short-term borrowings | 114 | | | 167 | | | 250 | | | 268 | | | | Long-term debt | 322 | | | 267 | | | 619 | | | 525 | | | | Other interest-bearing liabilities | 162 | | | 149 | | | 320 | | | 284 | | | | Total interest expense | 2,326 | | | 2,263 | | | 4,534 | | | 4,436 | | | | Net interest income | $ | 729 | | | $ | 735 | | | $ | 1,443 | | | $ | 1,451 | | | |
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