Annual report [Section 13 and 15(d), not S-K Item 405]

Net Interest Income and Noninterest Income (Details)

v3.25.0.1
Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income      
Loans and leases $ 61,993 $ 57,124 $ 37,919
Debt securities 26,007 20,226 17,127
Federal funds sold and securities borrowed or purchased under agreements to resell 19,911 18,679 4,560
Trading account assets 10,376 8,773 5,521
Other interest income 28,320 25,460 7,438
Total interest income 146,607 130,262 72,565
Interest expense      
Deposits 38,442 26,163 4,718
Short-term borrowings 34,538 30,553 6,978
Trading account liabilities 2,191 2,043 1,538
Long-term debt 15,376 14,572 6,869
Total interest expense 90,547 73,331 20,103
Net interest income 56,060 56,931 52,462
Noninterest income      
Total fees and commissions 36,291 32,009 33,212
Market making and similar activities 12,967 12,732 12,075
Other income (loss) (3,431) (3,091) (2,799)
Total noninterest income 45,827 41,650 42,488
Rewards, rebates and compensation expense 9,500 9,300 8,800
Federal Reserve, Non-U.S. Central Banks And Other Banks      
Interest income      
Other interest income 16,800 16,000 2,600
Card income      
Noninterest income      
Card income and service charges 6,284 6,054 6,083
Interchange fees      
Noninterest income      
Card income and service charges 4,013 3,983 4,096
Other card income      
Noninterest income      
Card income and service charges 2,271 2,071 1,987
Card Income, Interchange Fees and Merchant Income      
Noninterest income      
Interchange fees, gross and merchant income 13,600 13,300 12,900
Service charges      
Noninterest income      
Card income and service charges 6,055 5,684 6,405
Deposit-related fees      
Noninterest income      
Card income and service charges 4,708 4,382 5,190
Lending-related fees      
Noninterest income      
Card income and service charges 1,347 1,302 1,215
Investment and brokerage services      
Noninterest income      
Investment and brokerage services 17,766 15,563 15,901
Asset management fees      
Noninterest income      
Investment and brokerage services 13,875 12,002 12,152
Brokerage fees      
Noninterest income      
Investment and brokerage services 3,891 3,561 3,749
Total investment banking fees      
Noninterest income      
Investment banking fees 6,186 4,708 4,823
Underwriting income      
Noninterest income      
Investment banking fees 3,275 2,235 1,970
Syndication fees      
Noninterest income      
Investment banking fees 1,221 898 1,070
Financial advisory services      
Noninterest income      
Investment banking fees $ 1,690 $ 1,575 $ 1,783