v3.26.1
Interest Income and Interest Expense
 6 Months Ended
Jun. 30, 2026
Interest Income (Expense), Operating [Abstract]  
Interest Income and Interest Expense Interest Income and Interest Expense
Three Months Ended
June 30,		Six Months Ended
June 30,
$ in millions2026202520262025
Interest income
Cash and cash equivalents
$725 $627 $1,424 $1,286 
Investment securities1,272 1,324 2,615 2,604 
Loans3,805 3,461 7,387 6,786 
Securities purchased under agreements to resell1
3,750 3,780 7,244 7,196 
Securities borrowed2
1,594 2,173 3,292 3,289 
Trading assets, net of Trading liabilities2,008 1,573 3,942 3,012 
Customer receivables and Other
2,748 1,967 5,271 4,480 
Total interest income$15,902 $14,905 $31,175 $28,653 
Interest expense
Deposits$2,699 $2,603 $5,256 $5,125 
Borrowings3,410 3,199 6,593 6,217 
Securities sold under agreements to repurchase3
3,573 3,361 7,188 6,430 
Securities loaned4
774 1,198 1,545 1,454 
Customer payables and Other
2,666 2,197 5,110 4,727 
Total interest expense$13,122 $12,558 $25,692 $23,953 
Net interest$2,780 $2,347 $5,483 $4,700 
1.Includes interest paid on Securities purchased under agreements to resell.
2.Includes fees paid on Securities borrowed.
3.Includes interest received on Securities sold under agreements to repurchase.
4.Includes fees received on Securities loaned.

Interest income and Interest expense are classified in the income statement based on the nature of the instrument and related market conventions. When included as a component of the instrument’s fair value, interest is included within Trading revenues or Investments revenues. Otherwise, it is included within Interest income or Interest expense.
Accrued Interest
$ in millionsAt June 30,
2026		At December 31,
2025
Customer and other receivables$4,539 $4,051 
Customer and other payables5,269 4,663