Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings Per Common Share - Basic and Diluted (Details)

v3.25.4
Earnings Per Common Share - Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Earnings per common share      
Net income $ 30,509 $ 26,973 $ 26,305
Preferred stock dividends and other (1,454) (1,629) (1,649)
Net income applicable to common shareholders $ 29,055 $ 25,344 $ 24,656
Average common shares issued and outstanding (in shares) 7,521.9 7,855.5 8,028.6
Earnings per common share (in dollars per share) $ 3.86 $ 3.23 $ 3.07
Diluted earnings per common share      
Net income applicable to common shareholders $ 29,055 $ 25,344 $ 24,656
Add preferred stock dividends due to assumed conversions 223 0 0
Net income allocated to common shareholders $ 29,278 $ 25,344 $ 24,656
Average common shares issued and outstanding (in shares) 7,521.9 7,855.5 8,028.6
Dilutive potential common shares (in shares) 159.0 80.3 51.9
Total average diluted average common shares issued and outstanding (in shares) 7,680.9 7,935.8 8,080.5
Diluted earnings per common share (in dollars per share) $ 3.81 $ 3.19 $ 3.05