XML 26 R5.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 3,031 $ 3,028
Interest-bearing deposits and other short-term investments 54,403 40,202
Total cash and cash equivalents 57,434 43,230
Restricted cash for securitization investors 4,659 441
Securities available for sale (amortized cost basis of $97.7 billion and $93.0 billion and allowance for credit losses of $3 million and $4 million as of December 31, 2025 and 2024, respectively) 91,051 83,013
Loans held for investment:    
Total loans held for investment 453,622 327,775
Allowance for credit losses (23,409) (16,258)
Net loans held for investment 430,213 311,517
Loans held for sale ($755 million and $87 million carried at fair value as of December 31, 2025 and 2024, respectively) 760 202
Premises and equipment, net 5,602 4,511
Interest receivable 3,492 2,532
Goodwill 28,509 15,059
Other intangible assets 16,578 233
Other assets 30,711 29,406
Total assets 669,009 490,144
Liabilities:    
Interest payable 844 666
Deposits:    
Non-interest-bearing deposits 27,385 26,122
Interest-bearing deposits 448,386 336,585
Total deposits 475,771 362,707
Securitized debt obligations 12,853 14,264
Other debt:    
Federal funds purchased and securities loaned or sold under agreements to repurchase 587 562
Senior and subordinated notes 36,001 30,696
Other borrowings 1,559 29
Total other debt 38,147 31,287
Other liabilities 27,778 20,436
Total liabilities 555,393 429,360
Commitments, contingencies and guarantees (see Note 19)
Stockholders’ equity:    
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; 4,980,700 and 4,975,000 shares issued and outstanding as of December 31, 2025 and 2024, respectively) 0 0
Common stock (par value $0.01 per share; 1,000,000,000 shares authorized; 708,546,381 and 702,224,674 shares issued as of December 31, 2025 and 2024, respectively; 625,102,271 and 381,230,343 shares outstanding as of December 31, 2025 and 2024, respectively) 7 7
Additional paid-in capital, net 64,031 36,428
Retained earnings 65,192 64,505
Accumulated other comprehensive loss (5,468) (9,286)
Treasury stock, at cost (par value $0.01 per share; 83,444,110 and 320,994,331 shares as of December 31, 2025 and 2024, respectively) (10,146) (30,870)
Total stockholders’ equity 113,616 60,784
Total liabilities and stockholders’ equity 669,009 490,144
Unsecuritized loans held for investment    
Cash and cash equivalents:    
Total cash and cash equivalents 28,853 22,630
Loans held for investment:    
Total loans held for investment 425,665 298,241
Other assets 7,966 2,537
Total assets 148,459 91,439
Other debt:    
Senior and subordinated notes 32,729 30,247
Other liabilities 2,114 408
Total liabilities 34,843 30,655
Stockholders’ equity:    
Total stockholders’ equity 113,616 60,784
Total liabilities and stockholders’ equity 148,459 91,439
Loans held in consolidated trusts    
Loans held for investment:    
Total loans held for investment 27,957 29,534
Total assets 35,070 31,812
Other debt:    
Total liabilities $ 13,277 $ 14,788