Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Net interest income
Interest income	$ 33,832	$ 34,873	$ 67,191	$ 68,939
Interest expense	17,835	20,203	35,449	39,826
Net interest income	15,997	14,670	31,742	29,113
Noninterest income
Fees and commissions	11,080	9,469	21,629	18,884
Market making and similar activities	4,177	3,153	7,814	6,737
Other income (loss)	304	151	645	956
Total noninterest income	15,561	12,773	30,088	26,577
Total revenue, net of interest expense	31,558	27,443	61,830	55,690
Provision for credit losses	1,366	1,592	2,703	3,072
Noninterest expense
Compensation and benefits	10,987	10,332	22,321	21,221
Information processing and communications	1,924	1,819	3,942	3,713
Occupancy and equipment	1,914	1,836	3,814	3,692
Product delivery and transaction related	1,327	974	2,453	1,888
Professional fees	573	640	1,156	1,292
Marketing	736	563	1,269	1,069
Other general operating	1,166	1,019	2,203	2,078
Total noninterest expense	18,627	17,183	37,158	34,953
Income before income taxes	11,565	8,668	21,969	17,665
Income tax expense	2,491	1,498	4,311	3,135
Net income	9,074	7,170	17,658	14,530
Preferred stock dividends and other	326	291	755	697
Net income applicable to common shareholders	$ 8,748	$ 6,879	$ 16,903	$ 13,833
Per common share information
Earnings (in dollars per share)	$ 1.22	$ 0.91	$ 2.35	$ 1.81
Diluted earnings (in dollars per share)	$ 1.21	$ 0.90	$ 2.31	$ 1.79
Average common shares issued and outstanding (in shares)	7,151.2	7,581.2	7,203.5	7,629.5
Average diluted common shares issued and outstanding (in shares)	7,294.2	7,651.6	7,356.2	7,711.2

Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Operating activities
Net income	$ 17,658	$ 14,530
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	2,703	3,072
(Gains) losses on sales of debt securities	(19)	20
Depreciation and amortization	1,217	1,136
Net accretion of discount/premium on debt securities	(305)	(146)
Deferred income taxes	612	(49)
Amortization of stock-based compensation	2,150	2,014
Net change in:
Trading and derivative assets/liabilities	23,147	(25,849)
Loans held-for-sale	(1,530)	4,080
Other assets	(17,869)	(19,307)
Accrued expenses and other liabilities	41,671	9,439
Other operating activities, net	1,378	(256)
Net cash provided by (used in) operating activities	70,813	(11,316)
Investing activities
Time deposits placed and other short-term investments	(1,973)	(3,005)
Federal funds sold and securities borrowed or purchased under agreements to resell	(95,837)	(81,670)
Debt securities carried at fair value:
Proceeds from sales	121,408	61,564
Proceeds from paydowns and maturities	54,880	40,472
Purchases	(140,172)	(123,638)
Held-to-maturity debt securities:
Proceeds from paydowns and maturities	16,292	16,782
Loans and leases:
Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities	7,320	4,051
Purchases	(4,148)	(11,136)
Other changes in loans and leases, net	(37,641)	(47,086)
Other investing activities, net	(3,337)	(2,262)
Net cash used in investing activities	(83,208)	(145,928)
Financing activities
Deposits	6,395	46,146
Federal funds purchased and securities loaned or sold under agreements to repurchase	(12,498)	71,689
Short-term borrowings	12,900	4,500
Long-term debt:
Proceeds from issuance	77,366	56,926
Retirement	(52,000)	(35,964)
Preferred stock:
Proceeds from issuance	0	2,996
Redemption	(1,000)	(2,669)
Common stock repurchased	(13,246)	(9,823)
Cash dividends paid	(4,956)	(4,752)
Other financing activities, net	(1,777)	(1,158)
Net cash provided by financing activities	11,184	127,891
Effect of exchange rate changes on cash and cash equivalents	(889)	5,250
Net increase (decrease) in cash and cash equivalents	(2,100)	(24,103)
Cash and cash equivalents at January 1	231,845	290,114
Cash and cash equivalents at June 30	$ 229,745	$ 266,011

Consolidated Balance Sheet - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Assets
Cash and due from banks	$ 28,100	$ 28,595
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	201,645	203,250
Cash and cash equivalents	229,745	231,845
Time deposits placed and other short-term investments	9,447	7,474
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $217,206 and $185,491 measured at fair value)	412,415	316,578
Trading account assets (includes $178,949 and $185,869 pledged as collateral)	358,748	366,954
Derivative assets	45,336	40,881
Debt securities:
Carried at fair value	363,419	402,975
Held-to-maturity, at amortized cost (fair value $423,734 and $442,430)	505,799	522,660
Total debt securities	869,218	925,635
Loans and leases (includes $3,359 and $3,498 measured at fair value)	1,217,619	1,185,700
Allowance for loan and lease losses	(13,114)	(13,203)
Loans and leases, net of allowance	1,204,505	1,172,497
Premises and equipment, net	12,788	12,516
Goodwill	69,021	69,021
Loans held-for-sale (includes $3,842 and $2,271 measured at fair value)	6,535	5,165
Customer and other receivables	106,269	98,186
Other assets (includes $7,311 and $9,058 measured at fair value)	175,164	164,986
Total assets	3,499,191	3,411,738
Deposits in U.S. offices:
Noninterest-bearing	529,985	517,834
Interest-bearing (includes $1,828 and $1,223 measured at fair value)	1,357,513	1,361,177
Deposits in non-U.S. offices:
Noninterest-bearing	14,358	14,216
Interest-bearing	123,268	125,502
Total deposits	2,025,124	2,018,729
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $223,698 and $223,067 measured at fair value)	332,218	344,716
Trading account liabilities	123,162	105,996
Derivative liabilities	42,577	42,076
Short-term borrowings (includes $11,431 and $8,051 measured at fair value)	59,979	48,088
Accrued expenses and other liabilities (includes $4,830 and $8,996 measured at fair value and $1,150 and $1,177 of reserve for unfunded lending commitments)	275,174	231,074
Long-term debt (includes $84,797 and $72,591 measured at fair value)	339,863	317,816
Total liabilities	3,198,097	3,108,495
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities and Note 10 – Commitments and Contingencies)
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,951,164 and 3,991,164 shares	24,996	25,992
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,017,967,460 and 7,212,464,345 shares	13,611	26,084
Retained earnings	274,520	261,693
Accumulated other comprehensive income (loss)	(12,033)	(10,526)
Total shareholders’ equity	301,094	303,243
Total liabilities and shareholders’ equity	3,499,191	3,411,738
Consolidated VIEs
Assets
Trading account assets (includes $178,949 and $185,869 pledged as collateral)	7,703	7,139
Debt securities:
Loans and leases (includes $3,359 and $3,498 measured at fair value)	17,905	17,875
Allowance for loan and lease losses	(858)	(871)
Loans and leases, net of allowance	17,047	17,004
Other assets (includes $7,311 and $9,058 measured at fair value)	889	709
Total assets	25,639	24,852
Deposits in non-U.S. offices:
Short-term borrowings (includes $11,431 and $8,051 measured at fair value)	6,964	5,779
Long-term debt (includes $84,797 and $72,591 measured at fair value)	7,555	6,847
All other liabilities (includes $20 and $18 of non-recourse liabilities)	20	18
Total liabilities	$ 14,539	$ 12,644