Wells Fargo & Company (WFC) 10-K 25 Feb 25 2024 FY Annual report Financial data

Document - Cover page

Document - Cover page - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2024	Feb. 14, 2025	Jun. 28, 2024
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	001-2979
Entity Registrant Name	WELLS FARGO & COMPANY/MN
Entity Central Index Key	0000072971
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-0449260
Entity Address, Address Line One	420 Montgomery Street
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94104
City Area Code	415
Local Phone Number	371-2921
Title of 12(g) Security	Dividend Equalization Preferred Shares, no par value
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 201.6
Entity Common Stock, Shares Outstanding		3,288,186,582
Documents Incorporated by Reference [Text Block]	Incorporated Documents Where incorporated in Form 10-K 1. Portions of the Company’s Annual Report to Shareholders for the year ended December 31, 2024 (“2024 Annual Report to Shareholders”) Part I – Items 1, 1A, 1C and 3; Part II – Items 5, 7, 7A, 8 and 9A; and Part IV– Item 15 2. Portions of the Company’s Proxy Statement for the 2025 Annual Meeting of Shareholders (“2025 Proxy Statement”) Part III – Items 10, 11, 12, 13 and 14
Common Stock, par value $1-2/3
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, par value $1-2/3
Trading Symbol	WFC
Security Exchange Name	NYSE
7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L [Member]
Entity Information [Line Items]
Title of 12(b) Security	7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L
Trading Symbol	WFC.PRL
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y
Trading Symbol	WFC.PRY
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z
Trading Symbol	WFC.PRZ
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series AA
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series AA
Trading Symbol	WFC.PRA
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series CC
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series CC
Trading Symbol	WFC.PRC
Security Exchange Name	NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DD
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DD
Trading Symbol	WFC.PRD
Security Exchange Name	NYSE
Guarantee of Medium-Term Notes, Series A, due October 30, 2028 of Wells Fargo Finance LLC [Member]
Entity Information [Line Items]
Title of 12(b) Security	Guarantee of Medium-Term Notes, Series A, due October 30, 2028 of Wells Fargo Finance LLC
Trading Symbol	WFC/28A
Security Exchange Name	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Charlotte, NC
Auditor Firm ID	185

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest income
Debt securities	$ 18,042	$ 16,108	$ 11,781
Loans held for sale	491	363	513
Loans	57,895	57,155	37,715
Equity securities	677	682	707
Other interest income	13,672	10,810	3,308
Total interest income	90,777	85,118	54,024
Interest expense
Deposits	24,282	16,503	2,349
Short-term borrowings	5,311	3,848	582
Long-term debt	12,463	11,572	5,505
Other interest expense	1,045	820	638
Total interest expense	43,101	32,743	9,074
Net interest income	47,676	52,375	44,950
Noninterest income
Deposit and lending-related fees	6,515	6,140	6,713
Card fees	4,342	4,256	4,355
Mortgage banking	1,047	829	1,383
Net gains (losses) from trading and securities	5,434	4,368	1,461
Other	2,321	1,935	2,821
Total noninterest income	34,620	30,222	29,418
Total revenue	82,296	82,597	74,368
Provision for credit losses	4,334	5,399	1,534
Noninterest expense
Personnel	35,729	35,829	34,340
Technology, telecommunications and equipment	4,583	3,920	3,375
Occupancy	3,052	2,884	2,881
Operating losses	1,757	1,183	6,984
Professional and outside services	4,607	5,085	5,188
Advertising and promotion	869	812	505
Other	4,001	5,849	3,932
Total noninterest expense	54,598	55,562	57,205
Income (loss) before income tax expense	23,364	21,636	15,629
Income tax expense (benefit)	3,399	2,607	2,251
Net income (loss) before noncontrolling interests	19,965	19,029	13,378
Net income (loss) from noncontrolling interests	243	(113)	(299)
Wells Fargo net income (loss)	19,722	19,142	13,677
Preferred stock dividends and other	1,116	1,160	1,115
Wells Fargo net income (loss) applicable to common stock	$ 18,606	$ 17,982	$ 12,562
Per share information
Earnings per common share (in dollars per share)	$ 5.43	$ 4.88	$ 3.30
Diluted earnings per common share (in dollars per share)	$ 5.37	$ 4.83	$ 3.27
Average common shares outstanding (in shares)	3,426.1	3,688.3	3,805.2
Diluted average common shares outstanding (in shares)	3,467.6	3,720.4	3,837
Investment advisory and other asset-based fees [Member]
Noninterest income
Fee income	$ 9,775	$ 8,670	$ 9,004
Commissions and brokerage services fees [Member]
Noninterest income
Fee income	2,521	2,375	2,242
Investment banking fees [Member]
Noninterest income
Fee income	$ 2,665	$ 1,649	$ 1,439

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Supplemental Income Statement Elements [Abstract]
Net income (loss) before noncontrolling interests	$ 19,965	$ 19,029	$ 13,378
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Net change in debt securities	(292)	1,271	(10,500)
Net change in derivatives and hedging activities	(268)	411	(1,090)
Defined benefit plans adjustments	160	68	154
Other	(196)	34	(178)
Other comprehensive income (loss), after tax	(596)	1,784	(11,614)
Total comprehensive income (loss) before noncontrolling interests	19,369	20,813	1,764
Other comprehensive income (loss) from noncontrolling interests	0	2	2
Net income (loss) from noncontrolling interests	243	(113)	(299)
Wells Fargo comprehensive income (loss)	$ 19,126	$ 20,924	$ 2,061

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks		$ 37,080	$ 33,026
Interest-earning deposits with banks		166,281	204,193
Federal funds sold and securities purchased under resale agreements		105,330	80,456
Trading, at fair value		121,205	97,302
Available-for-sale, at fair value		162,978	130,448
Held-to-maturity, at amortized cost		234,948	262,708
Loans held for sale		6,260	4,936
Total loans		912,745	936,682
Allowance for loan losses		(14,183)	(14,606)
Net loans		898,562	922,076
Mortgage servicing rights		7,779	8,508
Premises and equipment, net		10,297	9,266
Goodwill		25,167	25,175
Derivative assets		20,012	18,223
Equity securities		60,644	57,336
Other assets		73,302	78,815
Total assets	[1]	1,929,845	1,932,468
Liabilities
Noninterest-bearing deposits		383,616	360,279
Interest-bearing deposits		988,188	997,894
Total deposits		1,371,804	1,358,173
Short-term borrowings		108,806	89,559
Derivative liabilities		16,335	18,495
Accrued expenses and other liabilities		78,756	71,210
Long-term debt		173,078	207,588
Total liabilities	[2]	1,748,779	1,745,025
Wells Fargo stockholders’ equity:
Preferred stock		18,608	19,448
Common stock		9,136	9,136
Additional paid-in capital		60,817	60,555
Retained earnings		214,198	201,136
Accumulated other comprehensive income (loss)		(12,176)	(11,580)
Treasury stock, at cost		(111,463)	(92,960)
Total Wells Fargo stockholders’ equity		179,120	185,735
Noncontrolling interests		1,946	1,708
Total equity		181,066	187,443
Total liabilities and equity		$ 1,929,845	$ 1,932,468
[1] Our consolidated assets at December 31 2024 and 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $11.2 billion and $4.9 billion; all other assets, $671 million and $435 million; and Total assets, $11.9 billion and $5.3 billion, respectively. Our consolidated liabilities at December 31, 2024 and 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $2.2 billion and $0; Accrued expenses and other liabilities, $124 million and $115 million; and Total liabilities $2.4 billion and $115 million, respectively.

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Assets [Abstract]
Trading, at fair value		$ 121,205	$ 97,302
Available-for sale, at amortized cost, net of allowance for credit losses, including portfolio level basis adjustments		170,607	137,155
Available-for-sale, at fair value		162,978	130,448
Held-to-maturity, at fair value		193,779	227,316
Equity securities		60,644	57,336
Total loans		912,745	936,682
Assets	[1]	1,929,845	1,932,468
Liabilities
Long-term debt		173,078	207,588
Accrued expenses and other liabilities		78,756	71,210
Liabilities	[2]	1,748,779	1,745,025
Wells Fargo stockholders’ equity:
Preferred stock, aggregate liquidation preference		$ 19,376	$ 20,216
Common stock, par value (in dollars per share)		$ 1.6666	$ 1.6666
Common stock, shares authorized		9,000,000,000	9,000,000,000
Common stock, shares issued		5,481,811,474	5,481,811,474
Treasury stock, shares		2,192,867,645	1,882,948,892
Fair value, recurring [Member]
Assets [Abstract]
Loans held for sale, carried at fair value		$ 4,713	$ 2,892
Equity securities, carried at fair value		22,322	19,841
Equity securities		22,322	19,841
Other assets		168	49
Liabilities
Interest-bearing deposits, carried at fair value		318	1,297
Accrued expenses and other liabilities, carried at fair value		28,530	25,335
Long-term debt, carried at fair value		3,495	2,308
Residential mortgage servicing rights [Member]
Assets [Abstract]
Mortgage servicing rights, carried at fair value		6,844	7,468
Residential mortgage servicing rights [Member] | Fair value, recurring [Member]
Assets [Abstract]
Mortgage servicing rights, carried at fair value		6,844	7,468
Fair value option election [Member]
Liabilities
Interest-bearing deposits, carried at fair value		318	1,297
Long-term debt, carried at fair value		3,495	2,308
Fair value option election [Member] | Fair value, recurring [Member]
Assets [Abstract]
Loans held for sale, carried at fair value		4,713	2,892
Liabilities
Interest-bearing deposits, carried at fair value		318	1,297
Short-term borrowings, carried at fair value		266	219
Long-term debt, carried at fair value		3,495	2,308
Pledged to counterparties that had the right to sell or repledge [Member]
Assets [Abstract]
Trading, at fair value		86,142	62,537
Available-for-sale, at fair value		3,078	5,055
Equity securities		9,774	2,683
Assets		99,455	70,770
Carrying value [Member]
Liabilities
Long-term debt		169,567	205,261
VIEs that we consolidate [Member] | Carrying value [Member]
Assets [Abstract]
Total loans		11,185	4,880
All other assets		671	435
Assets		11,900	5,300
Liabilities
Long-term debt		2,240	0
Accrued expenses and other liabilities		124	115
VIEs that we consolidate [Member] | Carrying value [Member] | Nonrecourse [Member]
Liabilities
Long-term debt		2,200	0
Accrued expenses and other liabilities		124	115
Liabilities		$ 2,400	$ 115
[1] Our consolidated assets at December 31 2024 and 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $11.2 billion and $4.9 billion; all other assets, $671 million and $435 million; and Total assets, $11.9 billion and $5.3 billion, respectively. Our consolidated liabilities at December 31, 2024 and 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $2.2 billion and $0; Accrued expenses and other liabilities, $124 million and $115 million; and Total liabilities $2.4 billion and $115 million, respectively.

Consolidated Statement of Chang

Consolidated Statement of Changes in Equity - USD ($) $ in Millions	Total	Total Wells Fargo stockholders' equity [Member]	Preferred stock [Member]	Common stock [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Retained earnings [Member] Cumulative effect from change in accounting policies, period of adoption adjustment [Member]	[1]	Retained earnings [Member] Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member]	Accumulative other comprehensive income (loss) [Member]	Treasury stock [Member]	Unearned ESOP shares [Member]	Noncontrolling interests [Member]
Balance, beginning of period at Dec. 31, 2021			$ 20,057	$ 9,136	$ 60,196	$ 180,146				$ (1,746)	$ (79,757)	$ (646)	$ 2,503
Stockholders' Equity Period Increase (Decrease)
Stock issued			0								2,181
Stock redeemed			(609)
Stock-based compensation					1,002
Stock issued for employee plans, net					(900)
Other					21
Net income (loss)						13,677							(299)
Common stock dividends						(4,243)
Preferred stock dividends						(1,115)
Other comprehensive income (loss), net of tax	$ (11,614)	$ (11,616)								(11,616)			2
Stock repurchased											(6,033)
ESOP Preferred stock redeemed												646
Common stock issued to ESOP											747	(618)
Common stock released by ESOP												189
Stockholders' Equity, Other						(497)					9		(220)
Balance, end of period at Dec. 31, 2022	182,213		19,448	9,136	60,319	187,968				(13,362)	(82,853)	(429)	1,986
Balance, end of period (Accounting Standards Update 2022-02 [Member]) at Dec. 31, 2022							$ 323		$ 188,291
Stockholders' Equity Period Increase (Decrease)
Stock issued			1,725								1,892
Stock redeemed			(1,725)
Stock-based compensation					1,122
Stock issued for employee plans, net					(986)
Other					100
Net income (loss)						19,142							(113)
Common stock dividends						(4,879)
Preferred stock dividends						(1,141)
Other comprehensive income (loss), net of tax	1,784	1,782								1,782			2
Stock repurchased											(11,954)
ESOP Preferred stock redeemed												0
Common stock issued to ESOP											0	0
Common stock released by ESOP												429
Stockholders' Equity, Other						(277)					(45)		(167)
Balance, end of period at Dec. 31, 2023	187,443		19,448	$ 9,136	60,555	201,136				(11,580)	(92,960)	0	1,708
Balance, end of period (Accounting Standards Update 2023-02 [Member]) at Dec. 31, 2023							$ (158)		$ 200,978
Stockholders' Equity Period Increase (Decrease)
Stock issued			2,000								1,110
Stock redeemed			(2,840)
Stock-based compensation					1,281
Stock issued for employee plans, net					(1,162)
Other					143
Net income (loss)						19,722							243
Common stock dividends						(5,243)
Preferred stock dividends						(1,099)
Other comprehensive income (loss), net of tax	(596)	$ (596)								(596)			0
Stock repurchased											(19,630)
ESOP Preferred stock redeemed												0
Common stock issued to ESOP											0	0
Common stock released by ESOP												0
Stockholders' Equity, Other						(160)					17		(5)
Balance, end of period at Dec. 31, 2024	$ 181,066		$ 18,608		$ 60,817	$ 214,198				$ (12,176)	$ (111,463)	$ 0	$ 1,946
[1] Effective January 1, 2024, we adopted ASU 2023-02 – Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . For additional information, see Note 1 (Summary of Significant Accounting Policies). Effective January 1, 2023, we adopted ASU 2022-02 – Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures .

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net income (loss) before noncontrolling interests		$ 19,965	$ 19,029	$ 13,378
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses		4,334	5,399	1,534
Changes in fair value of MSRs and LHFS carried at fair value		265	851	(1,326)
Depreciation, amortization and accretion		7,558	6,271	6,832
Deferred income tax expense (benefit)		(911)	(50)	1,239
Other, net		(1,737)	7,149	(14,524)
Originations and purchases of loans held for sale		(37,992)	(30,365)	(74,910)
Proceeds from sales of and paydowns on loans originally classified as held for sale		31,824	26,793	65,418
Net change in:
Debt and equity securities, held for trading		(20,491)	3,349	31,579
Derivative assets and liabilities		(3,794)	4,155	7,850
Other assets		3,192	(6,838)	(9,162)
Other accrued expenses and liabilities		822	4,615	(860)
Net cash provided (used) by operating activities		3,035	40,358	27,048
Net change in:
Federal funds sold and securities purchased under resale agreements		(27,022)	(12,729)	(704)
Available-for-sale debt securities:
Proceeds from sales		27,901	14,651	16,895
Paydowns and maturities		34,331	14,872	19,791
Purchases		(95,464)	(26,051)	(40,104)
Held-to-maturity debt securities:
Paydowns and maturities		27,896	18,372	27,666
Purchases		0	(4,225)	(2,360)
Equity securities, not held for trading:
Proceeds from sales and capital returns		3,812	2,244	4,326
Purchases		(8,363)	(5,811)	(6,984)
Loans:
Loans originated, net of principal collected		18,663	11,691	(73,512)
Proceeds from sales of loans originally classified as held for investment		3,631	4,275	12,446
Purchases of loans		(843)	(1,637)	(741)
Other, net		(193)	391	805
Net cash provided (used) by investing activities		(15,651)	16,043	(42,476)
Net change in:
Deposits		13,631	(25,812)	(98,494)
Short-term borrowings		18,710	38,414	16,564
Long-term debt:
Proceeds from issuance		29,014	49,071	53,737
Repayment		(55,582)	(22,886)	(19,587)
Preferred stock:
Proceeds from issuance		1,997	1,722	0
Redeemed		(2,840)	(1,725)	0
Cash dividends paid		(1,099)	(1,141)	(1,115)
Common stock:
Repurchased		(19,448)	(11,851)	(6,033)
Cash dividends paid		(5,133)	(4,789)	(4,178)
Other, net		(784)	(509)	(539)
Net cash provided (used) by financing activities		(21,534)	20,494	(59,645)
Net change in cash, cash equivalents, and restricted cash		(34,150)	76,895	(75,073)
Cash, cash equivalents, and restricted cash at beginning of period	[1]	236,052	159,157	234,230
Cash, cash equivalents, and restricted cash at end of period	[1]	201,902	236,052	159,157
Supplemental cash flow disclosures:
Cash paid for interest		43,619	30,431	8,289
Net cash paid (refunded) for income taxes		1,664	(1,786)	3,376
Significant non-cash activities:
Transfers from available-for-sale debt securities to held-to-maturity debt securities		0	3,687	50,132
Transfers from loans to loans held for sale		626	1,920	6,586
Reclassification of long-term debt to accrued expenses and other liabilities	[2]	4,927	0	0
Fixed rate securities [Member]
Significant non-cash activities:
Transfers from held-to-maturity debt securities to available-for-sale debt securities		$ 0	$ 23,919	$ 0
[1]Includes Cash and due from banks and Interest-earning deposits with banks on our consolidated balance sheet and excludes time deposits, which are included in Interest-earning deposits with banks[2] Effective January 1, 2024, we reclassified unfunded commitment liabilities for affordable housing investments in connection with the adoption of ASU 2023-02. For additional information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1: Summary of Significant Accounting Policies Wells Fargo & Company is a leading financial services company. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, to individuals, businesses and institutions throughout the U.S., and in countries outside the U.S. When we refer to “Wells Fargo,” “the Company,” “we,” “our” or “us,” we mean Wells Fargo & Company and Subsidiaries (consolidated). Wells Fargo & Company (the Parent) is a financial holding company and a bank holding company. Our accounting and reporting policies conform with U.S. generally accepted accounting principles (GAAP) and practices in the financial services industry. To prepare the financial statements in conformity with GAAP, management must make estimates based on assumptions about future economic and market conditions (for example, unemployment, market liquidity, real estate prices, etc.) that affect the reported amounts of assets and liabilities at the date of the financial statements, income and expenses during the reporting period and the related disclosures. Although our estimates contemplate current conditions and how we expect them to change in the future, it is reasonably possible that actual conditions could be worse than anticipated in those estimates, which could materially affect our results of operations and financial condition. Management has made significant estimates in several areas, including: • allowance for credit losses (Note 5 (Loans and Related Allowance for Credit Losses) and Note 3 (Available-for-Sale and Held-to-Maturity Debt Securities)); • fair value measurements (Note 6 (Mortgage Banking Activities) and Note 15 (Fair Value Measurements)); • liability for legal actions (Note 13 (Legal Actions)); • income taxes; and • goodwill impairment (Note 7 (Intangible Assets and Other Assets)). Actual results could differ from those estimates. Accounting Standards Adopted in 2024 In 2024, we adopted the following new accounting guidance: • Accounting Standards Update (ASU) 2023-02, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method • ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions • ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ASU 2023-02 expands the use of the proportional amortization method of accounting for tax credit investments, which previously was limited to affordable housing investments that generate low-income housing tax credits. Upon adoption of the Update, an entity may elect to account for equity investments that generate income tax credits and benefits using the proportional amortization method if certain eligibility criteria are met. The proportional amortization method amortizes the cost of a tax credit investment in proportion to the income tax credits and income tax benefits received. The amortization and related income tax credits and benefits are recorded on a net basis within income tax expense. The cost of an investment includes unfunded commitments that are either legally binding or contingent but probable of funding. Such unfunded commitments are not recognized under other methods of accounting. We adopted the Update on January 1, 2024, on a modified retrospective basis with a cumulative effect adjustment to retained earnings. Upon adoption, we elected to account for eligible investments in our renewable energy tax credit portfolio using the proportional amortization method. These investments were previously accounted for using the equity method. We also elected to continue use of the proportional amortization method to account for our affordable housing investments. In addition, we elected to classify liabilities recognized for unfunded commitments related to proportional amortization method investments in accrued expenses and other liabilities on our consolidated balance sheet, including a change to unfunded commitments for affordable housing investments that were previously included in long-term debt. Prior period amounts were not impacted by these accounting changes. Table 1.1 presents the transition adjustments recorded upon the adoption of ASU 2023-02 as of January 1, 2024. Table 1.1: Transition Adjustment of ASU 2023-02 (in millions) Dec 31, Transition adjustment upon adoption Jan 1, Selected Balance Sheet Data Equity securities $ 57,336 1,700 59,036 Other assets 78,815 548 79,363 Accrued expenses and other liabilities 71,210 7,333 78,543 Long-term debt 207,588 (4,927) 202,661 Retained earnings 201,136 (158) 200,978 ASU 2022-03 clarifies the guidance regarding the measurement of fair value of equity securities subject to contractual restrictions that prohibit the sale of the security. Specifically, that such restrictions are not part of the unit of account of the security and therefore are not considered when measuring fair value. We adopted the Update on January 1, 2024, on a prospective basis. The Update did not have a material impact to our consolidated financial statements. Consolidation Our consolidated financial statements include the accounts of the Parent and our subsidiaries in which we have a controlling financial interest. When our consolidated subsidiaries follow specialized industry accounting, that accounting is retained in consolidation. Significant intercompany accounts and transactions are eliminated in consolidation. We are also a variable interest holder in certain entities in which equity investors do not have the characteristics of a controlling financial interest or where the entity does not have enough equity at risk to finance its activities without additional subordinated financial support from other parties (collectively referred to as variable interest entities (VIEs)). Our variable interest arises from contractual, ownership or other monetary interests in the entity, which change with fluctuations in the fair value of the entity’s net assets. We consolidate a VIE if we are the primary beneficiary, which is when we have both the power to direct the activities that most significantly impact the VIE and a variable interest that could potentially be significant to the VIE. To determine whether or not a variable interest we hold could potentially be significant to the VIE, we consider both qualitative and quantitative factors regarding the nature, size and form of our involvement with the VIE. We assess whether or not we are the primary beneficiary of a VIE on an ongoing basis. When we have significant influence over operating and financing decisions for a company but do not own a majority of the voting equity interests, we account for the investment using the equity method of accounting, which requires us to recognize our proportionate share of the company’s earnings. If we do not have significant influence, we account for the equity security under the fair value method, cost meth od or measurement alternative. Noncontrolling interests represent the portion of net income and equity attributable to third-party owners of consolida ted subsidiaries that are not wholly-owned by Wells Fargo. Substantially all of our noncontrolling interests relate to our affiliated venture capital businesses. Cash, Cash Equivalents, and Restricted Cash Cash, cash equivalents, and restricted cash are included in cash and due from banks and interest-earning deposits from banks on our consolidated balance sheet. Amounts include cash on hand, cash items in transit, and amounts due from or held with other depository institutions. See Note 26 (Regulatory Capital Requirements and Other Restrictions) for additional information on the restrictions on cash and cash equivalents. Trading Activities We engage in trading activities to accommodate the investment and risk management activities of our customers. These activities predominantly occur in our Corporate and Investment Banking reportable operating segment. Trading assets and liabilities include debt securities, equity securities, loans held for sale, derivatives, structured debt liabilities, and short sales, which are reported within our consolidated balance sheet based on the accounting classification of the instrument. In addition, certain instruments that we have elected to account for under the fair value method, such as debt securities that are held for investment purposes and structured debt liabilities, are classified as trading. Our trading assets and liabilities are carried on our consolidated balance sheet at fair value with changes in fair value recognized in net gains from trading and securities within noninterest income. Interest income and interest expense are recognized in net interest income. Customer accommodation trading activities include our actions as an intermediary to buy and sell financial instruments and market-making activities. We also take positions to manage our exposure to customer accommodation activities. We hold financial instruments for trading in long positions, as well as short positions, to facilitate our trading activities. As an intermediary, we interact with market buyers and sellers to facilitate the purchase and sale of financial instruments to meet the anticipated or current needs of our customers. For example, we may purchase or sell a derivative to a customer who wants to manage interest rate risk exposure. We typically enter into an offsetting derivative or security position to manage our exposure to the customer transaction. We earn income based on the transaction price difference between the customer transaction and the offsetting position, which is reflected in earnings where the fair value changes and related interest income and expense of the positions are recorded. Our market-making activities include taking long and short trading positions to facilitate customer order flow. These activities are typically executed on a short-term basis. As a market-maker we earn income due to: (1) the difference between the price paid or received for the purchase and sale of the security (bid-ask spread), (2) the net interest income of the positions, and (3) the changes in fair value of the trading positions held on our consolidated balance sheet. Additionally, we may enter into separate derivative or security positions to manage our exposure related to our long and short trading positions taken in our market-making activities. Income earned on these market-making activities are reflected in earnings where the fair value changes and related interest income and expense of the positions are recorded. Available-for-Sale and Held-to-Maturity Debt Securities Our investments in debt securities that are not held for trading purposes are classified as either available-for-sale (AFS) or held-to-maturity (HTM). Investments in debt securities for which the Company has the positive intent and ability to hold to maturity are classified as HTM. HTM debt securities are recognized at amortized cost, net of the allowance for credit losses (ACL). Our remaining investments in debt securities not held for trading purposes are classified as AFS. AFS debt securities are recognized at fair value, with unrealized gains and losses reported in other comprehensive income (OCI). Unrealized gains and losses reported in OCI are based on the difference between amortized cost and fair value, net of the ACL and applicable income taxes. For both AFS and HTM debt securities, amortized cost is the unpaid principal amount, net of unamortized basis adjustments. Basis adjustments may include purchase premiums or discounts, fair value hedge accounting basis adjustments, fair value write-downs related to recognition of intent or required to sell impairment losses, and charge-offs or recoveries of amounts deemed uncollectible. Accrued interest receivable is not included in the amortized cost. See Note 3 (Available-for-Sale and Held-to-Maturity Debt Securities) for additional information. INTEREST INCOME AND GAIN/LOSS RECOGNITION. Unamortized premiums and discounts are recognized in interest income over the contractual life of the security using the effective interest method, except for purchased callable debt securities carried at a premium. For purchased callable debt securities carried at a premium, the premium is amortized into interest income to the next call date using the effective interest method. As principal repayments are received on securities (e.g., mortgage-backed securities (MBS)), a proportionate amount of the related premium or discount is recognized in income such that the effective interest rate on the remaining portion of the security continues unchanged. We recognize realized gains and losses on the sale of debt securities in net gains from trading and securities within noninterest income using the specific identification method. IMPAIRMENT AND CREDIT LOSSES. Unrealized losses on AFS debt securities are driven by a number of factors, including changes in interest rates and credit spreads which impact most types of debt securities, and prepayment rates which impact MBS and collateralized loan obligations (CLO). Additional considerations for certain types of AFS debt securities include: • Debt securities of U.S. Treasury and federal agencies, including federal agency MBS, are not impacted by credit movements given the explicit or implicit guarantees provided by the U.S. government. • Debt securities of U.S. states and political subdivisions are most impacted by changes in the relationship between municipal and term funding credit curves rather than by changes in the credit quality of the underlying securities. • Structured securities, such as MBS and CLO, are also impacted by changes in projected collateral losses of assets underlying the security. For AFS debt securities where fair value is less than amortized cost basis, we recognize impairment in earnings if we have the intent to sell the security or if it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. Impairment is recognized in net gains on trading and securities within noninterest income equal to the difference between the amortized cost basis, net of ACL, and the fair value of the AFS debt security. Following the recognition of this impairment, the AFS debt security’s new amortized cost basis is fair value. For AFS debt securities where fair value is less than amortized cost basis where we did not recognize impairment in earnings, we record an ACL as of the balance sheet date to the extent unrealized loss is due to credit losses. See the “Allowance for Credit Losses” section in this Note for our accounting policies relating to the ACL for debt securities, which also includes debt securities classified as HTM. TRANSFERS BETWEEN CATEGORIES OF DEBT SECURITIES. Transfers of debt securities from the AFS to HTM classification are recorded at fair value, and accordingly the amortized cost of the security transferred to HTM is adjusted to fair value. Unrealized gains or losses reported in AOCI at the transfer date are amortized into earnings over the same period as the unamortized premiums and discounts using the effective interest method. Any ACL previously recorded under the AFS debt security model is reversed and an ACL under the HTM debt security model is re-established. The reversal and re-establishment of the ACL are recorded in provision for credit losses. Transfers of debt securities from the HTM to AFS classification are recorded at fair value. The HTM amortized cost becomes the AFS amortized cost, and the debt security is remeasured at fair value with the unrealized gains and losses reported in OCI. Any ACL previously recorded under the HTM debt security model is reversed and an ACL under the AFS debt security model is re-established. The reversal and re-establishment of the ACL are recorded in provision expense. Transfers from HTM to AFS are only expected to occur under limited circumstances. NONACCRUAL AND PAST DUE, AND CHARGE-OFF POLICIES. We generally place debt securities on nonaccrual status using factors similar to those described for loans. When we place a debt security on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and suspend the amortization of premiums and accretion of discounts. If the ultimate collectability of the principal is in doubt on a nonaccrual debt security, any cash collected is first applied to reduce the security’s amortized cost basis to zero, followed by recovery of amounts previously charged off, and subsequently to interest income. Generally, we return a debt security to accrual status when all delinquent interest and principal become current under the contractual terms of the security and collectability of remaining principal and interest is no longer doubtful. Our debt securities are considered past due when contractually required principal or interest payments have not been made on the due dates. Our charge-off policy for debt securities is similar to our charge-off policy for commercial loans. Subsequent to charge-off, the debt security will be designated as nonaccrual and follow the process described above for any cash received. Collateralized Financing Agreements Resale and repurchase agreements, as well as securities borrowing and lending agreements, are accounted for as collateralized financing transactions and are recorded at the acquisition or sale price plus accrued interest. We monitor the fair value of securities or other assets purchased and sold as well as the collateral pledged and received. Additional collateral is pledged or returned to maintain the appropriate collateral position for the transactions. These financing transactions do not create material credit risk given the collateral provided and the related monitoring process. We include securities purchased under securities financing agreements in federal funds sold and securities purchased under resale agreements on our consolidated balance sheet. We include collateral other than securities purchased under resale agreements in loans on our consolidated balance sheet. We include securities sold under securities financing agreements in short-term borrowings on our consolidated balance sheet. At December 31, 2024 and 2023, short-term borrowings were predominantly federal funds purchased and securities sold under agreements to repurchase. Assets and liabilities arising from collateralized financing transactions with a single counterparty are presented net on the balance sheet provided they meet certain criteria that permit balance sheet netting. See Note 18 (Securities Financing Activities) for additional information on our offsetting policy for collateralized financing transactions with securities collateral. Loans Held for Sale Loans held for sale (LHFS) generally includes originated or purchased commercial and residential mortgage loans for sale in the securitization or whole loan market. Residential mortgage LHFS are accounted for at either fair value or the l ower of cost or fair value (LOCOM) and may be measured on an individual or pool level basis. Commercial LHFS are generally accounted for at LOCOM, except for certain commercial LHFS in our trading business that are used in market-making activities where we have elected the fair value option. Commercial LHFS are generally measured on an individual basis. See Note 15 (Fair Value Measurements) for additional information regarding LHFS fair value measurements. As LHFS are measured at fair value or LOCOM, these loans do not have an allowance for loan losses and are not subject to our loan charge off policies. Gains and losses on residential and commercial mortgage LHFS are generally recorded in mortgage banking noninterest income. Gains and losses on trading LHFS are recognized in net gains from trading activities. Gains and losses on other LHFS are recognized in other noninterest income. Direct loan origination costs and fees for LHFS under the fair value option are recognized in earnings at origination. For LHFS recorded at LOCOM, direct loan origination costs and fees are deferred at origination and are recognized in earnings at time of sale. Interest income on LHFS is calculated based upon the note rate of the loan and is recorded in interest income. Interest rate lock commitments to originate mortgage LHFS are accounted for as derivatives and are measured at fair value. When a determination is made at the time of commitment to originate loans as held for investment, it is our intent to hold these loans to maturity or for the foreseeable future, subject to periodic review under our management evaluation processes, including corporate asset/liability management. If subsequent changes occur, including changes in interest rates, our business strategy, or other market conditions, we may change our intent to hold these loans. When management makes this determination, we immediately transfer these loans to the LHFS portfolio at LOCOM. Loans Loans are reported at amortized cost, reflecting their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans and unamortized premiums or discounts on purchased loans. Unearned income, deferred fees and costs, and discounts and premiums are amortized to interest income generally over the contractual life of the loan using the effective interest method. Loan commitment fees collected at closing are deferred and amortized to noninterest income on a straight-line basis over the commitment period if loan funding is unlikely. Upon funding, deferred loan commitment fees are amortized to interest income over the contractual life of the loan. Loans also include financing leases where we are the lessor (see the “Leasing Activity” section in this Note for our accounting policy for leases) and resale agreements involving collateral other than securities (see “Securities and Other Collateralized Financing Agreements” section in this Note for our accounting policy for other collateralized financing agreements). See Note 5 (Loans and Related Allowance for Credit Losses) for additional information regarding our accounting for loans. NONACCRUAL AND PAST DUE LOANS. We generally place loans on nonaccrual status when: • the full and timely collection of interest or principal becomes uncertain (generally based on an assessment of the borrower’s financial condition and the adequacy of collateral, if any), such as in bankruptcy or other circumstances; • they are 90 days (120 days with respect to residential mortgage loans) past due for interest or principal, unless the loan is both well-secured and in the process of collection; • part of the principal balance has been charged off; or • for junior lien mortgage loans, we have evidence that the related first lien mortgage may be 120 days past due or in the process of foreclosure regardless of the junior lien delinquency status. Credit card loans are not placed on nonaccrual status, but are generally fully charged off when the loan reaches 180 days past due. When we place a loan on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and suspend amortization of any net deferred fees. If the ultimate collectability of the recorded loan balance is in doubt on a nonaccrual loan, the cost recovery method is used and cash collected is applied to first reduce the carrying value of the loan to zero and then as a recovery of prior charge-offs. Otherwise, interest income may be recognized to the extent cash is received. Generally, we return a loan to accrual status when all delinquent interest and principal become current under the terms of the loan agreement and collectability of remaining principal and interest is no longer doubtful. We may re-underwrite modified loans at the time of a restructuring to determine if there is sufficient evidence of sustained repayment capacity based on the borrower’s financial strength, including documented income, debt to income ratios and other factors. If the borrower has demonstrated performance under the previous terms and the underwriting process shows the capacity to continue to perform under the restructured terms, the loan will generally remain in accruing status. Loans will be placed on nonaccrual status and we may record a charge-off if the re-underwriting did not include an evaluation of the borrower’s ability to repay or we believe it is probable that principal and interest contractually due under the modified terms of the agreement will not be collectible. Modified loans that are placed on nonaccrual status will generally return to accrual status when repayment of principal and interest is reasonably assured and the borrower has demonstrated a sustained period of performance (generally six consecutive months of payments, or equivalent, inclusive of payments made prior to a modification, if applicable). Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates. LOAN CHARGE-OFF POLICIES. For commercial loans, we generally fully charge off or charge down to net realizable value (fair value of collateral, less estimated costs to sell) for loans secured by collateral when: • management judges the loan to be uncollectible; • repayment is deemed to be protracted beyond reasonable time frames; • the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; • the customer has filed bankruptcy and the loss becomes evident owing to a lack of assets; • the loan is 180 days past due unless both well-secured and in the process of collection; or • the loan is probable of foreclosure, and we have received an appraisal of less than the recorded loan balance. For consumer loans, we fully charge off or charge down to net realizable value when deemed uncollectible due to bankruptcy or other factors, or no later than reaching a defined number of days past due, as follows: • Residential mortgage loans – We generally charge down to net realizable value when the loan is 180 days past due and fully charge-off when the loan exceeds extended delinquency dates. • Auto loans – We generally fully charge off when the loan is 120 days past due. • Credit card loans – We generally fully charge off when the loan is 180 days past due. • Unsecured loans – We generally fully charge off when the loan is 120 days past due. • Unsecured lines – We generally fully charge off when the loan is 180 days past due. • Other secured loans – We generally fully or partially charge down to net realizable value when the loan is 120 days past due. FORECLOSED ASSETS. Foreclosed assets obtained through our lending activities primarily include real estate and are included in other assets. Generally, loans have been written down to their net realizable value prior to foreclosure. Any further reduction to their net realizable value is recorded with a charge to the ACL at foreclosure. We allow up to 90 days after foreclosure to finalize determination of net realizable value. Thereafter, changes in net realizable value are recorded to noninterest expense. The net realizable value of these assets is reviewed and updated periodically depending on the type of property. Certain government-guaranteed mortgage loans upon foreclosure are included in accounts receivable in other assets. These receivables were loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) and are measured based on the balance expected to be recovered from the FHA or VA. PURCHASED CREDIT DETERIORATED LOANS. Loans acquired that are of poor credit quality and with more than an insignificant evidence of credit deterioration since their origination or issuance are purchased credit deteriorated (PCD) loans. PCD loans are recorded at their purchase price plus an ACL estimated at the time of acquisition. Under this approach, there is no provision for credit losses recognized at acquisition; rather, there is a gross-up of the purchase price of the loan for the estimate of expected credit losses and a corresponding ACL recorded. Changes in estimates of expected credit losses after acquisition are recognized as provision for credit losses in subsequent periods. In general, interest income recognition for PCD loans is consistent with interest income recognition for similar non-PCD loans. Allowance for Credit Losses The ACL is management’s estimate of the current expected life-time credit losses in the loan portfolio and unfunded credit commitments, at the balance sheet date, excluding loans and unfunded credit commitments carried at fair value or held for sale. Additionally, we maintain an ACL for AFS and HTM debt securities, other financing receivables measured at amortized cost, and other off-balance sheet credit exposures. While we attribute portions of the allowance to specific financial asset classes (loan and debt security portfolios), loan portfolio segments (commercial and consumer) or major security type, the entire ACL is available to absorb credit losses of the Company. Our ACL process involves procedures to appropriately consider the unique risk characteristics of our financial asset classes, portfolio segments, and major security types. For each loan portfolio segment and each major HTM debt security type, losses are estimated collectively for groups of loans or securities with similar risk characteristics. For loans and securities that do not share similar risk characteristics with other financial assets, the losses are estimated individually, which generally includes our nonperforming large commercial loans and non-accruing HTM debt securities. For AFS debt securities, losses are estimated at the individual security level. Our ACL amounts are influenced by a variety of factors, including changes in loan and debt security volumes, portfolio credit quality, and general economic conditions. General economic conditions are forecasted using economic variables which will create volatility as those variables change over time. See Table 1.2 for key economic variables used for our loan portfolios. Table 1.2: Key Economic Variables Loan Portfolio Key economic variables Total commercial • Gross domestic product • Commercial real estate asset prices, where applicable • Unemployment rate Residential mortgage • Home price index • Unemployment rate Other consumer (including credit card, auto, and other consumer) • Unemployment rate Our approach for estimating expected life-time credit losses for loans and debt securities includes the following key components: • An initial loss forecast period of two years for all portfolio segments and classes of financing receivables and off-balance-sheet credit exposures. This period reflects management’s expectation of losses based on forward-looking economic scenarios over that time. We forecast multiple economic scenarios that generally include a base scenario with an optimistic (upside) and one or more pessimistic (downside) scenarios, which are weighted by management to estimate future credit losses. • Long-term average loss expectations estimated by reverting to the long-term average, on a linear basis, for each of the economic variables forecasted during the initial loss forecast period. These long-term averages are based on observations over multiple economic cycles. The reversion period, which may be up to two years, is assessed on a quarterly basis. • The remaining contractual term of a loan is adjusted for expected prepayments and certain expected extensions, renewals, or modifications. We extend the contractual term when we are not able to unconditionally cancel contractual renewals or extension options. Credit card loans have indeterminate maturities, which requires that we determine a contractual life by estimating the application of future payments to the outstanding loan amount. • For AFS debt securities and certain beneficial interests classified as HTM, we utilize DCF methods to measure the ACL, which incorporate expected credit losses using the conceptual components described above. For most HTM debt securities, the ACL is measured using an expected loss model, similar to the methodology used for loans. The ACL for financial assets held at amortized cost is a valuation account that is deducted from, or added to, the amortized cost basis of the financial assets to present the net amount expected to be collected. When credit expectations change, the valuation account i

Trading Activities

Trading Activities	12 Months Ended
	Dec. 31, 2024
Trading Activities [Abstract]
Trading Activities	Note 2: Trading Activities Table 2.1 presents a summary of our trading assets and liabilities measured at fair value through earnings. Table 2.1: Trading Assets and Liabilities (in millions) Dec 31, Dec 31, Trading assets: Debt securities $ 121,205 97,302 Equity securities 19,270 18,449 Loans held for sale 3,587 1,793 Gross trading derivative assets 97,696 71,990 Netting (1) (77,926) (54,069) Total trading derivative assets 19,770 17,921 Total trading assets 163,832 135,465 Trading liabilities: Short sale and other liabilities 28,744 25,471 Interest-bearing deposits 318 1,297 Long-term debt 3,495 2,308 Gross trading derivative liabilities 96,783 77,807 Netting (1) (81,345) (60,366) Total trading derivative liabilities 15,438 17,441 Total trading liabilities $ 47,995 46,517 (1) Represents balance sheet netting for trading derivative asset and liability balances, and trading portfolio level valuation adjustments. See Note 14 (Derivatives) for additional information. Table 2.2 provides net interest income earned from trading assets and liabilities, and net gains and losses due to the realized and unrealized gains and losses from trading activities. Net interest income also includes dividend income on trading securities and dividend expense on trading securities we have sold, but not yet purchased. Table 2.2: Net Interest Income and Net Gains (Losses) from Trading Activities Year ended December 31, (in millions) 2024 2023 2022 Net interest income: Interest income (1) $ 5,541 4,229 3,011 Interest expense 874 643 592 Total net interest income 4,667 3,586 2,419 Net gains (losses) from trading activities, by risk type (2): Interest rate 823 444 456 Commodity 382 372 345 Equity 1,195 1,106 883 Foreign exchange 2,299 2,124 1,168 Credit 585 753 (736) Total net gains from trading activities 5,284 4,799 2,116 Total trading-related net interest and noninterest income $ 9,951 8,385 4,535 (1) Substantially all relates to interest income on debt and equity securities. (2) Includes gains (losses) on trading portfolio level valuation adjustments, as well as remeasurement gains (losses) on foreign currency-denominated assets and liabilities, including related hedges. See Note 14 (Derivatives) for additional information.

AFS and HTM Debt Securities

AFS and HTM Debt Securities	12 Months Ended
	Dec. 31, 2024
AFS And HTM Debt Securities [Abstract]
Available-for-Sale and Held-to-Maturity Debt Securities	Note 3: Available-for-Sale and Held-to-Maturity Debt Securities Table 3.1 provides the amortized cost, net of the allowance for credit losses (ACL) for debt securities, and fair value by major categories of available-for-sale (AFS) debt securities, which are carried at fair value, and held-to-maturity (HTM) debt securities, which are carried at amortized cost, net of the ACL. The net unrealized gains (losses) for AFS debt securities are reported as a component of accumulated other comprehensive income (AOCI), net of the ACL and applicable income taxes. Information on debt securities held for trading is included in Note 2 (Trading Activities). For both AFS and HTM debt securities, amortized cost is the unpaid principal amount, net of unamortized basis adjustments. Basis adjustments may include purchase premiums or discounts, fair value hedge accounting basis adjustments, fair value write-downs related to recognition of intent to sell, impairment losses, and charge-offs or recoveries of amounts deemed uncollectible. Outstanding balances exclude accrued interest receivable on AFS and HTM debt securities, which are included in other assets. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. Table 3.1: Available-for-Sale and Held-to-Maturity Debt Securities Outstanding (in millions) Amortized Gross unrealized gains Gross Net unrealized gains (losses) Fair value December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ 23,791 1 (507) (506) 23,285 Securities of U.S. states and political subdivisions (2) 12,542 11 (518) (507) 12,035 Federal agency mortgage-backed securities 129,703 84 (6,758) (6,674) 123,029 Non-agency mortgage-backed securities (3) 1,844 3 (41) (38) 1,806 Collateralized loan obligations 2,196 6 — 6 2,202 Other debt securities 574 50 (3) 47 621 Total available-for-sale debt securities, excluding portfolio level basis adjustments 170,650 155 (7,827) (7,672) 162,978 Portfolio level basis adjustments (4) (43) 43 — Total available-for-sale debt securities 170,607 155 (7,827) (7,629) 162,978 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies 3,794 — (1,779) (1,779) 2,015 Securities of U.S. states and political subdivisions 18,200 — (3,342) (3,342) 14,858 Federal agency mortgage-backed securities 193,982 — (36,029) (36,029) 157,953 Non-agency mortgage-backed securities (3) 1,364 50 (81) (31) 1,333 Collateralized loan obligations 15,888 56 — 56 15,944 Other debt securities 1,720 — (44) (44) 1,676 Total held-to-maturity debt securities 234,948 106 (41,275) (41,169) 193,779 Total $ 405,555 261 (49,102) (48,798) 356,757 December 31, 2023 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ 47,351 2 (1,886) (1,884) 45,467 Securities of U.S. states and political subdivisions (2) 20,654 36 (624) (588) 20,066 Federal agency mortgage-backed securities 63,741 111 (4,274) (4,163) 59,578 Non-agency mortgage-backed securities (3) 2,892 1 (144) (143) 2,749 Collateralized loan obligations 1,538 — (5) (5) 1,533 Other debt securities 1,025 46 (16) 30 1,055 Total available-for-sale debt securities, excluding portfolio level basis adjustments 137,201 196 (6,949) (6,753) 130,448 Portfolio level basis adjustments (4) (46) 46 — Total available-for-sale debt securities 137,155 196 (6,949) (6,707) 130,448 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies 3,790 — (1,503) (1,503) 2,287 Securities of U.S. states and political subdivisions 18,624 3 (2,939) (2,936) 15,688 Federal agency mortgage-backed securities 209,170 136 (30,918) (30,782) 178,388 Non-agency mortgage-backed securities (3) 1,276 18 (120) (102) 1,174 Collateralized loan obligations 28,122 75 (63) 12 28,134 Other debt securities 1,726 — (81) (81) 1,645 Total held-to-maturity debt securities 262,708 232 (35,624) (35,392) 227,316 Total $ 399,863 428 (42,573) (42,099) 357,764 (1) Represents amortized cost of the securities, net of the ACL of $34 million and $1 million related to AFS debt securities and $95 million and $93 million related to HTM debt securities at December 31, 2024 and 2023, respectively. (2) Includes investments in tax-exempt preferred debt securities issued by investment funds or trusts that predominantly invest in tax-exempt municipal securities. The amortized cost, net of the ACL, and fair value of these types of securities, was $2.8 billion at December 31, 2024, and $5.5 billion at December 31, 2023. (3) Predominantly consists of commercial mortgage-backed securities at both December 31, 2024 and 2023. (4) Represents fair value hedge basis adjustments related to active portfolio layer method hedges of AFS debt securities, which are not allocated to individual securities in the portfolio. For additional information, see Note 14 (Derivatives). Table 3.2 details the breakout of purchases of and transfers to HTM debt securities by major category of security. The table excludes the transfer of HTM debt securities with a fair value of $23.2 billion to AFS debt securities in first quarter 2023 in connection with the adoption of ASU 2022-01. Table 3.2: Held-to-Maturity Debt Securities Purchases and Transfers Year ended December 31, (in millions) 2024 2023 2022 Purchases of held-to-maturity debt securities (1): Securities of U.S. states and political subdivisions $ — — 843 Federal agency mortgage-backed securities $ — 4,225 2,051 Non-agency mortgage-backed securities 167 94 211 Total purchases of held-to-maturity debt securities 167 4,319 3,105 Transfers from available-for-sale debt securities to held-to-maturity debt securities (2): Federal agency mortgage-backed securities — 3,687 50,132 Total transfers from available-for-sale debt securities to held-to-maturity debt securities $ — 3,687 50,132 (1) Inclusive of securities purchased but not yet settled and non-cash purchases from securitization of loans held for sale (LHFS). (2) Represents fair value as of the date of the transfers. Debt securities transferred from available-for-sale to held-to-maturity had pre-tax unrealized losses recorded in AOCI of $320 million and $4.5 billion for the years ended December 31, 2023 and 2022, respectively, at the time of the transfers. Table 3.3 shows the composition of interest income, provision for credit losses, and gross realized gains and losses from sales and impairment write-downs included in earnings related to AFS and HTM debt securities (pre-tax) . Table 3.3: Income Statement Impacts for Available-for-Sale and Held-to-Maturity Debt Securities Year ended December 31, (in millions) 2024 2023 2022 Interest income (1): Available-for-sale $ 6,489 5,202 3,095 Held-to-maturity 6,512 7,118 6,220 Total interest income 13,001 12,320 9,315 Provision for credit losses: Available-for-sale 44 (26) 1 Held-to-maturity 1 7 (11) Total provision for credit losses 45 (19) (10) Realized gains and losses (2): Gross realized gains 32 37 276 Gross realized losses (952) (27) (125) Net realized gains (losses) $ (920) 10 151 (1) Excludes interest income from trading debt securities, which is disclosed in Note 2 (Trading Activities). (2) Realized gains and losses relate to AFS debt securities. There were no realized gains or losses from HTM debt securities in all periods presented. Credit Quality We monitor credit quality of debt securities by evaluating various attributes and utilize such information in our evaluation of the appropriateness of the ACL for debt securities. The credit quality indicators that we most closely monitor include credit ratings and delinquency status and are based on information as of our financial statement date. CREDIT RATINGS. Credit ratings express opinions about the credit quality of a debt security. We determine the credit rating of a security according to the lowest credit rating made available by national recognized statistical rating organizations (NRSROs). Debt securities rated investment grade, that is those with ratings similar to BBB-/Baa3 or above, as defined by NRSROs, are generally considered by the rating agencies and market participants to be low credit risk. Conversely, debt securities rated below investment grade, labeled as “speculative grade” by the rating agencies, are considered to be distinctively higher credit risk than investment grade debt securities. For debt securities not rated by NRSROs, we determine an internal credit grade of the debt securities (used for credit risk management purposes) equivalent to the credit ratings assigned by major credit agencies. Substantially all of our debt securities were rated by NRSROs at December 31, 2024 and 2023. Table 3.4 shows the percentage of fair value of AFS debt securities and amortized cost of HTM debt securities determined to be rated investment grade, inclusive of securities rated based on internal credit grades. Table 3.4: Investment Grade Debt Securities Available-for-Sale Held-to-Maturity ($ in millions) Fair value % investment grade Amortized cost % investment grade December 31, 2024 Total portfolio (1) $ 162,978 99 % $ 235,043 99 % Breakdown by category: Securities of U.S. Treasury and federal agencies (2) $ 146,314 100 % $ 197,777 100 % Securities of U.S. states and political subdivisions 12,035 99 18,210 100 Collateralized loan obligations (3) 2,202 100 15,904 100 All other debt securities (4) 2,427 89 3,152 61 December 31, 2023 Total portfolio (1) $ 130,448 99 % $ 262,801 99 % Breakdown by category: Securities of U.S. Treasury and federal agencies (2) $ 105,045 100 % $ 212,960 100 % Securities of U.S. states and political subdivisions 20,066 99 18,635 100 Collateralized loan obligations (3) 1,533 100 28,154 100 All other debt securities (4) 3,804 95 3,052 64 (1) 99% were rated AA- and above at both December 31, 2024 and 2023. (2) Includes federal agency mortgage-backed securities. (3) 100% were rated AA- and above at both December 31, 2024 and 2023. (4) Includes non-U.S. government, non-agency mortgage-backed, and all other debt securities. DELINQUENCY STATUS AND NONACCRUAL DEBT SECURITIES. Debt security issuers that are delinquent in payment of amounts due under contractual debt agreements have a higher probability of recognition of credit losses. As such, as part of our monitoring of the credit quality of the debt security portfolio, we consider whether debt securities we own are past due in payment of principal or interest payments and whether any securities have been placed into nonaccrual status. Debt securities that are past due and still accruing or in nonaccrual status were insignificant at both December 31, 2024 and 2023. Net charge-offs on debt securities were insignificant for the years ended December 31, 2024 and 2023. Unrealized Losses of Available-for-Sale Debt Securities Table 3.5 shows the gross unrealized losses and fair value of AFS debt securities by length of time those individual securities in each category have been in a continuous loss position. Debt securities on which we have recorded credit impairment are categorized as being “less than 12 months” or “12 months or more” in a continuous loss position based on the point in time that the fair value declined to below the amortized cost basis, net of the allowance for credit losses. Table 3.5: Gross Unrealized Losses and Fair Value – Available-for-Sale Debt Securities Less than 12 months 12 months or more Total (in millions) Gross unrealized losses (1) Fair value Gross unrealized losses (1) Fair value Gross unrealized losses (1) Fair value December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ (77) 14,000 (430) 7,778 (507) 21,778 Securities of U.S. states and political subdivisions (11) 748 (507) 7,215 (518) 7,963 Federal agency mortgage-backed securities (1,465) 71,424 (5,293) 40,722 (6,758) 112,146 Non-agency mortgage-backed securities (1) 22 (40) 1,307 (41) 1,329 Other debt securities — — (3) 114 (3) 114 Total available-for-sale debt securities $ (1,554) 86,194 (6,273) 57,136 (7,827) 143,330 December 31, 2023 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ (5) 942 (1,881) 43,722 (1,886) 44,664 Securities of U.S. states and political subdivisions (12) 1,405 (612) 11,247 (624) 12,652 Federal agency mortgage-backed securities (76) 7,149 (4,198) 41,986 (4,274) 49,135 Non-agency mortgage-backed securities (1) 42 (143) 2,697 (144) 2,739 Collateralized loan obligations — — (5) 979 (5) 979 Other debt securities — — (16) 420 (16) 420 Total available-for-sale debt securities $ (94) 9,538 (6,855) 101,051 (6,949) 110,589 (1) Gross unrealized losses exclude portfolio level basis adjustments. We have assessed each debt security with gross unrealized losses included in the previous table for credit impairment. As part of that assessment we evaluated and concluded that we do not intend to sell any of the debt securities, and that it is more likely than not that we will not be required to sell, prior to recovery of the amortized cost basis. We evaluate, where necessary, whether credit impairment exists by comparing the present value of the expected cash flows to the debt securities’ amortized cost basis. Credit impairment is recorded as an ACL for debt securities. For descriptions of the factors we consider when analyzing debt securities for impairment as well as methodology and significant inputs used to measure credit losses, see Note 1 (Summary of Significant Accounting Policies). Contractual Maturities Table 3.6 and Table 3.7 show the remaining contractual maturities of AFS and HTM debt securities, respectively. Table 3.6: Contractual Maturities – Available-for-Sale Debt Securities By remaining contractual maturity ($ in millions) Total Within After After After December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies Amortized cost, net $ 23,791 1,749 9,736 10,947 1,359 Fair value 23,285 1,745 9,362 10,918 1,260 Weighted average yield 3.19 % 2.76 2.33 4.23 1.44 Securities of U.S. states and political subdivisions Amortized cost, net $ 12,542 144 3,565 3,158 5,675 Fair value 12,035 143 3,514 2,888 5,490 Weighted average yield 3.29 % 3.59 3.52 3.03 3.27 Federal agency mortgage-backed securities Amortized cost, net $ 129,703 20 58 522 129,103 Fair value 123,029 20 57 493 122,459 Weighted average yield 4.46 % 2.80 4.23 2.55 4.47 Non-agency mortgage-backed securities Amortized cost, net $ 1,844 — 1 89 1,754 Fair value 1,806 — 1 84 1,721 Weighted average yield 4.31 % — 5.41 4.89 4.28 Collateralized loan obligations Amortized cost, net $ 2,196 — 60 792 1,344 Fair value 2,202 — 60 793 1,349 Weighted average yield 6.20 % — 6.60 6.32 6.11 Other debt securities Amortized cost, net $ 574 60 165 333 16 Fair value 621 60 175 359 27 Weighted average yield 5.05 % 3.57 6.24 4.89 1.63 Total available-for-sale debt securities Amortized cost, net (1) $ 170,650 1,973 13,585 15,841 139,251 Fair value 162,978 1,968 13,169 15,535 132,306 Weighted average yield (2) 4.21 % 2.77 2.68 4.06 4.40 (1) Amortized cost, net excludes portfolio level basis adjustments of $(43) million. (2) Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature. Table 3.7: Contractual Maturities – Held-to-Maturity Debt Securities By remaining contractual maturity ($ in millions) Total Within After After After December 31, 2024 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies Amortized cost, net $ 3,794 — — — 3,794 Fair value 2,015 — — — 2,015 Weighted average yield 1.59 % — — — 1.59 Securities of U.S. states and political subdivisions Amortized cost, net $ 18,200 203 497 468 17,032 Fair value 14,858 201 481 441 13,735 Weighted average yield 2.37 % 1.20 2.33 2.72 2.37 Federal agency mortgage-backed securities Amortized cost, net $ 193,982 — — — 193,982 Fair value 157,953 — — — 157,953 Weighted average yield 2.35 % — — — 2.35 Non-agency mortgage-backed securities Amortized cost, net $ 1,364 — 49 42 1,273 Fair value 1,333 — 54 44 1,235 Weighted average yield 3.53 % — 5.45 3.08 3.47 Collateralized loan obligations Amortized cost, net $ 15,888 — 76 14,512 1,300 Fair value 15,944 — 77 14,565 1,302 Weighted average yield 6.30 % — 6.56 6.31 6.07 Other debt securities Amortized cost, net $ 1,720 — 977 743 — Fair value 1,676 — 942 734 — Weighted average yield 5.27 % — 4.75 5.95 — Total held-to-maturity debt securities Amortized cost, net $ 234,948 203 1,599 15,765 217,381 Fair value 193,779 201 1,554 15,784 176,240 Weighted average yield (1) 2.64 % 1.20 4.11 6.18 2.37 (1) Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.

Equity Securities

Equity Securities	12 Months Ended
	Dec. 31, 2024
Equity Securities [Abstract]
Equity Securities	Note 4: Equity Securities Table 4.1 provides a summary of our equity securities by business purpose and accounting method. Table 4.1: Equity Securities (in millions) Dec 31, Dec 31, Equity securities held for trading at fair value (1) $ 19,270 18,449 Not held for trading: Equity securities at fair value 3,052 1,392 Tax credit investments (2) 21,933 20,016 Private equity (3) 12,607 12,203 Federal Reserve Bank stock and other at cost (4) 3,782 5,276 Total equity securities not held for trading 41,374 38,887 Total equity securities $ 60,644 57,336 (1) Represents securities held as part of our customer accommodation trading activities. For additional information on these activities, see Note 2 (Trading Activities). Includes securities with a fair value of $590 million at December 31, 2024, subject to contractual lock-up periods restricting the sale of the securities, the majority of which expire in second quarter 2025. (2) Includes affordable housing investments of $12.3 billion and $12.9 billion at December 31, 2024 and 2023, respectively, and renewable energy investments of $9.4 billion and $6.8 billion at December 31, 2024 and 2023, respectively. Tax credit investments are accounted for using either the proportional amortization method or the equity method. See Note 16 (Securitizations and Variable Interest Entities) for information about tax credit investments. (3) Includes equity securities accounted for under the measurement alternative of $9.3 billion and $9.1 billion at December 31, 2024 and 2023, respectively, which were predominantly securities associated with our venture capital investments. The remaining securities are accounted for using the equity method. (4) Includes $3.5 billion of investments in Federal Reserve Bank stock at both December 31, 2024 and 2023, and $224 million and $1.7 billion of investments in Federal Home Loan Bank stock at December 31, 2024 and 2023, respectively. Net Gains and Losses Not Held for Trading Table 4.2 provides a summary of the net gains and losses from equity securities not held for trading, which excludes equity method adjustments for our share of the investee’s earnings or losses that are recognized in other noninterest income. Gains and losses for securities held for trading are reported in net gains from trading and securities. Table 4.2: Net Gains (Losses) from Equity Securities Not Held for Trading Year ended December 31, (in millions) 2024 2023 2022 Net gains (losses) from equity securities carried at fair value 442 84 (307) Net gains (losses) from equity securities not carried at fair value (1): Impairment write-downs (773) (1,307) (2,452) Net unrealized gains (2) 679 578 1,101 Net realized gains 722 204 852 Total net gains (losses) from equity securities not carried at fair value 628 (525) (499) Total net gains (losses) from equity securities not held for trading $ 1,070 (441) (806) (1) Includes amounts related to venture capital and private equity investments in consolidated portfolio companies, which are not reported in equity securities on our consolidated balance sheet. (2) Includes unrealized gains (losses) due to observable price changes from equity securities accounted for under the measurement alternative. Measurement Alternative Table 4.3 provides additional information about the impairment write-downs and observable price changes from nonmarketable equity securities accounted for under the measurement alternative. Gains and losses related to these adjustments are also included in Table 4.2. Table 4.3: Net Gains (Losses) from Measurement Alternative Equity Securities Year ended December 31, (in millions) 2024 2023 2022 Net gains (losses) recognized in earnings during the period: Gross unrealized gains from observable price changes $ 758 607 1,115 Gross unrealized losses from observable price changes (9) (29) (14) Impairment write-downs (618) (1,113) (2,263) Net realized gains from sale 227 42 98 Total net gains (losses) recognized during the period $ 358 (493) (1,064) Table 4.4 presents cumulative carrying value adjustments to nonmarketable equity securities accounted for under the measurement alternative that were still held at the end of each reporting period presented. Table 4.4: Measurement Alternative Cumulative Gains (Losses) Year ended December 31, (in millions) 2024 2023 2022 Cumulative gains (losses): Gross unrealized gains from observable price changes $ 7,457 7,614 7,141 Gross unrealized losses from observable price changes (53) (44) (14) Impairment write-downs (3,747) (3,772) (2,896)

Loans and Related Allowance for

Loans and Related Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans and Related Allowance for Credit Losses	Note 5: Loans and Related Allowance for Credit Losses Table 5.1 presents total loans outstanding by portfolio segment and class of financing receivable. Loans are reported at their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. These amounts were less than 1% of our total loans outstanding at both December 31, 2024 and 2023. Outstanding balances exclude accrued interest receivable on loans, except for certain revolving loans, such as credit card loans. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. During 2024, we reversed accrued interest receivable of $41 million for our commercial portfolio segment and $401 million for our consumer portfolio segment, compared with $39 million and $275 million, respectively, for 2023. Table 5.1: Loans Outstanding (in millions) Dec 31, Dec 31, Commercial and industrial $ 381,241 380,388 Commercial real estate 136,505 150,616 Lease financing 16,413 16,423 Total commercial 534,159 547,427 Residential mortgage 250,269 260,724 Credit card 56,542 52,230 Auto 42,367 47,762 Other consumer (1) 29,408 28,539 Total consumer 378,586 389,255 Total loans $ 912,745 936,682 (1) Includes $21.4 billion and $18.3 billion at December 31, 2024 and 2023, respectively, of securities-based loans originated by the Wealth and Investment Management (WIM) operating segment. Our non-U.S. loans are reported by respective class of financing receivable in the table above. Substantially all of our non-U.S. loan portfolio is commercial loans. Table 5.2 presents total non-U.S. commercial loans outstanding by class of financing receivable. Table 5.2: Non-U.S. Commercial Loans Outstanding (in millions) Dec 31, Dec 31, Commercial and industrial $ 62,038 72,215 Commercial real estate 5,123 6,916 Lease financing 598 697 Total non-U.S. commercial loans $ 67,759 79,828 Loan Concentrations Loan concentrations may exist when there are amounts loaned to borrowers engaged in similar activities or similar types of loans extended to a diverse group of borrowers that would cause them to be similarly impacted by economic or other conditions. Commercial and industrial loans and lease financing to borrowers in the financials except banks industry represented 17% and 16% of total loans at December 31, 2024 and 2023, respectively. At December 31, 2024 and 2023, we did not have concentrations representing 10% or more of our total loan portfolio in the commercial real estate (CRE) portfolios (real estate mortgage and real estate construction) by state or property type. Residential mortgage loans to borrowers in the state of California represented 12% of total loans at both December 31, 2024 and 2023. These California loans are generally diversified among the larger metropolitan areas in California, with no single area consisting of more than 4% of total loans at both December 31, 2024 and 2023. We continuously monitor changes in real estate values and underlying economic or market conditions for the geographic areas of our residential mortgage portfolio as part of our credit risk management process. Some of our residential mortgage loans include an interest-only feature as part of the loan terms. These interest-only loans were approximately 2% of total loans at both December 31, 2024 and 2023. Substantially all of these interest-only loans at origination were considered to be prime or near prime. We do not offer option adjustable-rate mortgage (ARM) products, nor do we offer variable-rate mortgage products with fixed payment amounts, commonly referred to within the financial services industry as negative amortizing mortgage loans. Loan Purchases, Sales, and Transfers Table 5.3 presents the proceeds paid or received for purchases and sales of loans and transfers from loans held for investment to mortgages/loans held for sale. The table excludes loans for which we have elected the fair value option and government insured/guaranteed loans because their loan activity normally does not impact the ACL. Table 5.3: Loan Purchases, Sales, and Transfers Year ended December 31, 2024 2023 (in millions) Commercial Consumer Total Commercial Consumer Total Purchases $ 839 4 843 1,340 306 1,646 Sales and net transfers (to)/from LHFS (2,662) (194) (2,856) (3,313) (917) (4,230) Unfunded Credit Commitments Unfunded credit commitments are legally binding agreements to lend to customers with terms covering usage of funds, contractual interest rates, expiration dates, and any required collatera l. Our commercial lending commitments include, but are not limited to, (i) commitments for working capital and general corporate purposes, (ii) financing to customers who warehouse financial assets secured by real estate, consumer, or corporate loans, (iii) financing that is expected to be syndicated or replaced with other forms of long-term financing, and (iv) commercial real estate lending. We also originate multipurpose lending commitments under which commercial customers have the option to draw on the facility in one of several forms, including the issuance of letters of credit, which reduces the unfunded commitment amounts of the facility. The maximum credit risk for these commitments will generally be lower than the contractual amount because these commitments may expire without being used or may be cancelled at the customer’s request. We may reduce or cancel lines of credit in accordance with the contracts and applicable law. Our credit risk monitoring activities include managing the amount of commitments, both to individual customers and in total, and the size and maturity structure of these commitments. We do not recognize an ACL for commitments that are unconditionally cancellable at our discretion. We issue commercial letters of credit to assist customers in purchasing goods or services, typically for international trade. At December 31, 2024 and 2023, we had $968 million and $1.1 billion, respectively, of outstanding issued commercial letters of credit. See Note 17 (Guarantees and Other Commitments) for additional information on issued standby letters of credit. We may be a fronting bank, whereby we act as a representative for other lenders, and advance funds or provide for the issuance of letters of credit under syndicated loan or letter of credit agreements. Any advances are generally repaid in less than a week and would normally require default of both the customer and another lender to expose us to loss. The contractual amount of our unfunded credit commitments, including unissued letters of credit, is summarized in Table 5.4. The table is presented net of commitments syndicated to others, including the fronting arrangements described above, and excludes issued letters of credit and discretionary amounts where our approval or consent is required prior to any loan funding or commitment increase. Table 5.4: Unfunded Credit Commitments (in millions) Dec 31, Dec 31, Commercial and industrial $ 401,947 388,043 Commercial real estate 12,505 20,851 Total commercial 414,452 408,894 Residential mortgage (1) 23,872 29,754 Credit card 163,256 156,012 Other consumer 7,985 8,847 Total consumer 195,113 194,613 Total unfunded credit commitments $ 609,565 603,507 (1) Includes lines of credit totaling $22.5 billion and $28.6 billion as of December 31, 2024 and 2023 , respectively. Allowance for Credit Losses Table 5.5 presents the ACL for loans, which consists of the allowance for loan losses and the allowance for unfunded credit commitments. Total net loan charge-offs increased $1.3 billion from December 31, 2023, reflecting higher losses in our credit card portfolio driven by higher loan balances and higher losses in our commercial real estate portfolio driven by the office property type. The ACL for loans decreased $452 million from December 31, 2023, reflecting decreases across most loan portfolios, partially offset by increases for credit card loans. Table 5.5: Allowance for Credit Losses for Loans Year ended December 31, ($ in millions) 2024 2023 Balance, beginning of period $ 15,088 13,609 Cumulative effect from change in accounting policy (1) — (429) Balance, beginning of period, adjusted 15,088 13,180 Provision for credit losses 4,330 5,385 Loan charge-offs: Commercial and industrial (729) (510) Commercial real estate (945) (593) Lease financing (52) (31) Total commercial (1,726) (1,134) Residential mortgage (64) (136) Credit card (2,842) (2,009) Auto (652) (832) Other consumer (560) (485) Total consumer (4,118) (3,462) Total loan charge-offs (5,844) (4,596) Loan recoveries: Commercial and industrial 132 165 Commercial real estate 42 27 Lease financing 17 19 Total commercial 191 211 Residential mortgage 133 160 Credit card 387 329 Auto 296 354 Other consumer 65 72 Total consumer 881 915 Total loan recoveries 1,072 1,126 Net loan charge-offs (4,772) (3,470) Other (10) (7) Balance, end of period $ 14,636 15,088 Components: Allowance for loan losses $ 14,183 14,606 Allowance for unfunded credit commitments 453 482 Allowance for credit losses $ 14,636 15,088 Net loan charge-offs as a percentage of average total loans 0.52 % 0.37 Allowance for loan losses as a percentage of total loans 1.55 1.56 Allowance for credit losses for loans as a percentage of total loans 1.60 1.61 (1) Represents the change in our allowance for credit losses for loans as a result of our adoption of ASU 2022–02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, on January 1, 2023. For additional information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report. Table 5.6 summarizes the activity in the ACL by our commercial and consumer portfolio segments. Table 5.6: Allowance for Credit Losses for Loans Activity by Portfolio Segment Year ended December 31, 2024 2023 (in millions) Commercial Consumer Total Commercial Consumer Total Balance, beginning of period $ 8,412 6,676 15,088 6,956 6,653 13,609 Cumulative effect from change in accounting policy (1) — — — 27 (456) (429) Balance, beginning of period, adjusted 8,412 6,676 15,088 6,983 6,197 13,180 Provision for credit losses 1,079 3,251 4,330 2,365 3,020 5,385 Loan charge-offs (1,726) (4,118) (5,844) (1,134) (3,462) (4,596) Loan recoveries 191 881 1,072 211 915 1,126 Net loan charge-offs (1,535) (3,237) (4,772) (923) (2,547) (3,470) Other (10) — (10) (13) 6 (7) Balance, end of period $ 7,946 6,690 14,636 8,412 6,676 15,088 (1) Represents the change in our allowance for credit losses for loans as a result of our adoption of ASU 2022–02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, on January 1, 2023. For additional information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report. Credit Quality We monitor credit quality by evaluating various attributes and utilize such information in our evaluation of the appropriateness of the ACL for loans. The following sections provide the credit quality indicators we most closely monitor. The credit quality indicators are generally based on information as of our financial statement date. COMMERCIAL CREDIT QUALITY INDICATORS. We manage a consistent process for assessing commercial loan credit quality. Commercial loans are generally subject to individual risk assessment using our internal borrower and collateral quality ratings, which is our primary credit quality indicator. Our ratings are aligned to regulatory definitions of pass and criticized categories with the criticized segmented among special mention, substandard, doubtful, and loss categories. Table 5.7 provides the outstanding balances of our commercial loan portfolio by risk category and credit quality information by origination year for term loans. Revolving loans may convert to term loans as a result of a contractual provision in the original loan agreement or if modified for a borrower experiencing financial difficulty. At December 31, 2024, we had $498.4 billion and $35.7 billion of pass and criticized commercial loans, respectively. Gross charge-offs by loan class are included in the following table for the years ended December 31, 2024 and 2023, which we monitor as part of our credit risk management practices; however, charge-offs are not a primary credit quality indicator for our loan portfolio. Table 5.7: Commercial Loan Categories by Risk Categories and Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2024 2023 2022 2021 2020 Prior December 31, 2024 Commercial and industrial Pass $ 46,670 23,891 23,142 13,883 4,963 10,892 241,365 1,247 366,053 Criticized 909 899 1,644 803 139 774 9,990 30 15,188 Total commercial and industrial 47,579 24,790 24,786 14,686 5,102 11,666 251,355 1,277 381,241 Gross charge-offs (1) 79 107 26 39 8 7 463 — 729 Commercial real estate Pass 22,021 11,432 25,314 21,096 8,193 23,121 5,872 179 117,228 Criticized 3,396 1,847 5,427 4,240 1,478 2,616 273 — 19,277 Total commercial real estate 25,417 13,279 30,741 25,336 9,671 25,737 6,145 179 136,505 Gross charge-offs 81 78 124 158 145 359 — — 945 Lease financing Pass 4,516 4,628 2,681 1,457 573 1,290 — — 15,145 Criticized 391 382 250 103 66 76 — — 1,268 Total lease financing 4,907 5,010 2,931 1,560 639 1,366 — — 16,413 Gross charge-offs 3 17 14 10 5 3 — — 52 Total commercial loans $ 77,903 43,079 58,458 41,582 15,412 38,769 257,500 1,456 534,159 Term loans by origination year Revolving loans Revolving loans converted to term loans Total 2023 2022 2021 2020 2019 Prior December 31, 2023 Commercial and industrial Pass $ 40,966 38,756 21,702 7,252 10,024 8,342 239,456 348 366,846 Criticized 892 1,594 1,237 160 204 480 8,975 — 13,542 Total commercial and industrial 41,858 40,350 22,939 7,412 10,228 8,822 248,431 348 380,388 Gross charge-offs (1) 102 22 53 11 8 7 307 — 510 Commercial real estate Pass 18,181 33,557 30,629 12,001 11,532 19,686 6,537 163 132,286 Criticized 2,572 4,091 4,597 1,822 2,748 2,141 359 — 18,330 Total commercial real estate 20,753 37,648 35,226 13,823 14,280 21,827 6,896 163 150,616 Gross charge-offs 20 107 32 134 197 103 — — 593 Lease financing Pass 5,593 3,846 2,400 1,182 798 1,518 — — 15,337 Criticized 345 292 182 98 84 85 — — 1,086 Total lease financing 5,938 4,138 2,582 1,280 882 1,603 — — 16,423 Gross charge-offs 3 8 8 5 4 3 — — 31 Total commercial loans $ 68,549 82,136 60,747 22,515 25,390 32,252 255,327 511 547,427 (1) Includes charge-offs on overdrafts, which are generally charged-off at 60 days past due. Table 5.8 provides days past due (DPD) information for commercial loans, which we monitor as part of our credit risk management practices; however, delinquency is not a primary credit quality indicator for commercial loans. Table 5.8: Commercial Loan Categories by Delinquency Status Still accruing Nonaccrual loans Total (in millions) Current-29 DPD 30-89 DPD 90+ DPD December 31, 2024 Commercial and industrial $ 379,147 794 537 763 381,241 Commercial real estate 131,794 472 468 3,771 136,505 Lease financing 16,156 173 — 84 16,413 Total commercial loans $ 527,097 1,439 1,005 4,618 534,159 December 31, 2023 Commercial and industrial $ 379,099 584 43 662 380,388 Commercial real estate 145,721 562 145 4,188 150,616 Lease financing 16,177 182 — 64 16,423 Total commercial loans $ 540,997 1,328 188 4,914 547,427 CONSUMER CREDIT QUALITY INDICATORS. We have various classes of consumer loans that present unique credit risks. Loan delinquency, Fair Isaac Corporation (FICO) credit scores and loan-to-value (LTV) for residential mortgage loans are the primary credit quality indicators that we monitor and utilize in our evaluation of the appropriateness of the ACL for the consumer loan portfolio segment. Many of our loss estimation techniques used for the ACL for loans rely on delinquency-based models; therefore, delinquency is an important indicator of credit quality in the establishment of our ACL for consumer loans. We obtain FICO scores at loan origination and the scores are generally updated at least quarterly, except in limited circumstances, including compliance with the Fair Credit Reporting Act (FCRA). FICO scores are not available for certain loan types or may not be required if we deem it unnecessary due to strong collateral and other borrower attributes. LTV is the ratio of the outstanding loan balance divided by the property collateral value. For junior lien mortgages, we use the total combined loan balance of first and junior lien mortgages (including unused line of credit amounts). We obtain LTVs using a cascade approach which first uses values provided by automated valuation models (AVMs) for the property. If an AVM is not available, then the value is estimated using the original appraised value adjusted by the change in Home Price Index (HPI) for the property location. If an HPI is not available, the original appraised value is used. The HPI value is normally the only method considered for high value properties, generally with an original value of $1.5 million or more, as the AVM values have proven less accurate for these properties. Generally, we update LTVs on a quarterly basis. Certain loans do not have an LTV due to a lack of industry data availability and portfolios acquired from or serviced by other institutions. Gross charge-offs by loan class are included in the following tables for the years ended December 31, 2024 and 2023, which we monitor as part of our credit risk management practices; however, charge-offs are not a primary credit quality indicator for our loan portfolio. Credit quality information is provided with the year of origination for term loans. Revolving loans may convert to term loans as a result of a contractual provision in the original loan agreement or if modified for a borrower experiencing financial difficulty. Table 5.9 provides the outstanding balances of our residential mortgage loans by our primary credit quality indicators. Table 5.9: Credit Quality Indicators for Residential Mortgage Loans by Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 10,780 11,611 43,482 59,206 32,964 71,302 5,910 6,319 241,574 30-89 DPD 19 15 69 55 22 636 27 142 985 90+ DPD — 8 43 23 10 338 19 172 613 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 By updated FICO: 740+ $ 10,231 10,931 40,431 55,880 31,150 61,856 4,671 3,917 219,067 700-739 411 448 1,978 2,208 1,165 4,601 635 882 12,328 660-699 93 151 756 775 411 2,196 314 533 5,229 620-659 27 52 196 172 101 944 103 287 1,882 <620 2 15 139 130 56 1,209 133 449 2,133 No FICO available 35 37 94 119 113 1,470 100 565 2,533 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 By updated LTV: 0-80% $ 10,360 11,089 40,341 58,434 32,727 71,821 5,874 6,521 237,167 80.01-100% 398 482 3,088 758 193 259 61 72 5,311 >100% (2) 9 38 121 53 20 49 10 17 317 No LTV available 32 25 44 39 56 147 11 23 377 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 Gross charge-offs $ — — — 1 2 27 2 32 64 Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2023 2022 2021 2020 2019 Prior December 31, 2023 By delinquency status: Current-29 DPD $ 13,192 46,065 62,529 35,124 19,364 60,391 8,044 6,735 251,444 30-89 DPD 6 70 58 28 30 724 41 151 1,108 90+ DPD — 18 12 8 14 327 24 201 604 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 By updated FICO: 740+ $ 12,243 42,550 58,827 33,232 18,000 50,938 6,291 4,092 226,173 700-739 679 2,324 2,510 1,219 888 4,478 883 979 13,960 660-699 185 843 861 422 310 2,261 417 601 5,900 620-659 45 227 179 110 66 978 150 322 2,077 <620 11 122 100 64 46 1,245 174 464 2,226 No FICO available 35 87 122 113 98 1,542 194 629 2,820 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 By updated LTV: 0-80% $ 12,434 39,624 61,421 34,833 19,123 61,043 7,903 6,923 243,304 80.01-100% 687 6,286 1,065 232 203 207 103 114 8,897 >100% (2) 51 193 57 33 31 38 21 24 448 No LTV available 26 50 56 62 51 154 82 26 507 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 Gross charge-offs $ — 1 — — 2 63 4 66 136 (1) Represents residential mortgage loans whose repayments are insured or guaranteed by U.S. government agencies, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Loans insured/guaranteed by U.S. government agencies and 90+ DPD totaled $2.8 billion and $2.6 billion at December 31, 2024 and 2023, respectively. (2) Reflects total loan balances with LTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV. Table 5.10 provides the outstanding balances of our credit card loan portfolio by primary credit quality indicators. The revolving loans converted to term loans in the credit card loan category represent credit card loans with modified terms that require payment over a specific term. Table 5.10: Credit Quality Indicators for Credit Card Loans December 31, 2024 December 31, 2023 Revolving loans Revolving loans converted to term loans Revolving loans Revolving loans converted to term loans (in millions) Total Total By delinquency status: Current-29 DPD $ 54,389 535 54,924 50,428 350 50,778 30-89 DPD 699 67 766 660 49 709 90+ DPD 815 37 852 717 26 743 Total $ 55,903 639 56,542 51,805 425 52,230 By updated FICO: 740+ $ 21,784 28 21,812 19,153 21 19,174 700-739 12,359 74 12,433 11,727 51 11,778 660-699 11,093 132 11,225 10,592 84 10,676 620-659 5,356 117 5,473 5,273 76 5,349 <620 5,161 286 5,447 4,861 192 5,053 No FICO available 150 2 152 199 1 200 Total $ 55,903 639 56,542 51,805 425 52,230 Gross charge-offs $ 2,669 173 2,842 1,909 100 2,009 Table 5.11 provides the outstanding balances of our Auto loan portfolio by primary credit quality indicators. Table 5.11: Credit Quality Indicators for Auto Loans by Vintage Term loans by origination year (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 13,846 9,175 8,415 7,205 2,042 684 41,367 30-89 DPD 32 63 270 380 122 60 927 90+ DPD 2 5 25 31 7 3 73 Total $ 13,880 9,243 8,710 7,616 2,171 747 42,367 By updated FICO: 740+ $ 8,758 6,197 4,358 3,199 841 249 23,602 700-739 2,483 1,307 1,188 1,020 307 101 6,406 660-699 1,689 864 1,028 930 280 95 4,886 620-659 623 401 667 661 198 72 2,622 <620 319 455 1,450 1,775 529 223 4,751 No FICO available 8 19 19 31 16 7 100 Total $ 13,880 9,243 8,710 7,616 2,171 747 42,367 Gross charge-offs $ 10 48 246 270 55 23 652 Term loans by origination year (in millions) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 By delinquency status: Current-29 DPD $ 14,022 13,052 12,376 4,335 2,161 448 46,394 30-89 DPD 43 328 545 195 106 40 1,257 90+ DPD 4 34 49 14 7 3 111 Total $ 14,069 13,414 12,970 4,544 2,274 491 47,762 By updated FICO: 740+ $ 9,460 6,637 5,487 1,853 963 176 24,576 700-739 2,232 1,969 1,861 701 347 68 7,178 660-699 1,405 1,745 1,729 623 295 61 5,858 620-659 572 1,162 1,228 425 195 46 3,628 <620 388 1,876 2,621 915 452 130 6,382 No FICO available 12 25 44 27 22 10 140 Total $ 14,069 13,414 12,970 4,544 2,274 491 47,762 Gross charge-offs $ 15 265 392 99 52 9 832 Table 5.12 provides the outstanding balances of our Other consumer loans portfolio by primary credit quality indicators. Table 5.12: Credit Quality Indicators for Other Consumer Loans by Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 1,860 1,835 1,160 286 80 59 23,903 112 29,295 30-89 DPD 5 23 17 3 1 2 14 6 71 90+ DPD 2 9 7 2 — 1 13 8 42 Total $ 1,867 1,867 1,184 291 81 62 23,930 126 29,408 By updated FICO: 740+ $ 1,360 868 452 119 48 26 961 41 3,875 700-739 280 368 207 50 14 10 433 17 1,379 660-699 110 304 201 44 6 8 335 17 1,025 620-659 24 114 93 29 3 5 127 11 406 <620 14 120 112 29 4 7 138 16 440 No FICO available (1) 79 93 119 20 6 6 21,936 24 22,283 Total $ 1,867 1,867 1,184 291 81 62 23,930 126 29,408 Gross charge-offs (2) $ 150 165 127 31 5 6 66 10 560 Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2023 2022 2021 2020 2019 Prior December 31, 2023 By delinquency status: Current-29 DPD $ 3,273 2,132 571 167 93 61 21,988 106 28,391 30-89 DPD 24 32 9 1 1 2 17 6 92 90+ DPD 9 14 3 1 — 1 15 13 56 Total $ 3,306 2,178 583 169 94 64 22,020 125 28,539 By updated FICO: 740+ $ 1,911 926 265 85 36 28 1,152 27 4,430 700-739 642 409 107 27 14 10 507 16 1,732 660-699 403 365 93 16 11 8 395 16 1,307 620-659 129 166 45 6 6 5 147 11 515 <620 75 152 49 8 8 6 152 17 467 No FICO available (1) 146 160 24 27 19 7 19,667 38 20,088 Total $ 3,306 2,178 583 169 94 64 22,020 125 28,539 Gross charge-offs (2) $ 178 158 52 9 9 6 62 11 485 (1) Substantially all loans are revolving securities-based loans originated by the WIM operating segment and therefore do not require a FICO score. (2) Includes charge-offs on overdrafts, which are generally charged-off at 60 days past due. NONACCRUAL LOANS. Table 5.13 provides loans on nonaccrual status. Nonaccrual loans may have an ACL or a negative allowance for credit losses from expected recoveries of amounts previously written off. Table 5.13: Nonaccrual Loans Outstanding balance Recognized interest income Nonaccrual loans Nonaccrual loans without related allowance for credit losses (1) Year ended December 31, (in millions) Dec 31, Dec 31, Dec 31, Dec 31, 2024 2023 Commercial and industrial $ 763 662 2 149 29 17 Commercial real estate 3,771 4,188 41 107 25 29 Lease financing 84 64 17 10 — — Total commercial 4,618 4,914 60 266 54 46 Residential mortgage 2,991 3,192 1,887 2,047 177 192 Auto 89 115 — — 14 18 Other consumer 32 35 — — 4 4 Total consumer 3,112 3,342 1,887 2,047 195 214 Total nonaccrual loans $ 7,730 8,256 1,947 2,313 249 260 (1) Nonaccrual loans may not have an allowance for credit losses if the loss expectations are zero given the related collateral value. LOANS IN PROCESS OF FORECLOSURE. Our recorded investment in consumer mortgage loans collateralized by residential real estate property that are in process of foreclosure was $705 million and $837 million at December 31, 2024 and 2023, respectively, which included $540 million and $660 million, respectively, of loans that are government insured/guaranteed. Under the Consumer Financial Protection Bureau guidelines, we do not commence the foreclosure process on residential mortgage loans until after the loan is 120 days delinquent. Foreclosure procedures and timelines vary depending on whether the property address resides in a judicial or non-judicial state. Judicial states require the foreclosure to be processed through the state’s courts while non-judicial states are processed without court intervention. Foreclosure timelines vary according to state law. LOANS 90 DAYS OR MORE PAST DUE AND STILL ACCRUING. Certain loans 90 days or more past due are still accruing, because they are (1) well-secured and in the process of collection or (2) residential mortgage or consumer loans exempt under regulatory rules from being classified as nonaccrual until later delinquency, usually 120 days past due. Table 5.14 shows loans 90 days or more past due and still accruing by class for loans not government insured/guaranteed. Table 5.14: Loans 90 Days or More Past Due and Still Accruing (in millions) Dec 31, Dec 31, Total: $ 4,802 3,751 Less: government insured/guaranteed loans (1) 2,801 2,646 Total, not government insured/guaranteed $ 2,001 1,105 By segment and class, not government insured/guaranteed: Commercial and industrial $ 537 43 Commercial real estate 468 145 Total commercial 1,005 188 Residential mortgage 39 31 Credit card 852 743 Auto 71 101 Other consumer 34 42 Total consumer 996 917 Total, not government insured/guaranteed $ 2,001 1,105 (1) LOAN MODIFICATIONS TO BORROWERS EXPERIENCING FINANCIAL DIFFICULTY. We may agree to modify the contractual terms of a loan to a borrower experiencing financial difficulty. Our commercial loan modifications may include principal forgiveness, interest rate reductions, payment delays, term extensions, or a combination of these modifications. Commercial loan term extensions have terms that vary based on the borrower’s request and are evaluated by our credit teams on an individual basis. Our consumer loan modifications vary based upon the loan product and the modification program offered to the borrower, and may include interest rate reductions, payment delays, term extensions, principal forbearance or forgiveness, or a combination of these modifications. Generally, our consumer loan modification programs modify the loan terms to achieve payment terms that are more affordable to the borrower and, as a result, increase the likelihood of full repayment of principal and interest. Our residential mortgage loan modification programs may offer a short-term payment deferral based upon the borrower’s demonstrated hardship, up to 12 months. If additional assistance is needed after 12 months, the borrower may request another loan modification. Modifications may also include a trial payment period of three months to determine if the borrower can perform in accordance with the proposed permanent loan modification terms. Loans in a trial payment period continue to advance through delinquency status and accrue interest according to their original terms. Credit card loan modifications result in a reduction in the credit card interest rate and may be offered on a short-term or long-term basis. A short-term interest rate reduction program reduces the borrower’s interest rate for 12 months. A long-term interest rate reduction program provides a reduction of the interest rate over a fixed five-year term. During the modification period, the borrower’s revolving charge privileges are revoked. Auto loan modifications generally include insignificant (e.g., three months or less) payment deferrals over the loan term. The following disclosures provide information on loan modifications in the form of principal forgiveness, interest rate reductions, other-than-insignificant (e.g., greater than three months) payment delays, term extensions or a combination of these modifications, as well as the financial effects of these modifications, and loan performance in the twelve months following the modification. Loans that both modify and are paid off or charged-off during the period are not included in the disclosures below. These disclosures do not include loans discharged by a bankruptcy court as the only concession, which were insignificant for the years ended December 31, 2024 and 2023. Table 5.15 presents the outstanding balance of modified commercial loans and the related financial effects of these modifications. At the time of modification, we may require that the borrower provide additional economic support, such as partial repayment, additional collateral, or guarantees. Table 5.15: Commercial Loan Modifications and Financial Effects Year ended December 31, ($ in millions) 2024 2023 Commercial and industrial modifications: Term extension $ 503 286 All other modifications and combinations 152 144 Total commercial and industrial modifications $ 655 430 Total commercial and industrial modifications as a % of loan class 0.17 % 0.11 Financial effects: Weighted average term extension (months) 25 15 Commercial real estate modifications: Term extension $ 2,085 458 All other modifications and combinations 336 9 Total commercial real estate modifications $ 2,421 467 Total commercial real estate modifications as a % of loan class 1.77 % 0.31 Financial effects: Weighted average term extension (months) 25 24 Commercial loans that received a modification during the years ended December 31, 2024 and 2023, and subsequently defaulted in the perio

