XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS:    
Cash and due from banks [1] $ 1,107 $ 1,409
Interest-bearing cash and due from banks 7,441 9,192
Interest-bearing deposits in banks [1] 680 635
Debt securities available for sale, at fair value (including $114 and $152 pledged to creditors, respectively) [2] 34,658 32,765
Debt securities held to maturity (fair value of $7,379 and $7,540, respectively, and including $69 and $83 pledged to creditors, respectively) [2] 8,293 8,599
Loans held for sale (includes $935 and $825, respectively, measured at fair value) 2,093 858
Loans and leases 139,304 139,203
Less: Allowance for loan and lease losses (2,008) (2,061)
Net loans and leases [1] 137,296 137,142
Derivative assets 832 408
Premises and equipment, net 855 875
Bank-owned life insurance 3,408 3,364
Goodwill 8,187 8,187
Other intangible assets [3] 129 146
Other assets [1] 13,331 13,941
TOTAL ASSETS 218,310 217,521
Deposits:    
Noninterest-bearing 38,001 36,920
Interest-bearing 137,085 137,856
Total deposits 175,086 174,776
Short-term borrowed funds 249 0
Long-term borrowed funds [1] 12,526 12,401
Derivative liabilities 766 1,220
Other liabilities [1] 4,449 4,870
TOTAL LIABILITIES 193,076 193,267
Commitments and Contingencies (refer to Note 11)
Preferred stock:    
$25.00 par value,100,000,000 shares authorized; 2,150,000 shares issued and outstanding at June 30, 2025 and December 31, 2024 2,113 2,113
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized; 651,906,718 shares issued and 432,768,811 shares outstanding at June 30, 2025 and 650,068,324 shares issued and 440,543,381 shares outstanding at December 31, 2024 7 7
Additional paid-in capital 22,420 22,364
Retained earnings 10,783 10,412
Treasury stock, at cost, 219,137,907 and 209,524,943 shares at June 30, 2025 and December 31, 2024, respectively (7,450) (7,047)
Accumulated other comprehensive income (loss) (2,639) (3,595)
TOTAL STOCKHOLDERS’ EQUITY 25,234 24,254
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 218,310 $ 217,521
[1] Includes amounts in consolidated VIEs. See Note 6 for additional information.
[2] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[3] Excludes MSRs, which are reported in Other assets.