v3.25.4
Financial Instruments Carried at Fair Value - Carrying Value of The Financial Instruments held at Fair Value (Detail) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Quoted
prices in
active market
(Level 1)    
Financial assets held at fair value:    
Total trading assets € 64,552 € 52,387
Trading securities 62,958 52,387
Other trading assets 1,593 0
Positive market values from derivative financial instruments 1,273 940
Non-trading financial assets mandatory at fair value through profit or loss 1,570 1,346
Financial assets designated at fair value through profit or loss 0 0
Financial assets at fair value through other comprehensive income 25,262 21,901
Other financial assets at fair value 1,594 1,460
Total financial assets held at fair value 94,250 78,034
Financial liabilities held at fair value:    
Total trading liabilities 33,727 30,765
Trading securities 33,727 30,765
Other trading liabilities 0 0
Negative market values from derivative financial instruments 2,770 2,238
Financial liabilities designated at fair value through profit or loss 154 0
Investment contract liabilities 0 0
Other financial liabilities at fair value 375 539
Total financial liabilities held at fair value 37,025 33,543
Valuation
technique
observable
parameters
(Level 2)    
Financial assets held at fair value:    
Total trading assets 78,554 78,237
Trading securities 63,987 69,507
Other trading assets 14,567 8,730
Positive market values from derivative financial instruments 233,373 282,927
Non-trading financial assets mandatory at fair value through profit or loss 117,244 107,173
Financial assets designated at fair value through profit or loss 0 0
Financial assets at fair value through other comprehensive income 16,034 16,806
Other financial assets at fair value [1] (821) (1,135)
Total financial assets held at fair value 444,384 484,008
Financial liabilities held at fair value:    
Total trading liabilities 9,127 12,614
Trading securities 7,391 11,073
Other trading liabilities 1,735 1,542
Negative market values from derivative financial instruments 217,119 265,464
Financial liabilities designated at fair value through profit or loss 109,354 87,479
Investment contract liabilities 469 454
Other financial liabilities at fair value [1] (193) 3,101
Total financial liabilities held at fair value 335,875 369,113
Valuation
technique
unobservable
parameters
(Level 3)    
Financial assets held at fair value:    
Total trading assets 10,705 9,148
Trading securities 3,635 2,964
Other trading assets 7,070 6,184
Positive market values from derivative financial instruments 7,008 7,933
Non-trading financial assets mandatory at fair value through profit or loss 5,681 5,805
Financial assets designated at fair value through profit or loss 0 0
Financial assets at fair value through other comprehensive income 2,348 3,383
Other financial assets at fair value 22 12
Total financial assets held at fair value 25,764 26,281
Financial liabilities held at fair value:    
Total trading liabilities 25 119
Trading securities 23 26
Other trading liabilities 2 93
Negative market values from derivative financial instruments 5,938 8,707
Financial liabilities designated at fair value through profit or loss 5,547 4,569
Investment contract liabilities 0 0
Other financial liabilities at fair value [2] 36 (13)
Total financial liabilities held at fair value € 11,547 € 13,382
[1] Predominantly relates to derivatives qualifying for hedge accounting
[2] Relates to derivatives which are embedded in contracts where the host contract is held at amortized cost but for which the embedded derivative is bifurcated and
reported separately. The separated embedded derivatives may have a positive or a negative fair value and classification presented in this table is consistent with the
classification of the host contract