Mortgage Banking Activities

Mortgage Banking Activities	12 Months Ended
	Dec. 31, 2024
Mortgage Banking Activities [Abstract]
Mortgage Banking Activities	Note 6: Mortgage Banking Activities Mortgage banking activities consist of residential and commercial mortgage originations, sales and servicing. We apply the fair value method to residential mortgage servicing rights (MSRs) and apply the amortization method to commercial MSRs. Table 6.1 presents MSRs, including the changes in MSRs measured using the fair value method and the amortization method. Table 6.1: Mortgage Servicing Rights Year ended December 31, (in millions) 2024 2023 2022 Residential MSRs at fair value, beginning of period $ 7,468 9,310 6,920 Originations/purchases 94 161 1,003 Sales and other (1) (312) (902) (614) Net additions (reductions) (218) (741) 389 Changes in fair value: Due to valuation inputs or assumptions: Market interest rates (2) 538 228 3,417 Servicing and foreclosure costs (45) (14) (17) Discount rates (73) (149) 42 Prepayment estimates and other (3) 72 21 (188) Net changes in valuation inputs or assumptions 492 86 3,254 Changes due to collection/realization of expected cash flows (4) (898) (1,187) (1,253) Total changes in fair value (406) (1,101) 2,001 Residential MSRs at fair value, end of period 6,844 7,468 9,310 Commercial MSRs at amortized cost, end of period (5) 935 1,040 1,170 Total MSRs $ 7,779 8,508 10,480 (1) For the year ended December 31, 2022, residential MSRs decreased $611 million due to the sale of interest-only strips related to excess servicing cash flows from agency residential mortgage-backed securitizations. (2) Includes prepayment rate changes due to changes in market interest rates. Residential MSRs are economically hedged with derivative instruments to reduce exposure to changes in market interest rates. (3) Represents other changes in valuation model inputs or assumptions, including prepayment rate estimation changes that are independent of mortgage interest rate changes. (4) Represents the reduction in the residential MSR fair value for the cash flows expected to be collected during the period, net of income accreted due to the passage of time. (5) The estimated fair value of commercial MSRs was $1.5 billion, $1.6 billion, and $2.1 billion at December 31, 2024 and 2023, and 2022, respectively. In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial MSRs at amortized cost to be reduced. Table 6.2 provides key weighted-average assumptions used in the valuation of residential MSRs and sensitivity of the current fair value of residential MSRs to immediate adverse changes in those assumptions. See Note 15 (Fair Value Measurements) for additional information on key assumptions for residential MSRs. Table 6.2: Assumptions and Sensitivity of Residential MSRs ($ in millions, except cost to service amounts) Dec 31, 2024 Dec 31, 2023 Fair value of interests held $ 6,844 7,468 Expected weighted-average life (in years) 6.4 6.3 Key assumptions: Prepayment rate assumption (1) 8.1 % 8.9 Impact on fair value from 10% adverse change $ (191) (224) Impact on fair value from 25% adverse change (461) (538) Discount rate assumption 10.1 % 9.4 Impact on fair value from 100 basis point increase $ (270) (294) Impact on fair value from 200 basis point increase (519) (565) Cost to service assumption ($ per loan) 103 105 Impact on fair value from 10% adverse change (134) (148) Impact on fair value from 25% adverse change (334) (369) (1) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior. The sensitivities in the preceding table are hypothetical and caution should be exercised when relying on this data. Changes in value based on variations in assumptions generally cannot be extrapolated because the relationship of the change in the assumption to the change in value may not be linear. Also, the effect of a variation in a particular assumption on the value of the other interests held is calculated independently without changing any other assumptions. In reality, changes in one factor may result in changes in others, which might magnify or counteract the sensitivities. We present information for our managed servicing portfolio in Table 6.3 using unpaid principal balance for loans serviced and subserviced for others and carrying value for owned loans serviced. As the servicer of loans for others, we advance certain payments of principal, interest, taxes, insurance, and default- related expenses. The credit risk related to these advances is limited since the reimbursement is generally senior to cash payments to investors and are generally reimbursed within a short timeframe from cash flows from the trust, government-sponsored enterprise (GSEs), insurer, or borrower. We maintain an allowance for uncollectible amounts for advances on loans serviced for others that may not be reimbursed if the payments were not made in accordance with applicable servicing agreements or if the insurance or servicing agreements contain limitations on reimbursements. We also advance payments of taxes and insurance for our owned loans which are collectible from the borrower. Servicing advances on owned loans are written-off when deemed uncollectible. Table 6.3: Managed Servicing Portfolio Dec 31, 2024 Dec 31, 2023 ($ in billions, unless otherwise noted) Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Serviced and subserviced for others (1) $ 488 531 560 548 Owned loans serviced 252 117 262 128 Total managed servicing portfolio 740 648 822 676 Total serviced for others, excluding subserviced for others 487 522 560 539 MSRs as a percentage of loans serviced for others 1.41 % 0.18 1.33 0.19 Weighted average note rate (mortgage loans serviced for others) 3.76 5.05 3.76 5.27 Servicer advances, net of an allowance for uncollectible amounts ($ in millions) (1) $ 977 1,173 1,103 1,031 (1) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial mortgage loans serviced for others and commercial mortgage servicer advances to be reduced. Table 6.4 presents the components of mortgage banking noninterest income. Table 6.4: Mortgage Banking Noninterest Income Year ended December 31, (in millions) 2024 2023 2022 Contractually specified servicing fees, late charges and ancillary fees $ 1,862 2,124 2,475 Unreimbursed servicing costs (1) (121) (115) (189) Amortization for commercial MSRs (2) (231) (238) (247) Changes due to collection/realization of expected cash flows (3) (A) (898) (1,187) (1,253) Net servicing fees 612 584 786 Changes in fair value of MSRs due to valuation inputs or assumptions (4) (B) 492 86 3,254 Net derivative losses from economic hedges (5) (522) (234) (3,507) Market-related valuation changes to residential MSRs, net of hedge results (30) (148) (253) Total net servicing income 582 436 533 Net gains on mortgage loan originations/sales (6) 465 393 850 Total mortgage banking noninterest income $ 1,047 829 1,383 Total changes in residential MSRs carried at fair value (A)+(B) $ (406) (1,101) 2,001 (1) Includes costs associated with foreclosures, unreimbursed interest advances to investors, other interest costs, and transaction costs associated with sales of residential MSRs. (2) Estimated future amortization expense for commercial MSRs was $220 million, $178 million, $141 million, $121 million, and $89 million for the years ended December 31, 2025, 2026, 2027, 2028, and 2029, respectively. (3) Represents the reduction in the cash flows expected to be collected during the period, net of income accreted due to the passage of time, for residential MSRs measured using the fair value method. (4) Refer to the analysis of changes in residential MSRs presented in Table 6.1 in this Note for more detail. (5) See Note 14 (Derivatives) for additional information on economic hedges for residential MSRs. (6) Includes net gains of $81 million, $95 million, and $2.5 billion for the years ended December 31, 2024, 2023, and 2022, respectively, related to derivatives used as economic hedges of mortgage loans held for sale and derivative loan commitments.

Intangible Assets and Other Ass

Intangible Assets and Other Assets	12 Months Ended
	Dec. 31, 2024
Intangible Assets, Goodwill and Other Assets Disclosure [Abstract]
Intangible Assets and Other Assets	Note 7: Intangible Assets and Other Assets Intangible assets include MSRs, goodwill, and customer relationship and other intangibles. For additional information on MSRs, see Note 6 (Mortgage Banking Activities). Customer relationship and other intangibles, which are included in other assets on our consolidated balance sheet, had a net carrying value of $73 million and $118 million at December 31, 2024 and 2023, respectively. Table 7.1 shows the allocation of goodwill to our reportable operating segments. Table 7.1: Goodwill (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Consolidated Company December 31, 2022 $ 16,418 2,931 5,375 344 105 25,173 Foreign currency translation — 2 — — — 2 December 31, 2023 16,418 2,933 5,375 344 105 25,175 Foreign currency translation — (8) — — — (8) December 31, 2024 $ 16,418 2,925 5,375 344 105 25,167 Table 7.2 presents the components of other assets. Table 7.2: Other Assets (in millions) Dec 31, 2024 Dec 31, 2023 Corporate/bank-owned life insurance (1) $ 19,751 19,705 Accounts receivable (2) 19,608 30,541 Interest receivable: AFS and HTM debt securities 1,544 1,616 Loans 3,420 3,933 Trading and other 1,371 1,211 Operating lease assets (lessor) 5,286 5,558 Operating lease ROU assets (lessee) 3,850 3,412 Other (3) 18,472 12,839 Total other assets $ 73,302 78,815 (1) Corporate/bank-owned life insurance is recognized at cash surrender value. (2) Primarily includes derivatives clearinghouse receivables, trade date receivables, and servicer advances, which are recognized at amortized cost. (3) Predominantly includes income tax receivables, prepaid expenses, physical commodities inventory (recognized at LOCOM), and venture capital investments in consolidated portfolio companies.

Leasing Activity

Leasing Activity	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leasing Activity	Note 8: Leasing Activity As a Lessor Table 8.1 presents the composition of our leasing revenue and Table 8.2 provides the components of our investment in lease financing. Noninterest income on leases, included in Table 8.1 is included in other noninterest income on our consolidated statement of income. Lease expense, included in other noninterest expense on our consolidated statement of income, was $633 million, $697 million, and $750 million for the years ended December 31, 2024, 2023, and 2022, respectively. Table 8.1: Leasing Revenue Year ended December 31, (in millions) 2024 2023 2022 Interest income on lease financing $ 904 740 600 Other lease revenue: Variable revenue on lease financing 92 97 114 Fixed revenue on operating leases 918 968 972 Variable revenue on operating leases 43 43 58 Other lease-related revenue (1) 178 129 125 Noninterest income on leases 1,231 1,237 1,269 Total leasing revenue $ 2,135 1,977 1,869 (1) Includes net gains (losses) on disposition of assets leased under operating leases or lease financings, and impairment charges. Table 8.2: Investment in Lease Financing (in millions) Dec 31, 2024 Dec 31, 2023 Lease receivables $ 15,290 15,142 Residual asset values 3,712 3,678 Unearned income (2,589) (2,397) Lease financing $ 16,413 16,423 Our net investment in financing and sales-type leases included $509 million and $640 million of leveraged leases at December 31, 2024 and 2023, respectively. As shown in Table 7.2, included in Note 7 (Intangible Assets and Other Assets), we had $5.3 billion and $5.6 billion in operating lease assets at December 31, 2024 and 2023, respectively, which was net of $2.9 billion and $3.0 billion of accumulated depreciation for 2024 and 2023, respectively. Depreciation expense for the operating lease assets was $407 million, $453 million, and $477 million in 2024, 2023, and 2022, respectively. Table 8.3 presents future lease payments owed by our lessees. Table 8.3: Maturities of Lease Receivables December 31, 2024 (in millions) Direct financing and sales- type leases Operating leases 2025 $ 4,628 562 2026 3,562 423 2027 2,548 317 2028 1,622 222 2029 908 141 Thereafter 2,022 258 Total lease receivables $ 15,290 1,923 As a Lessee Table 8.4 presents balances for our operating leases. Table 8.4: Operating Lease Right-of-Use (ROU) Assets and Lease Liabilities (in millions) Dec 31, 2024 Dec 31, 2023 ROU assets $ 3,850 3,412 Lease liabilities 4,423 4,060 Table 8.5 provides the composition of our lease costs, which are included in occupancy expense. Table 8.5: Lease Costs Year ended December 31, (in millions) 2024 2023 2022 Fixed lease expense – operating leases $ 971 990 1,022 Variable lease expense 271 268 277 Other (1) (43) (52) (37) Total lease costs $ 1,199 1,206 1,262 (1) Includes gains recognized from sale leaseback transactions and sublease rental income. Table 8.6 provides the future lease payments under operating leases as well as information on the remaining average lease term and discount rate as of December 31, 2024. Table 8.6: Lease Payments on Operating Leases (in millions, except for weighted averages) Dec 31, 2024 2025 $ 889 2026 938 2027 799 2028 661 2029 473 Thereafter 1,234 Total lease payments 4,994 Less: imputed interest 571 Total operating lease liabilities $ 4,423 Weighted average remaining lease term (in years) 6.6 Weighted average discount rate 3.6 % Our operating leases predominantly expire within the next 15 years, with the longest lease expiring in 2105. We do not include renewal or termination options in the establishment of the lease term when we are not reasonably certain that we will exercise them. As of December 31, 2024, we had additional operating leases commitments of $74 million, predominantly for real estate, which leases had not yet commenced. These leases are expected to commence during 2026 and have lease terms of 1 year to 18 years.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2024
Deposits [Abstract]
Deposits	Note 9: Deposits Table 9.1 presents a summary of both time certificates of deposit (CDs) and other time deposits issued by domestic and non-U.S. offices. Table 9.1: Time Deposits December 31, (in millions) 2024 2023 Total time deposits $ 139,865 192,267 Time deposits in excess of $250,000 29,675 57,489 The contractual maturities of time deposits are presented in Table 9.2. Table 9.2: Contractual Maturities of Time Deposits (in millions) December 31, 2024 2025 $ 126,470 2026 5,919 2027 3,554 2028 3,005 2029 614 Thereafter 303 Total $ 139,865

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2024
Long-Term Debt, Current and Noncurrent [Abstract]
Long-Term Debt	Note 10: Long-Term Debt We issue long-term debt denominated in multiple currencies, predominantly in U.S. dollars. Our issuances, which are generally unsecured, have both fixed and floating interest rates. Principal is repaid upon contractual maturity, unless redeemed at our option at an earlier date. Interest is paid predominantly on either a semi-annual or annual basis. As a part of our overall interest rate risk management strategy, we often use derivatives to manage our exposure to interest rate risk. We also use derivatives to manage our exposure to foreign currency risk. As a result, substantially all the long-term debt presented below is hedged in a hedge accounting relationship. We are subject to various financial and operational covenants as part of our long-term borrowing arrangements. Some of these arrangements have provisions that may limit the merger or sale of certain subsidiary banks and the issuance of capital stock or convertible securities by certain subsidiary banks. Table 10.1 presents a summary of our long-term debt carrying values, which reflects unamortized debt discounts and premiums and hedge basis adjustments, unless we have elected the fair value option. See Note 14 (Derivatives) for additional information on qualifying hedge contracts and Note 15 (Fair Value Measurements) for additional information on fair value option elections. The interest rates displayed represent the range of contractual rates in effect at December 31, 2024. These interest rates do not include the effects of any associated derivatives designated in a hedge accounting relationship. Table 10.1: Long-Term Debt December 31, 2024 2023 (in millions) Maturity date(s) Stated interest rate(s) Wells Fargo & Company (Parent only) Senior Fixed-rate notes 2025-2045 0.63-6.75% $ 33,194 42,384 Floating-rate notes 2026-2048 3.90-6.51% 3,339 1,046 FixFloat notes 2026-2053 1.74-6.49% 85,130 77,958 Structured notes (1) 7,189 6,900 Total senior debt – Parent 128,852 128,288 Subordinated Fixed-rate notes (2) 2025-2046 3.87-7.57% 17,091 18,841 Total subordinated debt – Parent 17,091 18,841 Junior subordinated Fixed-rate notes 2029-2036 5.95-7.95% 789 828 Floating-rate notes 2027 5.41-5.92% 368 355 Total junior subordinated debt – Parent 1,157 1,183 Total long-term debt – Parent (2) 147,100 148,312 Wells Fargo Bank, N.A., and other bank entities (Bank) Senior Fixed-rate notes 2025-2026 4.81-5.55% 8,262 6,506 Floating-rate notes 2025-2053 4.29-6.18% 1,864 1,416 Floating-rate advances – Federal Home Loan Bank (FHLB) (3) 2025 4.83-4.85% 3,000 38,000 Structured notes (1) 2,582 1,137 Finance leases 2025-2029 1.69-4.90% 16 19 Total senior debt – Bank 15,724 47,078 Subordinated Fixed-rate notes 2025-2038 5.85-7.74% 3,236 3,416 Total subordinated debt – Bank 3,236 3,416 Junior subordinated Floating-rate notes 2027 5.36-5.57% 429 414 Total junior subordinated debt – Bank (4) 429 414 Credit card securitizations (5) 2027 4.29-4.94% 2,240 — Other bank debt (6) 2025-2064 0.50-8.75% 3,080 7,558 Total long-term debt – Bank $ 24,709 58,466 (continued on following page) (continued from previous page) December 31, 2024 2023 (in millions) Maturity date(s) Stated interest rate(s) Other consolidated subsidiaries Senior Structured notes (1) $ 1,269 810 Total long-term debt – Other consolidated subsidiaries 1,269 810 Total long-term debt (7) $ 173,078 207,588 (1) Includes certain structured notes that have coupon or repayment terms linked to the performance of debt or equity securities, an embedded equity, commodity, or currency index, or basket of indices, for which the maturity may be accelerated based on the value of a referenced index or security. In addition, a major portion consists of zero coupon notes where interest is paid as part of the final redemption amount. (2) Includes fixed-rate subordinated notes issued by the Parent at a discount of $114 million and $118 million at December 31, 2024 and 2023, respectively, and debt issuance costs of $2 million at both December 31, 2024 and 2023, to effect a modification of Wells Fargo Bank, N.A., notes. These subordinated notes are carried at their par amount on the consolidated balance sheet of the Parent presented in Note 27 (Parent-Only Financial Statements). In addition, Parent long-term debt presented in Note 27 also includes affiliate related issuance costs of $365 million and $379 million at December 31, 2024 and 2023, respectively. (3) We pledge certain assets as collateral to secure advances from the FHLB. For additional information, see Note 19 (Pledged Assets and Collateral). (4) Includes $429 million and $414 million of junior subordinated debentures held by unconsolidated wholly-owned trust preferred security VIEs at December 31, 2024 and 2023, respectively. See Note 16 (Securitizations and Variable Interest Entities) for additional information about trust preferred security VIEs. (5) We pledge certain assets as collateral which can only be used to settle the liabilities of the consolidated VIE. For additional information about credit card securitizations, see Note 16 (Securitizations and Variable Interest Entities). (6) Effective January 1, 2024, we reclassified $4.9 billion of unfunded commitment liabilities for affordable housing investments to accrued expenses and other liabilities in connection with the adoption of ASU 2023-02. For additional information, see Note 1 (Summary of Significant Accounting Policies). (7) The majority of long-term debt is redeemable at our option at one or more dates prior to contractual maturity. The aggregate carrying value of long-term debt that matures (based on contractual payment dates) as of December 31, 2024, in each of the following five years and thereafter is presented in Table 10.2. Table 10.2: Maturity of Long-Term Debt December 31, 2024 (in millions) 2025 2026 2027 2028 2029 Thereafter Total Wells Fargo & Company (Parent Only) Senior debt $ 8,771 24,321 7,787 20,286 10,742 56,945 128,852 Subordinated debt 940 2,683 2,390 — — 11,078 17,091 Junior subordinated debt — — 368 — 266 523 1,157 Total long-term debt – Parent 9,711 27,004 10,545 20,286 11,008 68,546 147,100 Wells Fargo Bank, N.A., and other bank entities (Bank) Senior debt 7,826 7,687 3 28 2 178 15,724 Subordinated debt 150 — 26 193 — 2,867 3,236 Junior subordinated debt — — 429 — — — 429 Credit card securitizations — — 2,240 — — — 2,240 Other bank debt 110 58 71 71 47 2,723 3,080 Total long-term debt – Bank 8,086 7,745 2,769 292 49 5,768 24,709 Other consolidated subsidiaries Senior debt 377 220 43 5 288 336 1,269 Total long-term debt – Other consolidated subsidiaries 377 220 43 5 288 336 1,269 Total long-term debt $ 18,174 34,969 13,357 20,583 11,345 74,650 173,078

Preferred Stock

Preferred Stock	12 Months Ended
	Dec. 31, 2024
Preferred Stock [Abstract]
Preferred Stock	Note 11: Preferred Stock We are authorized to issue 20 million shares of preferred stock, without par value. Outstanding preferred shares rank senior to common shares both as to the payment of dividends and liquidation preferences but have no general voting rights. All outstanding preferred stock with a liquidation preference value, except for Series L Preferred Stock, may be redeemed for the liquidation preference value, plus any accrued but unpaid dividends, on any dividend payment date on or after the earliest redemption date for that series. Additionally, these same series of preferred stock may be redeemed following a “regulatory capital treatment event,” as described in the terms of each series. Capital actions, including redemptions of our preferred stock, may be subject to regulatory approval or conditions. In addition, we are authorized to issue 4 million shares of preference stock, without par value. We have not issued any preference shares under this authorization. If issued, preference shares would be limited to one vote per share. In March 2024, we redeemed our Preferred Stock, Series R. In June 2024, we redeemed our Preferred Stock, Series S. In July 2024, we issued $2.0 billion of our Preferred Stock, Series FF. Table 11.1 summarizes information about our preferred stock. Table 11.1: Preferred Stock December 31, 2024 December 31, 2023 (in millions, except shares) Earliest redemption date Shares Shares issued and outstanding Liquidation preference value Carrying Shares Shares Liquidation preference value Carrying value DEP Shares Dividend Equalization Preferred Shares (DEP) Currently redeemable 97,000 96,546 $ — — 97,000 96,546 $ — — Preferred Stock: Series L (1) 7.50% Non-Cumulative Perpetual Convertible Class A — 4,025,000 3,967,906 3,968 3,200 4,025,000 3,967,981 3,968 3,200 Series R 6.625% Fixed-to-Floating Non-Cumulative Perpetual Class A Redeemed — — — — 34,500 33,600 840 840 Series S 5.90% Fixed-to-Floating Non-Cumulative Perpetual Class A Redeemed — — — — 80,000 80,000 2,000 2,000 Series U 5.875% Fixed-to-Floating Non-Cumulative Perpetual Class A 6/15/2025 80,000 80,000 2,000 2,000 80,000 80,000 2,000 2,000 Series Y 5.625% Non-Cumulative Perpetual Class A Currently redeemable 27,600 27,600 690 690 27,600 27,600 690 690 Series Z 4.75% Non-Cumulative Perpetual Class A 3/15/2025 80,500 80,500 2,013 2,013 80,500 80,500 2,013 2,013 Series AA 4.70% Non-Cumulative Perpetual Class A 12/15/2025 46,800 46,800 1,170 1,170 46,800 46,800 1,170 1,170 Series BB 3.90% Fixed-Reset Non-Cumulative Perpetual Class A 3/15/2026 140,400 140,400 3,510 3,510 140,400 140,400 3,510 3,510 Series CC 4.375% Non-Cumulative Perpetual Class A 3/15/2026 46,000 42,000 1,050 1,050 46,000 42,000 1,050 1,050 Series DD 4.25% Non-Cumulative Perpetual Class A 9/15/2026 50,000 50,000 1,250 1,250 50,000 50,000 1,250 1,250 Series EE 7.625% Fixed-Reset Non-Cumulative Perpetual Class A 9/15/2028 69,000 69,000 1,725 1,725 69,000 69,000 1,725 1,725 Series FF 6.85% Fixed-Reset Non-Cumulative Perpetual Class A 9/15/2029 80,000 80,000 2,000 2,000 — — — — Total 4,742,300 4,680,752 $ 19,376 18,608 4,776,800 4,714,427 $ 20,216 19,448 (1) At the option of the holder, each share of Series L Preferred Stock may be converted at any time into 6.3814 shares of common stock, plus cash in lieu of fractional shares, subject to anti-dilution adjustments. If converted within 30 days of certain liquidation or change of control events, the holder may receive up to 16.5916 additional shares, or, at our option, receive an equivalent amount of cash in lieu of common stock. We may convert some or all of the Series L Preferred Stock into shares of common stock if the closing price of our common stock exceeds 130 percent of the conversion price of the Series L Preferred Stock for 20 trading days during any period of 30 consecutive trading days. We declared dividends of $298 million on Series L Preferred Stock in each of the years ended December 31, 2024, 2023, and 2022.

Common Stock and Stock Plans

Common Stock and Stock Plans	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Common Stock and Stock Plans	Note 12: Common Stock and Stock Plans Common Stock Table 12.1 and Table 12.2 present information related to our common stock. Table 12.1: Common Stock Shares Number of shares Shares reserved (1) 233,154,695 Shares issued 5,481,811,474 Shares not reserved or issued 3,285,033,831 Total shares authorized 9,000,000,000 (1) Shares reserved for employee stock plans (employee restricted share rights, performance share awards, 401(k), and deferred compensation plans), convertible securities, dividend reinvestment and common stock purchase plans, and director plans. Table 12.2: Common Stock Shares Outstanding Number of Shares Year ended December 31, (in millions) 2024 2023 2022 Balance, beginning of period 3,598.9 3,833.8 3,885.8 Issued 22.8 37.2 43.5 Repurchased (332.8) (272.1) (110.4) Issued to ESOP — — 14.9 Balance, end of period 3,288.9 3,598.9 3,833.8 Dividend Reinvestment and Common Stock Purchase Plans Participants in our dividend reinvestment and common stock direct purchase plans may purchase shares of our common stock at fair market value by reinvesting dividends and/or making optional cash payments under the plan’s terms. Employee Stock Plans We offer stock-based employee compensation plans as described below. For additional information on our accounting for stock-based compensation plans, see Note 1 (Summary of Significant Accounting Policies). We have granted restricted share rights (RSRs) and performance share awards (PSAs) as our primary long-term incentive awards. Holders of RSRs and PSAs may be entitled to receive additional RSRs and PSAs (dividend equivalents) equal to the cash dividends that would have been paid had the RSRs or PSAs been issued and outstanding shares. RSRs and PSAs granted as dividend equivalents are subject to the same vesting schedule and conditions as the underlying award. Table 12.3 summarizes the major components of stock compensation expense and the related recognized tax benefit. Table 12.3: Stock Compensation Expense Year ended December 31, (in millions) 2024 2023 2022 RSRs $ 1,180 1,069 947 Performance shares 101 53 31 Total stock compensation expense $ 1,281 1,122 978 Related recognized tax benefit $ 317 277 242 The total number of shares of common stock available for grant under the plans at December 31, 2024, was 77 million. Restricted Share Rights Holders of RSRs are entitled to the related shares of common stock at no cost generally vesting over three Table 12.4: Restricted Share Rights Number Weighted- Nonvested at January 1, 2024 59,547,247 $ 43.07 Granted 28,897,700 50.59 Vested (23,954,867) 46.54 Canceled or forfeited (2,448,184) 46.54 Nonvested at December 31, 2024 62,041,896 45.10 The weighted-average grant date fair value of RSRs granted during 2023 and 2022 was $44.15 and $51.80, respectively. At December 31, 2024, there was $1.2 billion of total unrecognized compensation cost related to nonvested RSRs. The cost is expected to be recognized over a weighted-average period of 2.4 years. The total fair value of RSRs that vested during 2024, 2023 and 2022 was $1.2 billion, $954 million and $1.0 billion, respectively. Director Awards We granted RSRs to non-employee directors at the annual meeting of stockholders in 2024 and 2023. These stock awards vested immediately. Performance Share Awards Holders of PSAs are entitled to the related shares of common stock at no cost subject to the Company’s achievement of specified financial performance goals over a three three A summary of the status of our PSAs at December 31, 2024, and changes during 2024 is in Table 12.5, based on the performance adjustments recognized as of December 2024. Table 12.5: Performance Share Awards Number Weighted- average grant-date fair value Nonvested at January 1, 2024 4,287,823 $ 36.51 Granted 1,563,471 44.57 Vested (2,403,495) 46.24 Canceled or forfeited (8,431) 39.09 Nonvested at December 31, 2024 3,439,368 33.37 The weighted-average grant date fair value of performance awards granted during 2023 and 2022 was $44.33 and $52.80, respectively. At December 31, 2024, there was $23 million of total unrecognized compensation cost related to nonvested performance awards. The cost is expected to be recognized over a weighted-average period of 1.4 years. The total fair value of PSAs that vested during 2024, 2023 and 2022 was $134 million, $31 million and $19 million, respectively.

Legal Actions

Legal Actions	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Legal Actions	Note 13: Legal Actions Wells Fargo and certain of our subsidiaries are involved in a number of judicial, regulatory, governmental, arbitration, and other proceedings or investigations concerning matters arising from the conduct of our business activities, and many of those proceedings and investigations expose Wells Fargo to potential financial loss or other adverse consequences. These proceedings and investigations include actions brought against Wells Fargo and/or our subsidiaries with respect to corporate-related matters and transactions in which Wells Fargo and/or our subsidiaries were involved. In addition, Wells Fargo and our subsidiaries may be requested to provide information to or otherwise cooperate with government authorities in the conduct of investigations of other persons or industry groups. We establish accruals for legal actions when potential losses associated with the actions become probable and the costs can be reasonably estimated. For such accruals, we record the amount we consider to be the best estimate within a range of potential losses that are both probable and estimable; however, if we cannot determine a best estimate, then we record the low end of the range of those potential losses. There can be no assurance as to the ultimate outcome of legal actions, including the matters described below, and the actual costs of resolving legal actions may be substantially higher or lower than the amounts accrued for those actions. ADVISORY ACCOUNT CASH SWEEP MATTERS. The United States Securities and Exchange Commission (SEC) has undertaken an investigation regarding the cash sweep options that the Company provides to investment advisory clients at account opening. In January 2025, the Company entered into an agreement with the SEC pursuant to which the Company paid $35 million to resolve the SEC’s investigation. In addition, putative class actions have been filed in federal district courts alleging that the Company breached its fiduciary duties or agreements with regard to rates paid to clients in its cash sweep program. ANTI-MONEY LAUNDERING AND ECONOMIC SANCTIONS RELATED INVESTIGATIONS. Government authorities are conducting inquiries or investigations regarding issues related to the Company’s anti-money laundering and sanctions programs. On September 12, 2024, the Company announced that Wells Fargo Bank, N.A. entered into a formal agreement with the Office of the Comptroller of the Currency (OCC) related to the bank’s anti-money laundering and sanctions risk management practices. COMPANY 401(K) PLAN LITIGATION. On September 26, 2022, participants in the Company’s 401(k) plan filed a putative class action in the United States District Court for the District of Minnesota alleging that the Company violated the Employee Retirement Income Security Act of 1974 in connection with certain transactions associated with the Employee Stock Ownership Plan feature of the Company’s 401(k) plan, including the manner in which the 401(k) plan purchased certain securities used in connection with the Company’s contributions to the 401(k) plan. HIRING PRACTICES MATTERS. Government agencies, including the United States Department of Justice and the SEC, have undertaken formal or informal inquiries or investigations regarding the Company’s hiring practices related to diversity. The United States Department of Justice and the SEC have since closed their investigations without taking action. A putative securities fraud class action has also been filed in the United States District Court for the Northern District of California alleging that the Company and certain of its executive officers made false or misleading statements about the Company’s hiring practices related to diversity. Allegations related to the Company’s hiring practices related to diversity are also among the subjects of a shareholder derivative lawsuit pending in the United States District Court for the Northern District of California. HOME MORTGAGE DISCRIMINATION LITIGATION. Plaintiffs representing a class of home mortgage applicants and customers filed putative class actions against Wells Fargo alleging that Wells Fargo’s mortgage lending policies and practices resulted in disparate treatment and disparate impact against minority applicants. These actions have been consolidated in the United States District Court for the Northern District of California. INTERCHANGE LITIGATION. Plaintiffs representing a class of merchants have filed putative class actions, and individual merchants have filed individual actions, alleging that Visa and Mastercard, as well as certain payment card issuing banks including Wells Fargo, unlawfully colluded to set interchange rates associated with Visa and Mastercard payment card transactions and that enforcement of certain Visa and Mastercard rules and alleged tying and bundling of services offered to merchants were anticompetitive. These actions have been consolidated in the United States District Court for the Eastern District of New York. Wells Fargo, along with other defendants and entities, are parties to loss and judgment sharing agreements, which provide that they, along with other entities, will share, based on a formula, in any losses or judgments from the relevant litigation. In July 2012, Visa, Mastercard, and the financial institution defendants, including Wells Fargo, agreed to pay a total of approximately $6.6 billion in order to settle the consolidated action. Several merchants opted out of the settlement and are pursuing individual actions. In June 2016, the United States Court of Appeals for the Second Circuit vacated the settlement agreement and reversed and remanded the consolidated action to the district court for further proceedings. In November 2016, the district court appointed lead class counsel for a damages class and an equitable relief class. The parties entered into a settlement agreement to resolve the damages class claims pursuant to which defendants agreed to pay a total of approximately $6.2 billion, which includes approximately $5.3 billion of funds remaining in escrow from the 2012 settlement and $900 million in additional funding. Wells Fargo’s allocated responsibility for the additional funding is approximately $94.5 million. The court granted final approval of the settlement on December 13, 2019, which was affirmed by the Second Circuit on March 15, 2023. On September 27, 2021, the district court granted the plaintiffs’ motion for class certification in the equitable relief case. On March 26, 2024, Visa and Mastercard entered into a settlement agreement to resolve the equitable relief class claims, which was denied by the district court on June 25, 2024. Some of the opt-out and direct-action cases have been settled while others remain pending. SEMINOLE TRIBE TRUSTEE LITIGATION. The Seminole Tribe of Florida filed a complaint in Florida state court alleging that Wells Fargo, as trustee, charged excess fees in connection with the administration of a minor’s trust and failed to invest the assets of the trust prudently. The complaint was later amended to include three individual current and former beneficiaries as plaintiffs and to remove the Tribe as a party to the case. Trial commenced in the case in February 2025. ZELLE LITIGATION. On December 20, 2024, the Consumer Financial Protection Bureau filed a complaint in the United States District Court for the District of Arizona against multiple financial services companies, including Wells Fargo, regarding fund transfers made through the Zelle Network. OUTLOOK. As described above, the Company establishes accruals for legal actions when potential losses associated with the actions become probable and the costs can be reasonably estimated. The high end of the range of reasonably possible losses in excess of the Company’s accrual for probable and estimable losses was approximately $2.0 billion as of December 31, 2024. The outcomes of legal actions are unpredictable and subject to significant uncertainties, and it is inherently difficult to determine whether any loss is probable or even possible. It is also inherently difficult to estimate the amount of any loss and there may be matters for which a loss is probable or reasonably possible but not currently estimable. Accordingly, actual losses may be in excess of the established accrual or the range of reasonably possible loss. Based on information currently available, advice of counsel, available insurance coverage, and established reserves, Wells Fargo believes that the eventual outcome of the actions against Wells Fargo and/or its subsidiaries will not, individually or in the aggregate, have a material adverse effect on Wells Fargo’s consolidated financial condition. However, it is possible that the ultimate resolution of a matter, if unfavorable, may be material to Wells Fargo’s results of operations for any particular period.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Note 14: Derivatives We use derivatives to manage exposure to market risk, including interest rate risk, credit risk and foreign currency risk, and to assist customers with their risk management objectives. We designate certain derivatives as hedging instruments in qualifying hedge accounting relationships (fair value or cash flow hedges). Our remaining derivatives consist of economic hedges that do not qualify for, or we have elected not to apply, hedge accounting and derivatives held for customer accommodation trading purposes. Risk Management Derivatives Our asset/liability management approach to interest rate, foreign currency and certain other risks includes the use of derivatives, which are typically designated as fair value or cash flow hedges, or economic hedges. We use derivatives to help minimize significant, unplanned fluctuations in earnings, fair values of assets and liabilities, and cash flows caused by interest rate, foreign currency and other market risk volatility. This approach involves modifying the repricing characteristics of certain assets and liabilities so that changes in interest rates, foreign currency and other exposures, which may cause the hedged assets and liabilities to gain or lose fair value, do not have a significant adverse effect on the net interest margin, cash flows and earnings. Customer Accommodation Trading We also use various derivatives, including interest rate, commodity, equity, credit and foreign exchange contracts, as an accommodation to our customers as part of our trading businesses. These derivative transactions, which involve engaging in market-making activities or acting as an intermediary, are conducted in an effort to help customers manage their market risks. We usually offset our exposure from such derivatives by entering into other financial contracts, such as separate derivative or security transactions. Table 14.1 presents the total notional or contractual amounts and fair values for our derivatives. Derivative transactions can be measured in terms of the notional amount, but this amount is not recorded on our consolidated balance sheet and is not, when viewed in isolation, a meaningful measure of the risk profile of the instruments. The notional amount is generally not exchanged, but is used only as the basis on which derivative cash flows are determined. Table 14.1: Notional or Contractual Amounts and Fair Values of Derivatives December 31, 2024 December 31, 2023 Notional or contractual amount Fair value Notional or contractual amount Fair value Derivative assets Derivative liabilities Derivative assets Derivative liabilities (in millions) Derivatives designated as hedging instruments Interest rate contracts $ 294,127 352 863 357,096 639 570 Commodity contracts 4,756 17 10 2,600 24 12 Foreign exchange contracts 3,326 12 370 4,193 60 395 Total derivatives designated as qualifying hedging instruments 381 1,243 723 977 Derivatives not designated as hedging instruments Interest rate contracts 9,510,281 28,463 30,272 10,409,720 31,806 36,312 Commodity contracts 96,321 2,624 1,623 88,491 2,717 2,734 Equity contracts 487,097 15,201 15,606 438,458 13,305 13,810 Foreign exchange contracts 3,506,412 51,944 50,555 2,273,383 24,707 26,762 Credit contracts 47,557 96 50 60,439 113 44 Total derivatives not designated as hedging instruments 98,328 98,106 72,648 79,662 Total derivatives before netting 98,709 99,349 73,371 80,639 Netting (78,697) (83,014) (55,148) (62,144) Total $ 20,012 16,335 18,223 18,495 Balance Sheet Offsetting We execute substantially all of our derivative transactions under master netting arrangements. When legally enforceable, these master netting arrangements give the ability, in the event of default by the counterparty, to liquidate securities held as collateral and to offset receivables and payables with the same counterparty. We reflect all derivative balances and related cash collateral subject to legally enforceable master netting arrangements on a net basis on our consolidated balance sheet. We do not net non-cash collateral that we receive or pledge against derivative balances on our consolidated balance sheet. For disclosure purposes, we present “Total Derivatives, net” which represents the aggregate of our net exposure to each counterparty after considering the balance sheet netting adjustments and any non-cash collateral. We manage derivative exposure by monitoring the credit risk associated with each counterparty using counterparty-specific credit risk limits, using master netting arrangements and obtaining collateral. Table 14.2 provides information on the fair values of derivative assets and liabilities subject to legally enforceable master netting arrangements with the same counterparty, the balance sheet netting adjustments and the resulting net fair value amount recorded on our consolidated balance sheet, as well as the non-cash collateral associated with such arrangements. In addition to the netting amounts included in the table, we also have balance sheet netting related to resale and repurchase agreements that are disclosed within Note 18 (Securities Financing Activities). Table 14.2: Offsetting of Derivative Assets and Liabilities December 31, 2024 December 31, 2023 (in millions) Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Interest rate contracts Over-the-counter (OTC) $ 26,350 27,786 29,040 31,809 OTC cleared 961 1,126 1,581 1,397 Exchange traded 178 121 195 201 Total interest rate contracts 27,489 29,033 30,816 33,407 Commodity contracts OTC 1,936 1,121 2,014 2,254 Exchange traded 301 327 512 356 Total commodity contracts 2,237 1,448 2,526 2,610 Equity contracts OTC 6,139 9,977 5,375 8,501 Exchange traded 7,195 4,271 4,790 3,970 Total equity contracts 13,334 14,248 10,165 12,471 Foreign exchange contracts OTC 51,541 50,654 24,511 26,961 Total foreign exchange contracts 51,541 50,654 24,511 26,961 Credit contracts OTC 91 46 77 39 Total credit contracts 91 46 77 39 Total derivatives subject to enforceable master netting arrangements, gross 94,692 95,429 68,095 75,488 Less: Gross amounts offset Counterparty netting (1) (69,080) (68,945) (50,692) (50,606) Cash collateral netting (9,617) (14,069) (4,456) (11,538) Total derivatives subject to enforceable master netting arrangements, net 15,995 12,415 12,947 13,344 Derivatives not subject to enforceable master netting arrangements 4,017 3,920 5,276 5,151 Total derivatives recognized in consolidated balance sheet, net 20,012 16,335 18,223 18,495 Non-cash collateral (4,024) (2,853) (2,587) (4,388) Total Derivatives, net $ 15,988 13,482 15,636 14,107 (1) Represents amounts with counterparties subject to enforceable master netting arrangements that have been offset in our consolidated balance sheet, including portfolio level valuation adjustments related to customer accommodation and other trading derivatives. These valuation adjustments were primarily related to interest rate and foreign exchange contracts. Tables 14.7 and 14.8 present information related to derivative valuation adjustments. Fair Value and Cash Flow Hedges For fair value hedges, we use interest rate swaps to convert certain of our fixed-rate long-term debt and time certificates of deposit to floating rates to hedge our exposure to interest rate risk. We also enter into cross-currency swaps, cross-currency interest rate swaps and forward contracts to hedge our exposure to foreign currency risk and interest rate risk associated with the issuance of non-U.S. dollar denominated long-term debt. We also enter into futures contracts, forward contracts, and swap contracts to hedge our exposure to the price risk of physical commodities included in other assets on our consolidated balance sheet. In addition, we use interest rate swaps, cross-currency swaps, cross-currency interest rate swaps and forward contracts to hedge against changes in fair value of certain investments in AFS debt securities due to changes in interest rates, foreign currency rates, or both. For certain fair value hedges of interest rate risk, we use the portfolio layer method to hedge stated amounts of closed portfolios of AFS debt securities. For certain fair value hedges of foreign currency risk, changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income (OCI). See Note 25 (Other Comprehensive Income) for the amounts recognized in other comprehensive income. For cash flow hedges, we use interest rate swaps to hedge the variability in interest payments received on certain interest-earning deposits with banks and certain floating-rate commercial loans. We also use cross-currency swaps to hedge variability in interest payments on fixed-rate foreign currency-denominated long-term debt due to changes in foreign exchange rates. We estimate $547 million pre-tax of deferred net losses related to cash flow hedges in OCI at December 31, 2024, will be reclassified into net interest income during the next twelve months. For cash flow hedges as of December 31, 2024, we are hedging our interest rate and foreign currency exposure to the variability of future cash flows for all forecasted transactions for a maximum of approximately 8 years. For additional information on our accounting hedges, see Note 1 (Summary of Significant Accounting Policies). Table 14.3 and Table 14.4 show the net gains (losses) related to derivatives in cash flow and fair value hedging relationships, respectively. Table 14.3: Gains (Losses) Recognized on Cash Flow Hedging Relationships Net interest income Total recorded in net income Total recorded in OCI (in millions) Loans Other interest income Long-term debt Derivative gains (losses) Derivative gains (losses) Year ended December 31, 2024 Total amounts presented in the consolidated statement of income and other comprehensive income $ 57,895 13,672 (12,463) N/A (356) Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (444) (396) — (840) 840 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1,222) Total gains (losses) (pre-tax) on interest rate contracts (444) (396) — (840) (382) Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (7) (7) 7 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1) Total gains (losses) (pre-tax) on foreign exchange contracts — — (7) (7) 6 Total gains (losses) (pre-tax) recognized on cash flow hedges $ (444) (396) (7) (847) (376) Year ended December 31, 2023 Total amounts presented in the consolidated statement of income and other comprehensive income $ 57,155 10,810 (11,572) N/A 545 Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (267) (449) — (716) 716 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (201) Total gains (losses) (pre-tax) on interest rate contracts (267) (449) — (716) 515 Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (8) (8) 8 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A — Total gains (losses) (pre-tax) on foreign exchange contracts — — (8) (8) 8 Total gains (losses) (pre-tax) recognized on cash flow hedges $ (267) (449) (8) (724) 523 Year ended December 31, 2022 Total amounts presented in the consolidated statement of income and other comprehensive income $ 37,715 3,308 (5,505) N/A (1,448) Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (20) 24 — 4 (4) Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1,524) Total gains (losses) (pre-tax) on interest rate contracts (20) 24 — 4 (1,528) Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (10) (10) 10 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (17) Total gains (losses) (pre-tax) on foreign exchange contracts — — (10) (10) (7) Total gains (losses) (pre-tax) recognized on cash flow hedges $ (20) 24 (10) (6) (1,535) Table 14.4: Gains (Losses) Recognized on Fair Value Hedging Relationships Net interest income Noninterest income Total recorded in net income Total recorded in OCI (in millions) Debt securities Deposits Long-term debt Net gains from trading and securities Other Derivative gains (losses) Derivative gains (losses) Year ended December 31, 2024 Total amounts presented in the consolidated statement of income and other comprehensive income $ 18,042 (24,282) (12,463) 5,434 2,321 N/A (356) Interest contracts Amounts related to cash flows on derivatives 864 (398) (3,752) — — (3,286) N/A Recognized on derivatives 212 (57) (2,109) — — (1,954) — Recognized on hedged items (202) 47 2,072 — — 1,917 N/A Total gains (losses) (pre-tax) on interest rate contracts 874 (408) (3,789) — — (3,323) — Foreign exchange contracts Amounts related to cash flows on derivatives — — (114) — — (114) N/A Recognized on derivatives — — 6 (103) — (97) 20 Recognized on hedged items — — (19) 105 — 86 N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (127) 2 — (125) 20 Commodity contracts Recognized on derivatives — — — — (372) (372) — Recognized on hedged items — — — — 456 456 N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 84 84 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 874 (408) (3,916) 2 84 (3,364) 20 Year ended December 31, 2023 Total amounts presented in the consolidated statement of income and other comprehensive income $ 16,108 (16,503) (11,572) 4,368 1,935 N/A 545 Interest contracts Amounts related to cash flows on derivatives 1,137 (346) (3,490) — — (2,699) N/A Recognized on derivatives (536) 312 2,634 — — 2,410 — Recognized on hedged items 534 (304) (2,631) — — (2,401) N/A Total gains (losses) (pre-tax) on interest rate contracts 1,135 (338) (3,487) — — (2,690) — Foreign exchange contracts Amounts related to cash flows on derivatives — — (223) — — (223) N/A Recognized on derivatives — — 75 — 108 183 22 Recognized on hedged items — — (98) — (99) (197) N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (246) — 9 (237) 22 Commodity contracts Recognized on derivatives — — — — 34 34 — Recognized on hedged items — — — — 45 45 N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 79 79 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 1,135 (338) (3,733) — 88 (2,848) 22 Year ended December 31, 2022 Total amounts presented in the consolidated statement of income and other comprehensive income $ 11,781 (2,349) (5,505) 1,461 2,821 N/A (1,448) Interest contracts Amounts related to cash flows on derivatives 143 65 313 — — 521 N/A Recognized on derivatives 3,616 (345) (18,056) — — (14,785) — Recognized on hedged items (3,576) 350 17,919 — — 14,693 N/A Total gains (losses) (pre-tax) on interest rate contracts 183 70 176 — — 429 — Foreign exchange contracts Amounts related to cash flows on derivatives — — (189) — — (189) N/A Recognized on derivatives — — (1,120) — (1,021) (2,141) 87 Recognized on hedged items — — 1,097 — 1,005 2,102 N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (212) — (16) (228) 87 Commodity contracts Recognized on derivatives — — — — 57 57 — Recognized on hedged items — — — — (43) (43) N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 14 14 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 183 70 (36) — (2) 215 87 Table 14.5 shows the carrying amount and associated cumulative basis adjustment related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships. Table 14.5: Hedged Items in Fair Value Hedging Relationships Hedged items currently designated Hedged items no longer designated (in millions) Carrying amount of assets/(liabilities) (1)(2) Hedge accounting Carrying amount of assets/(liabilities) (2) Hedge accounting basis adjustment December 31, 2024 Available-for-sale debt securities (4)(5) $ 37,410 (1,546) 10,778 312 Other assets (6) 4,787 100 — — Interest-bearing deposits (54,084) (56) — — Long-term debt (151,743) 12,858 — — December 31, 2023 Available-for-sale debt securities (4)(5) $ 55,898 (2,384) 13,418 504 Other assets (6) 2,262 67 — — Interest-bearing deposits (89,641) (101) — — Long-term debt (146,940) 10,990 — — (1) Does not include the carrying amount of hedged items where only foreign currency risk is the designated hedged risk. The carrying amount excluded $ 260 million 404 million (2) Represents the full carrying amount of the hedged asset or liability item as of the balance sheet date, except for circumstances in which only a portion of the asset or liability was designated as the hedged item in which case only the portion designated is presented. (3) The balance includes $566 million and $731 million of long-term debt cumulative basis adjustments as of December 31, 2024 and 2023, respectively, on terminated hedges whereby the hedged items have subsequently been re-designated into existing hedges. (4) Carrying amount represents the amortized cost. (5) At December 31, 2024 and 2023, the amortized cost of closed portfolios of AFS debt securities using the portfolio layer method was $18.6 billion and $28.2 billion, respectively, of which $9.0 billion and $25.8 billion was designated as hedged, respectively. The balance includes cumulative basis adjustments of $(43) million and $(46) million as of December 31, 2024 and 2023, respectively, related to certain AFS debt securities designated as the hedged item in a fair value hedge using the portfolio layer method. (6) Other assets consists of hedged physical commodity inventory. Derivatives Not Designated as Hedging Instruments Derivatives not designated as hedging instruments include economic hedges and derivatives entered into for customer accommodation trading purposes. ECONOMIC HEDGES. Economic hedge derivatives do not qualify for, or we have elected not to apply, hedge accounting. We use economic hedge derivatives to manage our non-trading exposures to interest rate risk, equity price risk, foreign currency risk, and credit risk. Table 14.6 shows the net gains (losses) related to economic hedge derivatives. Gains (losses) on customer accommodation trading derivatives are excluded from Table 14.6. For additional information, see Note 2 (Trading Activities). Table 14.6: Gains (Losses) on Economic Hedge Derivatives Year ended December 31, (in millions) 2024 2023 2022 Interest rate contracts (1) $ (633) (321) (2,202) Equity contracts (2) (17) (177) (1,147) Foreign exchange contracts (3) 300 (824) 547 Credit contracts (4) 4 13 6 Net gains (losses) recognized related to economic hedge derivatives $ (346) (1,309) (2,796) (1) Derivative gains and (losses) related to mortgage banking activities were recorded in mortgage banking noninterest income. These activities include hedges of residential MSRs, residential mortgage LHFS, derivative loan commitments, and other interests held. For additional information on our mortgage banking interest rate contracts, see Note 6 (Mortgage Banking Activities). Other derivative gains and (losses) not related to mortgage banking were recorded in other noninterest income. (2) Includes derivative gains and (losses) used to economically hedge the deferred compensation plan liabilities, which were recorded in personnel noninterest expense, and derivative instruments related to our previous sales of shares of Visa Inc. Class B common stock, which were recorded in other noninterest income. (3) Includes derivatives used to mitigate foreign exchange risk of specified foreign currency-denominated assets and liabilities. In 2024, gains and (losses) were recorded in net gains from trading and securities within noninterest income. Prior to 2024, gains and (losses) were recorded in other noninterest income. (4) Includes credit derivatives used to mitigate credit risk associated with loans. Gains and (losses) were recorded in other noninterest income. CUSTOMER ACCOMMODATION TRADING. For customer accommodation trading purposes, we use swaps, futures, forwards, spots and options to assist our customers in managing their own risks, including interest rate, commodity, equity, foreign exchange, and credit contracts. These derivatives are not linked to specific assets and liabilities on our consolidated balance sheet or to forecasted transactions in an accounting hedge relationship and, therefore, do not qualify for hedge accounting. Customer accommodation trading derivatives also include derivatives entered into to manage our risk exposure related to trading assets or liabilities. Changes in the fair value of customer accommodation trading derivatives are recorded in net gains from trading and securities. DERIVATIVE VALUATION ADJUSTMENTS. We incorporate certain adjustments in determining the fair value of our derivatives, including credit valuation adjustments (CVA) to reflect counterparty credit risk related to derivative assets, debit valuation adjustments (DVA) to reflect Wells Fargo’s own credit risk related to derivative liabilities, and funding valuation adjustments (FVA) to reflect the funding cost of uncollateralized or partially collateralized derivative assets and liabilities. CVA, which considers the effects of enforceable master netting agreements and collateral arrangements, reflects market-based views of the credit quality of each counterparty. We estimate CVA based on observed credits spreads in the credit default swap market and indices indicative of the credit quality of the counterparties to our derivatives. Table 14.7 presents the impact of derivative valuation adjustments (excluding the effect of any related hedges), which are included in net gains (losses) from trading and securities on the consolidated statement of income. For additional information, see Note 2 (Trading Activities). Table 14.7: Net Gains (Losses) from Derivative Valuation Adjustments Year ended December 31, (in millions) 2024 2023 2022 CVA $ 17 80 (88) DVA 4 (109) 173 FVA (85) — — Total $ (64) (29) 85 Table 14.8 presents the impact of derivative valuation adjustments on derivative fair values. Table 14.8: Derivative Valuation Adjustments Contra Liability (Contra Asset) (in millions) Dec 31, Dec 31, CVA $ (275) (292) DVA 226 222 FVA, net (85) — Total derivative valuation adjustments $ (134) (70) Sold Credit Derivatives Credit derivative contracts are arrangements whose value is derived from the transfer of credit risk of a reference asset or entity from one party (the purchaser of credit protection) to another party (the seller of credit protection). We generally use credit derivatives to assist customers with their risk management objectives by purchasing and selling credit protection on corporate debt obligations through the use of credit default swaps or through risk participation swaps to help manage counterparty exposure. We would be required to perform under the credit derivatives we sold in the event of default by the referenced obligors. Events of default include events such as bankruptcy, capital restructuring or lack of principal and/or interest payment. Table 14.9 provides details of sold credit derivatives. Table 14.9: Sold Credit Derivatives Notional amount (in millions) Protection sold Protection sold – non-investment grade December 31, 2024 Credit default swaps $ 10,516 684 Risk participation swaps 6,007 3,779 Total credit derivatives $ 16,523 4,463 December 31, 2023 Credit default swaps $ 18,453 1,399 Risk participation swaps 6,632 6,485 Total credit derivatives $ 25,085 7,884 Protection sold represents the estimated maximum exposure to loss that would be incurred if, upon an event of default, the value of our interests and any associated collateral declined to zero, and does not take into consideration any recovery value from the referenced obligation or offset from collateral held or any economic hedges. The amounts under non-investment grade represent the notional amounts of those credit derivatives on which we have a higher risk of being required to perform under the terms of the credit derivative and are a function of the underlying assets. We consider the credit risk to be low if the underlying assets under the credit derivative have an external rating that is investment grade. If an external rating is not available, we classify the credit derivative as non-investment grade. Our maximum exposure to sold credit derivatives is managed through posted collateral, which may include cash and non-cash collateral, and purchased credit derivatives with identical or similar reference positions in order to achieve our desired credit risk profile. Our credit risk management approach is designed to provide the ability to recover amounts that would be paid under sold credit derivatives. Credit-Risk Contingent Features Certain of our derivative contracts contain provisions whereby if the credit rating of our debt were to be downgraded by certain major credit rating agencies, the counterparty could demand additional collateral or require termination or replacement of derivative instruments in a net liability position. Table 14.10 illustrates our exposure to OTC bilateral derivative contracts with credit-risk contingent features, collateral we have posted, and the additional collateral we would be required to post if the credit rating of our debt was downgraded below investment grade. Table 14.10: Credit-Risk Contingent Features (in billions) Dec 31, Dec 31, Net derivative liabilities with credit-risk contingent features $ 23.8 23.7 Collateral posted 19.8 21.4 Additional collateral to be posted upon a below investment grade credit rating (1) 4.1 2.3 (1) Any credit rating below investment grade requires us to post the maximum amount of collateral.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 15: Fair Value Measurements We use fair value measurements to record fair value adjustments to certain assets and liabilities and to fulfill fair value disclosure requirements. Assets and liabilities recorded at fair value on a recurring basis, such as derivatives, residential MSRs, and trading or AFS debt securities, are presented in Table 15.1 in this Note. Additionally, from time to time, we record fair value adjustments on a nonrecurring basis. These nonrecurring adjustments typically involve application of an accounting method such as lower of cost or fair value (LOCOM) and the measurement alternative, or write-downs of individual assets. Assets recorded at fair value on a nonrecurring basis are presented in Table 15.4 in this Note. We provide in Table 15.9 estimates of fair value for financial instruments that are not recorded at fair value, such as loans and debt liabilities carried at amortized cost. FAIR VALUE HIERARCHY. We classify our assets and liabilities recorded at fair value as either Level 1, 2, or 3 in the fair value hierarchy. The highest priority (Level 1) is assigned to valuations based on unadjusted quoted prices in active markets and the lowest priority (Level 3) is assigned to valuations that include one or more significant unobservable inputs. See Note 1 (Summary of Significant Accounting Policies) for a detailed description of the fair value hierarchy. In the determination of the classification of financial instruments in Level 2 or Level 3 of the fair value hierarchy, we consider all available information, including observable market data, indications of market liquidity and orderliness of transactions, and our understanding of the valuation techniques and significant inputs used. This determination is ultimately based upon the specific facts and circumstances of each instrument or instrument category and judgments are made regarding the significance of the unobservable inputs to the instruments’ fair value measurement in its entirety. If one or more unobservable inputs is considered significant, the instrument is classified as Level 3. We do not classify nonmarketable equity securities in the fair value hierarchy if we use the non-published net asset value (NAV) per share (or its equivalent) as a practical expedient to measure fair value. Marketable equity securities with published NAVs are classified in the fair value hierarchy. Assets TRADING DEBT SECURITIES. Trading debt securities are recorded at fair value on a recurring basis. These securities are valued using internal trader prices that are subject to independent price verification procedures, which includes comparing internal trader prices against multiple independent pricing sources, such as prices obtained from third-party pricing services, observed trades, and other approved market data. These pricing services compile prices from various sources and may apply matrix pricing for similar securities when no price is observable. We review pricing methodologies provided by pricing services to determine if observable market information is being used versus unobservable inputs. When evaluating the appropriateness of an internal trader price, compared with other independent pricing sources, considerations include the range and quality of available information and observability of trade data. These sources are used to evaluate the reasonableness of a trader price; however, valuing financial instruments involves judgments acquired from knowledge of a particular market. Substantially all of our trading debt securities are recorded using internal trader prices. AVAILABLE-FOR-SALE DEBT SECURITIES. AFS debt securities are recorded at fair value on a recurring basis. Fair value measurement for AFS debt securities is based upon various sources of market pricing. Where available, we use quoted prices in active markets. When instruments are traded in secondary markets and quoted prices in active markets do not exist for such securities, we use prices obtained from third-party pricing services and, to a lesser extent, may use prices obtained from independent broker-dealers (brokers), collectively vendor prices that are subject to independent price verification procedures. Substantially all of our AFS debt securities are recorded using vendor prices. See the “Level 3 Asset and Liability Valuation Processes – Vendor Developed Valuations” section in this Note for additional discussion of our processes when using vendor prices to record fair value of AFS debt securities, which includes those classified as Level 2 or Level 3 within the fair value hierarchy. When vendor prices are deemed inappropriate, they may be adjusted based on other market data or internal models. We also use internal models when no vendor prices are available. Internal models use discounted cash flow techniques or market comparable pricing techniques and are subject to independent price verification procedures. LOANS HELD FOR SALE (LHFS). LHFS generally includes originated or purchased commercial and residential mortgage loans for sale in the securitization or whole loan market. A significant portion of residential LHFS, and our portfolio of commercial LHFS in our trading business, are recorded at fair value on a recurring basis. The remaining LHFS are held at LOCOM which may be written down to fair value on a nonrecurring basis. Fair value for LHFS that are not part of our trading business is based on quoted market prices, where available, or the prices for other mortgage whole loans with similar characteristics. We may use securitization prices that are adjusted for typical securitization activities including servicing value, portfolio composition, market conditions and liquidity. Fair value for LHFS in our trading business is based on pending transactions when available. Where market pricing data or pending transactions are not available, we use a discounted cash flow model to estimate fair value. LOANS. Although loans are recorded at amortized cost, we record nonrecurring fair value adjustments to reflect write-downs that are based on the observable market price of the loan or current appraised value of the collateral less costs to sell. MORTGAGE SERVICING RIGHTS (MSRs). Residential MSRs are carried at fair value on a recurring basis. Commercial MSRs are carried at LOCOM and may be written down to fair value on a nonrecurring basis. MSRs do not trade in an active market with readily observable prices. We determine the fair value of MSRs using a valuation model that estimates the present value of expected future net servicing income. The model incorporates assumptions that market participants may use in estimating future net servicing income cash flows, including estimates of prepayment rates (including housing price volatility for residential MSRs), discount rates, and cost to service (including delinquency and foreclosure costs). See the “Level 3 Asset and Liability Valuation Processes – Internal Model Valuations” section in this Note for additional discussion of our processes when using internal models to record fair value of residential MSRs, which are classified as Level 3 within the fair value hierarchy. DERIVATIVES. Derivatives are recorded at fair value on a recurring basis. Other than certain exchange-traded derivatives that are actively traded and valued using quoted market prices, derivatives are measured using internal valuation techniques that are subject to independent price verification procedures. These instruments, which include derivatives traded in over-the-counter (OTC) markets, with clearinghouses, and on exchanges, are classified as Level 2 or Level 3 of the fair value hierarchy, depending on the significance of unobservable inputs in the valuation. Valuation techniques and inputs to internal models depend on the type of derivative and nature of the underlying rate, price or index upon which the value of the derivative is based. Key inputs can include yield curves, credit curves, foreign exchange rates, prepayment rates, volatility measurements and correlation of certain of these inputs. See the “Level 3 Asset and Liability Valuation Processes – Internal Model Valuations” section in this Note for additional discussion of our processes when using internal models to record fair value of derivatives, which includes those classified as Level 2 or Level 3 within the fair value hierarchy. We incorporate certain adjustments in determining the fair value of our derivatives, including credit valuation adjustments (CVA) to reflect counterparty credit risk related to derivative assets, debit valuation adjustments (DVA) to reflect Wells Fargo’s own credit risk related to derivative liabilities, and funding valuation adjustments (FVA) to reflect the funding cost of uncollateralized or partially collateralized derivative assets and liabilities. CVA, which considers the effects of enforceable master netting agreements and collateral arrangements, reflects market-based views of the credit quality of each counterparty. We estimate CVA based on observed credits spreads in the credit default swap market and indices indicative of the credit quality of the counterparties to our derivatives. EQUITY SECURITIES. Marketable equity securities and certain nonmarketable equity securities that we have elected to account for at fair value are recorded at fair value on a recurring basis. Our remaining nonmarketable equity securities are accounted for using the equity method, cost method or measurement alternative and can be subject to nonrecurring fair value adjustments to record impairment. Additionally, the carrying value of equity securities accounted for under the measurement alternative is also remeasured to fair value upon the occurrence of orderly observable transactions of the same or similar securities of the same issuer. We use quoted prices to determine the fair value of marketable equity securities, as the securities are publicly traded. Quoted prices are typically not available for nonmarketable equity securities. We therefore use other methods, generally market comparable pricing techniques, to determine fair value for such securities. We use all available information in making this determination, which includes observable transaction prices for the same or similar security, prices from third-party pricing services, broker quotes, trading multiples of comparable public companies, and discounted cash flow models. Where appropriate, we make adjustments to observed market data to reflect the comparative differences between the market data and the attributes of our equity security, such as differences with public companies and other investment-specific considerations like liquidity, marketability or differences in terms of the instruments. OTHER ASSETS. Other assets are generally recorded at amortized cost, with the exception of market risk benefit assets which are recorded at fair value on a recurring basis and valued at the contract level using a discounted cash flow model. For the remaining other assets recorded at amortized cost, we also record nonrecurring fair value adjustments to reflect impairment or the impact of certain lease modifications. Other assets subject to nonrecurring fair value measurements include operating lease ROU assets, foreclosed assets and physical commodities inventory, and venture capital and private equity investments in consolidated portfolio companies. For these assets, fair value is generally based upon independent market prices or appraised values less costs to sell, or the use of a discounted cash flow model. Liabilities SHORT-SALE AND OTHER LIABILITIES. Short-sale trading liabilities in our trading business are recorded at fair value on a recurring basis and are measured using quoted prices in active markets, where available. When quoted prices for the same instruments are not available or markets are not active, fair values are estimated using recent trades of similar securities. Other liabilities include market risk benefit liabilities, which are recorded at fair value on a recurring basis and valued at the contract level using a discounted cash flow model. INTEREST-BEARING DEPOSITS AND LONG-TERM DEBT. Although interest-bearing deposits and long-term debt are generally recorded at amortized cost, we have elected the fair value option for certain structured debt liabilities issued by our trading business. Fair values for these instruments are estimated using a discounted cash flow model that includes both the embedded derivative and debt portions of the instruments. The discount rate used in these discounted cash flow models also incorporates the impact of our credit spread, which is generally based on observable spreads in the secondary bond market. Level 3 Asset and Liability Valuation Processes We generally determine fair value of our Level 3 assets and liabilities by using internal models and, to a lesser extent, prices obtained from vendors. Our valuation processes vary depending on which approach is utilized. INTERNAL MODEL VALUATIONS. Certain Level 3 fair value estimates are based on internal models, such as discounted cash flow or market comparable pricing techniques. Some of the inputs used in these valuations are unobservable. Unobservable inputs are generally derived from or can be correlated to historic performance of similar portfolios or previous market trades in similar instruments where particular unobservable inputs may be implied. We attempt to correlate each unobservable input to historical experience and other third-party data where available. Internal models are subject to review prescribed within our model risk management policies and procedures, which include model validation. Model validation helps ensure our models are appropriate for their intended use and appropriate controls exist to help mitigate risk of invalid valuations. Model validation assesses the adequacy and appropriateness of our models, including reviewing its key components, such as inputs, processing components, logic or theory, output results and supporting model documentation. Validation also includes ensuring significant unobservable model inputs are appropriate given observable market transactions or other market data within the same or similar asset classes. We also have ongoing monitoring procedures in place for our Level 3 assets and liabilities that use internal valuation models. These procedures, which are designed to provide reasonable assurance that models continue to perform as expected, include: • ongoing analysis and benchmarking to market transactions and other independent market data (including pricing vendors, if available); • back-testing of modeled fair values to actual realized transactions; and • review of modeled valuation results against expectations, including review of significant or unusual fluctuations in value. We update model inputs and methodologies periodically to reflect these monitoring procedures. Additionally, existing models are subject to periodic reviews and we perform full model revalidations as necessary. Internal valuation models are subject to ongoing review by the appropriate principal line of business or enterprise function and monitoring oversight by Independent Risk Management. Independent Risk Management, through its Model Risk function, provides independent oversight of model risk management, and its responsibilities include governance, validation, periodic review, and monitoring of model risk across the Company and providing periodic reports to management and the Board’s Risk Committee. VENDOR-DEVELOPED VALUATIONS. We routinely obtain pricing from third-party vendors to value our assets or liabilities. In certain limited circumstances, this includes assets and liabilities that we classify as Level 3. We have processes in place to approve and periodically review third-party vendors to assess whether information obtained and valuation techniques used are appropriate. This review may consist of, among other things, obtaining and evaluating control reports issued and pricing methodology materials distributed. We monitor and review vendor prices on an ongoing basis to evaluate whether the fair values are reasonable and in line with market experience in similar asset classes. While the inputs used to determine fair value are not provided by the pricing vendors, and therefore unavailable for our review, we perform one or more of the following procedures to validate the pricing information and determine appropriate classification within the fair value hierarchy: • comparison to other pricing vendors (if available); • variance analysis of prices; • corroboration of pricing by reference to other independent market data, such as market transactions and relevant benchmark indices; • review of pricing by Company personnel familiar with market liquidity and other market-related conditions; and • investigation of prices on a specific instrument-by-instrument basis. Assets and Liabilities Recorded at Fair Value on a Recurring Basis Table 15.1 presents the balances of assets and liabilities recorded at fair value on a recurring basis. Table 15.1: Fair Value on a Recurring Basis December 31, 2024 December 31, 2023 (in millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Trading debt securities: Securities of U.S. Treasury and federal agencies $ 38,320 3,829 — 42,149 32,178 3,027 — 35,205 Collateralized loan obligations — 847 80 927 — 762 64 826 Corporate debt securities — 17,341 45 17,386 — 12,859 82 12,941 Federal agency mortgage-backed securities — 52,908 — 52,908 — 42,944 — 42,944 Non-agency mortgage-backed securities — 1,702 1 1,703 — 1,477 10 1,487 Other debt securities — 6,132 — 6,132 — 3,898 1 3,899 Total trading debt securities 38,320 82,759 126 121,205 32,178 64,967 157 97,302 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies 23,285 — — 23,285 45,467 — — 45,467 Securities of U.S. states and political subdivisions — 12,018 17 12,035 — 20,009 57 20,066 Federal agency mortgage-backed securities — 123,029 — 123,029 — 59,578 — 59,578 Non-agency mortgage-backed securities — 1,804 2 1,806 — 2,748 1 2,749 Collateralized loan obligations — 2,202 — 2,202 — 1,533 — 1,533 Other debt securities — 424 197 621 — 892 163 1,055 Total available-for-sale debt securities 23,285 139,477 216 162,978 45,467 84,760 221 130,448 Loans held for sale — 4,533 180 4,713 — 2,444 448 2,892 Mortgage servicing rights (residential) — — 6,844 6,844 — — 7,468 7,468 Derivative assets (gross): Interest rate contracts 178 28,070 567 28,815 195 31,434 816 32,445 Commodity contracts — 2,602 39 2,641 — 2,723 18 2,741 Equity contracts 19 15,074 108 15,201 71 13,041 193 13,305 Foreign exchange contracts — 51,913 43 51,956 — 24,730 37 24,767 Credit contracts — 90 6 96 — 74 39 113 Total derivative assets (gross) 197 97,749 763 98,709 266 72,002 1,103 73,371 Equity securities 16,931 5,344 47 22,322 10,849 8,949 43 19,841 Other assets — — 168 168 — — 49 49 Total assets prior to derivative netting $ 78,733 329,862 8,344 416,939 88,760 233,122 9,489 331,371 Derivative netting (1) (78,697) (55,148) Total assets after derivative netting $ 338,242 276,223 Derivative liabilities (gross): Interest rate contracts $ (121) (26,844) (4,170) (31,135) (201) (32,298) (4,383) (36,882) Commodity contracts — (1,558) (75) (1,633) — (2,719) (27) (2,746) Equity contracts (4) (14,327) (1,275) (15,606) (35) (12,108) (1,667) (13,810) Foreign exchange contracts — (50,886) (39) (50,925) — (27,138) (19) (27,157) Credit contracts — (43) (7) (50) — (39) (5) (44) Total derivative liabilities (gross) (125) (93,658) (5,566) (99,349) (236) (74,302) (6,101) (80,639) Short-sale and other liabilities (21,835) (6,909) (52) (28,796) (19,695) (5,776) (83) (25,554) Interest-bearing deposits — (318) — (318) — (1,297) — (1,297) Long-term debt — (3,495) — (3,495) — (2,308) — (2,308) Total liabilities prior to derivative netting $ (21,960) $ (104,380) (5,618) (131,958) (19,931) (83,683) (6,184) (109,798) Derivative netting (1) 83,014 62,144 Total liabilities after derivative netting $ (48,944) (47,654) (1) Represents balance sheet netting of derivative asset and liability balances, related cash collateral, and portfolio level valuation adjustments. See Note 14 (Derivatives) for additional information. Level 3 Assets and Liabilities Recorded at Fair Value on a Recurring Basis Table 15.2 presents the changes in Level 3 assets and liabilities measured at fair value on a recurring basis. Table 15.2: Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis Net unrealized gains (losses) (in millions) Balance, Net gains/(losses) (1) Purchases (2) Sales Settlements Transfers Transfers Balance, end of period (5) Year ended December 31, 2024 Trading debt securities $ 157 (7) 164 (200) (18) 66 (36) 126 (12) (6) Available-for-sale debt securities 221 18 24 — (18) 1 (30) 216 20 (6) Loans held for sale 448 (4) 119 (120) (91) 111 (283) 180 (5) (7) Mortgage servicing rights (residential) (8) 7,468 (406) 94 (312) — — — 6,844 492 (7) Net derivative assets and liabilities: Interest rate contracts (3,567) (2,820) — — 2,802 (9) (9) (3,603) (563) Equity contracts (1,474) (578) — — 857 (204) 232 (1,167) 90 Other derivative contracts 43 263 11 (4) (302) (47) 3 (33) (34) Total derivative contracts (4,998) (3,135) 11 (4) 3,357 (260) 226 (4,803) (507) (9) Equity securities 43 9 22 (27) — — — 47 4 (6) Other assets and liabilities (34) 150 — — — — — 116 150 (10) Year ended December 31, 2023 Trading debt securities $ 185 (14) 141 (167) (11) 104 (81) 157 (12) (6) Available-for-sale debt securities 276 (8) 113 (31) (19) 304 (414) 221 (32) (6) Loans held for sale 793 1 298 (373) (120) 126 (277) 448 (17) (7) Mortgage servicing rights (residential) (8) 9,310 (1,101) 161 (902) — — — 7,468 86 (7) Net derivative assets and liabilities: Interest rate contracts (2,582) (2,062) 3 (3) 2,548 (1,493) 22 (3,567) 93 Equity contracts (1,224) (801) — — 521 (108) 138 (1,474) (314) Other derivative contracts 9 (52) 14 (4) 81 (3) (2) 43 42 Total derivative contracts (3,797) (2,915) 17 (7) 3,150 (1,604) 158 (4,998) (179) (9) Equity securities 20 (2) 10 (8) — 23 — 43 (1) (6) Other assets and liabilities (167) 133 — — — — — (34) 133 (10) Year ended December 31, 2022 Trading debt securities $ 241 (72) 218 (186) (6) 22 (32) 185 (73) (6) Available-for-sale debt securities 186 (36) 327 (26) (25) 460 (610) 276 (10) (6) Loans held for sale 1,033 (252) 389 (391) (207) 237 (16) 793 (170) (7) Mortgage servicing rights (residential) (8) 6,920 2,001 1,003 (614) — — — 9,310 3,254 (7) Net derivative assets and liabilities: Interest rate contracts 127 (3,280) — — 994 (435) 12 (2,582) (2,073) Equity contracts (417) 35 — (9) 718 (584) (967) (1,224) 276 Other derivative contracts 5 (68) 19 (9) 118 (16) (40) 9 (16) Total derivative contracts (285) (3,313) 19 (18) 1,830 (1,035) (995) (3,797) (1,813) (9) Equity securities 8,910 4 1 (2) — 3 (8,896) 20 (2) (6) Other assets and liabilities (791) 624 — — — — — (167) 624 (10) (1) All amounts represent net gains (losses) included in net income except for AFS debt securities and other assets and liabilities which also included net gains (losses) in other comprehensive income. Net gains (losses) included in other comprehensive income for AFS debt securities were $21 million, $(27) million and $(37) million for the years ended December 31, 2024, 2023 and 2022, respectively. Net gains (losses) included in other comprehensive income for other assets and liabilities were $(14) million, $(12) million and $71 million for the years ended December 31, 2024, 2023 and 2022, respectively. (2) Includes originations of mortgage servicing rights and loans held for sale. (3) All assets and liabilities transferred into Level 3 were previously classified within Level 2. (4) All assets and liabilities transferred out of Level 3 are classified as Level 2. During first quarter 2022, we transferred $8.9 billion of equity securities and $1.4 billion of related economic hedging derivative assets (equity contracts) out of Level 3 due to our election to measure fair value of these instruments as a portfolio. Under this election, the unit of valuation is the portfolio-level, rather than each individual instrument. The unobservable inputs previously significant to the valuation of the instruments individually are no longer significant, as those unobservable inputs offset under the portfolio election. (5) All amounts represent net unrealized gains (losses) related to assets and liabilities held at period end included in net income except for AFS debt securities and other assets and liabilities which also included net unrealized gains (losses) related to assets and liabilities held at period end in other comprehensive income. Net unrealized gains (losses) included in other comprehensive income for AFS debt securities were $22 million, $(28) million and $(9) million for the years ended December 31, 2024, 2023 and 2022, respectively. Net unrealized gains (losses) included in other comprehensive income for other assets and liabilities were $(14) million, $(12) million and $71 million for the years ended December 31, 2024, 2023 and 2022, respectively. (6) Included in net gains from trading and securities on our consolidated statement of income. (7) Included in mortgage banking income on our consolidated statement of income. (8) For additional information on the changes in mortgage servicing rights, see Note 6 (Mortgage Banking Activities). (9) Included in mortgage banking income, net gains from trading and securities, and other noninterest income on our consolidated statement of income. (10) Included in other noninterest income on our consolidated statement of income. Table 15.3 provides quantitative information about the valuation techniques and significant unobservable inputs used in the valuation of our Level 3 assets and liabilities measured at fair value on a recurring basis. Weighted averages of inputs are calculated using outstanding unpaid principal balances of loans serviced for residential MSRs and notional amounts for derivative instruments. Table 15.3: Valuation Techniques – Recurring Basis ($ in millions, except cost to service amounts) Fair Value Level 3 Valuation Technique Significant Range of Inputs Weighted December 31, 2024 Mortgage servicing rights (residential) $ 6,844 Discounted cash flow Cost to service per loan (1) $ 60 - 451 103 Discount rate 9.2 - 15.5 % 10.1 Prepayment rate (2) 6.8 - 19.4 8.1 Net derivative assets and (liabilities): Interest rate contracts (3,588) Discounted cash flow Discount rate 4.1 - 4.2 4.1 (15) Discounted cash flow Default rate 0.4 - 1.1 0.5 Loss severity 50.0 - 50.0 50.0 Equity contracts (758) Discounted cash flow Conversion factor (1.4) - 0.0 % (0.7) Weighted average life 1.0 - 4.0 yrs 2.0 (409) Option model Correlation factor (70.0) - 98.9 % 65.3 Volatility factor 6.5 - 138.0 41.1 December 31, 2023 Mortgage servicing rights (residential) $ 7,468 Discounted cash flow Cost to service per loan (1) $ 52 - 527 105 Discount rate 8.9 - 13.9 % 9.4 Prepayment rate (2) 7.3 - 24.3 8.9 Net derivative assets and (liabilities): Interest rate contracts (3,501) Discounted cash flow Discount rate 3.6 - 5.4 4.2 (36) Discounted cash flow Default rate 0.4 - 5.0 1.2 Loss severity 50.0 - 50.0 50.0 Prepayment rate 22.0 - 22.0 22.0 Interest rate contracts: derivative loan commitments (30) Discounted cash flow Fall-out factor 1.0 - 99.0 30.2 Initial-value servicing (5.5) - 141.0 bps 10.0 Equity contracts (1,020) Discounted cash flow Conversion factor (6.9) - 0.0 % (6.4) Weighted average life 0.5 - 2.0 yrs 1.1 (454) Option model Correlation factor (67.0) - 99.0 % 73.8 Volatility factor 6.5 - 147.0 38.6 (1) The high end of the range of inputs is for servicing modified loans. For non-modified loans, the range is $60 - $162 at December 31, 2024, and $52 - $167 at December 31, 2023. (2) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior. The internal valuation techniques used for our Level 3 assets and liabilities, as presented in Table 15.3 and Table 15.6, are described as follows: • Discounted cash flow – Discounted cash flow valuation techniques generally consist of developing an estimate of future cash flows that are expected to occur over the life of an instrument and then discounting those cash flows at a rate of return that results in the fair value amount. • Market comparable pricing – Market comparable pricing valuation techniques are used to determine the fair value of certain instruments by incorporating known inputs, such as recent transaction prices, pending transactions, financial metrics of comparable companies, or prices of other similar investments that require significant adjustment to reflect differences in instrument characteristics. • Option model – Option model valuation techniques are generally used for instruments in which the holder has a contingent right or obligation based on the occurrence of a future event, such as the price of a referenced asset going above or below a predetermined strike price. Option models estimate the likelihood of the specified event occurring by incorporating assumptions such as volatility estimates, price of the underlying instrument and expected rate of return. The unobservable inputs presented in Table 15.3 and Table 15.6 are those we consider significant to the fair value of the Level 3 asset or liability. We consider unobservable inputs to be significant based on their quantitative impact to the fair value of the Level 3 asset or liability as well as qualitative factors, such as nature of the instrument, type of valuation technique used, and the significance of the unobservable inputs relative to other inputs used within the valuation. Following is a description of the significant unobservable inputs provided in these tables. • Comparability adjustment – is an adjustment made to observed market data, such as a transaction price to reflect dissimilarities in underlying collateral, issuer, rating, or other factors used within a market valuation approach, expressed as a percentage of an observed price. • Conversion factor – is the risk-adjusted rate in which a particular instrument may be exchanged for another instrument upon settlement, expressed as a percentage change from a specified rate. • Correlation factor – is the likelihood of one instrument changing in price relative to another based on an established relationship expressed as a percentage of relative change in price over a period over time. • Cost to service – is the expected cost per loan of servicing a portfolio of loans, which includes estimates for unreimbursed expenses (including delinquency and foreclosure costs) that may occur as a result of servicing such loan portfolios. • Default rate – is an estimate of the likelihood of not collecting contractual amounts owed expressed as a constant default rate (CDR). • Discount rate – is a rate of return used to calculate the present value of the future expected cash flow to arrive at the fair value of an instrument. The discount rate consists of a benchmark rate component and a risk premium component. The benchmark rate component, for example, Secured Overnight Financing Rate (SOFR) or U.S. Treasury rates, is generally observable within the market and is necessary to appropriately reflect the time value of money. The risk premium component reflects the amount of compensation market participants require due to the uncertainty inherent in the instruments’ cash flows resulting from risks such as credit and liquidity. • Fall-out factor – is the expected percentage of loans associated with our interest rate lock commitment portfolio that are likely of not funding. • Initial-value servicing – is the estimated value of the underlying loan, including the value attributable to the embedded servicing right, expressed in basis points of outstanding unpaid principal balance. • Loss severity – is the estimated percentage of contractual cash flows lost in the event of a default. • Multiples – are financial ratios of comparable public companies, such as ratios of enterprise value or market value of equity to earnings before interest, depreciation, and amortization (EBITDA), revenue, net income or book value, adjusted to reflect dissimilarities in operational, financial, or marketability to the comparable public company used in a market valuation approach. • Prepayment rate – is the estimated rate at which forecasted prepayments of principal of the related loan or debt instrument are expected to occur, expres

