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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Investment banking fees $ 2,858 $ 2,178
Principal transactions 7,987 7,614
Lending- and deposit-related fees 2,394 2,132
Asset management fees 5,515 4,700
Commissions and other fees 2,482 2,033
Investment securities gains/(losses) 64 (37)
Mortgage fees and related income 309 278
Card income 1,190 1,216
Other income 1,671 1,923
Noninterest revenue 24,470 22,037
Interest income 49,191 46,853
Interest expense 23,825 23,580
Net interest income 25,366 23,273
Total net revenue 49,836 45,310
Provision for credit losses 2,507 3,305
Noninterest expense    
Compensation expense 15,339 14,093
Occupancy expense 1,447 1,302
Technology, communications and equipment expense 3,021 2,578
Professional and outside services 3,483 2,839
Marketing 1,604 1,304
Other expense 1,956 1,481
Total noninterest expense 26,850 23,597
Income/(loss) before income tax expense/(benefit) 20,479 18,408
Income tax expense 3,985 3,765
Net income 16,494 14,643
Basic net income applicable to common stockholders 16,148 14,317
Diluted net income applicable to common stockholders $ 16,148 $ 14,317
Net income per common share data    
Basic earnings per share (in dollars per share) $ 5.95 $ 5.08
Diluted earnings per share (in dollars per share) $ 5.94 $ 5.07
Weighted-average basic shares (in shares) 2,716.2 2,819.4
Weighted-average diluted shares (in shares) 2,720.2 2,824.3