v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Loans, including loans held for sale $ 14,735 $ 10,157
Investment securities 832 770
Other 664 491
Total interest income 16,231 11,418
Interest expense:    
Deposits 3,387 2,715
Securitized debt obligations 141 176
Senior and subordinated notes 532 505
Other borrowings 26 9
Total interest expense 4,086 3,405
Net interest income 12,145 8,013
Provision for credit losses 4,068 2,369
Net interest income after provision for credit losses 8,077 5,644
Non-interest income:    
Discount and interchange fees, net 1,964 1,223
Service charges and other customer-related fees 809 509
Other 313 255
Total non-interest income 3,086 1,987
Non-interest expense:    
Salaries and associate benefits 3,671 2,546
Occupancy and equipment 867 615
Marketing 1,497 1,202
Professional services 585 437
Communications and data processing 496 399
Amortization of intangibles 492 16
Other 856 687
Total non-interest expense 8,464 5,902
Income from continuing operations before income taxes 2,699 1,729
Income tax provision 518 325
Income (loss) from continuing operations, net of tax 2,181 1,404
Income (loss) from discontinued operations, net of tax (7) 0
Net income 2,174 1,404
Dividends and undistributed earnings allocated to participating securities (20) (22)
Preferred stock dividends (73) (57)
Net income available to common stockholders $ 2,081 $ 1,325
Basic earnings per common share:    
Net income (loss) from continuing operations (in dollars per share) $ 3.35 $ 3.46
Net loss from discontinued operations (in dollars per share) (0.01) 0.00
Net income (loss) per basic common share (in dollars per share) 3.34 3.46
Diluted earnings per common share:    
Net income (loss) from continuing operations (in dollars per share) 3.35 3.45
Net loss from discontinued operations (in dollars per share) (0.01) 0.00
Net income (loss) per diluted common share (in dollars per share) $ 3.34 $ 3.45