v3.25.2
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
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