Intangible assets include mortgage servicing rights (MSRs), goodwill, and customer relationship and other intangibles. For additional information on MSRs, see Note 6 (Mortgage Banking Activities). Customer relationship and other intangibles, which are included in other assets on our consolidated balance sheet, had a net carrying value of $765 million and $823 million at March 31, 2026 and December 31, 2025, respectively.

In April 2025, we acquired the remaining interest in our merchant services joint venture and recognized an intangible asset of

$877 million related to the merchant relationships. We are amortizing this intangible asset on a straight-line basis over seven years. Estimated future amortization expense for this intangible asset is $94 million for the remainder of 2026, and $125 million for each of the years ended December 31, 2027, 2028, 2029, 2030, and 2031, respectively.

Table 5.1 shows the allocation of goodwill to our reportable operating segments.


(in millions)	Consumer Banking and Lending		Commercial Banking	Corporate and Investment Banking	Wealth and Investment Management	Corporate	Consolidated Company




December 31, 2025	$	16,418	2,931	5,274	344	—	24,967


Foreign currency translation	—		(2)	—	—	—	(2)

March 31, 2026	$	16,418	2,929	5,274	344	—	24,965

Table 5.2: Other Assets


(in millions)	Mar 31, 2026		Dec 31, 2025
Corporate/bank-owned life insurance (1)	$	19,776	19,757
Accounts receivable (2)	26,355		19,651
Interest receivable:
AFS and HTM debt securities	1,537		1,660
Loans	3,394		3,330
Trading and other	1,876		1,872
Loans held for sale (3)	4,651		4,482
Mortgage servicing rights	6,218		6,327
Operating lease assets (lessor) (3)	711		4,999
Operating lease right-of-use (ROU) assets (lessee)	3,630		3,641
Other (4)	18,044		15,578
Total other assets	$	86,192	81,297

(3)In January 2026, we closed the sale of our rail car leasing business, which included finance leases (loans held for sale) of $1.0 billion and operating leases (operating lease assets) of $4.3 billion.