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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue      
Investment banking fees $ 9,615 $ 8,910 $ 6,519
Principal transactions 27,212 24,787 24,460
Lending- and deposit-related fees 9,093 7,606 7,413
Asset management fees 20,327 17,801 15,220
Commissions and other fees 8,539 7,530 6,836
Investment securities losses (57) (1,021) (3,180)
Mortgage fees and related income 1,381 1,401 1,176
Card income 4,720 5,497 4,784
Other income 6,174 12,462 5,609
Noninterest revenue 87,004 84,973 68,837
Interest income 193,341 193,933 170,588
Interest expense 97,898 101,350 81,321
Net interest income 95,443 92,583 89,267
Total net revenue 182,447 177,556 158,104
Provision for credit losses 14,212 10,678 9,320
Noninterest expense      
Compensation expense 54,487 51,357 46,465
Occupancy expense 5,461 5,026 4,590
Technology, communications and equipment expense 11,029 9,831 9,246
Professional and outside services 12,356 11,057 10,235
Marketing 5,531 4,974 4,591
Other expense 6,776 9,552 12,045
Total noninterest expense 95,640 91,797 87,172
Income/(loss) before income tax expense/(benefit) 72,595 75,081 61,612
Income tax expense 15,547 16,610 12,060
Net income 57,048 58,471 49,552
Basic net income applicable to common stockholders 55,681 56,868 47,760
Diluted net income applicable to common stockholders $ 55,681 $ 56,868 $ 47,760
Net income per common share data      
Basic earnings per share (in dollars per share) $ 20.05 $ 19.79 $ 16.25
Diluted earnings per share (in dollars per share) $ 20.02 $ 19.75 $ 16.23
Weighted-average basic shares (in shares) 2,776.5 2,873.9 2,938.6
Weighted-average diluted shares (in shares) 2,781.5 2,879.0 2,943.1