v3.26.3
Fair Value Measurement - Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables $ 713,085   $ 606,382      
Derivative netting adjustments (634,274)   (548,605)      
Total derivative receivables 78,811   57,777      
Total trading assets 1,093,352   802,873      
Available-for-sale securities 547,191   507,198      
Loans 71,658   70,684      
Mortgage servicing rights 9,775 $ 9,156 9,167 $ 9,110 $ 8,996 $ 9,121
Gross derivative payables 709,449   596,738      
Derivative netting adjustments (646,313)   (550,409)      
Total derivative payables 63,136   46,329      
Interest rate            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 341,136   281,884      
Derivative netting adjustments (302,844)   (256,483)      
Total derivative receivables 38,292   25,401      
Gross derivative payables 315,974   257,583      
Derivative netting adjustments (300,143)   (250,122)      
Total derivative payables 15,831   7,461      
Credit            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 17,587   13,024      
Derivative netting adjustments (17,002)   (12,545)      
Total derivative receivables 585   479      
Gross derivative payables 20,734   17,628      
Derivative netting adjustments (18,662)   (15,612)      
Total derivative payables 2,072   2,016      
Foreign exchange            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 195,659   183,236      
Derivative netting adjustments (173,250)   (163,881)      
Total derivative receivables 22,409   19,355      
Gross derivative payables 185,937   178,141      
Derivative netting adjustments (171,579)   (163,308)      
Total derivative payables 14,358   14,833      
Equity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 128,857   97,723      
Derivative netting adjustments (122,383)   (91,856)      
Total derivative receivables 6,474   5,867      
Gross derivative payables 159,757   117,017      
Derivative netting adjustments (136,906)   (102,211)      
Total derivative payables 22,851   14,806      
Commodity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 29,846   30,515      
Derivative netting adjustments (18,795)   (23,840)      
Total derivative receivables 11,051   6,675      
Gross derivative payables 27,047   26,369      
Derivative netting adjustments (19,023)   (19,156)      
Total derivative payables 8,024   7,213      
Total mortgage-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 103,642   101,447      
Mortgage-backed securities, Commercial - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 5,275   4,484      
U.S. Treasury, GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 347,725   315,822      
Obligations of U.S. states and municipalities            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 16,053   20,240      
Non-U.S. government debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 49,846   45,655      
Corporate debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 208   128      
Asset-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 29,717          
Asset-backed securities, Collateralized loan obligations            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 27,928   21,947      
Fair Value Measured at Net Asset Value Per Share            
Fair value assets and liabilities measured on recurring basis - supplemental data            
Alternative investments, net asset value, fair value 1,100   1,000      
Recurring            
Assets and liabilities measured at fair value on a recurring basis            
Federal funds sold and securities purchased under resale agreements 448,482   327,018      
Securities borrowed 125,502   98,111      
Total debt and equity instruments 1,014,541   745,096      
Derivative netting adjustments (634,274)   (548,605)      
Total derivative receivables 78,811   57,777      
Total trading assets 1,093,352   802,873      
Available-for-sale securities 547,191   507,198      
Loans 71,658   70,684      
Mortgage servicing rights 9,775   9,167      
Other assets 29,085   14,801      
Total assets measured at fair value 2,325,045   1,829,852      
Deposits 34,056   20,930      
Federal funds purchased and securities loaned or sold under repurchase agreements 593,664   360,194      
Short-term borrowings 29,251   32,460      
Trading liabilities, debt and equity instruments 234,775   169,690      
Derivative netting adjustments (646,313)   (550,409)      
Total derivative payables 63,136   46,329      
Total trading liabilities 297,911   216,019      
Accounts payable and other liabilities 19,414   6,660      
Beneficial interests issued by consolidated VIEs 5   5      
Long-term debt 159,396   134,559      
Total liabilities measured at fair value 1,133,697   770,827      
Recurring | Interest rate            
Assets and liabilities measured at fair value on a recurring basis            
Derivative netting adjustments (302,844)   (256,483)      
Total derivative receivables 38,292   25,401      
Derivative netting adjustments (300,143)   (250,122)      
Total derivative payables 15,831   7,461      
Recurring | Credit            
Assets and liabilities measured at fair value on a recurring basis            
Derivative netting adjustments (17,002)   (12,545)      
Total derivative receivables 585   479      
Derivative netting adjustments (18,662)   (15,612)      
Total derivative payables 2,072   2,016      
Recurring | Foreign exchange            
Assets and liabilities measured at fair value on a recurring basis            
