v3.26.1
Net interest income (Tables)
 6 Months Ended
Jun. 30, 2026
Interest Income (Expense), Operating and Nonoperating [Abstract]  
Components of Net Interest Income
The following table provides the components of net interest income presented on the consolidated income statement.

Net interest incomeQuarter endedYear-to-date
(in millions)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Interest income
Deposits with the Federal Reserve and other central banks$721 $937 $1,502 $1,763 
Deposits with banks79 87 147 171 
Federal funds sold and securities purchased under resale agreements2,598 3,176 5,165 6,098 
Loans1,089 1,032 2,109 2,031 
Investment securities1,363 1,281 2,661 2,492 
Trading securities90 89 180 170 
Total interest income5,940 6,602 11,764 12,725 
Interest expense
Deposits1,504 1,840 3,058 3,562 
Federal funds purchased and securities sold under repurchase agreements2,393 2,875 4,691 5,485 
Trading liabilities26 35 53 58 
Other borrowed funds4 6 8 10 
Commercial paper18 29 37 43 
Customer payables166 162 317 319 
Long-term debt383 452 784 886 
Total interest expense4,494 5,399 8,948 10,363 
Net interest income1,446 1,203 2,816 2,362 
Provision for credit losses(8)(17)(15)1 
Net interest income after provision for credit losses$1,454 $1,220 $2,831 $2,361