v3.26.3
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue        
Investment banking fees $ 2,960 $ 2,612 $ 9,026 $ 7,289
Principal transactions 6,516 7,109 23,510 21,872
Lending- and deposit-related fees 2,579 2,349 7,484 6,729
Asset management fees 5,897 5,120 17,070 14,626
Commissions and other fees 2,584 2,204 7,680 6,431
Investment securities gains/(losses) (658) 105 (989) 14
Mortgage fees and related income 274 383 919 1,024
Card income 1,428 1,140 3,966 3,700
Other income 1,556 1,439 10,776 4,516
Noninterest revenue 23,136 22,461 79,442 66,201
Interest income 53,056 49,439 152,871 144,533
Interest expense 26,020 25,473 74,958 74,085
Net interest income 27,036 23,966 77,913 70,448
Total net revenue 50,172 46,427 157,355 136,649
Provision for credit losses 2,743 3,403 7,765 9,557
Noninterest expense        
Compensation expense 14,772 13,566 45,270 41,369
Occupancy expense 1,525 1,420 4,454 3,986
Technology, communications and equipment expense 3,335 2,839 9,463 8,121
Professional and outside services 3,897 3,173 11,235 9,018
Marketing 1,917 1,480 5,191 4,063
Other expense 1,849 1,803 5,848 5,100
Total noninterest expense 27,295 24,281 81,461 71,657
Income/(loss) before income tax expense/(benefit) 20,134 18,743 68,129 55,435
Income tax expense 4,829 4,350 15,175 11,412
Net income 15,305 14,393 52,954 44,023
Basic net income applicable to common stockholders 14,936 14,043 51,837 42,991
Diluted net income applicable to common stockholders $ 14,936 $ 14,043 $ 51,837 $ 42,991
Net income per common share data        
Basic earnings per share (in dollars per share) $ 5.58 $ 5.08 $ 19.24 $ 15.41
Diluted earnings per share (in dollars per share) $ 5.57 $ 5.07 $ 19.20 $ 15.38
Weighted-average basic shares (in shares) 2,678.6 2,762.4 2,694.9 2,790.2
Weighted-average diluted shares (in shares) 2,683.0 2,767.6 2,699.1 2,795.2