Securitizations and Variable In

Securitizations and Variable Interest Entities	12 Months Ended
	Dec. 31, 2024
Securitizations and Variable Interest Entities [Abstract]
Securitizations and Variable Interest Entities	Note 16: Securitizations and Variable Interest Entities Involvement with Variable Interest Entities (VIEs) In the normal course of business, we enter into various types of on- and off-balance sheet transactions with special purpose entities (SPEs), which are corporations, trusts, limited liability companies or partnerships that are established for a limited purpose. SPEs are often formed in connection with securitization transactions whereby financial assets are transferred to an SPE. SPEs formed in connection with securitization transactions are generally considered variable interest entities (VIEs). The VIE may alter the risk profile of the asset by entering into derivative transactions or obtaining credit support, and issues various forms of interests in those assets to investors. When we transfer financial assets from our consolidated balance sheet to a VIE in connection with a securitization, we typically receive cash and sometimes other interests in the VIE as proceeds for the assets we transfer. In certain transactions with VIEs, we may retain the right to service the transferred assets and repurchase the transferred assets if the outstanding balance of the assets falls below the level at which the cost to service the assets exceed the benefits. In addition, we may purchase the right to service loans transferred to a VIE by a third party. In connection with our securitization or other VIE activities, we have various forms of ongoing involvement with VIEs, which may include: • underwriting securities issued by VIEs and subsequently making markets in those securities; • providing credit enhancement on securities issued by VIEs through the use of letters of credit or financial guarantees; • entering into other derivative contracts with VIEs; • holding senior or subordinated interests in VIEs; • acting as servicer or investment manager for VIEs; • providing administrative or trustee services to VIEs; and • providing seller financing to VIEs. Loan Sales and Securitization Activity We periodically transfer consumer and commercial loans and other types of financial assets in securitization and whole loan sale transactions. MORTGAGE LOANS SOLD TO GOVERNMENT SPONSORED ENTERPRISES AND TRANSACTIONS WITH GINNIE MAE. In the normal course of business we sell residential and commercial mortgage loans to GSEs. These loans are generally transferred into securitizations sponsored by the GSEs, which provide certain credit guarantees to investors and servicers. We also transfer mortgage loans into securitization pools pursuant to Government National Mortgage Association (GNMA) guidelines which are insured by the FHA or guaranteed by the VA. Mortgage loans eligible for securitization with the GSEs or GNMA are considered conforming loans. The GSEs or GNMA design the structure of these securitizations, sponsor the involved VIEs, and have power over the activities most significant to the VIE. We account for loans transferred in conforming mortgage loan securitization transactions as sales and do not consolidate the VIEs as we are not the primary beneficiary. In exchange for the transfer of loans, we typically receive securities issued by the VIEs which we sell to third parties for cash or hold for investment purposes as HTM or AFS securities. We also retain servicing rights on the transferred loans. As a servicer, we retain the option to repurchase loans from certain loan securitizations, which becomes exercisable based on delinquency status such as when three scheduled loan payments are past due. When we have the unilateral option to repurchase a loan, we recognize the loan and a corresponding liability on our balance sheet regardless of our intent to repurchase the loan, and the loans remain pledged to the securitization. At December 31, 2024 and 2023, we recorded assets and related liabilities of $1.5 billion and $1.0 billion, respectively, where we did not exercise our option to repurchase eligible loans. During the years ended December 31, 2024, 2023 and 2022, we repurchased loans of $138 million, $293 million, and $2.2 billion, respectively. Upon transfers of loans, we also provide indemnification for losses incurred due to material breaches of contractual representations and warranties as well as other recourse arrangements. At December 31, 2024 and 2023, our liability for these repurchase and recourse arrangements was $188 million and $229 million, respectively, and the maximum exposure to loss was $13.7 billion and $13.6 billion at December 31, 2024 and 2023, respectively. Substantially all residential servicing activity is related to assets transferred to GSE and GNMA securitizations. See Note 6 (Mortgage Banking Activities) for additional information about residential and commercial servicing rights, advances and servicing fees. NONCONFORMING MORTGAGE LOAN SECURITIZATIONS. In the normal course of business, we sell nonconforming mortgage loans in securitization transactions that we design and sponsor. Nonconforming mortgage loan securitizations do not involve a government credit guarantee, and accordingly, beneficial interest holders are subject to credit risk of the underlying assets held by the securitization VIE. We typically originate the transferred loans and account for the transfers as sales. We also typically retain the right to service the loans and may hold other beneficial interests issued by the VIE, such as debt securities held for investment purposes. Our servicing role related to nonconforming commercial mortgage loan securitizations is limited to primary or master servicer. We do not consolidate the VIE because the most significant decisions impacting the performance of the VIE are generally made by the special servicer or the controlling class security holder. For our residential nonconforming mortgage loan securitizations accounted for as sales, we either do not hold variable interests that we consider potentially significant or are not the primary servicer for a majority of the VIE assets. WHOLE LOAN SALE TRANSACTIONS. We may also sell whole loans to VIEs where we have continuing involvement in the form of financing. We account for these transfers as sales, and do not consolidate the VIEs as we do not have the power to direct the most significant activities of the VIEs. Table 16.1 presents information about transfers of assets during the periods presented for which we recorded the transfers as sales and have continuing involvement with the transferred assets. In connection with these transfers, we received proceeds and recorded servicing assets and securities. Each of these interests are initially measured at fair value. Servicing rights are classified as Level 3 measurements, and generally securities are classified as Level 2. Transfers of residential mortgage loans are transactions with the GSEs or GNMA and generally result in no gain or loss because the loans are typically measured at fair value on a recurring basis. Transfers of commercial mortgage loans include both transactions with the GSEs or GNMA and nonconforming transactions. These commercial mortgage loans are carried at the lower of cost or market, and we recognize gains on such transfers when the market value is greater than the carrying value of the loan when it is sold. Table 16.1: Transfers with Continuing Involvement Year ended December 31, 2024 2023 2022 (in millions) Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Assets sold $ 8,303 18,132 13,823 8,872 75,582 13,735 Proceeds from transfer (1) 8,303 18,321 13,823 9,017 75,634 13,963 Net gains (losses) on sale — 189 — 145 52 228 Continuing involvement (2): Servicing rights recognized $ 87 81 157 73 966 128 Securities recognized (3) — 167 — 94 2,062 189 (1) Represents cash proceeds and the fair value of non-cash beneficial interests recognized at securitization settlement. (2) Represents assets or liabilities recognized at securitization settlement date related to our continuing involvement in the transferred assets. (3) Represents debt securities obtained at securitization settlement held for investment purposes that are classified as available-for-sale or held-to-maturity. Excludes trading debt securities held temporarily for market-marking purposes, which are sold to third parties at or shortly after securitization settlement, of $4.2 billion, $6.0 billion, and $19.0 billion, during the years ended December 31, 2024, 2023 and 2022, respectively. In the normal course of business, we purchase certain non-agency securities at initial securitization or subsequently in the secondary market, which we hold for investment. We also provide seller financing in the form of loans. During the years ended December 31, 2024, 2023 and 2022, we received cash flows of $311 million, $263 million, and $456 million, respectively, related to principal and interest payments on these securities and loans, which exclude cash flows related to trading activities. Table 16.2 presents the key weighted-average assumptions we used to initially measure residential MSRs recognized during the periods presented. Table 16.2: Residential MSRs – Assumptions at Securitization Date Year ended December 31, 2024 2023 2022 Prepayment rate (1) 16.5 % 16.8 12.4 Discount rate 10.0 9.7 8.0 Cost to service ($ per loan) $ 148 178 110 (1) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior. See Note 15 (Fair Value Measurements) and Note 6 (Mortgage Banking Activities) for additional information on key assumptions for residential MSRs. RESECURITIZATION ACTIVITIES. We enter into resecuritization transactions as part of our trading activities to accommodate the investment and risk management activities of our customers. In resecuritization transactions, we transfer trading debt securities to VIEs in exchange for new beneficial interests that are sold to third parties at or shortly after securitization settlement. This activity is performed for customers seeking a specific return or risk profile. Substantially all of our transactions involve the resecuritization of conforming mortgage-backed securities issued by the GSEs or guaranteed by GNMA. We do not consolidate the resecuritization VIEs as we share in the decision-making power with third parties and do not hold significant economic interests in the VIEs other than for market-making activities. During the years ended December 31, 2024, 2023 and 2022, we transferred trading debt securities of $9.7 billion, $12.7 billion, and $17.0 billion, respectively, to resecuritization VIEs, and retained trading debt securities of $544 million, $239 million, and $428 million, respectively. These amounts are not included in Table 16.1. As of December 31, 2024 and 2023, we held $819 million and $984 million of trading debt securities, respectively. Total resecuritization VIE assets, to which we sold assets and hold an interest, were $44.1 billion and $52.0 billion at December 31, 2024 and 2023, respectively. Sold or Securitized Loans Serviced for Others Table 16.3 presents information about loans that we have originated and sold or securitized in which we have ongoing involvement as servicer. For loans sold or securitized where servicing is our only form of continuing involvement, we generally experience a loss only if we were required to repurchase a delinquent loan or foreclosed asset due to a breach in representations and warranties associated with our loan sale or servicing contracts. Table 16.3 excludes mortgage loans sold to and held or securitized by GSEs or GNMA of $528.1 billion and $592.5 billion at December 31, 2024 and 2023, respectively. Delinquent loans include loans 90 days or more past due and loans in bankruptcy, regardless of delinquency status. Delinquent loans and foreclosed assets related to loans sold to and held or securitized by GSEs and GNMA were $2.4 billion and $3.4 billion at December 31, 2024 and 2023, respectively. Table 16.3: Sold or Securitized Loans Serviced for Others Net charge-offs Total loans Delinquent loans Year ended December 31, (in millions) Dec 31, 2024 Dec 31, 2023 Dec 31, 2024 Dec 31, 2023 2024 2023 Commercial (2) $ 72,468 67,232 1,467 1,000 54 114 Residential 7,362 8,311 340 393 10 19 Total off-balance sheet sold or securitized loans $ 79,830 75,543 1,807 1,393 64 133 (1) Includes $258 million and $163 million of commercial foreclosed assets and $18 million and $22 million of residential foreclosed assets at December 31, 2024 and 2023, respectively. (2) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial loans serviced for others to be reduced. Transactions with Unconsolidated VIEs MORTGAGE LOAN SECURITIZATIONS. Table 16.4 includes nonconforming mortgage loan securitizations where we originate and transfer the loans to the unconsolidated securitization VIEs that we sponsor. For additional information about these VIEs, see the “Loan Sales and Securitization Activity” section within this Note. Nonconforming mortgage loan securitizations also include commercial mortgage loan securitizations sponsored by third parties where we did not originate or transfer the loans but serve as master servicer and invest in securities that could be potentially significant to the VIE. Conforming loan securitization and resecuritization transactions involving the GSEs and GNMA are excluded from Table 16.4 because we are not the sponsor or we do not have power over the activities most significant to the VIEs. Additionally, due to the nature of the guarantees provided by the GSEs and the FHA and VA, our credit risk associated with these VIEs is limited. For additional information about conforming mortgage loan securitizations and resecuritizations, see the “Loan Sales and Securitization Activity” and “Resecuritization Activities” sections within this Note. COMMERCIAL REAL ESTATE LOANS. We may transfer purchased industrial development bonds and GSE credit enhancements to VIEs in exchange for beneficial interests. We may also acquire such beneficial interests in transactions where we do not act as a transferor. We own all of the beneficial interests and may also service the underlying mortgages that serve as collateral to the bonds. The GSEs have the power to direct the servicing and workout activities of the VIE in the event of a default, therefore we do not have control over the key decisions of the VIEs. OTHER VIE STRUCTURES. We engage in various forms of structured finance arrangements with other VIEs, including asset-backed finance structures. Collateral may include rental properties and mortgage loans. We may participate in structuring or marketing the arrangements as well as provide financing, service one or more of the underlying assets, or enter into derivatives with the VIEs. We may also receive fees for those services. We are not the primary beneficiary of these structures because we do not have power to direct the most significant activities of the VIEs. Table 16.4 provides a summary of our exposure to the unconsolidated VIEs described above, which includes investments in securities, loans, guarantees, liquidity agreements, commitments and certain derivatives. We exclude certain transactions with unconsolidated VIEs when our continuing involvement is temporary or administrative in nature or insignificant in size. In Table 16.4, “Total VIE assets” represents the remaining principal balance of assets held by unconsolidated VIEs using the most current information available. “Carrying value” is the amount in our consolidated balance sheet related to our involvement with the unconsolidated VIEs. “Maximum exposure to loss” is determined as the carrying value of our investment in the VIEs excluding the unconditional repurchase options that have not been exercised, plus the remaining undrawn liquidity and lending commitments, the notional amount of net written derivative contracts, and generally the notional amount of, or stressed loss estimate for, other commitments and guarantees. Debt, guarantees and other commitments include amounts related to lending arrangements, liquidity agreements, and certain loss sharing obligations associated with loans originated, sold, and serviced under certain GSE programs. “Maximum exposure to loss” represents estimated loss that would be incurred under severe, hypothetical circumstances, for which we believe the possibility is extremely remote, such as where the value of our interests and any associated collateral declines to zero, without any consideration of recovery or offset from any economic hedges. Accordingly, this disclosure is not an indication of expected loss. Table 16.4: Unconsolidated VIEs Carrying value – asset (liability) (in millions) Total Loans Debt Equity securities All other Debt and other liabilities Net assets December 31, 2024 Nonconforming mortgage loan securitizations (3) $ 165,218 — 2,203 — 512 (4) 2,711 Commercial real estate loans 5,289 5,275 — — 14 — 5,289 Other 1,186 67 — — 10 — 77 Total $ 171,693 5,342 2,203 — 536 (4) 8,077 Maximum exposure to loss Loans Debt Equity securities All other Debt, guarantees, Total exposure Nonconforming mortgage loan securitizations (3) $ — 2,203 — 512 4 2,719 Commercial real estate loans 5,275 — — 14 695 5,984 Other 67 — — 10 157 234 Total $ 5,342 2,203 — 536 856 8,937 Carrying value – asset (liability) (in millions) Total Loans Debt Equity All other Debt and other liabilities Net assets December 31, 2023 Nonconforming mortgage loan securitizations (3) $ 154,730 — 2,471 — 591 (8) 3,054 Commercial real estate loans 5,588 5,571 — — 17 — 5,588 Other 1,898 213 — 47 17 — 277 Total $ 162,216 5,784 2,471 47 625 (8) 8,919 Maximum exposure to loss Loans Debt Equity All other Debt, Total exposure Nonconforming mortgage loan securitizations (3) $ — 2,471 — 591 8 3,070 Commercial real estate loans 5,571 — — 17 700 6,288 Other 213 — 47 17 158 435 Total $ 5,784 2,471 47 625 866 9,793 (1) Includes $298 million and $301 million of securities classified as trading at December 31, 2024 and 2023, respectively. (2) All other assets includes mortgage servicing rights, derivative assets, and other assets (predominantly servicing advances). (3) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect nonconforming mortgage loan securitizations to be reduced as we will no longer have continuing involvement in the form of servicing. INVOLVEMENT WITH TAX CREDIT VIES. In addition to the unconsolidated VIEs in Table 16.4, we may invest in or provide funding to affordable housing, renewable energy or similar projects that are designed to generate a return primarily through the realization of federal income tax credits and other income tax benefits. Our affordable housing investments generate low-income housing tax credits and our renewable energy investments generate either production tax credits, investment tax credits, or both. The projects are typically managed by third-party sponsors who have the power over the VIE’s assets; therefore, we do not consolidate the VIEs. The carrying value of our equity investments in tax credit VIEs was $21.7 billion and $19.7 billion at December 31, 2024 and 2023, respectively. Additionally, we had loans to tax credit VIEs with a carrying value of $1.9 billion and $2.1 billion at December 31, 2024 and 2023, respectively. Our maximum exposure to loss for tax credit VIEs at December 31, 2024 and 2023, was $29.1 billion and $30.6 billion, respectively. Our maximum exposure to loss included total unfunded equity and lending commitments of $5.5 billion and $8.7 billion at December 31, 2024 and 2023, respectively. Under these commitments, we are required to provide additional financial support during the investment period, at the discretion of project sponsors, or for certain renewable energy investments, on a contingent basis based on the amount of income tax credits earned. For equity investments accounted for using the proportional amortization method, a liability is recognized for unfunded commitments that are either legally binding or contingent but probable of funding. The liability recognized for these commitments at December 31, 2024 and 2023, was $6.4 billion and $4.9 billion, respectively. Substantially all of these commitments are expected to be funded within three years. See Note 1 (Summary of Significant Accounting Policies) for additional information on our adoption of ASU 2023-02 effective January 1, 2024, which impacted the accounting for our tax credit equity investments and related unfunded commitments. See also Note 17 (Guarantees and Other Commitments) for additional information about unrecognized commitments to purchase equity securities. Table 16.5 summarizes the impacts to our consolidated statement of income related to our affordable housing and renewable energy equity investments. Table 16.5: Income Statement Impacts for Affordable Housing and Renewable Energy Tax Credit Investments (1) Year ended December 31, (in millions) 2024 2023 2022 Income (loss) before income tax expense (2) (A) $ (66) (634) (473) Income tax expense (benefit): Proportional amortization of investments 2,971 1,650 1,549 Income tax credits and other income tax benefits (3,990) (3,176) (2,854) Net expense (benefit) recognized within income tax expense (B) (1,019) (1,526) (1,305) Net income related to affordable housing and renewable energy tax credit investments (A)-(B) $ 953 892 832 (1) Includes the impacts for affordable housing and renewable energy tax credit investments, which are accounted for using either the proportional amortization method or the equity method. Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02 , effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies). (2) The balance predominantly relates to equity method losses from renewable energy tax credit investments, which are recorded in other noninterest income on our consolidated statement of income. Consolidated VIEs We consolidate VIEs where we are the primary beneficiary. We are the primary beneficiary of the following structure types: COMMERCIAL AND INDUSTRIAL LOANS AND LEASES. We previously securitized dealer floor plan loans in a revolving master trust entity. As servicer and holder of all beneficial interests, we control the key decisions of the trust and consolidate the VIE. In first quarter 2024, we removed the loans held by the master trust entity by transferring them to another subsidiary of Wells Fargo, which had no impact on our consolidated balance sheet. In a separate transaction structure, we may provide the majority of debt and equity financing to an SPE that engages in lending and leasing to specific vendors and we service the underlying collateral. CREDIT CARD SECURITIZATIONS. Beginning in first quarter 2024, we securitized a portion of our credit card loans to provide a source of funding. Credit card securitizations involve the transfer of credit card loans to a master trust that issues debt securities to third party investors that are collateralized by the transferred credit card loans. The underlying securitized credit card loans and other assets in the master trust are available only for payment of the debt securities issued by the master trust; they are not available to pay our other obligations. In addition, the investors in the debt securities do not have recourse to the general credit of Wells Fargo. We consolidate the master trust because, as the servicer of the credit card loans, we have the power to direct the activities that most significantly impact the economic performance and hold variable interests potentially significant to the VIE. We hold a minimum of 5% seller’s interest in the transferred credit card loans and we retain subordinated securities issued by the master trust, which collectively could result in exposure to potentially significant losses or benefits from the master trust. As of December 31, 2024, we held seller’s interest of $6.5 billion in the transferred credit card loans and subordinated securities of $750 million (at par) issued by the master trust, which are both eliminated in our consolidated financial statements. The transferred credit card loans and debt securities issued to third parties are recognized on our consolidated balance sheet, and classified as loans and long-term debt, respectively. Table 16.6 presents a summary of financial assets and liabilities of our consolidated VIEs. The carrying value represents assets and liabilities recognized on our consolidated balance sheet. “Total VIE assets” includes affiliate balances that are eliminated upon consolidation, and therefore in some instances will differ from the carrying value of assets. On our consolidated balance sheet, we separately disclose (1) the consolidated assets of certain VIEs that can only be used to settle the liabilities of those VIEs, and (2) the consolidated liabilities of certain VIEs for which the VIE creditors do not have recourse to Wells Fargo. Table 16.6: Transactions with Consolidated VIEs Carrying value – asset (liability) (in millions) Total VIE assets Loans All other Long-term debt Accrued expenses and other liabilities December 31, 2024 Commercial and industrial loans and leases $ 1,737 1,570 167 — (118) Credit card securitizations 9,803 9,615 25 (2,240) (5) Other 479 — 479 — (1) Total consolidated VIEs $ 12,019 11,185 671 (2,240) (124) December 31, 2023 Commercial and industrial loans and leases $ 7,579 4,880 203 — (115) Credit card securitizations — — — — — Other 232 — 232 — — Total consolidated VIEs $ 7,811 4,880 435 — (115) (1) All other assets includes loans held for sale and other assets. Other Transactions In addition to the transactions included in the previous tables, we have used wholly-owned trust preferred security VIEs to issue debt securities or preferred equity exclusively to third-party investors. As the sole assets of the VIEs are receivables from us, we do not consolidate the VIEs even though we own all of the voting equity shares of the VIEs, have fully guaranteed the obligations of the VIEs, and may have the right to redeem the third-party securities under certain circumstances. On our consolidated balance sheet, we reported the debt securities issued to the VIEs as long-term junior subordinated debt. See Note 10 (Long-Term Debt) for additional information about the trust preferred securities.

Guarantees and Other Commitment

Guarantees and Other Commitments	12 Months Ended
	Dec. 31, 2024
Guarantees [Abstract]
Guarantees and Other Commitments	Note 17: Guarantees and Other Commitments Guarantees are contracts that contingently require us to make payments to a guaranteed party based on an event or a change in an underlying asset, liability, rate or index. Table 17.1 shows carrying value and maximum exposure to loss on our guarantees. Table 17.1: Guarantees – Carrying Value and Maximum Exposure to Loss Maximum exposure to loss (in millions) Carrying value of obligation Expires in one year or less Expires after one year through three years Expires after three years through five years Expires after five years Total Non-investment grade December 31, 2024 Standby letters of credit (1) $ 90 13,311 6,951 1,538 17 21,817 7,198 Direct pay letters of credit (1) 2 1,818 1,051 108 92 3,069 766 Loans and LHFS sold with recourse 82 593 3,089 3,969 6,223 13,874 10,660 Exchange and clearing house guarantees — 38,852 — — — 38,852 — Other guarantees and indemnifications 36 1,888 496 124 553 3,061 1,022 Total guarantees $ 210 56,462 11,587 5,739 6,885 80,673 19,646 December 31, 2023 Standby letters of credit (1) $ 90 14,211 5,209 2,931 105 22,456 7,711 Direct pay letters of credit (1) 8 1,446 2,268 247 5 3,966 957 Loans and LHFS sold with recourse 72 249 2,957 3,385 7,228 13,819 10,612 Exchange and clearing house guarantees — 13,550 — — — 13,550 — Other guarantees and indemnifications 22 687 854 116 463 2,120 634 Total guarantees $ 192 30,143 11,288 6,679 7,801 55,911 19,914 (1) Standby and direct pay letters of credit are reported net of syndications and participations. Maximum exposure to loss represents the estimated loss that would be incurred under an assumed hypothetical circumstance, despite what we believe is a remote possibility, where the value of our interests and any associated collateral declines to zero. Maximum exposure to loss estimates in Table 17.1 do not reflect economic hedges or collateral we could use to offset or recover losses we may incur under our guarantee agreements. Accordingly, these amounts are not an indication of expected loss. We believe the carrying value is more representative of our current exposure to loss than maximum exposure to loss. The carrying value represents the fair value of the guarantee, if any, and also includes an ACL for guarantees, if applicable. In determining the ACL for guarantees, we consider the credit risk of the related contingent obligation. For our guarantees in Table 17.1, non-investment grade represents those guarantees on which we have a higher risk of performance under the terms of the guarantee, which is determined based on an external rating or an internal credit grade that is below investment grade, if applicable. STANDBY LETTERS OF CREDIT. We issue standby letters of credit, which include performance and financial guarantees, for customers in connection with contracts between our customers and third parties. Standby letters of credit are conditional lending commitments where we are obligated to make payment to a third party on behalf of a customer if the customer fails to meet their contractual obligations. Total maximum exposure to loss includes the portion of multipurpose lending facilities for which we have issued standby letters of credit under the commitments. DIRECT PAY LETTERS OF CREDIT. We issue direct pay letters of credit to serve as credit enhancements for certain bond issuances. Beneficiaries (bond trustees) may draw upon these instruments to make scheduled principal and interest payments, redeem all outstanding bonds because a default event has occurred, or for other reasons as permitted by the agreement. LOANS AND LHFS SOLD WITH RECOURSE. For certain sales and securitizations of loans, predominantly to GSEs, we provide recourse to the buyer for certain losses. Certain arrangements require that we share in the credit risk of the loans, substantially all of which are commercial real estate mortgage loans, where we provide recourse up to 33.33% of actual losses incurred on a pro-rata basis in the event of borrower default. The maximum exposure to loss represents the outstanding principal balance of the loans sold or securitized that are subject to recourse provisions or the maximum losses per the contractual agreements. However, we believe the likelihood of loss of the entire balance due to these recourse agreements is remote, and amounts paid can be recovered in whole or in part from the sale of collateral. EXCHANGE AND CLEARING HOUSE GUARANTEES. We are members of several securities and derivatives exchanges and clearing houses, both in the U.S. and in countries outside the U.S., that we use to clear our trades and those of our customers, including customers for whom we act as sponsoring member. It is common that all members in these organizations are required to collectively guarantee the performance of other members of the organization. Our obligations under the guarantees are generally a pro-rata share based on either a fixed amount or a multiple of the guarantee fund we are required to maintain with these organizations. Some membership rules require members to assume a pro-rata share of losses resulting from another member’s default or from non-member default losses after applying the guarantee fund. We have not recorded a liability for these arrangements as of the dates presented in Table 17.1 because we believe the likelihood of loss is remote. As part of maintaining our memberships in certain clearing organizations, we are required to stand ready to provide liquidity to sustain market clearing activity in the event unforeseen events occur or are deemed likely to occur. Certain of these obligations are guarantees of other members’ performance and accordingly are included in Table 17.1 in Other guarantees and indemnifications. We may act as a sponsoring member under the Fixed Income Clearing Corporation’s (FICC) sponsored repo service, where we guarantee the performance of our clients’ obligations to the FICC. We minimize our liability under these guarantees by obtaining a secured interest in the collateral that our clients place with the FICC. OTHER GUARANTEES AND INDEMNIFICATIONS. We have contingent performance arrangements related to various customer relationships and lease transactions. We are required to pay the counterparties to these agreements if third parties default on certain obligations. Under certain factoring arrangements, we may be required to purchase trade receivables from third parties, if receivable debtors default on their payment obligations. We use certain third-party clearing agents to clear and settle transactions on behalf of some of our institutional brokerage customers. We indemnify the clearing agents against loss that could occur for non-performance by our customers on transactions that are not sufficiently collateralized. Transactions subject to the indemnifications may include customer obligations related to the settlement of margin accounts and short positions, such as written call options and securities borrowing transactions. We record a liability for mortgage loans that we expect to repurchase pursuant to various representations or warranties. See Note 16 (Securitizations and Variable Interest Entities) for further discussion and related amounts. Additionally, when we sell MSRs, we may provide indemnification for losses incurred due to material breaches of contractual representations or warranties as well as other recourse arrangements. When we sell renewable energy tax credits, we indemnify the buyers for potential future losses incurred due to the disallowance or recapture of the transferred tax credits or material breaches of representations and warranties. We also enter into other types of indemnification agreements in the ordinary course of business under which we agree to indemnify third parties against any damages, losses and expenses incurred in connection with legal and other proceedings arising from relationships or transactions with us. These relationships or transactions include those arising from service as a director or officer of the Company, underwriting agreements relating to our securities, acquisition agreements and various other business transactions or arrangements. Because the extent of our obligations under these agreements depends entirely upon the occurrence of future events, we are unable to determine our potential future liability under these agreements. WRITTEN OPTIONS. We enter into written foreign currency options and over-the-counter written equity put options that are derivative contracts that have the characteristics of a guarantee. Written put options give the counterparty the right to sell to us an underlying instrument held by the counterparty at a specified price by a specified date. While these derivative transactions expose us to risk if the option is exercised, we manage this risk by entering into offsetting trades or by taking short positions in the underlying instrument. We offset market risk related to options written to customers with cash securities or other offsetting derivative transactions. Additionally, for certain of these contracts, we require the counterparty to pledge the underlying instrument as collateral for the transaction. Our ultimate obligation under written options is based on future market conditions and is only quantifiable at settlement. The fair value of written options represents our view of the probability that we will be required to perform under the contract. The fair value of these written options was a liability of $88 million and an asset of $178 million at December 31, 2024 and 2023, respectively. The fair value may be an asset as a result of deferred premiums on certain option trades. The maximum exposure to loss represents the notional value of these derivative contracts. At December 31, 2024, the maximum exposure to loss was $34.3 billion, with $31.5 billion expiring in three years or less compared with $34.0 billion and $31.9 billion, respectively, at December 31, 2023. See Note 14 (Derivatives) for additional information regarding written derivative contracts. MERCHANT PROCESSING SERVICES. We provide debit and credit card transaction processing services through payment networks directly for merchants and as a sponsor for merchant processing servicers, including our joint venture with a third party that is accounted for as an equity method investment. In our role as the merchant acquiring bank, we have a potential obligation in connection with payment and delivery disputes between the merchant and the cardholder that are resolved in favor of the cardholder, referred to as a charge-back transaction. If we are unable to collect the amounts from the merchant, we incur a loss for the refund to the cardholder. We are secondarily obligated to make a refund for transactions involving sponsored merchant processing servicers. We generally have a low likelihood of loss in connection with our merchant processing services because most products and services are delivered when purchased and amounts are generally refunded when items are returned to the merchant. In addition, we may reduce our risk in connection with these transactions by withholding future payments and requiring cash or other collateral. We estimate our potential maximum exposure to be the total merchant transaction volume processed in the preceding four months, which is generally the lifecycle for a charge-back transaction. As of December 31, 2024, our potential maximum exposure was approximately $477.3 billion, and related losses, including those from our joint venture entity, were insignificant. GUARANTEES OF SUBSIDIARIES. In the normal course of business, the Parent may provide counterparties with guarantees related to its subsidiaries’ obligations. These obligations are included in the Company’s consolidated balance sheet or are reflected as off-balance sheet commitments, and therefore, the Parent has not recognized a separate liability for these guarantees. Additionally, the Parent fully and unconditionally guarantees the payment of principal, interest, and any other amounts that may be due on securities that its 100% owned finance subsidiary, Wells Fargo Finance LLC, may issue. These securities are not guaranteed by any other subsidiary of the Parent. The guaranteed liabilities were $1.3 billion and $834 million at December 31, 2024 and 2023, respectively. These guarantees rank on parity with all of the Parent’s other unsecured and unsubordinated indebtedness. The assets of the Parent consist primarily of equity in its subsidiaries, and the Parent is a separate and distinct legal entity from its subsidiaries. As a result, the Parent’s ability to address claims of holders of these debt securities against the Parent under the guarantee depends on the Parent’s receipt of dividends, loan payments and other funds from its subsidiaries. If any of the Parent’s subsidiaries becomes insolvent, the direct creditors of that subsidiary will have a prior claim on that subsidiary’s assets. The rights of the Parent and the rights of the Parent’s creditors will be subject to that prior claim unless the Parent is also a direct creditor of that subsidiary. For additional information regarding other restrictions on the Parent’s ability to receive dividends, loan payments and other funds from its subsidiaries, see Note 26 (Regulatory Capital Requirements and Other Restrictions). OTHER COMMITMENTS. As of December 31, 2024 and 2023, we had commitments to purchase equity securities of $6.6 billion and $9.2 billion, respectively, which predominantly included Federal Reserve Bank stock and tax credit investments accounted for using the equity method. We have commitments to enter into resale and securities borrowing agreements as well as repurchase and securities lending agreements with certain counterparties, including central clearing organizations. The amount of our unfunded contractual commitments for resale and securities borrowing agreements was $27.3 billion and $17.5 billion as of December 31, 2024 and 2023, respectively. The amount of our unfunded contractual commitments for repurchase and securities lending agreements was $2.0 billion and $746 million as of December 31, 2024 and 2023, respectively. Given the nature of these commitments, they are excluded from Table 5.4 (Unfunded Credit Commitments) in Note 5 (Loans and Related Allowance for Credit Losses).

Securities Financing Activities

Securities Financing Activities	12 Months Ended
	Dec. 31, 2024
Securities Financing Transactions [Abstract]
Securities Financing Activities	Note 18: Securities Financing Activities We enter into resale and repurchase agreements and securities borrowing and lending agreements (collectively, “securities financing activities”) typically to finance trading positions (including securities and derivatives), acquire securities to cover short trading positions, accommodate customers’ financing needs, and settle other securities obligations. These activities are conducted through our broker-dealer subsidiaries and, to a lesser extent, through other bank entities. Our securities financing activities predominantly involve high-quality, liquid securities such as U.S. Treasury securities and government agency securities and, to a lesser extent, less liquid securities, including equity securities, corporate bonds and asset-backed securities. We account for these transactions as collateralized financings in which we typically receive or pledge securities as collateral. We believe these financing transactions generally do not have material credit risk given the collateral provided and the related monitoring processes. OFFSETTING OF SECURITIES FINANCING ACTIVITIES. Table 18.1 presents resale and repurchase agreements subject to master repurchase agreements (MRA) and securities borrowing and lending agreements subject to master securities lending agreements (MSLA). Where legally enforceable, these master netting arrangements give the ability, in the event of default by the counterparty, to liquidate securities held as collateral and to offset receivables and payables with the same counterparty. Securities financings with the same counterparty are presented net on our consolidated balance sheet, provided certain criteria are met that permit balance sheet netting. The majority of transactions subject to these agreements do not meet those criteria and thus are not eligible for balance sheet netting. Securities collateral we pledge is not netted on our consolidated balance sheet against the related liability. Securities collateral we receive is not recognized on our consolidated balance sheet. Collateral pledged or received may be increased or decreased over time to maintain certain contractual thresholds, as the assets underlying each arrangement fluctuate in value. For additional information on collateral pledged and received, see Note 19 (Pledged Assets and Collateral). Generally, these agreements require collateral to exceed the asset or liability recognized on the balance sheet. The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs or MSLAs. While these agreements are typically over-collateralized, the disclosure in this table is limited to the reported amount of such collateral to the amount of the related recognized asset or liability for each counterparty. In addition to the amounts included in Table 18.1, we also have balance sheet netting related to derivatives that is disclosed in Note 14 (Derivatives). Table 18.1: Offsetting – Securities Financing Activities (in millions) Dec 31, Dec 31, Assets: Resale and securities borrowing agreements Gross amounts recognized $ 159,538 108,785 Gross amounts offset in consolidated balance sheet (1) (54,208) (28,402) Net amounts in consolidated balance sheet (2) 105,330 80,383 Collateral received not recognized in consolidated balance sheet (3) (104,313) (79,473) Net amount (4) $ 1,017 910 Liabilities: Repurchase and securities lending agreements Gross amounts recognized $ 149,427 106,060 Gross amounts offset in consolidated balance sheet (1) (54,208) (28,402) Net amounts in consolidated balance sheet (5) 95,219 77,658 Collateral pledged but not netted in consolidated balance sheet (6) (95,170) (77,529) Net amount (4) $ 49 129 (1) Represents recognized amount of resale and repurchase agreements with counterparties subject to enforceable MRAs that have been offset within our consolidated balance sheet. (2) Included in federal funds sold and securities purchased under resale agreements on our consolidated balance sheet. Excludes $21.8 billion and $20.5 billion classified on our consolidated balance sheet in loans at December 31, 2024 and December 31, 2023, respectively, which relates to resale agreements involving collateral other than securities as part of our commercial lending business activities. (3) Represents the fair value of collateral we have received under enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized asset due from each counterparty. (4) Represents the amount of our exposure (assets) or obligation (liabilities) that is not collateralized and/or is not subject to an enforceable MRA or MSLA. (5) Included in short-term borrowings on our consolidated balance sheet. (6) Represents the fair value of collateral we have pledged, related to enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized liability owed to each counterparty. REPURCHASE AND SECURITIES LENDING AGREEMENTS. Securities sold under repurchase agreements and securities lending arrangements are effectively short-term collateralized borrowings. In these transactions, we receive cash in exchange for transferring securities as collateral and recognize an obligation to reacquire the securities for cash at the transaction’s maturity. These types of transactions create risks, including (1) the counterparty may fail to return the securities at maturity, (2) the fair value of the securities transferred may decline below the amount of our obligation to reacquire the securities, and therefore create an obligation for us to pledge additional amounts, and (3) the counterparty may accelerate the maturity on demand, requiring us to reacquire the security prior to contractual maturity. We attempt to mitigate these risks in various ways. Our collateral predominantly consists of highly liquid securities. In addition, we underwrite and monitor the financial strength of our counterparties, monitor the fair value of collateral pledged relative to contractually required repurchase amounts, and monitor that our collateral is properly returned through the clearing and settlement process in advance of our cash repayment. Table 18.2 provides the gross amounts recognized on our consolidated balance sheet (before the effects of offsetting) of our liabilities for repurchase and securities lending agreements disaggregated by underlying collateral type. Table 18.2: Gross Obligations by Underlying Collateral Type (in millions) Dec 31, Dec 31, Repurchase agreements: Securities of U.S. Treasury and federal agencies $ 70,362 38,742 Securities of U.S. States and political subdivisions 648 579 Federal agency mortgage-backed securities 54,107 48,019 Non-agency mortgage-backed securities 2,397 1,889 Corporate debt securities 10,008 7,925 Asset-backed securities 2,334 2,176 Equity securities 1,584 635 Other 740 541 Total repurchases 142,180 100,506 Securities lending arrangements: Securities of U.S. Treasury and federal agencies 214 251 Corporate debt securities 1,925 293 Equity securities 5,101 4,965 Other 7 45 Total securities lending 7,247 5,554 Total repurchases and securities lending $ 149,427 106,060 Table 18.3 provides the contractual maturities of our gross obligations under repurchase and securities lending agreements. Securities lending is executed under agreements that allow either party to terminate the transaction without notice, while repurchase agreements have a term structure that matures at a point in time. The overnight agreements require an election by both parties to roll the trade, while continuous agreements require an election by either party to terminate the agreement. Table 18.3: Contractual Maturities of Gross Obligations (in millions) Repurchase agreements Securities lending agreements December 31, 2024 Overnight/continuous $ 79,560 4,096 Up to 30 days 40,318 — 30-90 days 8,909 300 >90 days 13,393 2,851 Total gross obligation $ 142,180 7,247 December 31, 2023 Overnight/continuous $ 54,810 4,903 Up to 30 days 13,704 — 30-90 days 23,264 200 >90 days 8,728 451 Total gross obligation $ 100,506 5,554

Pledged Assets and Collateral

Pledged Assets and Collateral	12 Months Ended
	Dec. 31, 2024
Financial Instruments Pledged as Collateral [Abstract]
Pledged Assets and Collateral	Note 19: Pledged Assets and Collateral Pledged Assets We pledge financial assets that we own to counterparties for the collateralization of securities and other collateralized financing activities, to secure trust and public deposits, and to collateralize derivative contracts. See Note 18 (Securities Financing Activities) for additional information on securities financing activities. As part of our liquidity management strategy, we may also pledge assets to secure borrowings and letters of credit from Federal Home Loan Banks (FHLBs), to maintain potential borrowing capacity with FHLBs and at the discount window of the Board of Governors of the Federal Reserve System (FRB), and for other purposes as required or permitted by law or insurance statutory requirements. The collateral that we pledge may include our own collateral as well as collateral that we have received from third parties and have the right to repledge. Table 19.1 provides the carrying values of assets recognized on our consolidated balance sheet that we have pledged to third parties. Assets pledged in transactions where our counterparty has the right to sell or repledge those assets are presented parenthetically on our consolidated balance sheet. VIE RELATED. We also pledge assets in connection with various types of transactions entered into with VIEs, which are excluded from Table 19.1. These pledged assets can only be used to settle the liabilities of those entities. We also have loans recorded on our consolidated balance sheet which represent certain delinquent loans that are eligible for repurchase from GNMA loan securitizations. See Note 16 (Securitizations and Variable Interest Entities) for additional information on consolidated and unconsolidated VIE assets. Table 19.1: Pledged Assets (in millions) Dec 31, Dec 31, Pledged to counterparties that had the right to sell or repledge: Debt securities: Trading $ 86,142 62,537 Available-for-sale 3,078 5,055 Equity securities 9,774 2,683 All other assets 461 495 Total assets pledged to counterparties that had the right to sell or repledge 99,455 70,770 Pledged to counterparties that did not have the right to sell or repledge: Debt securities: Trading 5,121 2,757 Available-for-sale 97,025 64,511 Held-to-maturity 213,829 246,218 Loans 485,701 445,092 Equity securities 2,150 1,502 All other assets 853 1,195 Total assets pledged to counterparties that did not have the right to sell or repledge 804,679 761,275 Total pledged assets $ 904,134 832,045 Collateral Accepted We receive financial assets as collateral that we are permitted to sell or repledge. This collateral is obtained in connection with securities purchased under resale agreements and securities borrowing transactions, customer margin loans, and derivative contracts. We may use this collateral in connection with securities sold under repurchase agreements and securities lending transactions, derivative contracts, and short sales. At December 31, 2024 and December 31, 2023, the fair value of this collateral received that we have the right to sell or repledge was $288.7 billion and $216.6 billion, respectively, of which $142.2 billion and $103.3 billion, respectively, were sold or repledged.

Operating Segments

Operating Segments	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Operating Segments	Note 20: Operating Segments Our management reporting is organized into four reportable operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. All other business activities that are not included in the reportable operating segments have been included in Corporate. We define our reportable operating segments by type of product and customer segment, and their results are based on our management reporting process. The management reporting process measures the performance of the reportable operating segments based on the Company’s management structure, and the results are regularly reviewed with our Chief Executive Officer (CEO) and relevant senior management. Our CEO is the chief operating decision maker (CODM) and reviews actual and forecasted operating segment net income for assessing performance and deciding how to allocate resources. The management reporting process is based on U.S. GAAP and includes specific adjustments, such as funds transfer pricing for asset/liability management, shared revenue and expenses, and taxable-equivalent adjustments to consistently reflect income from taxable and tax-exempt sources, which allows management to assess performance consistently across the operating segments. Consumer Banking and Lending offers diversified financial products and services for consumers and small businesses with annual sales generally up to $10 million. These financial products and services include checking and savings accounts, credit and debit cards as well as home, auto, personal, and small business lending. Commercial Banking provides financial solutions to private, family owned and certain public companies. Products and services include banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. Corporate and Investment Banking delivers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government and institutional clients globally. Products and services include corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions as well as sales, trading, and research capabilities. Wealth and Investment Management provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. We operate through financial advisors in our brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade ® and Intuitive Investor ®. Corporate includes corporate treasury and enterprise functions, net of expense allocations, in support of the reportable operating segments (including funds transfer pricing, capital, and liquidity), as well as our investment portfolio and venture capital and private equity investments. Corporate also includes certain lines of business that management has determined are no longer consistent with the long-term strategic goals of the Company as well as results for previously divested businesses. Basis of Presentation FUNDS TRANSFER PRICING. Corporate treasury manages a funds transfer pricing methodology that considers interest rate risk, liquidity risk, and other product characteristics. Operating segments pay a funding charge for their assets and receive a funding credit for their deposits, both of which are included in net interest income. The net impact of the funding charges or credits is recognized in corporate treasury. REVENUE SHARING AND EXPENSE ALLOCATIONS. When lines of business jointly serve customers, the line of business that is responsible for providing the product or service recognizes revenue or expense with a referral fee paid or an allocation of cost to the other line of business based on established internal revenue-sharing agreements. When a line of business uses a service provided by another line of business, expense is generally allocated based on the cost and use of the service provided. Enterprise functions, such as operations, technology, and risk management, are included in Corporate with an allocation of their applicable costs to the reportable operating segments based on the level of support provided by the enterprise function. We periodically assess and update our revenue sharing and expense allocation methodologies. Table 20.1 includes the allocated expenses from Corporate to the reportable operating segments within the relevant personnel and non-personnel expense lines. Personnel expense is a significant expense for our reportable operating segments. Non-personnel expense includes other expense categories that are consistent with those presented in our consolidated statement of income, such as technology, telecommunications and equipment expense, occupancy expense, and professional and outside services expense. TAXABLE-EQUIVALENT ADJUSTMENTS. Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results. Table 20.1 presents our results by operating segment. Table 20.1: Operating Segments (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Items (1) Consolidated Year ended December 31, 2024 Net interest income (2) $ 28,303 9,096 7,935 3,473 (791) (340) 47,676 Noninterest income 7,898 3,682 11,409 11,963 1,129 (1,461) 34,620 Total revenue 36,201 12,778 19,344 15,436 338 (1,801) 82,296 Provision for credit losses 3,561 290 521 (22) (16) — 4,334 Personnel expense 13,864 4,090 6,067 10,424 1,284 — 35,729 Non-personnel expense 9,410 2,100 2,962 2,460 1,937 — 18,869 Noninterest expense 23,274 6,190 9,029 12,884 3,221 — 54,598 Income (loss) before income tax expense (benefit) 9,366 6,298 9,794 2,574 (2,867) (1,801) 23,364 Income tax expense (benefit) 2,357 1,599 2,456 672 (1,884) (1,801) 3,399 Net income (loss) before noncontrolling interests 7,009 4,699 7,338 1,902 (983) — 19,965 Less: Net income from noncontrolling interests — 10 — — 233 — 243 Net income (loss) $ 7,009 4,689 7,338 1,902 (1,216) — 19,722 Year ended December 31, 2023 Net interest income (2) $ 30,185 10,034 9,498 3,966 (888) (420) 52,375 Noninterest income 7,734 3,415 9,693 10,725 431 (1,776) 30,222 Total revenue 37,919 13,449 19,191 14,691 (457) (2,196) 82,597 Provision for credit losses 3,299 75 2,007 6 12 — 5,399 Personnel expense 14,626 4,366 5,910 9,746 1,181 — 35,829 Non-personnel expense 9,398 2,189 2,708 2,318 3,120 — 19,733 Noninterest expense 24,024 6,555 8,618 12,064 4,301 — 55,562 Income (loss) before income tax expense (benefit) 10,596 6,819 8,566 2,621 (4,770) (2,196) 21,636 Income tax expense (benefit) 2,657 1,704 2,140 657 (2,355) (2,196) 2,607 Net income (loss) before noncontrolling interests 7,939 5,115 6,426 1,964 (2,415) — 19,029 Less: Net income (loss) from noncontrolling interests — 11 — — (124) — (113) Net income (loss) $ 7,939 5,104 6,426 1,964 (2,291) — 19,142 Year ended December 31, 2022 Net interest income (2) $ 27,044 7,289 8,733 3,927 (1,607) (436) 44,950 Noninterest income 8,766 3,631 6,509 10,895 1,192 (1,575) 29,418 Total revenue 35,810 10,920 15,242 14,822 (415) (2,011) 74,368 Provision for credit losses 2,276 (534) (185) (25) 2 — 1,534 Personnel expense 15,052 3,972 5,225 9,362 729 — 34,340 Non-personnel expense 11,225 2,086 2,335 2,251 4,968 — 22,865 Noninterest expense 26,277 6,058 7,560 11,613 5,697 — 57,205 Income (loss) before income tax expense (benefit) 7,257 5,396 7,867 3,234 (6,114) (2,011) 15,629 Income tax expense (benefit) 1,816 1,366 1,989 812 (1,721) (2,011) 2,251 Net income (loss) before noncontrolling interests 5,441 4,030 5,878 2,422 (4,393) — 13,378 Less: Net income (loss) from noncontrolling interests — 12 — — (311) — (299) Net income (loss) $ 5,441 4,018 5,878 2,422 (4,082) — 13,677 (continued on following page) (continued from previous page) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Items (1) Consolidated Year ended December 31, 2024 Loans (average) $ 325,163 223,057 277,039 83,005 7,112 — 915,376 Assets (average) 360,907 245,707 568,035 90,024 652,024 — 1,916,697 Deposits (average) 774,660 172,129 192,592 107,689 98,845 — 1,345,915 Loans (period-end) 321,430 223,318 278,680 84,340 4,977 — 912,745 Assets (period-end) 361,663 246,569 597,278 90,536 633,799 — 1,929,845 Deposits (period-end) 783,490 188,650 212,948 127,008 59,708 — 1,371,804 Year ended December 31, 2023 Loans (average) $ 335,920 224,102 291,975 82,755 9,164 — 943,916 Assets (average) 377,434 245,520 553,722 89,797 619,002 — 1,885,475 Deposits (average) 811,091 165,235 162,062 112,069 95,825 — 1,346,282 Loans (period-end) 332,867 224,774 287,432 82,555 9,054 — 936,682 Assets (period-end) 375,484 245,568 547,203 90,138 674,075 — 1,932,468 Deposits (period-end) 782,309 162,526 185,142 103,902 124,294 — 1,358,173 (1) Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results. (2)

Revenue and Expenses

Revenue and Expenses	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue and Expenses	Note 21: Revenue and Expenses Revenue Our revenue includes net interest income on financial instruments and noninterest income. Table 21.1 presents our revenue by operating segment. For additional description of our operating segments, including additional financial information and the underlying management accounting process, see Note 20 (Operating Segments). Table 21.1: Revenue by Operating Segment (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Consolidated Year ended December 31, 2024 Net interest income (2) $ 28,303 9,096 7,935 3,473 (791) (340) 47,676 Noninterest income: Deposit-related fees 2,734 1,180 1,073 24 4 — 5,015 Lending-related fees (2) 92 555 842 11 — — 1,500 Investment advisory and other asset-based fees (3) — 84 157 9,534 — — 9,775 Commissions and brokerage services fees — — 368 2,153 — — 2,521 Investment banking fees (4) 84 2,675 — (90) — 2,665 Card fees: Card interchange and network revenue (4) 3,567 205 55 4 2 — 3,833 Other card fees (2) 509 — — — — — 509 Total card fees 4,076 205 55 4 2 — 4,342 Mortgage banking (2) 650 — 410 (13) — — 1,047 Net gains (losses) from trading activities (2) — (2) 5,091 155 40 — 5,284 Net losses from debt securities (2) — — — — (920) — (920) Net gains (losses) from equity securities (2) (2) 21 19 15 1,017 — 1,070 Lease income (2) — 532 122 — 577 — 1,231 Other (2) 352 1,023 597 80 499 (1,461) 1,090 Total noninterest income 7,898 3,682 11,409 11,963 1,129 (1,461) 34,620 Total revenue $ 36,201 12,778 19,344 15,436 338 (1,801) 82,296 Year ended December 31, 2023 Net interest income (2) $ 30,185 10,034 9,498 3,966 (888) (420) 52,375 Noninterest income: Deposit-related fees 2,702 998 976 22 (4) — 4,694 Lending-related fees (2) 117 531 790 8 — — 1,446 Investment advisory and other asset-based fees (3) — 74 150 8,446 — — 8,670 Commissions and brokerage services fees — — 317 2,058 — — 2,375 Investment banking fees (6) 61 1,738 — (144) — 1,649 Card fees: Card interchange and network revenue (4) 3,540 223 60 4 2 — 3,829 Other card fees (2) 427 — — — — — 427 Total card fees 3,967 223 60 4 2 — 4,256 Mortgage banking (2) 512 — 329 (12) — — 829 Net gains (losses) from trading activities (2) — (10) 4,553 162 94 — 4,799 Net gains (losses) from debt securities (2) — 25 — — (15) — 10 Net losses from equity securities (2) — (58) (4) (2) (377) — (441) Lease income (2) — 644 57 — 536 — 1,237 Other (2) 442 927 727 39 339 (1,776) 698 Total noninterest income 7,734 3,415 9,693 10,725 431 (1,776) 30,222 Total revenue $ 37,919 13,449 19,191 14,691 (457) (2,196) 82,597 (continued on following page) (continued from previous page) (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Consolidated Year ended December 31, 2022 Net interest income (2) $ 27,044 7,289 8,733 3,927 (1,607) (436) 44,950 Noninterest income: Deposit-related fees 3,093 1,131 1,068 24 — — 5,316 Lending-related fees (2) 129 491 769 8 — — 1,397 Investment advisory and other asset-based fees (3) — 42 107 8,847 8 — 9,004 Commissions and brokerage services fees — — 311 1,931 — — 2,242 Investment banking fees (3) 60 1,492 — (110) — 1,439 Card fees: Card interchange and network revenue (4) 3,590 224 60 4 — — 3,878 Other card fees (2) 477 — — — — — 477 Total card fees 4,067 224 60 4 — — 4,355 Mortgage banking (2) 1,100 — 296 (12) (1) — 1,383 Net gains (losses) from trading activities (2) — (6) 1,886 58 178 — 2,116 Net gains from debt securities (2) — 5 — — 146 — 151 Net gains (losses) from equity securities (2) (5) 64 (5) (2) (858) — (806) Lease income (2) — 710 15 — 544 — 1,269 Other (2) 385 910 510 37 1,285 (1,575) 1,552 Total noninterest income 8,766 3,631 6,509 10,895 1,192 (1,575) 29,418 Total revenue $ 35,810 10,920 15,242 14,822 (415) (2,011) 74,368 (1) Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results. (2) These revenue types are related to financial assets and liabilities, including loans, leases, securities and derivatives, with additional details included in other footnotes to our financial statements. (3) We earned trailing commissions of $943 million, $904 million, and $989 million for the years ended December 31, 2024, 2023 and 2022, respectively. (4) The cost of credit card rewards and rebates of $2.7 billion, $2.6 billion and $2.2 billion for the years ended December 31, 2024, 2023 and 2022, respectively, are presented net against the related revenue. We provide services to customers which have related performance obligations that we complete to recognize revenue. Our revenue is generally recognized either immediately upon the completion of our service or over time as we perform services. Any services performed over time generally require that we render services each period and therefore we measure our progress in completing these services based upon the passage of time. DEPOSIT-RELATED FEES are earned in connection with depository accounts for commercial and consumer customers and include fees for account charges, overdraft services, cash network fees, wire transfer and other remittance fees, and safe deposit box fees. Account charges include fees for periodic account maintenance activities and event-driven services such as stop payment fees. Our obligation for event-driven services is satisfied at the time of the event when the service is delivered, while our obligation for maintenance services is satisfied over the course of each month. Our obligation for overdraft services is satisfied at the time of the overdraft. Cash network fees are earned for processing ATM transactions, and our obligation is completed upon settlement of ATM transactions. Wire transfer and other remittance fees consist of fees earned for providing funds transfer services and issuing cashier’s checks and money orders. Our obligation is satisfied at the time of the performance of the funds transfer service or upon issuance of the cashier’s check or money order. Safe deposit box fees are generally recognized over time as we provide the services. INVESTMENT ADVISORY AND OTHER ASSET-BASED FEES are earned for providing brokerage advisory, asset management and trust services. Fees from advisory account relationships with brokerage customers are charged based on a percentage of the market value of the client’s assets. Services and obligations related to providing investment advice, active management of client assets, and assistance with selecting and engaging a third-party advisory manager are generally satisfied over a month or quarter. Trailing commissions are earned for selling shares to investors and our obligation is satisfied at the time shares are sold. However, these fees are received and recognized over time during the period the customer owns the shares and we remain the broker of record. The amount of trailing commissions is variable based on the length of time the customer holds the shares and on changes in the value of the underlying assets. Asset management services include managing and administering assets, including mutual funds, and institutional separate accounts. Fees for these services are generally determined based on a tiered scale relative to the market value of assets under management (AUM). In addition to AUM, we have client assets under administration (AUA) that earn various administrative fees which are generally based on the extent of the services provided to administer the account. Services with AUM and AUA-based fees are generally satisfied over time. Trust services include acting as a trustee or agent for personal trust and agency assets. Obligations for trust services are generally satisfied over time; however, obligations for activities that are transitional in nature are satisfied at the time of the transaction. COMMISSIONS AND BROKERAGE SERVICES FEES are earned for providing brokerage services. Commissions from transactional accounts with brokerage customers are earned for executing transactions at the client’s direction. Our obligation is generally satisfied upon the execution of the transaction and the fees are based on the size and number of transactions executed. Fees earned from other brokerage services include securities clearance, omnibus and networking fees received from mutual fund companies in return for providing record keeping and other administrative services, and annual account maintenance fees charged to customers. Our obligation is satisfied at the time we provide the service which is generally at the time of the transaction. INVESTMENT BANKING FEES are earned for underwriting debt and equity securities, arranging syndicated loan transactions and performing other advisory services. Our obligation for these services is generally satisfied at closing of the transaction. CARD FEES include credit and debit card interchange and network revenue and various card-related fees. Credit and debit card interchange and network revenue is earned on credit and debit card transactions conducted through payment networks such as Visa, MasterCard, and American Express. Our obligation is satisfied concurrently with the delivery of services on a daily basis. Other card fees represent late fees, cash advance fees, balance transfer fees, and annual fees. Expenses PERSONNEL EXPENSE. Personnel expense included severance expense of $666 million, $1.5 billion, and $397 million for the years ended December 31, 2024, 2023 and 2022, respectively . OPERATING LOSSES. Operating losses consist of expenses related to: • Legal actions such as litigation and regulatory matters. For additional information on legal actions, see Note 13 (Legal Actions); • Customer remediation activities, which are associated with our efforts to identify areas or instances where customers may have experienced financial harm and provide remediation as appropriate. We have accrued for the probable and estimable costs related to our customer remediation activities, which amounts may change based on additional facts and information, as well as ongoing reviews and communications with our regulators; and • Other business activities such as deposit overdraft losses, fraud losses, and isolated instances of customer redress. Table 21.2 provides the components of our operating losses included in our consolidated statement of income. Table 21.2: Operating Losses Year ended December 31, (in millions) 2024 2023 2022 Legal actions $ 290 179 3,308 Customer remediation 722 207 2,691 Other 745 797 985 Total operating losses $ 1,757 1,183 6,984 Operating losses may have significant variability given the inherent and unpredictable nature of legal actions and customer remediation activities. The timing and determination of the amount of any associated losses for these matters depends on a variety of factors, some of which are outside of our control. OTHER EXPENSES. Regulatory Charges and Assessments expense, which is included in other noninterest expense, was $1.4 billion, $3.1 billion, and $860 million in 2024, 2023, and 2022, respectively, and predominantly consisted of Federal Deposit Insurance Corporation (FDIC) deposit assessment expense. In November 2023, the FDIC finalized a rule to recover losses to the FDIC deposit insurance fund as a result of bank failures in the first half of 2023. Under the rule, the FDIC will collect a special assessment based on an insured depository institution’s estimated amount of uninsured deposits. Upon the FDIC’s finalization of the rule, we expensed an estimated amount of our special assessment of $1.9 billion (pre-tax) in fourth quarter 2023. During 2024, the FDIC provided updates on losses to the deposit insurance fund, which resulted in an additional expense of $243 million (pre-tax) in 2024 for the estimated amount of the special assessment. We expect the ultimate amount of the special assessment may continue to change as the FDIC determines the actual net losses to the deposit insurance fund.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Employee Benefits	Note 22: Employee Benefits Pension and Postretirement Plans We sponsor a frozen noncontributory qualified defined benefit retirement plan, the Wells Fargo & Company Cash Balance Plan (Cash Balance Plan), which covers eligible employees of Wells Fargo. The Cash Balance Plan was frozen on July 1, 2009, and no new benefits accrue after that date. Prior to July 1, 2009, eligible employees’ Cash Balance Plan accounts were allocated a compensation credit based on a percentage of their certified compensation; the freeze discontinued the allocation of compensation credits after June 30, 2009. Investment credits continue to be allocated to participants’ accounts based on their accumulated balances. We did not make a contribution to our Cash Balance Plan in 2024. We do not expect that we will be required to make a contribution to the Cash Balance Plan in 2025. For the nonqualified pension plans and postretirement benefit plans, there is no minimum required contribution beyond the amount needed to fund benefit payments. We recognize settlement losses for our Cash Balance Plan based on an assessment of whether lump sum benefit payments will, in aggregate for the year, exceed the sum of its annual service and interest cost (threshold). Lump sum payments (included in the “Benefits paid” line in Table 22.1) did not exceed this threshold in either 2024 or 2023. Our nonqualified defined benefit plans are unfunded and provide supplemental defined benefit pension benefits to certain eligible employees. The benefits under these plans were frozen in prior years. Other benefits include health care and life insurance benefits provided to certain retired employees. We reserve the right to amend, modify or terminate any of these benefits at any time. The information set forth in the following tables is based on current actuarial reports using the measurement date of December 31 for our pension and postretirement benefit plans. Table 22.1 presents the changes in the benefit obligation and the fair value of plan assets, the funded status, and the amounts recognized on our consolidated balance sheet. Changes in the benefit obligation for the qualified plans were driven by the amounts of benefits paid and changes in the actuarial loss (gain) amounts, which are driven by changes in the discount rates at December 31, 2024 and 2023, respectively. Table 22.1: Changes in Benefit Obligation and Fair Value of Plan Assets December 31, 2024 December 31, 2023 Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Change in benefit obligation: Benefit obligation at beginning of period $ 8,126 375 287 8,141 391 309 Service cost 29 — — 25 — — Interest cost 387 17 13 403 18 15 Plan participants’ contributions — — 33 — — 37 Actuarial loss (gain) (379) (27) (1) 191 8 (8) Benefits paid (679) (40) (66) (634) (42) (66) Settlements, Curtailments, and Amendments (3) — 4 — — — Foreign exchange impact (5) — (1) — — — Benefit obligation at end of period 7,476 325 269 8,126 375 287 Change in plan assets: Fair value of plan assets at beginning of period 8,634 — 497 8,600 — 476 Actual return on plan assets 167 — 26 653 — 44 Employer contribution 16 40 6 15 42 6 Plan participants’ contributions — — 33 — — 37 Benefits paid (679) (40) (66) (634) (42) (66) Foreign exchange impact (2) — — — — — Fair value of plan assets at end of period 8,136 — 496 8,634 — 497 Funded status at end of period $ 660 (325) 227 508 (375) 210 Amounts recognized on the consolidated balance sheet at end of period: Assets $ 751 — 240 585 — 224 Liabilities (91) (325) (13) (77) (375) (14) Table 22.2 provides information for pension and postretirement plans with benefit obligations in excess of plan assets. Table 22.2: Plans with Benefit Obligations in Excess of Plan Assets December 31, 2024 December 31, 2023 (in millions) Pension Benefits Other Benefits Pension Benefits Other Benefits Projected benefit obligation $ 473 N/A 549 N/A Accumulated benefit obligation 424 13 511 14 Fair value of plan assets 56 — 97 — Table 22.3 presents the components of net periodic benefit cost and OCI. Service cost is reported in personnel expense and all other components of net periodic benefit cost are reported in other noninterest expense on our consolidated statement of income. Table 22.3: Net Periodic Benefit Cost and Other Comprehensive Income December 31, 2024 December 31, 2023 December 31, 2022 Pension benefits Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Qualified Non- Other Service cost $ 29 — — 25 — — 19 — — Interest cost 387 17 13 403 18 15 348 12 9 Expected return on plan assets (472) — (25) (503) — (25) (511) — (22) Amortization of net actuarial loss (gain) 138 5 (24) 139 5 (25) 136 11 (22) Amortization of prior service cost (credit) — — (10) — — (10) 1 — (10) Settlement loss — — — — — — 226 1 — Curtailment gain (3) — — — — — — — — Net periodic benefit cost 79 22 (46) 64 23 (45) 219 24 (45) Other changes in plan assets and benefit obligations recognized in other comprehensive income: Net actuarial loss (gain) (74) (27) (2) 41 8 (27) 253 (76) (36) Amortization of net actuarial gain (loss) (138) (5) 24 (139) (5) 25 (136) (11) 22 Prior service cost — — 4 — — — — — — Amortization of prior service credit (cost) — — 10 — — 10 (1) — 10 Settlement (loss) — — — — — — (226) (1) — Total recognized in other comprehensive income (212) (32) 36 (98) 3 8 (110) (88) (4) Total recognized in net periodic benefit cost and other comprehensive income $ (133) (10) (10) (34) 26 (37) 109 (64) (49) Table 22.4 provides the amounts recognized in AOCI (pre-tax). Table 22.4: Benefits Recognized in Accumulated OCI December 31, 2024 December 31, 2023 Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Net actuarial loss (gain) $ 2,630 42 (384) 2,842 74 (406) Net prior service credit — — (92) — — (106) Total $ 2,630 42 (476) 2,842 74 (512) Plan Assumptions For additional information on our pension accounting assumptions, see Note 1 (Summary of Significant Accounting Policies). Table 22.5 presents the weighted-average assumptions used to estimate the projected benefit obligation. Table 22.5: Weighted-Average Assumptions Used to Estimate Projected Benefit Obligation December 31, 2024 December 31, 2023 Pension benefits Pension benefits Qualified Non- Other Qualified Non- Other Discount rate 5.62 % 5.48 5.49 4.99 4.87 4.90 Interest crediting rate 4.55 4.07 N/A 3.91 3.39 N/A Table 22.6 presents the weighted-average assumptions used to determine the net periodic benefit cost, including the impact of interim re-measurements as applicable. Table 22.6: Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost December 31, 2024 December 31, 2023 December 31, 2022 Pension benefits Pension benefits Pension benefits Qualified Non- Other Qualified Non- Other Qualified Non- Other Discount rate 4.93 % 4.85 4.86 5.12 5.04 5.06 3.93 2.34 2.11 Interest crediting rate 3.91 3.39 N/A 4.10 3.58 N/A 3.37 1.51 N/A Expected return on plan assets 5.71 N/A 5.16 6.09 N/A 5.34 5.35 N/A 4.00 To account for postretirement health care plans, we used health care cost trend rates to recognize the effect of expected changes in future health care costs due to medical inflation, utilization changes, new technology, regulatory requirements and Medicare cost shifting. In determining the end of year benefit obligation, we assumed an average annual increase of approximately 14.50% for health care costs in 2025. This rate is assumed to trend down 1.00%-1.25% per year until the trend rate reaches an ultimate rate of 4.50% in 2034. The 2024 periodic benefit cost was determined using an initial annual trend rate of 16.50%. This rate was assumed to decrease 0.30%-3.20% per year until the trend rate reached an ultimate rate of 4.50% in 2033. Investment Strategy and Asset Allocation We seek to achieve the expected long-term rate of return with a prudent level of risk, given the benefit obligations of the pension plans and their funded status. Our overall investment strategy is designed to provide our Cash Balance Plan with a moderate amount of long-term growth opportunities while ensuring that risk is mitigated through diversification across numerous asset classes and various investment strategies, coupled with an investment strategy for the fixed income assets that is generally designed to match the interest rate sensitivity of the Cash Balance Plan’s benefit obligations. The Cash Balance Plan currently has a target asset allocation mix of the following ranges: 75%-85% fixed income, 10%-20% equities, and 0%-10% in real estate, private equity and other investments. The Employee Benefit Review Committee (EBRC), which includes several members of senior management, formally reviews the investment risk and performance of our Cash Balance Plan on a quarterly basis. Annual Plan liability analysis and periodic asset/liability evaluations are also conducted. Other benefit plan assets include (1) assets held in a 401(h) trust, which are invested with a target mix of 50%-60% equities and 40%-50% fixed income, and (2) assets held in the Retiree Medical Plan Voluntary Employees’ Beneficiary Association (VEBA) trust, which are substantially all invested in fixed income securities and cash. Members of the EBRC formally review the investment risk and performance of these assets on a quarterly basis. Projected Benefit Payments Future benefits that we expect to pay under the pension and other benefit plans are presented in Table 22.7. Table 22.7: Projected Benefit Payments Pension benefits (in millions) Qualified Non- Other benefits Period ended December 31, 2025 $ 714 38 34 2026 670 37 29 2027 648 36 28 2028 631 33 26 2029 627 32 25 2030-2034 2,915 133 105 Fair Value of Plan Assets Table 22.8 presents the classification of the fair value of the combined pension plan and other benefit plan assets in the fair value hierarchy. See Note 15 (Fair Value Measurements) for a description of the fair value hierarchy, including a summary of valuation methodologies used for assets measured at fair value. Level 3 assets were insignificant. Table 22.8: Pension and Other Benefit Plan Assets (in millions) Level 1 Level 2 Level 3 Total December 31, 2024 Debt securities (1) $ 1,581 4,561 — 6,142 Equity securities and mutual funds 983 — — 983 Collective investment funds — 1,062 — 1,062 Other 2 112 34 148 Total plan investments – excluding investments at NAV $ 2,566 5,735 34 8,335 Investments at NAV as a practical expedient (2) 246 Net receivables 51 Total plan assets $ 8,632 December 31, 2023 Debt securities (1) $ 1,507 4,932 — 6,439 Equity securities and mutual funds 922 — — 922 Collective investment funds — 1,110 — 1,110 Other 3 128 34 165 Total plan investments – excluding investments at NAV $ 2,432 6,170 34 8,636 Investments at NAV as a practical expedient (2) 264 Net receivables 231 Total plan assets $ 9,131 (1) Level 1 includes securities of the U.S. Treasury and Level 2 includes corporate debt securities. (2) Investments that are measured using the non-published net asset value (NAV) per share (or its equivalent) as a practical expedient are excluded from the fair value hierarchy. Defined Contribution Retirement Plans We sponsor a qualified defined contribution retirement plan, the Wells Fargo & Company 401(k) Plan (401(k) Plan). The 401(k) Plan allows eligible employees to contribute up to 50% of their certified compensation, subject to statutory limits, and to receive matching contributions from the Company, up to 6% of their certified compensation. The Company also provides a non-discretionary base contribution to the 401(k) Plan of 1% of certified compensation for eligible employees with annual compensation of less than $75,000. Eligible employees are 100% vested in their matching contributions and base contributions after three years of service. Matching and base contributions are made annually at year end. Total defined contribution retirement plan expenses were $1.0 billion in 2024, 2023, and 2022. The 401(k) Plan includes an Employee Stock Ownership Plan (ESOP) fund as an investment option. We have previously loaned money to the 401(k) Plan to purchase the Company's ESOP Preferred Stock that was convertible into common stock over time as the loans were repaid. The Company’s annual contribution to the 401(k) Plan, as well as dividends received on unreleased shares, were used to make payments on the loans. As the loans were repaid, shares were released from the unallocated reserve of the 401(k) Plan. Unreleased shares were reflected as unearned ESOP shares in our stockholders’ equity. Also, dividends on unreleased common stock or ESOP Preferred Stock did not reduce retained earnings, and the unreleased shares were not considered to be common stock equivalents for computing earnings per share. In October 2022, we redeemed all outstanding shares of our ESOP Preferred Stock in exchange for shares of the Company’s common stock. At December 31, 2022, there were 10 million unreleased shares of the Company’s common stock with an estimated fair value of $427 million. In October 2023, the 401(k) Plan fully repaid all loans to the Company, which resulted in the release of the shares from the unallocated reserve of the 401(k) Plan and allocated to the 401(k) Plan participants. Dividends on these allocated common shares reduced retained earnings, and the shares are considered outstanding for computing earnings per share.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 23: Income Taxes Table 23.1 presents the components of income tax expense (benefit). Table 23.1: Income Tax Expense (Benefit) Year ended December 31, (in millions) 2024 2023 2022 Current: U.S. Federal (1) $ 3,697 2,883 888 U.S. State and local 268 (453) (45) Non-U.S. 345 227 169 Total current 4,310 2,657 1,012 Deferred: U.S. Federal (737) (662) 767 U.S. State and local (131) 586 481 Non-U.S. (43) 26 (9) Total deferred (911) (50) 1,239 Total $ 3,399 2,607 2,251 (1) Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02, effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies) and Note 16 (Securitizations and Variable Interest Entities). Table 23.2 reconciles the statutory federal income tax rate to the effective income tax rate. Our effective tax rate is calculated by dividing income tax expense (benefit) by income before income tax expense (benefit) less the net income (loss) from noncontrolling interests. Table 23.2: Effective Income Tax Expense (Benefit) and Rate December 31, 2024 2023 2022 (in millions) Amount Rate Amount Rate Amount Rate Statutory federal income tax expense and rate $ 4,855 21.0 % $ 4,567 21.0 % $ 3,345 21.0 % Change in tax rate resulting from: State and local taxes on income, net of federal income tax benefit 549 2.4 855 3.9 581 3.7 Tax-exempt interest (294) (1.3) (308) (1.4) (321) (2.0) Tax credits, net of amortization (1) (964) (4.2) (1,546) (7.1) (1,264) (8.0) Nondeductible expenses (2) 239 1.0 214 1.0 560 3.5 Changes in prior year unrecognized tax benefits, inclusive of interest (819) (3.5) (1,009) (4.6) (503) (3.2) Other (167) (0.7) (166) (0.8) (147) (0.9) Effective income tax expense and rate $ 3,399 14.7 % $ 2,607 12.0 % $ 2,251 14.1 % (1) Includes impacts of affordable housing and renewable energy tax credit investments. Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02, effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies) and Note 16 (Securitizations and Variable Interest Entities). (2) Includes amounts related to nondeductible litigation and regulatory accruals in all years presented. The tax effects of our temporary differences that gave rise to significant portions of our deferred tax assets and liabilities are presented in Table 23.3. Table 23.3: Net Deferred Taxes (in millions) Dec 31, Dec 31, Deferred tax assets Net operating loss and tax credit carryforwards $ 4,721 4,369 Allowance for credit losses 3,580 3,648 Deferred compensation and employee benefits 3,194 3,201 Net unrealized losses on debt securities 2,881 2,784 Capitalized research expenses 1,653 1,389 Accrued expenses 1,187 1,416 Lease liabilities 1,104 1,011 Basis difference in investments 720 — Other 1,070 962 Total deferred tax assets 20,110 18,780 Deferred tax assets valuation allowance (162) (222) Deferred tax liabilities Mark to market, net (12,235) (12,571) Leasing and fixed assets (2,818) (2,794) Mortgage servicing rights (1,264) (1,552) Right-of-use assets (930) (818) Intangible assets (899) (874) Basis difference in investments — (60) Other (683) (520) Total deferred tax liabilities (18,829) (19,189) Net deferred tax asset (liability) (1) $ 1,119 (631) (1) The net deferred tax asset (liability) is included in other assets and accrued expenses and other liabilities, respectively. Deferred taxes related to net unrealized gains (losses) on debt securities, net unrealized gains (losses) on derivatives, foreign currency translation, and employee benefit plan adjustments are recorded in accumulated OCI. See Note 25 (Other Comprehensive Income) for additional information. We have determined that a valuation allowance is required for 2024 in the amount of $162 million, attributable to deferred tax assets in various state and non-U.S. jurisdictions where we believe it is more likely than not that these deferred tax assets will not be realized due to lack of sources of taxable income, limitations on carryback of losses or credits and the inability to implement tax planning to realize these deferred tax assets. We have concluded that it is more likely than not that the remaining deferred tax assets will be realized based on our history of earnings, sources of taxable income in carryback periods, and our ability to implement tax planning strategies. Table 23.4 presents the components of the deferred tax assets related to net operating loss (NOL) and tax credit carryforwards at December 31, 2024. If not utilized, carryforwards mostly expire in varying amounts through December 31, 2044, with the exception of U.S. Federal corporate alternative minimum tax credits that do not expire. Table 23.4: Deferred Tax Assets Related To Net Operating Loss and Tax Credit Carryforwards (in millions) Dec 31, 2024 U.S. Federal tax credits $ 4,415 U.S. State NOLs and credits 237 Non-U.S. NOLs and credits 69 Total net operating loss and tax credit carryforwards $ 4,721 Wells Fargo has determined that it will continue to indefinitely reinvest outside the U.S. all or a portion of the unremitted earnings of certain foreign subsidiaries. We do not intend to distribute these earnings in a manner that would be taxable in the U.S. and intend to limit distributions to non-U.S. earnings previously taxed in the U.S. or, that would qualify for the 100% dividends received deduction. Where we intend to distribute a portion of the unremitted earnings, we have accrued the applicable tax impacts. All other undistributed non-U.S. earnings will continue to be permanently reinvested outside the U.S. and the related tax liability on these earnings is insignificant. Table 23.5 presents the change in unrecognized tax benefits. Table 23.5: Change in Unrecognized Tax Benefits Year ended (in millions) 2024 2023 Balance, beginning of period $ 4,114 5,437 Additions: For tax positions related to the current year 292 246 For tax positions related to prior years 140 352 Reductions: For tax positions related to prior years (1,354) (765) Lapse of statute of limitations (44) (389) Settlements with tax authorities (43) (767) Balance, end of period $ 3,105 4,114 Of the $3.1 billion of unrecognized tax benefits at December 31, 2024, approximately $2.0 billion would, if recognized, affect the effective tax rate. The remaining $1.1 billion of unrecognized tax benefits relates to income tax positions on temporary differences. We account for interest and penalties related to income tax liabilities as a component of income tax expense. As of December 31, 2024 and 2023, we have accrued receivables of approximately $53 million and $29 million, respectively, for interest and penalties. In 2024 and 2023, we recognized income tax benefit, net of tax, of $199 million and $325 million, respectively, related to interest and penalties. We are subject to U.S. federal income tax as well as income tax in numerous state and non-U.S. jurisdictions. We are routinely examined by tax authorities in these various jurisdictions. With few exceptions, Wells Fargo and its subsidiaries are not subject to federal, state, local and non-U.S. income tax examinations for taxable years prior to 2015. It is reasonably possible that one or more of the examinations or appeals may be resolved within the next twelve months resulting in a decrease of up to $1.2 billion of our gross unrecognized tax benefits. Table 23.6 summarizes our major tax jurisdiction examination status as of December 31, 2024. Table 23.6: Tax Examination Status Jurisdiction Tax Year(s) Status United States 2015-2016 Administrative appeals United States 2017-2022 Field examination California 2015-2020 Field examination New York State 2017-2019 Field examination New York City 2017-2019 Field examination