Derivative netting adjustments (173,250)   (163,881)      
Total derivative receivables 22,409   19,355      
Derivative netting adjustments (171,579)   (163,308)      
Total derivative payables 14,358   14,833      
Recurring | Equity            
Assets and liabilities measured at fair value on a recurring basis            
Derivative netting adjustments (122,383)   (91,856)      
Total derivative receivables 6,474   5,867      
Derivative netting adjustments (136,906)   (102,211)      
Total derivative payables 22,851   14,806      
Recurring | Commodity            
Assets and liabilities measured at fair value on a recurring basis            
Derivative netting adjustments (18,795)   (23,840)      
Total derivative receivables 11,051   6,675      
Derivative netting adjustments (19,023)   (19,156)      
Total derivative payables 8,024   7,213      
Recurring | Total debt instruments            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 723,175   600,573      
Recurring | Total mortgage-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 154,710   162,085      
Available-for-sale securities 103,642   101,447      
Recurring | Mortgage-backed securities, U.S. GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 150,191   158,141      
Available-for-sale securities 92,518   90,972      
Recurring | Mortgage-backed securities, Residential - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 3,050   2,007      
Available-for-sale securities 5,849   5,991      
Recurring | Mortgage-backed securities, Commercial - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 1,469   1,937      
Available-for-sale securities 5,275   4,484      
Recurring | U.S. Treasury, GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 285,486   243,884      
Available-for-sale securities 347,725   315,822      
Recurring | Obligations of U.S. states and municipalities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 8,360   6,130      
Available-for-sale securities 16,053   20,240      
Recurring | Certificates of deposit, bankers’ acceptances and commercial paper            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 4,869   1,345      
Recurring | Non-U.S. government debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 199,397   124,684      
Available-for-sale securities 49,846   45,655      
Recurring | Corporate debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 54,231   45,507      
Available-for-sale securities 208   128      
Recurring | Loans            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 13,001   12,925      
Recurring | Asset-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 3,121   4,013      
Recurring | Equity securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 264,599   109,876      
Recurring | Physical commodities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 8,605   21,857      
Recurring | Other            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 18,162   12,790      
Recurring | Asset-backed securities, Collateralized loan obligations            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 27,928   21,947      
Recurring | Asset-backed securities, Other            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 1,789   1,959      
Recurring | U.S. GSE obligations            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 151,900   158,400      
Recurring | Level 1            
Assets and liabilities measured at fair value on a recurring basis            
Federal funds sold and securities purchased under resale agreements 0   0      
Securities borrowed 0   0      
Total debt and equity instruments 656,013   431,105      
Gross derivative receivables 22,535   2,496      
Total trading assets 678,548   433,601      
Available-for-sale securities 390,127   349,670      
Loans 0   0      
Mortgage servicing rights 0   0      
Other assets 10,928   6,864      
Total assets measured at fair value 1,079,603   790,135      
Deposits 0   0      
Federal funds purchased and securities loaned or sold under repurchase agreements 0   0      
Short-term borrowings 0   0      
Trading liabilities, debt and equity instruments 192,799   135,366      
Gross derivative payables 14,617   3,399      
Total trading liabilities 207,416   138,765      
Accounts payable and other liabilities 6,793   3,967      
Beneficial interests issued by consolidated VIEs 0   0      
Long-term debt 0   0      
Total liabilities measured at fair value 214,209   142,732      
Recurring | Level 1 | Interest rate            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 14,581   1,579      
Gross derivative payables 8,957   2,071      
Recurring | Level 1 | Credit            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 0   0      
Gross derivative payables 0   0      
Recurring | Level 1 | Foreign exchange            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 194   111      
Gross derivative payables 197   118      
Recurring | Level 1 | Equity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 7,760   806      
Gross derivative payables 5,463   1,210      
Recurring | Level 1 | Commodity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 0   0      
Gross derivative payables 0   0      
Recurring | Level 1 | Total debt instruments            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 386,269   302,640      
Recurring | Level 1 | Total mortgage-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   1      
