7Baggers
Quarterly
Annual
    Unit: USD2028-09-30 2025-09-30 2023-09-30 2021-12-31 2021-09-30 2020-12-31 2020-09-30 
           
      operating activities:
    		       
      net income
    		861,000,000 861,000,000 422,000,000 697,000,000 714,000,000 537,000,000 555,000,000 
      adjustments to reconcile net income to net cash from operating activities:
    		       
      deferred income tax
    		1,000,000 1,000,000 -8,000,000 -110,000,000 -37,000,000   
      amortization of other intangible assets
    		56,000,000 56,000,000 60,000,000 62,000,000 62,000,000 59,000,000 59,000,000 
      other non-cash adjustments for depreciation, amortization and accretion
    		103,000,000 103,000,000 163,000,000 297,000,000 315,000,000 2,069,000,000 -1,361,000,000 
      (gains) losses related to investment securities
    		       
      benefit from credit losses
    		9,000,000       
      change in trading account assets
    		-93,000,000 -93,000,000 -10,000,000 -37,000,000 0 25,000,000 43,000,000 
      change in accrued interest and fees receivable
    		112,000,000 112,000,000 -142,000,000 129,000,000 -48,000,000 187,000,000 -57,000,000 
      change in collateral deposits
    		11,222,000,000 11,222,000,000 1,070,000,000 61,000,000 -1,203,000,000 -4,320,000,000 1,203,000,000 
      change in unrealized losses on foreign exchange derivatives
    		 -1,778,000,000  4,683,000,000    
      change in other assets
    		-2,000,000 -2,000,000 353,000,000 412,000,000 1,723,000,000 -976,000,000 414,000,000 
      change in accrued expenses and other liabilities
    		-2,650,000,000 -2,650,000,000 -144,000,000 -2,042,000,000 -503,000,000 -696,000,000 -3,968,000,000 
      other
    		61,000,000 61,000,000 -79,000,000 140,000,000 26,000,000 -22,000,000 76,000,000 
      net cash from operating activities
    		7,901,000,000 7,901,000,000 222,000,000 4,227,000,000 388,000,000 3,376,000,000 -5,219,000,000 
      capital expenditures
    		0 0 0 0 0 0 0 
      free cash flows
    		7,901,000,000 7,901,000,000 222,000,000 4,227,000,000 388,000,000 3,376,000,000 -5,219,000,000 
      investing activities:
    		       
      net increase in interest-bearing deposits with banks
    		-3,806,000,000 -3,806,000,000      
      net increase in securities purchased under resale agreements
    		545,000,000       
      proceeds from sales of available-for-sale securities
    		2,390,000,000 2,390,000,000 3,873,000,000 3,570,000,000 2,398,000,000 400,000,000 159,000,000 
      proceeds from maturities of available-for-sale securities
    		7,649,000,000 7,649,000,000 4,376,000,000 7,203,000,000 5,191,000,000 7,387,000,000 6,110,000,000 
      purchases of available-for-sale securities
    		-9,452,000,000 -9,452,000,000 -7,035,000,000 -13,778,000,000 -11,407,000,000 -7,529,000,000 -13,583,000,000 
      proceeds from maturities of held-to-maturity securities
    		2,376,000,000 2,376,000,000 1,457,000,000 3,022,000,000 4,678,000,000 4,316,000,000 4,822,000,000 
      purchases of held-to-maturity securities
    		  -2,000,000 -2,599,000,000 -2,914,000,000 -4,987,000,000 -4,997,000,000 
      sale of loans
    		37,000,000 37,000,000 75,000,000 108,000,000 24,000,000   
      net increase in loans
    		566,000,000 566,000,000      
      business acquisitions, net of cash acquired
    		   0 -89,000,000   
      purchases of equity investments and other long-term assets
    		-101,000,000 -101,000,000  -94,000,000 -16,000,000 -199,000,000 -427,000,000 
      purchases of premises and equipment
    		-243,000,000 -243,000,000 -135,000,000 -255,000,000 -197,000,000 -136,000,000 -153,000,000 
      net cash from investing activities
    		57,000,000 57,000,000 10,168,000,000 -1,694,000,000 2,610,000,000  12,173,000,000 
      financing activities:
    		       
      net decrease in time deposits
    		1,164,000,000 1,164,000,000      
      net increase in all other deposits
    		-4,188,000,000 -4,188,000,000  -5,616,000,000 -4,497,000,000 40,605,000,000 -900,000,000 
      net increase in securities sold under repurchase agreements
    		-2,171,000,000 -2,171,000,000 -1,197,000,000 938,000,000 -20,000,000   
      net increase in other short-term borrowings
    		-19,000,000 -19,000,000   -86,000,000 -6,481,000,000 3,843,000,000 
      proceeds from issuance of long-term debt, net of issuance costs
    		0 0 1,494,000,000 499,000,000 0 -8,000,000 0 
      payments for long-term debt and obligations under finance leases
    		-1,314,000,000 -1,314,000,000 -13,000,000 87,000,000 -8,000,000 -1,700,000,000 -8,000,000 
      payments for redemption of preferred stock
    		   0 0 0 0 
      proceeds from issuance of preferred stock, net of issuance costs
    		0 0      
      repurchases of common stock
    		-400,000,000 -400,000,000 -1,000,000,000 0 0 0 0 
      repurchases of common stock for employee tax withholding
    		-16,000,000 -16,000,000 -12,000,000 -33,000,000 0 -12,000,000 -14,000,000 
      payments for cash dividends
    		-275,000,000 -275,000,000 -227,000,000 -243,000,000 -199,000,000 -223,000,000 -221,000,000 
      net cash from financing activities
    		-7,222,000,000 -7,222,000,000 -10,311,000,000 -3,508,000,000 -3,011,000,000 34,655,000,000  
      net increase in cash and due from banks
    		736,000,000 736,000,000      
      cash and due from banks at beginning of period
    		0 0 0 0 0 0 0 
      cash and due from banks at end of period
    		736,000,000 736,000,000 79,000,000 -975,000,000 -13,000,000 -1,381,000,000 1,163,000,000 
      supplemental disclosure:
    		       