Earnings and Dividends Per Comm

Earnings and Dividends Per Common Share	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings and Dividends Per Common Share	Note 24: Earnings and Dividends Per Common Share Table 24.1 shows earnings per common share and diluted earnings per common share and reconciles the numerator and denominator of both earnings per common share calculations. See the Consolidated Statement of Changes in Equity and Note 12 (Common Stock and Stock Plans) for information about stock and options activity. Table 24.1: Earnings Per Common Share Calculations Year ended December 31, (in millions, except per share amounts) 2024 2023 2022 Wells Fargo net income $ 19,722 19,142 13,677 Less: Preferred stock dividends and other (1) 1,116 1,160 1,115 Wells Fargo net income applicable to common stock (numerator) $ 18,606 17,982 12,562 Earnings per common share Average common shares outstanding (denominator) 3,426.1 3,688.3 3,805.2 Per share $ 5.43 4.88 3.30 Diluted earnings per common share Average common shares outstanding 3,426.1 3,688.3 3,805.2 Add: Restricted share rights (2) 41.5 32.1 31.8 Diluted average common shares outstanding (denominator) 3,467.6 3,720.4 3,837.0 Per share $ 5.37 4.83 3.27 (1) Includes costs associated with any preferred stock redemption. (2) Calculated using the treasury stock method. Table 24.2 presents the outstanding securities that were anti-dilutive and therefore not included in the calculation of diluted earnings per common share. Table 24.2: Outstanding Anti-Dilutive Securities Weighted-average shares Year ended December 31, (in millions) 2024 2023 2022 Convertible Preferred Stock, Series L (1) 25.3 25.3 25.3 Restricted share rights (2) 0.1 0.1 0.2 (1) Calculated using the if-converted method. (2) Calculated using the treasury stock method. Table 24.3 presents dividends declared per common share. Table 24.3: Dividends Declared Per Common Share Year ended December 31, 2024 2023 2022 Per common share $ 1.50 1.30 1.10

Other Comprehensive Income

Other Comprehensive Income	12 Months Ended
	Dec. 31, 2024
Accumulative Other Comprehensive Income Balances [Abstract]
Other Comprehensive Income	Note 25: Other Comprehensive Income Table 25.1 provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects. Income tax effects are reclassified from accumulated OCI to net income in the same period as the related pre-tax amount. Table 25.1: Summary of Other Comprehensive Income Twelve months ended December 31, 2024 2023 2022 (in millions) Before Tax effect Net of Before Tax Net of Before Tax Net of Debt securities: Net unrealized gains (losses) arising during the period $ (1,824) 449 (1,375) 1,136 (278) 858 (14,320) 3,526 (10,794) Reclassification of net (gains) losses to net income 1,437 (354) 1,083 549 (136) 413 391 (97) 294 Net change (387) 95 (292) 1,685 (414) 1,271 (13,929) 3,429 (10,500) Derivatives and hedging activities: Fair Value Hedges: Change in fair value of excluded components on fair value hedges (1) 20 (5) 15 22 (6) 16 87 (21) 66 Cash Flow Hedges: Net unrealized gains (losses) arising during the period on cash flow hedges (1,223) 302 (921) (201) 50 (151) (1,541) 381 (1,160) Reclassification of net (gains) losses to net income 847 (209) 638 724 (178) 546 6 (2) 4 Net change (356) 88 (268) 545 (134) 411 (1,448) 358 (1,090) Defined benefit plans adjustments: Net actuarial and prior service gains (losses) arising during the period 99 (24) 75 (22) 5 (17) (141) 35 (106) Reclassification of amounts to noninterest expense (2) 109 (24) 85 109 (24) 85 343 (83) 260 Net change 208 (48) 160 87 (19) 68 202 (48) 154 Debit valuation adjustments (DVA) and other: Net unrealized gains (losses) arising during the period (40) 9 (31) (38) 9 (29) 73 (15) 58 Reclassification of net (gains) losses to net income — — — — — — — — — Net change (40) 9 (31) (38) 9 (29) 73 (15) 58 Foreign currency translation adjustments: Net unrealized gains (losses) arising during the period (163) (2) (165) 65 (2) 63 (233) (3) (236) Reclassification of net (gains) losses to net income — — — — — — — — — Net change (163) (2) (165) 65 (2) 63 (233) (3) (236) Other comprehensive income (loss) $ (738) 142 (596) 2,344 (560) 1,784 (15,335) 3,721 (11,614) Less: Other comprehensive income from noncontrolling interests, net of tax — 2 2 Wells Fargo other comprehensive income (loss), net of tax $ (596) 1,782 (11,616) (1) Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. (2) These items are included in the computation of net periodic benefit cost. See Note 22 (Employee Benefits) for additional information. Table 25.2 provides the accumulated OCI balance activity on an after-tax basis. Table 25.2: Accumulated OCI Balances (in millions) Debt securities (1) Fair value hedges (2) Cash flow hedges (3) Defined Debit valuation adjustments Foreign Accumulated Balance, December 31, 2021 $ 665 (143) (27) (2,055) — (142) (1,702) Transition adjustment — — — — (44) — (44) Balance, January 1, 2022 665 (143) (27) (2,055) (44) (142) (1,746) Net unrealized gains (losses) arising during the period (10,794) 66 (1,160) (106) 58 (236) (12,172) Amounts reclassified from accumulated other comprehensive income 294 — 4 260 — — 558 Net change (10,500) 66 (1,156) 154 58 (236) (11,614) Less: Other comprehensive loss from noncontrolling interests — — — — — 2 2 Balance, December 31, 2022 (9,835) (77) (1,183) (1,901) 14 (380) (13,362) Net unrealized gains (losses) arising during the period 858 16 (151) (17) (29) 63 740 Amounts reclassified from accumulated other comprehensive income 413 — 546 85 — — 1,044 Net change 1,271 16 395 68 (29) 63 1,784 Less: Other comprehensive loss from noncontrolling interests — — — — — 2 2 Balance, December 31, 2023 (8,564) (61) (788) (1,833) (15) (319) (11,580) Net unrealized gains (losses) arising during the period (1,375) 15 (921) 75 (31) (165) (2,402) Amounts reclassified from accumulated other comprehensive income 1,083 — 638 85 — — 1,806 Net change (292) 15 (283) 160 (31) (165) (596) Less: Other comprehensive income from noncontrolling interests — — — — — — — Balance, December 31, 2024 $ (8,856) (46) (1,071) (1,673) (46) (484) (12,176) (1) At December 31, 2024, 2023, and 2022, accumulated other comprehensive loss includes unamortized after-tax unrealized losses of $3.1 billion, $3.5 billion, and $3.7 billion, respectively, associated with the transfer of securities from AFS to HTM. These amounts are subsequently amortized into earnings over the same period as the related unamortized premiums and discounts. (2) Substantially all of the amounts for fair value hedges are foreign exchange contracts. (3) Substantially all of the amounts for cash flow hedges are interest rate contracts.

Regulatory Capital Requirements

Regulatory Capital Requirements and Other Restrictions	12 Months Ended
	Dec. 31, 2024
Regulatory Capital Requirements and Other Restrictions [Abstract]
Regulatory Capital Requirements and Other Restrictions	Note 26 : Regulatory Capital Requirements and Other Restrictions Regulatory Capital Requirements The Company and each of its subsidiary banks are subject to regulatory capital adequacy requirements promulgated by federal banking regulators. The FRB establishes capital requirements for the consolidated financial holding company, and the Office of the Comptroller of the Currency (OCC) has similar requirements for the Company’s national banks, including Wells Fargo Bank, N.A. (the Bank). Table 26.1 presents regulatory capital information for the Company and the Bank in accordance with Basel III capital requirements. We must calculate our risk-based capital ratios under both the Standardized and Advanced Approaches. The Standardized Approach applies assigned risk weights to broad risk categories, while the calculation of risk-weighted assets (RWAs) under the Advanced Approach differs by requiring applicable banks to utilize a risk-sensitive methodology, which relies upon the use of internal credit models, and includes an operational risk component. Table 26.1: Regulatory Capital Information Wells Fargo & Company Wells Fargo Bank, N.A. Standardized Approach Advanced Approach Standardized Approach Advanced Approach (in millions, except ratios) Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Regulatory capital: Common Equity Tier 1 $ 134,588 140,783 134,588 140,783 145,651 142,108 145,651 142,108 Tier 1 152,866 159,823 152,866 159,823 145,651 142,108 145,651 142,108 Total 184,638 193,061 174,446 182,726 167,936 165,634 158,021 155,560 Assets: Risk-weighted assets 1,216,146 1,231,668 1,085,017 1,114,281 1,113,190 1,137,605 916,135 956,545 Adjusted average assets (1) 1,891,333 1,880,981 1,891,333 1,880,981 1,669,946 1,682,199 1,669,946 1,682,199 Regulatory capital ratios: Common Equity Tier 1 capital 11.07 % * 11.43 12.40 12.63 13.08 * 12.49 15.90 14.86 Tier 1 capital 12.57 * 12.98 14.09 14.34 13.08 * 12.49 15.90 14.86 Total capital 15.18 * 15.67 16.08 16.40 15.09 * 14.56 17.25 16.26 Required minimum capital ratios: Common Equity Tier 1 capital 9.80 8.90 8.50 8.50 7.00 7.00 7.00 7.00 Tier 1 capital 11.30 10.40 10.00 10.00 8.50 8.50 8.50 8.50 Total capital 13.30 12.40 12.00 12.00 10.50 10.50 10.50 10.50 Wells Fargo & Company Wells Fargo Bank, N.A. December 31, 2024 December 31, 2023 December 31, 2024 December 31, 2023 Regulatory leverage: Total leverage exposure (2) $ 2,267,641 2,253,933 2,033,458 2,048,633 Supplementary leverage ratio (2) 6.74 % 7.09 7.16 6.94 Tier 1 leverage ratio (1) 8.08 8.50 8.72 8.45 Required minimum leverage: Supplementary leverage ratio 5.00 5.00 6.00 6.00 Tier 1 leverage ratio 4.00 4.00 4.00 4.00 * Denotes the binding ratio under the Standardized and Advanced Approaches at December 31, 2024. (1) Adjusted average assets consists of total quarterly average assets less goodwill and other permitted Tier 1 capital deductions. The Tier 1 leverage ratio consists of Tier 1 capital divided by total quarterly average assets, excluding goodwill and certain other items as determined under capital rule requirements. (2) The supplementary leverage ratio consists of Tier 1 capital divided by total leverage exposure. Total leverage exposure consists of total consolidated assets adjusted for certain off-balance sheet exposures, goodwill, and other permitted Tier 1 capital deductions. At December 31, 2024, the Common Equity Tier 1 (CET1), Tier 1 and Total capital ratio requirements for the Company included a global systemically important bank (G-SIB) surcharge of 1.50% and a countercyclical buffer of 0.00%. In addition, these ratios included a stress capital buffer of 3.80% under the Standardized Approach and a capital conservation buffer of 2.50% under the Advanced Approach. The Company is required to maintain these risk-based capital ratios and to maintain a supplementary leverage ratio (SLR) that included a supplementary leverage buffer of 2.00% to avoid restrictions on capital distributions and discretionary bonus payments. The CET1, Tier 1 and Total capital ratio requirements for the Bank included a capital conservation buffer of 2.50% under both the Standardized and Advanced Approaches. The G-SIB surcharge and countercyclical buffer are not applicable to the Bank. At December 31, 2024, the Bank and our other insured depository institutions were considered well-capitalized under the requirements of the Federal Deposit Insurance Act. Capital Planning Requirements The FRB’s capital plan rule establishes capital planning and other requirements that govern capital distributions, including dividends and share repurchases, by certain large bank holding companies (BHCs), including Wells Fargo. The FRB conducts an annual Comprehensive Capital Analysis and Review exercise and has also published guidance regarding its supervisory expectations for capital planning, including capital policies regarding the process relating to common stock dividend and repurchase decisions in the FRB’s SR Letter 15-18. The Parent’s ability to make certain capital distributions is subject to the requirements of the capital plan rule and is also subject to the Parent meeting or exceeding certain regulatory capital minimums. Loan and Dividend Restrictions Federal law restricts the amount and the terms of both credit and non-credit transactions between a bank and its nonbank affiliates. These covered transactions may not exceed 10% of the bank’s capital and surplus (which for this purpose represents Tier 1 and Tier 2 capital, as calculated under the risk-based capital rules, plus the balance of the ACL excluded from Tier 2 capital) with any single nonbank affiliate and 20% of the bank’s capital and surplus with all its nonbank affiliates. Covered transactions that are extensions of credit may require collateral to be pledged to provide added security to the bank. Additionally, federal laws and regulations limit, and regulators can impose additional limitations on, the dividends that a national bank may pay. Dividends that may be paid by a national bank without the express approval of the Office of the Comptroller of the Currency (OCC) are generally limited to that bank’s retained net income for the preceding two calendar years plus net income up to the date of any dividend declaration in the current calendar year. Retained net income, as defined by the OCC, consists of net income less dividends declared during the period. Our national bank subsidiaries could have declared additional dividends of $5.8 billion in aggregate at December 31, 2024, without obtaining prior regulatory approval. We have elected to retain higher capital at our national bank subsidiaries to meet internal capital targets and regulatory requirements. Our nonbank subsidiaries are also limited by certain federal and state statutory provisions and regulations covering the amount of dividends that may be paid in any given year. In addition, we have entered into a Support Agreement dated June 28, 2017, as amended and restated on June 26, 2019, among Wells Fargo & Company, the parent holding company (Parent), WFC Holdings, LLC, an intermediate holding company and subsidiary of the Parent (IHC), the Bank, Wells Fargo Securities, LLC, Wells Fargo Clearing Services, LLC, and certain other subsidiaries of the Parent designated from time to time as material entities for resolution planning purposes or identified from time to time as related support entities in our resolution plan, pursuant to which the IHC may be restricted from making dividend payments to the Parent if certain liquidity and/or capital metrics fall below defined triggers or if the Parent’s board of directors authorizes it to file a case under the U.S. Bankruptcy Code. Based on retained earnings at December 31, 2024, our nonbank subsidiaries could have declared additional dividends of $23.9 billion in aggregate at December 31, 2024, without obtaining prior regulatory approval. Cash Restrictions Cash and cash equivalents may be restricted as to usage or withdrawal. Table 26.2 provides a summary of restrictions on cash and cash equivalents . Table 26.2: Nature of Restrictions on Cash and Cash Equivalents (in millions) Dec 31, Dec 31, Reserve balance for non-U.S. central banks $ 188 230 Segregated for benefit of brokerage customers under federal and other brokerage regulations 1,035 986

Parent-Only Financial Statement

Parent-Only Financial Statements	12 Months Ended
	Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]
Parent-Only Financial Statements	Note 27: Parent-Only Financial Statements The following tables present Parent-only condensed financial statements. Table 27.1: Parent-Only Statement of Income Year ended December 31, (in millions) 2024 2023 2022 Income Dividends from subsidiaries $ 18,600 22,300 14,590 Interest income from subsidiaries 11,199 10,845 4,759 Other income 527 217 (51) Total income 30,326 33,362 19,298 Expense Interest expense: Indebtedness to nonbank subsidiaries 2,291 2,567 1,124 Long-term debt 11,033 9,909 4,994 Noninterest expense 1,151 504 2,043 Total expense 14,475 12,980 8,161 Income before income tax benefit and equity in undistributed income of subsidiaries 15,851 20,382 11,137 Income tax benefit (1,747) (1,076) (1,497) Equity in undistributed income of subsidiaries 2,124 (2,316) 1,043 Net income $ 19,722 19,142 13,677 Other comprehensive income (loss) (1) (596) 1,782 (11,616) Total comprehensive income $ 19,126 20,924 2,061 (1) Includes other comprehensive income (loss) of subsidiaries, particularly related to debt securities. Table 27.2: Parent-Only Balance Sheet (in millions) Dec 31, Dec 31, Assets Cash, cash equivalents, and restricted cash due from subsidiary banks $ 20,991 15,856 Loans to nonbank subsidiaries 185,269 187,306 Investments in subsidiaries (1) 162,913 161,698 Other 10,331 11,327 Total assets $ 379,504 376,187 Liabilities and equity Accrued expenses and other liabilities $ 8,380 8,933 Long-term debt 146,851 148,053 Indebtedness to nonbank subsidiaries 45,153 33,466 Total liabilities 200,384 190,452 Stockholders’ equity 179,120 185,735 Total liabilities and equity $ 379,504 376,187 (1) Includes indirect ownership of bank subsidiaries with equity of $169.6 billion and $166.3 billion at December 31, 2024 and 2023, respectively. Table 27.3: Parent-Only Statement of Cash Flows Year ended December 31, (in millions) 2024 2023 2022 Cash flows from operating activities: Net cash provided (used) by operating activities $ 18,308 25,972 (4,575) Cash flows from investing activities: Loans: Capital notes and term loans made to subsidiaries (3,904) (5,420) (3,567) Principal collected on notes/loans made to subsidiaries 4,510 1,730 4,062 Other, net 1 40 (268) Net cash provided (used) by investing activities 607 (3,650) 227 Cash flows from financing activities: Net increase (decrease) in short-term borrowings and indebtedness to subsidiaries 11,687 (14,238) 8,153 Long-term debt: Proceeds from issuance 17,518 19,070 26,520 Repayment (15,684) (9,311) (17,618) Preferred stock: Proceeds from issuance 1,997 1,722 — Redeemed (2,840) (1,725) — Cash dividends paid (1,099) (1,141) (1,115) Common stock: Repurchased (19,448) (11,851) (6,033) Cash dividends paid (5,133) (4,789) (4,178) Other, net (778) (374) (344) Net cash provided (used) by financing activities (13,780) (22,637) 5,385 Net change in cash, cash equivalents, and restricted cash 5,135 (315) 1,037 Cash, cash equivalents, and restricted cash at beginning of period 15,856 16,171 15,134 Cash, cash equivalents, and restricted cash at end of period $ 20,991 15,856 16,171

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net income (loss)	$ 19,722	$ 19,142	$ 13,677

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	The Company has processes designed to prevent, detect, mitigate, escalate, and remediate cybersecurity incidents, including monitoring of the Company’s networks for actual or potential attacks or breaches. The Company’s incident response program includes notification, escalation, and remediation protocols for cybersecurity incidents, including to our Head of Technology and CISO as appropriate. In addition, to help monitor and assess our exposure to ongoing and evolving risks in these areas, the Company has a cyber and information security focused risk committee led by the CISO and a technology risk committee led by the Head of Technology. Additional components of the Company’s information security program include: (i) enhancing and strengthening of our practices, policies, and procedures in response to the evolving information security landscape; (ii) designing our information security program to align with regulatory and industry standards; (iii) investing in emerging technologies to proactively monitor new vulnerabilities and reduce risk; (iv) conducting periodic internal and third-party assessments to test our information security systems and controls; (v) leveraging third-party specialists and advisors to review and strengthen our information security program; (vi) evaluating and updating our incident response planning and protocols; and (vii) requiring employees and third-party service providers who have access to our systems to complete annual information security training modules designed to provide guidance for identifying and avoiding information security risks. In addition, Operational Risk Management oversees the Company’s third-party risk management program, which, among other things, is designed to identify and address information security risks arising from third-party service providers. Components of this program include incorporating information security and cybersecurity incident notification requirements into contracts with third-party service providers, requiring third parties to adhere to defined information security and control standards, and performing periodic third-party risk assessments. Wells Fargo and other financial institutions, as well as our third-party service providers, continue to be the target of various evolving and adaptive information security threats, including cyberattacks, malware, ransomware, other malicious software intended to exploit hardware or software vulnerabilities, phishing, credential validation, and distributed denial-of-service, in an effort to disrupt the operations of financial institutions, test their cybersecurity capabilities, commit fraud, or obtain confidential, proprietary or other information. Cyberattacks have also focused on targeting online applications and services, such as online banking, as well as cloud-based and other products and services provided by third parties, and have targeted the infrastructure of the internet causing the widespread unavailability of websites and degrading website performance. As a result, information security and the continued development and enhancement of our controls, processes and systems designed to protect our networks, computers, software and data from attack, damage or unauthorized access remain a priority for Wells Fargo. Wells Fargo is also involved in industry cybersecurity efforts and working with other parties, including our third-party service providers and governmental agencies, to continue to enhance defenses and improve resiliency to information security threats. See the “Risk Factors” section in this Report for additional information regarding the risks and potential impacts associated with a failure or breach of our operational or security systems or infrastructure, including as a result of cyberattacks or other information security incidents.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Information security risk, which includes cybersecurity risk, is a significant operational risk for financial institutions such as Wells Fargo and includes the risk arising from unauthorized access, use, disclosure, disruption, modification, or destruction of information or information systems.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Information security risk, which includes cybersecurity risk, is a significant operational risk for financial institutions such as Wells Fargo and includes the risk arising from unauthorized access, use, disclosure, disruption, modification, or destruction of information or information systems. The Board’s Risk Committee has primary oversight responsibility for information security risk and approves the Company’s information security program, which includes information protection and cyber resiliency. The Risk Committee receives regular reports from the Company’s Head of Technology and Chief Information Security Officer (CISO), as well as from Operational Risk Management representatives, on information security risks and significant information security developments, including certain incidents involving third parties. As described above, at the management level, Operational Risk Management has oversight responsibility for information security risk. As a second line of defense, Operational Risk Management reviews and provides guidance to the Front Line technology team, including with respect to the development and maintenance of risk management policies, governance documents, processes, and controls, and oversees and challenges the Front Line technology team’s risk assessment activities. The Company’s cybersecurity team, which is part of the broader technology team, provides Front Line information security risk assessment and management and is responsible for protecting the Company’s information systems, networks, and data, including customer and employee data, through the design, execution, and oversight of our information security program. The technology team is led by the Company’s Head of Technology, who reports to the CEO and leads our efforts to manage information security and related risks across the enterprise, including overseeing the Company’s CISO. Our Head of Technology has over 30 years of technology and information security risk management experience in the financial services industry.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Board’s Risk Committee has primary oversight responsibility for information security risk and approves the Company’s information security program, which includes information protection and cyber resiliency.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Risk Committee receives regular reports from the Company’s Head of Technology and Chief Information Security Officer (CISO), as well as from Operational Risk Management representatives, on information security risks and significant information security developments, including certain incidents involving third parties.
Cybersecurity Risk Role of Management [Text Block]	As described above, at the management level, Operational Risk Management has oversight responsibility for information security risk. As a second line of defense, Operational Risk Management reviews and provides guidance to the Front Line technology team, including with respect to the development and maintenance of risk management policies, governance documents, processes, and controls, and oversees and challenges the Front Line technology team’s risk assessment activities. The Company’s cybersecurity team, which is part of the broader technology team, provides Front Line information security risk assessment and management and is responsible for protecting the Company’s information systems, networks, and data, including customer and employee data, through the design, execution, and oversight of our information security program. The technology team is led by the Company’s Head of Technology, who reports to the CEO and leads our efforts to manage information security and related risks across the enterprise, including overseeing the Company’s CISO. Our Head of Technology has over 30 years of technology and information security risk management experience in the financial services industry.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	As described above, at the management level, Operational Risk Management has oversight responsibility for information security risk. As a second line of defense, Operational Risk Management reviews and provides guidance to the Front Line technology team, including with respect to the development and maintenance of risk management policies, governance documents, processes, and controls, and oversees and challenges the Front Line technology team’s risk assessment activities. The Company’s cybersecurity team, which is part of the broader technology team, provides Front Line information security risk assessment and management and is responsible for protecting the Company’s information systems, networks, and data, including customer and employee data, through the design, execution, and oversight of our information security program.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our Head of Technology has over 30 years of technology and information security risk management experience in the financial services industry.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	As described above, at the management level, Operational Risk Management has oversight responsibility for information security risk. As a second line of defense, Operational Risk Management reviews and provides guidance to the Front Line technology team, including with respect to the development and maintenance of risk management policies, governance documents, processes, and controls, and oversees and challenges the Front Line technology team’s risk assessment activities.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Line Items]
Business Description and Basis of Presentation	Wells Fargo & Company is a leading financial services company. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, to individuals, businesses and institutions throughout the U.S., and in countries outside the U.S. When we refer to “Wells Fargo,” “the Company,” “we,” “our” or “us,” we mean Wells Fargo & Company and Subsidiaries (consolidated). Wells Fargo & Company (the Parent) is a financial holding company and a bank holding company.
Use of Estimates	To prepare the financial statements in conformity with GAAP, management must make estimates based on assumptions about future economic and market conditions (for example, unemployment, market liquidity, real estate prices, etc.) that affect the reported amounts of assets and liabilities at the date of the financial statements, income and expenses during the reporting period and the related disclosures. Although our estimates contemplate current conditions and how we expect them to change in the future, it is reasonably possible that actual conditions could be worse than anticipated in those estimates, which could materially affect our results of operations and financial condition. Management has made significant estimates in several areas, including: • allowance for credit losses (Note 5 (Loans and Related Allowance for Credit Losses) and Note 3 (Available-for-Sale and Held-to-Maturity Debt Securities)); • fair value measurements (Note 6 (Mortgage Banking Activities) and Note 15 (Fair Value Measurements)); • liability for legal actions (Note 13 (Legal Actions)); • income taxes; and • goodwill impairment (Note 7 (Intangible Assets and Other Assets)). Actual results could differ from those estimates.
Accounting Standards Adopted in 2024	Accounting Standards Adopted in 2024 In 2024, we adopted the following new accounting guidance: • Accounting Standards Update (ASU) 2023-02, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method • ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions • ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures
Consolidation	Consolidation Our consolidated financial statements include the accounts of the Parent and our subsidiaries in which we have a controlling financial interest. When our consolidated subsidiaries follow specialized industry accounting, that accounting is retained in consolidation. Significant intercompany accounts and transactions are eliminated in consolidation. We are also a variable interest holder in certain entities in which equity investors do not have the characteristics of a controlling financial interest or where the entity does not have enough equity at risk to finance its activities without additional subordinated financial support from other parties (collectively referred to as variable interest entities (VIEs)). Our variable interest arises from contractual, ownership or other monetary interests in the entity, which change with fluctuations in the fair value of the entity’s net assets. We consolidate a VIE if we are the primary beneficiary, which is when we have both the power to direct the activities that most significantly impact the VIE and a variable interest that could potentially be significant to the VIE. To determine whether or not a variable interest we hold could potentially be significant to the VIE, we consider both qualitative and quantitative factors regarding the nature, size and form of our involvement with the VIE. We assess whether or not we are the primary beneficiary of a VIE on an ongoing basis. When we have significant influence over operating and financing decisions for a company but do not own a majority of the voting equity interests, we account for the investment using the equity method of accounting, which requires us to recognize our proportionate share of the company’s earnings. If we do not have significant influence, we account for the equity security under the fair value method, cost meth od or measurement alternative. Noncontrolling interests represent the portion of net income and equity attributable to third-party owners of consolida ted subsidiaries that are not wholly-owned by Wells Fargo. Substantially all of our noncontrolling interests relate to our affiliated venture capital businesses.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash Cash, cash equivalents, and restricted cash are included in cash and due from banks and interest-earning deposits from banks on our consolidated balance sheet. Amounts include cash on hand, cash items in transit, and amounts due from or held with other depository institutions. See Note 26 (Regulatory Capital Requirements and Other Restrictions) for additional information on the restrictions on cash and cash equivalents.
Collateralized Financing Agreements	Collateralized Financing Agreements Resale and repurchase agreements, as well as securities borrowing and lending agreements, are accounted for as collateralized financing transactions and are recorded at the acquisition or sale price plus accrued interest. We monitor the fair value of securities or other assets purchased and sold as well as the collateral pledged and received. Additional collateral is pledged or returned to maintain the appropriate collateral position for the transactions. These financing transactions do not create material credit risk given the collateral provided and the related monitoring process. We include securities purchased under securities financing agreements in federal funds sold and securities purchased under resale agreements on our consolidated balance sheet. We include collateral other than securities purchased under resale agreements in loans on our consolidated balance sheet. We include securities sold under securities financing agreements in short-term borrowings on our consolidated balance sheet. At December 31, 2024 and 2023, short-term borrowings were predominantly federal funds purchased and securities sold under agreements to repurchase. Assets and liabilities arising from collateralized financing transactions with a single counterparty are presented net on the balance sheet provided they meet certain criteria that permit balance sheet netting. See Note 18 (Securities Financing Activities) for additional information on our offsetting policy for collateralized financing transactions with securities collateral.
Loans Held for Sale	Loans Held for Sale Loans held for sale (LHFS) generally includes originated or purchased commercial and residential mortgage loans for sale in the securitization or whole loan market. Residential mortgage LHFS are accounted for at either fair value or the l ower of cost or fair value (LOCOM) and may be measured on an individual or pool level basis. Commercial LHFS are generally accounted for at LOCOM, except for certain commercial LHFS in our trading business that are used in market-making activities where we have elected the fair value option. Commercial LHFS are generally measured on an individual basis. See Note 15 (Fair Value Measurements) for additional information regarding LHFS fair value measurements. As LHFS are measured at fair value or LOCOM, these loans do not have an allowance for loan losses and are not subject to our loan charge off policies. Gains and losses on residential and commercial mortgage LHFS are generally recorded in mortgage banking noninterest income. Gains and losses on trading LHFS are recognized in net gains from trading activities. Gains and losses on other LHFS are recognized in other noninterest income. Direct loan origination costs and fees for LHFS under the fair value option are recognized in earnings at origination. For LHFS recorded at LOCOM, direct loan origination costs and fees are deferred at origination and are recognized in earnings at time of sale. Interest income on LHFS is calculated based upon the note rate of the loan and is recorded in interest income. Interest rate lock commitments to originate mortgage LHFS are accounted for as derivatives and are measured at fair value. When a determination is made at the time of commitment to originate loans as held for investment, it is our intent to hold these loans to maturity or for the foreseeable future, subject to periodic review under our management evaluation processes, including corporate asset/liability management. If subsequent changes occur, including changes in interest rates, our business strategy, or other market conditions, we may change our intent to hold these loans. When management makes this determination, we immediately transfer these loans to the LHFS portfolio at LOCOM.
Loans	Loans Loans are reported at amortized cost, reflecting their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans and unamortized premiums or discounts on purchased loans. Unearned income, deferred fees and costs, and discounts and premiums are amortized to interest income generally over the contractual life of the loan using the effective interest method. Loan commitment fees collected at closing are deferred and amortized to noninterest income on a straight-line basis over the commitment period if loan funding is unlikely. Upon funding, deferred loan commitment fees are amortized to interest income over the contractual life of the loan. Loans also include financing leases where we are the lessor (see the “Leasing Activity” section in this Note for our accounting policy for leases) and resale agreements involving collateral other than securities (see “Securities and Other Collateralized Financing Agreements” section in this Note for our accounting policy for other collateralized financing agreements). See Note 5 (Loans and Related Allowance for Credit Losses) for additional information regarding our accounting for loans. NONACCRUAL AND PAST DUE LOANS. We generally place loans on nonaccrual status when: • the full and timely collection of interest or principal becomes uncertain (generally based on an assessment of the borrower’s financial condition and the adequacy of collateral, if any), such as in bankruptcy or other circumstances; • they are 90 days (120 days with respect to residential mortgage loans) past due for interest or principal, unless the loan is both well-secured and in the process of collection; • part of the principal balance has been charged off; or • for junior lien mortgage loans, we have evidence that the related first lien mortgage may be 120 days past due or in the process of foreclosure regardless of the junior lien delinquency status. Credit card loans are not placed on nonaccrual status, but are generally fully charged off when the loan reaches 180 days past due. When we place a loan on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and suspend amortization of any net deferred fees. If the ultimate collectability of the recorded loan balance is in doubt on a nonaccrual loan, the cost recovery method is used and cash collected is applied to first reduce the carrying value of the loan to zero and then as a recovery of prior charge-offs. Otherwise, interest income may be recognized to the extent cash is received. Generally, we return a loan to accrual status when all delinquent interest and principal become current under the terms of the loan agreement and collectability of remaining principal and interest is no longer doubtful. We may re-underwrite modified loans at the time of a restructuring to determine if there is sufficient evidence of sustained repayment capacity based on the borrower’s financial strength, including documented income, debt to income ratios and other factors. If the borrower has demonstrated performance under the previous terms and the underwriting process shows the capacity to continue to perform under the restructured terms, the loan will generally remain in accruing status. Loans will be placed on nonaccrual status and we may record a charge-off if the re-underwriting did not include an evaluation of the borrower’s ability to repay or we believe it is probable that principal and interest contractually due under the modified terms of the agreement will not be collectible. Modified loans that are placed on nonaccrual status will generally return to accrual status when repayment of principal and interest is reasonably assured and the borrower has demonstrated a sustained period of performance (generally six consecutive months of payments, or equivalent, inclusive of payments made prior to a modification, if applicable). Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates. LOAN CHARGE-OFF POLICIES. For commercial loans, we generally fully charge off or charge down to net realizable value (fair value of collateral, less estimated costs to sell) for loans secured by collateral when: • management judges the loan to be uncollectible; • repayment is deemed to be protracted beyond reasonable time frames; • the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; • the customer has filed bankruptcy and the loss becomes evident owing to a lack of assets; • the loan is 180 days past due unless both well-secured and in the process of collection; or • the loan is probable of foreclosure, and we have received an appraisal of less than the recorded loan balance. For consumer loans, we fully charge off or charge down to net realizable value when deemed uncollectible due to bankruptcy or other factors, or no later than reaching a defined number of days past due, as follows: • Residential mortgage loans – We generally charge down to net realizable value when the loan is 180 days past due and fully charge-off when the loan exceeds extended delinquency dates. • Auto loans – We generally fully charge off when the loan is 120 days past due. • Credit card loans – We generally fully charge off when the loan is 180 days past due. • Unsecured loans – We generally fully charge off when the loan is 120 days past due. • Unsecured lines – We generally fully charge off when the loan is 180 days past due. • Other secured loans – We generally fully or partially charge down to net realizable value when the loan is 120 days past due. FORECLOSED ASSETS. Foreclosed assets obtained through our lending activities primarily include real estate and are included in other assets. Generally, loans have been written down to their net realizable value prior to foreclosure. Any further reduction to their net realizable value is recorded with a charge to the ACL at foreclosure. We allow up to 90 days after foreclosure to finalize determination of net realizable value. Thereafter, changes in net realizable value are recorded to noninterest expense. The net realizable value of these assets is reviewed and updated periodically depending on the type of property. Certain government-guaranteed mortgage loans upon foreclosure are included in accounts receivable in other assets. These receivables were loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) and are measured based on the balance expected to be recovered from the FHA or VA. PURCHASED CREDIT DETERIORATED LOANS. Loans acquired that are of poor credit quality and with more than an insignificant evidence of credit deterioration since their origination or issuance are purchased credit deteriorated (PCD) loans. PCD loans are recorded at their purchase price plus an ACL estimated at the time of acquisition. Under this approach, there is no provision for credit losses recognized at acquisition; rather, there is a gross-up of the purchase price of the loan for the estimate of expected credit losses and a corresponding ACL recorded. Changes in estimates of expected credit losses after acquisition are recognized as provision for credit losses in subsequent periods. In general, interest income recognition for PCD loans is consistent with interest income recognition for similar non-PCD loans.
Allowance for Credit Losses	Allowance for Credit Losses The ACL is management’s estimate of the current expected life-time credit losses in the loan portfolio and unfunded credit commitments, at the balance sheet date, excluding loans and unfunded credit commitments carried at fair value or held for sale. Additionally, we maintain an ACL for AFS and HTM debt securities, other financing receivables measured at amortized cost, and other off-balance sheet credit exposures. While we attribute portions of the allowance to specific financial asset classes (loan and debt security portfolios), loan portfolio segments (commercial and consumer) or major security type, the entire ACL is available to absorb credit losses of the Company. Our ACL process involves procedures to appropriately consider the unique risk characteristics of our financial asset classes, portfolio segments, and major security types. For each loan portfolio segment and each major HTM debt security type, losses are estimated collectively for groups of loans or securities with similar risk characteristics. For loans and securities that do not share similar risk characteristics with other financial assets, the losses are estimated individually, which generally includes our nonperforming large commercial loans and non-accruing HTM debt securities. For AFS debt securities, losses are estimated at the individual security level. Our ACL amounts are influenced by a variety of factors, including changes in loan and debt security volumes, portfolio credit quality, and general economic conditions. General economic conditions are forecasted using economic variables which will create volatility as those variables change over time. See Table 1.2 for key economic variables used for our loan portfolios. Table 1.2: Key Economic Variables Loan Portfolio Key economic variables Total commercial • Gross domestic product • Commercial real estate asset prices, where applicable • Unemployment rate Residential mortgage • Home price index • Unemployment rate Other consumer (including credit card, auto, and other consumer) • Unemployment rate Our approach for estimating expected life-time credit losses for loans and debt securities includes the following key components: • An initial loss forecast period of two years for all portfolio segments and classes of financing receivables and off-balance-sheet credit exposures. This period reflects management’s expectation of losses based on forward-looking economic scenarios over that time. We forecast multiple economic scenarios that generally include a base scenario with an optimistic (upside) and one or more pessimistic (downside) scenarios, which are weighted by management to estimate future credit losses. • Long-term average loss expectations estimated by reverting to the long-term average, on a linear basis, for each of the economic variables forecasted during the initial loss forecast period. These long-term averages are based on observations over multiple economic cycles. The reversion period, which may be up to two years, is assessed on a quarterly basis. • The remaining contractual term of a loan is adjusted for expected prepayments and certain expected extensions, renewals, or modifications. We extend the contractual term when we are not able to unconditionally cancel contractual renewals or extension options. Credit card loans have indeterminate maturities, which requires that we determine a contractual life by estimating the application of future payments to the outstanding loan amount. • For AFS debt securities and certain beneficial interests classified as HTM, we utilize DCF methods to measure the ACL, which incorporate expected credit losses using the conceptual components described above. For most HTM debt securities, the ACL is measured using an expected loss model, similar to the methodology used for loans. The ACL for financial assets held at amortized cost is a valuation account that is deducted from, or added to, the amortized cost basis of the financial assets to present the net amount expected to be collected. When credit expectations change, the valuation account is adjusted with changes reported in provision for credit losses. If amounts previously charged off are subsequently expected to be collected, we may recognize a negative allowance, which is limited to the amount that was previously charged off. F or financial assets with an ACL estimated using DCF methods, changes in the ACL due to the passage of time are recorded in interest income. The ACL for AFS debt securities reflects the amount of unrealized loss related to expected credit losses, limited by the amount that fair value is less than the amortized cost basis (fair value floor) and cannot have an associated negative allowance. For certain financial assets, such as residential real estate loans guaranteed by the Government National Mortgage Association (GNMA), an agency of the federal government, U. S. Treasury and Agency mortgage-backed debt securities and certain sovereign debt securities, the Company has not recognized an ACL as our expectation of loss is zero, based on historical losses and consideration of current and forecasted conditions. For financial assets that are collateral-dependent, we use the fair value of the collateral to measure the ACL. If we intend to sell the underlying collateral, we will measure the ACL based on the collateral’s net realizable value. In most situations, based on our charge-off policies, we will immediately write-down the financial asset to the fair value of the collateral or net realizable value. For consumer loans, collateral-dependent financial assets may have collateral in the form of residential real estate, autos or other personal assets. For commercial loans, collateral-dependent financial assets may have collateral in the form of commercial real estate or other business assets. We do not generally record an ACL for accrued interest receivables because uncollectible accrued interest is reversed through interest income in a timely manner in line with our non-accrual and past due policies for loans and debt securities. For consumer credit card and certain consumer lines of credit, we include an ACL for accrued interest and fees since these loans are neither placed on nonaccrual status nor written off until the loan is 180 days past due. Accrued interest receivables are included in other assets, except for certain revolving loans, such as credit card loans. COMMERCIAL LOAN PORTFOLIO SEGMENT ACL METHODOLOGY. Generally, commercial loans, which include net investments in lease financing, are assessed for estimated losses by grading each loan using various risk factors as identified through periodic reviews. Our estimation approach for the commercial portfolio reflects the estimated probability of default in accordance with the borrower’s financial strength and the severity of loss in the event of default, considering the quality of any underlying collateral. Probability of default, loss severity at the time of default, and exposure at default are statistically derived through historical observations of default and losses after default within each credit risk rating. These estimates are adjusted as appropriate for risks identified from current and forecasted economic conditions and credit quality trends. Unfunded credit commitments are evaluated based on a conversion factor to derive a funded loan equivalent amount. The estimated probability of default and loss severity at the time of default are applied to the funded loan equivalent amount to estimate losses for unfunded credit commitments. CONSUMER LOAN PORTFOLIO SEGMENT ACL METHODOLOGY. For consumer loans, we determine the allowance using a pooled approach based on the individual risk characteristics of the loans within those pools. Quantitative modeling methodologies that estimate probability of default, loss severity at the time of default and exposure at default are typically leveraged to estimate expected loss. These methodologies pool loans, generally by product types with similar risk characteristics, such as residential real estate mortgages, auto loans and credit cards. As appropriate and to achieve greater accuracy, we may further stratify selected portfolios by sub-product, risk pool, loss type, geographic location and other predictive characteristics. We use attributes such as delinquency status, Fair Isaac Corporation (FICO) scores, and loan-to-value ratios (where applicable) in the development of our consumer loan models, in addition to home price trends, unemployment trends, and other economic variables that may influence the frequency and severity of losses in the consumer portfolio. OTHER QUALITATIVE FACTORS. The ACL includes amounts for qualitative factors which may not be adequately reflected in our loss models. These amounts represent management’s judgment of risks related to the processes and assumptions used in establishing the ACL. Generally, these amounts are established at a granular level below our loan portfolio segments. We also consider economic environmental factors, modeling assumptions and performance, process risk, and other subjective factors, including industry trends and emerging risk assessments. OFF-BALANCE SHEET CREDIT EXPOSURES. Our off-balance sheet credit exposures include unfunded loan commitments (generally in the form of revolving lines of credit), financial guarantees not accounted for as insurance contracts or derivatives, including standby letters of credit, and other similar instruments. For off-balance sheet credit exposures, we recognize an ACL associated with the unfunded amounts. We do not recognize an ACL for commitments that are unconditionally cancelable at our discretion. Additionally, we recognize an ACL for financial guarantees that create off-balance sheet credit exposure, such as loans sold with credit recourse and factoring guarantees. ACL for off-balance sheet credit exposures are reported as a liability in accrued expenses and other liabilities on our consolidated balance sheet. OTHER FINANCIAL ASSETS. Other financial assets are evaluated for expected credit losses. These other financial assets include accounts receivable for fees, receivables from government-sponsored enterprises, such as Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC), and GNMA, and other accounts receivables from high-credit quality counterparties, such as central clearing counterparties. Many of these financial assets are generally not expected to have an ACL as there is a zero loss expectation (e.g., government guarantee) based on no historical credit losses and consideration of current and forecasted conditions. Some financial assets, such as loans to employees, maintain an ACL that is presented on a net basis with the related amortized cost amounts in other assets on our consolidated balance sheet. A provision for credit losses is not recognized separately from the regular income or expense associated with these financial assets. Securities purchased under resale agreements are generally over-collateralized by securities or cash and short-term in nature. We have elected the practical expedient for these financial assets given collateral maintenance provisions. These provisions require that we monitor the collateral value and customers are required to replenish collateral, if needed. Accordingly, we generally do not maintain an ACL for these financial assets. See Note 5 (Loans and Related Allowance for Credit Losses) for additional information.
Leasing Activity, As Lessor	Leasing Activity AS LESSOR. We lease equipment to our customers under financing or operating leases. Financing leases, which includes both direct financing and sales-type leases, are presented in loans and are recorded at the discounted amounts of lease payments receivable plus the estimated residual value of the leased asset. Leveraged leases, which are a form of financing leases, are reduced by related non-recourse debt from third-party investors. Lease payments receivable reflect contractual lease payments adjusted for renewal or termination options that we believe the customer is reasonably certain to exercise. The residual value reflects our best estimate of the expected sales price for the equipment at lease termination based on sales history adjusted for recent trends in the expected exit markets. Many of our leases allow the customer to extend the lease at prevailing market terms or purchase the asset for fair value at lease termination. Our allowance for loan losses for financing leases considers both the collectability of the lease payments receivable as well as the estimated residual value of the leased asset. We typically purchase residual value insurance on our financing leases to reduce the risk of loss at lease termination. In connection with a lease, we m ay finance the customer’s purchase of other products or services from the equipment vendor and allocate the contract consideration between the use of the asset and the purchase of those products or services. Amounts allocated are reported in loans as commercial and industrial loans, rather than as lease financing. Our primary income from financing leases is interest income recognized using the effective interest method. Variable lease revenue, such as reimbursement for property taxes, are included in lease income within noninterest income. Operating lease assets are presented in other assets, net of accumulated depreciation. Periodic depreciation expense is recorded on a straight-line basis over the estimated useful life of the leased asset and are included in other noninterest expense. Operating lease assets are reviewed periodically for impairment and an impairment loss is recognized if the carrying amount of operating lease assets exceeds fair value and is not recoverable. Recoverability is evaluated by comparing the carrying amount of the leased assets to undiscounted cash flows expected through the operation or sale of the asset. Impairment charges for operating lease assets are included in other noninterest income. Operating lease rental income for leased assets is recognized in lease income within noninterest income on a straight-line basis over the lease term. Variable revenue on operating leases include reimbursements of costs, including property taxes, which fluctuate over time, as well as rental revenue based on usage. For leases of railcars, revenue for maintenance services provided under the lease is recognized in lease income. We elected to exclude from revenue and expenses any sales tax incurred on lease payments which are reimbursed by the lessee. Substantially all of our leased assets are protected against casualty loss through third-party insurance.
Leasing Activity, As Lessee	AS LESSEE. We enter into lease agreements to obtain the right to use assets for our business operations, which includes real estate such as office space and branches. Lease liabilities and right-of-use (ROU) assets are recognized when we enter into operating or financing leases and represent our obligations and rights to use these assets over the period of the leases and may be re-measured for certain modifications. Operating lease liabilities include fixed and in-substance fixed payments for the contractual duration of the lease, adjusted for renewals or terminations which were considered probable of exercise when measured. The lease payments are discounted using a rate that approximates a collateralized borrowing rate for the estimated duration of the lease as the implicit discount rate is typically not known. The discount rate is updated when re-measurement events occur. The related operating lease ROU assets may differ from operating lease liabilities due to initial direct costs, deferred or prepaid lease payments and lease incentives. We present operating lease liabilities in accrued expenses and other liabilities and the related operating lease ROU assets in other assets. The amortization of operating lease ROU assets and the accretion of operating lease liabilities are reported together as fixed lease expense and are included in occupancy expense within noninterest expense. The fixed lease expense is recognized on a straight-line basis over the life of the lease. Some operating leases include variable lease payments and are recognized as incurred in net occupancy expense within noninterest expense. We account for maintenance or other services incurred under our leases as lease payments. We exclude certain asset classes, with original terms of less than one year from the operating lease ROU assets and lease liabilities. The related short-term lease expense is included in net occupancy expense. Finance lease liabilities are presented in long-term debt and the associated finance ROU assets are presented in premises and equipment. See Note 8 (Leasing Activity) for additional information.
Deposits, Short-term Borrowings and Long-term Debt	Deposits, Short-term Borrowings, and Long-term Debt Customer deposits, short-term borrowings, and long-term debt are carried at amortized cost, unless we have elected the fair value option. For example, we elect the fair value option for certain structured debt liabilities. We generally report borrowings with original maturities of one year or less as short-term borrowings and borrowings with original maturities of greater than one year as long-term debt on our consolidated balance sheet. We do not reclassify long-term debt to short-term borrowings within a year of maturity. Refer to Note 9 (Deposits) for further information on deposits, Note 10 (Long-Term Debt) for further information on long-term debt, and Note 15 (Fair Value Measurements) for additional information on fair value, including fair value option elections.
Securitizations and Beneficial Interests	Securitizations and Beneficial Interests Securitizations are transactions in which financial assets are sold to a Special Purpose Entity (SPE), which then issues beneficial interests collateralized by the transferred financial assets. Beneficial interests are generally issued in the form of senior and subordinated interests, and in some cases, we may obtain beneficial interests issued by the SPE. Additionally, from time to time, we may re-securitize certain financial assets in a new securitization transaction. The assets and liabilities transferred to a SPE are excluded from our consolidated balance sheet if the transfer qualifies as a sale and we are not required to consolidate the SPE. For transfers of financial assets recorded as sales, we recognize and initially measure at fair value all assets obtained (including beneficial interests or mortgage servicing rights) and all liabilities incurred. We record a gain or loss in noninterest income for the difference between assets obtained (net of liabilities incurred) and the carrying amount of the assets sold. Beneficial interests obtained from, and liabilities incurred in, securitizations with off-balance sheet entities may include debt and equity securities, loans, MSRs, derivative assets and liabilities, other assets, and other obligations such as liabilities for mortgage repurchase losses or long-term debt and are accounted for as described within this Note. See Note 16 (Securitizations and Variable Interest Entities) for additional information about our involvement with SPEs.
Mortgage Servicing Rights	Mortgage Servicing Rights We recognize mortgage servicing rights (MSRs) resulting from a sale or securitization of mortgage loans that we originate or through a direct purchase of such rights. Our residential MSRs are accounted for at fair value, with changes in fair value reported in mortgage banking income in the period in which the change occurs. Commercial MSRs are initially recorded at fair value and are subsequently measured at LOCOM and amortized in proportion to, and over the period of, estimated net servicing income. The amortization of MSRs is reported in mortgage banking noninterest income, analyzed monthly and adjusted to reflect changes in prepayment rates, as well as other factors. Commercial MSRs are periodically evaluated for impairment based on the fair value of those assets. For purposes of impairment evaluation, we stratify MSRs based on the predominant risk characteristics of the underlying loans, including investor and product type. If, by individual stratum, the carrying amount of these MSRs exceeds fair value, a valuation allowance is established. The valuation and sensitivity of MSRs is discussed further in Note 6 (Mortgage Banking Activities), Note 15 (Fair Value Measurements) and Note 16 (Securitizations and Variable Interest Entities).
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation and amortization. We use the straight-line method of depreciation and amortization. Depreciation and amortization expense for premises and equipment was $1.4 billion in 2024, $1.3 billion in 2023, and $1.2 billion in 2022. Estimated useful lives range up to 40 years for buildings and improvements, up to 10 years for furniture and equipment, and the shorter of the estimated useful life (up to 8 years) or the lease term for leasehold improvements.
Goodwill and Intangible Assets	Goodwill and Intangible Assets GOODWILL. Goodwill is recorded for business combinations when the purchase price is higher than the fair value of the acquired net assets, including identifiable intangible assets. We assess goodwill for impairment at a reporting unit level on an annual basis or more frequently in certain circumstances. We have determined that our rep orting units are at the reportable operating segment level or one level below. We identify the reporting units based on how the segments and reporting units are managed, taking into consideration the economic characteristics, nature of the products and services, and customers of the segments and reporting units. We allocate goodwill to applicable reporting units at the time we acquire a business and we may reallocate goodwill when we have a significant business reorganization. If we sell a business, a portion of goodwill is included with the carrying amount of the divested business. We have the option of performing a qualitative assessment of goodwill. We may also elect to bypass the qualitative test and proceed directly to a quantitative test. If we perform a qualitative assessment of goodwill to test for impairment and conclude it is more likely than not that a reporting unit’s fair value is greater than its carrying amount, quantitative tests are not required. However, if we determine it is more likely than not that a reporting unit’s fair value is less than its carrying amount, we complete a quantitative assessment to determine if there is goodwill impairment. We apply various quantitative valuation methodologies, including discounted cash flow and earnings multiple approaches, to determine the estimated fair value, which is compared with the carrying value of each reporting unit. A goodwill impairment loss is recognized if the fair value is less than the carrying amount, including goodwill. The goodwill impairment loss is limited to the amount of goodwill allocated to the reporting unit. We recognize impairment losses as a charge to other noninterest expense and a reduction to the carrying value of goodwill. Subsequent reversals of goodwill impairment are prohibited. OTHER INTANGIBLES. We amortize customer relationship intangible assets on an accelerated basis over useful lives not exceeding 10 years. We review intangible assets for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Impairment is indicated if the sum of undiscounted estimated future net cash flows is less than the carrying value of the asset. Impairment is permanently recognized by writing down the asset to the extent that the carrying value exceeds the estimated fair value.
Derivatives and Hedging Activities	Derivatives and Hedging Activities DERIVATIVES. We recognize all derivatives at fair value. On the date we enter into a derivative contract, we categorize the derivative as either an accounting hedge, economic hedge, or part of our customer accommodation trading portfolio. Accounting hedges are either fair value or cash flow hedges. Fair value hedges represent the hedge of the fair value of a recognized asset or liability or an unrecognized firm commitment. Cash flow hedges represent the hedge of a forecasted transaction or the variability of cash flows to be paid or received related to a recognized asset or liability. Economic hedges and customer accommodation trading derivatives do not qualify for, or we have elected not to apply, hedge accounting. Economic hedges are derivatives we use to manage interest rate, foreign currency and certain other risks associated with our non-trading activities. Our customer accommodation trading portfolio represents derivatives related to our trading business activities. We report changes in the fair values of economic hedges and customer accommodation trading derivatives in noninterest income or noninterest expense. FAIR VALUE HEDGES. We record changes in the fair value of the derivative in earnings, except for certain derivatives in which a portion is recorded to OCI. We record basis adjustments to the amortized cost of the hedged asset or liability due to the changes in fair value related to the hedged risk, except for basis adjustments related to active portfolio layer method hedges which are maintained at a portfolio level and not allocated to the individual assets in the portfolio. The offset to fair value hedge basis adjustments is recorded in earnings. We present derivative gains or losses in the same income statement category as the hedged asset or liability, as follows: • For fair value hedges of interest rate risk, amounts are reflected in net interest income; • For hedges of foreign currency risk, amounts representing the fair value changes less the accrual for periodic cash flow settlements are reflected in noninterest income. The periodic cash flow settlements are reflected in net interest income; • For hedges of both interest rate risk and foreign currency risk, amounts representing the fair value change less the accrual for periodic cash flow settlements is attributed to both net interest income and noninterest income. The periodic cash flow settlements are reflected in net interest income. The entire derivative gain or loss is included in the assessment of hedge effectiveness for all fair value hedge relationships, except for hedges of foreign-currency denominated AFS debt securities and long-term debt liabilities hedged with cross-currency swaps. The change in fair value of these swaps attributable to cross-currency basis spread changes is excluded from the assessment of hedge effectiveness. The initial fair value of the excluded component is amortized to net interest income and the difference between changes in fair value of the excluded component and the amount recorded in earnings is recorded in OCI. CASH FLOW HEDGES. We record changes in the fair value of the derivative in OCI. We subsequently reclassify gains and losses from these changes in fair value from OCI to earnings in the same period(s) that the hedged transaction affects earnings and in the same income statement category as the hedged item. The entire gain or loss on these derivatives is included in the assessment of hedge effectiveness. DOCUMENTATION AND EFFECTIVENESS ASSESSMENT FOR ACCOUNTING HEDGES. For fair value and cash flow hedges qualifying for hedge accounting, we formally document at inception the relationship between hedging instruments and hedged items, our risk management objective, strategy and our evaluation of effectiveness for our hedge transactions. Evaluation of hedge effectiveness assesses whether the derivative designated in each hedging relationship is expected to be and has been highly effective in offsetting changes in fair values or cash flows. We assess hedge effectiveness using regression analysis, both at inception of the hedging relationship and on an ongoing basis. For portfolio layer method fair value hedges, an assessment test is also performed at inception of the hedging relationship and on an ongoing basis to support our expectation that the hedged item is anticipated to be outstanding for the designated hedge period. DISCONTINUING HEDGE ACCOUNTING. We are required to discontinue hedge accounting prospectively when a derivative is no longer highly effective in offsetting changes in the fair value or cash flows of a hedged item, the forecasted transaction is no longer probable of occurring in a cash flow hedge, or the hedged item is no longer anticipated to be outstanding for the designated hedge period in a portfolio layer method hedge. We may voluntarily discontinue hedge accounting at any time. Any derivatives we continue to hold that are no longer designated as fair value or cash flow hedges are recognized as economic hedges or customer accommodation trading derivatives. For discontinued fair value hedges, the cumulative basis adjustments to the hedged item and accumulated amounts reported in OCI are accounted for in the same manner as other components of the carrying amount of the asset or liability. For example, for financial debt instruments such as AFS debt securities, loans or long-term debt, these amounts are amortized into net interest income over the remaining life of the asset or liability similar to other amortized cost basis adjustments. Any portfolio level basis adjustments related to discontinued hedged items under the portfolio layer method are allocated to remaining securities in the portfolio on a proportionate basis. If the hedged item is derecognized, the accumulated amounts reported in OCI are immediately reclassified to net interest income. For discontinued cash flow hedges in which the original hedged forecasted transaction will probably occur, the accumulated gains and losses reported in OCI continue to be reclassified to earnings in the same period(s) the originally forecasted transaction affects earnings at which point the related OCI amount is reclassified to net interest income. If it becomes probable that the forecasted transaction will no longer occur, the accumulated gains and losses reported in OCI are immediately reclassified to noninterest income. EMBEDDED DERIVATIVES. We may enter into hybrid financial instruments that embody an embedded derivative and a host contract. For certain structured debt liabilities issued by our trading business, the fair value option is elected to account for the entire hybrid instrument at fair value with changes in fair value recorded to earnings. If the fair value option is not elected, we may be required to separately record the embedded derivative at fair value from the host contract where the remaining host contract is reported as the difference between the basis of the hybrid instrument and the fair value of the bifurcated derivative. Bifurcated derivatives are carried at fair value and accounted for in accordance with its categorization as an accounting hedge, economic hedge, or customer accommodation trading derivative. The accounting for the remaining host contract is the same as other assets and liabilities of a similar type and reported on our consolidated balance sheet based upon the accounting classification of the instrument. COUNTERPARTY CREDIT RISK AND NETTING. By using derivatives, we are exposed to counterparty credit risk, which is the risk that counterparties to the derivative contracts do not perform as expected. If a counterparty fails to perform, our counterparty credit risk is equal to the amount reported as a derivative asset on our consolidated balance sheet. We minimize counterparty credit risk through credit approvals, limits, monitoring procedures, executing master netting arrangements and obtaining collateral, where appropriate. To the extent derivatives are subject to legally enforceable master netting arrangements with the same counterparty, derivative assets and liabilities and related cash collateral receivable or payable amounts are reported net on our consolidated balance sheet. Cash collateral exchanged for derivatives cleared with centrally cleared counterparties is recorded as a reduction to derivative fair value asset and liability amounts. Cash collateral exchanged related to over-the-counter bilateral derivatives is recorded as separate non-derivative receivables or payables. Cash collateral related to centrally cleared derivatives, also referred to as variation margin, is exchanged based upon derivative fair value changes, typically on a one-day lag. For additional information on our derivatives and hedging activities, see Note 14 (Derivatives).
Pension Accounting	Pension Accounting We sponsor a frozen noncontributory qualified defined benefit retirement plan, the Wells Fargo & Company Cash Balance Plan (Cash Balance Plan), which covers eligible employees of Wells Fargo. We also sponsor nonqualified defined benefit plans that provide supplemental defined benefit pension benefits to certain eligible employees. We account for our defined benefit pension plans using an actuarial model. Principal assumptions used in determining the net periodic pension cost and the pension obligation include the discount rate, the expected long-term rate of return on plan asset s and projected mortality rates. A single weighted-average discount rate is used to estimate the present value of our future pension benefit obligations. We determine the discount rate using a yield curve derived from a broad-based population of high-quality corporate bonds with maturity dates that closely match the estimated timing of the expected benefit payments. We use the full year curve approach to estimate the interest cost component of pension expense for our principal defined benefit and postretirement plans. The full yield curve approach aligns specific spot rates along the yield curve to the projected benefit payment cash flows. The determination of our expected long-term rate of return on plan assets is highly quantitative by nature. We evaluate the current asset allocations and expected returns using forward-looking capital market assumptions. We use the resulting projections to derive a baseline expected rate of return for the Cash Balance Plan’s prescribed asset mix. Mortality rate assumptions are based on mortality tables published by the Society of Actuaries adjusted to reflect our specific experience. At year end, we re-measure our defined benefit plan liabilities and related plan assets and recognize any resulting actuarial gain or loss in OCI. We generally amortize net actuarial gain or loss in excess of a 5% corridor from AOCI into net periodic pension cost over the estimated average remaining participation period, which at December 31, 2024, is 17 years. See Note 22 (Employee Benefits) for additional information on our pension accounting.
Income Taxes	Income Taxes We file income tax returns in the jurisdictions in which we operate and evaluate income tax expense in two components: current and deferred income tax expense. Current income tax expense represents our estimated taxes to be paid or refunded for the current period and includes income tax expense related to uncertain tax positions. Uncertain tax positions that meet the more likely than not recognition threshold are measured to determine the amount of benefit to recognize. An uncertain tax position is measured at the largest amount of benefit that management believes has a greater than 50% likelihood of realization upon settlement. Tax benefits not meeting our realization criteria represent unrecognized tax benefits. Deferred income taxes are based on the balance sheet method and deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Under the balance sheet method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax basis of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred tax assets are recognized subject to management’s judgment that realization is more likely than not. A valuation allowance reduces deferred tax assets to the realizable amount. See Note 23 (Income Taxes) for a further description of our provision for income taxes and related income tax assets and liabilities.
Stock-Based Compensation	Stock-Based Compensation Our long-term incentive plans provide awards for employee services in various forms, such as restricted share rights (RSRs) and performance share awards (PSAs). Stock-based awards are measured at fair value on the grant date. The cost is recognized in personnel expense, net of actual forfeitures, in o ur consolidated statement of income normally over the vesting period of the award; awards with graded vesting are expensed on a straight-line method. Awards to employees who are retirement eligible at the grant date are subject to immediate expensing upon grant. Awards to employees who become retirement eligible before the final vesting date are expensed between the grant date and the date the employee becomes retirement eligible. Except for retirement and other limited circumstances, RSRs are canceled when employment ends. For PSAs, compensation expense fluctuates based on the estimated outcome of meeting the performance conditio ns. The total expense that will be recognized on these awards is finalized upon the completion of the performance period. For additional information on our stock-based employee compensation plans, see Note 12 (Common Stock and Stock Plans).
Earnings Per Common Share	Earnings Per Common Share We compute earnings per common share by dividing net income applicable to common stock (net income less dividends on preferred stock and the excess of consideration transferred over carrying value of preferred stock redeemed, if any) by the average number of common shares outstanding during the period. We compute diluted earnings per common share using net income applicable to common stock and adding the effect of common stock equivalents (e.g., restricted share rights) that are dilutive to the average number of common shares outstanding during the period.
Fair Value Measurements	Fair Value Measurements Fair value represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on an exit price notion that maximizes the use of observable inputs and minimizes the use of unobservable inputs. We measure our assets and liabilities at fair value when we are required to record them at fair value, when we have elected the fair value option and to fulfill fair value disclosure requirements. Assets and liabilities are recorded at fair value on a recurring or nonrecurring basis. Assets and liabilities that are recorded at fair value on a recurring basis require a fair value measurement at each reporting period. Assets and liabilities that are recorded at fair value on a nonrecurring basis are adjusted to fair value only as required through write-downs of individual assets and the application of accounting methods such as LOCOM and the measurement alternative. We classify our assets and liabilities measured at fair value based upon a three-level hierarchy that assigns the highest priority to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs. The three levels are as follows: • Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets. • Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3 – Valuation is generated from techniques that use one or more significant assumptions that are not observable in the market. These unobservable assumptions reflect our estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models, market comparable pricing, option pricing models, and similar techniques. Significant unobservable inputs used in our Level 3 fair value measurements include discount rates, default rates, comparability adjustments, and prepayment rates. The classification of an asset or liability within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. We monitor the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy and transfers between Level 1, Level 2, and Level 3 accordingly. Observable market data includes but is not limited to quoted prices and market transactions. Changes in economic conditions or market liquidity generally will drive changes in availability of observable market data. Changes in availability of observable market data, which also may result in changing the valuation technique used, are generally the cause of transfers between Level 1, Level 2, and Level 3. The amounts reported as transfers represent the fair value as of the beginning of the quarter in which the transfer occurred. See Note 15 (Fair Value Measurements) for a more detailed discussion of the valuation methodologies that we apply to our assets and liabilities.
Subsequent Events	Subsequent Events We have evaluated the effects of events that have occurred subsequent to December 31, 2024, and there have been no material events that would require recognition in our 2024 consolidated financial statements or disclosure in the Notes to the consolidated financial statements.
Trading Securities And Trading Assets [Member]
Significant Accounting Policies [Line Items]
Securities	Trading Activities We engage in trading activities to accommodate the investment and risk management activities of our customers. These activities predominantly occur in our Corporate and Investment Banking reportable operating segment. Trading assets and liabilities include debt securities, equity securities, loans held for sale, derivatives, structured debt liabilities, and short sales, which are reported within our consolidated balance sheet based on the accounting classification of the instrument. In addition, certain instruments that we have elected to account for under the fair value method, such as debt securities that are held for investment purposes and structured debt liabilities, are classified as trading. Our trading assets and liabilities are carried on our consolidated balance sheet at fair value with changes in fair value recognized in net gains from trading and securities within noninterest income. Interest income and interest expense are recognized in net interest income. Customer accommodation trading activities include our actions as an intermediary to buy and sell financial instruments and market-making activities. We also take positions to manage our exposure to customer accommodation activities. We hold financial instruments for trading in long positions, as well as short positions, to facilitate our trading activities. As an intermediary, we interact with market buyers and sellers to facilitate the purchase and sale of financial instruments to meet the anticipated or current needs of our customers. For example, we may purchase or sell a derivative to a customer who wants to manage interest rate risk exposure. We typically enter into an offsetting derivative or security position to manage our exposure to the customer transaction. We earn income based on the transaction price difference between the customer transaction and the offsetting position, which is reflected in earnings where the fair value changes and related interest income and expense of the positions are recorded. Our market-making activities include taking long and short trading positions to facilitate customer order flow. These activities are typically executed on a short-term basis. As a market-maker we earn income due to: (1) the difference between the price paid or received for the purchase and sale of the security (bid-ask spread), (2) the net interest income of the positions, and (3) the changes in fair value of the trading positions held on our consolidated balance sheet. Additionally, we may enter into separate derivative or security positions to manage our exposure related to our long and short trading positions taken in our market-making activities. Income earned on these market-making activities are reflected in earnings where the fair value changes and related interest income and expense of the positions are recorded.
Debt securities [Member]
Significant Accounting Policies [Line Items]
Securities	Available-for-Sale and Held-to-Maturity Debt Securities Our investments in debt securities that are not held for trading purposes are classified as either available-for-sale (AFS) or held-to-maturity (HTM). Investments in debt securities for which the Company has the positive intent and ability to hold to maturity are classified as HTM. HTM debt securities are recognized at amortized cost, net of the allowance for credit losses (ACL). Our remaining investments in debt securities not held for trading purposes are classified as AFS. AFS debt securities are recognized at fair value, with unrealized gains and losses reported in other comprehensive income (OCI). Unrealized gains and losses reported in OCI are based on the difference between amortized cost and fair value, net of the ACL and applicable income taxes. For both AFS and HTM debt securities, amortized cost is the unpaid principal amount, net of unamortized basis adjustments. Basis adjustments may include purchase premiums or discounts, fair value hedge accounting basis adjustments, fair value write-downs related to recognition of intent or required to sell impairment losses, and charge-offs or recoveries of amounts deemed uncollectible. Accrued interest receivable is not included in the amortized cost. See Note 3 (Available-for-Sale and Held-to-Maturity Debt Securities) for additional information. INTEREST INCOME AND GAIN/LOSS RECOGNITION. Unamortized premiums and discounts are recognized in interest income over the contractual life of the security using the effective interest method, except for purchased callable debt securities carried at a premium. For purchased callable debt securities carried at a premium, the premium is amortized into interest income to the next call date using the effective interest method. As principal repayments are received on securities (e.g., mortgage-backed securities (MBS)), a proportionate amount of the related premium or discount is recognized in income such that the effective interest rate on the remaining portion of the security continues unchanged. We recognize realized gains and losses on the sale of debt securities in net gains from trading and securities within noninterest income using the specific identification method. IMPAIRMENT AND CREDIT LOSSES. Unrealized losses on AFS debt securities are driven by a number of factors, including changes in interest rates and credit spreads which impact most types of debt securities, and prepayment rates which impact MBS and collateralized loan obligations (CLO). Additional considerations for certain types of AFS debt securities include: • Debt securities of U.S. Treasury and federal agencies, including federal agency MBS, are not impacted by credit movements given the explicit or implicit guarantees provided by the U.S. government. • Debt securities of U.S. states and political subdivisions are most impacted by changes in the relationship between municipal and term funding credit curves rather than by changes in the credit quality of the underlying securities. • Structured securities, such as MBS and CLO, are also impacted by changes in projected collateral losses of assets underlying the security. For AFS debt securities where fair value is less than amortized cost basis, we recognize impairment in earnings if we have the intent to sell the security or if it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. Impairment is recognized in net gains on trading and securities within noninterest income equal to the difference between the amortized cost basis, net of ACL, and the fair value of the AFS debt security. Following the recognition of this impairment, the AFS debt security’s new amortized cost basis is fair value. For AFS debt securities where fair value is less than amortized cost basis where we did not recognize impairment in earnings, we record an ACL as of the balance sheet date to the extent unrealized loss is due to credit losses. See the “Allowance for Credit Losses” section in this Note for our accounting policies relating to the ACL for debt securities, which also includes debt securities classified as HTM. TRANSFERS BETWEEN CATEGORIES OF DEBT SECURITIES. Transfers of debt securities from the AFS to HTM classification are recorded at fair value, and accordingly the amortized cost of the security transferred to HTM is adjusted to fair value. Unrealized gains or losses reported in AOCI at the transfer date are amortized into earnings over the same period as the unamortized premiums and discounts using the effective interest method. Any ACL previously recorded under the AFS debt security model is reversed and an ACL under the HTM debt security model is re-established. The reversal and re-establishment of the ACL are recorded in provision for credit losses. Transfers of debt securities from the HTM to AFS classification are recorded at fair value. The HTM amortized cost becomes the AFS amortized cost, and the debt security is remeasured at fair value with the unrealized gains and losses reported in OCI. Any ACL previously recorded under the HTM debt security model is reversed and an ACL under the AFS debt security model is re-established. The reversal and re-establishment of the ACL are recorded in provision expense. Transfers from HTM to AFS are only expected to occur under limited circumstances. NONACCRUAL AND PAST DUE, AND CHARGE-OFF POLICIES. We generally place debt securities on nonaccrual status using factors similar to those described for loans. When we place a debt security on nonaccrual status, we reverse the accrued unpaid interest receivable against interest income and suspend the amortization of premiums and accretion of discounts. If the ultimate collectability of the principal is in doubt on a nonaccrual debt security, any cash collected is first applied to reduce the security’s amortized cost basis to zero, followed by recovery of amounts previously charged off, and subsequently to interest income. Generally, we return a debt security to accrual status when all delinquent interest and principal become current under the contractual terms of the security and collectability of remaining principal and interest is no longer doubtful. Our debt securities are considered past due when contractually required principal or interest payments have not been made on the due dates. Our charge-off policy for debt securities is similar to our charge-off policy for commercial loans. Subsequent to charge-off, the debt security will be designated as nonaccrual and follow the process described above for any cash received.
Equity securities [Member]
Significant Accounting Policies [Line Items]
Securities	Equity Securities Equity securities are investments that represent noncontrolling ownership interests in third-party entities, such as corporations, partnerships, or limited liability companies. Marketable equity securities have readily determinable fair values and are predominantly used in our trading activities. Marketable equity securities are carried at fair value with realized and unrealized gains and losses recognized in net gains from trading and securities in noninterest income. Dividend income from marketable equity securities is recognized in interest income. N onmarketable equity securities do not have readily determinable fair values and are accounted for using one of the following accounting methods: • Fair value through net income: This method is an election. The securities are carried at fair value with unrealized gains or losses recognized in net gains from trading and securities in noninterest income; • Equity method: This method is applied when we have the ability to exert significant influence over the investee. The securities are initially recorded at cost and adjusted for our share of the investee’s earnings or losses, less any dividends received and impairment. Equity method adjustments for our share of the investee’s earnings or losses are recognized in other noninterest income, except for venture capital investments which are recognized in net gains from trading and securities in noninterest income. Distributions received from the investee, including dividends, are recognized as a reduction of the investment carrying value; • Proportional amortization method: This method is applied to affordable housing and renewable energy investments if certain eligibility criteria are met. The investments are initially recorded at cost plus unfunded commitments that are either legally binding or contingent but probable of funding and are amortized in proportion to the income tax credits and income tax benefits received. The amortization of the investments and the related tax impacts are recognized on a net basis in income tax expense; • Cost method: This method is required for specific securities, such as Federal Reserve Bank stock and Federal Home Loan Bank stock. These securities are carried at cost less any impairment; • Measurement alternative: This method is used for all remaining nonmarketable equity securities. These securities are initially recorded at cost and are remeasured to fair value upon either (1) an observable price change in an orderly transaction of the same or similar security of the same issuer; or (2) impairment. Realized and unrealized gains and losses from nonmarketable equity securities, including impairment losses and measurement alternative fair value remeasurements, are recognized in net gains from trading and securities in noninterest income. Dividend income from nonmarketable equity securities, other than equity method securities, is recognized in interest income. Our review for impairment for nonmarketable equity securities not carried at fair value includes an analysis of the facts and circumstances of each security, such as the expectations of the issuer’s cash flows, capital needs, and the viability of its business model, as well as our intent or requirement to sell the security. When the fair value of an equity method or cost method investment is less than its carrying value, we write-down the security to fair value when the decline in value is considered to be other than temporary. The determination of whether an impairment is other than temporary includes a number of factors including the financial condition and near-term prospects of the issuer as well as the length of time and extent of the impairment. When the fair value of an investment accounted for using the measurement alternative is less than its carrying value, we write-down the security to fair value without the consideration of anticipated recovery. See Note 4 (Equity Securities) for additional information.
Accounting Standards Update 2023-02 [Member]
Significant Accounting Policies [Line Items]
Accounting Standards Adopted in 2024	ASU 2023-02 expands the use of the proportional amortization method of accounting for tax credit investments, which previously was limited to affordable housing investments that generate low-income housing tax credits. Upon adoption of the Update, an entity may elect to account for equity investments that generate income tax credits and benefits using the proportional amortization method if certain eligibility criteria are met. The proportional amortization method amortizes the cost of a tax credit investment in proportion to the income tax credits and income tax benefits received. The amortization and related income tax credits and benefits are recorded on a net basis within income tax expense. The cost of an investment includes unfunded commitments that are either legally binding or contingent but probable of funding. Such unfunded commitments are not recognized under other methods of accounting. We adopted the Update on January 1, 2024, on a modified retrospective basis with a cumulative effect adjustment to retained earnings. Upon adoption, we elected to account for eligible investments in our renewable energy tax credit portfolio using the proportional amortization method. These investments were previously accounted for using the equity method. We also elected to continue use of the proportional amortization method to account for our affordable housing investments. In addition, we elected to classify liabilities recognized for unfunded commitments related to proportional amortization method investments in accrued expenses and other liabilities on our consolidated balance sheet, including a change to unfunded commitments for affordable housing investments that were previously included in long-term debt. Prior period amounts were not impacted by these accounting changes. Table 1.1 presents the transition adjustments recorded upon the adoption of ASU 2023-02 as of January 1, 2024. Table 1.1: Transition Adjustment of ASU 2023-02 (in millions) Dec 31, Transition adjustment upon adoption Jan 1, Selected Balance Sheet Data Equity securities $ 57,336 1,700 59,036 Other assets 78,815 548 79,363 Accrued expenses and other liabilities 71,210 7,333 78,543 Long-term debt 207,588 (4,927) 202,661 Retained earnings 201,136 (158) 200,978 ASU 2022-03 clarifies the guidance regarding the measurement of fair value of equity securities subject to contractual restrictions that prohibit the sale of the security. Specifically, that such restrictions are not part of the unit of account of the security and therefore are not considered when measuring fair value. We adopted the Update on January 1, 2024, on a prospective basis. The Update did not have a material impact to our consolidated financial statements. ASU 2023-07 expands the disclosures about a public entity’s reportable segments, primarily through enhanced disclosures about significant segment expenses. Specifically, the Update requires a public entity to disclose, on an interim and annual basis, its significant expense categories and amounts for each reportable segment that are regularly provided to the chief operating decision maker (CODM) and included in each reported measure of a segment’s profit or loss. The Update requires a public entity to disclose the title and position of the individual or the name of the group or committee identified as the CODM and disclose how the CODM uses each reported measure of segment profit or loss to assess performance and allocate resources. The Update also amends current guidance by permitting a public entity to report multiple measures of a segment’s profit or loss and clarifies that single reportable segment entities are subject to Topic 280 in its entirety. Additionally, the Update expands the current interim disclosure requirements to require that nearly all of the annual segment disclosures also be made on an interim basis. We adopted the Update on December 31, 2024, on a retrospective basis and accordingly, have recast our prior period segment reporting disclosures as of the earliest period presented to conform to the current period presentation.
Accounting Standards Update 2022-03 [Member]
Significant Accounting Policies [Line Items]
Accounting Standards Adopted in 2024	ASU 2022-03 clarifies the guidance regarding the measurement of fair value of equity securities subject to contractual restrictions that prohibit the sale of the security. Specifically, that such restrictions are not part of the unit of account of the security and therefore are not considered when measuring fair value. We adopted the Update on January 1, 2024, on a prospective basis. The Update did not have a material impact to our consolidated financial statements.
Accounting Standards Update 2023-07 [Member]
Significant Accounting Policies [Line Items]
Accounting Standards Adopted in 2024	ASU 2023-07 expands the disclosures about a public entity’s reportable segments, primarily through enhanced disclosures about significant segment expenses. Specifically, the Update requires a public entity to disclose, on an interim and annual basis, its significant expense categories and amounts for each reportable segment that are regularly provided to the chief operating decision maker (CODM) and included in each reported measure of a segment’s profit or loss. The Update requires a public entity to disclose the title and position of the individual or the name of the group or committee identified as the CODM and disclose how the CODM uses each reported measure of segment profit or loss to assess performance and allocate resources. The Update also amends current guidance by permitting a public entity to report multiple measures of a segment’s profit or loss and clarifies that single reportable segment entities are subject to Topic 280 in its entirety. Additionally, the Update expands the current interim disclosure requirements to require that nearly all of the annual segment disclosures also be made on an interim basis. We adopted the Update on December 31, 2024, on a retrospective basis and accordingly, have recast our prior period segment reporting disclosures as of the earliest period presented to conform to the current period presentation.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Transition Adjustment of ASU 2023-02	Table 1.1 presents the transition adjustments recorded upon the adoption of ASU 2023-02 as of January 1, 2024. Table 1.1: Transition Adjustment of ASU 2023-02 (in millions) Dec 31, Transition adjustment upon adoption Jan 1, Selected Balance Sheet Data Equity securities $ 57,336 1,700 59,036 Other assets 78,815 548 79,363 Accrued expenses and other liabilities 71,210 7,333 78,543 Long-term debt 207,588 (4,927) 202,661 Retained earnings 201,136 (158) 200,978
Key Economic Variables	See Table 1.2 for key economic variables used for our loan portfolios. Table 1.2: Key Economic Variables Loan Portfolio Key economic variables Total commercial • Gross domestic product • Commercial real estate asset prices, where applicable • Unemployment rate Residential mortgage • Home price index • Unemployment rate Other consumer (including credit card, auto, and other consumer) • Unemployment rate

