Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheet (Parenthetical)

v3.26.1
Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Federal funds sold and securities borrowed or purchased under agreements to resell measured at fair value $ 228,013 $ 185,491
Trading account assets, pledged as collateral 185,980 185,869
Trading account assets 364,221 366,954
Loans and leases 1,205,035 1,185,700
Allowance for loan and lease losses (13,148) (13,203)
Loans and leases, net of allowance 1,191,887 1,172,497
All other assets 168,921 164,986
Total assets 3,496,186 3,411,738
Debt securities:    
Fair Value 433,611 442,430
Loans and leases, measured at fair value 3,757 3,498
Loans held for sale, measured at fair value 5,431 2,271
Other assets 12,107 9,058
Deposits in U.S. offices:    
Interest bearing, measured at fair value 1,783 1,223
Federal funds purchased and securities loans or sold under agreements to repurchase, at fair value 227,301 223,067
Short-term borrowings, measured at fair value 11,444 8,051
Accrued expenses and other liabilities, measured at fair value 10,825 8,996
Accrued expenses and other liabilities, reserve for unfunded lending commitments 1,161 1,177
Long-term debt, measured at fair value 79,274 72,591
Short-term borrowings (includes $0 and $0 of non-recourse short-term borrowings) 57,630 48,088
Long-term debt (includes $6,319 and $6,847 of non-recourse debt) 325,964 317,816
Total liabilities $ 3,195,518 $ 3,108,495
Shareholders’ equity    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock authorized (in shares) 100,000,000 100,000,000
Preferred stock issued (in shares) 3,951,164 3,991,164
Preferred stock outstanding (in shares) 3,951,164 3,991,164
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock authorized (in shares) 12,800,000,000 12,800,000,000
Common stock issued (in shares) 7,129,908,032 7,212,464,345
Common stock outstanding (in shares) 7,129,908,032 7,212,464,345
Consolidated VIEs    
Assets    
Trading account assets $ 7,184 $ 7,139
Loans and leases 16,936 17,875
Allowance for loan and lease losses (855) (871)
Loans and leases, net of allowance 16,081 17,004
All other assets 701 709
Total assets 23,966 24,852
Deposits in U.S. offices:    
Short-term borrowings (includes $0 and $0 of non-recourse short-term borrowings) 6,403 5,779
Long-term debt (includes $6,319 and $6,847 of non-recourse debt) 6,319 6,847
All other liabilities (includes $21 and $18 of non-recourse liabilities) 21 18
Total liabilities 12,743 12,644
Consolidated VIEs | Nonrecourse    
Deposits in U.S. offices:    
Short-term borrowings (includes $0 and $0 of non-recourse short-term borrowings) 0 0
Long-term debt (includes $6,319 and $6,847 of non-recourse debt) 6,319 6,847
All other liabilities (includes $21 and $18 of non-recourse liabilities) $ 21 $ 18