v3.25.4
Revenue and Expenses, Revenue by Operating Segment (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Apr. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   $ 47,484 $ 47,676 $ 52,375
Lending-related fees   1,514 1,500 1,446
Other card fees   616 509 427
Total card fees   4,589 4,342 4,256
Mortgage banking   1,152 1,047 829
Net gains (losses) from trading activities   5,147 5,366 4,879
Net gains (losses) from debt securities   (144) (920) 10
Net gains (losses) from equity securities   244 1,070 (441)
Other [1]   2,533 2,239 1,855
Total noninterest income   36,215 34,620 30,222
Total revenue   83,699 82,296 82,597
Joint venture interest acquisition net gain (loss) $ 253      
Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   5,099 5,015 4,694
Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   10,498 9,775 8,670
Trailing commissions [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   945 943 904
Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2,556 2,521 2,375
Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   3,027 2,665 1,649
Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   3,973 3,833 3,829
Credit card rewards and rebates [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Other cost of revenue   3,000 2,700 2,600
Corporate [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   (539) (791) (888)
Lending-related fees   0 0 0
Other card fees   0 0 0
Total card fees   4 2 2
Mortgage banking   2 0 0
Net gains (losses) from trading activities   42 40 94
Net gains (losses) from debt securities   (148) (920) (15)
Net gains (losses) from equity securities   110 1,017 (377)
Other   1,358 1,076 875
Total noninterest income   1,286 1,129 431
Total revenue   747 338 (457)
Corporate [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2 4 (4)
Corporate [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Corporate [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   (1) 0 0
Corporate [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   (83) (90) (144)
Corporate [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   4 2 2
Reconciling Items [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   (303) (340) (420)
Lending-related fees   0 0 0
Other card fees   0 0 0
Total card fees   0 0 0
Mortgage banking   0 0 0
Net gains (losses) from trading activities   0 0 0
Net gains (losses) from debt securities   0 0 0
Net gains (losses) from equity securities   0 0 0
Other   (1,645) (1,461) (1,776)
Total noninterest income   (1,645) (1,461) (1,776)
Total revenue   (1,948) (1,801) (2,196)
Reconciling Items [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Reconciling Items [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Reconciling Items [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Reconciling Items [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Reconciling Items [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Consumer Banking and Lending [Member] | Operating Segments [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   29,183 28,303 30,185
Lending-related fees   89 92 117
Other card fees   616 509 427
Total card fees   4,337 4,076 3,967
Mortgage banking   769 650 512
Net gains (losses) from trading activities   0 0 0
Net gains (losses) from debt securities   0 0 0
Net gains (losses) from equity securities   5 (2) 0
Other   288 352 442
Total noninterest income   8,179 7,898 7,734
Total revenue   37,362 36,201 37,919
Consumer Banking and Lending [Member] | Operating Segments [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2,694 2,734 2,702
Consumer Banking and Lending [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2 0 0
Consumer Banking and Lending [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Consumer Banking and Lending [Member] | Operating Segments [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   (5) (4) (6)
Consumer Banking and Lending [Member] | Operating Segments [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   3,721 3,567 3,540
Commercial Banking [Member] | Operating Segments [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   7,902 9,096 10,034
Lending-related fees   565 555 531
Other card fees   0 0 0
Total card fees   191 205 223
Mortgage banking   0 0 0
Net gains (losses) from trading activities   0 (2) (10)
Net gains (losses) from debt securities   4 0 25
Net gains (losses) from equity securities   75 21 (58)
Other   1,742 1,555 1,571
Total noninterest income   4,076 3,682 3,415
Total revenue   11,978 12,778 13,449
Commercial Banking [Member] | Operating Segments [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   1,290 1,180 998
Commercial Banking [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   79 84 74
Commercial Banking [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Commercial Banking [Member] | Operating Segments [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   130 84 61
Commercial Banking [Member] | Operating Segments [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   191 205 223
Corporate and Investment Banking [Member] | Operating Segments [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   7,557 7,935 9,498
Lending-related fees   844 842 790
Other card fees   0 0 0
Total card fees   53 55 60
Mortgage banking   394 410 329
Net gains (losses) from trading activities   4,987 5,173 4,633
Net gains (losses) from debt securities   0 0 0
Net gains (losses) from equity securities   66 19 (4)
Other   707 637 704
Total noninterest income   11,675 11,409 9,693
Total revenue   19,232 19,344 19,191
Corporate and Investment Banking [Member] | Operating Segments [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   1,086 1,073 976
Corporate and Investment Banking [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   158 157 150
Corporate and Investment Banking [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   395 368 317
Corporate and Investment Banking [Member] | Operating Segments [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2,985 2,675 1,738
Corporate and Investment Banking [Member] | Operating Segments [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   53 55 60
Wealth and Investment Management [Member] | Operating Segments [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net interest income (expense)   3,684 3,473 3,966
Lending-related fees   16 11 8
Other card fees   0 0 0
Total card fees   4 4 4
Mortgage banking   (13) (13) (12)
Net gains (losses) from trading activities   118 155 162
Net gains (losses) from debt securities   0 0 0
Net gains (losses) from equity securities   (12) 15 (2)
Other   83 80 39
Total noninterest income   12,644 11,963 10,725
Total revenue   16,328 15,436 14,691
Wealth and Investment Management [Member] | Operating Segments [Member] | Deposit-related fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   27 24 22
Wealth and Investment Management [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   10,259 9,534 8,446
Wealth and Investment Management [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   2,162 2,153 2,058
Wealth and Investment Management [Member] | Operating Segments [Member] | Investment banking fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   0 0 0
Wealth and Investment Management [Member] | Operating Segments [Member] | Interchange and merchant services fees [Member]        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Fee income   $ 4 $ 4 $ 4
[1] In fourth quarter 2025, we changed the presentation of certain items on our consolidated balance sheet, including trading assets and liabilities and short-term borrowings, with corresponding changes to our consolidated statement of income. In connection with these changes, we reclassified the gains (losses) related to our physical commodities inventory, including the related hedging impacts, from other noninterest income to net gains from trading activities. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies).