The calculation of earnings per common share (EPS) and diluted EPS for the three and six months ended June 30, 2026 and 2025 is presented below. For more information on the calculation of EPS, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2025 Annual Report on Form 10-K.



	Three Months Ended June 30				Six Months Ended June 30
(In millions, except per share information)	2026		2025		2026		2025
Earnings per common share
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

Average common shares issued and outstanding	7,151.2		7,581.2		7,203.5		7,629.5
Earnings per common share	$	1.22	$	0.91	$	2.35	$	1.81

Diluted earnings per common share

Net income applicable to common shareholders	$	8,748	$	6,879	$	16,903	$	13,833
Add preferred stock dividends due to assumed conversions	56		—		112		—
Net income allocated to common shareholders	$	8,804	$	6,879	$	17,015	$	13,833
Average common shares issued and outstanding	7,151.2		7,581.2		7,203.5		7,629.5
Dilutive potential common shares	143.0		70.4		152.7		81.7
Total average diluted common shares issued and outstanding	7,294.2		7,651.6		7,356.2		7,711.2
Diluted earnings per common share	$	1.21	$	0.90	$	2.31	$	1.79