Interest Income and Interest Expense (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Interest income | ||||
Loans | $ 23,049 | $ 22,898 | $ 45,469 | $ 45,772 |
Taxable securities | 6,679 | 5,124 | 12,671 | 9,995 |
Non-taxable securities | 273 | 302 | 543 | 625 |
Total investment securities | 6,952 | 5,426 | 13,214 | 10,620 |
Trading assets - debt instruments | 6,298 | 4,993 | 11,855 | 9,585 |
Federal funds sold and securities purchased under resale agreements | 4,578 | 4,821 | 8,794 | 9,036 |
Securities borrowed | 2,211 | 2,177 | 4,518 | 4,343 |
Deposits with banks | 3,395 | 6,059 | 7,534 | 12,445 |
All other interest-earning assets | 1,758 | 2,139 | 3,710 | 4,150 |
Total interest income | 48,241 | 48,513 | 95,094 | 95,951 |
Interest expense | ||||
Interest-bearing deposits | 11,401 | 12,421 | 22,478 | 24,655 |
Federal funds purchased and securities loaned or sold under repurchase agreements | 5,965 | 5,108 | 11,154 | 9,077 |
Short-term borrowings | 607 | 502 | 1,142 | 1,037 |
Trading liabilities – debt and all other interest-bearing liabilities | 2,278 | 2,604 | 4,369 | 5,240 |
Long-term debt | 4,484 | 4,780 | 8,876 | 9,398 |
Beneficial interest issued by consolidated VIEs | 297 | 352 | 593 | 716 |
Total interest expense | 25,032 | 25,767 | 48,612 | 50,123 |
Net interest income | 23,209 | 22,746 | 46,482 | 45,828 |
Provision for credit losses | 2,849 | 3,052 | 6,154 | 4,936 |
Net interest income after provision for credit losses | $ 20,360 | $ 19,694 | $ 40,328 | $ 40,892 |
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- Definition Interest income on securities that are borrowed in connection with securities financing activities. No definition available.
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- Definition Amount of interest income earned from debt and equity financial instruments classified as (1) trading securities and (2) derivative assets. No definition available.
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- References No definition available.
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Interest expense on beneficial interests issued by consolidated variable interest entities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense incurred on federal funds purchased and securities sold under agreements to repurchase. If amounts recognized as payables under repurchase agreements have been offset against amounts recognized as receivables under reverse repurchase agreements and reported as a net amount on the balance sheet, the income and expense from these agreements may be reported on a net basis. No definition available.
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- Definition Aggregate amount of interest paid or due on all long-term debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate interest expense incurred on short-term borrowings including commercial paper and Federal funds purchased and securities sold under agreements to repurchase. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest expense incurred on short positions arising from sales of securities and other assets, which the entity does not own, to other parties. Trading liabilities includes the fair value of derivative contracts held for trading that are in loss positions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate interest income earned from (1) the lending of excess federal funds to another commercial bank requiring such for its legal reserve requirements and (2) securities purchased under agreements to resell. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income earned from interest bearing assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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