v3.25.2
Consolidated Statement of Condition - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 4,020 $ 3,145
Interest-bearing deposits with banks 118,835 112,957
Securities purchased under resale agreements 8,275 6,679
Trading account assets 791 768
Investment securities available-for-sale 70,603 58,895
Investment securities held-to-maturity (less allowance for credit losses of $0 and $0) (fair value of $38,485 and $41,906) 43,286 47,727
Loans (less allowance for credit losses on loans of $179 and $174) 47,100 43,026
Premises and equipment (net of accumulated depreciation of $6,824 and $6,461) 2,942 2,715
Accrued interest and fees receivable 4,589 4,034
Goodwill 7,918 7,691
Other intangible assets 1,014 1,089
Other assets 67,344 64,514
Total assets 376,717 353,240
Deposits:    
Non-interest-bearing 34,569 33,180
Interest-bearing - U.S. 169,444 166,483
Interest-bearing - non-U.S. 79,011 62,257
Total deposits 283,024 261,920
Securities sold under repurchase agreements 2,377 3,681
Other short-term borrowings 9,844 9,840
Accrued expenses and other liabilities 28,254 29,201
Long-term debt 25,911 23,272
Total liabilities 349,410 327,914
Commitments, guarantees and contingencies (Notes 9 and 10)
Shareholders’ equity:    
Common stock, $1 par, 750,000,000 shares authorized: 504 504
Surplus 10,698 10,722
Retained earnings 30,373 29,582
Accumulated other comprehensive income (loss) (1,321) (2,100)
Treasury stock, at cost (218,317,668 and 215,113,190 shares) (16,506) (16,198)
Total shareholders’ equity 27,307 25,326
Total liabilities and shareholders' equity 376,717 353,240
Series G Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 493 493
Series I Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 1,481 1,481
Series J Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 842 842
Series K Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: $ 743 $ 0