Recurring | Level 1 | Mortgage-backed securities, U.S. GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   1      
Recurring | Level 1 | Mortgage-backed securities, Residential - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   0      
Recurring | Level 1 | Mortgage-backed securities, Commercial - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   0      
Recurring | Level 1 | U.S. Treasury, GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 263,489   225,255      
Available-for-sale securities 346,827   315,361      
Recurring | Level 1 | Obligations of U.S. states and municipalities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   0      
Recurring | Level 1 | Certificates of deposit, bankers’ acceptances and commercial paper            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Recurring | Level 1 | Non-U.S. government debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 122,780   77,385      
Available-for-sale securities 43,300   34,308      
Recurring | Level 1 | Corporate debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   0      
Recurring | Level 1 | Loans            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Recurring | Level 1 | Asset-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Recurring | Level 1 | Equity securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 262,645   107,585      
Recurring | Level 1 | Physical commodities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 7,099   20,880      
Recurring | Level 1 | Other            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Recurring | Level 1 | Asset-backed securities, Collateralized loan obligations            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 0   0      
Recurring | Level 1 | Asset-backed securities, Other            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 0   0      
Recurring | Level 2            
Assets and liabilities measured at fair value on a recurring basis            
Federal funds sold and securities purchased under resale agreements 448,482   327,018      
Securities borrowed 125,502   98,111      
Total debt and equity instruments 355,807   311,197      
Gross derivative receivables 677,096   594,960      
Total trading assets 1,032,903   906,157      
Available-for-sale securities 156,954   157,417      
Loans 69,250   67,622      
Mortgage servicing rights 0   0      
Other assets 16,980   6,890      
Total assets measured at fair value 1,850,071   1,563,215      
Deposits 32,631   18,574      
Federal funds purchased and securities loaned or sold under repurchase agreements 593,664   360,194      
Short-term borrowings 24,030   26,902      
Trading liabilities, debt and equity instruments 41,893   33,998      
Gross derivative payables 680,089   581,336      
Total trading liabilities 721,982   615,334      
Accounts payable and other liabilities 12,532   2,655      
Beneficial interests issued by consolidated VIEs 5   5      
Long-term debt 102,828   87,886      
Total liabilities measured at fair value 1,487,672   1,111,550      
Recurring | Level 2 | Interest rate            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 319,375   276,565      
Gross derivative payables 303,052   253,078      
Recurring | Level 2 | Credit            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 16,793   12,018      
Gross derivative payables 17,822   15,487      
Recurring | Level 2 | Foreign exchange            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 193,439   181,318      
Gross derivative payables 184,442   176,521      
Recurring | Level 2 | Equity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 118,222   95,098      
Gross derivative payables 148,335   110,451      
Recurring | Level 2 | Commodity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 29,267   29,961      
Gross derivative payables 26,438   25,799      
Recurring | Level 2 | Total debt instruments            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 334,894   295,751      
Recurring | Level 2 | Total mortgage-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 154,480   161,773      
Available-for-sale securities 103,642   101,443      
Recurring | Level 2 | Mortgage-backed securities, U.S. GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 149,966   157,834      
Available-for-sale securities 92,518   90,971      
Recurring | Level 2 | Mortgage-backed securities, Residential - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 3,045   2,002      
Available-for-sale securities 5,849   5,991      
Recurring | Level 2 | Mortgage-backed securities, Commercial - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 1,469   1,937      
Available-for-sale securities 5,275   4,481      
Recurring | Level 2 | U.S. Treasury, GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 21,997   18,629      
Available-for-sale securities 898   461      
Recurring | Level 2 | Obligations of U.S. states and municipalities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 8,355   6,129      
Available-for-sale securities 16,053   20,240      
Recurring | Level 2 | Certificates of deposit, bankers’ acceptances and commercial paper            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 4,869   1,345      
Recurring | Level 2 | Non-U.S. government debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 76,456   47,054      
Available-for-sale securities 6,546   11,347      