Trading Activities (Tables)

Trading Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Trading Activities [Abstract]
Trading Assets and Liabilities	Table 2.1 presents a summary of our trading assets and liabilities measured at fair value through earnings. Table 2.1: Trading Assets and Liabilities (in millions) Dec 31, Dec 31, Trading assets: Debt securities $ 121,205 97,302 Equity securities 19,270 18,449 Loans held for sale 3,587 1,793 Gross trading derivative assets 97,696 71,990 Netting (1) (77,926) (54,069) Total trading derivative assets 19,770 17,921 Total trading assets 163,832 135,465 Trading liabilities: Short sale and other liabilities 28,744 25,471 Interest-bearing deposits 318 1,297 Long-term debt 3,495 2,308 Gross trading derivative liabilities 96,783 77,807 Netting (1) (81,345) (60,366) Total trading derivative liabilities 15,438 17,441 Total trading liabilities $ 47,995 46,517 (1) Represents balance sheet netting for trading derivative asset and liability balances, and trading portfolio level valuation adjustments. See Note 14 (Derivatives) for additional information.
Net Interest Income and Net Gains (Losses) from Trading Activities	Table 2.2 provides net interest income earned from trading assets and liabilities, and net gains and losses due to the realized and unrealized gains and losses from trading activities. Net interest income also includes dividend income on trading securities and dividend expense on trading securities we have sold, but not yet purchased. Table 2.2: Net Interest Income and Net Gains (Losses) from Trading Activities Year ended December 31, (in millions) 2024 2023 2022 Net interest income: Interest income (1) $ 5,541 4,229 3,011 Interest expense 874 643 592 Total net interest income 4,667 3,586 2,419 Net gains (losses) from trading activities, by risk type (2): Interest rate 823 444 456 Commodity 382 372 345 Equity 1,195 1,106 883 Foreign exchange 2,299 2,124 1,168 Credit 585 753 (736) Total net gains from trading activities 5,284 4,799 2,116 Total trading-related net interest and noninterest income $ 9,951 8,385 4,535 (1) Substantially all relates to interest income on debt and equity securities. (2) Includes gains (losses) on trading portfolio level valuation adjustments, as well as remeasurement gains (losses) on foreign currency-denominated assets and liabilities, including related hedges. See Note 14 (Derivatives) for additional information.

AFS and HTM Debt Securities (Ta

AFS and HTM Debt Securities (Tables)	12 Months Ended
	Dec. 31, 2024
AFS And HTM Debt Securities [Abstract]
Available-for-Sale and Held-to-Maturity Debt Securities Outstanding	Table 3.1 provides the amortized cost, net of the allowance for credit losses (ACL) for debt securities, and fair value by major categories of available-for-sale (AFS) debt securities, which are carried at fair value, and held-to-maturity (HTM) debt securities, which are carried at amortized cost, net of the ACL. The net unrealized gains (losses) for AFS debt securities are reported as a component of accumulated other comprehensive income (AOCI), net of the ACL and applicable income taxes. Information on debt securities held for trading is included in Note 2 (Trading Activities). For both AFS and HTM debt securities, amortized cost is the unpaid principal amount, net of unamortized basis adjustments. Basis adjustments may include purchase premiums or discounts, fair value hedge accounting basis adjustments, fair value write-downs related to recognition of intent to sell, impairment losses, and charge-offs or recoveries of amounts deemed uncollectible. Outstanding balances exclude accrued interest receivable on AFS and HTM debt securities, which are included in other assets. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. Table 3.1: Available-for-Sale and Held-to-Maturity Debt Securities Outstanding (in millions) Amortized Gross unrealized gains Gross Net unrealized gains (losses) Fair value December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ 23,791 1 (507) (506) 23,285 Securities of U.S. states and political subdivisions (2) 12,542 11 (518) (507) 12,035 Federal agency mortgage-backed securities 129,703 84 (6,758) (6,674) 123,029 Non-agency mortgage-backed securities (3) 1,844 3 (41) (38) 1,806 Collateralized loan obligations 2,196 6 — 6 2,202 Other debt securities 574 50 (3) 47 621 Total available-for-sale debt securities, excluding portfolio level basis adjustments 170,650 155 (7,827) (7,672) 162,978 Portfolio level basis adjustments (4) (43) 43 — Total available-for-sale debt securities 170,607 155 (7,827) (7,629) 162,978 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies 3,794 — (1,779) (1,779) 2,015 Securities of U.S. states and political subdivisions 18,200 — (3,342) (3,342) 14,858 Federal agency mortgage-backed securities 193,982 — (36,029) (36,029) 157,953 Non-agency mortgage-backed securities (3) 1,364 50 (81) (31) 1,333 Collateralized loan obligations 15,888 56 — 56 15,944 Other debt securities 1,720 — (44) (44) 1,676 Total held-to-maturity debt securities 234,948 106 (41,275) (41,169) 193,779 Total $ 405,555 261 (49,102) (48,798) 356,757 December 31, 2023 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ 47,351 2 (1,886) (1,884) 45,467 Securities of U.S. states and political subdivisions (2) 20,654 36 (624) (588) 20,066 Federal agency mortgage-backed securities 63,741 111 (4,274) (4,163) 59,578 Non-agency mortgage-backed securities (3) 2,892 1 (144) (143) 2,749 Collateralized loan obligations 1,538 — (5) (5) 1,533 Other debt securities 1,025 46 (16) 30 1,055 Total available-for-sale debt securities, excluding portfolio level basis adjustments 137,201 196 (6,949) (6,753) 130,448 Portfolio level basis adjustments (4) (46) 46 — Total available-for-sale debt securities 137,155 196 (6,949) (6,707) 130,448 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies 3,790 — (1,503) (1,503) 2,287 Securities of U.S. states and political subdivisions 18,624 3 (2,939) (2,936) 15,688 Federal agency mortgage-backed securities 209,170 136 (30,918) (30,782) 178,388 Non-agency mortgage-backed securities (3) 1,276 18 (120) (102) 1,174 Collateralized loan obligations 28,122 75 (63) 12 28,134 Other debt securities 1,726 — (81) (81) 1,645 Total held-to-maturity debt securities 262,708 232 (35,624) (35,392) 227,316 Total $ 399,863 428 (42,573) (42,099) 357,764 (1) Represents amortized cost of the securities, net of the ACL of $34 million and $1 million related to AFS debt securities and $95 million and $93 million related to HTM debt securities at December 31, 2024 and 2023, respectively. (2) Includes investments in tax-exempt preferred debt securities issued by investment funds or trusts that predominantly invest in tax-exempt municipal securities. The amortized cost, net of the ACL, and fair value of these types of securities, was $2.8 billion at December 31, 2024, and $5.5 billion at December 31, 2023. (3) Predominantly consists of commercial mortgage-backed securities at both December 31, 2024 and 2023. (4) Represents fair value hedge basis adjustments related to active portfolio layer method hedges of AFS debt securities, which are not allocated to individual securities in the portfolio. For additional information, see Note 14 (Derivatives).
Held-to-Maturity Debt Securities Purchases and Transfers	Table 3.2 details the breakout of purchases of and transfers to HTM debt securities by major category of security. The table excludes the transfer of HTM debt securities with a fair value of $23.2 billion to AFS debt securities in first quarter 2023 in connection with the adoption of ASU 2022-01. Table 3.2: Held-to-Maturity Debt Securities Purchases and Transfers Year ended December 31, (in millions) 2024 2023 2022 Purchases of held-to-maturity debt securities (1): Securities of U.S. states and political subdivisions $ — — 843 Federal agency mortgage-backed securities $ — 4,225 2,051 Non-agency mortgage-backed securities 167 94 211 Total purchases of held-to-maturity debt securities 167 4,319 3,105 Transfers from available-for-sale debt securities to held-to-maturity debt securities (2): Federal agency mortgage-backed securities — 3,687 50,132 Total transfers from available-for-sale debt securities to held-to-maturity debt securities $ — 3,687 50,132 (1) Inclusive of securities purchased but not yet settled and non-cash purchases from securitization of loans held for sale (LHFS). (2) Represents fair value as of the date of the transfers. Debt securities transferred from available-for-sale to held-to-maturity had pre-tax unrealized losses recorded in AOCI of $320 million and $4.5 billion for the years ended December 31, 2023 and 2022, respectively, at the time of the transfers.
Income Statement Impacts for Available-for-Sale and Held-to-Maturity Debt Securities	Table 3.3 shows the composition of interest income, provision for credit losses, and gross realized gains and losses from sales and impairment write-downs included in earnings related to AFS and HTM debt securities (pre-tax) . Table 3.3: Income Statement Impacts for Available-for-Sale and Held-to-Maturity Debt Securities Year ended December 31, (in millions) 2024 2023 2022 Interest income (1): Available-for-sale $ 6,489 5,202 3,095 Held-to-maturity 6,512 7,118 6,220 Total interest income 13,001 12,320 9,315 Provision for credit losses: Available-for-sale 44 (26) 1 Held-to-maturity 1 7 (11) Total provision for credit losses 45 (19) (10) Realized gains and losses (2): Gross realized gains 32 37 276 Gross realized losses (952) (27) (125) Net realized gains (losses) $ (920) 10 151 (1) Excludes interest income from trading debt securities, which is disclosed in Note 2 (Trading Activities). (2) Realized gains and losses relate to AFS debt securities. There were no realized gains or losses from HTM debt securities in all periods presented.
Investment Grade Debt Securities	Table 3.4 shows the percentage of fair value of AFS debt securities and amortized cost of HTM debt securities determined to be rated investment grade, inclusive of securities rated based on internal credit grades. Table 3.4: Investment Grade Debt Securities Available-for-Sale Held-to-Maturity ($ in millions) Fair value % investment grade Amortized cost % investment grade December 31, 2024 Total portfolio (1) $ 162,978 99 % $ 235,043 99 % Breakdown by category: Securities of U.S. Treasury and federal agencies (2) $ 146,314 100 % $ 197,777 100 % Securities of U.S. states and political subdivisions 12,035 99 18,210 100 Collateralized loan obligations (3) 2,202 100 15,904 100 All other debt securities (4) 2,427 89 3,152 61 December 31, 2023 Total portfolio (1) $ 130,448 99 % $ 262,801 99 % Breakdown by category: Securities of U.S. Treasury and federal agencies (2) $ 105,045 100 % $ 212,960 100 % Securities of U.S. states and political subdivisions 20,066 99 18,635 100 Collateralized loan obligations (3) 1,533 100 28,154 100 All other debt securities (4) 3,804 95 3,052 64 (1) 99% were rated AA- and above at both December 31, 2024 and 2023. (2) Includes federal agency mortgage-backed securities. (3) 100% were rated AA- and above at both December 31, 2024 and 2023. (4) Includes non-U.S. government, non-agency mortgage-backed, and all other debt securities.
Gross Unrealized Losses and Fair Value – Available-for-Sale Debt Securities	Table 3.5 shows the gross unrealized losses and fair value of AFS debt securities by length of time those individual securities in each category have been in a continuous loss position. Debt securities on which we have recorded credit impairment are categorized as being “less than 12 months” or “12 months or more” in a continuous loss position based on the point in time that the fair value declined to below the amortized cost basis, net of the allowance for credit losses. Table 3.5: Gross Unrealized Losses and Fair Value – Available-for-Sale Debt Securities Less than 12 months 12 months or more Total (in millions) Gross unrealized losses (1) Fair value Gross unrealized losses (1) Fair value Gross unrealized losses (1) Fair value December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ (77) 14,000 (430) 7,778 (507) 21,778 Securities of U.S. states and political subdivisions (11) 748 (507) 7,215 (518) 7,963 Federal agency mortgage-backed securities (1,465) 71,424 (5,293) 40,722 (6,758) 112,146 Non-agency mortgage-backed securities (1) 22 (40) 1,307 (41) 1,329 Other debt securities — — (3) 114 (3) 114 Total available-for-sale debt securities $ (1,554) 86,194 (6,273) 57,136 (7,827) 143,330 December 31, 2023 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies $ (5) 942 (1,881) 43,722 (1,886) 44,664 Securities of U.S. states and political subdivisions (12) 1,405 (612) 11,247 (624) 12,652 Federal agency mortgage-backed securities (76) 7,149 (4,198) 41,986 (4,274) 49,135 Non-agency mortgage-backed securities (1) 42 (143) 2,697 (144) 2,739 Collateralized loan obligations — — (5) 979 (5) 979 Other debt securities — — (16) 420 (16) 420 Total available-for-sale debt securities $ (94) 9,538 (6,855) 101,051 (6,949) 110,589 (1) Gross unrealized losses exclude portfolio level basis adjustments.
Contractual Maturities – Available-for-Sale Debt Securities	Table 3.6 and Table 3.7 show the remaining contractual maturities of AFS and HTM debt securities, respectively. Table 3.6: Contractual Maturities – Available-for-Sale Debt Securities By remaining contractual maturity ($ in millions) Total Within After After After December 31, 2024 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies Amortized cost, net $ 23,791 1,749 9,736 10,947 1,359 Fair value 23,285 1,745 9,362 10,918 1,260 Weighted average yield 3.19 % 2.76 2.33 4.23 1.44 Securities of U.S. states and political subdivisions Amortized cost, net $ 12,542 144 3,565 3,158 5,675 Fair value 12,035 143 3,514 2,888 5,490 Weighted average yield 3.29 % 3.59 3.52 3.03 3.27 Federal agency mortgage-backed securities Amortized cost, net $ 129,703 20 58 522 129,103 Fair value 123,029 20 57 493 122,459 Weighted average yield 4.46 % 2.80 4.23 2.55 4.47 Non-agency mortgage-backed securities Amortized cost, net $ 1,844 — 1 89 1,754 Fair value 1,806 — 1 84 1,721 Weighted average yield 4.31 % — 5.41 4.89 4.28 Collateralized loan obligations Amortized cost, net $ 2,196 — 60 792 1,344 Fair value 2,202 — 60 793 1,349 Weighted average yield 6.20 % — 6.60 6.32 6.11 Other debt securities Amortized cost, net $ 574 60 165 333 16 Fair value 621 60 175 359 27 Weighted average yield 5.05 % 3.57 6.24 4.89 1.63 Total available-for-sale debt securities Amortized cost, net (1) $ 170,650 1,973 13,585 15,841 139,251 Fair value 162,978 1,968 13,169 15,535 132,306 Weighted average yield (2) 4.21 % 2.77 2.68 4.06 4.40 (1) Amortized cost, net excludes portfolio level basis adjustments of $(43) million. (2) Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.
Contractual Maturities – Held-to-Maturity Debt Securities	Table 3.7: Contractual Maturities – Held-to-Maturity Debt Securities By remaining contractual maturity ($ in millions) Total Within After After After December 31, 2024 Held-to-maturity debt securities: Securities of U.S. Treasury and federal agencies Amortized cost, net $ 3,794 — — — 3,794 Fair value 2,015 — — — 2,015 Weighted average yield 1.59 % — — — 1.59 Securities of U.S. states and political subdivisions Amortized cost, net $ 18,200 203 497 468 17,032 Fair value 14,858 201 481 441 13,735 Weighted average yield 2.37 % 1.20 2.33 2.72 2.37 Federal agency mortgage-backed securities Amortized cost, net $ 193,982 — — — 193,982 Fair value 157,953 — — — 157,953 Weighted average yield 2.35 % — — — 2.35 Non-agency mortgage-backed securities Amortized cost, net $ 1,364 — 49 42 1,273 Fair value 1,333 — 54 44 1,235 Weighted average yield 3.53 % — 5.45 3.08 3.47 Collateralized loan obligations Amortized cost, net $ 15,888 — 76 14,512 1,300 Fair value 15,944 — 77 14,565 1,302 Weighted average yield 6.30 % — 6.56 6.31 6.07 Other debt securities Amortized cost, net $ 1,720 — 977 743 — Fair value 1,676 — 942 734 — Weighted average yield 5.27 % — 4.75 5.95 — Total held-to-maturity debt securities Amortized cost, net $ 234,948 203 1,599 15,765 217,381 Fair value 193,779 201 1,554 15,784 176,240 Weighted average yield (1) 2.64 % 1.20 4.11 6.18 2.37 (1) Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.

Equity Securities (Tables)

Equity Securities (Tables)	12 Months Ended
	Dec. 31, 2024
Equity Securities [Abstract]
Equity Securities	Table 4.1 provides a summary of our equity securities by business purpose and accounting method. Table 4.1: Equity Securities (in millions) Dec 31, Dec 31, Equity securities held for trading at fair value (1) $ 19,270 18,449 Not held for trading: Equity securities at fair value 3,052 1,392 Tax credit investments (2) 21,933 20,016 Private equity (3) 12,607 12,203 Federal Reserve Bank stock and other at cost (4) 3,782 5,276 Total equity securities not held for trading 41,374 38,887 Total equity securities $ 60,644 57,336 (1) Represents securities held as part of our customer accommodation trading activities. For additional information on these activities, see Note 2 (Trading Activities). Includes securities with a fair value of $590 million at December 31, 2024, subject to contractual lock-up periods restricting the sale of the securities, the majority of which expire in second quarter 2025. (2) Includes affordable housing investments of $12.3 billion and $12.9 billion at December 31, 2024 and 2023, respectively, and renewable energy investments of $9.4 billion and $6.8 billion at December 31, 2024 and 2023, respectively. Tax credit investments are accounted for using either the proportional amortization method or the equity method. See Note 16 (Securitizations and Variable Interest Entities) for information about tax credit investments. (3) Includes equity securities accounted for under the measurement alternative of $9.3 billion and $9.1 billion at December 31, 2024 and 2023, respectively, which were predominantly securities associated with our venture capital investments. The remaining securities are accounted for using the equity method. (4) Includes $3.5 billion of investments in Federal Reserve Bank stock at both December 31, 2024 and 2023, and $224 million and $1.7 billion of investments in Federal Home Loan Bank stock at December 31, 2024 and 2023, respectively.
Net Gains (Losses) from Equity Securities Not Held for Trading	Table 4.2 provides a summary of the net gains and losses from equity securities not held for trading, which excludes equity method adjustments for our share of the investee’s earnings or losses that are recognized in other noninterest income. Gains and losses for securities held for trading are reported in net gains from trading and securities. Table 4.2: Net Gains (Losses) from Equity Securities Not Held for Trading Year ended December 31, (in millions) 2024 2023 2022 Net gains (losses) from equity securities carried at fair value 442 84 (307) Net gains (losses) from equity securities not carried at fair value (1): Impairment write-downs (773) (1,307) (2,452) Net unrealized gains (2) 679 578 1,101 Net realized gains 722 204 852 Total net gains (losses) from equity securities not carried at fair value 628 (525) (499) Total net gains (losses) from equity securities not held for trading $ 1,070 (441) (806) (1) Includes amounts related to venture capital and private equity investments in consolidated portfolio companies, which are not reported in equity securities on our consolidated balance sheet. (2)
Net Gains (Losses) from Measurement Alternative Equity Securities	Table 4.3 provides additional information about the impairment write-downs and observable price changes from nonmarketable equity securities accounted for under the measurement alternative. Gains and losses related to these adjustments are also included in Table 4.2. Table 4.3: Net Gains (Losses) from Measurement Alternative Equity Securities Year ended December 31, (in millions) 2024 2023 2022 Net gains (losses) recognized in earnings during the period: Gross unrealized gains from observable price changes $ 758 607 1,115 Gross unrealized losses from observable price changes (9) (29) (14) Impairment write-downs (618) (1,113) (2,263) Net realized gains from sale 227 42 98 Total net gains (losses) recognized during the period $ 358 (493) (1,064)
Measurement Alternative Cumulative Gains (Losses)	Table 4.4 presents cumulative carrying value adjustments to nonmarketable equity securities accounted for under the measurement alternative that were still held at the end of each reporting period presented. Table 4.4: Measurement Alternative Cumulative Gains (Losses) Year ended December 31, (in millions) 2024 2023 2022 Cumulative gains (losses): Gross unrealized gains from observable price changes $ 7,457 7,614 7,141 Gross unrealized losses from observable price changes (53) (44) (14) Impairment write-downs (3,747) (3,772) (2,896)

Loans and Related Allowance f_2

Loans and Related Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans Outstanding	Table 5.1 presents total loans outstanding by portfolio segment and class of financing receivable. Loans are reported at their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. These amounts were less than 1% of our total loans outstanding at both December 31, 2024 and 2023. Outstanding balances exclude accrued interest receivable on loans, except for certain revolving loans, such as credit card loans. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. During 2024, we reversed accrued interest receivable of $41 million for our commercial portfolio segment and $401 million for our consumer portfolio segment, compared with $39 million and $275 million, respectively, for 2023. Table 5.1: Loans Outstanding (in millions) Dec 31, Dec 31, Commercial and industrial $ 381,241 380,388 Commercial real estate 136,505 150,616 Lease financing 16,413 16,423 Total commercial 534,159 547,427 Residential mortgage 250,269 260,724 Credit card 56,542 52,230 Auto 42,367 47,762 Other consumer (1) 29,408 28,539 Total consumer 378,586 389,255 Total loans $ 912,745 936,682 (1) Includes $21.4 billion and $18.3 billion at December 31, 2024 and 2023, respectively, of securities-based loans originated by the Wealth and Investment Management (WIM) operating segment. Our non-U.S. loans are reported by respective class of financing receivable in the table above. Substantially all of our non-U.S. loan portfolio is commercial loans. Table 5.2 presents total non-U.S. commercial loans outstanding by class of financing receivable. Table 5.2: Non-U.S. Commercial Loans Outstanding (in millions) Dec 31, Dec 31, Commercial and industrial $ 62,038 72,215 Commercial real estate 5,123 6,916 Lease financing 598 697 Total non-U.S. commercial loans $ 67,759 79,828
Loan Purchases, Sales, and Transfers	Table 5.3 presents the proceeds paid or received for purchases and sales of loans and transfers from loans held for investment to mortgages/loans held for sale. The table excludes loans for which we have elected the fair value option and government insured/guaranteed loans because their loan activity normally does not impact the ACL. Table 5.3: Loan Purchases, Sales, and Transfers Year ended December 31, 2024 2023 (in millions) Commercial Consumer Total Commercial Consumer Total Purchases $ 839 4 843 1,340 306 1,646 Sales and net transfers (to)/from LHFS (2,662) (194) (2,856) (3,313) (917) (4,230)
Unfunded Credit Commitments	The contractual amount of our unfunded credit commitments, including unissued letters of credit, is summarized in Table 5.4. The table is presented net of commitments syndicated to others, including the fronting arrangements described above, and excludes issued letters of credit and discretionary amounts where our approval or consent is required prior to any loan funding or commitment increase. Table 5.4: Unfunded Credit Commitments (in millions) Dec 31, Dec 31, Commercial and industrial $ 401,947 388,043 Commercial real estate 12,505 20,851 Total commercial 414,452 408,894 Residential mortgage (1) 23,872 29,754 Credit card 163,256 156,012 Other consumer 7,985 8,847 Total consumer 195,113 194,613 Total unfunded credit commitments $ 609,565 603,507 (1) Includes lines of credit totaling $22.5 billion and $28.6 billion as of December 31, 2024 and 2023 , respectively.
Allowance for Credit Losses for Loans	Table 5.5 presents the ACL for loans, which consists of the allowance for loan losses and the allowance for unfunded credit commitments. Total net loan charge-offs increased $1.3 billion from December 31, 2023, reflecting higher losses in our credit card portfolio driven by higher loan balances and higher losses in our commercial real estate portfolio driven by the office property type. The ACL for loans decreased $452 million from December 31, 2023, reflecting decreases across most loan portfolios, partially offset by increases for credit card loans. Table 5.5: Allowance for Credit Losses for Loans Year ended December 31, ($ in millions) 2024 2023 Balance, beginning of period $ 15,088 13,609 Cumulative effect from change in accounting policy (1) — (429) Balance, beginning of period, adjusted 15,088 13,180 Provision for credit losses 4,330 5,385 Loan charge-offs: Commercial and industrial (729) (510) Commercial real estate (945) (593) Lease financing (52) (31) Total commercial (1,726) (1,134) Residential mortgage (64) (136) Credit card (2,842) (2,009) Auto (652) (832) Other consumer (560) (485) Total consumer (4,118) (3,462) Total loan charge-offs (5,844) (4,596) Loan recoveries: Commercial and industrial 132 165 Commercial real estate 42 27 Lease financing 17 19 Total commercial 191 211 Residential mortgage 133 160 Credit card 387 329 Auto 296 354 Other consumer 65 72 Total consumer 881 915 Total loan recoveries 1,072 1,126 Net loan charge-offs (4,772) (3,470) Other (10) (7) Balance, end of period $ 14,636 15,088 Components: Allowance for loan losses $ 14,183 14,606 Allowance for unfunded credit commitments 453 482 Allowance for credit losses $ 14,636 15,088 Net loan charge-offs as a percentage of average total loans 0.52 % 0.37 Allowance for loan losses as a percentage of total loans 1.55 1.56 Allowance for credit losses for loans as a percentage of total loans 1.60 1.61 (1) Represents the change in our allowance for credit losses for loans as a result of our adoption of ASU 2022–02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, on January 1, 2023. For additional information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report.
Allowance for Credit Losses for Loans Activity by Portfolio Segment	Table 5.6 summarizes the activity in the ACL by our commercial and consumer portfolio segments. Table 5.6: Allowance for Credit Losses for Loans Activity by Portfolio Segment Year ended December 31, 2024 2023 (in millions) Commercial Consumer Total Commercial Consumer Total Balance, beginning of period $ 8,412 6,676 15,088 6,956 6,653 13,609 Cumulative effect from change in accounting policy (1) — — — 27 (456) (429) Balance, beginning of period, adjusted 8,412 6,676 15,088 6,983 6,197 13,180 Provision for credit losses 1,079 3,251 4,330 2,365 3,020 5,385 Loan charge-offs (1,726) (4,118) (5,844) (1,134) (3,462) (4,596) Loan recoveries 191 881 1,072 211 915 1,126 Net loan charge-offs (1,535) (3,237) (4,772) (923) (2,547) (3,470) Other (10) — (10) (13) 6 (7) Balance, end of period $ 7,946 6,690 14,636 8,412 6,676 15,088 (1) Represents the change in our allowance for credit losses for loans as a result of our adoption of ASU 2022–02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, on January 1, 2023. For additional information, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in this Report.
Commercial Loan Categories by Risk Categories and Vintage	Table 5.7 provides the outstanding balances of our commercial loan portfolio by risk category and credit quality information by origination year for term loans. Revolving loans may convert to term loans as a result of a contractual provision in the original loan agreement or if modified for a borrower experiencing financial difficulty. At December 31, 2024, we had $498.4 billion and $35.7 billion of pass and criticized commercial loans, respectively. Gross charge-offs by loan class are included in the following table for the years ended December 31, 2024 and 2023, which we monitor as part of our credit risk management practices; however, charge-offs are not a primary credit quality indicator for our loan portfolio. Table 5.7: Commercial Loan Categories by Risk Categories and Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2024 2023 2022 2021 2020 Prior December 31, 2024 Commercial and industrial Pass $ 46,670 23,891 23,142 13,883 4,963 10,892 241,365 1,247 366,053 Criticized 909 899 1,644 803 139 774 9,990 30 15,188 Total commercial and industrial 47,579 24,790 24,786 14,686 5,102 11,666 251,355 1,277 381,241 Gross charge-offs (1) 79 107 26 39 8 7 463 — 729 Commercial real estate Pass 22,021 11,432 25,314 21,096 8,193 23,121 5,872 179 117,228 Criticized 3,396 1,847 5,427 4,240 1,478 2,616 273 — 19,277 Total commercial real estate 25,417 13,279 30,741 25,336 9,671 25,737 6,145 179 136,505 Gross charge-offs 81 78 124 158 145 359 — — 945 Lease financing Pass 4,516 4,628 2,681 1,457 573 1,290 — — 15,145 Criticized 391 382 250 103 66 76 — — 1,268 Total lease financing 4,907 5,010 2,931 1,560 639 1,366 — — 16,413 Gross charge-offs 3 17 14 10 5 3 — — 52 Total commercial loans $ 77,903 43,079 58,458 41,582 15,412 38,769 257,500 1,456 534,159 Term loans by origination year Revolving loans Revolving loans converted to term loans Total 2023 2022 2021 2020 2019 Prior December 31, 2023 Commercial and industrial Pass $ 40,966 38,756 21,702 7,252 10,024 8,342 239,456 348 366,846 Criticized 892 1,594 1,237 160 204 480 8,975 — 13,542 Total commercial and industrial 41,858 40,350 22,939 7,412 10,228 8,822 248,431 348 380,388 Gross charge-offs (1) 102 22 53 11 8 7 307 — 510 Commercial real estate Pass 18,181 33,557 30,629 12,001 11,532 19,686 6,537 163 132,286 Criticized 2,572 4,091 4,597 1,822 2,748 2,141 359 — 18,330 Total commercial real estate 20,753 37,648 35,226 13,823 14,280 21,827 6,896 163 150,616 Gross charge-offs 20 107 32 134 197 103 — — 593 Lease financing Pass 5,593 3,846 2,400 1,182 798 1,518 — — 15,337 Criticized 345 292 182 98 84 85 — — 1,086 Total lease financing 5,938 4,138 2,582 1,280 882 1,603 — — 16,423 Gross charge-offs 3 8 8 5 4 3 — — 31 Total commercial loans $ 68,549 82,136 60,747 22,515 25,390 32,252 255,327 511 547,427 (1)
Commercial Loan Categories by Delinquency Status	Table 5.8 provides days past due (DPD) information for commercial loans, which we monitor as part of our credit risk management practices; however, delinquency is not a primary credit quality indicator for commercial loans. Table 5.8: Commercial Loan Categories by Delinquency Status Still accruing Nonaccrual loans Total (in millions) Current-29 DPD 30-89 DPD 90+ DPD December 31, 2024 Commercial and industrial $ 379,147 794 537 763 381,241 Commercial real estate 131,794 472 468 3,771 136,505 Lease financing 16,156 173 — 84 16,413 Total commercial loans $ 527,097 1,439 1,005 4,618 534,159 December 31, 2023 Commercial and industrial $ 379,099 584 43 662 380,388 Commercial real estate 145,721 562 145 4,188 150,616 Lease financing 16,177 182 — 64 16,423 Total commercial loans $ 540,997 1,328 188 4,914 547,427
Credit Quality Indicators for Residential Mortgage Loans by Vintage	Table 5.9 provides the outstanding balances of our residential mortgage loans by our primary credit quality indicators. Table 5.9: Credit Quality Indicators for Residential Mortgage Loans by Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 10,780 11,611 43,482 59,206 32,964 71,302 5,910 6,319 241,574 30-89 DPD 19 15 69 55 22 636 27 142 985 90+ DPD — 8 43 23 10 338 19 172 613 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 By updated FICO: 740+ $ 10,231 10,931 40,431 55,880 31,150 61,856 4,671 3,917 219,067 700-739 411 448 1,978 2,208 1,165 4,601 635 882 12,328 660-699 93 151 756 775 411 2,196 314 533 5,229 620-659 27 52 196 172 101 944 103 287 1,882 <620 2 15 139 130 56 1,209 133 449 2,133 No FICO available 35 37 94 119 113 1,470 100 565 2,533 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 By updated LTV: 0-80% $ 10,360 11,089 40,341 58,434 32,727 71,821 5,874 6,521 237,167 80.01-100% 398 482 3,088 758 193 259 61 72 5,311 >100% (2) 9 38 121 53 20 49 10 17 317 No LTV available 32 25 44 39 56 147 11 23 377 Government insured/guaranteed loans (1) 2 10 17 41 94 6,933 — — 7,097 Total $ 10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 Gross charge-offs $ — — — 1 2 27 2 32 64 Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2023 2022 2021 2020 2019 Prior December 31, 2023 By delinquency status: Current-29 DPD $ 13,192 46,065 62,529 35,124 19,364 60,391 8,044 6,735 251,444 30-89 DPD 6 70 58 28 30 724 41 151 1,108 90+ DPD — 18 12 8 14 327 24 201 604 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 By updated FICO: 740+ $ 12,243 42,550 58,827 33,232 18,000 50,938 6,291 4,092 226,173 700-739 679 2,324 2,510 1,219 888 4,478 883 979 13,960 660-699 185 843 861 422 310 2,261 417 601 5,900 620-659 45 227 179 110 66 978 150 322 2,077 <620 11 122 100 64 46 1,245 174 464 2,226 No FICO available 35 87 122 113 98 1,542 194 629 2,820 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 By updated LTV: 0-80% $ 12,434 39,624 61,421 34,833 19,123 61,043 7,903 6,923 243,304 80.01-100% 687 6,286 1,065 232 203 207 103 114 8,897 >100% (2) 51 193 57 33 31 38 21 24 448 No LTV available 26 50 56 62 51 154 82 26 507 Government insured/guaranteed loans (1) 5 15 39 97 112 7,300 — — 7,568 Total $ 13,203 46,168 62,638 35,257 19,520 68,742 8,109 7,087 260,724 Gross charge-offs $ — 1 — — 2 63 4 66 136 (1) Represents residential mortgage loans whose repayments are insured or guaranteed by U.S. government agencies, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Loans insured/guaranteed by U.S. government agencies and 90+ DPD totaled $2.8 billion and $2.6 billion at December 31, 2024 and 2023, respectively. (2) Reflects total loan balances with LTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV.
Credit Quality Indicators for Credit Card Loans	Table 5.10 provides the outstanding balances of our credit card loan portfolio by primary credit quality indicators. The revolving loans converted to term loans in the credit card loan category represent credit card loans with modified terms that require payment over a specific term. Table 5.10: Credit Quality Indicators for Credit Card Loans December 31, 2024 December 31, 2023 Revolving loans Revolving loans converted to term loans Revolving loans Revolving loans converted to term loans (in millions) Total Total By delinquency status: Current-29 DPD $ 54,389 535 54,924 50,428 350 50,778 30-89 DPD 699 67 766 660 49 709 90+ DPD 815 37 852 717 26 743 Total $ 55,903 639 56,542 51,805 425 52,230 By updated FICO: 740+ $ 21,784 28 21,812 19,153 21 19,174 700-739 12,359 74 12,433 11,727 51 11,778 660-699 11,093 132 11,225 10,592 84 10,676 620-659 5,356 117 5,473 5,273 76 5,349 <620 5,161 286 5,447 4,861 192 5,053 No FICO available 150 2 152 199 1 200 Total $ 55,903 639 56,542 51,805 425 52,230 Gross charge-offs $ 2,669 173 2,842 1,909 100 2,009
Credit Quality Indicators for Auto Loans by Vintage	Table 5.11 provides the outstanding balances of our Auto loan portfolio by primary credit quality indicators. Table 5.11: Credit Quality Indicators for Auto Loans by Vintage Term loans by origination year (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 13,846 9,175 8,415 7,205 2,042 684 41,367 30-89 DPD 32 63 270 380 122 60 927 90+ DPD 2 5 25 31 7 3 73 Total $ 13,880 9,243 8,710 7,616 2,171 747 42,367 By updated FICO: 740+ $ 8,758 6,197 4,358 3,199 841 249 23,602 700-739 2,483 1,307 1,188 1,020 307 101 6,406 660-699 1,689 864 1,028 930 280 95 4,886 620-659 623 401 667 661 198 72 2,622 <620 319 455 1,450 1,775 529 223 4,751 No FICO available 8 19 19 31 16 7 100 Total $ 13,880 9,243 8,710 7,616 2,171 747 42,367 Gross charge-offs $ 10 48 246 270 55 23 652 Term loans by origination year (in millions) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 By delinquency status: Current-29 DPD $ 14,022 13,052 12,376 4,335 2,161 448 46,394 30-89 DPD 43 328 545 195 106 40 1,257 90+ DPD 4 34 49 14 7 3 111 Total $ 14,069 13,414 12,970 4,544 2,274 491 47,762 By updated FICO: 740+ $ 9,460 6,637 5,487 1,853 963 176 24,576 700-739 2,232 1,969 1,861 701 347 68 7,178 660-699 1,405 1,745 1,729 623 295 61 5,858 620-659 572 1,162 1,228 425 195 46 3,628 <620 388 1,876 2,621 915 452 130 6,382 No FICO available 12 25 44 27 22 10 140 Total $ 14,069 13,414 12,970 4,544 2,274 491 47,762 Gross charge-offs $ 15 265 392 99 52 9 832
Credit Quality Indicators for Other Consumer Loans by Vintage	Table 5.12 provides the outstanding balances of our Other consumer loans portfolio by primary credit quality indicators. Table 5.12: Credit Quality Indicators for Other Consumer Loans by Vintage Term loans by origination year Revolving loans Revolving loans converted to term loans (in millions) 2024 2023 2022 2021 2020 Prior Total December 31, 2024 By delinquency status: Current-29 DPD $ 1,860 1,835 1,160 286 80 59 23,903 112 29,295 30-89 DPD 5 23 17 3 1 2 14 6 71 90+ DPD 2 9 7 2 — 1 13 8 42 Total $ 1,867 1,867 1,184 291 81 62 23,930 126 29,408 By updated FICO: 740+ $ 1,360 868 452 119 48 26 961 41 3,875 700-739 280 368 207 50 14 10 433 17 1,379 660-699 110 304 201 44 6 8 335 17 1,025 620-659 24 114 93 29 3 5 127 11 406 <620 14 120 112 29 4 7 138 16 440 No FICO available (1) 79 93 119 20 6 6 21,936 24 22,283 Total $ 1,867 1,867 1,184 291 81 62 23,930 126 29,408 Gross charge-offs (2) $ 150 165 127 31 5 6 66 10 560 Term loans by origination year Revolving loans Revolving loans converted to term loans Total (in millions) 2023 2022 2021 2020 2019 Prior December 31, 2023 By delinquency status: Current-29 DPD $ 3,273 2,132 571 167 93 61 21,988 106 28,391 30-89 DPD 24 32 9 1 1 2 17 6 92 90+ DPD 9 14 3 1 — 1 15 13 56 Total $ 3,306 2,178 583 169 94 64 22,020 125 28,539 By updated FICO: 740+ $ 1,911 926 265 85 36 28 1,152 27 4,430 700-739 642 409 107 27 14 10 507 16 1,732 660-699 403 365 93 16 11 8 395 16 1,307 620-659 129 166 45 6 6 5 147 11 515 <620 75 152 49 8 8 6 152 17 467 No FICO available (1) 146 160 24 27 19 7 19,667 38 20,088 Total $ 3,306 2,178 583 169 94 64 22,020 125 28,539 Gross charge-offs (2) $ 178 158 52 9 9 6 62 11 485 (1) Substantially all loans are revolving securities-based loans originated by the WIM operating segment and therefore do not require a FICO score. (2)
Nonaccrual Loans	Table 5.13 provides loans on nonaccrual status. Nonaccrual loans may have an ACL or a negative allowance for credit losses from expected recoveries of amounts previously written off. Table 5.13: Nonaccrual Loans Outstanding balance Recognized interest income Nonaccrual loans Nonaccrual loans without related allowance for credit losses (1) Year ended December 31, (in millions) Dec 31, Dec 31, Dec 31, Dec 31, 2024 2023 Commercial and industrial $ 763 662 2 149 29 17 Commercial real estate 3,771 4,188 41 107 25 29 Lease financing 84 64 17 10 — — Total commercial 4,618 4,914 60 266 54 46 Residential mortgage 2,991 3,192 1,887 2,047 177 192 Auto 89 115 — — 14 18 Other consumer 32 35 — — 4 4 Total consumer 3,112 3,342 1,887 2,047 195 214 Total nonaccrual loans $ 7,730 8,256 1,947 2,313 249 260 (1) Nonaccrual loans may not have an allowance for credit losses if the loss expectations are zero given the related collateral value.
Loans 90 Days or More Past Due and Still Accruing	Table 5.14 shows loans 90 days or more past due and still accruing by class for loans not government insured/guaranteed. Table 5.14: Loans 90 Days or More Past Due and Still Accruing (in millions) Dec 31, Dec 31, Total: $ 4,802 3,751 Less: government insured/guaranteed loans (1) 2,801 2,646 Total, not government insured/guaranteed $ 2,001 1,105 By segment and class, not government insured/guaranteed: Commercial and industrial $ 537 43 Commercial real estate 468 145 Total commercial 1,005 188 Residential mortgage 39 31 Credit card 852 743 Auto 71 101 Other consumer 34 42 Total consumer 996 917 Total, not government insured/guaranteed $ 2,001 1,105 (1) Represents residential mortgage loans whose repayments are insured or guaranteed by U.S. government agencies, such as the FHA or the VA.
Commercial Loan Modifications and Financial Effects	Table 5.15 presents the outstanding balance of modified commercial loans and the related financial effects of these modifications. At the time of modification, we may require that the borrower provide additional economic support, such as partial repayment, additional collateral, or guarantees. Table 5.15: Commercial Loan Modifications and Financial Effects Year ended December 31, ($ in millions) 2024 2023 Commercial and industrial modifications: Term extension $ 503 286 All other modifications and combinations 152 144 Total commercial and industrial modifications $ 655 430 Total commercial and industrial modifications as a % of loan class 0.17 % 0.11 Financial effects: Weighted average term extension (months) 25 15 Commercial real estate modifications: Term extension $ 2,085 458 All other modifications and combinations 336 9 Total commercial real estate modifications $ 2,421 467 Total commercial real estate modifications as a % of loan class 1.77 % 0.31 Financial effects: Weighted average term extension (months) 25 24
Payment Performance of Commercial Loan Modifications	Table 5.16 provides past due information on commercial loan modifications during the years ended December 31, 2024 and 2023, and the amount of related gross charge-offs during these periods. For loan modifications that include a payment deferral, payment performance is not included in the table below until the loan exits the deferral period and payments resume. Table 5.16: Payment Performance of Commercial Loan Modifications By delinquency status Gross charge-offs (in millions) Current-29 DPD 30-89 DPD 90+ DPD Total Year ended December 31, 2024 Commercial and industrial $ 609 35 28 672 112 Commercial real estate 2,292 94 37 2,423 13 Total commercial $ 2,901 129 65 3,095 125 December 31, 2023 Commercial and industrial $ 308 8 8 324 45 Commercial real estate 380 87 — 467 2 Total commercial $ 688 95 8 791 47
Consumer Loan Modifications and Financial Effects	Table 5.17 presents the outstanding balance of modified consumer loans and the related financial effects of these modifications. Modified loans within the Auto and Other consumer loan classes were insignificant for the years ended December 31, 2024 and 2023, and accordingly, are excluded from the following tables and disclosures. Loans in a trial payment period are not included in the following loan modification disclosures until the borrower has successfully completed the trial period and the loan modification is formally executed. Residential mortgage loans in a trial payment period totaled $98 million and $109 million at December 31, 2024 and 2023, respectively. Table 5.17: Consumer Loan Modifications and Financial Effects Year ended December 31, ($ in millions) 2024 2023 Residential mortgage modifications (1): Payment delay $ 363 472 Term extension 35 67 Term extension and payment delay 89 88 Interest rate reduction, and term extension, and payment delay 45 80 All other modifications and combinations 39 57 Total residential mortgage modifications $ 571 764 Total residential mortgage modifications as a % of loan class 0.23 % 0.29 Financial effects: Weighted average interest rate reduction 1.70 % 1.65 Weighted average payments deferred (months) (2) 6 5 Weighted average term extension (years) 10.8 9.8 Credit card modifications: Interest rate reduction $ 772 459 Total credit card modifications $ 772 459 Total credit card modifications as a % of loan class 1.37 % 0.88 Financial effects: Weighted average interest rate reduction 22.04 % 21.63 (1) Payment delay modifications include loan modifications that defer a set amount of principal to the end of the loan term. The outstanding balance of loans with principal deferred to the end of the loan term was $344 million and $292 million for the years ended December 31, 2024 and 2023, respectively. (2) Excludes the financial effects of loans with a set amount of principal deferred to the end of the loan term. The weighted average period of principal deferred was 24.6 years and 25.4 years for the years ended December 31, 2024 and 2023, respectively.
Payment Performance of Consumer Loan Modifications	Table 5.18 provides past due information on consumer loan modifications during the years ended December 31, 2024 and 2023, and the amount of related gross charge-offs during these periods. Table 5.18: Payment Performance of Consumer Loan Modifications By delinquency status Gross charge-offs (in millions) Current-29 DPD 30-89 DPD 90+ DPD Total Year ended December 31, 2024 Residential mortgage (1) $ 349 126 93 568 7 Credit card (2) 644 123 87 854 180 Total consumer $ 993 249 180 1,422 187 December 31, 2023 Residential mortgage (1) $ 460 120 180 760 9 Credit card (2) 344 68 47 459 82 Total consumer $ 804 188 227 1,219 91 (1) Loan modifications in an active payment deferral are excluded. Includes loans where delinquency status was not reset to current upon exit from the deferral period. (2) Credit card loans that are past due at the time of the modification do not become current until they have three consecutive months of payment performance.
TDR Modifications	Table 5.19 and Table 5.20 present TDR information for the period ended December 31, 2022. Table 5.19: TDR Modifications Primary modification type (1) Financial effects of modifications ($ in millions) Principal forgiveness Interest Other Total Charge- Weighted Recorded Year ended December 31, 2022 Commercial and industrial $ 24 24 349 397 — 10.69 % $ 24 Commercial real estate — 12 112 124 — 0.92 12 Lease financing — — 2 2 — — — Total commercial 24 36 463 523 — 7.51 36 Residential mortgage 1 369 1,357 1,727 6 1.61 369 Credit card — 311 — 311 — 20.33 311 Auto 2 7 63 72 16 4.33 7 Other consumer — 19 3 22 1 11.48 19 Trial modifications (5) — — 228 228 — — — Total consumer 3 706 1,651 2,360 23 10.14 706 Total $ 27 742 2,114 2,883 23 10.02 % $ 742 (1) Amounts represent the recorded investment in loans after recognizing the effects of the TDR, if any. TDRs may have multiple types of concessions, but are presented only once in the first modification type based on the order presented in the table above. The reported amounts include loans remodified of $445 million for the year ended December 31, 2022. (2) Other concessions include loans with payment (principal and/or interest) deferral, loans discharged in bankruptcy, loan renewals, term extensions and other interest and noninterest adjustments, but exclude modifications that also forgive principal and/or reduce the contractual interest rate. (3) Charge-offs include write-downs of the investment in the loan in the period it is contractually modified. The amount of charge-off will differ from the modification terms if the loan has been charged down prior to the modification based on our policies. In addition, there may be cases where we have a charge-off/down with no legal principal modification. (4) Recorded investment related to interest rate reduction reflects the effect of reduced interest rates on loans with an interest rate concession as one of their concession types, which includes loans reported as a principal primary modification type that also have an interest rate concession. (5) Trial modifications are granted a delay in payments due under the original terms during the trial payment period. However, these loans continue to advance through delinquency status and accrue interest according to their original terms. Any subsequent permanent modification generally includes interest rate related concessions; however, the exact concession type and resulting financial effect are usually not known until the loan is permanently modified. Trial modifications for the period are presented net of previously reported trial modifications that became permanent in the current period.
Defaulted TDRs	Table 5.20: Defaulted TDRs Recorded investment of defaults (in millions) Year ended December 31, 2022 Commercial and industrial $ 55 Commercial real estate 14 Total commercial 69 Residential mortgage 142 Credit card 43 Auto 21 Other consumer 2 Total consumer 208 Total $ 277

Mortgage Banking Activities (Ta

Mortgage Banking Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Mortgage Banking Activities [Abstract]
Mortgage Servicing Rights	Table 6.1 presents MSRs, including the changes in MSRs measured using the fair value method and the amortization method. Table 6.1: Mortgage Servicing Rights Year ended December 31, (in millions) 2024 2023 2022 Residential MSRs at fair value, beginning of period $ 7,468 9,310 6,920 Originations/purchases 94 161 1,003 Sales and other (1) (312) (902) (614) Net additions (reductions) (218) (741) 389 Changes in fair value: Due to valuation inputs or assumptions: Market interest rates (2) 538 228 3,417 Servicing and foreclosure costs (45) (14) (17) Discount rates (73) (149) 42 Prepayment estimates and other (3) 72 21 (188) Net changes in valuation inputs or assumptions 492 86 3,254 Changes due to collection/realization of expected cash flows (4) (898) (1,187) (1,253) Total changes in fair value (406) (1,101) 2,001 Residential MSRs at fair value, end of period 6,844 7,468 9,310 Commercial MSRs at amortized cost, end of period (5) 935 1,040 1,170 Total MSRs $ 7,779 8,508 10,480 (1) For the year ended December 31, 2022, residential MSRs decreased $611 million due to the sale of interest-only strips related to excess servicing cash flows from agency residential mortgage-backed securitizations. (2) Includes prepayment rate changes due to changes in market interest rates. Residential MSRs are economically hedged with derivative instruments to reduce exposure to changes in market interest rates. (3) Represents other changes in valuation model inputs or assumptions, including prepayment rate estimation changes that are independent of mortgage interest rate changes. (4) Represents the reduction in the residential MSR fair value for the cash flows expected to be collected during the period, net of income accreted due to the passage of time. (5) The estimated fair value of commercial MSRs was $1.5 billion, $1.6 billion, and $2.1 billion at December 31, 2024 and 2023, and 2022, respectively. In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial MSRs at amortized cost to be reduced.
Assumptions and Sensitivity of Residential MSRs	Table 6.2 provides key weighted-average assumptions used in the valuation of residential MSRs and sensitivity of the current fair value of residential MSRs to immediate adverse changes in those assumptions. See Note 15 (Fair Value Measurements) for additional information on key assumptions for residential MSRs. Table 6.2: Assumptions and Sensitivity of Residential MSRs ($ in millions, except cost to service amounts) Dec 31, 2024 Dec 31, 2023 Fair value of interests held $ 6,844 7,468 Expected weighted-average life (in years) 6.4 6.3 Key assumptions: Prepayment rate assumption (1) 8.1 % 8.9 Impact on fair value from 10% adverse change $ (191) (224) Impact on fair value from 25% adverse change (461) (538) Discount rate assumption 10.1 % 9.4 Impact on fair value from 100 basis point increase $ (270) (294) Impact on fair value from 200 basis point increase (519) (565) Cost to service assumption ($ per loan) 103 105 Impact on fair value from 10% adverse change (134) (148) Impact on fair value from 25% adverse change (334) (369) (1) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior.
Managed Servicing Portfolio	We present information for our managed servicing portfolio in Table 6.3 using unpaid principal balance for loans serviced and subserviced for others and carrying value for owned loans serviced. As the servicer of loans for others, we advance certain payments of principal, interest, taxes, insurance, and default- related expenses. The credit risk related to these advances is limited since the reimbursement is generally senior to cash payments to investors and are generally reimbursed within a short timeframe from cash flows from the trust, government-sponsored enterprise (GSEs), insurer, or borrower. We maintain an allowance for uncollectible amounts for advances on loans serviced for others that may not be reimbursed if the payments were not made in accordance with applicable servicing agreements or if the insurance or servicing agreements contain limitations on reimbursements. We also advance payments of taxes and insurance for our owned loans which are collectible from the borrower. Servicing advances on owned loans are written-off when deemed uncollectible. Table 6.3: Managed Servicing Portfolio Dec 31, 2024 Dec 31, 2023 ($ in billions, unless otherwise noted) Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Serviced and subserviced for others (1) $ 488 531 560 548 Owned loans serviced 252 117 262 128 Total managed servicing portfolio 740 648 822 676 Total serviced for others, excluding subserviced for others 487 522 560 539 MSRs as a percentage of loans serviced for others 1.41 % 0.18 1.33 0.19 Weighted average note rate (mortgage loans serviced for others) 3.76 5.05 3.76 5.27 Servicer advances, net of an allowance for uncollectible amounts ($ in millions) (1) $ 977 1,173 1,103 1,031 (1) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial mortgage loans serviced for others and commercial mortgage servicer advances to be reduced.
Mortgage Banking Noninterest Income	Table 6.4 presents the components of mortgage banking noninterest income. Table 6.4: Mortgage Banking Noninterest Income Year ended December 31, (in millions) 2024 2023 2022 Contractually specified servicing fees, late charges and ancillary fees $ 1,862 2,124 2,475 Unreimbursed servicing costs (1) (121) (115) (189) Amortization for commercial MSRs (2) (231) (238) (247) Changes due to collection/realization of expected cash flows (3) (A) (898) (1,187) (1,253) Net servicing fees 612 584 786 Changes in fair value of MSRs due to valuation inputs or assumptions (4) (B) 492 86 3,254 Net derivative losses from economic hedges (5) (522) (234) (3,507) Market-related valuation changes to residential MSRs, net of hedge results (30) (148) (253) Total net servicing income 582 436 533 Net gains on mortgage loan originations/sales (6) 465 393 850 Total mortgage banking noninterest income $ 1,047 829 1,383 Total changes in residential MSRs carried at fair value (A)+(B) $ (406) (1,101) 2,001 (1) Includes costs associated with foreclosures, unreimbursed interest advances to investors, other interest costs, and transaction costs associated with sales of residential MSRs. (2) Estimated future amortization expense for commercial MSRs was $220 million, $178 million, $141 million, $121 million, and $89 million for the years ended December 31, 2025, 2026, 2027, 2028, and 2029, respectively. (3) Represents the reduction in the cash flows expected to be collected during the period, net of income accreted due to the passage of time, for residential MSRs measured using the fair value method. (4) Refer to the analysis of changes in residential MSRs presented in Table 6.1 in this Note for more detail. (5) See Note 14 (Derivatives) for additional information on economic hedges for residential MSRs. (6) Includes net gains of $81 million, $95 million, and $2.5 billion for the years ended December 31, 2024, 2023, and 2022, respectively, related to derivatives used as economic hedges of mortgage loans held for sale and derivative loan commitments.

Intangible Assets and Other A_2

Intangible Assets and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Intangible Assets, Goodwill and Other Assets Disclosure [Abstract]
Goodwill	Table 7.1 shows the allocation of goodwill to our reportable operating segments. Table 7.1: Goodwill (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Consolidated Company December 31, 2022 $ 16,418 2,931 5,375 344 105 25,173 Foreign currency translation — 2 — — — 2 December 31, 2023 16,418 2,933 5,375 344 105 25,175 Foreign currency translation — (8) — — — (8) December 31, 2024 $ 16,418 2,925 5,375 344 105 25,167
Other Assets	Table 7.2 presents the components of other assets. Table 7.2: Other Assets (in millions) Dec 31, 2024 Dec 31, 2023 Corporate/bank-owned life insurance (1) $ 19,751 19,705 Accounts receivable (2) 19,608 30,541 Interest receivable: AFS and HTM debt securities 1,544 1,616 Loans 3,420 3,933 Trading and other 1,371 1,211 Operating lease assets (lessor) 5,286 5,558 Operating lease ROU assets (lessee) 3,850 3,412 Other (3) 18,472 12,839 Total other assets $ 73,302 78,815 (1) Corporate/bank-owned life insurance is recognized at cash surrender value. (2) Primarily includes derivatives clearinghouse receivables, trade date receivables, and servicer advances, which are recognized at amortized cost. (3) Predominantly includes income tax receivables, prepaid expenses, physical commodities inventory (recognized at LOCOM), and venture capital investments in consolidated portfolio companies.

Leasing Activity (Tables)

Leasing Activity (Tables)	12 Months Ended
	Dec. 31, 2024
Lessor Disclosure [Abstract]
Leasing Revenue	Table 8.1 presents the composition of our leasing revenue and Table 8.2 provides the components of our investment in lease financing. Noninterest income on leases, included in Table 8.1 is included in other noninterest income on our consolidated statement of income. Lease expense, included in other noninterest expense on our consolidated statement of income, was $633 million, $697 million, and $750 million for the years ended December 31, 2024, 2023, and 2022, respectively. Table 8.1: Leasing Revenue Year ended December 31, (in millions) 2024 2023 2022 Interest income on lease financing $ 904 740 600 Other lease revenue: Variable revenue on lease financing 92 97 114 Fixed revenue on operating leases 918 968 972 Variable revenue on operating leases 43 43 58 Other lease-related revenue (1) 178 129 125 Noninterest income on leases 1,231 1,237 1,269 Total leasing revenue $ 2,135 1,977 1,869 (1) Includes net gains (losses) on disposition of assets leased under operating leases or lease financings, and impairment charges.
Investment in Lease Financing	Table 8.2: Investment in Lease Financing (in millions) Dec 31, 2024 Dec 31, 2023 Lease receivables $ 15,290 15,142 Residual asset values 3,712 3,678 Unearned income (2,589) (2,397) Lease financing $ 16,413 16,423
Maturities of Lease Receivables	Table 8.3 presents future lease payments owed by our lessees. Table 8.3: Maturities of Lease Receivables December 31, 2024 (in millions) Direct financing and sales- type leases Operating leases 2025 $ 4,628 562 2026 3,562 423 2027 2,548 317 2028 1,622 222 2029 908 141 Thereafter 2,022 258 Total lease receivables $ 15,290 1,923
Lessee Disclosure [Abstract]
Operating Lease Right-of-Use (ROU) Assets and Lease Liabilities	Table 8.4 presents balances for our operating leases. Table 8.4: Operating Lease Right-of-Use (ROU) Assets and Lease Liabilities (in millions) Dec 31, 2024 Dec 31, 2023 ROU assets $ 3,850 3,412 Lease liabilities 4,423 4,060
Lease Costs	Table 8.5 provides the composition of our lease costs, which are included in occupancy expense. Table 8.5: Lease Costs Year ended December 31, (in millions) 2024 2023 2022 Fixed lease expense – operating leases $ 971 990 1,022 Variable lease expense 271 268 277 Other (1) (43) (52) (37) Total lease costs $ 1,199 1,206 1,262 (1) Includes gains recognized from sale leaseback transactions and sublease rental income.
Lease Payments on Operating Leases	Table 8.6 provides the future lease payments under operating leases as well as information on the remaining average lease term and discount rate as of December 31, 2024. Table 8.6: Lease Payments on Operating Leases (in millions, except for weighted averages) Dec 31, 2024 2025 $ 889 2026 938 2027 799 2028 661 2029 473 Thereafter 1,234 Total lease payments 4,994 Less: imputed interest 571 Total operating lease liabilities $ 4,423 Weighted average remaining lease term (in years) 6.6 Weighted average discount rate 3.6 %

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2024
Deposits [Abstract]
Time Deposits	Table 9.1 presents a summary of both time certificates of deposit (CDs) and other time deposits issued by domestic and non-U.S. offices. Table 9.1: Time Deposits December 31, (in millions) 2024 2023 Total time deposits $ 139,865 192,267 Time deposits in excess of $250,000 29,675 57,489
Contractual Maturities of Time Deposits	The contractual maturities of time deposits are presented in Table 9.2. Table 9.2: Contractual Maturities of Time Deposits (in millions) December 31, 2024 2025 $ 126,470 2026 5,919 2027 3,554 2028 3,005 2029 614 Thereafter 303 Total $ 139,865

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Long-Term Debt, Current and Noncurrent [Abstract]
Long-Term Debt	Table 10.1 presents a summary of our long-term debt carrying values, which reflects unamortized debt discounts and premiums and hedge basis adjustments, unless we have elected the fair value option. See Note 14 (Derivatives) for additional information on qualifying hedge contracts and Note 15 (Fair Value Measurements) for additional information on fair value option elections. The interest rates displayed represent the range of contractual rates in effect at December 31, 2024. These interest rates do not include the effects of any associated derivatives designated in a hedge accounting relationship. Table 10.1: Long-Term Debt December 31, 2024 2023 (in millions) Maturity date(s) Stated interest rate(s) Wells Fargo & Company (Parent only) Senior Fixed-rate notes 2025-2045 0.63-6.75% $ 33,194 42,384 Floating-rate notes 2026-2048 3.90-6.51% 3,339 1,046 FixFloat notes 2026-2053 1.74-6.49% 85,130 77,958 Structured notes (1) 7,189 6,900 Total senior debt – Parent 128,852 128,288 Subordinated Fixed-rate notes (2) 2025-2046 3.87-7.57% 17,091 18,841 Total subordinated debt – Parent 17,091 18,841 Junior subordinated Fixed-rate notes 2029-2036 5.95-7.95% 789 828 Floating-rate notes 2027 5.41-5.92% 368 355 Total junior subordinated debt – Parent 1,157 1,183 Total long-term debt – Parent (2) 147,100 148,312 Wells Fargo Bank, N.A., and other bank entities (Bank) Senior Fixed-rate notes 2025-2026 4.81-5.55% 8,262 6,506 Floating-rate notes 2025-2053 4.29-6.18% 1,864 1,416 Floating-rate advances – Federal Home Loan Bank (FHLB) (3) 2025 4.83-4.85% 3,000 38,000 Structured notes (1) 2,582 1,137 Finance leases 2025-2029 1.69-4.90% 16 19 Total senior debt – Bank 15,724 47,078 Subordinated Fixed-rate notes 2025-2038 5.85-7.74% 3,236 3,416 Total subordinated debt – Bank 3,236 3,416 Junior subordinated Floating-rate notes 2027 5.36-5.57% 429 414 Total junior subordinated debt – Bank (4) 429 414 Credit card securitizations (5) 2027 4.29-4.94% 2,240 — Other bank debt (6) 2025-2064 0.50-8.75% 3,080 7,558 Total long-term debt – Bank $ 24,709 58,466 (continued on following page) (continued from previous page) December 31, 2024 2023 (in millions) Maturity date(s) Stated interest rate(s) Other consolidated subsidiaries Senior Structured notes (1) $ 1,269 810 Total long-term debt – Other consolidated subsidiaries 1,269 810 Total long-term debt (7) $ 173,078 207,588 (1) Includes certain structured notes that have coupon or repayment terms linked to the performance of debt or equity securities, an embedded equity, commodity, or currency index, or basket of indices, for which the maturity may be accelerated based on the value of a referenced index or security. In addition, a major portion consists of zero coupon notes where interest is paid as part of the final redemption amount. (2) Includes fixed-rate subordinated notes issued by the Parent at a discount of $114 million and $118 million at December 31, 2024 and 2023, respectively, and debt issuance costs of $2 million at both December 31, 2024 and 2023, to effect a modification of Wells Fargo Bank, N.A., notes. These subordinated notes are carried at their par amount on the consolidated balance sheet of the Parent presented in Note 27 (Parent-Only Financial Statements). In addition, Parent long-term debt presented in Note 27 also includes affiliate related issuance costs of $365 million and $379 million at December 31, 2024 and 2023, respectively. (3) We pledge certain assets as collateral to secure advances from the FHLB. For additional information, see Note 19 (Pledged Assets and Collateral). (4) Includes $429 million and $414 million of junior subordinated debentures held by unconsolidated wholly-owned trust preferred security VIEs at December 31, 2024 and 2023, respectively. See Note 16 (Securitizations and Variable Interest Entities) for additional information about trust preferred security VIEs. (5) We pledge certain assets as collateral which can only be used to settle the liabilities of the consolidated VIE. For additional information about credit card securitizations, see Note 16 (Securitizations and Variable Interest Entities). (6) Effective January 1, 2024, we reclassified $4.9 billion of unfunded commitment liabilities for affordable housing investments to accrued expenses and other liabilities in connection with the adoption of ASU 2023-02. For additional information, see Note 1 (Summary of Significant Accounting Policies). (7) The majority of long-term debt is redeemable at our option at one or more dates prior to contractual maturity.
Maturity of Long-Term Debt	The aggregate carrying value of long-term debt that matures (based on contractual payment dates) as of December 31, 2024, in each of the following five years and thereafter is presented in Table 10.2. Table 10.2: Maturity of Long-Term Debt December 31, 2024 (in millions) 2025 2026 2027 2028 2029 Thereafter Total Wells Fargo & Company (Parent Only) Senior debt $ 8,771 24,321 7,787 20,286 10,742 56,945 128,852 Subordinated debt 940 2,683 2,390 — — 11,078 17,091 Junior subordinated debt — — 368 — 266 523 1,157 Total long-term debt – Parent 9,711 27,004 10,545 20,286 11,008 68,546 147,100 Wells Fargo Bank, N.A., and other bank entities (Bank) Senior debt 7,826 7,687 3 28 2 178 15,724 Subordinated debt 150 — 26 193 — 2,867 3,236 Junior subordinated debt — — 429 — — — 429 Credit card securitizations — — 2,240 — — — 2,240 Other bank debt 110 58 71 71 47 2,723 3,080 Total long-term debt – Bank 8,086 7,745 2,769 292 49 5,768 24,709 Other consolidated subsidiaries Senior debt 377 220 43 5 288 336 1,269 Total long-term debt – Other consolidated subsidiaries 377 220 43 5 288 336 1,269 Total long-term debt $ 18,174 34,969 13,357 20,583 11,345 74,650 173,078

Preferred Stock (Tables)

Preferred Stock (Tables)	12 Months Ended
	Dec. 31, 2024
Preferred Stock [Abstract]
Preferred Stock	Table 11.1 summarizes information about our preferred stock. Table 11.1: Preferred Stock December 31, 2024 December 31, 2023 (in millions, except shares) Earliest redemption date Shares Shares issued and outstanding Liquidation preference value Carrying Shares Shares Liquidation preference value Carrying value DEP Shares Dividend Equalization Preferred Shares (DEP) Currently redeemable 97,000 96,546 $ — — 97,000 96,546 $ — — Preferred Stock: Series L (1) 7.50% Non-Cumulative Perpetual Convertible Class A — 4,025,000 3,967,906 3,968 3,200 4,025,000 3,967,981 3,968 3,200 Series R 6.625% Fixed-to-Floating Non-Cumulative Perpetual Class A Redeemed — — — — 34,500 33,600 840 840 Series S 5.90% Fixed-to-Floating Non-Cumulative Perpetual Class A Redeemed — — — — 80,000 80,000 2,000 2,000 Series U 5.875% Fixed-to-Floating Non-Cumulative Perpetual Class A 6/15/2025 80,000 80,000 2,000 2,000 80,000 80,000 2,000 2,000 Series Y 5.625% Non-Cumulative Perpetual Class A Currently redeemable 27,600 27,600 690 690 27,600 27,600 690 690 Series Z 4.75% Non-Cumulative Perpetual Class A 3/15/2025 80,500 80,500 2,013 2,013 80,500 80,500 2,013 2,013 Series AA 4.70% Non-Cumulative Perpetual Class A 12/15/2025 46,800 46,800 1,170 1,170 46,800 46,800 1,170 1,170 Series BB 3.90% Fixed-Reset Non-Cumulative Perpetual Class A 3/15/2026 140,400 140,400 3,510 3,510 140,400 140,400 3,510 3,510 Series CC 4.375% Non-Cumulative Perpetual Class A 3/15/2026 46,000 42,000 1,050 1,050 46,000 42,000 1,050 1,050 Series DD 4.25% Non-Cumulative Perpetual Class A 9/15/2026 50,000 50,000 1,250 1,250 50,000 50,000 1,250 1,250 Series EE 7.625% Fixed-Reset Non-Cumulative Perpetual Class A 9/15/2028 69,000 69,000 1,725 1,725 69,000 69,000 1,725 1,725 Series FF 6.85% Fixed-Reset Non-Cumulative Perpetual Class A 9/15/2029 80,000 80,000 2,000 2,000 — — — — Total 4,742,300 4,680,752 $ 19,376 18,608 4,776,800 4,714,427 $ 20,216 19,448 (1) At the option of the holder, each share of Series L Preferred Stock may be converted at any time into 6.3814 shares of common stock, plus cash in lieu of fractional shares, subject to anti-dilution adjustments. If converted within 30 days of certain liquidation or change of control events, the holder may receive up to 16.5916 additional shares, or, at our option, receive an equivalent amount of cash in lieu of common stock. We may convert some or all of the Series L Preferred Stock into shares of common stock if the closing price of our common stock exceeds 130 percent of the conversion price of the Series L Preferred Stock for 20 trading days during any period of 30 consecutive trading days. We declared dividends of $298 million on Series L Preferred Stock in each of the years ended December 31, 2024, 2023, and 2022.

