v3.26.1
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 5,951 $ 6,777
Interest-earning deposits with banks 22,794 32,936
Loans held for sale [1] 1,522 1,939
Investment securities – available-for-sale 71,100 68,135
Investment securities – held-to-maturity 78,406 70,105
Loans [1] 367,953 331,481
Allowance for loan and lease losses (4,652) (4,410)
Net loans 363,301 327,071
Equity investments 11,735 10,790
Mortgage servicing rights 3,801 3,659
Goodwill 13,317 10,959
Other [1] 44,107 41,201
Total assets 616,034 573,572
Deposits    
Noninterest-bearing 99,356 91,748
Interest-bearing [2] 350,436 349,118
Total deposits 449,792 440,866
Borrowed funds    
Federal Home Loan Bank advances 40,416 13,000
Senior debt 38,144 38,642
Subordinated debt 4,396 3,016
Other [2] 2,767 2,443
Total borrowed funds 85,723 57,101
Allowance for unfunded lending related commitments 809 818
Accrued expenses and other liabilities [2] 15,649 14,151
Total liabilities 551,973 512,936
Equity    
Preferred stock [3] 0 0
Common stock ($5 par value, Authorized 800,000,000 shares, issued 557,291,838 and 543,497,966 shares) 2,786 2,717
Capital surplus 21,999 18,922
Retained earnings 65,518 63,266
Accumulated other comprehensive income (loss) (4,120) (3,408)
Common stock held in treasury at cost: 157,826,113 and 153,084,091 shares (22,175) (20,912)
Total shareholders’ equity 64,008 60,585
Noncontrolling interests 53 51
Total equity 64,061 60,636
Total liabilities and equity $ 616,034 $ 573,572
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $1.3 billion, Loans held for investment of $1.1 billion and Other assets of $0.1 billion at June 30, 2026. Comparable amounts at December 31, 2025 were $1.7 billion, $1.1 billion and $0.2 billion, respectively.
[2] Our consolidated liabilities included the following for which we have elected the fair value option: Interest-bearing deposits of $0.8 billion, Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at June 30, 2026. Comparable amounts at December 31, 2025 were $3.6 billion, less than $0.1 billion and $0.1 billion, respectively.
[3] Par value less than $0.5 million at each date.

Source

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