v3.26.1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net Revenues    
Interest revenue $ 3,962 $ 3,757
Interest expense (818) (1,051)
Net interest revenue 3,144 2,706
Total net revenues 6,482 5,599
Expenses Excluding Interest    
Compensation and benefits 1,812 1,672
Professional services 303 269
Occupancy and equipment 285 274
Advertising and market development 101 96
Communications 163 153
Depreciation and amortization 201 217
Amortization of acquired intangible assets 132 130
Regulatory fees and assessments 75 89
Other 222 244
Total expenses excluding interest 3,294 3,144
Income before taxes on income 3,188 2,455
Taxes on income 709 546
Net Income 2,479 1,909
Preferred stock dividends and other 82 113
Net Income Available to Common Stockholders $ 2,397 $ 1,796
Weighted-Average Common Shares Outstanding:    
Basic (in shares) 1,746 1,817
Diluted (in shares) 1,752 1,822
Earnings Per Common Shares Outstanding    
Basic (in USD per share) [1] $ 1.37 $ 0.99
Diluted (in USD per share) [1] $ 1.37 $ 0.99
Asset management and administration fees    
Net Revenues    
Revenues from contracts with customers $ 1,759 $ 1,530
Trading revenue    
Net Revenues    
Revenues from contracts with customers 1,089 908
Bank deposit account fees    
Net Revenues    
Revenues from contracts with customers 295 245
Other    
Net Revenues    
Revenues from contracts with customers $ 195 $ 210
[1] For additional information on earnings per common shares outstanding for both voting and nonvoting common stock, see Notes 15 and 17.