Common Stock and Stock Plans (T

Common Stock and Stock Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Common Stock Shares	Table 12.1 and Table 12.2 present information related to our common stock. Table 12.1: Common Stock Shares Number of shares Shares reserved (1) 233,154,695 Shares issued 5,481,811,474 Shares not reserved or issued 3,285,033,831 Total shares authorized 9,000,000,000 (1) Shares reserved for employee stock plans (employee restricted share rights, performance share awards, 401(k), and deferred compensation plans), convertible securities, dividend reinvestment and common stock purchase plans, and director plans.
Common Stock Shares Outstanding	Table 12.2: Common Stock Shares Outstanding Number of Shares Year ended December 31, (in millions) 2024 2023 2022 Balance, beginning of period 3,598.9 3,833.8 3,885.8 Issued 22.8 37.2 43.5 Repurchased (332.8) (272.1) (110.4) Issued to ESOP — — 14.9 Balance, end of period 3,288.9 3,598.9 3,833.8
Stock Compensation Expense	Table 12.3 summarizes the major components of stock compensation expense and the related recognized tax benefit. Table 12.3: Stock Compensation Expense Year ended December 31, (in millions) 2024 2023 2022 RSRs $ 1,180 1,069 947 Performance shares 101 53 31 Total stock compensation expense $ 1,281 1,122 978 Related recognized tax benefit $ 317 277 242
Restricted Share Rights	A summary of the status of our RSRs at December 31, 2024, and changes during 2024 is presented in Table 12.4. Table 12.4: Restricted Share Rights Number Weighted- Nonvested at January 1, 2024 59,547,247 $ 43.07 Granted 28,897,700 50.59 Vested (23,954,867) 46.54 Canceled or forfeited (2,448,184) 46.54 Nonvested at December 31, 2024 62,041,896 45.10
Performance Share Awards	A summary of the status of our PSAs at December 31, 2024, and changes during 2024 is in Table 12.5, based on the performance adjustments recognized as of December 2024. Table 12.5: Performance Share Awards Number Weighted- average grant-date fair value Nonvested at January 1, 2024 4,287,823 $ 36.51 Granted 1,563,471 44.57 Vested (2,403,495) 46.24 Canceled or forfeited (8,431) 39.09 Nonvested at December 31, 2024 3,439,368 33.37

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional or Contractual Amounts and Fair Values of Derivatives	Table 14.1 presents the total notional or contractual amounts and fair values for our derivatives. Derivative transactions can be measured in terms of the notional amount, but this amount is not recorded on our consolidated balance sheet and is not, when viewed in isolation, a meaningful measure of the risk profile of the instruments. The notional amount is generally not exchanged, but is used only as the basis on which derivative cash flows are determined. Table 14.1: Notional or Contractual Amounts and Fair Values of Derivatives December 31, 2024 December 31, 2023 Notional or contractual amount Fair value Notional or contractual amount Fair value Derivative assets Derivative liabilities Derivative assets Derivative liabilities (in millions) Derivatives designated as hedging instruments Interest rate contracts $ 294,127 352 863 357,096 639 570 Commodity contracts 4,756 17 10 2,600 24 12 Foreign exchange contracts 3,326 12 370 4,193 60 395 Total derivatives designated as qualifying hedging instruments 381 1,243 723 977 Derivatives not designated as hedging instruments Interest rate contracts 9,510,281 28,463 30,272 10,409,720 31,806 36,312 Commodity contracts 96,321 2,624 1,623 88,491 2,717 2,734 Equity contracts 487,097 15,201 15,606 438,458 13,305 13,810 Foreign exchange contracts 3,506,412 51,944 50,555 2,273,383 24,707 26,762 Credit contracts 47,557 96 50 60,439 113 44 Total derivatives not designated as hedging instruments 98,328 98,106 72,648 79,662 Total derivatives before netting 98,709 99,349 73,371 80,639 Netting (78,697) (83,014) (55,148) (62,144) Total $ 20,012 16,335 18,223 18,495
Offsetting of Derivative Assets and Liabilities	Table 14.2 provides information on the fair values of derivative assets and liabilities subject to legally enforceable master netting arrangements with the same counterparty, the balance sheet netting adjustments and the resulting net fair value amount recorded on our consolidated balance sheet, as well as the non-cash collateral associated with such arrangements. In addition to the netting amounts included in the table, we also have balance sheet netting related to resale and repurchase agreements that are disclosed within Note 18 (Securities Financing Activities). Table 14.2: Offsetting of Derivative Assets and Liabilities December 31, 2024 December 31, 2023 (in millions) Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Interest rate contracts Over-the-counter (OTC) $ 26,350 27,786 29,040 31,809 OTC cleared 961 1,126 1,581 1,397 Exchange traded 178 121 195 201 Total interest rate contracts 27,489 29,033 30,816 33,407 Commodity contracts OTC 1,936 1,121 2,014 2,254 Exchange traded 301 327 512 356 Total commodity contracts 2,237 1,448 2,526 2,610 Equity contracts OTC 6,139 9,977 5,375 8,501 Exchange traded 7,195 4,271 4,790 3,970 Total equity contracts 13,334 14,248 10,165 12,471 Foreign exchange contracts OTC 51,541 50,654 24,511 26,961 Total foreign exchange contracts 51,541 50,654 24,511 26,961 Credit contracts OTC 91 46 77 39 Total credit contracts 91 46 77 39 Total derivatives subject to enforceable master netting arrangements, gross 94,692 95,429 68,095 75,488 Less: Gross amounts offset Counterparty netting (1) (69,080) (68,945) (50,692) (50,606) Cash collateral netting (9,617) (14,069) (4,456) (11,538) Total derivatives subject to enforceable master netting arrangements, net 15,995 12,415 12,947 13,344 Derivatives not subject to enforceable master netting arrangements 4,017 3,920 5,276 5,151 Total derivatives recognized in consolidated balance sheet, net 20,012 16,335 18,223 18,495 Non-cash collateral (4,024) (2,853) (2,587) (4,388) Total Derivatives, net $ 15,988 13,482 15,636 14,107 (1) Represents amounts with counterparties subject to enforceable master netting arrangements that have been offset in our consolidated balance sheet, including portfolio level valuation adjustments related to customer accommodation and other trading derivatives. These valuation adjustments were primarily related to interest rate and foreign exchange contracts. Tables 14.7 and 14.8 present information related to derivative valuation adjustments.
Gains (Losses) Recognized on Cash Flow Hedging Relationships	Table 14.3 and Table 14.4 show the net gains (losses) related to derivatives in cash flow and fair value hedging relationships, respectively. Table 14.3: Gains (Losses) Recognized on Cash Flow Hedging Relationships Net interest income Total recorded in net income Total recorded in OCI (in millions) Loans Other interest income Long-term debt Derivative gains (losses) Derivative gains (losses) Year ended December 31, 2024 Total amounts presented in the consolidated statement of income and other comprehensive income $ 57,895 13,672 (12,463) N/A (356) Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (444) (396) — (840) 840 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1,222) Total gains (losses) (pre-tax) on interest rate contracts (444) (396) — (840) (382) Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (7) (7) 7 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1) Total gains (losses) (pre-tax) on foreign exchange contracts — — (7) (7) 6 Total gains (losses) (pre-tax) recognized on cash flow hedges $ (444) (396) (7) (847) (376) Year ended December 31, 2023 Total amounts presented in the consolidated statement of income and other comprehensive income $ 57,155 10,810 (11,572) N/A 545 Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (267) (449) — (716) 716 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (201) Total gains (losses) (pre-tax) on interest rate contracts (267) (449) — (716) 515 Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (8) (8) 8 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A — Total gains (losses) (pre-tax) on foreign exchange contracts — — (8) (8) 8 Total gains (losses) (pre-tax) recognized on cash flow hedges $ (267) (449) (8) (724) 523 Year ended December 31, 2022 Total amounts presented in the consolidated statement of income and other comprehensive income $ 37,715 3,308 (5,505) N/A (1,448) Interest rate contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income (20) 24 — 4 (4) Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (1,524) Total gains (losses) (pre-tax) on interest rate contracts (20) 24 — 4 (1,528) Foreign exchange contracts: Realized gains (losses) (pre-tax) reclassified from OCI into net income — — (10) (10) 10 Net unrealized gains (losses) (pre-tax) recognized in OCI N/A N/A N/A N/A (17) Total gains (losses) (pre-tax) on foreign exchange contracts — — (10) (10) (7) Total gains (losses) (pre-tax) recognized on cash flow hedges $ (20) 24 (10) (6) (1,535)
Gains (Losses) Recognized on Fair Value Hedging Relationships	Table 14.4: Gains (Losses) Recognized on Fair Value Hedging Relationships Net interest income Noninterest income Total recorded in net income Total recorded in OCI (in millions) Debt securities Deposits Long-term debt Net gains from trading and securities Other Derivative gains (losses) Derivative gains (losses) Year ended December 31, 2024 Total amounts presented in the consolidated statement of income and other comprehensive income $ 18,042 (24,282) (12,463) 5,434 2,321 N/A (356) Interest contracts Amounts related to cash flows on derivatives 864 (398) (3,752) — — (3,286) N/A Recognized on derivatives 212 (57) (2,109) — — (1,954) — Recognized on hedged items (202) 47 2,072 — — 1,917 N/A Total gains (losses) (pre-tax) on interest rate contracts 874 (408) (3,789) — — (3,323) — Foreign exchange contracts Amounts related to cash flows on derivatives — — (114) — — (114) N/A Recognized on derivatives — — 6 (103) — (97) 20 Recognized on hedged items — — (19) 105 — 86 N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (127) 2 — (125) 20 Commodity contracts Recognized on derivatives — — — — (372) (372) — Recognized on hedged items — — — — 456 456 N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 84 84 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 874 (408) (3,916) 2 84 (3,364) 20 Year ended December 31, 2023 Total amounts presented in the consolidated statement of income and other comprehensive income $ 16,108 (16,503) (11,572) 4,368 1,935 N/A 545 Interest contracts Amounts related to cash flows on derivatives 1,137 (346) (3,490) — — (2,699) N/A Recognized on derivatives (536) 312 2,634 — — 2,410 — Recognized on hedged items 534 (304) (2,631) — — (2,401) N/A Total gains (losses) (pre-tax) on interest rate contracts 1,135 (338) (3,487) — — (2,690) — Foreign exchange contracts Amounts related to cash flows on derivatives — — (223) — — (223) N/A Recognized on derivatives — — 75 — 108 183 22 Recognized on hedged items — — (98) — (99) (197) N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (246) — 9 (237) 22 Commodity contracts Recognized on derivatives — — — — 34 34 — Recognized on hedged items — — — — 45 45 N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 79 79 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 1,135 (338) (3,733) — 88 (2,848) 22 Year ended December 31, 2022 Total amounts presented in the consolidated statement of income and other comprehensive income $ 11,781 (2,349) (5,505) 1,461 2,821 N/A (1,448) Interest contracts Amounts related to cash flows on derivatives 143 65 313 — — 521 N/A Recognized on derivatives 3,616 (345) (18,056) — — (14,785) — Recognized on hedged items (3,576) 350 17,919 — — 14,693 N/A Total gains (losses) (pre-tax) on interest rate contracts 183 70 176 — — 429 — Foreign exchange contracts Amounts related to cash flows on derivatives — — (189) — — (189) N/A Recognized on derivatives — — (1,120) — (1,021) (2,141) 87 Recognized on hedged items — — 1,097 — 1,005 2,102 N/A Total gains (losses) (pre-tax) on foreign exchange contracts — — (212) — (16) (228) 87 Commodity contracts Recognized on derivatives — — — — 57 57 — Recognized on hedged items — — — — (43) (43) N/A Total gains (losses) (pre-tax) on commodity contracts — — — — 14 14 — Total gains (losses) (pre-tax) recognized on fair value hedges $ 183 70 (36) — (2) 215 87
Hedged Items in Fair Value Hedging Relationships	Table 14.5 shows the carrying amount and associated cumulative basis adjustment related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships. Table 14.5: Hedged Items in Fair Value Hedging Relationships Hedged items currently designated Hedged items no longer designated (in millions) Carrying amount of assets/(liabilities) (1)(2) Hedge accounting Carrying amount of assets/(liabilities) (2) Hedge accounting basis adjustment December 31, 2024 Available-for-sale debt securities (4)(5) $ 37,410 (1,546) 10,778 312 Other assets (6) 4,787 100 — — Interest-bearing deposits (54,084) (56) — — Long-term debt (151,743) 12,858 — — December 31, 2023 Available-for-sale debt securities (4)(5) $ 55,898 (2,384) 13,418 504 Other assets (6) 2,262 67 — — Interest-bearing deposits (89,641) (101) — — Long-term debt (146,940) 10,990 — — (1) Does not include the carrying amount of hedged items where only foreign currency risk is the designated hedged risk. The carrying amount excluded $ 260 million 404 million (2) Represents the full carrying amount of the hedged asset or liability item as of the balance sheet date, except for circumstances in which only a portion of the asset or liability was designated as the hedged item in which case only the portion designated is presented. (3) The balance includes $566 million and $731 million of long-term debt cumulative basis adjustments as of December 31, 2024 and 2023, respectively, on terminated hedges whereby the hedged items have subsequently been re-designated into existing hedges. (4) Carrying amount represents the amortized cost. (5) At December 31, 2024 and 2023, the amortized cost of closed portfolios of AFS debt securities using the portfolio layer method was $18.6 billion and $28.2 billion, respectively, of which $9.0 billion and $25.8 billion was designated as hedged, respectively. The balance includes cumulative basis adjustments of $(43) million and $(46) million as of December 31, 2024 and 2023, respectively, related to certain AFS debt securities designated as the hedged item in a fair value hedge using the portfolio layer method. (6) Other assets consists of hedged physical commodity inventory.
Gains (Losses) on Economic Hedge Derivatives	Table 14.6 shows the net gains (losses) related to economic hedge derivatives. Gains (losses) on customer accommodation trading derivatives are excluded from Table 14.6. For additional information, see Note 2 (Trading Activities). Table 14.6: Gains (Losses) on Economic Hedge Derivatives Year ended December 31, (in millions) 2024 2023 2022 Interest rate contracts (1) $ (633) (321) (2,202) Equity contracts (2) (17) (177) (1,147) Foreign exchange contracts (3) 300 (824) 547 Credit contracts (4) 4 13 6 Net gains (losses) recognized related to economic hedge derivatives $ (346) (1,309) (2,796) (1) Derivative gains and (losses) related to mortgage banking activities were recorded in mortgage banking noninterest income. These activities include hedges of residential MSRs, residential mortgage LHFS, derivative loan commitments, and other interests held. For additional information on our mortgage banking interest rate contracts, see Note 6 (Mortgage Banking Activities). Other derivative gains and (losses) not related to mortgage banking were recorded in other noninterest income. (2) Includes derivative gains and (losses) used to economically hedge the deferred compensation plan liabilities, which were recorded in personnel noninterest expense, and derivative instruments related to our previous sales of shares of Visa Inc. Class B common stock, which were recorded in other noninterest income. (3) Includes derivatives used to mitigate foreign exchange risk of specified foreign currency-denominated assets and liabilities. In 2024, gains and (losses) were recorded in net gains from trading and securities within noninterest income. Prior to 2024, gains and (losses) were recorded in other noninterest income. (4) Includes credit derivatives used to mitigate credit risk associated with loans. Gains and (losses) were recorded in other noninterest income.
Net Gains (Losses) from Derivative Valuation Adjustments	Table 14.7 presents the impact of derivative valuation adjustments (excluding the effect of any related hedges), which are included in net gains (losses) from trading and securities on the consolidated statement of income. For additional information, see Note 2 (Trading Activities). Table 14.7: Net Gains (Losses) from Derivative Valuation Adjustments Year ended December 31, (in millions) 2024 2023 2022 CVA $ 17 80 (88) DVA 4 (109) 173 FVA (85) — — Total $ (64) (29) 85
Derivative Valuation Adjustments	Table 14.8 presents the impact of derivative valuation adjustments on derivative fair values. Table 14.8: Derivative Valuation Adjustments Contra Liability (Contra Asset) (in millions) Dec 31, Dec 31, CVA $ (275) (292) DVA 226 222 FVA, net (85) — Total derivative valuation adjustments $ (134) (70)
Sold Credit Derivatives	Table 14.9 provides details of sold credit derivatives. Table 14.9: Sold Credit Derivatives Notional amount (in millions) Protection sold Protection sold – non-investment grade December 31, 2024 Credit default swaps $ 10,516 684 Risk participation swaps 6,007 3,779 Total credit derivatives $ 16,523 4,463 December 31, 2023 Credit default swaps $ 18,453 1,399 Risk participation swaps 6,632 6,485 Total credit derivatives $ 25,085 7,884
Credit-Risk Contingent Features	Table 14.10 illustrates our exposure to OTC bilateral derivative contracts with credit-risk contingent features, collateral we have posted, and the additional collateral we would be required to post if the credit rating of our debt was downgraded below investment grade. Table 14.10: Credit-Risk Contingent Features (in billions) Dec 31, Dec 31, Net derivative liabilities with credit-risk contingent features $ 23.8 23.7 Collateral posted 19.8 21.4 Additional collateral to be posted upon a below investment grade credit rating (1) 4.1 2.3 (1) Any credit rating below investment grade requires us to post the maximum amount of collateral.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value on a Recurring Basis	Table 15.1 presents the balances of assets and liabilities recorded at fair value on a recurring basis. Table 15.1: Fair Value on a Recurring Basis December 31, 2024 December 31, 2023 (in millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Trading debt securities: Securities of U.S. Treasury and federal agencies $ 38,320 3,829 — 42,149 32,178 3,027 — 35,205 Collateralized loan obligations — 847 80 927 — 762 64 826 Corporate debt securities — 17,341 45 17,386 — 12,859 82 12,941 Federal agency mortgage-backed securities — 52,908 — 52,908 — 42,944 — 42,944 Non-agency mortgage-backed securities — 1,702 1 1,703 — 1,477 10 1,487 Other debt securities — 6,132 — 6,132 — 3,898 1 3,899 Total trading debt securities 38,320 82,759 126 121,205 32,178 64,967 157 97,302 Available-for-sale debt securities: Securities of U.S. Treasury and federal agencies 23,285 — — 23,285 45,467 — — 45,467 Securities of U.S. states and political subdivisions — 12,018 17 12,035 — 20,009 57 20,066 Federal agency mortgage-backed securities — 123,029 — 123,029 — 59,578 — 59,578 Non-agency mortgage-backed securities — 1,804 2 1,806 — 2,748 1 2,749 Collateralized loan obligations — 2,202 — 2,202 — 1,533 — 1,533 Other debt securities — 424 197 621 — 892 163 1,055 Total available-for-sale debt securities 23,285 139,477 216 162,978 45,467 84,760 221 130,448 Loans held for sale — 4,533 180 4,713 — 2,444 448 2,892 Mortgage servicing rights (residential) — — 6,844 6,844 — — 7,468 7,468 Derivative assets (gross): Interest rate contracts 178 28,070 567 28,815 195 31,434 816 32,445 Commodity contracts — 2,602 39 2,641 — 2,723 18 2,741 Equity contracts 19 15,074 108 15,201 71 13,041 193 13,305 Foreign exchange contracts — 51,913 43 51,956 — 24,730 37 24,767 Credit contracts — 90 6 96 — 74 39 113 Total derivative assets (gross) 197 97,749 763 98,709 266 72,002 1,103 73,371 Equity securities 16,931 5,344 47 22,322 10,849 8,949 43 19,841 Other assets — — 168 168 — — 49 49 Total assets prior to derivative netting $ 78,733 329,862 8,344 416,939 88,760 233,122 9,489 331,371 Derivative netting (1) (78,697) (55,148) Total assets after derivative netting $ 338,242 276,223 Derivative liabilities (gross): Interest rate contracts $ (121) (26,844) (4,170) (31,135) (201) (32,298) (4,383) (36,882) Commodity contracts — (1,558) (75) (1,633) — (2,719) (27) (2,746) Equity contracts (4) (14,327) (1,275) (15,606) (35) (12,108) (1,667) (13,810) Foreign exchange contracts — (50,886) (39) (50,925) — (27,138) (19) (27,157) Credit contracts — (43) (7) (50) — (39) (5) (44) Total derivative liabilities (gross) (125) (93,658) (5,566) (99,349) (236) (74,302) (6,101) (80,639) Short-sale and other liabilities (21,835) (6,909) (52) (28,796) (19,695) (5,776) (83) (25,554) Interest-bearing deposits — (318) — (318) — (1,297) — (1,297) Long-term debt — (3,495) — (3,495) — (2,308) — (2,308) Total liabilities prior to derivative netting $ (21,960) $ (104,380) (5,618) (131,958) (19,931) (83,683) (6,184) (109,798) Derivative netting (1) 83,014 62,144 Total liabilities after derivative netting $ (48,944) (47,654) (1) Represents balance sheet netting of derivative asset and liability balances, related cash collateral, and portfolio level valuation adjustments. See Note 14 (Derivatives) for additional information.
Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis	Table 15.2 presents the changes in Level 3 assets and liabilities measured at fair value on a recurring basis. Table 15.2: Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis Net unrealized gains (losses) (in millions) Balance, Net gains/(losses) (1) Purchases (2) Sales Settlements Transfers Transfers Balance, end of period (5) Year ended December 31, 2024 Trading debt securities $ 157 (7) 164 (200) (18) 66 (36) 126 (12) (6) Available-for-sale debt securities 221 18 24 — (18) 1 (30) 216 20 (6) Loans held for sale 448 (4) 119 (120) (91) 111 (283) 180 (5) (7) Mortgage servicing rights (residential) (8) 7,468 (406) 94 (312) — — — 6,844 492 (7) Net derivative assets and liabilities: Interest rate contracts (3,567) (2,820) — — 2,802 (9) (9) (3,603) (563) Equity contracts (1,474) (578) — — 857 (204) 232 (1,167) 90 Other derivative contracts 43 263 11 (4) (302) (47) 3 (33) (34) Total derivative contracts (4,998) (3,135) 11 (4) 3,357 (260) 226 (4,803) (507) (9) Equity securities 43 9 22 (27) — — — 47 4 (6) Other assets and liabilities (34) 150 — — — — — 116 150 (10) Year ended December 31, 2023 Trading debt securities $ 185 (14) 141 (167) (11) 104 (81) 157 (12) (6) Available-for-sale debt securities 276 (8) 113 (31) (19) 304 (414) 221 (32) (6) Loans held for sale 793 1 298 (373) (120) 126 (277) 448 (17) (7) Mortgage servicing rights (residential) (8) 9,310 (1,101) 161 (902) — — — 7,468 86 (7) Net derivative assets and liabilities: Interest rate contracts (2,582) (2,062) 3 (3) 2,548 (1,493) 22 (3,567) 93 Equity contracts (1,224) (801) — — 521 (108) 138 (1,474) (314) Other derivative contracts 9 (52) 14 (4) 81 (3) (2) 43 42 Total derivative contracts (3,797) (2,915) 17 (7) 3,150 (1,604) 158 (4,998) (179) (9) Equity securities 20 (2) 10 (8) — 23 — 43 (1) (6) Other assets and liabilities (167) 133 — — — — — (34) 133 (10) Year ended December 31, 2022 Trading debt securities $ 241 (72) 218 (186) (6) 22 (32) 185 (73) (6) Available-for-sale debt securities 186 (36) 327 (26) (25) 460 (610) 276 (10) (6) Loans held for sale 1,033 (252) 389 (391) (207) 237 (16) 793 (170) (7) Mortgage servicing rights (residential) (8) 6,920 2,001 1,003 (614) — — — 9,310 3,254 (7) Net derivative assets and liabilities: Interest rate contracts 127 (3,280) — — 994 (435) 12 (2,582) (2,073) Equity contracts (417) 35 — (9) 718 (584) (967) (1,224) 276 Other derivative contracts 5 (68) 19 (9) 118 (16) (40) 9 (16) Total derivative contracts (285) (3,313) 19 (18) 1,830 (1,035) (995) (3,797) (1,813) (9) Equity securities 8,910 4 1 (2) — 3 (8,896) 20 (2) (6) Other assets and liabilities (791) 624 — — — — — (167) 624 (10) (1) All amounts represent net gains (losses) included in net income except for AFS debt securities and other assets and liabilities which also included net gains (losses) in other comprehensive income. Net gains (losses) included in other comprehensive income for AFS debt securities were $21 million, $(27) million and $(37) million for the years ended December 31, 2024, 2023 and 2022, respectively. Net gains (losses) included in other comprehensive income for other assets and liabilities were $(14) million, $(12) million and $71 million for the years ended December 31, 2024, 2023 and 2022, respectively. (2) Includes originations of mortgage servicing rights and loans held for sale. (3) All assets and liabilities transferred into Level 3 were previously classified within Level 2. (4) All assets and liabilities transferred out of Level 3 are classified as Level 2. During first quarter 2022, we transferred $8.9 billion of equity securities and $1.4 billion of related economic hedging derivative assets (equity contracts) out of Level 3 due to our election to measure fair value of these instruments as a portfolio. Under this election, the unit of valuation is the portfolio-level, rather than each individual instrument. The unobservable inputs previously significant to the valuation of the instruments individually are no longer significant, as those unobservable inputs offset under the portfolio election. (5) All amounts represent net unrealized gains (losses) related to assets and liabilities held at period end included in net income except for AFS debt securities and other assets and liabilities which also included net unrealized gains (losses) related to assets and liabilities held at period end in other comprehensive income. Net unrealized gains (losses) included in other comprehensive income for AFS debt securities were $22 million, $(28) million and $(9) million for the years ended December 31, 2024, 2023 and 2022, respectively. Net unrealized gains (losses) included in other comprehensive income for other assets and liabilities were $(14) million, $(12) million and $71 million for the years ended December 31, 2024, 2023 and 2022, respectively. (6) Included in net gains from trading and securities on our consolidated statement of income. (7) Included in mortgage banking income on our consolidated statement of income. (8) For additional information on the changes in mortgage servicing rights, see Note 6 (Mortgage Banking Activities). (9) Included in mortgage banking income, net gains from trading and securities, and other noninterest income on our consolidated statement of income. (10) Included in other noninterest income on our consolidated statement of income.
Valuation Techniques – Recurring Basis	Table 15.3 provides quantitative information about the valuation techniques and significant unobservable inputs used in the valuation of our Level 3 assets and liabilities measured at fair value on a recurring basis. Weighted averages of inputs are calculated using outstanding unpaid principal balances of loans serviced for residential MSRs and notional amounts for derivative instruments. Table 15.3: Valuation Techniques – Recurring Basis ($ in millions, except cost to service amounts) Fair Value Level 3 Valuation Technique Significant Range of Inputs Weighted December 31, 2024 Mortgage servicing rights (residential) $ 6,844 Discounted cash flow Cost to service per loan (1) $ 60 - 451 103 Discount rate 9.2 - 15.5 % 10.1 Prepayment rate (2) 6.8 - 19.4 8.1 Net derivative assets and (liabilities): Interest rate contracts (3,588) Discounted cash flow Discount rate 4.1 - 4.2 4.1 (15) Discounted cash flow Default rate 0.4 - 1.1 0.5 Loss severity 50.0 - 50.0 50.0 Equity contracts (758) Discounted cash flow Conversion factor (1.4) - 0.0 % (0.7) Weighted average life 1.0 - 4.0 yrs 2.0 (409) Option model Correlation factor (70.0) - 98.9 % 65.3 Volatility factor 6.5 - 138.0 41.1 December 31, 2023 Mortgage servicing rights (residential) $ 7,468 Discounted cash flow Cost to service per loan (1) $ 52 - 527 105 Discount rate 8.9 - 13.9 % 9.4 Prepayment rate (2) 7.3 - 24.3 8.9 Net derivative assets and (liabilities): Interest rate contracts (3,501) Discounted cash flow Discount rate 3.6 - 5.4 4.2 (36) Discounted cash flow Default rate 0.4 - 5.0 1.2 Loss severity 50.0 - 50.0 50.0 Prepayment rate 22.0 - 22.0 22.0 Interest rate contracts: derivative loan commitments (30) Discounted cash flow Fall-out factor 1.0 - 99.0 30.2 Initial-value servicing (5.5) - 141.0 bps 10.0 Equity contracts (1,020) Discounted cash flow Conversion factor (6.9) - 0.0 % (6.4) Weighted average life 0.5 - 2.0 yrs 1.1 (454) Option model Correlation factor (67.0) - 99.0 % 73.8 Volatility factor 6.5 - 147.0 38.6 (1) The high end of the range of inputs is for servicing modified loans. For non-modified loans, the range is $60 - $162 at December 31, 2024, and $52 - $167 at December 31, 2023. (2) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior.
Fair Value on a Nonrecurring Basis	Table 15.4 provides the fair value hierarchy and fair value at the date of the nonrecurring fair value adjustment for all assets that were still held as of December 31, 2024 and 2023, and for which a nonrecurring fair value adjustment was recorded during the years then ended. Table 15.4: Fair Value on a Nonrecurring Basis December 31, 2024 December 31, 2023 (in millions) Level 2 Level 3 Total Level 2 Level 3 Total Loans held for sale (1) $ 841 287 1,128 326 297 623 Loans: Commercial 1,376 — 1,376 1,565 — 1,565 Consumer 91 — 91 97 — 97 Total loans 1,467 — 1,467 1,662 — 1,662 Equity securities 1,451 2,570 4,021 2,086 2,354 4,440 Other assets 4,959 9 4,968 2,451 58 2,509 Total assets at fair value on a nonrecurring basis $ 8,718 2,866 11,584 6,525 2,709 9,234 (1) Consists of commercial mortgages and residential mortgage – first lien loans.
Gains (Losses) on Assets with Nonrecurring Fair Value Adjustments	Table 15.5 presents the gains (losses) on all assets held at the end of the reporting periods presented for which a nonrecurring fair value adjustment was recognized in earnings during the respective periods. Table 15.5: Gains (Losses) on Assets with Nonrecurring Fair Value Adjustments Year ended December 31, (in millions) 2024 2023 2022 Loans held for sale $ 7 (9) (120) Loans: Commercial (1,139) (716) (96) Consumer (516) (706) (739) Total loans (1,655) (1,422) (835) Mortgage servicing rights (commercial) — — 4 Equity securities (1) 57 (718) (1,191) Other assets (2) 306 (122) (275) Total $ (1,285) (2,271) (2,417) (1) Includes impairment of equity securities and observable price changes related to equity securities accounted for under the measurement alternative. (2) Includes impairment of operating lease ROU assets, valuation of physical commodities inventory, valuation losses on foreclosed real estate, and other collateral owned, and impairment of venture capital and private equity investments in consolidated portfolio companies.
Valuation Techniques – Nonrecurring Basis	Table 15.6 provides quantitative information about the valuation techniques and significant unobservable inputs used in the valuation of our Level 3 assets that are measured at fair value on a nonrecurring basis. Weighted averages of inputs for equity securities are calculated using carrying value prior to the nonrecurring fair value measurement. Table 15.6: Valuation Techniques – Nonrecurring Basis ($ in millions) Fair Value Valuation Significant Range of Inputs Weighted December 31, 2024 Equity securities $ 1,309 Market comparable pricing Comparability adjustment (100.0) - 2.3 % (36.1) 1,261 Market comparable pricing Multiples 0.9x - 8.9x 2.9x December 31, 2023 Equity securities $ 1,721 Market comparable pricing Multiples 0.7x - 27.1x 8.4x 591 Market comparable pricing Comparability adjustment (100.0) - (11.5) % (42.9) 42 Discounted cash flow Discount rate 5.0 - 5.0 5.0 (1) Refer to the narrative following Table 15.3 for a definition of the valuation technique(s) and significant unobservable inputs used in the valuation of these assets.
Fair Value Option	Table 15.7 reflects differences between the fair value carrying amount of the assets and liabilities for which we have elected the fair value option and the contractual aggregate unpaid principal amount at maturity. Table 15.7: Fair Value Option December 31, 2024 December 31, 2023 (in millions) Fair value carrying amount Aggregate unpaid principal Fair value carrying amount less aggregate unpaid principal Fair value carrying amount Aggregate unpaid principal Fair value carrying amount less aggregate Loans held for sale (1) $ 4,713 4,864 (151) 2,892 3,119 (227) Interest-bearing deposits (318) (317) (1) (1,297) (1,298) 1 Long-term debt (2) (3,495) (4,118) 623 (2,308) (2,864) 556 (1) Nonaccrual loans and loans 90 days or more past due and still accruing included in LHFS for which we have elected the fair value option were insignificant at December 31, 2024 and 2023. (2) Includes zero coupon notes for which the aggregate unpaid principal amount reflects the contractual principal due at maturity.
Gains (Losses) on Changes in Fair Value Included in Earnings	Table 15.8 reflects amounts included in earnings related to initial measurement and subsequent changes in fair value, by income statement line item, for assets and liabilities for which the fair value option was elected. Amounts recorded in net interest income are excluded from the table below. Table 15.8: Gains (Losses) on Changes in Fair Value Included in Earnings 2024 2023 2022 (in millions) Mortgage banking noninterest income Net gains from trading and securities Other noninterest income Mortgage banking noninterest income Net gains from trading and securities Other noninterest income Mortgage banking noninterest income Net gains from trading and securities Other noninterest income Loans held for sale $ 106 35 — 230 46 (26) (681) 6 — Interest-bearing deposits — (2) — — (22) — — — — Long-term debt — 86 — — (81) — — 52 —
Fair Value Estimates for Financial Instruments	Table 15.9 presents a summary of fair value estimates for financial instruments that are not carried at fair value on a recurring basis. Some financial instruments are excluded from the scope of this table, such as certain insurance contracts, certain nonmarketable equity securities, and leases. This table also excludes assets and liabilities that are not financial instruments such as the value of the long-term relationships with our deposit, credit card and trust customers, MSRs, premises and equipment, goodwill and deferred taxes. Loan commitments, standby letters of credit and commercial and similar letters of credit are not included in Table 15.9. A reasonable estimate of the fair value of these instruments is the carrying value of deferred fees plus the allowance for unfunded credit commitments, which totaled $546 million and $575 million at December 31, 2024 and 2023, respectively. The total of the fair value calculations presented does not represent, and should not be construed to represent, the underlying fair value of the Company. Table 15.9: Fair Value Estimates for Financial Instruments Estimated fair value (in millions) Carrying amount Level 1 Level 2 Level 3 Total December 31, 2024 Financial assets Cash and due from banks (1) $ 37,080 37,080 — — 37,080 Interest-earning deposits with banks (1) 166,281 165,903 378 — 166,281 Federal funds sold and securities purchased under resale agreements (1) 105,330 — 105,330 — 105,330 Held-to-maturity debt securities 234,948 2,015 188,756 3,008 193,779 Loans held for sale 1,547 — 1,216 384 1,600 Loans, net (2) 882,361 — 3,211 845,016 848,227 Equity securities (cost method) 3,782 — — 3,868 3,868 Total financial assets $ 1,431,329 204,998 298,891 852,276 1,356,165 Financial liabilities Deposits (3) $ 139,547 — 63,497 75,692 139,189 Short-term borrowings 108,540 — 108,547 — 108,547 Long-term debt (4) 169,567 — 171,747 2,334 174,081 Total financial liabilities $ 417,654 — 343,791 78,026 421,817 December 31, 2023 Financial assets Cash and due from banks (1) $ 33,026 33,026 — — 33,026 Interest-earning deposits with banks (1) 204,193 203,960 233 — 204,193 Federal funds sold and securities purchased under resale agreements (1) 80,456 — 80,456 — 80,456 Held-to-maturity debt securities 262,708 2,288 222,209 2,819 227,316 Loans held for sale 2,044 — 848 1,237 2,085 Loans, net (2) 905,764 — 52,127 818,358 870,485 Equity securities (cost method) 5,276 — — 5,344 5,344 Total financial assets $ 1,493,467 239,274 355,873 827,758 1,422,905 Financial liabilities Deposits (3) $ 190,970 — 127,738 62,372 190,110 Short-term borrowings 89,340 — 89,340 — 89,340 Long-term debt (4) 205,261 — 205,705 2,028 207,733 Total financial liabilities $ 485,571 — 422,783 64,400 487,183 (1) Amounts consist of financial instruments for which carrying value approximates fair value. (2) Excludes lease financing, net of allowance for credit losses, of $16.2 billion at both December 31, 2024 and 2023. (3) Excludes deposit liabilities with no defined or contractual maturity of $1.2 trillion at both December 31, 2024 and 2023. (4) Excludes obligations under finance leases of $16 million and $19 million at December 31, 2024 and 2023, respectively.

Securitizations and Variable _2

Securitizations and Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2024
Securitizations and Variable Interest Entities [Abstract]
Transfers with Continuing Involvement	Table 16.1 presents information about transfers of assets during the periods presented for which we recorded the transfers as sales and have continuing involvement with the transferred assets. In connection with these transfers, we received proceeds and recorded servicing assets and securities. Each of these interests are initially measured at fair value. Servicing rights are classified as Level 3 measurements, and generally securities are classified as Level 2. Transfers of residential mortgage loans are transactions with the GSEs or GNMA and generally result in no gain or loss because the loans are typically measured at fair value on a recurring basis. Transfers of commercial mortgage loans include both transactions with the GSEs or GNMA and nonconforming transactions. These commercial mortgage loans are carried at the lower of cost or market, and we recognize gains on such transfers when the market value is greater than the carrying value of the loan when it is sold. Table 16.1: Transfers with Continuing Involvement Year ended December 31, 2024 2023 2022 (in millions) Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Residential mortgages Commercial mortgages Assets sold $ 8,303 18,132 13,823 8,872 75,582 13,735 Proceeds from transfer (1) 8,303 18,321 13,823 9,017 75,634 13,963 Net gains (losses) on sale — 189 — 145 52 228 Continuing involvement (2): Servicing rights recognized $ 87 81 157 73 966 128 Securities recognized (3) — 167 — 94 2,062 189 (1) Represents cash proceeds and the fair value of non-cash beneficial interests recognized at securitization settlement. (2) Represents assets or liabilities recognized at securitization settlement date related to our continuing involvement in the transferred assets. (3) Represents debt securities obtained at securitization settlement held for investment purposes that are classified as available-for-sale or held-to-maturity. Excludes trading debt securities held temporarily for market-marking purposes, which are sold to third parties at or shortly after securitization settlement, of $4.2 billion, $6.0 billion, and $19.0 billion, during the years ended December 31, 2024, 2023 and 2022, respectively.
Residential MSRs – Assumptions at Securitization Date	Table 16.2 presents the key weighted-average assumptions we used to initially measure residential MSRs recognized during the periods presented. Table 16.2: Residential MSRs – Assumptions at Securitization Date Year ended December 31, 2024 2023 2022 Prepayment rate (1) 16.5 % 16.8 12.4 Discount rate 10.0 9.7 8.0 Cost to service ($ per loan) $ 148 178 110 (1) Includes a blend of prepayment speeds and expected defaults. Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior.
Sold or Securitized Loans Serviced for Others	Table 16.3 presents information about loans that we have originated and sold or securitized in which we have ongoing involvement as servicer. For loans sold or securitized where servicing is our only form of continuing involvement, we generally experience a loss only if we were required to repurchase a delinquent loan or foreclosed asset due to a breach in representations and warranties associated with our loan sale or servicing contracts. Table 16.3 excludes mortgage loans sold to and held or securitized by GSEs or GNMA of $528.1 billion and $592.5 billion at December 31, 2024 and 2023, respectively. Delinquent loans include loans 90 days or more past due and loans in bankruptcy, regardless of delinquency status. Delinquent loans and foreclosed assets related to loans sold to and held or securitized by GSEs and GNMA were $2.4 billion and $3.4 billion at December 31, 2024 and 2023, respectively. Table 16.3: Sold or Securitized Loans Serviced for Others Net charge-offs Total loans Delinquent loans Year ended December 31, (in millions) Dec 31, 2024 Dec 31, 2023 Dec 31, 2024 Dec 31, 2023 2024 2023 Commercial (2) $ 72,468 67,232 1,467 1,000 54 114 Residential 7,362 8,311 340 393 10 19 Total off-balance sheet sold or securitized loans $ 79,830 75,543 1,807 1,393 64 133 (1) Includes $258 million and $163 million of commercial foreclosed assets and $18 million and $22 million of residential foreclosed assets at December 31, 2024 and 2023, respectively. (2) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect commercial loans serviced for others to be reduced.
Unconsolidated VIEs	Table 16.4 provides a summary of our exposure to the unconsolidated VIEs described above, which includes investments in securities, loans, guarantees, liquidity agreements, commitments and certain derivatives. We exclude certain transactions with unconsolidated VIEs when our continuing involvement is temporary or administrative in nature or insignificant in size. In Table 16.4, “Total VIE assets” represents the remaining principal balance of assets held by unconsolidated VIEs using the most current information available. “Carrying value” is the amount in our consolidated balance sheet related to our involvement with the unconsolidated VIEs. “Maximum exposure to loss” is determined as the carrying value of our investment in the VIEs excluding the unconditional repurchase options that have not been exercised, plus the remaining undrawn liquidity and lending commitments, the notional amount of net written derivative contracts, and generally the notional amount of, or stressed loss estimate for, other commitments and guarantees. Debt, guarantees and other commitments include amounts related to lending arrangements, liquidity agreements, and certain loss sharing obligations associated with loans originated, sold, and serviced under certain GSE programs. “Maximum exposure to loss” represents estimated loss that would be incurred under severe, hypothetical circumstances, for which we believe the possibility is extremely remote, such as where the value of our interests and any associated collateral declines to zero, without any consideration of recovery or offset from any economic hedges. Accordingly, this disclosure is not an indication of expected loss. Table 16.4: Unconsolidated VIEs Carrying value – asset (liability) (in millions) Total Loans Debt Equity securities All other Debt and other liabilities Net assets December 31, 2024 Nonconforming mortgage loan securitizations (3) $ 165,218 — 2,203 — 512 (4) 2,711 Commercial real estate loans 5,289 5,275 — — 14 — 5,289 Other 1,186 67 — — 10 — 77 Total $ 171,693 5,342 2,203 — 536 (4) 8,077 Maximum exposure to loss Loans Debt Equity securities All other Debt, guarantees, Total exposure Nonconforming mortgage loan securitizations (3) $ — 2,203 — 512 4 2,719 Commercial real estate loans 5,275 — — 14 695 5,984 Other 67 — — 10 157 234 Total $ 5,342 2,203 — 536 856 8,937 Carrying value – asset (liability) (in millions) Total Loans Debt Equity All other Debt and other liabilities Net assets December 31, 2023 Nonconforming mortgage loan securitizations (3) $ 154,730 — 2,471 — 591 (8) 3,054 Commercial real estate loans 5,588 5,571 — — 17 — 5,588 Other 1,898 213 — 47 17 — 277 Total $ 162,216 5,784 2,471 47 625 (8) 8,919 Maximum exposure to loss Loans Debt Equity All other Debt, Total exposure Nonconforming mortgage loan securitizations (3) $ — 2,471 — 591 8 3,070 Commercial real estate loans 5,571 — — 17 700 6,288 Other 213 — 47 17 158 435 Total $ 5,784 2,471 47 625 866 9,793 (1) Includes $298 million and $301 million of securities classified as trading at December 31, 2024 and 2023, respectively. (2) All other assets includes mortgage servicing rights, derivative assets, and other assets (predominantly servicing advances). (3) In August 2024, we entered into a definitive agreement to sell the non-agency third-party servicing segment of our commercial mortgage servicing business, including the related mortgage servicing rights and servicer advances. At the closing of this transaction, we expect nonconforming mortgage loan securitizations to be reduced as we will no longer have continuing involvement in the form of servicing.
Income Statement Impacts for Affordable Housing and Renewable Energy Tax Credit Investments	Table 16.5 summarizes the impacts to our consolidated statement of income related to our affordable housing and renewable energy equity investments. Table 16.5: Income Statement Impacts for Affordable Housing and Renewable Energy Tax Credit Investments (1) Year ended December 31, (in millions) 2024 2023 2022 Income (loss) before income tax expense (2) (A) $ (66) (634) (473) Income tax expense (benefit): Proportional amortization of investments 2,971 1,650 1,549 Income tax credits and other income tax benefits (3,990) (3,176) (2,854) Net expense (benefit) recognized within income tax expense (B) (1,019) (1,526) (1,305) Net income related to affordable housing and renewable energy tax credit investments (A)-(B) $ 953 892 832 (1) Includes the impacts for affordable housing and renewable energy tax credit investments, which are accounted for using either the proportional amortization method or the equity method. Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02 , effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies). (2) The balance predominantly relates to equity method losses from renewable energy tax credit investments, which are recorded in other noninterest income on our consolidated statement of income.
Transactions with Consolidated VIEs	Table 16.6 presents a summary of financial assets and liabilities of our consolidated VIEs. The carrying value represents assets and liabilities recognized on our consolidated balance sheet. “Total VIE assets” includes affiliate balances that are eliminated upon consolidation, and therefore in some instances will differ from the carrying value of assets. On our consolidated balance sheet, we separately disclose (1) the consolidated assets of certain VIEs that can only be used to settle the liabilities of those VIEs, and (2) the consolidated liabilities of certain VIEs for which the VIE creditors do not have recourse to Wells Fargo. Table 16.6: Transactions with Consolidated VIEs Carrying value – asset (liability) (in millions) Total VIE assets Loans All other Long-term debt Accrued expenses and other liabilities December 31, 2024 Commercial and industrial loans and leases $ 1,737 1,570 167 — (118) Credit card securitizations 9,803 9,615 25 (2,240) (5) Other 479 — 479 — (1) Total consolidated VIEs $ 12,019 11,185 671 (2,240) (124) December 31, 2023 Commercial and industrial loans and leases $ 7,579 4,880 203 — (115) Credit card securitizations — — — — — Other 232 — 232 — — Total consolidated VIEs $ 7,811 4,880 435 — (115) (1) All other assets includes loans held for sale and other assets.

Guarantees and Other Commitme_2

Guarantees and Other Commitments (Tables)	12 Months Ended
	Dec. 31, 2024
Guarantees [Abstract]
Guarantees – Carrying Value and Maximum Exposure to Loss	Table 17.1 shows carrying value and maximum exposure to loss on our guarantees. Table 17.1: Guarantees – Carrying Value and Maximum Exposure to Loss Maximum exposure to loss (in millions) Carrying value of obligation Expires in one year or less Expires after one year through three years Expires after three years through five years Expires after five years Total Non-investment grade December 31, 2024 Standby letters of credit (1) $ 90 13,311 6,951 1,538 17 21,817 7,198 Direct pay letters of credit (1) 2 1,818 1,051 108 92 3,069 766 Loans and LHFS sold with recourse 82 593 3,089 3,969 6,223 13,874 10,660 Exchange and clearing house guarantees — 38,852 — — — 38,852 — Other guarantees and indemnifications 36 1,888 496 124 553 3,061 1,022 Total guarantees $ 210 56,462 11,587 5,739 6,885 80,673 19,646 December 31, 2023 Standby letters of credit (1) $ 90 14,211 5,209 2,931 105 22,456 7,711 Direct pay letters of credit (1) 8 1,446 2,268 247 5 3,966 957 Loans and LHFS sold with recourse 72 249 2,957 3,385 7,228 13,819 10,612 Exchange and clearing house guarantees — 13,550 — — — 13,550 — Other guarantees and indemnifications 22 687 854 116 463 2,120 634 Total guarantees $ 192 30,143 11,288 6,679 7,801 55,911 19,914 (1) Standby and direct pay letters of credit are reported net of syndications and participations.

Securities Financing Activiti_2

Securities Financing Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Securities Financing Transactions [Abstract]
Offsetting – Securities Financing Activities	Table 18.1 presents resale and repurchase agreements subject to master repurchase agreements (MRA) and securities borrowing and lending agreements subject to master securities lending agreements (MSLA). Where legally enforceable, these master netting arrangements give the ability, in the event of default by the counterparty, to liquidate securities held as collateral and to offset receivables and payables with the same counterparty. Securities financings with the same counterparty are presented net on our consolidated balance sheet, provided certain criteria are met that permit balance sheet netting. The majority of transactions subject to these agreements do not meet those criteria and thus are not eligible for balance sheet netting. Securities collateral we pledge is not netted on our consolidated balance sheet against the related liability. Securities collateral we receive is not recognized on our consolidated balance sheet. Collateral pledged or received may be increased or decreased over time to maintain certain contractual thresholds, as the assets underlying each arrangement fluctuate in value. For additional information on collateral pledged and received, see Note 19 (Pledged Assets and Collateral). Generally, these agreements require collateral to exceed the asset or liability recognized on the balance sheet. The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs or MSLAs. While these agreements are typically over-collateralized, the disclosure in this table is limited to the reported amount of such collateral to the amount of the related recognized asset or liability for each counterparty. In addition to the amounts included in Table 18.1, we also have balance sheet netting related to derivatives that is disclosed in Note 14 (Derivatives). Table 18.1: Offsetting – Securities Financing Activities (in millions) Dec 31, Dec 31, Assets: Resale and securities borrowing agreements Gross amounts recognized $ 159,538 108,785 Gross amounts offset in consolidated balance sheet (1) (54,208) (28,402) Net amounts in consolidated balance sheet (2) 105,330 80,383 Collateral received not recognized in consolidated balance sheet (3) (104,313) (79,473) Net amount (4) $ 1,017 910 Liabilities: Repurchase and securities lending agreements Gross amounts recognized $ 149,427 106,060 Gross amounts offset in consolidated balance sheet (1) (54,208) (28,402) Net amounts in consolidated balance sheet (5) 95,219 77,658 Collateral pledged but not netted in consolidated balance sheet (6) (95,170) (77,529) Net amount (4) $ 49 129 (1) Represents recognized amount of resale and repurchase agreements with counterparties subject to enforceable MRAs that have been offset within our consolidated balance sheet. (2) Included in federal funds sold and securities purchased under resale agreements on our consolidated balance sheet. Excludes $21.8 billion and $20.5 billion classified on our consolidated balance sheet in loans at December 31, 2024 and December 31, 2023, respectively, which relates to resale agreements involving collateral other than securities as part of our commercial lending business activities. (3) Represents the fair value of collateral we have received under enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized asset due from each counterparty. (4) Represents the amount of our exposure (assets) or obligation (liabilities) that is not collateralized and/or is not subject to an enforceable MRA or MSLA. (5) Included in short-term borrowings on our consolidated balance sheet. (6) Represents the fair value of collateral we have pledged, related to enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized liability owed to each counterparty.
Gross Obligations by Underlying Collateral Type and Contractual Maturities of Gross Obligations	Table 18.2 provides the gross amounts recognized on our consolidated balance sheet (before the effects of offsetting) of our liabilities for repurchase and securities lending agreements disaggregated by underlying collateral type. Table 18.2: Gross Obligations by Underlying Collateral Type (in millions) Dec 31, Dec 31, Repurchase agreements: Securities of U.S. Treasury and federal agencies $ 70,362 38,742 Securities of U.S. States and political subdivisions 648 579 Federal agency mortgage-backed securities 54,107 48,019 Non-agency mortgage-backed securities 2,397 1,889 Corporate debt securities 10,008 7,925 Asset-backed securities 2,334 2,176 Equity securities 1,584 635 Other 740 541 Total repurchases 142,180 100,506 Securities lending arrangements: Securities of U.S. Treasury and federal agencies 214 251 Corporate debt securities 1,925 293 Equity securities 5,101 4,965 Other 7 45 Total securities lending 7,247 5,554 Total repurchases and securities lending $ 149,427 106,060 Table 18.3 provides the contractual maturities of our gross obligations under repurchase and securities lending agreements. Securities lending is executed under agreements that allow either party to terminate the transaction without notice, while repurchase agreements have a term structure that matures at a point in time. The overnight agreements require an election by both parties to roll the trade, while continuous agreements require an election by either party to terminate the agreement. Table 18.3: Contractual Maturities of Gross Obligations (in millions) Repurchase agreements Securities lending agreements December 31, 2024 Overnight/continuous $ 79,560 4,096 Up to 30 days 40,318 — 30-90 days 8,909 300 >90 days 13,393 2,851 Total gross obligation $ 142,180 7,247 December 31, 2023 Overnight/continuous $ 54,810 4,903 Up to 30 days 13,704 — 30-90 days 23,264 200 >90 days 8,728 451 Total gross obligation $ 100,506 5,554

Pledged Assets and Collateral (

Pledged Assets and Collateral (Tables)	12 Months Ended
	Dec. 31, 2024
Financial Instruments Pledged as Collateral [Abstract]
Pledged Assets	Table 19.1 provides the carrying values of assets recognized on our consolidated balance sheet that we have pledged to third parties. Assets pledged in transactions where our counterparty has the right to sell or repledge those assets are presented parenthetically on our consolidated balance sheet. VIE RELATED. We also pledge assets in connection with various types of transactions entered into with VIEs, which are excluded from Table 19.1. These pledged assets can only be used to settle the liabilities of those entities. We also have loans recorded on our consolidated balance sheet which represent certain delinquent loans that are eligible for repurchase from GNMA loan securitizations. See Note 16 (Securitizations and Variable Interest Entities) for additional information on consolidated and unconsolidated VIE assets. Table 19.1: Pledged Assets (in millions) Dec 31, Dec 31, Pledged to counterparties that had the right to sell or repledge: Debt securities: Trading $ 86,142 62,537 Available-for-sale 3,078 5,055 Equity securities 9,774 2,683 All other assets 461 495 Total assets pledged to counterparties that had the right to sell or repledge 99,455 70,770 Pledged to counterparties that did not have the right to sell or repledge: Debt securities: Trading 5,121 2,757 Available-for-sale 97,025 64,511 Held-to-maturity 213,829 246,218 Loans 485,701 445,092 Equity securities 2,150 1,502 All other assets 853 1,195 Total assets pledged to counterparties that did not have the right to sell or repledge 804,679 761,275 Total pledged assets $ 904,134 832,045

Operating Segments (Tables)

Operating Segments (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Operating Segments	Table 20.1 presents our results by operating segment. Table 20.1: Operating Segments (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Items (1) Consolidated Year ended December 31, 2024 Net interest income (2) $ 28,303 9,096 7,935 3,473 (791) (340) 47,676 Noninterest income 7,898 3,682 11,409 11,963 1,129 (1,461) 34,620 Total revenue 36,201 12,778 19,344 15,436 338 (1,801) 82,296 Provision for credit losses 3,561 290 521 (22) (16) — 4,334 Personnel expense 13,864 4,090 6,067 10,424 1,284 — 35,729 Non-personnel expense 9,410 2,100 2,962 2,460 1,937 — 18,869 Noninterest expense 23,274 6,190 9,029 12,884 3,221 — 54,598 Income (loss) before income tax expense (benefit) 9,366 6,298 9,794 2,574 (2,867) (1,801) 23,364 Income tax expense (benefit) 2,357 1,599 2,456 672 (1,884) (1,801) 3,399 Net income (loss) before noncontrolling interests 7,009 4,699 7,338 1,902 (983) — 19,965 Less: Net income from noncontrolling interests — 10 — — 233 — 243 Net income (loss) $ 7,009 4,689 7,338 1,902 (1,216) — 19,722 Year ended December 31, 2023 Net interest income (2) $ 30,185 10,034 9,498 3,966 (888) (420) 52,375 Noninterest income 7,734 3,415 9,693 10,725 431 (1,776) 30,222 Total revenue 37,919 13,449 19,191 14,691 (457) (2,196) 82,597 Provision for credit losses 3,299 75 2,007 6 12 — 5,399 Personnel expense 14,626 4,366 5,910 9,746 1,181 — 35,829 Non-personnel expense 9,398 2,189 2,708 2,318 3,120 — 19,733 Noninterest expense 24,024 6,555 8,618 12,064 4,301 — 55,562 Income (loss) before income tax expense (benefit) 10,596 6,819 8,566 2,621 (4,770) (2,196) 21,636 Income tax expense (benefit) 2,657 1,704 2,140 657 (2,355) (2,196) 2,607 Net income (loss) before noncontrolling interests 7,939 5,115 6,426 1,964 (2,415) — 19,029 Less: Net income (loss) from noncontrolling interests — 11 — — (124) — (113) Net income (loss) $ 7,939 5,104 6,426 1,964 (2,291) — 19,142 Year ended December 31, 2022 Net interest income (2) $ 27,044 7,289 8,733 3,927 (1,607) (436) 44,950 Noninterest income 8,766 3,631 6,509 10,895 1,192 (1,575) 29,418 Total revenue 35,810 10,920 15,242 14,822 (415) (2,011) 74,368 Provision for credit losses 2,276 (534) (185) (25) 2 — 1,534 Personnel expense 15,052 3,972 5,225 9,362 729 — 34,340 Non-personnel expense 11,225 2,086 2,335 2,251 4,968 — 22,865 Noninterest expense 26,277 6,058 7,560 11,613 5,697 — 57,205 Income (loss) before income tax expense (benefit) 7,257 5,396 7,867 3,234 (6,114) (2,011) 15,629 Income tax expense (benefit) 1,816 1,366 1,989 812 (1,721) (2,011) 2,251 Net income (loss) before noncontrolling interests 5,441 4,030 5,878 2,422 (4,393) — 13,378 Less: Net income (loss) from noncontrolling interests — 12 — — (311) — (299) Net income (loss) $ 5,441 4,018 5,878 2,422 (4,082) — 13,677 (continued on following page) (continued from previous page) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Items (1) Consolidated Year ended December 31, 2024 Loans (average) $ 325,163 223,057 277,039 83,005 7,112 — 915,376 Assets (average) 360,907 245,707 568,035 90,024 652,024 — 1,916,697 Deposits (average) 774,660 172,129 192,592 107,689 98,845 — 1,345,915 Loans (period-end) 321,430 223,318 278,680 84,340 4,977 — 912,745 Assets (period-end) 361,663 246,569 597,278 90,536 633,799 — 1,929,845 Deposits (period-end) 783,490 188,650 212,948 127,008 59,708 — 1,371,804 Year ended December 31, 2023 Loans (average) $ 335,920 224,102 291,975 82,755 9,164 — 943,916 Assets (average) 377,434 245,520 553,722 89,797 619,002 — 1,885,475 Deposits (average) 811,091 165,235 162,062 112,069 95,825 — 1,346,282 Loans (period-end) 332,867 224,774 287,432 82,555 9,054 — 936,682 Assets (period-end) 375,484 245,568 547,203 90,138 674,075 — 1,932,468 Deposits (period-end) 782,309 162,526 185,142 103,902 124,294 — 1,358,173 (1) Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results. (2) Net interest income is interest earned on assets minus the interest paid on liabilities to fund those assets. Segment interest earned includes actual interest income on segment assets as well as a funding credit for their deposits. Segment interest paid on liabilities includes actual interest expense on segment liabilities as well as a funding charge for their assets.

Revenue and Expenses (Tables)

Revenue and Expenses (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue by Operating Segment	Table 21.1 presents our revenue by operating segment. For additional description of our operating segments, including additional financial information and the underlying management accounting process, see Note 20 (Operating Segments). Table 21.1: Revenue by Operating Segment (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Consolidated Year ended December 31, 2024 Net interest income (2) $ 28,303 9,096 7,935 3,473 (791) (340) 47,676 Noninterest income: Deposit-related fees 2,734 1,180 1,073 24 4 — 5,015 Lending-related fees (2) 92 555 842 11 — — 1,500 Investment advisory and other asset-based fees (3) — 84 157 9,534 — — 9,775 Commissions and brokerage services fees — — 368 2,153 — — 2,521 Investment banking fees (4) 84 2,675 — (90) — 2,665 Card fees: Card interchange and network revenue (4) 3,567 205 55 4 2 — 3,833 Other card fees (2) 509 — — — — — 509 Total card fees 4,076 205 55 4 2 — 4,342 Mortgage banking (2) 650 — 410 (13) — — 1,047 Net gains (losses) from trading activities (2) — (2) 5,091 155 40 — 5,284 Net losses from debt securities (2) — — — — (920) — (920) Net gains (losses) from equity securities (2) (2) 21 19 15 1,017 — 1,070 Lease income (2) — 532 122 — 577 — 1,231 Other (2) 352 1,023 597 80 499 (1,461) 1,090 Total noninterest income 7,898 3,682 11,409 11,963 1,129 (1,461) 34,620 Total revenue $ 36,201 12,778 19,344 15,436 338 (1,801) 82,296 Year ended December 31, 2023 Net interest income (2) $ 30,185 10,034 9,498 3,966 (888) (420) 52,375 Noninterest income: Deposit-related fees 2,702 998 976 22 (4) — 4,694 Lending-related fees (2) 117 531 790 8 — — 1,446 Investment advisory and other asset-based fees (3) — 74 150 8,446 — — 8,670 Commissions and brokerage services fees — — 317 2,058 — — 2,375 Investment banking fees (6) 61 1,738 — (144) — 1,649 Card fees: Card interchange and network revenue (4) 3,540 223 60 4 2 — 3,829 Other card fees (2) 427 — — — — — 427 Total card fees 3,967 223 60 4 2 — 4,256 Mortgage banking (2) 512 — 329 (12) — — 829 Net gains (losses) from trading activities (2) — (10) 4,553 162 94 — 4,799 Net gains (losses) from debt securities (2) — 25 — — (15) — 10 Net losses from equity securities (2) — (58) (4) (2) (377) — (441) Lease income (2) — 644 57 — 536 — 1,237 Other (2) 442 927 727 39 339 (1,776) 698 Total noninterest income 7,734 3,415 9,693 10,725 431 (1,776) 30,222 Total revenue $ 37,919 13,449 19,191 14,691 (457) (2,196) 82,597 (continued on following page) (continued from previous page) (in millions) Consumer Banking and Lending Commercial Banking Corporate and Investment Banking Wealth and Investment Management Corporate Reconciling Consolidated Year ended December 31, 2022 Net interest income (2) $ 27,044 7,289 8,733 3,927 (1,607) (436) 44,950 Noninterest income: Deposit-related fees 3,093 1,131 1,068 24 — — 5,316 Lending-related fees (2) 129 491 769 8 — — 1,397 Investment advisory and other asset-based fees (3) — 42 107 8,847 8 — 9,004 Commissions and brokerage services fees — — 311 1,931 — — 2,242 Investment banking fees (3) 60 1,492 — (110) — 1,439 Card fees: Card interchange and network revenue (4) 3,590 224 60 4 — — 3,878 Other card fees (2) 477 — — — — — 477 Total card fees 4,067 224 60 4 — — 4,355 Mortgage banking (2) 1,100 — 296 (12) (1) — 1,383 Net gains (losses) from trading activities (2) — (6) 1,886 58 178 — 2,116 Net gains from debt securities (2) — 5 — — 146 — 151 Net gains (losses) from equity securities (2) (5) 64 (5) (2) (858) — (806) Lease income (2) — 710 15 — 544 — 1,269 Other (2) 385 910 510 37 1,285 (1,575) 1,552 Total noninterest income 8,766 3,631 6,509 10,895 1,192 (1,575) 29,418 Total revenue $ 35,810 10,920 15,242 14,822 (415) (2,011) 74,368 (1) Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results. (2) These revenue types are related to financial assets and liabilities, including loans, leases, securities and derivatives, with additional details included in other footnotes to our financial statements. (3) We earned trailing commissions of $943 million, $904 million, and $989 million for the years ended December 31, 2024, 2023 and 2022, respectively. (4) The cost of credit card rewards and rebates of $2.7 billion, $2.6 billion and $2.2 billion for the years ended December 31, 2024, 2023 and 2022, respectively, are presented net against the related revenue.
Operating Losses	Table 21.2 provides the components of our operating losses included in our consolidated statement of income. Table 21.2: Operating Losses Year ended December 31, (in millions) 2024 2023 2022 Legal actions $ 290 179 3,308 Customer remediation 722 207 2,691 Other 745 797 985 Total operating losses $ 1,757 1,183 6,984

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Changes in Benefit Obligation and Fair Value of Plan Assets	Table 22.1 presents the changes in the benefit obligation and the fair value of plan assets, the funded status, and the amounts recognized on our consolidated balance sheet. Changes in the benefit obligation for the qualified plans were driven by the amounts of benefits paid and changes in the actuarial loss (gain) amounts, which are driven by changes in the discount rates at December 31, 2024 and 2023, respectively. Table 22.1: Changes in Benefit Obligation and Fair Value of Plan Assets December 31, 2024 December 31, 2023 Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Change in benefit obligation: Benefit obligation at beginning of period $ 8,126 375 287 8,141 391 309 Service cost 29 — — 25 — — Interest cost 387 17 13 403 18 15 Plan participants’ contributions — — 33 — — 37 Actuarial loss (gain) (379) (27) (1) 191 8 (8) Benefits paid (679) (40) (66) (634) (42) (66) Settlements, Curtailments, and Amendments (3) — 4 — — — Foreign exchange impact (5) — (1) — — — Benefit obligation at end of period 7,476 325 269 8,126 375 287 Change in plan assets: Fair value of plan assets at beginning of period 8,634 — 497 8,600 — 476 Actual return on plan assets 167 — 26 653 — 44 Employer contribution 16 40 6 15 42 6 Plan participants’ contributions — — 33 — — 37 Benefits paid (679) (40) (66) (634) (42) (66) Foreign exchange impact (2) — — — — — Fair value of plan assets at end of period 8,136 — 496 8,634 — 497 Funded status at end of period $ 660 (325) 227 508 (375) 210 Amounts recognized on the consolidated balance sheet at end of period: Assets $ 751 — 240 585 — 224 Liabilities (91) (325) (13) (77) (375) (14)
Plans with Benefit Obligations in Excess of Plan Assets	Table 22.2 provides information for pension and postretirement plans with benefit obligations in excess of plan assets. Table 22.2: Plans with Benefit Obligations in Excess of Plan Assets December 31, 2024 December 31, 2023 (in millions) Pension Benefits Other Benefits Pension Benefits Other Benefits Projected benefit obligation $ 473 N/A 549 N/A Accumulated benefit obligation 424 13 511 14 Fair value of plan assets 56 — 97 —
Net Periodic Benefit Cost and Other Comprehensive Income	Table 22.3 presents the components of net periodic benefit cost and OCI. Service cost is reported in personnel expense and all other components of net periodic benefit cost are reported in other noninterest expense on our consolidated statement of income. Table 22.3: Net Periodic Benefit Cost and Other Comprehensive Income December 31, 2024 December 31, 2023 December 31, 2022 Pension benefits Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Qualified Non- Other Service cost $ 29 — — 25 — — 19 — — Interest cost 387 17 13 403 18 15 348 12 9 Expected return on plan assets (472) — (25) (503) — (25) (511) — (22) Amortization of net actuarial loss (gain) 138 5 (24) 139 5 (25) 136 11 (22) Amortization of prior service cost (credit) — — (10) — — (10) 1 — (10) Settlement loss — — — — — — 226 1 — Curtailment gain (3) — — — — — — — — Net periodic benefit cost 79 22 (46) 64 23 (45) 219 24 (45) Other changes in plan assets and benefit obligations recognized in other comprehensive income: Net actuarial loss (gain) (74) (27) (2) 41 8 (27) 253 (76) (36) Amortization of net actuarial gain (loss) (138) (5) 24 (139) (5) 25 (136) (11) 22 Prior service cost — — 4 — — — — — — Amortization of prior service credit (cost) — — 10 — — 10 (1) — 10 Settlement (loss) — — — — — — (226) (1) — Total recognized in other comprehensive income (212) (32) 36 (98) 3 8 (110) (88) (4) Total recognized in net periodic benefit cost and other comprehensive income $ (133) (10) (10) (34) 26 (37) 109 (64) (49)
Benefits Recognized in Accumulated OCI	Table 22.4 provides the amounts recognized in AOCI (pre-tax). Table 22.4: Benefits Recognized in Accumulated OCI December 31, 2024 December 31, 2023 Pension benefits Pension benefits (in millions) Qualified Non- Other Qualified Non- Other Net actuarial loss (gain) $ 2,630 42 (384) 2,842 74 (406) Net prior service credit — — (92) — — (106) Total $ 2,630 42 (476) 2,842 74 (512)
Weighted-Average Assumptions Used to Estimate Projected Benefit Obligation and Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost	Table 22.5 presents the weighted-average assumptions used to estimate the projected benefit obligation. Table 22.5: Weighted-Average Assumptions Used to Estimate Projected Benefit Obligation December 31, 2024 December 31, 2023 Pension benefits Pension benefits Qualified Non- Other Qualified Non- Other Discount rate 5.62 % 5.48 5.49 4.99 4.87 4.90 Interest crediting rate 4.55 4.07 N/A 3.91 3.39 N/A Table 22.6 presents the weighted-average assumptions used to determine the net periodic benefit cost, including the impact of interim re-measurements as applicable. Table 22.6: Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost December 31, 2024 December 31, 2023 December 31, 2022 Pension benefits Pension benefits Pension benefits Qualified Non- Other Qualified Non- Other Qualified Non- Other Discount rate 4.93 % 4.85 4.86 5.12 5.04 5.06 3.93 2.34 2.11 Interest crediting rate 3.91 3.39 N/A 4.10 3.58 N/A 3.37 1.51 N/A Expected return on plan assets 5.71 N/A 5.16 6.09 N/A 5.34 5.35 N/A 4.00
Projected Benefit Payments	Future benefits that we expect to pay under the pension and other benefit plans are presented in Table 22.7. Table 22.7: Projected Benefit Payments Pension benefits (in millions) Qualified Non- Other benefits Period ended December 31, 2025 $ 714 38 34 2026 670 37 29 2027 648 36 28 2028 631 33 26 2029 627 32 25 2030-2034 2,915 133 105
Pension and Other Benefit Plan Assets	Table 22.8 presents the classification of the fair value of the combined pension plan and other benefit plan assets in the fair value hierarchy. See Note 15 (Fair Value Measurements) for a description of the fair value hierarchy, including a summary of valuation methodologies used for assets measured at fair value. Level 3 assets were insignificant. Table 22.8: Pension and Other Benefit Plan Assets (in millions) Level 1 Level 2 Level 3 Total December 31, 2024 Debt securities (1) $ 1,581 4,561 — 6,142 Equity securities and mutual funds 983 — — 983 Collective investment funds — 1,062 — 1,062 Other 2 112 34 148 Total plan investments – excluding investments at NAV $ 2,566 5,735 34 8,335 Investments at NAV as a practical expedient (2) 246 Net receivables 51 Total plan assets $ 8,632 December 31, 2023 Debt securities (1) $ 1,507 4,932 — 6,439 Equity securities and mutual funds 922 — — 922 Collective investment funds — 1,110 — 1,110 Other 3 128 34 165 Total plan investments – excluding investments at NAV $ 2,432 6,170 34 8,636 Investments at NAV as a practical expedient (2) 264 Net receivables 231 Total plan assets $ 9,131 (1) Level 1 includes securities of the U.S. Treasury and Level 2 includes corporate debt securities. (2) Investments that are measured using the non-published net asset value (NAV) per share (or its equivalent) as a practical expedient are excluded from the fair value hierarchy.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	Table 23.1 presents the components of income tax expense (benefit). Table 23.1: Income Tax Expense (Benefit) Year ended December 31, (in millions) 2024 2023 2022 Current: U.S. Federal (1) $ 3,697 2,883 888 U.S. State and local 268 (453) (45) Non-U.S. 345 227 169 Total current 4,310 2,657 1,012 Deferred: U.S. Federal (737) (662) 767 U.S. State and local (131) 586 481 Non-U.S. (43) 26 (9) Total deferred (911) (50) 1,239 Total $ 3,399 2,607 2,251 (1) Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02, effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies) and Note 16 (Securitizations and Variable Interest Entities).
Effective Income Tax Expense (Benefit) and Rate	Table 23.2 reconciles the statutory federal income tax rate to the effective income tax rate. Our effective tax rate is calculated by dividing income tax expense (benefit) by income before income tax expense (benefit) less the net income (loss) from noncontrolling interests. Table 23.2: Effective Income Tax Expense (Benefit) and Rate December 31, 2024 2023 2022 (in millions) Amount Rate Amount Rate Amount Rate Statutory federal income tax expense and rate $ 4,855 21.0 % $ 4,567 21.0 % $ 3,345 21.0 % Change in tax rate resulting from: State and local taxes on income, net of federal income tax benefit 549 2.4 855 3.9 581 3.7 Tax-exempt interest (294) (1.3) (308) (1.4) (321) (2.0) Tax credits, net of amortization (1) (964) (4.2) (1,546) (7.1) (1,264) (8.0) Nondeductible expenses (2) 239 1.0 214 1.0 560 3.5 Changes in prior year unrecognized tax benefits, inclusive of interest (819) (3.5) (1,009) (4.6) (503) (3.2) Other (167) (0.7) (166) (0.8) (147) (0.9) Effective income tax expense and rate $ 3,399 14.7 % $ 2,607 12.0 % $ 2,251 14.1 % (1) Includes impacts of affordable housing and renewable energy tax credit investments. Prior period balances do not reflect accounting changes related to our adoption of ASU 2023-02, effective January 1, 2024. For additional information, see Note 1 (Summary of Significant Accounting Policies) and Note 16 (Securitizations and Variable Interest Entities). (2) Includes amounts related to nondeductible litigation and regulatory accruals in all years presented.
Net Deferred Taxes	The tax effects of our temporary differences that gave rise to significant portions of our deferred tax assets and liabilities are presented in Table 23.3. Table 23.3: Net Deferred Taxes (in millions) Dec 31, Dec 31, Deferred tax assets Net operating loss and tax credit carryforwards $ 4,721 4,369 Allowance for credit losses 3,580 3,648 Deferred compensation and employee benefits 3,194 3,201 Net unrealized losses on debt securities 2,881 2,784 Capitalized research expenses 1,653 1,389 Accrued expenses 1,187 1,416 Lease liabilities 1,104 1,011 Basis difference in investments 720 — Other 1,070 962 Total deferred tax assets 20,110 18,780 Deferred tax assets valuation allowance (162) (222) Deferred tax liabilities Mark to market, net (12,235) (12,571) Leasing and fixed assets (2,818) (2,794) Mortgage servicing rights (1,264) (1,552) Right-of-use assets (930) (818) Intangible assets (899) (874) Basis difference in investments — (60) Other (683) (520) Total deferred tax liabilities (18,829) (19,189) Net deferred tax asset (liability) (1) $ 1,119 (631) (1) The net deferred tax asset (liability) is included in other assets and accrued expenses and other liabilities, respectively.
Deferred Tax Assets Related To Net Operating Loss and Tax Credit Carryforwards	Table 23.4 presents the components of the deferred tax assets related to net operating loss (NOL) and tax credit carryforwards at December 31, 2024. If not utilized, carryforwards mostly expire in varying amounts through December 31, 2044, with the exception of U.S. Federal corporate alternative minimum tax credits that do not expire. Table 23.4: Deferred Tax Assets Related To Net Operating Loss and Tax Credit Carryforwards (in millions) Dec 31, 2024 U.S. Federal tax credits $ 4,415 U.S. State NOLs and credits 237 Non-U.S. NOLs and credits 69 Total net operating loss and tax credit carryforwards $ 4,721
Change in Unrecognized Tax Benefits	Table 23.5 presents the change in unrecognized tax benefits. Table 23.5: Change in Unrecognized Tax Benefits Year ended (in millions) 2024 2023 Balance, beginning of period $ 4,114 5,437 Additions: For tax positions related to the current year 292 246 For tax positions related to prior years 140 352 Reductions: For tax positions related to prior years (1,354) (765) Lapse of statute of limitations (44) (389) Settlements with tax authorities (43) (767) Balance, end of period $ 3,105 4,114
Tax Examination Status	Table 23.6 summarizes our major tax jurisdiction examination status as of December 31, 2024. Table 23.6: Tax Examination Status Jurisdiction Tax Year(s) Status United States 2015-2016 Administrative appeals United States 2017-2022 Field examination California 2015-2020 Field examination New York State 2017-2019 Field examination New York City 2017-2019 Field examination

Earnings and Dividends Per Co_2

Earnings and Dividends Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Common Share Calculations	Table 24.1 shows earnings per common share and diluted earnings per common share and reconciles the numerator and denominator of both earnings per common share calculations. See the Consolidated Statement of Changes in Equity and Note 12 (Common Stock and Stock Plans) for information about stock and options activity. Table 24.1: Earnings Per Common Share Calculations Year ended December 31, (in millions, except per share amounts) 2024 2023 2022 Wells Fargo net income $ 19,722 19,142 13,677 Less: Preferred stock dividends and other (1) 1,116 1,160 1,115 Wells Fargo net income applicable to common stock (numerator) $ 18,606 17,982 12,562 Earnings per common share Average common shares outstanding (denominator) 3,426.1 3,688.3 3,805.2 Per share $ 5.43 4.88 3.30 Diluted earnings per common share Average common shares outstanding 3,426.1 3,688.3 3,805.2 Add: Restricted share rights (2) 41.5 32.1 31.8 Diluted average common shares outstanding (denominator) 3,467.6 3,720.4 3,837.0 Per share $ 5.37 4.83 3.27 (1) Includes costs associated with any preferred stock redemption. (2) Calculated using the treasury stock method.
Outstanding Anti-Dilutive Securities	Table 24.2 presents the outstanding securities that were anti-dilutive and therefore not included in the calculation of diluted earnings per common share. Table 24.2: Outstanding Anti-Dilutive Securities Weighted-average shares Year ended December 31, (in millions) 2024 2023 2022 Convertible Preferred Stock, Series L (1) 25.3 25.3 25.3 Restricted share rights (2) 0.1 0.1 0.2 (1) Calculated using the if-converted method. (2) Calculated using the treasury stock method.
Dividends Declared Per Common Share	Table 24.3 presents dividends declared per common share. Table 24.3: Dividends Declared Per Common Share Year ended December 31, 2024 2023 2022 Per common share $ 1.50 1.30 1.10

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2024
Accumulative Other Comprehensive Income Balances [Abstract]
Summary of Other Comprehensive Income	Table 25.1 provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects. Income tax effects are reclassified from accumulated OCI to net income in the same period as the related pre-tax amount. Table 25.1: Summary of Other Comprehensive Income Twelve months ended December 31, 2024 2023 2022 (in millions) Before Tax effect Net of Before Tax Net of Before Tax Net of Debt securities: Net unrealized gains (losses) arising during the period $ (1,824) 449 (1,375) 1,136 (278) 858 (14,320) 3,526 (10,794) Reclassification of net (gains) losses to net income 1,437 (354) 1,083 549 (136) 413 391 (97) 294 Net change (387) 95 (292) 1,685 (414) 1,271 (13,929) 3,429 (10,500) Derivatives and hedging activities: Fair Value Hedges: Change in fair value of excluded components on fair value hedges (1) 20 (5) 15 22 (6) 16 87 (21) 66 Cash Flow Hedges: Net unrealized gains (losses) arising during the period on cash flow hedges (1,223) 302 (921) (201) 50 (151) (1,541) 381 (1,160) Reclassification of net (gains) losses to net income 847 (209) 638 724 (178) 546 6 (2) 4 Net change (356) 88 (268) 545 (134) 411 (1,448) 358 (1,090) Defined benefit plans adjustments: Net actuarial and prior service gains (losses) arising during the period 99 (24) 75 (22) 5 (17) (141) 35 (106) Reclassification of amounts to noninterest expense (2) 109 (24) 85 109 (24) 85 343 (83) 260 Net change 208 (48) 160 87 (19) 68 202 (48) 154 Debit valuation adjustments (DVA) and other: Net unrealized gains (losses) arising during the period (40) 9 (31) (38) 9 (29) 73 (15) 58 Reclassification of net (gains) losses to net income — — — — — — — — — Net change (40) 9 (31) (38) 9 (29) 73 (15) 58 Foreign currency translation adjustments: Net unrealized gains (losses) arising during the period (163) (2) (165) 65 (2) 63 (233) (3) (236) Reclassification of net (gains) losses to net income — — — — — — — — — Net change (163) (2) (165) 65 (2) 63 (233) (3) (236) Other comprehensive income (loss) $ (738) 142 (596) 2,344 (560) 1,784 (15,335) 3,721 (11,614) Less: Other comprehensive income from noncontrolling interests, net of tax — 2 2 Wells Fargo other comprehensive income (loss), net of tax $ (596) 1,782 (11,616) (1) Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income. (2) These items are included in the computation of net periodic benefit cost. See Note 22 (Employee Benefits) for additional information.
Accumulated OCI Balances	Table 25.2 provides the accumulated OCI balance activity on an after-tax basis. Table 25.2: Accumulated OCI Balances (in millions) Debt securities (1) Fair value hedges (2) Cash flow hedges (3) Defined Debit valuation adjustments Foreign Accumulated Balance, December 31, 2021 $ 665 (143) (27) (2,055) — (142) (1,702) Transition adjustment — — — — (44) — (44) Balance, January 1, 2022 665 (143) (27) (2,055) (44) (142) (1,746) Net unrealized gains (losses) arising during the period (10,794) 66 (1,160) (106) 58 (236) (12,172) Amounts reclassified from accumulated other comprehensive income 294 — 4 260 — — 558 Net change (10,500) 66 (1,156) 154 58 (236) (11,614) Less: Other comprehensive loss from noncontrolling interests — — — — — 2 2 Balance, December 31, 2022 (9,835) (77) (1,183) (1,901) 14 (380) (13,362) Net unrealized gains (losses) arising during the period 858 16 (151) (17) (29) 63 740 Amounts reclassified from accumulated other comprehensive income 413 — 546 85 — — 1,044 Net change 1,271 16 395 68 (29) 63 1,784 Less: Other comprehensive loss from noncontrolling interests — — — — — 2 2 Balance, December 31, 2023 (8,564) (61) (788) (1,833) (15) (319) (11,580) Net unrealized gains (losses) arising during the period (1,375) 15 (921) 75 (31) (165) (2,402) Amounts reclassified from accumulated other comprehensive income 1,083 — 638 85 — — 1,806 Net change (292) 15 (283) 160 (31) (165) (596) Less: Other comprehensive income from noncontrolling interests — — — — — — — Balance, December 31, 2024 $ (8,856) (46) (1,071) (1,673) (46) (484) (12,176) (1) At December 31, 2024, 2023, and 2022, accumulated other comprehensive loss includes unamortized after-tax unrealized losses of $3.1 billion, $3.5 billion, and $3.7 billion, respectively, associated with the transfer of securities from AFS to HTM. These amounts are subsequently amortized into earnings over the same period as the related unamortized premiums and discounts. (2) Substantially all of the amounts for fair value hedges are foreign exchange contracts. (3) Substantially all of the amounts for cash flow hedges are interest rate contracts.

