v3.25.3
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net interest income        
Interest income $ 32,975 $ 29,809 $ 96,388 $ 87,258
Interest Expense, Operating (27,520) (24,810) (80,532) (72,572)
Net interest income 5,455 4,999 15,856 14,686
Non-interest income        
Guarantee income 377 487 1,215 1,366
Investment gains (losses), net (237) 243 74 1,197
Other income 144 109 362 334
Non-interest income 284 839 1,651 2,897
Net revenues 5,739 5,838 17,507 17,583
(Provision) benefit for credit losses (175) 191 (1,238) (384)
Non-interest expense        
Salaries and employee benefits (423) (424) (1,299) (1,265)
Professional services, technology, and occupancy (293) (289) (841) (829)
Credit enhancement expense (489) (616) (1,540) (1,801)
Legislative and regulatory assessments (839) (814) (2,481) (2,403)
Other expense (72) (40) (201) (141)
Non-interest expense (2,116) (2,183) (6,362) (6,439)
Income before income tax expense 3,448 3,846 9,907 10,760
Income tax expense (675) (741) (1,953) (2,124)
Net income 2,773 3,105 7,954 8,636
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Other comprehensive income (loss), net of taxes and reclassification adjustments 16 62 71 32
Comprehensive income 2,789 3,167 8,025 8,668
Net income 2,773 3,105 7,954 8,636
Amounts attributable to senior preferred stock (2,789) (3,167) (8,025) (8,668)
Net income (loss) attributable to common stockholders $ (16) $ (62) $ (71) $ (32)
Net income (loss) per common share - basic (in dollars per share) $ 0.00 $ (0.02) $ (0.02) $ (0.01)
Net income (loss) per common share - diluted (in dollars per share) $ 0.00 $ (0.02) $ (0.02) $ (0.01)
Weighted average common shares outstanding - basic (in shares) 3,234 3,234 3,234 3,234
Weighted average common shares outstanding - diluted (in shares) 3,234 3,234 3,234 3,234