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Consolidated Statement of Condition - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 4,658 $ 3,145
Interest-bearing deposits with banks 119,464 112,957
Securities purchased under resale agreements 7,971 6,679
Trading account assets 743 768
Investment securities available-for-sale 67,444 58,895
Investment securities held-to-maturity (less allowance for credit losses of $0 and $0) (fair value of $40,424 and $41,906) 45,505 47,727
Loans (less allowance for credit losses on loans of $176 and $174) 44,509 43,026
Premises and equipment (net of accumulated depreciation of $6,635 and $6,461) 2,784 2,715
Accrued interest and fees receivable 4,280 4,034
Goodwill 7,763 7,691
Other intangible assets 1,046 1,089
Other assets 66,526 64,514
Total assets 372,693 353,240
Deposits:    
Non-interest-bearing 32,265 33,180
Interest-bearing - U.S. 168,362 166,483
Interest-bearing - non-U.S. 71,429 62,257
Total deposits 272,056 261,920
Securities sold under repurchase agreements 3,524 3,681
Other short-term borrowings 11,849 9,840
Accrued expenses and other liabilities 33,726 29,201
Long-term debt 24,846 23,272
Total liabilities 346,001 327,914
Commitments, guarantees and contingencies (Notes 9 and 10)
Shareholders’ equity:    
Common stock, $1 par, 750,000,000 shares authorized: 504 504
Surplus 10,693 10,722
Retained earnings 29,959 29,582
Accumulated other comprehensive income (loss) (1,792) (2,100)
Treasury stock, at cost (215,203,413 and 215,113,190 shares) (16,231) (16,198)
Total shareholders’ equity 26,692 25,326
Total liabilities and shareholders' equity 372,693 353,240
Series G Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 493 493
Series I Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 1,481 1,481
Series J Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: 842 842
Series K Preferred Stock    
Shareholders’ equity:    
Preferred stock, no par, 3,500,000 shares authorized: $ 743 $ 0