Quarterly report [Sections 13 or 15(d)]

Earnings Per Common Share - Basic and Diluted (Details)

v3.26.1
Earnings Per Common Share - Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings per common share        
Net income $ 9,074 $ 7,170 $ 17,658 $ 14,530
Preferred stock dividends and other (326) (291) (755) (697)
Net income applicable to common shareholders $ 8,748 $ 6,879 $ 16,903 $ 13,833
Average common shares issued and outstanding (in shares) 7,151.2 7,581.2 7,203.5 7,629.5
Earnings per common share (in dollars per share) $ 1.22 $ 0.91 $ 2.35 $ 1.81
Diluted earnings per common share        
Net income applicable to common shareholders $ 8,748 $ 6,879 $ 16,903 $ 13,833
Add preferred stock dividends due to assumed conversions 56 0 112 0
Net income allocated to common shareholders $ 8,804 $ 6,879 $ 17,015 $ 13,833
Average common shares issued and outstanding (in shares) 7,151.2 7,581.2 7,203.5 7,629.5
Dilutive potential common shares (in shares) 143.0 70.4 152.7 81.7
Total average diluted average common shares issued and outstanding (in shares) 7,294.2 7,651.6 7,356.2 7,711.2
Diluted earnings per common share (in dollars per share) $ 1.21 $ 0.90 $ 2.31 $ 1.79