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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including loans held for sale $ 12,449 $ 9,993 $ 22,606 $ 19,913
Investment securities 784 700 1,554 1,387
Other 595 587 1,086 1,157
Total interest income 13,828 11,280 25,246 22,457
Interest expense:        
Deposits 3,120 2,874 5,835 5,686
Securitized debt obligations 164 258 340 519
Senior and subordinated notes 535 591 1,040 1,197
Other borrowings 14 11 23 21
Total interest expense 3,833 3,734 7,238 7,423
Net interest income 9,995 7,546 18,008 15,034
Provision for credit losses 11,430 3,909 13,799 6,592
Net interest income after provision for credit losses (1,435) 3,637 4,209 8,442
Non-interest income:        
Discount and interchange fees, net 1,478 1,249 2,701 2,394
Service charges and other customer-related fees 658 459 1,167 921
Other 361 252 616 559
Total non-interest income 2,497 1,960 4,484 3,874
Non-interest expense:        
Salaries and associate benefits 2,999 2,200 5,545 4,678
Occupancy and equipment 737 551 1,352 1,105
Marketing 1,345 1,064 2,547 2,074
Professional services 653 316 1,090 578
Communications and data processing 413 355 812 706
Amortization of intangibles 271 19 287 38
Other 573 441 1,260 904
Total non-interest expense 6,991 4,946 12,893 10,083
Income (loss) from continuing operations before income taxes (5,929) 651 (4,200) 2,233
Income tax provision (benefit) (1,666) 54 (1,341) 356
Income (loss) from continuing operations, net of tax (4,263) 597 (2,859) 1,877
Loss from discontinued operations, net of tax (14) 0 (14) 0
Net income (loss) (4,277) 597 (2,873) 1,877
Dividends and undistributed earnings allocated to participating securities (4) (9) (9) (32)
Preferred stock dividends (65) (57) (122) (114)
Discount on redeemed preferred stock   0   0
Net income (loss) available to common stockholders $ (4,340) $ 531 $ (2,998) $ 1,731
Basic earnings per common share:        
Net income (loss) from continuing operations (in dollars per share) $ (8.55) $ 1.39 $ (6.71) $ 4.52
Net loss from discontinued operations (in dollars per share) (0.03) 0.00 (0.03) 0.00
Net income (loss) per basic common share (in dollars per share) (8.58) 1.39 (6.74) 4.52
Diluted earnings per common share:        
Net income (loss) from continuing operations (in dollars per share) (8.55) 1.38 (6.71) 4.51
Net loss from discontinued operations (in dollars per share) (0.03) 0.00 (0.03) 0.00
Net income (loss) per diluted common share (in dollars per share) $ (8.58) $ 1.38 $ (6.74) $ 4.51