v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 1,130 $ 1,287
Short-term investments 11,782 10,163
Trading account assets 783 1,061
Securities available for sale 38,918 39,596
Held-to-maturity securities (fair value: $8,742 and $8,313) 9,116 8,622
Other investments 1,204 949
Loans, net of unearned income of $295 and $303 109,190 106,541
Less: Allowance for loan and lease losses (1,449) (1,427)
Net loans 107,741 105,114
Loans held for sale [1] 876 1,077
Premises and equipment 618 628
Goodwill 2,752 2,752
Other intangible assets 5 8
Corporate-owned life insurance 4,439 4,432
Accrued income and other assets 9,100 8,481
Discontinued assets 199 211
Total assets 188,663 184,381
Deposits in domestic offices:    
Interest-bearing deposits 120,220 121,100
Noninterest-bearing deposits 27,595 27,613
Total deposits 147,815 148,713
Federal funds purchased and securities sold under repurchase agreements 34 13
Bank notes and other short-term borrowings 6,149 1,071
Accrued expense and other liabilities 3,801 4,286
Long-term debt 10,877 9,917
Total liabilities 168,676 164,000
EQUITY    
Preferred stock 2,500 2,500
Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares 1,257 1,257
Capital surplus 5,981 6,035
Retained earnings 15,622 15,359
Treasury stock, at cost (169,409,323 and 154,301,387 shares) (3,152) (2,810)
Accumulated other comprehensive income (loss) (2,221) (1,960)
Total equity 19,987 20,381
Total liabilities and equity $ 188,663 $ 184,381
[1] Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $100 million at March 31, 2026, and $149 million at December 31, 2025.