v3.26.1
Consolidated Statement of Changes in Shareholders' Equity - USD ($)
Total
Preferred Series E
Preferred Stock
Preferred Stock
Preferred Series E
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss), Net
Treasury Stock
Beginning balance at Dec. 31, 2024 $ 29,027,000,000   $ 2,394,000,000   $ 90,000,000 $ 9,999,000,000 $ 19,079,000,000 $ (164,000,000) $ (2,371,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total comprehensive income 1,679,000,000           1,300,000,000 379,000,000  
Preferred stock cash dividends (71,000,000)           (71,000,000)    
Purchases of treasury stock (1,742,000,000)               (1,742,000,000)
Stock-based compensation transactions, net 68,000,000         (17,000,000) (2,000,000)   87,000,000
Common stock cash dividends (436,000,000)           (436,000,000)    
Ending balance at Jun. 30, 2025 $ 28,525,000,000   2,394,000,000   90,000,000 9,982,000,000 19,870,000,000 215,000,000 (4,026,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock per share dividend amount (in USD per share) $ 2.70                
Beginning balance at Mar. 31, 2025 $ 28,991,000,000   2,394,000,000   90,000,000 9,969,000,000 19,405,000,000 90,000,000 (2,957,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total comprehensive income 841,000,000           716,000,000 125,000,000  
Preferred stock cash dividends (35,000,000)           (35,000,000)    
Purchases of treasury stock (1,080,000,000)               (1,080,000,000)
Stock-based compensation transactions, net 22,000,000         13,000,000 (2,000,000)   11,000,000
Common stock cash dividends (214,000,000)           (214,000,000)    
Ending balance at Jun. 30, 2025 $ 28,525,000,000   2,394,000,000   90,000,000 9,982,000,000 19,870,000,000 215,000,000 (4,026,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock per share dividend amount (in USD per share) $ 1.35                
Beginning balance at Dec. 31, 2025 $ 29,177,000,000   2,834,000,000   90,000,000 10,011,000,000 20,882,000,000 277,000,000 (4,917,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Fair value election — residential mortgage loan servicing right [1] 197,000,000           197,000,000    
Total comprehensive income 1,113,000,000           1,482,000,000 (369,000,000)  
Redemption of Series G preferred stock   $ (400,000,000)   $ (400,000,000)          
Preferred stock cash dividends (78,000,000)           (78,000,000)    
Purchases of treasury stock (1,715,000,000)               (1,715,000,000)
Stock-based compensation transactions, net 95,000,000         (41,000,000) (2,000,000)   138,000,000
Common stock cash dividends (443,000,000)           (443,000,000)    
Ending balance at Jun. 30, 2026 $ 27,946,000,000   2,434,000,000   90,000,000 9,970,000,000 22,038,000,000 (92,000,000) (6,494,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock per share dividend amount (in USD per share) $ 3.00                
Beginning balance at Mar. 31, 2026 $ 27,972,000,000   2,434,000,000   90,000,000 9,961,000,000 21,476,000,000 66,000,000 (6,055,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total comprehensive income 660,000,000           818,000,000 (158,000,000)  
Preferred stock cash dividends (35,000,000)           (35,000,000)    
Purchases of treasury stock (465,000,000)               (465,000,000)
Stock-based compensation transactions, net 34,000,000         9,000,000 (1,000,000)   26,000,000
Common stock cash dividends (220,000,000)           (220,000,000)    
Ending balance at Jun. 30, 2026 $ 27,946,000,000   $ 2,434,000,000   $ 90,000,000 $ 9,970,000,000 $ 22,038,000,000 $ (92,000,000) $ (6,494,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock per share dividend amount (in USD per share) $ 1.50                
[1] As described in notes 1 and 13, effective January 1, 2026, the Company elected to prospectively measure its residential mortgage loan servicing right assets at fair value.