v3.26.1
Consolidated Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Loans $ 4,792 $ 4,472
Investment securities 1,202 1,124
Other 450 534
Total interest income 6,444 6,130
Interest Expense    
Deposits 1,735 1,808
Borrowed funds 748 846
Total interest expense 2,483 2,654
Net interest income 3,961 3,476
Noninterest Income    
Asset management and brokerage 420 391
Capital markets and advisory 463 306
Card and cash management 738 692
Lending and deposit services 340 316
Residential and commercial mortgage 118 134
Other income 125 137
Total noninterest income 2,204 1,976
Total revenue 6,165 5,452
Provision For Credit Losses 210 219
Noninterest Expense    
Personnel 2,106 1,890
Occupancy 262 245
Equipment 415 384
Marketing 87 85
Other 898 783
Total noninterest expense 3,768 3,387
Income before income taxes and noncontrolling interests 2,187 1,846
Income taxes 415 347
Net income 1,772 1,499
Less: Net income attributable to noncontrolling interests 12 18
Preferred stock dividends 73 71
Preferred stock discount accretion and redemptions 1 2
Net income attributable to common shareholders $ 1,686 $ 1,408
Earnings Per Common Share    
Basic (in dollars per share) $ 4.13 $ 3.52
Diluted (in dollars per share) $ 4.13 $ 3.51
Average Common Shares Outstanding    
Basic (in shares) 405 398
Diluted (in shares) 405 398