v3.25.4
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 6,777 $ 6,904
Interest-earning deposits with banks 32,936 39,347
Loans held for sale [1] 1,939 850
Investment securities – available-for-sale 68,135 62,039
Investment securities – held-to-maturity 70,105 77,693
Loans [1] 331,481 316,467
Allowance for loan and lease losses (4,410) (4,486)
Net loans 327,071 311,981
Equity investments 10,790 9,600
Mortgage servicing rights 3,659 3,711
Goodwill 10,959 10,932
Other [1] 41,201 36,981
Total assets 573,572 560,038
Deposits    
Noninterest-bearing 91,748 92,641
Interest-bearing (b) [2] 349,118 334,097
Total deposits 440,866 426,738
Borrowed funds    
Federal Home Loan Bank advances 13,000 22,000
Senior debt 38,642 32,497
Subordinated debt 3,016 4,104
Other [2] 2,443 3,072
Total borrowed funds 57,101 61,673
Allowance for unfunded lending related commitments 818 719
Accrued expenses and other liabilities [2] 14,151 16,439
Total liabilities 512,936 505,569
Equity    
Preferred stock [3] 0 0
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,497,966 and 543,310,646 shares) 2,717 2,717
Capital surplus 18,922 18,710
Retained earnings 63,266 59,282
Accumulated other comprehensive income (loss) (3,408) (6,565)
Common stock held in treasury at cost: 153,084,091 and 147,373,633 shares (20,912) (19,719)
Total shareholders’ equity 60,585 54,425
Noncontrolling interests 51 44
Total equity [4] 60,636 54,469
Total liabilities and equity $ 573,572 $ 560,038
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $1.7 billion, Loans held for investment of $1.1 billion and Other assets of $0.2 billion at December 31, 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 $3.6 billion, Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at December 31, 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.
[4] The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation.

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