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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net Interest Income      
Interest income $ 129,820 $ 117,877 $ 105,363
Interest Expense, Operating (108,417) (98,140) (86,821)
Net interest income 21,403 19,737 18,542
Non-interest income      
Guarantee income 1,592 1,611 1,615
Investment gains (losses), net (209) 2,076 707
Other income 485 488 365
Non-interest income 1,868 4,175 2,687
Net revenues 23,271 23,912 21,229
(Provision) benefit for credit losses (1,290) (476) 872
Non-interest expense      
Salaries and employee benefits (1,711) (1,677) (1,606)
Professional services, technology, and occupancy (1,175) (1,166) (1,189)
Credit enhancement expense (2,082) (2,345) (2,339)
Legislative and regulatory assessments (3,323) (3,233) (3,131)
Other expense (329) (237) (637)
Non-interest expense (8,620) (8,658) (8,902)
Income before income tax expense 13,361 14,778 13,199
Income tax expense (2,630) (2,920) (2,661)
Net income 10,731 11,858 10,538
Other comprehensive income (loss), net of taxes and reclassification adjustments 78 (5) 166
Comprehensive income 10,809 11,853 10,704
Net income 10,731 11,858 10,538
Amounts attributable to senior preferred stock (10,809) (11,853) (10,704)
Net income (loss) attributable to common stockholders - basic (78) 5 (166)
Net income (loss) attributable to common stockholders - diluted $ (78) $ 5 $ (166)
Net income (loss) per common share - basic $ (0.02) $ 0.00 $ (0.05)
Net income (loss) per common share - diluted $ (0.02) $ 0.00 $ (0.05)
Weighted average common shares outstanding - basic 3,234 3,234 3,234
Weighted average common shares outstanding - diluted 3,234 3,234 3,234