v3.26.1
Business segments - Contribution of Segments to Overall Profitability (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total fee and other revenue $ 4,252 $ 3,825 $ 8,291 $ 7,458
Net interest income 1,446 1,203 2,816 2,362
Provision for credit losses (8) (17) (15) 1
Noninterest expense 3,439 3,206 6,839 6,458
Net income (loss) attributable to noncontrolling interests 31 12 29 14
Operating segments        
Segment Reporting [Line Items]        
Total fee and other revenue 4,221 3,813 8,262 7,444
Operating segments | Total Segments        
Segment Reporting [Line Items]        
Total fee and other revenue 4,221 3,813 8,262 7,444
Net interest income 1,446 1,203 2,816 2,362
Total revenue 5,667 5,016 11,078 9,806
Provision for credit losses (8) (17) (15) 1
Noninterest expense 3,439 3,206 6,839 6,458
Income (loss) before income taxes $ 2,236 $ 1,827 $ 4,254 $ 3,347
Pre-tax operating margin 39.80% 36.60% 38.60% 34.20%
Average assets $ 464,770 $ 438,608 $ 463,357 $ 427,289
Operating segments | Securities Services        
Segment Reporting [Line Items]        
Total fee and other revenue 2,046 1,787 3,967 3,445
Net interest income 782 675 1,539 1,305
Total revenue 2,828 2,462 5,506 4,750
Provision for credit losses (5) (13) (16) (5)
Noninterest expense 1,722 1,605 3,370 3,174
Income (loss) before income taxes $ 1,111 $ 870 $ 2,152 $ 1,581
Pre-tax operating margin 39.30% 35.30% 39.10% 33.30%
Average assets $ 214,794 $ 206,064 $ 216,637 $ 200,273
Operating segments | Market and Wealth Services        
Segment Reporting [Line Items]        
Total fee and other revenue 1,359 1,248 2,680 2,449
Net interest income 611 506 1,182 1,003
Total revenue 1,970 1,754 3,862 3,452
Provision for credit losses (2) (6) (8) (2)
Noninterest expense 948 912 1,885 1,793
Income (loss) before income taxes $ 1,024 $ 848 $ 1,985 $ 1,661
Pre-tax operating margin 52.00% 48.40% 51.40% 48.10%
Average assets $ 148,791 $ 135,607 $ 148,243 $ 132,684
Operating segments | Investment and Wealth Management        
Segment Reporting [Line Items]        
Total fee and other revenue 809 760 1,581 1,498
Net interest income 54 41 107 82
Total revenue 863 801 1,688 1,580
Provision for credit losses (5) 0 4 2
Noninterest expense 686 653 1,412 1,367
Income (loss) before income taxes $ 182 $ 148 $ 272 $ 211
Pre-tax operating margin 21.10% 18.50% 16.10% 13.40%
Average assets $ 27,508 $ 27,114 $ 27,384 $ 26,760
Net income (loss) attributable to noncontrolling interests 31 12 (29) 14
Operating segments | Other        
Segment Reporting [Line Items]        
Total fee and other revenue 7 18 34 52
Net interest income (1) (19) (12) (28)
Total revenue 6 (1) 22 24
Provision for credit losses 4 2 5 6
Noninterest expense 83 36 172 124
Income (loss) before income taxes (81) (39) (155) (106)
Average assets $ 73,677 $ 69,823 $ 71,093 $ 67,572