Regulatory Capital Requiremen_2

Regulatory Capital Requirements and Other Restrictions (Tables)	12 Months Ended
	Dec. 31, 2024
Regulatory Capital Requirements and Other Restrictions [Abstract]
Regulatory Capital Information	Table 26.1 presents regulatory capital information for the Company and the Bank in accordance with Basel III capital requirements. We must calculate our risk-based capital ratios under both the Standardized and Advanced Approaches. The Standardized Approach applies assigned risk weights to broad risk categories, while the calculation of risk-weighted assets (RWAs) under the Advanced Approach differs by requiring applicable banks to utilize a risk-sensitive methodology, which relies upon the use of internal credit models, and includes an operational risk component. Table 26.1: Regulatory Capital Information Wells Fargo & Company Wells Fargo Bank, N.A. Standardized Approach Advanced Approach Standardized Approach Advanced Approach (in millions, except ratios) Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Dec 31, Regulatory capital: Common Equity Tier 1 $ 134,588 140,783 134,588 140,783 145,651 142,108 145,651 142,108 Tier 1 152,866 159,823 152,866 159,823 145,651 142,108 145,651 142,108 Total 184,638 193,061 174,446 182,726 167,936 165,634 158,021 155,560 Assets: Risk-weighted assets 1,216,146 1,231,668 1,085,017 1,114,281 1,113,190 1,137,605 916,135 956,545 Adjusted average assets (1) 1,891,333 1,880,981 1,891,333 1,880,981 1,669,946 1,682,199 1,669,946 1,682,199 Regulatory capital ratios: Common Equity Tier 1 capital 11.07 % * 11.43 12.40 12.63 13.08 * 12.49 15.90 14.86 Tier 1 capital 12.57 * 12.98 14.09 14.34 13.08 * 12.49 15.90 14.86 Total capital 15.18 * 15.67 16.08 16.40 15.09 * 14.56 17.25 16.26 Required minimum capital ratios: Common Equity Tier 1 capital 9.80 8.90 8.50 8.50 7.00 7.00 7.00 7.00 Tier 1 capital 11.30 10.40 10.00 10.00 8.50 8.50 8.50 8.50 Total capital 13.30 12.40 12.00 12.00 10.50 10.50 10.50 10.50 Wells Fargo & Company Wells Fargo Bank, N.A. December 31, 2024 December 31, 2023 December 31, 2024 December 31, 2023 Regulatory leverage: Total leverage exposure (2) $ 2,267,641 2,253,933 2,033,458 2,048,633 Supplementary leverage ratio (2) 6.74 % 7.09 7.16 6.94 Tier 1 leverage ratio (1) 8.08 8.50 8.72 8.45 Required minimum leverage: Supplementary leverage ratio 5.00 5.00 6.00 6.00 Tier 1 leverage ratio 4.00 4.00 4.00 4.00 * Denotes the binding ratio under the Standardized and Advanced Approaches at December 31, 2024. (1) Adjusted average assets consists of total quarterly average assets less goodwill and other permitted Tier 1 capital deductions. The Tier 1 leverage ratio consists of Tier 1 capital divided by total quarterly average assets, excluding goodwill and certain other items as determined under capital rule requirements. (2) The supplementary leverage ratio consists of Tier 1 capital divided by total leverage exposure. Total leverage exposure consists of total consolidated assets adjusted for certain off-balance sheet exposures, goodwill, and other permitted Tier 1 capital deductions.
Nature of Restrictions on Cash and Cash Equivalents	Table 26.2 provides a summary of restrictions on cash and cash equivalents . Table 26.2: Nature of Restrictions on Cash and Cash Equivalents (in millions) Dec 31, Dec 31, Reserve balance for non-U.S. central banks $ 188 230 Segregated for benefit of brokerage customers under federal and other brokerage regulations 1,035 986

Parent-Only Financial Stateme_2

Parent-Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]
Parent-Only Statement of Income	The following tables present Parent-only condensed financial statements. Table 27.1: Parent-Only Statement of Income Year ended December 31, (in millions) 2024 2023 2022 Income Dividends from subsidiaries $ 18,600 22,300 14,590 Interest income from subsidiaries 11,199 10,845 4,759 Other income 527 217 (51) Total income 30,326 33,362 19,298 Expense Interest expense: Indebtedness to nonbank subsidiaries 2,291 2,567 1,124 Long-term debt 11,033 9,909 4,994 Noninterest expense 1,151 504 2,043 Total expense 14,475 12,980 8,161 Income before income tax benefit and equity in undistributed income of subsidiaries 15,851 20,382 11,137 Income tax benefit (1,747) (1,076) (1,497) Equity in undistributed income of subsidiaries 2,124 (2,316) 1,043 Net income $ 19,722 19,142 13,677 Other comprehensive income (loss) (1) (596) 1,782 (11,616) Total comprehensive income $ 19,126 20,924 2,061 (1) Includes other comprehensive income (loss) of subsidiaries, particularly related to debt securities.
Parent-Only Balance Sheet	Table 27.2: Parent-Only Balance Sheet (in millions) Dec 31, Dec 31, Assets Cash, cash equivalents, and restricted cash due from subsidiary banks $ 20,991 15,856 Loans to nonbank subsidiaries 185,269 187,306 Investments in subsidiaries (1) 162,913 161,698 Other 10,331 11,327 Total assets $ 379,504 376,187 Liabilities and equity Accrued expenses and other liabilities $ 8,380 8,933 Long-term debt 146,851 148,053 Indebtedness to nonbank subsidiaries 45,153 33,466 Total liabilities 200,384 190,452 Stockholders’ equity 179,120 185,735 Total liabilities and equity $ 379,504 376,187 (1)
Parent-Only Statement of Cash Flows	Table 27.3: Parent-Only Statement of Cash Flows Year ended December 31, (in millions) 2024 2023 2022 Cash flows from operating activities: Net cash provided (used) by operating activities $ 18,308 25,972 (4,575) Cash flows from investing activities: Loans: Capital notes and term loans made to subsidiaries (3,904) (5,420) (3,567) Principal collected on notes/loans made to subsidiaries 4,510 1,730 4,062 Other, net 1 40 (268) Net cash provided (used) by investing activities 607 (3,650) 227 Cash flows from financing activities: Net increase (decrease) in short-term borrowings and indebtedness to subsidiaries 11,687 (14,238) 8,153 Long-term debt: Proceeds from issuance 17,518 19,070 26,520 Repayment (15,684) (9,311) (17,618) Preferred stock: Proceeds from issuance 1,997 1,722 — Redeemed (2,840) (1,725) — Cash dividends paid (1,099) (1,141) (1,115) Common stock: Repurchased (19,448) (11,851) (6,033) Cash dividends paid (5,133) (4,789) (4,178) Other, net (778) (374) (344) Net cash provided (used) by financing activities (13,780) (22,637) 5,385 Net change in cash, cash equivalents, and restricted cash 5,135 (315) 1,037 Cash, cash equivalents, and restricted cash at beginning of period 15,856 16,171 15,134 Cash, cash equivalents, and restricted cash at end of period $ 20,991 15,856 16,171

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Equity securities	$ 60,644	$ 57,336
Other assets	73,302	78,815
Accrued expenses and other liabilities	78,756	71,210
Long-term debt	173,078	207,588
Retained earnings	214,198	201,136
Depreciation and amortization expense	$ 1,400	1,300	$ 1,200
Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2023-02 Cumulative Effect Period of Adoption [Member]
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Equity securities		1,700
Other assets		548
Accrued expenses and other liabilities		7,333
Long-term debt		(4,927)
Retained earnings		(158)
Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2023-02 Cumulative Effect Period of Adoption [Member]
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Equity securities		59,036
Other assets		79,363
Accrued expenses and other liabilities		78,543
Long-term debt		202,661
Retained earnings		$ 200,978

Trading Assets and Liabilities

Trading Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Trading Assets and Liabilities [Line Items]
Trading debt securities	$ 121,205	$ 97,302
Loans held for sale	6,260	4,936
Gross derivative assets	94,692	68,095
Derivative assets	20,012	18,223
Gross trading derivative liabilities	95,429	75,488
Derivative liabilities	16,335	18,495
Held for trading at fair value [Member]
Trading Assets and Liabilities [Line Items]
Trading debt securities	121,205	97,302
Equity securities, carried at fair value	19,270	18,449
Loans held for sale	3,587	1,793
Gross derivative assets	97,696	71,990
Netting	(77,926)	(54,069)
Derivative assets	19,770	17,921
Total trading assets	163,832	135,465
Short sale and other liabilities	28,744	25,471
Interest-bearing deposits	318	1,297
Long-term debt	3,495	2,308
Gross trading derivative liabilities	96,783	77,807
Netting	(81,345)	(60,366)
Derivative liabilities	15,438	17,441
Total trading liabilities	$ 47,995	$ 46,517

Trading Activities, Net Interes

Trading Activities, Net Interest Income and Net Gains (Losses) from Trading Activities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Interest income	$ 5,541	$ 4,229	$ 3,011
Interest expense	874	643	592
Total net interest income	4,667	3,586	2,419
Total net gains (losses) from trading activities	5,284	4,799	2,116
Total trading-related net interest and noninterest income	9,951	8,385	4,535
Interest rate [Member]
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Total net gains (losses) from trading activities	823	444	456
Commodity [Member]
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Total net gains (losses) from trading activities	382	372	345
Equity [Member]
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Total net gains (losses) from trading activities	1,195	1,106	883
Foreign Exchange
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Total net gains (losses) from trading activities	2,299	2,124	1,168
Credit [Member]
Net Interest Income and Net Gains (Losses) from Trading Activities [Line Items]
Total net gains (losses) from trading activities	$ 585	$ 753	$ (736)

AFS and HTM Debt Securities, Ou

AFS and HTM Debt Securities, Outstanding (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 170,650	$ 137,201
Available-for sale, at amortized cost, net of allowance for credit losses, including portfolio level basis adjustments	170,607	137,155
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	155	196
Available-for-sale, gross unrealized gains	155	196
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(7,827)	(6,949)
Available-for-sale, gross unrealized losses	(7,827)	(6,949)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	(7,672)	(6,753)
Available-for-sale, net unrealized gains (losses)	(7,629)	(6,707)
Available-for-sale, at fair value excluding portfolio level basis adjustments	162,978	130,448
Available-for-sale, at fair value	162,978	130,448
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	234,948	262,708
Held-to-maturity, gross unrealized gains	106	232
Held-to-maturity, gross unrealized losses	(41,275)	(35,624)
Held-to-maturity, net unrealized gains (losses)	(41,169)	(35,392)
Held-to-maturity, at fair value	193,779	227,316
Total AFS and HTM Debt securities:
Amortized cost including portfolio level basis adjustment, net	405,555	399,863
Debt securities, gross unrealized gains	261	428
Debt securities, gross unrealized losses	(49,102)	(42,573)
Debt securities, net unrealized gains (losses)	(48,798)	(42,099)
Fair value	356,757	357,764
AFS and HTM Debt Securities Textual [Abstract]
Allowance for credit loss, available-for-sale debt securities	34	1
Allowance for credit loss, held-to-maturity debt securities	95	93
Fair value hedging [Member]
Available-for-sale debt securities:
Portfolio layer basis adjustment	(43)	(46)
Reversal of portfolio level basis adjustments	43	46
Securities of U.S. Treasury and federal agencies [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	23,791	47,351
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	1	2
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(507)	(1,886)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	(506)	(1,884)
Available-for-sale, at fair value excluding portfolio level basis adjustments	23,285	45,467
Available-for-sale, at fair value	23,285
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	3,794	3,790
Held-to-maturity, gross unrealized gains	0	0
Held-to-maturity, gross unrealized losses	(1,779)	(1,503)
Held-to-maturity, net unrealized gains (losses)	(1,779)	(1,503)
Held-to-maturity, at fair value	2,015	2,287
Securities of U.S. states and political subdivisions [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	12,542	20,654
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	11	36
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(518)	(624)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	(507)	(588)
Available-for-sale, at fair value excluding portfolio level basis adjustments	12,035	20,066
Available-for-sale, at fair value	12,035	20,066
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	18,200	18,624
Held-to-maturity, gross unrealized gains	0	3
Held-to-maturity, gross unrealized losses	(3,342)	(2,939)
Held-to-maturity, net unrealized gains (losses)	(3,342)	(2,936)
Held-to-maturity, at fair value	14,858	15,688
Securities of U.S. states and political subdivisions [Member] | Nontaxable preferred debt securities [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	2,800	5,500
Available-for-sale, at fair value excluding portfolio level basis adjustments	2,800	5,500
Federal agency mortgage-backed securities [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	129,703	63,741
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	84	111
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(6,758)	(4,274)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	(6,674)	(4,163)
Available-for-sale, at fair value excluding portfolio level basis adjustments	123,029	59,578
Available-for-sale, at fair value	123,029
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	193,982	209,170
Held-to-maturity, gross unrealized gains	0	136
Held-to-maturity, gross unrealized losses	(36,029)	(30,918)
Held-to-maturity, net unrealized gains (losses)	(36,029)	(30,782)
Held-to-maturity, at fair value	157,953	178,388
Non-agency mortgage-backed securities [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	1,844	2,892
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	3	1
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(41)	(144)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	(38)	(143)
Available-for-sale, at fair value excluding portfolio level basis adjustments	1,806	2,749
Available-for-sale, at fair value	1,806
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	1,364	1,276
Held-to-maturity, gross unrealized gains	50	18
Held-to-maturity, gross unrealized losses	(81)	(120)
Held-to-maturity, net unrealized gains (losses)	(31)	(102)
Held-to-maturity, at fair value	1,333	1,174
Collateralized loan obligations [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	2,196	1,538
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	6	0
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	0	(5)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	6	(5)
Available-for-sale, at fair value excluding portfolio level basis adjustments	2,202	1,533
Available-for-sale, at fair value	2,202	1,533
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	15,888	28,122
Held-to-maturity, gross unrealized gains	56	75
Held-to-maturity, gross unrealized losses	0	(63)
Held-to-maturity, net unrealized gains (losses)	56	12
Held-to-maturity, at fair value	15,944	28,134
Other debt securities [Member]
Available-for-sale debt securities:
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	574	1,025
Available-for-sale, gross unrealized gains, excluding portfolio level basis adjustments	50	46
Available-for-sale, gross unrealized losses, excluding portfolio level basis adjustments	(3)	(16)
Available-for-sale, net unrealized gains (losses), excluding portfolio level basis adjustments	47	30
Available-for-sale, at fair value excluding portfolio level basis adjustments	621	1,055
Available-for-sale, at fair value	621
Held-to-maturity debt securities:
Held-to-maturity, amortized cost, net	1,720	1,726
Held-to-maturity, gross unrealized gains	0	0
Held-to-maturity, gross unrealized losses	(44)	(81)
Held-to-maturity, net unrealized gains (losses)	(44)	(81)
Held-to-maturity, at fair value	$ 1,676	$ 1,645

AFS and HTM Debt Securities, HT

AFS and HTM Debt Securities, HTM Debt Securities Purchases and Transfers (Details) - USD ($) $ in Millions		12 Months Ended
	Jan. 01, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Held-to-maturity Purchase or Transfer of Investment [Abstract]
Purchases of held-to-maturity debt securities		$ 167	$ 4,319	$ 3,105
Transfers from available-for-sale debt securities to held-to-maturity debt securities		0	3,687	50,132
AFS and HTM Debt Securities Textual [Abstract]
Unrealized losses on debt securities transferred from AFS to HTM, before Tax			320	4,500
Securities of U.S. states and political subdivisions [Member]
Debt Securities, Held-to-maturity Purchase or Transfer of Investment [Abstract]
Purchases of held-to-maturity debt securities		0	0	843
Federal agency mortgage-backed securities [Member]
Debt Securities, Held-to-maturity Purchase or Transfer of Investment [Abstract]
Purchases of held-to-maturity debt securities		0	4,225	2,051
Transfers from available-for-sale debt securities to held-to-maturity debt securities		0	3,687	50,132
Non-agency mortgage-backed securities [Member]
Debt Securities, Held-to-maturity Purchase or Transfer of Investment [Abstract]
Purchases of held-to-maturity debt securities		$ 167	$ 94	$ 211
Accounting Standards Update 2022-01 [Member] | Fixed rate securities [Member]
AFS and HTM Debt Securities Textual [Abstract]
Debt securities, available-for-sale, fair value, transfer from, held-to-maturity, amount	$ 23,200

AFS and HTM Debt Securities, In

AFS and HTM Debt Securities, Income Statement Impacts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
AFS And HTM Debt Securities [Abstract]
Debt securities, held-to-maturity, sold, realized gain (loss)	$ 0	$ 0	$ 0
Available For Sale and Held To Maturity Debt Securities Income Statement Impacts [Abstract]
Interest income, Available-for-sale	6,489	5,202	3,095
Interest income, Held-to-maturity	6,512	7,118	6,220
Total interest income	13,001	12,320	9,315
Provision for credit losses, Available-for-sale,	44	(26)	1
Provision for credit losses, Held-to-maturity	1	7	(11)
Total provision for credit losses	45	(19)	(10)
Gross realized gains	32	37	276
Gross realized losses	(952)	(27)	(125)
Net realized gains (losses)	$ (920)	$ 10	$ 151

AFS and HTM Debt Securities, _2

AFS and HTM Debt Securities, Investment Grade Debt Securities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Available-for-sale, at fair value	$ 162,978	$ 130,448
Available-for-sale, percent of investment grade	99%	99%
Held-to-maturity, amortized cost	$ 235,043	$ 262,801
Held-to-maturity, percent of investment grade	99%	99%
Credit rating AA- and above [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Percentage of AFS and HTM debt securities with the same credit rating	99%	99%
Securities of U.S. Treasury and federal agencies [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Available-for-sale, at fair value	$ 146,314	$ 105,045
Available-for-sale, percent of investment grade	100%	100%
Held-to-maturity, amortized cost	$ 197,777	$ 212,960
Held-to-maturity, percent of investment grade	100%	100%
Securities of U.S. states and political subdivisions [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Available-for-sale, at fair value	$ 12,035	$ 20,066
Available-for-sale, percent of investment grade	99%	99%
Held-to-maturity, amortized cost	$ 18,210	$ 18,635
Held-to-maturity, percent of investment grade	100%	100%
Collateralized loan obligations [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Available-for-sale, at fair value	$ 2,202	$ 1,533
Available-for-sale, percent of investment grade	100%	100%
Held-to-maturity, amortized cost	$ 15,904	$ 28,154
Held-to-maturity, percent of investment grade	100%	100%
Collateralized loan obligations [Member] | Credit rating AA- and above [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Percentage of AFS and HTM debt securities with the same credit rating	100%	100%
All other debt securities [Member]
Available For Sale And Held To Maturity Debt Securities Credit Ratings [Abstract]
Available-for-sale, at fair value	$ 2,427	$ 3,804
Available-for-sale, percent of investment grade	89%	95%
Held-to-maturity, amortized cost	$ 3,152	$ 3,052
Held-to-maturity, percent of investment grade	61%	64%

AFS and HTM Debt Securities, Gr

AFS and HTM Debt Securities, Gross Unrealized Losses and Fair Value (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	$ (1,554)	$ (94)
Less than 12 months, Fair value, available-for-sale	86,194	9,538
12 months or more, Gross unrealized losses, available-for-sale	(6,273)	(6,855)
12 months or more, Fair value, available-for-sale	57,136	101,051
Total, Gross unrealized losses, available-for-sale	(7,827)	(6,949)
Total Fair value, available for sale	143,330	110,589
Securities of U.S. Treasury and federal agencies [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	(77)	(5)
Less than 12 months, Fair value, available-for-sale	14,000	942
12 months or more, Gross unrealized losses, available-for-sale	(430)	(1,881)
12 months or more, Fair value, available-for-sale	7,778	43,722
Total, Gross unrealized losses, available-for-sale	(507)	(1,886)
Total Fair value, available for sale	21,778	44,664
Securities of U.S. states and political subdivisions [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	(11)	(12)
Less than 12 months, Fair value, available-for-sale	748	1,405
12 months or more, Gross unrealized losses, available-for-sale	(507)	(612)
12 months or more, Fair value, available-for-sale	7,215	11,247
Total, Gross unrealized losses, available-for-sale	(518)	(624)
Total Fair value, available for sale	7,963	12,652
Federal agency mortgage-backed securities [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	(1,465)	(76)
Less than 12 months, Fair value, available-for-sale	71,424	7,149
12 months or more, Gross unrealized losses, available-for-sale	(5,293)	(4,198)
12 months or more, Fair value, available-for-sale	40,722	41,986
Total, Gross unrealized losses, available-for-sale	(6,758)	(4,274)
Total Fair value, available for sale	112,146	49,135
Non-agency mortgage-backed securities [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	(1)	(1)
Less than 12 months, Fair value, available-for-sale	22	42
12 months or more, Gross unrealized losses, available-for-sale	(40)	(143)
12 months or more, Fair value, available-for-sale	1,307	2,697
Total, Gross unrealized losses, available-for-sale	(41)	(144)
Total Fair value, available for sale	1,329	2,739
Collateralized loan obligations [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale		0
Less than 12 months, Fair value, available-for-sale		0
12 months or more, Gross unrealized losses, available-for-sale		(5)
12 months or more, Fair value, available-for-sale		979
Total, Gross unrealized losses, available-for-sale		(5)
Total Fair value, available for sale		979
Other debt securities [Member]
Available-for-sale debt securities:
Less than 12 months, Gross unrealized losses, available-for-sale	0	0
Less than 12 months, Fair value, available-for-sale	0	0
12 months or more, Gross unrealized losses, available-for-sale	(3)	(16)
12 months or more, Fair value, available-for-sale	114	420
Total, Gross unrealized losses, available-for-sale	(3)	(16)
Total Fair value, available for sale	$ 114	$ 420

AFS Debt Securities, Contractua

AFS Debt Securities, Contractual Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 170,650	$ 137,201
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	1,973
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	13,585
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	15,841
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	139,251
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	162,978	130,448
Available-for-sale, fair value, remaining contractual maturity, due within one year	1,968
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	13,169
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	15,535
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 132,306
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	4.21%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	2.77%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	2.68%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	4.06%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	4.40%
Fair value hedging [Member]
AFS and HTM Debt Securities Textual [Abstract]
Portfolio layer basis adjustment	$ (43)	(46)
Securities of U.S. Treasury and federal agencies [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	23,791	47,351
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	1,749
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	9,736
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	10,947
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	1,359
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	23,285
Available-for-sale, fair value, remaining contractual maturity, due within one year	1,745
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	9,362
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	10,918
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 1,260
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	3.19%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	2.76%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	2.33%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	4.23%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	1.44%
Securities of U.S. states and political subdivisions [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 12,542	20,654
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	144
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	3,565
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	3,158
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	5,675
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	12,035	20,066
Available-for-sale, fair value, remaining contractual maturity, due within one year	143
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	3,514
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	2,888
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 5,490
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	3.29%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	3.59%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	3.52%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	3.03%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	3.27%
Federal agency mortgage-backed securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 129,703	63,741
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	20
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	58
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	522
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	129,103
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	123,029
Available-for-sale, fair value, remaining contractual maturity, due within one year	20
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	57
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	493
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 122,459
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	4.46%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	2.80%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	4.23%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	2.55%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	4.47%
Non-agency mortgage-backed securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 1,844	2,892
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	0
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	1
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	89
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	1,754
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	1,806
Available-for-sale, fair value, remaining contractual maturity, due within one year	0
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	1
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	84
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 1,721
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	4.31%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	0%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	5.41%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	4.89%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	4.28%
Collateralized loan obligations [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 2,196	1,538
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	0
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	60
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	792
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	1,344
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	2,202	1,533
Available-for-sale, fair value, remaining contractual maturity, due within one year	0
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	60
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	793
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 1,349
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	6.20%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	0%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	6.60%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	6.32%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	6.11%
Other debt securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]
Available-for-sale, at amortized cost, net of allowance for credit losses, excluding portfolio level basis adjustments	$ 574	$ 1,025
Available-for-sale, amortized cost, net, remaining contractual maturity, due within one year	60
Available-for-sale, amortized cost, net, remaining contractual maturity, due after one year through five years	165
Available-for-sale, amortized cost, net, remaining contractual maturity, due after five years through ten years	333
Available-for-sale, amortized cost, net, remaining contractual maturity, due after ten years	16
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling Maturity, Fair Value [Abstract]
Available-for-sale, at fair value	621
Available-for-sale, fair value, remaining contractual maturity, due within one year	60
Available-for-sale, fair value, remaining contractual maturity, due after one year through five years	175
Available-for-sale, fair value, remaining contractual maturity, due after five years through ten years	359
Available-for-sale, fair value, remaining contractual maturity, due after ten years	$ 27
Debt Securities, Available-for-Sale, Rolling Maturity, Weighted Average Yield [Abstract]
Available-for-sale, weighted average yield	5.05%
Available-for-sale, weighted average yield, remaining contractual maturity, due within one year	3.57%
Available-for-sale, weighted average yield, remaining contractual maturity, due after one year through five years	6.24%
Available-for-sale, weighted average yield, remaining contractual maturity, due after five years through ten years	4.89%
Available-for-sale, weighted average yield, remaining contractual maturity, due after ten years	1.63%

HTM Debt Securities, Contractua

HTM Debt Securities, Contractual Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 234,948	$ 262,708
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	203
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	1,599
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	15,765
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	217,381
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	193,779	227,316
Held-to-maturity, fair value, remaining contractual maturity, due within one year	201
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	1,554
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	15,784
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 176,240
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	2.64%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	1.20%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	4.11%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	6.18%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	2.37%
Securities of U.S. Treasury and federal agencies [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 3,794	3,790
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	3,794
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	2,015	2,287
Held-to-maturity, fair value, remaining contractual maturity, due within one year	0
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	0
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	0
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 2,015
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	1.59%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	0%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	1.59%
Securities of U.S. states and political subdivisions [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 18,200	18,624
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	203
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	497
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	468
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	17,032
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	14,858	15,688
Held-to-maturity, fair value, remaining contractual maturity, due within one year	201
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	481
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	441
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 13,735
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	2.37%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	1.20%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	2.33%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	2.72%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	2.37%
Federal agency mortgage-backed securities [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 193,982	209,170
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	193,982
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	157,953	178,388
Held-to-maturity, fair value, remaining contractual maturity, due within one year	0
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	0
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	0
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 157,953
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	2.35%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	0%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	2.35%
Non-agency mortgage-backed securities [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 1,364	1,276
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	49
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	42
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	1,273
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	1,333	1,174
Held-to-maturity, fair value, remaining contractual maturity, due within one year	0
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	54
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	44
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 1,235
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	3.53%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	5.45%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	3.08%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	3.47%
Collateralized loan obligations [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 15,888	28,122
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	76
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	14,512
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	1,300
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	15,944	28,134
Held-to-maturity, fair value, remaining contractual maturity, due within one year	0
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	77
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	14,565
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 1,302
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	6.30%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	6.56%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	6.31%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	6.07%
Other debt securities [Member]
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling Maturity [Abstract]
Held-to-maturity, amortized cost, net	$ 1,720	1,726
Held-to-maturity, amortized cost, net, remaining contractual maturity, due within one year	0
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after one year through five years	977
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after five years through ten years	743
Held-to-maturity, amortized cost, net, remaining contractual maturity, due after ten years	0
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value, Rolling Maturity [Abstract]
Held-to-maturity, fair value	1,676	$ 1,645
Held-to-maturity, fair value, remaining contractual maturity, due within one year	0
Held-to-maturity, fair value, remaining contractual maturity, due after one year through five years	942
Held-to-maturity, fair value, remaining contractual maturity, due after five years through ten years	734
Held-to-maturity, fair value, remaining contractual maturity, due after ten years	$ 0
Debt Securities, Held-to-Maturity, Rolling Maturity, Weighted Average Yield [Abstract]
Held-to-maturity weighted average yield	5.27%
Held-to-maturity, weighted average yield, remaining contractual maturity, due within one year	0%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after one year through five years	4.75%
Held-to-maturity, weighted average yield, remaining contractual maturity, due after five years through ten years	5.95%
Held-to-maturity, weighed average yield, remaining contractual maturity, due after ten years	0%

Equity Securities (Details)

Equity Securities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Equity Securities [Line Items]
Equity securities	$ 60,644	$ 57,336
Equity Securities Textual [Abstract]
Contractual lock-up period restriction for sale	590
Federal Reserve Bank Stock	3,500	3,500
Federal Home Loan Bank Stock	224	1,700
Held for trading at fair value [Member]
Equity Securities [Line Items]
Equity securities, carried at fair value	19,270	18,449
Not held for trading [Member]
Equity Securities [Line Items]
Equity securities, carried at fair value	3,052	1,392
Equity securities	41,374	38,887
Not held for trading [Member] | Tax credit investments [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	21,933	20,016
Not held for trading [Member] | Affordable housing tax credit investments [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	12,300	12,900
Not held for trading [Member] | Renewable energy tax credit investments [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	9,400	6,800
Not held for trading [Member] | Private equity [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	12,607	12,203
Not held for trading [Member] | Federal Reserve Bank stock and other at cost [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	3,782	5,276
Not held for trading [Member] | Other method investments - Private equity [Member]
Equity Securities [Line Items]
Equity securities, not carried at fair value	$ 9,300	$ 9,100

Equity Securities, Net Gains (L

Equity Securities, Net Gains (Losses) from Equity Securities Not Held for Trading (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net Gains (Losses) from Equity Securities [Line Items]
Total net gains (losses) from equity securities not held for trading	$ 1,070	$ (441)	$ (806)
Net gains (losses) from equity securities [Member]
Net Gains (Losses) from Equity Securities [Line Items]
Net gains (losses) from equity securities carried at fair value	442	84	(307)
Net gains (losses) from nonmarketable equity securities not carried at fair value	628	(525)	(499)
Impairment write-downs [Member]
Net Gains (Losses) from Equity Securities [Line Items]
Net gains (losses) from nonmarketable equity securities not carried at fair value	(773)	(1,307)	(2,452)
Net unrealized gains (losses) [Member]
Net Gains (Losses) from Equity Securities [Line Items]
Net gains (losses) from nonmarketable equity securities not carried at fair value	679	578	1,101
Net realized gains [Member]
Net Gains (Losses) from Equity Securities [Line Items]
Net gains (losses) from nonmarketable equity securities not carried at fair value	$ 722	$ 204	$ 852

Equity Securities, Net Gains _2

Equity Securities, Net Gains (Losses) from Measurement Alternative Equity Securities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net Gains (Losses) from Measurement Alternative Equity Securities
Total net gains (losses) from equity securities not held for trading	$ 1,070	$ (441)	$ (806)
Measurement alternative [Member] | Nonmarketable equity securities [Member]
Net Gains (Losses) from Measurement Alternative Equity Securities
Gross unrealized gains from observable price changes	758	607	1,115
Gross unrealized losses from observable price changes	(9)	(29)	(14)
Impairment write-downs	(618)	(1,113)	(2,263)
Net realized gains (losses) from sale	227	42	98
Total net gains (losses) from equity securities not held for trading	$ 358	$ (493)	$ (1,064)

Equity Securities, Measurement

Equity Securities, Measurement Alternative Cumulative Gains (Losses) (Details) - Measurement alternative [Member] - Nonmarketable equity securities [Member] - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Measurement Alternative Cumulative Gains (Losses)
Gross unrealized gains from observable price changes	$ 7,457	$ 7,614	$ 7,141
Gross unrealized losses from observable price changes	(53)	(44)	(14)
Impairment write-downs	$ (3,747)	$ (3,772)	$ (2,896)

Loans and Related Allowance f_3

Loans and Related Allowance for Credit Losses, Loans Outstanding (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	$ 16,413	$ 16,423
Total loans	$ 912,745	$ 936,682
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Deferred income as a percentage of total loans outstanding	1%	1%
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 534,159	$ 547,427
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Financing receivable, accrued interest, writeoff	41	39
Total Commercial [Member] | Non-U.S. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	67,759	79,828
Total Commercial [Member] | Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	381,241	380,388
Total Commercial [Member] | Commercial and industrial loans [Member] | Non-U.S. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	62,038	72,215
Total Commercial [Member] | Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	136,505	150,616
Total Commercial [Member] | Commercial real estate [Member] | Non-U.S. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	5,123	6,916
Total Commercial [Member] | Lease financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	16,413	16,423
Total Commercial [Member] | Lease financing [Member] | Non-U.S. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	598	697
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	378,586	389,255
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Financing receivable, accrued interest, writeoff	401	275
Total Consumer [Member] | Residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	250,269	260,724
Total Consumer [Member] | Credit card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	56,542	52,230
Total Consumer [Member] | Auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	42,367	47,762
Total Consumer [Member] | Other consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	29,408	28,539
Total Consumer [Member] | Other consumer [Member] | Securities Based Lending Loans [Member] | Wealth Management [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 21,400	$ 18,300

Loans and Related Allowance f_4

Loans and Related Allowance for Credit Losses, Loan Concentrations (Details) - Loans [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Total Commercial [Member] | Commercial and industrial loans and leases [Member] | Product concentration risk [Member] | Financial institutions except banks [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, percentage	17%	16%
Total Commercial [Member] | Commercial real estate [Member] | Product concentration risk [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, financing receivable amount	$ 0	$ 0
Total Commercial [Member] | Commercial real estate [Member] | Product concentration risk [Member] | Minimum [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, percentage	10%	10%
Total Consumer [Member] | Residential mortgage [Member] | Geographic concentration risk [Member] | California [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, percentage	12%	12%
Total Consumer [Member] | Residential mortgage [Member] | Geographic concentration risk [Member] | Maximum [Member] | California, larger metropolitan areas [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, percentage	4%	4%
Interest-only loans [Member] | Total Consumer [Member] | Residential mortgage [Member] | Product concentration risk [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Concentration risk, percentage	2%	2%

Loans and Related Allowance f_5

Loans and Related Allowance for Credit Losses, Loan Purchases, Sales, and Transfers (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Loans and Allowance for Credit Losses, Significant Activity [Abstract]
Purchases	$ 843	$ 1,646
Sales and net transfers (to)/from LHFS	(2,856)	(4,230)
Total Commercial [Member]
Loans and Allowance for Credit Losses, Significant Activity [Abstract]
Purchases	839	1,340
Sales and net transfers (to)/from LHFS	(2,662)	(3,313)
Total Consumer [Member]
Loans and Allowance for Credit Losses, Significant Activity [Abstract]
Purchases	4	306
Sales and net transfers (to)/from LHFS	$ (194)	$ (917)

Loans and Related Allowance f_6

Loans and Related Allowance for Credit Losses, Unfunded Credit Commitments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	$ 609,565	$ 603,507
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	414,452	408,894
Total Commercial [Member] | Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	401,947	388,043
Total Commercial [Member] | Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	12,505	20,851
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	195,113	194,613
Total Consumer [Member] | Residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	23,872	29,754
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Financing receivable line of credit facility remaining borrowing capacity	22,500	28,600
Total Consumer [Member] | Credit card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	163,256	156,012
Total Consumer [Member] | Other consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unfunded credit commitments	7,985	8,847
International [Member] | Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Letters of credit outstanding, amount	$ 968	$ 1,100

Loans and Related Allowance f_7

Loans and Related Allowance for Credit Losses, Allowance for Credit Losses for Loans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	$ 15,088	$ 13,609
Provision for credit losses	4,330	5,385
Loan charge-offs, total	(5,844)	(4,596)
Loan recoveries, total	1,072	1,126
Net loan charge-offs	(4,772)	(3,470)
Other	(10)	(7)
Allowance for credit losses, end of period	14,636	15,088
Allowance for loan losses	14,183	14,606
Allowance for unfunded credit commitments	$ 453	$ 482
Net loan charge-offs as a percentage of average total loans	0.52%	0.37%
Allowance for loan losses as a percentage of total loans	1.55%	1.56%
Allowance for credit losses for loans as a percentage of total loans	1.60%	1.61%
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Total net loan charge-offs increase (decrease)	$ 1,300
Allowance for credit loss for loans, period increase (decrease)	(452)
Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	$ (429)
Allowance for credit losses, end of period		0
Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	15,088	13,180
Allowance for credit losses, end of period		15,088
Total Commercial [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	8,412	6,956
Provision for credit losses	1,079	2,365
Loan charge-offs, total	(1,726)	(1,134)
Loan recoveries, total	191	211
Net loan charge-offs	(1,535)	(923)
Other	(10)	(13)
Allowance for credit losses, end of period	7,946	8,412
Total Commercial [Member] | Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	27
Allowance for credit losses, end of period		0
Total Commercial [Member] | Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	8,412	6,983
Allowance for credit losses, end of period		8,412
Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(729)	(510)
Loan recoveries, loans	132	165
Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(945)	(593)
Loan recoveries, loans	42	27
Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, lease financing	(52)	(31)
Loan recoveries, lease financing	17	19
Total Consumer [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	6,676	6,653
Provision for credit losses	3,251	3,020
Loan charge-offs, loans	(4,118)	(3,462)
Loan recoveries, loans	881	915
Net loan charge-offs	(3,237)	(2,547)
Other	0	6
Allowance for credit losses, end of period	6,690	6,676
Total Consumer [Member] | Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	(456)
Allowance for credit losses, end of period		0
Total Consumer [Member] | Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	6,676	6,197
Allowance for credit losses, end of period		6,676
Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(64)	(136)
Loan recoveries, loans	133	160
Total Consumer [Member] | Credit card [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(2,842)	(2,009)
Loan recoveries, loans	387	329
Total Consumer [Member] | Auto [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(652)	(832)
Loan recoveries, loans	296	354
Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Loan charge-offs, loans	(560)	(485)
Loan recoveries, loans	$ 65	$ 72

Loans and Related Allowance f_8

Loans and Related Allowance for Credit Losses, Allowance for Credit Losses for Loans Activity by Portfolio Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	$ 15,088	$ 13,609
Provision for credit losses	4,330	5,385
Loan charge-offs, total	(5,844)	(4,596)
Loan recoveries, total	1,072	1,126
Net loan charge-offs	(4,772)	(3,470)
Other	(10)	(7)
Allowance for credit losses, end of period	14,636	15,088
Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	(429)
Allowance for credit losses, end of period		0
Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	15,088	13,180
Allowance for credit losses, end of period		15,088
Total Commercial [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	8,412	6,956
Provision for credit losses	1,079	2,365
Loan charge-offs, total	(1,726)	(1,134)
Loan recoveries, total	191	211
Net loan charge-offs	(1,535)	(923)
Other	(10)	(13)
Allowance for credit losses, end of period	7,946	8,412
Total Commercial [Member] | Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	27
Allowance for credit losses, end of period		0
Total Commercial [Member] | Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	8,412	6,983
Allowance for credit losses, end of period		8,412
Total Consumer [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	6,676	6,653
Provision for credit losses	3,251	3,020
Loan charge-offs, loans	(4,118)	(3,462)
Loan recoveries, loans	881	915
Net loan charge-offs	(3,237)	(2,547)
Other	0	6
Allowance for credit losses, end of period	6,690	6,676
Total Consumer [Member] | Cumulative effect from change in accounting policies, period of adoption adjustment [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	0	(456)
Allowance for credit losses, end of period		0
Total Consumer [Member] | Cumulative effect from change in accounting policies, period of adoption adjusted balance [Member] | Accounting Standards Update 2022-02 [Member]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning of period	$ 6,676	6,197
Allowance for credit losses, end of period		$ 6,676

Loans and Related Allowance f_9

Loans and Related Allowance for Credit Losses, Commercial Loan Categories by Risk Categories and Vintage (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Net Investment in Lease, before Allowance for Credit Loss [Abstract]
Lease financing	$ 16,413	$ 16,423
Financing Receivable and Net Investment in Lease, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	912,745	936,682
Total Commercial [Member]
Financing Receivable and Net Investment in Lease, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, total	77,903	68,549
Term loans by origination year, fiscal year before current fiscal year, total	43,079	82,136
Term loans by origination year, two years before current fiscal year, total	58,458	60,747
Term loans by origination year, three years before current fiscal year, total	41,582	22,515
Term loans by origination year, four years before current fiscal year, total	15,412	25,390
Term loans by origination year, more than five years before current fiscal year, total	38,769	32,252
Revolving loans, total	257,500	255,327
Revolving loans converted to term loans, total	1,456	511
Total loans	534,159	547,427
Total Commercial [Member] | Pass [Member]
Financing Receivable and Net Investment in Lease, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	498,400
Total Commercial [Member] | Criticized [Member]
Financing Receivable and Net Investment in Lease, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	35,700
Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	47,579	41,858
Term loans by origination year, fiscal year before current fiscal year, finance receivable	24,790	40,350
Term loans by origination year, two years before current fiscal year, finance receivable	24,786	22,939
Term loans by origination year, three years before current fiscal year, finance receivable	14,686	7,412
Term loans by origination year, four years before current fiscal year, finance receivable	5,102	10,228
Term loans by origination year, more than five years before current fiscal year, finance receivable	11,666	8,822
Revolving loans, finance receivable	251,355	248,431
Revolving loans converted to term loans, finance receivable	1,277	348
Total loans	381,241	380,388
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, charge-offs	79	102
Term loans by origination year, fiscal year before current fiscal year, charge-offs	107	22
Term loans by origination year, two years before current fiscal year, charge-offs	26	53
Term loans by origination year, three years before current fiscal year, charge-offs	39	11
Term loans by origination year, four years before current fiscal year, charge-offs	8	8
Term loans by origination year, more than five years before current fiscal year, charge-offs	7	7
Revolving loans, charge-offs	463	307
Revolving loans converted to term loans, charge-offs	0	0
Loan charge-offs, loans	729	510
Total Commercial [Member] | Commercial and industrial loans [Member] | Pass [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	46,670	40,966
Term loans by origination year, fiscal year before current fiscal year, finance receivable	23,891	38,756
Term loans by origination year, two years before current fiscal year, finance receivable	23,142	21,702
Term loans by origination year, three years before current fiscal year, finance receivable	13,883	7,252
Term loans by origination year, four years before current fiscal year, finance receivable	4,963	10,024
Term loans by origination year, more than five years before current fiscal year, finance receivable	10,892	8,342
Revolving loans, finance receivable	241,365	239,456
Revolving loans converted to term loans, finance receivable	1,247	348
Total loans	366,053	366,846
Total Commercial [Member] | Commercial and industrial loans [Member] | Criticized [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	909	892
Term loans by origination year, fiscal year before current fiscal year, finance receivable	899	1,594
Term loans by origination year, two years before current fiscal year, finance receivable	1,644	1,237
Term loans by origination year, three years before current fiscal year, finance receivable	803	160
Term loans by origination year, four years before current fiscal year, finance receivable	139	204
Term loans by origination year, more than five years before current fiscal year, finance receivable	774	480
Revolving loans, finance receivable	9,990	8,975
Revolving loans converted to term loans, finance receivable	30	0
Total loans	15,188	13,542
Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	25,417	20,753
Term loans by origination year, fiscal year before current fiscal year, finance receivable	13,279	37,648
Term loans by origination year, two years before current fiscal year, finance receivable	30,741	35,226
Term loans by origination year, three years before current fiscal year, finance receivable	25,336	13,823
Term loans by origination year, four years before current fiscal year, finance receivable	9,671	14,280
Term loans by origination year, more than five years before current fiscal year, finance receivable	25,737	21,827
Revolving loans, finance receivable	6,145	6,896
Revolving loans converted to term loans, finance receivable	179	163
Total loans	136,505	150,616
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, charge-offs	81	20
Term loans by origination year, fiscal year before current fiscal year, charge-offs	78	107
Term loans by origination year, two years before current fiscal year, charge-offs	124	32
Term loans by origination year, three years before current fiscal year, charge-offs	158	134
Term loans by origination year, four years before current fiscal year, charge-offs	145	197
Term loans by origination year, more than five years before current fiscal year, charge-offs	359	103
Revolving loans, charge-offs	0	0
Revolving loans converted to term loans, charge-offs	0	0
Loan charge-offs, loans	945	593
Total Commercial [Member] | Commercial real estate [Member] | Pass [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	22,021	18,181
Term loans by origination year, fiscal year before current fiscal year, finance receivable	11,432	33,557
Term loans by origination year, two years before current fiscal year, finance receivable	25,314	30,629
Term loans by origination year, three years before current fiscal year, finance receivable	21,096	12,001
Term loans by origination year, four years before current fiscal year, finance receivable	8,193	11,532
Term loans by origination year, more than five years before current fiscal year, finance receivable	23,121	19,686
Revolving loans, finance receivable	5,872	6,537
Revolving loans converted to term loans, finance receivable	179	163
Total loans	117,228	132,286
Total Commercial [Member] | Commercial real estate [Member] | Criticized [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	3,396	2,572
Term loans by origination year, fiscal year before current fiscal year, finance receivable	1,847	4,091
Term loans by origination year, two years before current fiscal year, finance receivable	5,427	4,597
Term loans by origination year, three years before current fiscal year, finance receivable	4,240	1,822
Term loans by origination year, four years before current fiscal year, finance receivable	1,478	2,748
Term loans by origination year, more than five years before current fiscal year, finance receivable	2,616	2,141
Revolving loans, finance receivable	273	359
Revolving loans converted to term loans, finance receivable	0	0
Total loans	19,277	18,330
Total Commercial [Member] | Lease financing [Member]
Net Investment in Lease, before Allowance for Credit Loss [Abstract]
Term loans by origination year, current fiscal year, net investment in lease	4,907	5,938
Term loans by origination year, fiscal year before current fiscal year, net investment in lease	5,010	4,138
Term loans by origination year, two years before current fiscal year, net investment in lease	2,931	2,582
Term loans by origination year, three years before current fiscal year, net investment in lease	1,560	1,280
Term loans by origination year, four years before current fiscal year, net investment in lease	639	882
Term loans by origination year, more than five years before current fiscal year, net investment in lease	1,366	1,603
Revolving loans, net investment in lease	0	0
Revolving loans converted to term loans, net investment in lease	0	0
Lease financing	16,413	16,423
Net Investment in Lease, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Net investment in lease by origination year, current fiscal year, charge-offs	3	3
Net investment in lease by origination year, year before current fiscal year, charge-offs	17	8
Net investment in lease by origination year, two years before current fiscal year, charge-offs	14	8
Net investment in lease by origination year, three years before current fiscal year, charge-offs	10	5
Net investment in lease by origination year, four years before current fiscal year, charge-offs	5	4
Net investment in lease by origination year, more than five years before current fiscal year, charge-offs	3	3
Net investment in lease, revolving loans, charge-offs	0	0
Net investment in lease, revolving loans converted to term loans, charge-offs	0	0
Loan charge-offs, lease financing	52	31
Total Commercial [Member] | Lease financing [Member] | Pass [Member]
Net Investment in Lease, before Allowance for Credit Loss [Abstract]
Term loans by origination year, current fiscal year, net investment in lease	4,516	5,593
Term loans by origination year, fiscal year before current fiscal year, net investment in lease	4,628	3,846
Term loans by origination year, two years before current fiscal year, net investment in lease	2,681	2,400
Term loans by origination year, three years before current fiscal year, net investment in lease	1,457	1,182
Term loans by origination year, four years before current fiscal year, net investment in lease	573	798
Term loans by origination year, more than five years before current fiscal year, net investment in lease	1,290	1,518
Revolving loans, net investment in lease	0	0
Revolving loans converted to term loans, net investment in lease	0	0
Lease financing	15,145	15,337
Total Commercial [Member] | Lease financing [Member] | Criticized [Member]
Net Investment in Lease, before Allowance for Credit Loss [Abstract]
Term loans by origination year, current fiscal year, net investment in lease	391	345
Term loans by origination year, fiscal year before current fiscal year, net investment in lease	382	292
Term loans by origination year, two years before current fiscal year, net investment in lease	250	182
Term loans by origination year, three years before current fiscal year, net investment in lease	103	98
Term loans by origination year, four years before current fiscal year, net investment in lease	66	84
Term loans by origination year, more than five years before current fiscal year, net investment in lease	76	85
Revolving loans, net investment in lease	0	0
Revolving loans converted to term loans, net investment in lease	0	0
Lease financing	$ 1,268	$ 1,086

Loans and Related Allowance _10

Loans and Related Allowance for Credit Losses, Commercial Loan Categories by Delinquency Status (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	$ 16,413	$ 16,423
Total loans	912,745	936,682
Total nonaccrual loans	7,730	8,256
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	534,159	547,427
Total nonaccrual loans	4,618	4,914
Total Commercial [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	527,097	540,997
Total Commercial [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,439	1,328
Total Commercial [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,005	188
Total Commercial [Member] | Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	381,241	380,388
Nonaccrual loans	763	662
Total Commercial [Member] | Commercial and industrial loans [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	379,147	379,099
Total Commercial [Member] | Commercial and industrial loans [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	794	584
Total Commercial [Member] | Commercial and industrial loans [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	537	43
Total Commercial [Member] | Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	136,505	150,616
Nonaccrual loans	3,771	4,188
Total Commercial [Member] | Commercial real estate [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	131,794	145,721
Total Commercial [Member] | Commercial real estate [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	472	562
Total Commercial [Member] | Commercial real estate [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	468	145
Total Commercial [Member] | Lease financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	16,413	16,423
Nonaccrual lease financing	84	64
Total Commercial [Member] | Lease financing [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	16,156	16,177
Total Commercial [Member] | Lease financing [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	173	182
Total Commercial [Member] | Lease financing [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease financing	$ 0	$ 0

Loans and Related Allowance _11

Loans and Related Allowance for Credit Losses, Credit Quality Indicators for Residential Mortgage Loans by Vintage (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
High value properties, threshold	$ 1.5
Total Consumer [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	378,586	$ 389,255
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Loan charge-offs, loans	4,118	3,462
Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	10,801	13,203
Term loans by origination year, fiscal year before current fiscal year, finance receivable	11,644	46,168
Term loans by origination year, two years before current fiscal year, finance receivable	43,611	62,638
Term loans by origination year, three years before current fiscal year, finance receivable	59,325	35,257
Term loans by origination year, four years before current fiscal year, finance receivable	33,090	19,520
Term loans by origination year, more than five years before current fiscal year, finance receivable	79,209	68,742
Revolving loans, finance receivable	5,956	8,109
Revolving loans converted to term loans, finance receivable	6,633	7,087
Total loans	250,269	260,724
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, charge-offs	0	0
Term loans by origination year, fiscal year before current fiscal year, charge-offs	0	1
Term loans by origination year, two years before current fiscal year, charge-offs	0	0
Term loans by origination year, three years before current fiscal year, charge-offs	1	0
Term loans by origination year, four years before current fiscal year, charge-offs	2	2
Term loans by origination year, more than five years before current fiscal year, charge-offs	27	63
Revolving loans, charge-offs	2	4
Revolving loans converted to term loans, charge-offs	32	66
Loan charge-offs, loans	64	136
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | LTV 0-80% [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	10,360	12,434
Term loans by origination year, fiscal year before current fiscal year, finance receivable	11,089	39,624
Term loans by origination year, two years before current fiscal year, finance receivable	40,341	61,421
Term loans by origination year, three years before current fiscal year, finance receivable	58,434	34,833
Term loans by origination year, four years before current fiscal year, finance receivable	32,727	19,123
Term loans by origination year, more than five years before current fiscal year, finance receivable	71,821	61,043
Revolving loans, finance receivable	5,874	7,903
Revolving loans converted to term loans, finance receivable	6,521	6,923
Total loans	237,167	243,304
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | LTV 80.01-100% [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	398	687
Term loans by origination year, fiscal year before current fiscal year, finance receivable	482	6,286
Term loans by origination year, two years before current fiscal year, finance receivable	3,088	1,065
Term loans by origination year, three years before current fiscal year, finance receivable	758	232
Term loans by origination year, four years before current fiscal year, finance receivable	193	203
Term loans by origination year, more than five years before current fiscal year, finance receivable	259	207
Revolving loans, finance receivable	61	103
Revolving loans converted to term loans, finance receivable	72	114
Total loans	5,311	8,897
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | LTV greater than 100% [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	9	51
Term loans by origination year, fiscal year before current fiscal year, finance receivable	38	193
Term loans by origination year, two years before current fiscal year, finance receivable	121	57
Term loans by origination year, three years before current fiscal year, finance receivable	53	33
Term loans by origination year, four years before current fiscal year, finance receivable	20	31
Term loans by origination year, more than five years before current fiscal year, finance receivable	49	38
Revolving loans, finance receivable	10	21
Revolving loans converted to term loans, finance receivable	17	24
Total loans	317	448
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | No LTV available [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	32	26
Term loans by origination year, fiscal year before current fiscal year, finance receivable	25	50
Term loans by origination year, two years before current fiscal year, finance receivable	44	56
Term loans by origination year, three years before current fiscal year, finance receivable	39	62
Term loans by origination year, four years before current fiscal year, finance receivable	56	51
Term loans by origination year, more than five years before current fiscal year, finance receivable	147	154
Revolving loans, finance receivable	11	82
Revolving loans converted to term loans, finance receivable	23	26
Total loans	377	507
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | FICO 740 or more [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	10,231	12,243
Term loans by origination year, fiscal year before current fiscal year, finance receivable	10,931	42,550
Term loans by origination year, two years before current fiscal year, finance receivable	40,431	58,827
Term loans by origination year, three years before current fiscal year, finance receivable	55,880	33,232
Term loans by origination year, four years before current fiscal year, finance receivable	31,150	18,000
Term loans by origination year, more than five years before current fiscal year, finance receivable	61,856	50,938
Revolving loans, finance receivable	4,671	6,291
Revolving loans converted to term loans, finance receivable	3,917	4,092
Total loans	219,067	226,173
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | FICO 700 to 739 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	411	679
Term loans by origination year, fiscal year before current fiscal year, finance receivable	448	2,324
Term loans by origination year, two years before current fiscal year, finance receivable	1,978	2,510
Term loans by origination year, three years before current fiscal year, finance receivable	2,208	1,219
Term loans by origination year, four years before current fiscal year, finance receivable	1,165	888
Term loans by origination year, more than five years before current fiscal year, finance receivable	4,601	4,478
Revolving loans, finance receivable	635	883
Revolving loans converted to term loans, finance receivable	882	979
Total loans	12,328	13,960
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | FICO 660 to 699 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	93	185
Term loans by origination year, fiscal year before current fiscal year, finance receivable	151	843
Term loans by origination year, two years before current fiscal year, finance receivable	756	861
Term loans by origination year, three years before current fiscal year, finance receivable	775	422
Term loans by origination year, four years before current fiscal year, finance receivable	411	310
Term loans by origination year, more than five years before current fiscal year, finance receivable	2,196	2,261
Revolving loans, finance receivable	314	417
Revolving loans converted to term loans, finance receivable	533	601
Total loans	5,229	5,900
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | FICO 620 to 659 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	27	45
Term loans by origination year, fiscal year before current fiscal year, finance receivable	52	227
Term loans by origination year, two years before current fiscal year, finance receivable	196	179
Term loans by origination year, three years before current fiscal year, finance receivable	172	110
Term loans by origination year, four years before current fiscal year, finance receivable	101	66
Term loans by origination year, more than five years before current fiscal year, finance receivable	944	978
Revolving loans, finance receivable	103	150
Revolving loans converted to term loans, finance receivable	287	322
Total loans	1,882	2,077
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | FICO less than 620 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	2	11
Term loans by origination year, fiscal year before current fiscal year, finance receivable	15	122
Term loans by origination year, two years before current fiscal year, finance receivable	139	100
Term loans by origination year, three years before current fiscal year, finance receivable	130	64
Term loans by origination year, four years before current fiscal year, finance receivable	56	46
Term loans by origination year, more than five years before current fiscal year, finance receivable	1,209	1,245
Revolving loans, finance receivable	133	174
Revolving loans converted to term loans, finance receivable	449	464
Total loans	2,133	2,226
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | No FICO available [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	35	35
Term loans by origination year, fiscal year before current fiscal year, finance receivable	37	87
Term loans by origination year, two years before current fiscal year, finance receivable	94	122
Term loans by origination year, three years before current fiscal year, finance receivable	119	113
Term loans by origination year, four years before current fiscal year, finance receivable	113	98
Term loans by origination year, more than five years before current fiscal year, finance receivable	1,470	1,542
Revolving loans, finance receivable	100	194
Revolving loans converted to term loans, finance receivable	565	629
Total loans	2,533	2,820
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | Current-29 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	10,780	13,192
Term loans by origination year, fiscal year before current fiscal year, finance receivable	11,611	46,065
Term loans by origination year, two years before current fiscal year, finance receivable	43,482	62,529
Term loans by origination year, three years before current fiscal year, finance receivable	59,206	35,124
Term loans by origination year, four years before current fiscal year, finance receivable	32,964	19,364
Term loans by origination year, more than five years before current fiscal year, finance receivable	71,302	60,391
Revolving loans, finance receivable	5,910	8,044
Revolving loans converted to term loans, finance receivable	6,319	6,735
Total loans	241,574	251,444
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | 30 to 89 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	19	6
Term loans by origination year, fiscal year before current fiscal year, finance receivable	15	70
Term loans by origination year, two years before current fiscal year, finance receivable	69	58
Term loans by origination year, three years before current fiscal year, finance receivable	55	28
Term loans by origination year, four years before current fiscal year, finance receivable	22	30
Term loans by origination year, more than five years before current fiscal year, finance receivable	636	724
Revolving loans, finance receivable	27	41
Revolving loans converted to term loans, finance receivable	142	151
Total loans	985	1,108
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member] | 90 days or more past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	0	0
Term loans by origination year, fiscal year before current fiscal year, finance receivable	8	18
Term loans by origination year, two years before current fiscal year, finance receivable	43	12
Term loans by origination year, three years before current fiscal year, finance receivable	23	8
Term loans by origination year, four years before current fiscal year, finance receivable	10	14
Term loans by origination year, more than five years before current fiscal year, finance receivable	338	327
Revolving loans, finance receivable	19	24
Revolving loans converted to term loans, finance receivable	172	201
Total loans	613	604
Total Consumer [Member] | Residential mortgage [Member] | Government insured or guaranteed [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	2	5
Term loans by origination year, fiscal year before current fiscal year, finance receivable	10	15
Term loans by origination year, two years before current fiscal year, finance receivable	17	39
Term loans by origination year, three years before current fiscal year, finance receivable	41	97
Term loans by origination year, four years before current fiscal year, finance receivable	94	112
Term loans by origination year, more than five years before current fiscal year, finance receivable	6,933	7,300
Revolving loans, finance receivable	0	0
Revolving loans converted to term loans, finance receivable	0	0
Total loans	7,097	7,568
Total Consumer [Member] | Residential mortgage [Member] | Government insured or guaranteed [Member] | 90 days or more past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	$ 2,800	$ 2,600

Loans and Related Allowance _12

Loans and Related Allowance for Credit Losses, Credit Quality Indicators for Credit Card Loans (Details) - Total Consumer [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	$ 378,586	$ 389,255
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Loan charge-offs, loans	4,118	3,462
Credit card [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	55,903	51,805
Revolving loans converted to term loans, finance receivable	639	425
Total loans	56,542	52,230
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Revolving loans, charge-offs	2,669	1,909
Revolving loans converted to term loans, charge-offs	173	100
Loan charge-offs, loans	2,842	2,009
Credit card [Member] | FICO 740 or more [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	21,784	19,153
Revolving loans converted to term loans, finance receivable	28	21
Total loans	21,812	19,174
Credit card [Member] | FICO 700 to 739 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	12,359	11,727
Revolving loans converted to term loans, finance receivable	74	51
Total loans	12,433	11,778
Credit card [Member] | FICO 660 to 699 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	11,093	10,592
Revolving loans converted to term loans, finance receivable	132	84
Total loans	11,225	10,676
Credit card [Member] | FICO 620 to 659 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	5,356	5,273
Revolving loans converted to term loans, finance receivable	117	76
Total loans	5,473	5,349
Credit card [Member] | FICO less than 620 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	5,161	4,861
Revolving loans converted to term loans, finance receivable	286	192
Total loans	5,447	5,053
Credit card [Member] | No FICO available [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	150	199
Revolving loans converted to term loans, finance receivable	2	1
Total loans	152	200
Credit card [Member] | Current-29 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	54,389	50,428
Revolving loans converted to term loans, finance receivable	535	350
Total loans	54,924	50,778
Credit card [Member] | 30 to 89 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	699	660
Revolving loans converted to term loans, finance receivable	67	49
Total loans	766	709
Credit card [Member] | 90 days or more past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Revolving loans, finance receivable	815	717
Revolving loans converted to term loans, finance receivable	37	26
Total loans	$ 852	$ 743

Loans and Related Allowance _13

Loans and Related Allowance for Credit Losses, Credit Quality Indicators for Auto Loans by Vintage (Details) - Total Consumer [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	$ 378,586	$ 389,255
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Loan charge-offs, loans	4,118	3,462
Auto [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	13,880	14,069
Term loans by origination year, fiscal year before current fiscal year, finance receivable	9,243	13,414
Term loans by origination year, two years before current fiscal year, finance receivable	8,710	12,970
Term loans by origination year, three years before current fiscal year, finance receivable	7,616	4,544
Term loans by origination year, four years before current fiscal year, finance receivable	2,171	2,274
Term loans by origination year, more than five years before current fiscal year, finance receivable	747	491
Total loans	42,367	47,762
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, charge-offs	10	15
Term loans by origination year, fiscal year before current fiscal year, charge-offs	48	265
Term loans by origination year, two years before current fiscal year, charge-offs	246	392
Term loans by origination year, three years before current fiscal year, charge-offs	270	99
Term loans by origination year, four years before current fiscal year, charge-offs	55	52
Term loans by origination year, more than five years before current fiscal year, charge-offs	23	9
Loan charge-offs, loans	652	832
Auto [Member] | FICO 740 or more [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	8,758	9,460
Term loans by origination year, fiscal year before current fiscal year, finance receivable	6,197	6,637
Term loans by origination year, two years before current fiscal year, finance receivable	4,358	5,487
Term loans by origination year, three years before current fiscal year, finance receivable	3,199	1,853
Term loans by origination year, four years before current fiscal year, finance receivable	841	963
Term loans by origination year, more than five years before current fiscal year, finance receivable	249	176
Total loans	23,602	24,576
Auto [Member] | FICO 700 to 739 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	2,483	2,232
Term loans by origination year, fiscal year before current fiscal year, finance receivable	1,307	1,969
Term loans by origination year, two years before current fiscal year, finance receivable	1,188	1,861
Term loans by origination year, three years before current fiscal year, finance receivable	1,020	701
Term loans by origination year, four years before current fiscal year, finance receivable	307	347
Term loans by origination year, more than five years before current fiscal year, finance receivable	101	68
Total loans	6,406	7,178
Auto [Member] | FICO 660 to 699 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	1,689	1,405
Term loans by origination year, fiscal year before current fiscal year, finance receivable	864	1,745
Term loans by origination year, two years before current fiscal year, finance receivable	1,028	1,729
Term loans by origination year, three years before current fiscal year, finance receivable	930	623
Term loans by origination year, four years before current fiscal year, finance receivable	280	295
Term loans by origination year, more than five years before current fiscal year, finance receivable	95	61
Total loans	4,886	5,858
Auto [Member] | FICO 620 to 659 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	623	572
Term loans by origination year, fiscal year before current fiscal year, finance receivable	401	1,162
Term loans by origination year, two years before current fiscal year, finance receivable	667	1,228
Term loans by origination year, three years before current fiscal year, finance receivable	661	425
Term loans by origination year, four years before current fiscal year, finance receivable	198	195
Term loans by origination year, more than five years before current fiscal year, finance receivable	72	46
Total loans	2,622	3,628
Auto [Member] | FICO less than 620 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	319	388
Term loans by origination year, fiscal year before current fiscal year, finance receivable	455	1,876
Term loans by origination year, two years before current fiscal year, finance receivable	1,450	2,621
Term loans by origination year, three years before current fiscal year, finance receivable	1,775	915
Term loans by origination year, four years before current fiscal year, finance receivable	529	452
Term loans by origination year, more than five years before current fiscal year, finance receivable	223	130
Total loans	4,751	6,382
Auto [Member] | No FICO available [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	8	12
Term loans by origination year, fiscal year before current fiscal year, finance receivable	19	25
Term loans by origination year, two years before current fiscal year, finance receivable	19	44
Term loans by origination year, three years before current fiscal year, finance receivable	31	27
Term loans by origination year, four years before current fiscal year, finance receivable	16	22
Term loans by origination year, more than five years before current fiscal year, finance receivable	7	10
Total loans	100	140
Auto [Member] | Current-29 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	13,846	14,022
Term loans by origination year, fiscal year before current fiscal year, finance receivable	9,175	13,052
Term loans by origination year, two years before current fiscal year, finance receivable	8,415	12,376
Term loans by origination year, three years before current fiscal year, finance receivable	7,205	4,335
Term loans by origination year, four years before current fiscal year, finance receivable	2,042	2,161
Term loans by origination year, more than five years before current fiscal year, finance receivable	684	448
Total loans	41,367	46,394
Auto [Member] | 30 to 89 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	32	43
Term loans by origination year, fiscal year before current fiscal year, finance receivable	63	328
Term loans by origination year, two years before current fiscal year, finance receivable	270	545
Term loans by origination year, three years before current fiscal year, finance receivable	380	195
Term loans by origination year, four years before current fiscal year, finance receivable	122	106
Term loans by origination year, more than five years before current fiscal year, finance receivable	60	40
Total loans	927	1,257
Auto [Member] | 90 days or more past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	2	4
Term loans by origination year, fiscal year before current fiscal year, finance receivable	5	34
Term loans by origination year, two years before current fiscal year, finance receivable	25	49
Term loans by origination year, three years before current fiscal year, finance receivable	31	14
Term loans by origination year, four years before current fiscal year, finance receivable	7	7
Term loans by origination year, more than five years before current fiscal year, finance receivable	3	3
Total loans	$ 73	$ 111

Loans and Related Allowance _14

Loans and Related Allowance for Credit Losses, Credit Quality Indicators for Other Consumer Loans by Vintage (Details) - Total Consumer [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	$ 378,586	$ 389,255
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Loan charge-offs, loans	4,118	3,462
Other consumer [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	1,867	3,306
Term loans by origination year, fiscal year before current fiscal year, finance receivable	1,867	2,178
Term loans by origination year, two years before current fiscal year, finance receivable	1,184	583
Term loans by origination year, three years before current fiscal year, finance receivable	291	169
Term loans by origination year, four years before current fiscal year, finance receivable	81	94
Term loans by origination year, more than five years before current fiscal year, finance receivable	62	64
Revolving loans, finance receivable	23,930	22,020
Revolving loans converted to term loans, finance receivable	126	125
Total loans	29,408	28,539
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, charge-offs	150	178
Term loans by origination year, fiscal year before current fiscal year, charge-offs	165	158
Term loans by origination year, two years before current fiscal year, charge-offs	127	52
Term loans by origination year, three years before current fiscal year, charge-offs	31	9
Term loans by origination year, four years before current fiscal year, charge-offs	5	9
Term loans by origination year, more than five years before current fiscal year, charge-offs	6	6
Revolving loans, charge-offs	66	62
Revolving loans converted to term loans, charge-offs	10	11
Loan charge-offs, loans	560	485
Other consumer [Member] | FICO 740 or more [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	1,360	1,911
Term loans by origination year, fiscal year before current fiscal year, finance receivable	868	926
Term loans by origination year, two years before current fiscal year, finance receivable	452	265
Term loans by origination year, three years before current fiscal year, finance receivable	119	85
Term loans by origination year, four years before current fiscal year, finance receivable	48	36
Term loans by origination year, more than five years before current fiscal year, finance receivable	26	28
Revolving loans, finance receivable	961	1,152
Revolving loans converted to term loans, finance receivable	41	27
Total loans	3,875	4,430
Other consumer [Member] | FICO 700 to 739 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	280	642
Term loans by origination year, fiscal year before current fiscal year, finance receivable	368	409
Term loans by origination year, two years before current fiscal year, finance receivable	207	107
Term loans by origination year, three years before current fiscal year, finance receivable	50	27
Term loans by origination year, four years before current fiscal year, finance receivable	14	14
Term loans by origination year, more than five years before current fiscal year, finance receivable	10	10
Revolving loans, finance receivable	433	507
Revolving loans converted to term loans, finance receivable	17	16
Total loans	1,379	1,732
Other consumer [Member] | FICO 660 to 699 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	110	403
Term loans by origination year, fiscal year before current fiscal year, finance receivable	304	365
Term loans by origination year, two years before current fiscal year, finance receivable	201	93
Term loans by origination year, three years before current fiscal year, finance receivable	44	16
Term loans by origination year, four years before current fiscal year, finance receivable	6	11
Term loans by origination year, more than five years before current fiscal year, finance receivable	8	8
Revolving loans, finance receivable	335	395
Revolving loans converted to term loans, finance receivable	17	16
Total loans	1,025	1,307
Other consumer [Member] | FICO 620 to 659 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	24	129
Term loans by origination year, fiscal year before current fiscal year, finance receivable	114	166
Term loans by origination year, two years before current fiscal year, finance receivable	93	45
Term loans by origination year, three years before current fiscal year, finance receivable	29	6
Term loans by origination year, four years before current fiscal year, finance receivable	3	6
Term loans by origination year, more than five years before current fiscal year, finance receivable	5	5
Revolving loans, finance receivable	127	147
Revolving loans converted to term loans, finance receivable	11	11
Total loans	406	515
Other consumer [Member] | FICO less than 620 [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	14	75
Term loans by origination year, fiscal year before current fiscal year, finance receivable	120	152
Term loans by origination year, two years before current fiscal year, finance receivable	112	49
Term loans by origination year, three years before current fiscal year, finance receivable	29	8
Term loans by origination year, four years before current fiscal year, finance receivable	4	8
Term loans by origination year, more than five years before current fiscal year, finance receivable	7	6
Revolving loans, finance receivable	138	152
Revolving loans converted to term loans, finance receivable	16	17
Total loans	440	467
Other consumer [Member] | No FICO available [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	79	146
Term loans by origination year, fiscal year before current fiscal year, finance receivable	93	160
Term loans by origination year, two years before current fiscal year, finance receivable	119	24
Term loans by origination year, three years before current fiscal year, finance receivable	20	27
Term loans by origination year, four years before current fiscal year, finance receivable	6	19
Term loans by origination year, more than five years before current fiscal year, finance receivable	6	7
Revolving loans, finance receivable	21,936	19,667
Revolving loans converted to term loans, finance receivable	24	38
Total loans	22,283	20,088
Other consumer [Member] | Current-29 days past due and still accruing [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	1,860	3,273
Term loans by origination year, fiscal year before current fiscal year, finance receivable	1,835	2,132
Term loans by origination year, two years before current fiscal year, finance receivable	1,160	571
Term loans by origination year, three years before current fiscal year, finance receivable	286	167
Term loans by origination year, four years before current fiscal year, finance receivable	80	93
Term loans by origination year, more than five years before current fiscal year, finance receivable	59	61
Revolving loans, finance receivable	23,903	21,988
Revolving loans converted to term loans, finance receivable	112	106
Total loans	29,295	28,391
Other consumer [Member] | 30 to 89 days past due [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	5	24
Term loans by origination year, fiscal year before current fiscal year, finance receivable	23	32
Term loans by origination year, two years before current fiscal year, finance receivable	17	9
Term loans by origination year, three years before current fiscal year, finance receivable	3	1
Term loans by origination year, four years before current fiscal year, finance receivable	1	1
Term loans by origination year, more than five years before current fiscal year, finance receivable	2	2
Revolving loans, finance receivable	14	17
Revolving loans converted to term loans, finance receivable	6	6
Total loans	71	92
Other consumer [Member] | 90 days or more past due and still accruing [Member]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Term loans by origination year, current fiscal year, finance receivable	2	9
Term loans by origination year, fiscal year before current fiscal year, finance receivable	9	14
Term loans by origination year, two years before current fiscal year, finance receivable	7	3
Term loans by origination year, three years before current fiscal year, finance receivable	2	1
Term loans by origination year, four years before current fiscal year, finance receivable	0	0
Term loans by origination year, more than five years before current fiscal year, finance receivable	1	1
Revolving loans, finance receivable	13	15
Revolving loans converted to term loans, finance receivable	8	13
Total loans	$ 42	$ 56