Recurring | Level 2 | Corporate debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 53,706   45,053      
Available-for-sale securities 98   20      
Recurring | Level 2 | Loans            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 11,976   11,782      
Recurring | Level 2 | Asset-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 3,055   3,986      
Recurring | Level 2 | Equity securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 1,752   2,153      
Recurring | Level 2 | Physical commodities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 1,490   947      
Recurring | Level 2 | Other            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 17,671   12,346      
Recurring | Level 2 | Asset-backed securities, Collateralized loan obligations            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 27,928   21,947      
Recurring | Level 2 | Asset-backed securities, Other            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 1,789   1,959      
Recurring | Level 3            
Assets and liabilities measured at fair value on a recurring basis            
Federal funds sold and securities purchased under resale agreements 0   0      
Securities borrowed 0   0      
Total debt and equity instruments 2,721   2,794      
Gross derivative receivables 13,454   8,926      
Total trading assets 16,175   11,720      
Available-for-sale securities 110   111      
Loans 2,408   3,062      
Mortgage servicing rights 9,775   9,167      
Other assets 1,177   1,047      
Total assets measured at fair value 29,645   25,107      
Deposits 1,425   2,356      
Federal funds purchased and securities loaned or sold under repurchase agreements 0   0      
Short-term borrowings 5,221   5,558      
Trading liabilities, debt and equity instruments 83   326      
Gross derivative payables 14,743   12,003      
Total trading liabilities 14,826   12,329      
Accounts payable and other liabilities 89   38      
Beneficial interests issued by consolidated VIEs 0   0      
Long-term debt 56,568   46,673      
Total liabilities measured at fair value 78,129   66,954      
Recurring | Level 3 | Interest rate            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 7,180   3,740      
Gross derivative payables 3,965   2,434      
Recurring | Level 3 | Credit            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 794   1,006      
Gross derivative payables 2,912   2,141      
Recurring | Level 3 | Foreign exchange            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 2,026   1,807      
Gross derivative payables 1,298   1,502      
Recurring | Level 3 | Equity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 2,875   1,819      
Gross derivative payables 5,959   5,356      
Recurring | Level 3 | Commodity            
Assets and liabilities measured at fair value on a recurring basis            
Gross derivative receivables 579   554      
Gross derivative payables 609   570      
Recurring | Level 3 | Total debt instruments            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 2,012   2,182      
Recurring | Level 3 | Total mortgage-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 230   312      
Available-for-sale securities 0   3      
Recurring | Level 3 | Mortgage-backed securities, U.S. GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 225   307      
Available-for-sale securities 0   0      
Recurring | Level 3 | Mortgage-backed securities, Residential - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 5   5      
Available-for-sale securities 0   0      
Recurring | Level 3 | Mortgage-backed securities, Commercial - nonagency            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   3      
Recurring | Level 3 | U.S. Treasury, GSEs and government agencies            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Available-for-sale securities 0   0      
Recurring | Level 3 | Obligations of U.S. states and municipalities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 5   1      
Available-for-sale securities 0   0      
Recurring | Level 3 | Certificates of deposit, bankers’ acceptances and commercial paper            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 0   0      
Recurring | Level 3 | Non-U.S. government debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 161   245      
Available-for-sale securities 0   0      
Recurring | Level 3 | Corporate debt securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 525   454      
Available-for-sale securities 110   108      
Recurring | Level 3 | Loans            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 1,025   1,143      
Recurring | Level 3 | Asset-backed securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 66   27      
Recurring | Level 3 | Equity securities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 202   138      
Recurring | Level 3 | Physical commodities            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 16   30      
Recurring | Level 3 | Other            
Assets and liabilities measured at fair value on a recurring basis            
Total debt and equity instruments 491   444      
Recurring | Level 3 | Asset-backed securities, Collateralized loan obligations            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities 0   0      
Recurring | Level 3 | Asset-backed securities, Other            
Assets and liabilities measured at fair value on a recurring basis            
Available-for-sale securities $ 0   $ 0