| Net Interest Income |
Net Interest Income The table below presents the components of net interest income per our condensed consolidated statements of income. Table 10.1 - Components of Net Interest Income | | | | | | | | | | | | | | | | | | | | | | (In millions) | | 3Q 2026 | 3Q 2025 | | YTD 2026 | YTD 2025 | | Interest income | | | | | | | | Mortgage loans | | $33,414 | | $30,802 | | | $97,965 | | $90,098 | | | Investment securities | | 974 | | 932 | | | 2,683 | | 2,397 | | | Securities purchased under agreements to resell | | 582 | | 1,136 | | | 2,064 | | 3,562 | | | Other | | 95 | | 105 | | | 278 | | 331 | | | Total interest income | | 35,065 | | 32,975 | | | 102,990 | | 96,388 | | | Interest expense | | | | | | | | Debt issued by consolidated trusts | | (27,305) | | (25,072) | | | (79,690) | | (73,623) | | | Short-term debt | | (113) | | (302) | | | (567) | | (640) | | | Long-term debt | | (1,704) | | (2,066) | | | (5,052) | | (6,091) | | | Securities sold under agreements to repurchase | | (66) | | (80) | | | (175) | | (178) | | | Total interest expense | | (29,188) | | (27,520) | | | (85,484) | | (80,532) | | | Net interest income | | 5,877 | | 5,455 | | | 17,506 | | 15,856 | | | (Provision) benefit for credit losses | | (800) | | (175) | | | 400 | | (1,238) | | | Net interest income after (provision) benefit for credit losses | | $5,077 | | $5,280 | | | $17,906 | | $14,618 | |
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