v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
ASSETS:    
Cash and due from banks $ 1,219 $ 1,464
Interest-bearing cash and due from banks 11,541 11,263
Interest-bearing deposits in banks [1] 1,107 961
Debt securities available for sale, at fair value (including $158 and $108 pledged to creditors, respectively) [2] 37,448 35,697
Debt securities held to maturity (fair value of $6,784 and $7,150, respectively, and including $60 and $67 pledged to creditors, respectively) [2] 7,638 7,933
Loans held for sale (includes $1,069 and $1,065, respectively, measured at fair value) 1,458 1,198
Loans and leases 147,491 142,692
Less: Allowance for loan and lease losses (1,969) (1,943)
Net loans and leases [1] 145,522 140,749
Premises and equipment, net 873 915
Bank-owned life insurance 3,470 3,441
Goodwill 8,220 8,187
Other intangible assets [3] 105 115
Other assets [1] 15,235 14,428
TOTAL ASSETS 233,836 226,351
Deposits:    
Noninterest-bearing 40,939 40,417
Interest-bearing 144,681 142,896
Total deposits 185,620 183,313
Short-term borrowed funds 1,159 58
Long-term borrowed funds [1] 15,190 11,224
Other liabilities [1] 5,684 5,439
TOTAL LIABILITIES 207,653 200,034
Commitments and Contingencies (refer to Note 11)
Preferred stock:    
$25.00 par value,100,000,000 shares authorized; 2,150,000 shares issued and outstanding at June 30, 2026 and December 31, 2025 2,111 2,111
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized; 653,998,397 shares issued and 422,677,660 shares outstanding at June 30, 2026 and 652,238,745 shares issued and 429,242,174 shares outstanding at December 31, 2025 7 7
Additional paid-in capital 22,521 22,476
Retained earnings 11,987 11,345
Treasury stock, at cost, 231,320,737 and 222,996,571 shares at June 30, 2026 and December 31, 2025, respectively (8,182) (7,652)
Accumulated other comprehensive income (loss) (2,261) (1,970)
TOTAL STOCKHOLDERS’ EQUITY 26,183 26,317
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 233,836 $ 226,351
[1] Includes amounts in consolidated VIEs. See Note 6 for additional information.
[2] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[3] Excludes MSRs, which are reported in Other assets.