      interest paid
    		2,306,000,000 2,306,000,000 1,578,000,000     
      income taxes paid
    		82,000,000 82,000,000 43,000,000     
      standard
    		       
      asu 2025-06, intangibles-goodwill and other-internal-use software (subtopic 350-40): targeted improvements to the accounting for internal-use software
    		       
      asu 2024-03, income statement (subtopic 220-40): reporting comprehensive income - expense disaggregation disclosures
    		       
      asu 2023-09, income taxes (topic 740): improvements to income tax disclosures
    		       
      change in unrealized losses (gains) on foreign exchange derivatives
    		     6,586,000,000 -2,145,000,000 
      losses related to investment securities
    		   -58,000,000    
      provision for credit losses
    		 9,000,000  -7,000,000    
      net decrease in securities purchased under resale agreements
    		  -148,000,000 -165,000,000    
      change in unrealized (gains) losses on foreign exchange derivatives
    		       
      net decrease in interest-bearing deposits with banks
    		  9,292,000,000 1,195,000,000    
      net (increase) in loans
    		  -1,597,000,000 94,000,000 -2,054,000,000  -174,000,000 
      net increase in time deposits
    		  2,030,000,000  -101,000,000 1,680,000,000 -2,049,000,000 
      net decrease in all other deposits
    		  -11,341,000,000     
      net decrease in short-term borrowings
    		  -45,000,000     
      net decrease in cash and due from banks
    		  79,000,000     
      assets:
    		       
      trading account assets:
    		       
      u.s. government securities
    		       
      non-u.s. government securities
    		       
      total trading account assets
    		       
      available-for-sale investment securities:
    		       
      u.s. treasury and federal agencies:
    		       
      direct obligations
    		       
      mortgage-backed securities
    		       
      total u.s. treasury and federal agencies
    		       
      non-u.s. debt securities:
    		       
      asset-backed securities
    		       
      non-u.s. sovereign, supranational and non-u.s. agency
    		       
      total non-u.s. debt securities
    		       
      asset-backed securities:
    		       
      student loans
    		       
      collateralized loan obligations
    		       
      non-agency cmbs and rmbs
    		       
      total asset-backed securities
    		       
      state and political subdivisions
    		       
      other u.s. debt securities
    		       
      total available-for-sale investment securities
    		       
      other assets:
    		       
      derivative instruments:
    		       
      foreign exchange contracts
    		       
      interest rate contracts
    		       
      total derivative instruments
    		       
      total assets carried at fair value
    		       
      liabilities:
    		       
      accrued expenses and other liabilities:
    		       
      other derivative contracts
    		       
      total liabilities carried at fair value
    		       
      purchases of held-to-maturity securities under the mmlf program
    		     0 0 
      proceeds from maturities of held-to-maturity securities under the mmlf program
    		   0 0 1,527,000,000 6,443,000,000 
      divestitures
    		   0 0   
      net increase in short-term borrowings under money market liquidity facility
    		   0 0 -1,517,000,000 -6,442,000,000 
      proceeds from issuance of common stock, net of issuance costs
    		   0    
      net increase
    		   -975,000,000 -13,000,000 -1,381,000,000 1,163,000,000 
      net (decrease) in time deposits
    		       
      net (decrease) in other short-term borrowings
    		       
      losses (gains) related to investment securities
    		     -2,000,000 0 
      foreign sovereign, supranational and non-u.s. agency
    		       
      net (increase) in loans and leases
    		       
      net cash (used in) by investing activities
    		       
      fair value
    		       
      investment securities
    		       
      loans
    		       
      goodwill and other intangible assets
    		       
      derivative financial instruments
    		       
      offsetting arrangements
    		       
      contingencies
    		       
      variable interest entities
    		       
      equity-based compensation
    		       
      income taxes
    		       
      earnings per common share
    		       
      revenue from contracts with customers
    		       
      deferred income tax expense
    		      -38,000,000 
      net decrease (increase) in interest-bearing deposits with banks
    		      14,232,000,000 
      net decrease (increase) in securities purchased under resale agreements
    		      -473,000,000 
      credit cards
    		       
      government securities
    		       
      collateralized mortgage obligations
    		       
      trading account liabilities:
    		       
      net cash (used in) financing activities
    		       
      •
    		       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.