v3.25.3
Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 5,553 $ 6,904
Interest-earning deposits with banks 33,318 39,347
Loans held for sale [1] 1,104 850
Investment securities – available-for-sale 68,297 62,039
Investment securities – held-to-maturity 73,226 77,693
Loans [1] 326,616 316,467
Allowance for loan and lease losses (4,478) (4,486)
Net loans 322,138 311,981
Equity investments 9,972 9,600
Mortgage servicing rights 3,627 3,711
Goodwill 10,962 10,932
Other [1] 40,570 36,981
Total assets 568,767 560,038
Deposits    
Noninterest-bearing 91,207 92,641
Interest-bearing [2] 341,542 334,097
Total deposits 432,749 426,738
Borrowed funds    
Federal Home Loan Bank advances 16,100 22,000
Senior debt 38,695 32,497
Subordinated debt 3,512 4,104
Other [2] 4,037 3,072
Total borrowed funds 62,344 61,673
Allowance for unfunded lending related commitments 775 719
Accrued expenses and other liabilities [2] 13,861 16,439
Total liabilities 509,729 505,569
Equity    
Preferred stock [3] 0 0
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,412,079 and 543,310,646 shares) 2,717 2,717
Capital surplus 18,859 18,710
Retained earnings 62,008 59,282
Accumulated other comprehensive income (loss) (4,077) (6,565)
Common stock held in treasury at cost: 151,030,533 and 147,373,633 shares (20,517) (19,719)
Total shareholders’ equity 58,990 54,425
Noncontrolling interests 48 44
Total equity 59,038 54,469
Total liabilities and equity $ 568,767 $ 560,038
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.9 billion, Loans held for investment of $1.1 billion and Other assets of $0.2 billion at September 30, 2025. Comparable amounts at December 31, 2024 were $0.8 billion, $1.2 billion and $0.1 billion, respectively.
[2] Our consolidated liabilities included the following for which we have elected the fair value option: Interest-bearing deposits of $7.3 billion, Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at September 30, 2025. Comparable amounts at December 31, 2024 were $0, less than $0.1 billion and $0.1 billion, respectively.
[3] Par value less than $0.5 million at each date.

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