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Consolidated Statement of Condition - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 4,433 $ 3,145
Interest-bearing deposits with banks 126,930 112,957
Securities purchased under resale agreements 6,812 6,679
Trading account assets 827 768
Investment securities available-for-sale 67,154 58,895
Investment securities held-to-maturity (fair value of $34,166 and $41,906) 38,171 47,727
Loans (less allowance for credit losses on loans of $193 and $174) 46,589 43,026
Premises and equipment (net of accumulated depreciation of $7,046 and $6,461) 3,174 2,715
Accrued interest and fees receivable 4,395 4,034
Goodwill 8,159 7,691
Other intangible assets 935 1,089
Other assets 58,468 64,514
Total assets 366,047 353,240
Deposits:    
Non-interest-bearing 35,267 33,180
Interest-bearing - U.S. 168,079 166,483
Interest-bearing - non-U.S. 71,004 62,257
Total deposits 274,350 261,920
Securities sold under repurchase agreements 841 3,681
Other short-term borrowings 3,821 9,840
Accrued expenses and other liabilities 34,051 29,201
Long-term debt 25,143 23,272
Total liabilities 338,206 327,914
Commitments, guarantees and contingencies (Notes 12 and 13)
Shareholders’ equity:    
Common stock 504 504
Surplus 10,705 10,722
Retained earnings 31,392 29,582
Accumulated other comprehensive income (loss) (1,043) (2,100)
Treasury stock, at cost (224,801,735 and 215,113,190 shares) (17,276) (16,198)
Total shareholders’ equity 27,841 25,326
Total liabilities and shareholders’ equity 366,047 353,240
Series G Preferred Stock    
Shareholders’ equity:    
Preferred stock 493 493
Series I Preferred Stock    
Shareholders’ equity:    
Preferred stock 1,481 1,481
Series J Preferred Stock    
Shareholders’ equity:    
Preferred stock 842 842
Series K Preferred Stock    
Shareholders’ equity:    
Preferred stock $ 743 $ 0