v3.26.1
Consolidated Statements Of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest Income, Operating $ 1,014 $ 830 $ 2,064 $ 1,676
Interest Expense, Operating 709 668 1,440 1,355
Net interest income $ 305 $ 162 $ 624 $ 321
Dividends declared per common share $ 0.36 $ 0.36 $ 0.72 $ 0.72
Net gain (loss) on sale of investment securities $ (16) $ (177) $ 58 $ (422)
Unrealized gain (loss) on investment securities measured at fair value through net income, net (90) 270 (979) 1,453
(Loss) gain on derivative instruments and other securities, net 485 (367) 867 (1,386)
Nonoperating Income (Expense) 379 (274) (54) (355)
Labor and Related Expense 19 18 42 37
General and administrative expenses 11 10 22 19
Total expenses 30 28 64 56
Net income (loss) 654 (140) 506 (90)
Dividend on preferred stock 44 38 88 73
Net income (loss) available (attributable) to common stockholders 610 (178) 418 (163)
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax (7) 48 (15) 141
Comprehensive income (loss) 647 (92) 491 51
Comprehensive income (loss) available (attributable) to common stockholders $ 603 $ (130) $ 403 $ (22)
Weighted average number of common shares outstanding - basic 1,157.6 1,017.3 1,140.2 968.0
Weighted average number of common shares outstanding - diluted 1,162.0 1,017.3 1,144.7 968.0
Earnings Per Share, Basic $ 0.53 $ (0.17) $ 0.37 $ (0.17)
Net income (loss) per common share - diluted $ 0.52 $ (0.17) $ 0.37 $ (0.17)