v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities    
Net income $ 52,954 $ 44,023
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 7,765 9,557
Depreciation and amortization 7,584 6,509
Deferred tax (benefit)/expense (1,241) 4,151
Initial gain on the Visa share exchange (4,509) 0
Other 2,439 1,148
Originations and purchases of loans held-for-sale (219,486) (183,408)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 220,382 171,286
Net change in:    
Trading assets (292,539) (304,983)
Securities borrowed (43,680) (28,828)
Accrued interest and accounts receivable (54,566) (41,383)
Other assets (24,123) (7,559)
Trading liabilities 88,826 48,148
Accounts payable and other liabilities 53,645 5,984
Other operating adjustments 2,666 7,849
Net cash (used in) operating activities (203,883) (267,506)
Net change in:    
Federal funds sold and securities purchased under resale agreements (125,568) (130,648)
Held-to-maturity securities:    
Proceeds from paydowns and maturities 32,430 30,948
Purchases (37,171) (4,840)
Available-for-sale securities:    
Proceeds from paydowns and maturities 36,279 24,764
Proceeds from sales 145,676 117,305
Purchases (245,680) (257,127)
Proceeds from sales and securitizations of loans held-for-investment 45,455 40,946
Other changes in loans, net (147,350) (124,402)
All other investing activities, net (5,554) (9,393)
Net cash (used in) investing activities (301,483) (312,447)
Net change in:    
Deposits 222,927 139,554
Federal funds purchased and securities loaned or sold under repurchase agreements 261,093 270,714
Short-term borrowings 5,376 14,165
Beneficial interests issued by consolidated VIEs (1,678) 63
Proceeds from long-term borrowings 119,245 85,014
Payments of long-term borrowings (85,224) (78,612)
Proceeds from issuance of preferred stock 3,000 3,000
Redemption of preferred stock (2,000) (3,000)
Treasury stock repurchased (16,222) (23,327)
Dividends paid (13,038) (12,208)
All other financing activities, net (1,534) (2,273)
Net cash provided by financing activities 491,945 393,090
Effect of exchange rate changes on cash and due from banks and deposits with banks (3,646) 20,982
Net decrease in cash and due from banks and deposits with banks (17,067) (165,881)
Cash and due from banks and deposits with banks at the beginning of the period 343,338 469,317
Cash and due from banks and deposits with banks at the end of the period 326,271 303,436
Cash interest paid 72,293 72,779
Cash income taxes paid, net $ 9,872 $ 3,173