Loans and Related Allowance _15

Loans and Related Allowance for Credit Losses, Nonaccrual Loans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total nonaccrual loans	$ 7,730	$ 8,256
Total Nonaccrual loans without related allowance for credit losses	1,947	2,313
Recognized interest income	249	260
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total nonaccrual loans	4,618	4,914
Total Nonaccrual loans without related allowance for credit losses	60	266
Recognized interest income	54	46
Total Commercial [Member] | Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	763	662
Nonaccrual loans without related allowance for credit losses	2	149
Recognized interest income	29	17
Total Commercial [Member] | Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	3,771	4,188
Nonaccrual loans without related allowance for credit losses	41	107
Recognized interest income	25	29
Total Commercial [Member] | Lease financing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual lease financing	84	64
Nonaccrual lease financing without related allowance for credit losses	17	10
Recognized interest income	0	0
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	3,112	3,342
Nonaccrual loans without related allowance for credit losses	1,887	2,047
Recognized interest income	195	214
Total Consumer [Member] | Residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	2,991	3,192
Nonaccrual loans without related allowance for credit losses	1,887	2,047
Recognized interest income	177	192
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Mortgage loans in process of foreclosure, amount	705	837
Total Consumer [Member] | Auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	89	115
Nonaccrual loans without related allowance for credit losses	0	0
Recognized interest income	14	18
Total Consumer [Member] | Other consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	32	35
Nonaccrual loans without related allowance for credit losses	0	0
Recognized interest income	4	4
Total Consumer [Member] | Government guaranteed mortgage loans upon foreclosure receivable [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Mortgage loans in process of foreclosure, amount	$ 540	$ 660

Loans and Related Allowance _16

Loans and Related Allowance for Credit Losses, 90 Days or More Past Due and Still Accruing (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	$ 4,802	$ 3,751
Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	2,001	1,105
Government insured or guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	2,801	2,646
Total Commercial [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	1,005	188
Total Commercial [Member] | Commercial and industrial loans [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	537	43
Total Commercial [Member] | Commercial real estate [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	468	145
Total Consumer [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	996	917
Total Consumer [Member] | Residential mortgage [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	39	31
Total Consumer [Member] | Credit card [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	852	743
Total Consumer [Member] | Auto [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	71	101
Total Consumer [Member] | Other consumer [Member] | Not government insured/guaranteed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, 90 days or more past due and still accruing	$ 34	$ 42

Loans and Related Allowance _17

Loans and Related Allowance for Credit Losses, Commercial Loan Modifications and Financial Effects (Details) - Total Commercial [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 655	$ 430
Total modifications as a percentage of loan class	0.17%	0.11%
Weighted average term extension (months)	25 months	15 months
Commercial and industrial loans [Member] | Term extension [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 503	$ 286
Commercial and industrial loans [Member] | All other modifications and combinations [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	152	144
Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 2,421	$ 467
Total modifications as a percentage of loan class	1.77%	0.31%
Weighted average term extension (months)	25 months	24 months
Commercial real estate [Member] | Term extension [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 2,085	$ 458
Commercial real estate [Member] | All other modifications and combinations [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 336	$ 9

Loans and Related Allowance _18

Loans and Related Allowance for Credit Losses, Payment Performance of Commercial Loan Modifications (Details) - Total Commercial [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	$ 125	$ 47
Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	3,095	791
Current-29 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	2,901	688
30-89 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	129	95
90 days or more past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	65	8
Commercial and industrial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	112	45
Commercial and industrial loans [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	672	324
Commercial and industrial loans [Member] | Current-29 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	609	308
Commercial and industrial loans [Member] | 30-89 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	35	8
Commercial and industrial loans [Member] | 90 days or more past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	28	8
Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	13	2
Commercial real estate [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	2,423	467
Commercial real estate [Member] | Current-29 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	2,292	380
Commercial real estate [Member] | 30-89 days past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	94	87
Commercial real estate [Member] | 90 days or more past due [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 37	$ 0

Loans and Related Allowance _19

Loans and Related Allowance for Credit Losses, Consumer Loan Modifications and Financial Effects (Details) - Total Consumer [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 571	$ 764
Total modifications as a percentage of loan class	0.23%	0.29%
Weighted average interest rate reduction	1.70%	1.65%
Weighted average payments deferred (months)	6 months	5 months
Weighted average term extension (years)	10 years 9 months 18 days	9 years 9 months 18 days
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Weighted average principal deferred, term	24 years 7 months 6 days	25 years 4 months 24 days
Residential mortgage [Member] | Trial modifications [Member]
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Loans modified balance end of period	$ 98	$ 109
Residential mortgage [Member] | Payment delay [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	363	472
Residential mortgage [Member] | Term extension [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	35	67
Residential mortgage [Member] | Term extension and payment delay [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	89	88
Residential mortgage [Member] | Interest rate reduction, and term extension, and payment delay [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	45	80
Residential mortgage [Member] | All other modifications and combinations [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	39	57
Residential mortgage [Member] | Payment delay with balloon payment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	344	292
Credit card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 772	$ 459
Total modifications as a percentage of loan class	1.37%	0.88%
Weighted average interest rate reduction	22.04%	21.63%
Credit card [Member] | Interest rate reduction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 772	$ 459

Loans and Related Allowance _20

Loans and Related Allowance for Credit Losses, Payment Performance of Consumer Loan Modifications (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	$ 125	$ 47
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Loans modified, commitment to lend additional funds	499	233
Total Commercial [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	3,095	791
Total Commercial [Member] | Excluding modifications in payment deferral period member [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	2,901	688
Total Commercial [Member] | Excluding modifications in payment deferral period member [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	129	95
Total Commercial [Member] | Excluding modifications in payment deferral period member [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	65	8
Total Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	187	91
Accounts, Notes, Loans and Financing Receivable Textual [Abstract]
Loans modified during the period, subsequent default	212	280
Total Consumer [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	1,422	1,219
Total Consumer [Member] | Excluding modifications in payment deferral period member [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	993	804
Total Consumer [Member] | Excluding modifications in payment deferral period member [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	249	188
Total Consumer [Member] | Excluding modifications in payment deferral period member [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	180	227
Total Consumer [Member] | Residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	7	9
Total Consumer [Member] | Residential mortgage [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	568	760
Total Consumer [Member] | Residential mortgage [Member] | Excluding modifications in payment deferral period member [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	349	460
Total Consumer [Member] | Residential mortgage [Member] | Excluding modifications in payment deferral period member [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	126	120
Total Consumer [Member] | Residential mortgage [Member] | Excluding modifications in payment deferral period member [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	93	180
Total Consumer [Member] | Credit card [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-offs	180	82
Total Consumer [Member] | Credit card [Member] | Excluding modifications in payment deferral period member [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	854	459
Total Consumer [Member] | Credit card [Member] | Excluding modifications in payment deferral period member [Member] | Current-29 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	644	344
Total Consumer [Member] | Credit card [Member] | Excluding modifications in payment deferral period member [Member] | 30-89 days past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	123	68
Total Consumer [Member] | Credit card [Member] | Excluding modifications in payment deferral period member [Member] | 90 days or more past due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans modified during the period	$ 87	$ 47

Loans and Related Allowance _21

Loans and Related Allowance for Credit Losses, Troubled Debt Restructurings Modifications (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 2,883
Charge-offs	$ 23
Weighted average interest rate reduction	10.02%
Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 523
Charge-offs	$ 0
Weighted average interest rate reduction	7.51%
Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 397
Charge-offs	$ 0
Weighted average interest rate reduction	10.69%
Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 124
Charge-offs	$ 0
Weighted average interest rate reduction	0.92%
Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 2
Charge-offs	$ 0
Weighted average interest rate reduction	0%
Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 2,360
Charge-offs	$ 23
Weighted average interest rate reduction	10.14%
Total Consumer [Member] | Trial modifications [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 228
Charge-offs	$ 0
Weighted average interest rate reduction	0%
Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 1,727
Charge-offs	$ 6
Weighted average interest rate reduction	1.61%
Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 311
Charge-offs	$ 0
Weighted average interest rate reduction	20.33%
Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 72
Charge-offs	$ 16
Weighted average interest rate reduction	4.33%
Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 22
Charge-offs	$ 1
Weighted average interest rate reduction	11.48%
Principal forgiveness [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 27
Principal forgiveness [Member] | Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	24
Principal forgiveness [Member] | Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	24
Principal forgiveness [Member] | Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Principal forgiveness [Member] | Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Principal forgiveness [Member] | Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	3
Principal forgiveness [Member] | Total Consumer [Member] | Trial modifications [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Principal forgiveness [Member] | Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	1
Principal forgiveness [Member] | Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Principal forgiveness [Member] | Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	2
Principal forgiveness [Member] | Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Interest rate reduction [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	742
Interest rate reduction [Member] | Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	36
Interest rate reduction [Member] | Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	24
Interest rate reduction [Member] | Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	12
Interest rate reduction [Member] | Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Interest rate reduction [Member] | Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	706
Interest rate reduction [Member] | Total Consumer [Member] | Trial modifications [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Interest rate reduction [Member] | Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	369
Interest rate reduction [Member] | Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	311
Interest rate reduction [Member] | Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	7
Interest rate reduction [Member] | Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	19
Other concessions [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	2,114
Other concessions [Member] | Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	463
Other concessions [Member] | Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	349
Other concessions [Member] | Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	112
Other concessions [Member] | Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	2
Other concessions [Member] | Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	1,651
Other concessions [Member] | Total Consumer [Member] | Trial modifications [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	228
Other concessions [Member] | Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	1,357
Other concessions [Member] | Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Other concessions [Member] | Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	63
Other concessions [Member] | Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	3
Financial effects of modification, Recorded investment related to interest rate reduction [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	742
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	36
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	24
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	12
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Commercial [Member] | Lease financing [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	706
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member] | Trial modifications [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	0
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	369
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	311
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	7
Financial effects of modification, Recorded investment related to interest rate reduction [Member] | Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	19
Loans remodified [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring, post modification	$ 445

Loans and Related Allowance _22

Loans and Related Allowance for Credit Losses, Defaulted Troubled Debt Restructurings (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	$ 277
Total Commercial [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	69
Total Commercial [Member] | Commercial and industrial loans [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	55
Total Commercial [Member] | Commercial real estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	14
Total Consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	208
Total Consumer [Member] | Residential mortgage [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	142
Total Consumer [Member] | Credit card [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	43
Total Consumer [Member] | Auto [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	21
Total Consumer [Member] | Other consumer [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded investment of defaults	$ 2

Mortgage Banking Activities, Mo

Mortgage Banking Activities, Mortgage Servicing Rights (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Changes in fair value:
Changes due to collection/realization of expected cash flows	$ (898)	$ (1,187)	$ (1,253)
Servicing Asset [Abstract]
Total MSRs	7,779	8,508	10,480
Commercial mortgage servicing [Member]
Servicing Asset [Abstract]
Commercial MSRs at amortized cost, end of period	935	1,040	1,170
Mortgage Banking Activities Textual [Abstract]
Servicing asset at amortized cost, estimated fair value	1,500	1,600	2,100
Residential mortgage servicing rights [Member]
Changes in MSRs measured at fair value
Residential MSRs at fair value, beginning of period	7,468	9,310	6,920
Originations/purchases	94	161	1,003
Sales and other	(312)	(902)	(614)
Net additions (reductions)	(218)	(741)	389
Changes in fair value:
Net changes in valuation inputs or assumptions	492	86	3,254
Changes due to collection/realization of expected cash flows	(898)	(1,187)	(1,253)
Total changes in fair value	(406)	(1,101)	2,001
Residential MSRs at fair value, end of period	6,844	7,468	9,310
Residential mortgage servicing rights [Member] | Interest-only-strip [Member]
Changes in MSRs measured at fair value
Sales and other			611
Residential mortgage servicing rights [Member] | Market interest rates [Member]
Changes in fair value:
Net changes in valuation inputs or assumptions	538	228	3,417
Residential mortgage servicing rights [Member] | Servicing and foreclosure costs [Member]
Changes in fair value:
Net changes in valuation inputs or assumptions	(45)	(14)	(17)
Residential mortgage servicing rights [Member] | Discount rates [Member]
Changes in fair value:
Net changes in valuation inputs or assumptions	(73)	(149)	42
Residential mortgage servicing rights [Member] | Prepayment estimates and other [Member]
Changes in fair value:
Net changes in valuation inputs or assumptions	$ 72	$ 21	$ (188)

Mortgage Banking Activities, As

Mortgage Banking Activities, Assumptions and Sensitivity of Residential MSRs (Details) - Residential mortgage servicing rights [Member] $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) $ / loan	Dec. 31, 2023 USD ($) $ / loan	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Mortgage servicing rights, carried at fair value	$ 6,844	$ 7,468	$ 9,310	$ 6,920
Expected weighted-average life (in years)	6 years 4 months 24 days	6 years 3 months 18 days
Key assumptions [Abstract]
Prepayment rate assumption	8.10%	8.90%
Impact on fair value from 10% adverse change	$ (191)	$ (224)
Impact on fair value from 25% adverse change	$ (461)	$ (538)
Discount rate assumption	10.10%	9.40%
Impact on fair value from 100 basis point increase	$ (270)	$ (294)
Impact on fair value from 200 basis point increase	$ (519)	$ (565)
Cost to service assumption ($ per loan) | $ / loan	103	105
Impact on fair value from 10% adverse change	$ (134)	$ (148)
Impact on fair value from 25% adverse change	$ (334)	$ (369)

Mortgage Banking Activities, Ma

Mortgage Banking Activities, Managed Servicing Portfolio (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Residential mortgage servicing rights [Member]
Components of Managed Servicing Portfolio [Abstract]
Serviced and subserviced for others (1)	$ 488,000	$ 560,000
Owned loans serviced	252,000	262,000
Total managed servicing portfolio	740,000	822,000
Total serviced for others, excluding subserviced for others	$ 487,000	$ 560,000
MSRs as a percentage of loans serviced for others	1.41%	1.33%
Weighted average note rate (mortgage loans serviced for others)	3.76%	3.76%
Servicer advances, net of an allowance for uncollectible amounts	$ 977	$ 1,103
Commercial mortgage servicing [Member]
Components of Managed Servicing Portfolio [Abstract]
Serviced and subserviced for others (1)	531,000	548,000
Owned loans serviced	117,000	128,000
Total managed servicing portfolio	648,000	676,000
Total serviced for others, excluding subserviced for others	$ 522,000	$ 539,000
MSRs as a percentage of loans serviced for others	0.18%	0.19%
Weighted average note rate (mortgage loans serviced for others)	5.05%	5.27%
Servicer advances, net of an allowance for uncollectible amounts	$ 1,173	$ 1,031

Mortgage Banking Activities, _2

Mortgage Banking Activities, Mortgage Banking Noninterest Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Components of Mortgage Banking Noninterest Income [Abstract]
Contractually specified servicing fees, late charges and ancillary fees	$ 1,862	$ 2,124	$ 2,475
Unreimbursed servicing costs	(121)	(115)	(189)
Changes due to collection/realization of expected cash flows	(898)	(1,187)	(1,253)
Net servicing fees	612	584	786
Total net servicing income	582	436	533
Net gains (losses) on mortgage loan originations/sales	465	393	850
Total mortgage banking noninterest income	1,047	829	1,383
Mortgage Banking Activities Textual [Abstract]
Net derivative gains (losses) from economic hedges related to mortgage loans held for sale and derivative loan commitments	81	95	2,500
Commercial mortgage servicing [Member]
Components of Mortgage Banking Noninterest Income [Abstract]
Amortization for commercial MSRs	(231)	(238)	(247)
Commercial mortgage servicing [Member] | MSRs [Member]
Estimated future amortization expense [Abstract]
Estimated future amortization expense for the year ended December 31, 2025	220
Estimated future amortization expense for the year ended December 31, 2026	178
Estimated future amortization expense for the year ended December 31, 2027	141
Estimated future amortization expense for the year ended December 31, 2028	121
Estimated future amortization expense for the year ended December 31, 2029	89
Residential mortgage servicing rights [Member]
Components of Mortgage Banking Noninterest Income [Abstract]
Changes due to collection/realization of expected cash flows	(898)	(1,187)	(1,253)
Changes in fair value of MSRs due to valuation inputs or assumptions	492	86	3,254
Market-related valuation changes to residential MSRs, net of hedge results	(30)	(148)	(253)
Total changes in fair value	(406)	(1,101)	2,001
Residential mortgage servicing rights [Member] | Not designated as hedging instrument [Member]
Components of Mortgage Banking Noninterest Income [Abstract]
Net derivative gains (losses) from economic hedges	$ (522)	$ (234)	$ (3,507)

Intangible Assets and Other A_3

Intangible Assets and Other Assets, Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill Table
Goodwill, beginning balance	$ 25,175	$ 25,173
Foreign currency translation	(8)	2
Goodwill, ending balance	25,167	25,175
Customer relationship and other amortized intangibles [Member]
Intangible Assets and Other Assets Textual [Abstract]
Net carry value	73	118
Corporate [Member]
Goodwill Table
Goodwill, beginning balance	105	105
Foreign currency translation	0	0
Goodwill, ending balance	105	105
Consumer Banking and Lending [Member] | Operating Segments [Member]
Goodwill Table
Goodwill, beginning balance	16,418	16,418
Foreign currency translation	0	0
Goodwill, ending balance	16,418	16,418
Commercial Banking [Member] | Operating Segments [Member]
Goodwill Table
Goodwill, beginning balance	2,933	2,931
Foreign currency translation	(8)	2
Goodwill, ending balance	2,925	2,933
Corporate and Investment Banking [Member] | Operating Segments [Member]
Goodwill Table
Goodwill, beginning balance	5,375	5,375
Foreign currency translation	0	0
Goodwill, ending balance	5,375	5,375
Wealth and Investment Management [Member] | Operating Segments [Member]
Goodwill Table
Goodwill, beginning balance	344	344
Foreign currency translation	0	0
Goodwill, ending balance	$ 344	$ 344

Intangible Assets and Other A_4

Intangible Assets and Other Assets, Other Assets (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Components of Other Assets [Line Items]
Corporate/bank-owned life insurance	$ 19,751	$ 19,705
Accounts receivable	19,608	30,541
Operating lease assets (lessor)	5,286	5,558
Operating lease ROU assets (lessee)	3,850	3,412
Other	18,472	12,839
Other assets	73,302	78,815
AFS and HTM debt securities [Member]
Components of Other Assets [Line Items]
Interest receivable	1,544	1,616
Loans [Member]
Components of Other Assets [Line Items]
Interest receivable	3,420	3,933
Trading and other [Member]
Components of Other Assets [Line Items]
Interest receivable	$ 1,371	$ 1,211

Leasing Activity, Leasing Reven

Leasing Activity, Leasing Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income and Expenses, Lessor [Abstract]
Interest income on lease financing	$ 904	$ 740	$ 600
Variable revenue on lease financing	92	97	114
Fixed revenue on operating leases	918	968	972
Variable revenue on operating leases	43	43	58
Other lease-related revenue	178	129	125
Noninterest income on leases	1,231	1,237	1,269
Total leasing revenue	2,135	1,977	1,869
Leasing Activity Disclosures Textual [Abstract]
Lease expense	$ 633	$ 697	$ 750

Leasing Activity, Investment in

Leasing Activity, Investment in Lease Financing (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Lease receivables	$ 15,290	$ 15,142
Residual asset values	3,712	3,678
Unearned income	(2,589)	(2,397)
Lease financing	16,413	16,423
Leasing Activity Disclosures Textual [Abstract]
Leveraged leases, lessor	509	640
Operating lease assets (lessor)	5,286	5,558
Accumulated depreciation, operating lease assets, lessor	2,900	3,000
Depreciation, operating lease assets, lessor	$ 407	$ 453	$ 477

Leasing Activity, Maturities of

Leasing Activity, Maturities of Lease Receivables (Details) $ in Millions	Dec. 31, 2024 USD ($)
Direct Financing and Sales-Type Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
2025, direct financing and sales-type leases, lessor	$ 4,628
2026, direct financing and sales-type leases, lessor	3,562
2027, direct financing and sales-type leases, lessor	2,548
2028, direct financing and sales-type leases, lessor	1,622
2029, direct financing and sales-type leases, lessor	908
Thereafter, direct financing and sales-type leases, lessor	2,022
Total lease receivable, direct financing and sales-type leases, lessor	15,290
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]
2025, operating leases. lessor	562
2026, operating leases, lessor	423
2027, operating leases, lessor	317
2028, operating leases, lessor	222
2029, operating leases, lessor	141
Thereafter, operating leases, lessor	258
Total lease receivables, operating leases, lessor	$ 1,923

Leasing Activity, Operating Lea

Leasing Activity, Operating Lease Right-of-Use (ROU) Assets and Lease Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
ROU assets	$ 3,850	$ 3,412
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Lease liabilities	$ 4,423	$ 4,060
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities

Leasing Activity, Lease Costs (

Leasing Activity, Lease Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Fixed lease expense – operating leases	$ 971	$ 990	$ 1,022
Variable lease expense	271	268	277
Other	(43)	(52)	(37)
Total lease costs	$ 1,199	$ 1,206	$ 1,262

Leasing Activity, Lease Payment

Leasing Activity, Lease Payments on Operating Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2025, operating leases, lessee	$ 889
2026, operating leases, lessee	938
2027, operating leases, lessee	799
2028, operating leases, lessee	661
2029, operating leases, lessee	473
Thereafter, operating leases, lessee	1,234
Total lease payments, operating leases, lessee	4,994
Less: imputed interest	571
Total operating lease liabilities	$ 4,423	$ 4,060
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities
Weighted average remaining lease term (in years)	6 years 7 months 6 days
Weighted average discount rate	3.60%
Leasing Activity Disclosures Textual [Abstract]
Lessee, Operating lease, term of contract	15 years
Lessee, Operating lease, term of contract, longest expiration year	2105
Lessee, Operating lease, not yet commenced, lease commitment amount	$ 74
Lessee, Operating lease, not yet commenced, earliest year of commencement	2026
Minimum [Member]
Leasing Activity Disclosures Textual [Abstract]
Lessee, Operating lease, lease not yet commenced, term of contract	1 year
Maximum [Member]
Leasing Activity Disclosures Textual [Abstract]
Lessee, Operating lease, lease not yet commenced, term of contract	18 years

Deposits (Details)

Deposits (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Time Deposits [Line Items]
Total time deposits	$ 139,865	$ 192,267
Time deposits in excess of $250,000	29,675	57,489
Time Deposits, Fiscal Year Maturity [Abstract]
2025	126,470
2026	5,919
2027	3,554
2028	3,005
2029	614
Thereafter	303
Total	$ 139,865	$ 192,267

Long-Term Debt, Summary (Detail

Long-Term Debt, Summary (Details) - USD ($) $ in Millions	Dec. 31, 2024	Jan. 01, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt	$ 173,078		$ 207,588
Wells Fargo Bank, National Association and other bank entities [Member]
Debt Instrument [Line Items]
Long-term debt	24,709		58,466
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member]
Debt Instrument [Line Items]
Long-term debt	15,724		47,078
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Fixed-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 8,262		6,506
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Fixed-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.81%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Fixed-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.55%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,864		1,416
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.29%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	6.18%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate advances-Federal Home Loan Bank (FHLB) [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,000		38,000
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate advances-Federal Home Loan Bank (FHLB) [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.83%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Floating-rate advances-Federal Home Loan Bank (FHLB) [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.85%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Structured notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 2,582		1,137
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Finance leases [Member]
Debt Instrument [Line Items]
Long-term debt	$ 16		19
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Finance leases [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	1.69%
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member] | Finance leases [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.90%
Wells Fargo Bank, National Association and other bank entities [Member] | Subordinated Debt [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,236		3,416
Wells Fargo Bank, National Association and other bank entities [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,236		3,416
Wells Fargo Bank, National Association and other bank entities [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.85%
Wells Fargo Bank, National Association and other bank entities [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	7.74%
Wells Fargo Bank, National Association and other bank entities [Member] | Junior subordinated debt [Member]
Debt Instrument [Line Items]
Long-term debt	$ 429		414
Wells Fargo Bank, National Association and other bank entities [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 429		414
Wells Fargo Bank, National Association and other bank entities [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.36%
Wells Fargo Bank, National Association and other bank entities [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.57%
Wells Fargo Bank, National Association and other bank entities [Member] | Credit card securitizations [Member]
Debt Instrument [Line Items]
Long-term debt	$ 2,240
Wells Fargo Bank, National Association and other bank entities [Member] | Credit card securitizations [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.29%
Wells Fargo Bank, National Association and other bank entities [Member] | Credit card securitizations [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	4.94%
Wells Fargo Bank, National Association and other bank entities [Member] | Other bank debt [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,080		7,558
Wells Fargo Bank, National Association and other bank entities [Member] | Other bank debt [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	0.50%
Wells Fargo Bank, National Association and other bank entities [Member] | Other bank debt [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	8.75%
Other Consolidated Subsidiaries [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,269		810
Other Consolidated Subsidiaries [Member] | Senior debt [Member]
Debt Instrument [Line Items]
Long-term debt	1,269
Other Consolidated Subsidiaries [Member] | Senior debt [Member] | Structured notes [Member]
Debt Instrument [Line Items]
Long-term debt	1,269		810
Wells Fargo & Company [Member]
Debt Instrument [Line Items]
Long-term debt	147,100		148,312
Wells Fargo & Company [Member] | Senior debt [Member]
Debt Instrument [Line Items]
Long-term debt	128,852		128,288
Wells Fargo & Company [Member] | Senior debt [Member] | Fixed-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 33,194		42,384
Wells Fargo & Company [Member] | Senior debt [Member] | Fixed-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	0.63%
Wells Fargo & Company [Member] | Senior debt [Member] | Fixed-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	6.75%
Wells Fargo & Company [Member] | Senior debt [Member] | Floating-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,339		1,046
Wells Fargo & Company [Member] | Senior debt [Member] | Floating-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	3.90%
Wells Fargo & Company [Member] | Senior debt [Member] | Floating-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	6.51%
Wells Fargo & Company [Member] | Senior debt [Member] | FixFloat notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 85,130		77,958
Wells Fargo & Company [Member] | Senior debt [Member] | FixFloat notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	1.74%
Wells Fargo & Company [Member] | Senior debt [Member] | FixFloat notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	6.49%
Wells Fargo & Company [Member] | Senior debt [Member] | Structured notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 7,189		6,900
Wells Fargo & Company [Member] | Subordinated Debt [Member]
Debt Instrument [Line Items]
Long-term debt	17,091		18,841
Wells Fargo & Company [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	17,091		18,841
Long-Term Debt Textual [Abstract]
Debt instrument, unamortized discount	114		118
Debt issuance costs, gross	$ 2		2
Wells Fargo & Company [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	3.87%
Wells Fargo & Company [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	7.57%
Wells Fargo & Company [Member] | Junior subordinated debt [Member]
Debt Instrument [Line Items]
Long-term debt	$ 1,157		1,183
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Fixed-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 789		828
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Fixed-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.95%
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Fixed-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	7.95%
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 368		355
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.41%
Wells Fargo & Company [Member] | Junior subordinated debt [Member] | Floating-rate notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate(s)	5.92%
VIEs that we consolidate [Member] | Wells Fargo Bank, National Association and other bank entities [Member] | Credit card securitizations [Member]
Debt Instrument [Line Items]
Long-term debt	$ 2,240		0
VIEs that we do not consolidate [Member]
Long-Term Debt Textual [Abstract]
Junior subordinated debenture owed to unconsolidated subsidiary trust	429		414
VIEs that we do not consolidate [Member] | Long-term debt [Member]
Long-Term Debt Textual [Abstract]
Investment program, commitment		$ 4,900	4,900
Affiliate entity [Member] | Subordinated Debt [Member] | Fixed-rate notes [Member]
Long-Term Debt Textual [Abstract]
Debt issuance costs, gross	$ 365		$ 379

Long-Term Debt, Maturities (Det

Long-Term Debt, Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Maturities of Long-Term Debt [Line Items]
2025	$ 18,174
2026	34,969
2027	13,357
2028	20,583
2029	11,345
Thereafter	74,650
Long-term debt	173,078	$ 207,588
Wells Fargo Bank, National Association and other bank entities [Member]
Maturities of Long-Term Debt [Line Items]
2025	8,086
2026	7,745
2027	2,769
2028	292
2029	49
Thereafter	5,768
Long-term debt	24,709	58,466
Wells Fargo Bank, National Association and other bank entities [Member] | Senior debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	7,826
2026	7,687
2027	3
2028	28
2029	2
Thereafter	178
Long-term debt	15,724	47,078
Wells Fargo Bank, National Association and other bank entities [Member] | Subordinated Debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	150
2026	0
2027	26
2028	193
2029	0
Thereafter	2,867
Long-term debt	3,236	3,416
Wells Fargo Bank, National Association and other bank entities [Member] | Junior subordinated debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	0
2026	0
2027	429
2028	0
2029	0
Thereafter	0
Long-term debt	429	414
Wells Fargo Bank, National Association and other bank entities [Member] | Credit card securitizations [Member]
Maturities of Long-Term Debt [Line Items]
2025	0
2026	0
2027	2,240
2028	0
2029	0
Thereafter	0
Long-term debt	2,240
Wells Fargo Bank, National Association and other bank entities [Member] | Other bank debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	110
2026	58
2027	71
2028	71
2029	47
Thereafter	2,723
Long-term debt	3,080	7,558
Other Consolidated Subsidiaries [Member]
Maturities of Long-Term Debt [Line Items]
2025	377
2026	220
2027	43
2028	5
2029	288
Thereafter	336
Long-term debt	1,269	810
Other Consolidated Subsidiaries [Member] | Senior debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	377
2026	220
2027	43
2028	5
2029	288
Thereafter	336
Long-term debt	1,269
Wells Fargo & Company [Member]
Maturities of Long-Term Debt [Line Items]
2025	9,711
2026	27,004
2027	10,545
2028	20,286
2029	11,008
Thereafter	68,546
Long-term debt	147,100	148,312
Wells Fargo & Company [Member] | Senior debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	8,771
2026	24,321
2027	7,787
2028	20,286
2029	10,742
Thereafter	56,945
Long-term debt	128,852	128,288
Wells Fargo & Company [Member] | Subordinated Debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	940
2026	2,683
2027	2,390
2028	0
2029	0
Thereafter	11,078
Long-term debt	17,091	18,841
Wells Fargo & Company [Member] | Junior subordinated debt [Member]
Maturities of Long-Term Debt [Line Items]
2025	0
2026	0
2027	368
2028	0
2029	266
Thereafter	523
Long-term debt	$ 1,157	$ 1,183

Preferred Stock (Details)

Preferred Stock (Details) $ in Millions		12 Months Ended
	Jul. 23, 2024 USD ($)	Dec. 31, 2024 USD ($) vote shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($)
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		4,742,300	4,776,800
Preferred stock, shares issued and outstanding		4,680,752	4,714,427
Preferred stock, liquidation preference, value | $		$ 19,376	$ 20,216
Preferred stock, carrying value | $		$ 18,608	$ 19,448
Detail of Preferred Stock [Abstract]
Voting rights		If issued, preference shares would be limited to one vote per share
Number of additional common stock shares per preferred share		16.5916	16.5916
Preferred stock, no voting rights [Member]
Detail of Preferred Stock [Abstract]
Preferred shares authorized		20,000,000
Preferred stock, par or stated value | $		$ 0
Preferred stock, voting rights [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares issued and outstanding		0
Detail of Preferred Stock [Abstract]
Preferred shares authorized		4,000,000
Preferred stock, par or stated value | $		$ 0
Number of votes per share | vote		1
Dividend Equalization Preferred Shares (DEP) [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		97,000	97,000
Preferred stock, shares issued and outstanding		96,546	96,546
Preferred stock, liquidation preference, value | $		$ 0	$ 0
Preferred stock, carrying value | $		$ 0	$ 0
Series L - 7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		4,025,000	4,025,000
Preferred stock, shares issued and outstanding		3,967,906	3,967,981
Preferred stock, liquidation preference, value | $		$ 3,968	$ 3,968
Preferred stock, carrying value | $		$ 3,200	$ 3,200
Preferred stock, dividend rate (percent)		7.50%	7.50%
Detail of Preferred Stock [Abstract]
Number of common stock shares per preferred share		6.3814	6.3814
Dividends, preferred stock | $		$ 298	$ 298	$ 298
Series R - 6.625% Fixed-to-Floating Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		0	34,500
Preferred stock, shares issued and outstanding		0	33,600
Preferred stock, liquidation preference, value | $		$ 0	$ 840
Preferred stock, carrying value | $		$ 0	$ 840
Preferred stock, dividend rate (percent)		6.625%	6.625%
Series S - 5.900% Fixed-to-Floating Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		0	80,000
Preferred stock, shares issued and outstanding		0	80,000
Preferred stock, liquidation preference, value | $		$ 0	$ 2,000
Preferred stock, carrying value | $		$ 0	$ 2,000
Preferred stock, dividend rate (percent)		5.90%	5.90%
Series U - 5.875% Fixed-to-Floating Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		80,000	80,000
Preferred stock, shares issued and outstanding		80,000	80,000
Preferred stock, liquidation preference, value | $		$ 2,000	$ 2,000
Preferred stock, carrying value | $		$ 2,000	$ 2,000
Preferred stock, dividend rate (percent)		5.875%	5.875%
Series Y - 5.625% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		27,600	27,600
Preferred stock, shares issued and outstanding		27,600	27,600
Preferred stock, liquidation preference, value | $		$ 690	$ 690
Preferred stock, carrying value | $		$ 690	$ 690
Preferred stock, dividend rate (percent)		5.625%	5.625%
Series Z - 4.75% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		80,500	80,500
Preferred stock, shares issued and outstanding		80,500	80,500
Preferred stock, liquidation preference, value | $		$ 2,013	$ 2,013
Preferred stock, carrying value | $		$ 2,013	$ 2,013
Preferred stock, dividend rate (percent)		4.75%	4.75%
Series AA - 4.70% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		46,800	46,800
Preferred stock, shares issued and outstanding		46,800	46,800
Preferred stock, liquidation preference, value | $		$ 1,170	$ 1,170
Preferred stock, carrying value | $		$ 1,170	$ 1,170
Preferred stock, dividend rate (percent)		4.70%	4.70%
Series BB - 3.90% Fixed-Reset Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		140,400	140,400
Preferred stock, shares issued and outstanding		140,400	140,400
Preferred stock, liquidation preference, value | $		$ 3,510	$ 3,510
Preferred stock, carrying value | $		$ 3,510	$ 3,510
Preferred stock, dividend rate (percent)		3.90%	3.90%
Series CC - 4.375% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		46,000	46,000
Preferred stock, shares issued and outstanding		42,000	42,000
Preferred stock, liquidation preference, value | $		$ 1,050	$ 1,050
Preferred stock, carrying value | $		$ 1,050	$ 1,050
Preferred stock, dividend rate (percent)		4.375%	4.375%
Series DD - 4.25% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		50,000	50,000
Preferred stock, shares issued and outstanding		50,000	50,000
Preferred stock, liquidation preference, value | $		$ 1,250	$ 1,250
Preferred stock, carrying value | $		$ 1,250	$ 1,250
Preferred stock, dividend rate (percent)		4.25%	4.25%
Series EE - 7.625% Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		69,000	69,000
Preferred stock, shares issued and outstanding		69,000	69,000
Preferred stock, liquidation preference, value | $		$ 1,725	$ 1,725
Preferred stock, carrying value | $		$ 1,725	$ 1,725
Preferred stock, dividend rate (percent)		7.625%	7.625%
Series FF - 6.85% Fixed Non-Cumulative Perpetual Class A Preferred Stock [Member]
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]
Preferred stock, shares authorized and designated		80,000	0
Preferred stock, shares issued and outstanding		80,000	0
Preferred stock, liquidation preference, value | $		$ 2,000	$ 0
Preferred stock, carrying value | $		$ 2,000	$ 0
Preferred stock, dividend rate (percent)		6.85%
Detail of Preferred Stock [Abstract]
Preferred stock issued | $	$ 2,000

Common Stock and Stock Plans, C

Common Stock and Stock Plans, Common Stock Shares (Details) - shares	Dec. 31, 2024	Dec. 31, 2023
Reserved, Issued and Authorized Common Stock [Abstract]
Shares reserved	233,154,695
Shares issued	5,481,811,474	5,481,811,474
Shares not reserved or issued	3,285,033,831
Total shares authorized	9,000,000,000	9,000,000,000

Common Stock and Stock Plans,_2

Common Stock and Stock Plans, Common Stock Shares Outstanding (Details) - Common Stock, par value $1-2/3 - shares shares in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Common Stock Shares Outstanding [Line Items]
Balance, beginning of period, shares	3,598.9	3,833.8	3,885.8
Issued, shares	22.8	37.2	43.5
Repurchased, shares	(332.8)	(272.1)	(110.4)
Issued to ESOP, shares	0	0	14.9
Balance, end of period, shares	3,288.9	3,598.9	3,833.8

Common Stock and Stock Plans, S

Common Stock and Stock Plans, Stock Compensation Expense (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Allocation of Stock Compensation Expense and Related Recognized Tax Benefit [Abstract]
RSRs	$ 1,180	$ 1,069	$ 947
Performance shares	101	53	31
Total stock compensation expense	1,281	1,122	978
Related recognized tax benefit	$ 317	$ 277	$ 242
Total number of shares of common stock available for grant under plans	77

Common Stock and Stock Plans, R

Common Stock and Stock Plans, Restricted Share Rights (Details) - Restricted share rights [Member] - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Summary of Restricted Share Rights and Restricted Share Awards [Abstract]
Nonvested at January 1, 2024 (in shares)	59,547,247
Granted (in shares)	28,897,700
Vested (in shares)	(23,954,867)
Canceled or forfeited (in shares)	(2,448,184)
Nonvested at December 31, 2024 (in shares)	62,041,896	59,547,247
Weighted-  average  grant-date  fair value
Nonvested at January 1, 2024 (in dollars per share)	$ 43.07
Granted (in dollars per share)	50.59	$ 44.15	$ 51.80
Vested (in dollars per share)	46.54
Canceled or forfeited (in dollars per share)	46.54
Nonvested at December 31, 2024 (in dollars per share)	$ 45.10	$ 43.07
Unrecognized compensation cost related to nonvested awards	$ 1,200,000,000
Expected weighted-average period to recognize compensation costs related to awards	2 years 4 months 24 days
Fair value of RSRs vested	$ 1,200,000,000	$ 954,000,000	$ 1,000,000,000
Cost amount to holders of incentive compensation share plans	$ 0
Long-term incentive compensation plans [Member] | Minimum [Member]
Weighted-  average  grant-date  fair value
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Long-term incentive compensation plans [Member] | Maximum [Member]
Weighted-  average  grant-date  fair value
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years

Common Stock and Stock Plans, P

Common Stock and Stock Plans, Performance Share Awards (Details) - Performance share awards [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Summary of Performance Awards [Abstract]
Nonvested at January 1, 2024 (in shares)	4,287,823
Granted (in shares)	1,563,471
Vested (in shares)	(2,403,495)
Canceled or forfeited (in shares)	(8,431)
Nonvested at December 31, 2024 (in shares)	3,439,368	4,287,823
Weighted-  average  grant-date  fair value
Nonvested at January 1, 2024 (in dollars per share)	$ 36.51
Granted (in dollars per share)	44.57	$ 44.33	$ 52.80
Vested (in dollars per share)	46.24
Canceled or forfeited (in dollars per share)	39.09
Nonvested at December 31, 2024 (in dollars per share)	$ 33.37	$ 36.51
Cost amount to holders of incentive compensation share plans	$ 0
Award vesting period	3 years
Future vesting amount, minimum (percent)	0%
Future vesting amount, maximum (percent)	150%
Unrecognized compensation cost related to nonvested performance awards	$ 23
Expected weighted-average period to recognize compensation costs related to awards	1 year 4 months 24 days
Fair value of awards vested	$ 134	$ 31	$ 19

Legal Actions (Details)

Legal Actions (Details) $ in Millions	Nov. 30, 2016 USD ($)	Jan. 31, 2025 USD ($)	Dec. 31, 2024 USD ($) legal_action	Dec. 20, 2024 legal_action	Sep. 26, 2022 legal_action	Jun. 30, 2022 legal_action	Jul. 13, 2012 USD ($)
Liability for contingent litigation losses [Member]
Legal Actions (Textual) [Abstract]
Range of possible loss, portion not accrued			$ 2,000
Advisory Account Cash Sweep Matters [Member] | Subsequent Event [Member]
Legal Actions (Textual) [Abstract]
Loss Contingency, Estimate of Possible Loss		$ 35
Company 401 (K) Plan Matters - Plan Participants [Member]
Legal Actions (Textual) [Abstract]
Loss contingency, pending claims, number | legal_action					1
Hiring Practices Matters [Member]
Legal Actions (Textual) [Abstract]
Loss contingency, pending claims, number | legal_action						1
Interchange Litigation [Member]
Legal Actions (Textual) [Abstract]
Loss Contingency, Estimate of Possible Loss							$ 6,600
Litigation Settlement, Expense	$ 6,200
Litigation Settlement, Funds Remaining from 2012	5,300
Litigation Settlement, Additional Funding	900
Litigation Settlement, Additional Funding Allocated to WFC	$ 94.5
Seminole Tribe - Administration of a minor’s trust [Member]
Legal Actions (Textual) [Abstract]
Loss contingency, pending claims, number | legal_action			3
Zelle Litigation [Member]
Legal Actions (Textual) [Abstract]
Loss contingency, pending claims, number | legal_action				1

Derivatives, Notional or Contra

Derivatives, Notional or Contractual Amounts and Fair Values of Derivatives (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Fair value derivative assets, gross	$ 98,709	$ 73,371
Fair value derivative assets, netting	(78,697)	(55,148)
Derivative assets	20,012	18,223
Fair value of derivative liabilities, gross	99,349	80,639
Fair value derivative liabilities, netting	(83,014)	(62,144)
Derivative liabilities	16,335	18,495
Designated as hedging instrument [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Fair value derivative assets, gross	381	723
Fair value of derivative liabilities, gross	1,243	977
Designated as hedging instrument [Member] | Interest rate contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	294,127	357,096
Fair value derivative assets, gross	352	639
Fair value of derivative liabilities, gross	863	570
Designated as hedging instrument [Member] | Commodity contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	4,756	2,600
Fair value derivative assets, gross	17	24
Fair value of derivative liabilities, gross	10	12
Designated as hedging instrument [Member] | Foreign exchange contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	3,326	4,193
Fair value derivative assets, gross	12	60
Fair value of derivative liabilities, gross	370	395
Not designated as hedging instrument [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Fair value derivative assets, gross	98,328	72,648
Fair value of derivative liabilities, gross	98,106	79,662
Not designated as hedging instrument [Member] | Interest rate contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	9,510,281	10,409,720
Fair value derivative assets, gross	28,463	31,806
Fair value of derivative liabilities, gross	30,272	36,312
Not designated as hedging instrument [Member] | Commodity contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	96,321	88,491
Fair value derivative assets, gross	2,624	2,717
Fair value of derivative liabilities, gross	1,623	2,734
Not designated as hedging instrument [Member] | Equity contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	487,097	438,458
Fair value derivative assets, gross	15,201	13,305
Fair value of derivative liabilities, gross	15,606	13,810
Not designated as hedging instrument [Member] | Foreign exchange contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	3,506,412	2,273,383
Fair value derivative assets, gross	51,944	24,707
Fair value of derivative liabilities, gross	50,555	26,762
Not designated as hedging instrument [Member] | Credit contracts [Member]
Notional Or Contractual Amounts And Fair Values For Derivatives [Abstract]
Notional or contractual amount	47,557	60,439
Fair value derivative assets, gross	96	113
Fair value of derivative liabilities, gross	$ 50	$ 44

Derivatives, Offsetting of Deri

Derivatives, Offsetting of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Derivative Assets
Derivative Assets, gross	$ 94,692	$ 68,095
Counterparty netting, assets	(69,080)	(50,692)
Cash collateral netting, assets	(9,617)	(4,456)
Total derivatives subject to enforceable master netting arrangements, net, assets	15,995	12,947
Derivatives not subject to enforceable master netting arrangements, assets	4,017	5,276
Derivative assets	20,012	18,223
Non-cash collateral not offset, assets	(4,024)	(2,587)
Total Derivatives, net, assets	15,988	15,636
Derivative Liabilities
Derivative Liabilities, gross	95,429	75,488
Counterparty netting, liabilities	(68,945)	(50,606)
Cash collateral netting, liabilities	(14,069)	(11,538)
Total derivatives subject to enforceable master netting arrangements, net, liabilities	12,415	13,344
Derivatives not subject to enforceable master netting arrangements , liabilities	3,920	5,151
Derivative liabilities	16,335	18,495
Non-cash collateral not offset, Liabilities	(2,853)	(4,388)
Total Derivatives, net, liabilities	13,482	14,107
Interest rate contracts [Member]
Derivative Assets
Derivative Assets, gross	27,489	30,816
Derivative Liabilities
Derivative Liabilities, gross	29,033	33,407
Interest rate contracts [Member] | OTC [Member]
Derivative Assets
Derivative Assets, gross	26,350	29,040
Derivative Liabilities
Derivative Liabilities, gross	27,786	31,809
Interest rate contracts [Member] | OTC cleared [Member]
Derivative Assets
Derivative Assets, gross	961	1,581
Derivative Liabilities
Derivative Liabilities, gross	1,126	1,397
Interest rate contracts [Member] | Exchange traded [Member]
Derivative Assets
Derivative Assets, gross	178	195
Derivative Liabilities
Derivative Liabilities, gross	121	201
Commodity contracts [Member]
Derivative Assets
Derivative Assets, gross	2,237	2,526
Derivative Liabilities
Derivative Liabilities, gross	1,448	2,610
Commodity contracts [Member] | OTC [Member]
Derivative Assets
Derivative Assets, gross	1,936	2,014
Derivative Liabilities
Derivative Liabilities, gross	1,121	2,254
Commodity contracts [Member] | Exchange traded [Member]
Derivative Assets
Derivative Assets, gross	301	512
Derivative Liabilities
Derivative Liabilities, gross	327	356
Equity contracts [Member]
Derivative Assets
Derivative Assets, gross	13,334	10,165
Derivative Liabilities
Derivative Liabilities, gross	14,248	12,471
Equity contracts [Member] | OTC [Member]
Derivative Assets
Derivative Assets, gross	6,139	5,375
Derivative Liabilities
Derivative Liabilities, gross	9,977	8,501
Equity contracts [Member] | Exchange traded [Member]
Derivative Assets
Derivative Assets, gross	7,195	4,790
Derivative Liabilities
Derivative Liabilities, gross	4,271	3,970
Foreign exchange contracts [Member]
Derivative Assets
Derivative Assets, gross	51,541	24,511
Derivative Liabilities
Derivative Liabilities, gross	50,654	26,961
Foreign exchange contracts [Member] | OTC [Member]
Derivative Assets
Derivative Assets, gross	51,541	24,511
Derivative Liabilities
Derivative Liabilities, gross	50,654	26,961
Credit contracts [Member]
Derivative Assets
Derivative Assets, gross	91	77
Derivative Liabilities
Derivative Liabilities, gross	46	39
Credit contracts [Member] | OTC [Member]
Derivative Assets
Derivative Assets, gross	91	77
Derivative Liabilities
Derivative Liabilities, gross	$ 46	$ 39

Derivatives, Gains (Losses) Rec

Derivatives, Gains (Losses) Recognized on Cash Flow Hedging Relationships (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Line Items Presented in the Consolidated Statement of Income and Other Comprehensive Income [Abstract]
Loans	$ 57,895	$ 57,155	$ 37,715
Other interest income	13,672	10,810	3,308
Long-term debt	(12,463)	(11,572)	(5,505)
Total recorded in OCI, Derivative gains (losses)	(356)	545	(1,448)
Derivatives (Textual) [Abstract]
Deferred net gains (losses) on derivatives in other comprehensive income	$ (547)
Maximum length of time hedged in cash flow hedge	8 years
Cash flow hedging [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Reclassification of net (gains) losses to net income on cash flow hedges, Before tax	$ 847	724	6
Net unrealized gains (losses) (pre-tax) recognized in OCI	(1,223)	(201)	(1,541)
Other comprehensive income (loss), cash flow hedge, gain (loss), after reclassification, before tax	(376)	523	(1,535)
Cash flow hedging [Member] | Interest rate contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Reclassification of net (gains) losses to net income on cash flow hedges, Before tax	840	716	(4)
Net unrealized gains (losses) (pre-tax) recognized in OCI	(1,222)	(201)	(1,524)
Other comprehensive income (loss), cash flow hedge, gain (loss), after reclassification, before tax	(382)	515	(1,528)
Cash flow hedging [Member] | Foreign exchange contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Reclassification of net (gains) losses to net income on cash flow hedges, Before tax	7	8	10
Net unrealized gains (losses) (pre-tax) recognized in OCI	(1)	0	(17)
Other comprehensive income (loss), cash flow hedge, gain (loss), after reclassification, before tax	6	8	(7)
Cash flow hedging [Member] | Loans [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(444)	(267)	(20)
Cash flow hedging [Member] | Loans [Member] | Interest rate contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	(444)	(267)	(20)
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(444)	(267)	(20)
Cash flow hedging [Member] | Loans [Member] | Foreign exchange contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	0	0	0
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	0	0	0
Cash flow hedging [Member] | Other interest income [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(396)	(449)	24
Cash flow hedging [Member] | Other interest income [Member] | Interest rate contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	(396)	(449)	24
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(396)	(449)	24
Cash flow hedging [Member] | Other interest income [Member] | Foreign exchange contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	0	0	0
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	0	0	0
Cash flow hedging [Member] | Long-term debt [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(7)	(8)	(10)
Cash flow hedging [Member] | Long-term debt [Member] | Interest rate contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	0	0	0
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	0	0	0
Cash flow hedging [Member] | Long-term debt [Member] | Foreign exchange contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	(7)	(8)	(10)
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(7)	(8)	(10)
Cash flow hedging [Member] | Derivative gains (losses) [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(847)	(724)	(6)
Cash flow hedging [Member] | Derivative gains (losses) [Member] | Interest rate contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	(840)	(716)	4
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	(840)	(716)	4
Cash flow hedging [Member] | Derivative gains (losses) [Member] | Foreign exchange contracts [Member]
Gains (losses) recognized on cash flow hedging relationships [Abstract]
Realized gains (losses) (pre-tax) reclassified from OCI into net income	(7)	(8)	(10)
Total gain (loss) (pre-tax) on cash flow hedges recognized in earnings	$ (7)	$ (8)	$ (10)

Derivatives, Gains (Losses) R_2

Derivatives, Gains (Losses) Recognized on Fair Value Hedging Relationships (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Line Items Presented in the Consolidated Statement of Income and Other Comprehensive Income [Abstract]
Debt securities	$ 18,042	$ 16,108	$ 11,781
Deposits	(24,282)	(16,503)	(2,349)
Long-term debt	(12,463)	(11,572)	(5,505)
Net gains (losses) from trading and securities	5,434	4,368	1,461
Other	2,321	1,935	2,821
Total recorded in OCI, Derivative gains (losses)	(356)	545	(1,448)
Fair value hedging [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives, Total recorded in OCI	20	22	87
Fair value hedging [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives, Total recorded in OCI	0	0	0
Fair value hedging [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives, Total recorded in OCI	20	22	87
Fair value hedging [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives, Total recorded in OCI	0	0	0
Fair value hedging [Member] | Debt securities [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	874	1,135	183
Fair value hedging [Member] | Debt securities [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	864	1,137	143
Recognized on derivatives	212	(536)	3,616
Recognized on hedged items	(202)	534	(3,576)
Total gains (losses) (pre-tax) on interest rate contracts	874	1,135	183
Fair value hedging [Member] | Debt securities [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Debt securities [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Deposits [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	(408)	(338)	70
Fair value hedging [Member] | Deposits [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	(398)	(346)	65
Recognized on derivatives	(57)	312	(345)
Recognized on hedged items	47	(304)	350
Total gains (losses) (pre-tax) on interest rate contracts	(408)	(338)	70
Fair value hedging [Member] | Deposits [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Deposits [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Long-term debt [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	(3,916)	(3,733)	(36)
Fair value hedging [Member] | Long-term debt [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	(3,752)	(3,490)	313
Recognized on derivatives	(2,109)	2,634	(18,056)
Recognized on hedged items	2,072	(2,631)	17,919
Total gains (losses) (pre-tax) on interest rate contracts	(3,789)	(3,487)	176
Fair value hedging [Member] | Long-term debt [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	(114)	(223)	(189)
Recognized on derivatives	6	75	(1,120)
Recognized on hedged items	(19)	(98)	1,097
Total gains (losses) (pre-tax) on interest rate contracts	(127)	(246)	(212)
Fair value hedging [Member] | Long-term debt [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Net gains from trading and securities [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	2	0	0
Fair value hedging [Member] | Net gains from trading and securities [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Net gains from trading and securities [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	(103)	0	0
Recognized on hedged items	105	0	0
Total gains (losses) (pre-tax) on interest rate contracts	2	0	0
Fair value hedging [Member] | Net gains from trading and securities [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Other noninterest income [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	84	88	(2)
Fair value hedging [Member] | Other noninterest income [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	0	0	0
Recognized on hedged items	0	0	0
Total gains (losses) (pre-tax) on interest rate contracts	0	0	0
Fair value hedging [Member] | Other noninterest income [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	0	0	0
Recognized on derivatives	0	108	(1,021)
Recognized on hedged items	0	(99)	1,005
Total gains (losses) (pre-tax) on interest rate contracts	0	9	(16)
Fair value hedging [Member] | Other noninterest income [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	(372)	34	57
Recognized on hedged items	456	45	(43)
Total gains (losses) (pre-tax) on interest rate contracts	84	79	14
Fair value hedging [Member] | Derivative gains (losses) [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Total gains (losses) (pre-tax) on interest rate contracts	(3,364)	(2,848)	215
Fair value hedging [Member] | Derivative gains (losses) [Member] | Interest contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	(3,286)	(2,699)	521
Recognized on derivatives	(1,954)	2,410	(14,785)
Recognized on hedged items	1,917	(2,401)	14,693
Total gains (losses) (pre-tax) on interest rate contracts	(3,323)	(2,690)	429
Fair value hedging [Member] | Derivative gains (losses) [Member] | Foreign exchange contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Amounts related to cash flows on derivatives	(114)	(223)	(189)
Recognized on derivatives	(97)	183	(2,141)
Recognized on hedged items	86	(197)	2,102
Total gains (losses) (pre-tax) on interest rate contracts	(125)	(237)	(228)
Fair value hedging [Member] | Derivative gains (losses) [Member] | Commodity contracts [Member]
Total gains (losses) (pre-tax) recognized on fair value hedges
Recognized on derivatives	(372)	34	57
Recognized on hedged items	456	45	(43)
Total gains (losses) (pre-tax) on interest rate contracts	$ 84	$ 79	$ 14

Derivatives, Hedged Items in Fa

Derivatives, Hedged Items in Fair Value Hedging Relationships (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value Hedging Basis Adjustment [Abstract]
Hedged Asset, Statement of Financial Position [Extensible Enumeration]	Available-for-sale, at fair value	Available-for-sale, at fair value
Fair value hedging [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Cumulative basis adjustment associated with hedged items layers	$ (43)	$ (46)
Fair value hedging [Member] | Available-for-sale debt securities [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Amortized cost basis of the closed portfolios	18,600	28,200
Amount that represents the hedged items layers	9,000	25,800
Cumulative basis adjustment associated with hedged items layers	(43)	(46)
Hedged items currently designated [Member] | Fair value hedging [Member] | Available-for-sale debt securities [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of assets	37,410	55,898
Hedge accounting basis adjustment, assets	(1,546)	(2,384)
Hedged items currently designated [Member] | Fair value hedging [Member] | Other assets [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of assets	4,787	2,262
Hedge accounting basis adjustment, assets	100	67
Hedged items currently designated [Member] | Fair value hedging [Member] | Interest-bearing deposits [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of liabilities	(54,084)	(89,641)
Hedge accounting basis adjustment, liabilities	(56)	(101)
Hedged items currently designated [Member] | Fair value hedging [Member] | Long-term debt [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of liabilities	(151,743)	(146,940)
Hedge accounting basis adjustment, liabilities	12,858	10,990
Not designated as hedging instrument [Member] | Fair value hedging [Member] | Available-for-sale debt securities [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of assets	10,778	13,418
Hedge accounting basis adjustment, assets	312	504
Not designated as hedging instrument [Member] | Fair value hedging [Member] | Other assets [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of assets	0	0
Hedge accounting basis adjustment, assets	0	0
Not designated as hedging instrument [Member] | Fair value hedging [Member] | Interest-bearing deposits [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of liabilities	0	0
Hedge accounting basis adjustment, liabilities	0	0
Not designated as hedging instrument [Member] | Fair value hedging [Member] | Long-term debt [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of liabilities	0	0
Hedge accounting basis adjustment, liabilities	0	0
Foreign exchange contracts [Member] | Hedged items currently designated [Member] | Fair value hedging [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Carrying amount of assets	260	404
Re-designated as hedging instrument [Member] | Fair value hedging [Member] | Long-term debt [Member]
Fair Value Hedging Basis Adjustment [Abstract]
Hedge accounting basis adjustment, liabilities	$ 566	$ 731

Derivatives, Gains (Losses) on

Derivatives, Gains (Losses) on Economic Hedge Derivatives (Details) - Not designated as hedging instrument [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net Gains (Losses) Recognized In Income Statement Related To Derivatives Not Designated As Hedging Instruments [Abstract]
Net gains (losses) recognized related to economic hedge derivatives	$ (346)	$ (1,309)	$ (2,796)
Interest contracts [Member]
Net Gains (Losses) Recognized In Income Statement Related To Derivatives Not Designated As Hedging Instruments [Abstract]
Net gains (losses) recognized related to economic hedge derivatives	(633)	(321)	(2,202)
Equity contracts [Member]
Net Gains (Losses) Recognized In Income Statement Related To Derivatives Not Designated As Hedging Instruments [Abstract]
Net gains (losses) recognized related to economic hedge derivatives	(17)	(177)	(1,147)
Foreign exchange contracts [Member]
Net Gains (Losses) Recognized In Income Statement Related To Derivatives Not Designated As Hedging Instruments [Abstract]
Net gains (losses) recognized related to economic hedge derivatives	300	(824)	547
Credit contracts [Member]
Net Gains (Losses) Recognized In Income Statement Related To Derivatives Not Designated As Hedging Instruments [Abstract]
Net gains (losses) recognized related to economic hedge derivatives	$ 4	$ 13	$ 6

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities, Net Gains (Losses) from Derivative Valuation Adjustments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
CVA	$ 17	$ 80	$ (88)
DVA	4	(109)	173
FVA	(85)	0	0
Total	$ (64)	$ (29)	$ 85

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities, Derivative Valuation Adjustments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
CVA	$ (275)	$ (292)
DVA	226	222
FVA, net	(85)	0
Total derivative valuation adjustments	$ (134)	$ (70)

Derivatives, Sold Credit Deriva

Derivatives, Sold Credit Derivatives (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	$ 16,523	$ 25,085
Non-investment grade [Member]
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	4,463	7,884
Credit default swaps [Member]
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	10,516	18,453
Credit default swaps [Member] | Non-investment grade [Member]
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	684	1,399
Risk participation swaps [Member]
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	6,007	6,632
Risk participation swaps [Member] | Non-investment grade [Member]
Details of Sold and Purchased Credit Derivatives [Abstract]
Notional amount, Protection sold	$ 3,779	$ 6,485

Derivatives Derivatives, Credit

Derivatives Derivatives, Credit-Risk Contingent Features (Details) - USD ($) $ in Billions	Dec. 31, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net derivative liabilities with credit-risk contingent features	$ 23.8	$ 23.7
Collateral posted	19.8	21.4
Additional collateral to be posted upon a below investment grade credit rating	$ 4.1	$ 2.3

Fair Value Measurements, Fair V

Fair Value Measurements, Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets:
Trading debt securities	$ 121,205	$ 97,302
Available-for-sale debt securities	162,978	130,448
Gross derivative assets	94,692	68,095
Equity securities	60,644	57,336
Liabilities:
Total derivative liabilities (gross)	(95,429)	(75,488)
Interest rate contracts [Member]
Assets:
Gross derivative assets	27,489	30,816
Liabilities:
Total derivative liabilities (gross)	(29,033)	(33,407)
Commodity contracts [Member]
Assets:
Gross derivative assets	2,237	2,526
Liabilities:
Total derivative liabilities (gross)	(1,448)	(2,610)
Equity contracts [Member]
Assets:
Gross derivative assets	13,334	10,165
Liabilities:
Total derivative liabilities (gross)	(14,248)	(12,471)
Foreign exchange contracts [Member]
Assets:
Gross derivative assets	51,541	24,511
Liabilities:
Total derivative liabilities (gross)	(50,654)	(26,961)
Credit contracts [Member]
Assets:
Gross derivative assets	91	77
Liabilities:
Total derivative liabilities (gross)	(46)	(39)
Securities of U.S. Treasury and federal agencies [Member]
Assets:
Available-for-sale debt securities	23,285
Securities of U.S. states and political subdivisions [Member]
Assets:
Available-for-sale debt securities	12,035	20,066
Collateralized loan obligations [Member]
Assets:
Available-for-sale debt securities	2,202	1,533
Federal agency mortgage-backed securities [Member]
Assets:
Available-for-sale debt securities	123,029
Non-agency mortgage-backed securities [Member]
Assets:
Available-for-sale debt securities	1,806
Other debt securities [Member]
Assets:
Available-for-sale debt securities	621
Fair value, recurring [Member]
Assets:
Loans held for sale	4,713	2,892
Gross derivative assets	98,709	73,371
Equity securities	22,322	19,841
Other assets	168	49
Total assets prior to derivative netting	416,939	331,371
Fair value assets, Derivative netting	(78,697)	(55,148)
Total assets after derivative netting	338,242	276,223
Liabilities:
Total derivative liabilities (gross)	(99,349)	(80,639)
Short-sale and other liabilities	(28,796)	(25,554)
Interest-bearing deposits fair value disclosure	(318)	(1,297)
Long-term debt	(3,495)	(2,308)
Total liabilities prior to derivative netting	(131,958)	(109,798)
Fair value liabilities, Derivative netting	83,014	62,144
Total liabilities after derivative netting	(48,944)	(47,654)
Fair value, recurring [Member] | Total Consumer [Member] | Residential mortgage [Member]
Assets:
Mortgage servicing rights	6,844	7,468
Fair value, recurring [Member] | Interest rate contracts [Member]
Assets:
Gross derivative assets	28,815	32,445
Liabilities:
Total derivative liabilities (gross)	(31,135)	(36,882)
Fair value, recurring [Member] | Commodity contracts [Member]
Assets:
Gross derivative assets	2,641	2,741
Liabilities:
Total derivative liabilities (gross)	(1,633)	(2,746)
Fair value, recurring [Member] | Equity contracts [Member]
Assets:
Gross derivative assets	15,201	13,305
Liabilities:
Total derivative liabilities (gross)	(15,606)	(13,810)
Fair value, recurring [Member] | Foreign exchange contracts [Member]
Assets:
Gross derivative assets	51,956	24,767
Liabilities:
Total derivative liabilities (gross)	(50,925)	(27,157)
Fair value, recurring [Member] | Credit contracts [Member]
Assets:
Gross derivative assets	96	113
Liabilities:
Total derivative liabilities (gross)	(50)	(44)
Fair value, recurring [Member] | Debt securities [Member]
Assets:
Trading debt securities	121,205	97,302
Available-for-sale debt securities	162,978	130,448
Fair value, recurring [Member] | Securities of U.S. Treasury and federal agencies [Member]
Assets:
Trading debt securities	42,149	35,205
Available-for-sale debt securities	23,285	45,467
Fair value, recurring [Member] | Securities of U.S. states and political subdivisions [Member]
Assets:
Available-for-sale debt securities	12,035	20,066
Fair value, recurring [Member] | Collateralized loan obligations [Member]
Assets:
Trading debt securities	927	826
Available-for-sale debt securities	2,202	1,533
Fair value, recurring [Member] | Corporate debt securities [Member]
Assets:
Trading debt securities	17,386	12,941
Fair value, recurring [Member] | Federal agency mortgage-backed securities [Member]
Assets:
Trading debt securities	52,908	42,944
Available-for-sale debt securities	123,029	59,578
Fair value, recurring [Member] | Non-agency mortgage-backed securities [Member]
Assets:
Trading debt securities	1,703	1,487
Available-for-sale debt securities	1,806	2,749
Fair value, recurring [Member] | Other debt securities [Member]
Assets:
Trading debt securities	6,132	3,899
Available-for-sale debt securities	621	1,055
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Loans held for sale	0	0
Gross derivative assets	197	266
Equity securities	16,931	10,849
Other assets	0	0
Total assets prior to derivative netting	78,733	88,760
Liabilities:
Total derivative liabilities (gross)	(125)	(236)
Short-sale and other liabilities	(21,835)	(19,695)
Interest-bearing deposits fair value disclosure	0	0
Long-term debt	0	0
Total liabilities prior to derivative netting	(21,960)	(19,931)
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Total Consumer [Member] | Residential mortgage [Member]
Assets:
Mortgage servicing rights	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest rate contracts [Member]
Assets:
Gross derivative assets	178	195
Liabilities:
Total derivative liabilities (gross)	(121)	(201)
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commodity contracts [Member]
Assets:
Gross derivative assets	0	0
Liabilities:
Total derivative liabilities (gross)	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity contracts [Member]
Assets:
Gross derivative assets	19	71
Liabilities:
Total derivative liabilities (gross)	(4)	(35)
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Foreign exchange contracts [Member]
Assets:
Gross derivative assets	0	0
Liabilities:
Total derivative liabilities (gross)	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Credit contracts [Member]
Assets:
Gross derivative assets	0	0
Liabilities:
Total derivative liabilities (gross)	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Debt securities [Member]
Assets:
Trading debt securities	38,320	32,178
Available-for-sale debt securities	23,285	45,467
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Securities of U.S. Treasury and federal agencies [Member]
Assets:
Trading debt securities	38,320	32,178
Available-for-sale debt securities	23,285	45,467
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Securities of U.S. states and political subdivisions [Member]
Assets:
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Collateralized loan obligations [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate debt securities [Member]
Assets:
Trading debt securities	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Federal agency mortgage-backed securities [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Non-agency mortgage-backed securities [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other debt securities [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member]
Assets:
Loans held for sale	4,533	2,444
Gross derivative assets	97,749	72,002
Equity securities	5,344	8,949
Other assets	0	0
Total assets prior to derivative netting	329,862	233,122
Liabilities:
Total derivative liabilities (gross)	(93,658)	(74,302)
Short-sale and other liabilities	(6,909)	(5,776)
Interest-bearing deposits fair value disclosure	(318)	(1,297)
Long-term debt	(3,495)	(2,308)
Total liabilities prior to derivative netting	(104,380)	(83,683)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Total Consumer [Member] | Residential mortgage [Member]
Assets:
Mortgage servicing rights	0	0
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Interest rate contracts [Member]
Assets:
Gross derivative assets	28,070	31,434
Liabilities:
Total derivative liabilities (gross)	(26,844)	(32,298)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Commodity contracts [Member]
Assets:
Gross derivative assets	2,602	2,723
Liabilities:
Total derivative liabilities (gross)	(1,558)	(2,719)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Equity contracts [Member]
Assets:
Gross derivative assets	15,074	13,041
Liabilities:
Total derivative liabilities (gross)	(14,327)	(12,108)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Foreign exchange contracts [Member]
Assets:
Gross derivative assets	51,913	24,730
Liabilities:
Total derivative liabilities (gross)	(50,886)	(27,138)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Credit contracts [Member]
Assets:
Gross derivative assets	90	74
Liabilities:
Total derivative liabilities (gross)	(43)	(39)
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Debt securities [Member]
Assets:
Trading debt securities	82,759	64,967
Available-for-sale debt securities	139,477	84,760
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Securities of U.S. Treasury and federal agencies [Member]
Assets:
Trading debt securities	3,829	3,027
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Securities of U.S. states and political subdivisions [Member]
Assets:
Available-for-sale debt securities	12,018	20,009
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Collateralized loan obligations [Member]
Assets:
Trading debt securities	847	762
Available-for-sale debt securities	2,202	1,533
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Corporate debt securities [Member]
Assets:
Trading debt securities	17,341	12,859
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Federal agency mortgage-backed securities [Member]
Assets:
Trading debt securities	52,908	42,944
Available-for-sale debt securities	123,029	59,578
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Non-agency mortgage-backed securities [Member]
Assets:
Trading debt securities	1,702	1,477
Available-for-sale debt securities	1,804	2,748
Fair value, recurring [Member] | Fair value, inputs, level 2 [Member] | Other debt securities [Member]
Assets:
Trading debt securities	6,132	3,898
Available-for-sale debt securities	424	892
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member]
Assets:
Loans held for sale	180	448
Gross derivative assets	763	1,103
Equity securities	47	43
Other assets	168	49
Total assets prior to derivative netting	8,344	9,489
Liabilities:
Total derivative liabilities (gross)	(5,566)	(6,101)
Short-sale and other liabilities	(52)	(83)
Interest-bearing deposits fair value disclosure	0	0
Long-term debt	0	0
Total liabilities prior to derivative netting	(5,618)	(6,184)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member]
Assets:
Mortgage servicing rights	6,844	7,468
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Interest rate contracts [Member]
Assets:
Gross derivative assets	567	816
Liabilities:
Total derivative liabilities (gross)	(4,170)	(4,383)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Commodity contracts [Member]
Assets:
Gross derivative assets	39	18
Liabilities:
Total derivative liabilities (gross)	(75)	(27)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Equity contracts [Member]
Assets:
Gross derivative assets	108	193
Liabilities:
Total derivative liabilities (gross)	(1,275)	(1,667)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Foreign exchange contracts [Member]
Assets:
Gross derivative assets	43	37
Liabilities:
Total derivative liabilities (gross)	(39)	(19)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Credit contracts [Member]
Assets:
Gross derivative assets	6	39
Liabilities:
Total derivative liabilities (gross)	(7)	(5)
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Debt securities [Member]
Assets:
Trading debt securities	126	157
Available-for-sale debt securities	216	221
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Securities of U.S. Treasury and federal agencies [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Securities of U.S. states and political subdivisions [Member]
Assets:
Available-for-sale debt securities	17	57
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Collateralized loan obligations [Member]
Assets:
Trading debt securities	80	64
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Corporate debt securities [Member]
Assets:
Trading debt securities	45	82
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Federal agency mortgage-backed securities [Member]
Assets:
Trading debt securities	0	0
Available-for-sale debt securities	0	0
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Non-agency mortgage-backed securities [Member]
Assets:
Trading debt securities	1	10
Available-for-sale debt securities	2	1
Fair value, recurring [Member] | Fair value, inputs, level 3 [Member] | Other debt securities [Member]
Assets:
Trading debt securities	0	1
Available-for-sale debt securities	$ 197	$ 163

Fair Value Measurements, Change

Fair Value Measurements, Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Trading debt securities [Member]
Assets:
Balance, beginning of period	$ 241	$ 157	$ 185	$ 241
Net gains (losses)		(7)	(14)	(72)
Purchases		164	141	218
Sales		(200)	(167)	(186)
Settlements		(18)	(11)	(6)
Transfers into Level 3		66	104	22
Transfers out of Level 3		(36)	(81)	(32)
Balance, end of period		126	157	185
Net unrealized gain (losses), related to assets and liabilities held at period end		(12)	(12)	(73)
Available-for-sale debt securities [Member]
Assets:
Balance, beginning of period	186	221	276	186
Net gains (losses)		18	(8)	(36)
Purchases		24	113	327
Sales		0	(31)	(26)
Settlements		(18)	(19)	(25)
Transfers into Level 3		1	304	460
Transfers out of Level 3		(30)	(414)	(610)
Balance, end of period		216	221	276
Net unrealized gain (losses), related to assets and liabilities held at period end		20	(32)	(10)
Fair Value Disclosures, Textual [Abstract]
Total net gains (losses) related to assets held at period end and included in other comprehensive income		21	(27)	(37)
Total unrealized net gains (losses) related to assets held at period end and included in other comprehensive income		22	(28)	(9)
Loans held for sale [Member]
Assets:
Balance, beginning of period	1,033	448	793	1,033
Net gains (losses)		(4)	1	(252)
Purchases		119	298	389
Sales		(120)	(373)	(391)
Settlements		(91)	(120)	(207)
Transfers into Level 3		111	126	237
Transfers out of Level 3		(283)	(277)	(16)
Balance, end of period		180	448	793
Net unrealized gain (losses), related to assets and liabilities held at period end		(5)	(17)	(170)
Mortgage servicing rights [Member] | Total Consumer [Member] | Residential mortgage [Member]
Assets:
Balance, beginning of period	6,920	7,468	9,310	6,920
Net gains (losses)		(406)	(1,101)	2,001
Purchases		94	161	1,003
Sales		(312)	(902)	(614)
Settlements		0	0	0
Transfers into Level 3		0	0	0
Transfers out of Level 3		0	0	0
Balance, end of period		6,844	7,468	9,310
Net unrealized gain (losses), related to assets and liabilities held at period end		492	86	3,254
Derivative [Member]
Net Derivative Assets (Liabilities):
Balance, beginning of period	(285)	(4,998)	(3,797)	(285)
Net gains (losses)		(3,135)	(2,915)	(3,313)
Purchases		11	17	19
Sales		(4)	(7)	(18)
Settlements		3,357	3,150	1,830
Transfers into Level 3		(260)	(1,604)	(1,035)
Transfers out of Level 3		226	158	(995)
Balance, end of period		(4,803)	(4,998)	(3,797)
Net unrealized gains (losses) related to assets and liabilities held at period end		(507)	(179)	(1,813)
Derivative [Member] | Interest rate contracts [Member]
Net Derivative Assets (Liabilities):
Balance, beginning of period	127	(3,567)	(2,582)	127
Net gains (losses)		(2,820)	(2,062)	(3,280)
Purchases		0	3	0
Sales		0	(3)	0
Settlements		2,802	2,548	994
Transfers into Level 3		(9)	(1,493)	(435)
Transfers out of Level 3		(9)	22	12
Balance, end of period		(3,603)	(3,567)	(2,582)
Net unrealized gains (losses) related to assets and liabilities held at period end		(563)	93	(2,073)
Derivative [Member] | Equity contracts [Member]
Net Derivative Assets (Liabilities):
Balance, beginning of period	(417)	(1,474)	(1,224)	(417)
Net gains (losses)		(578)	(801)	35
Purchases		0	0	0
Sales		0	0	(9)
Settlements		857	521	718
Transfers into Level 3		(204)	(108)	(584)
Transfers out of Level 3		232	138	(967)
Balance, end of period		(1,167)	(1,474)	(1,224)
Net unrealized gains (losses) related to assets and liabilities held at period end		90	(314)	276
Derivative [Member] | Equity contracts [Member] | Nonmarketable equity securities [Member]
Net Derivative Assets (Liabilities):
Transfers out of Level 3	1,400
Derivative [Member] | Other derivative contracts [Member]
Net Derivative Assets (Liabilities):
Balance, beginning of period	5	43	9	5
Net gains (losses)		263	(52)	(68)
Purchases		11	14	19
Sales		(4)	(4)	(9)
Settlements		(302)	81	118
Transfers into Level 3		(47)	(3)	(16)
Transfers out of Level 3		3	(2)	(40)
Balance, end of period		(33)	43	9
Net unrealized gains (losses) related to assets and liabilities held at period end		(34)	42	(16)
Equity securities [Member]
Assets:
Balance, beginning of period	8,910	43	20	8,910
Net gains (losses)		9	(2)	4
Purchases		22	10	1
Sales		(27)	(8)	(2)
Settlements		0	0	0
Transfers into Level 3		0	23	3
Transfers out of Level 3		0	0	(8,896)
Balance, end of period		47	43	20
Net unrealized gain (losses), related to assets and liabilities held at period end		4	(1)	(2)
Other assets and liabilities [Member]
Assets and Liabilities:
Balance, beginning of period	(791)	(34)	(167)	(791)
Net gains (losses)		150	133	624
Purchases		0	0	0
Sales		0	0	0
Settlements		0	0	0
Transfers into level 3		0	0	0
Transfers out of Level 3		0	0	0
Balance, end of period		116	(34)	(167)
Net unrealized gain (losses), related to assets and liabilities held at period end		150	133	624
Fair Value Disclosures, Textual [Abstract]
Total net gains (losses) related to other assets and liabilities held at period end and included in other comprehensive income		(14)	(12)	71
Total unrealized net gains (losses) related to assets and liabilities held at period end and included in other comprehensive income		$ (14)	$ (12)	$ 71
Securities [Member] | Nonmarketable equity securities [Member]
Assets:
Transfers out of Level 3	$ 8,900

Fair Value Measurements, Valuat

Fair Value Measurements, Valuation Techniques - Recurring Basis (Details) - Fair value, recurring [Member] $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) $ / loan	Dec. 31, 2023 USD ($) $ / loan
Total Consumer [Member] | Residential mortgage [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Mortgage servicing rights	$ 6,844	$ 7,468
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, discount rate [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Net derivative assets and (liabilities)	$ (3,588)	$ (3,501)
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, discount rate [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.041	0.036
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, discount rate [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.042	0.054
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, discount rate [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.041	0.042
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, default rate [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Net derivative assets and (liabilities)	$ (15)	$ (36)
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, default rate [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.004	0.004
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, default rate [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.011	0.050
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, default rate [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.005	0.012
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, loss severity [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.500	0.500
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, loss severity [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.500	0.500
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, loss severity [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.500	0.500
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, prepayment rate [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.220
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, prepayment rate [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.220
Fair value, inputs, level 3 [Member] | Interest rate contracts [Member] | Measurement input, prepayment rate [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.220
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Net derivative assets and (liabilities)		$ (30)
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, fall-out factor [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.010
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, fall-out factor [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.990
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, fall-out factor [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.302
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, initial-value servicing [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		(0.00055)
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, initial-value servicing [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.01410
Fair value, inputs, level 3 [Member] | Derivative loan commitments [Member] | Measurement input, initial-value servicing [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input		0.00100
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Net derivative assets and (liabilities)	$ (758)	$ (1,020)
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Valuation technique, option model [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Net derivative assets and (liabilities)	$ (409)	$ (454)
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, weighted average life [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), term of contract	1 year	6 months
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, weighted average life [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), term of contract	4 years	2 years
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, weighted average life [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), term of contract	2 years	1 year 1 month 6 days
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, conversion factor [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	(0.014)	(0.069)
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, conversion factor [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0	0
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, conversion factor [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	(0.007)	(0.064)
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, correlation factor [Member] | Minimum [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	(0.700)	(0.670)
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, correlation factor [Member] | Maximum [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.989	0.990
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, correlation factor [Member] | Weighted average [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.653	0.738
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, volatility factor [Member] | Minimum [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.065	0.065
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, volatility factor [Member] | Maximum [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	1.380	1.470
Fair value, inputs, level 3 [Member] | Equity contracts [Member] | Measurement input, volatility factor [Member] | Weighted average [Member] | Valuation technique, option model [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative assets and (liabilities), measurement input	0.411	0.386
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Mortgage servicing rights	$ 6,844	$ 7,468
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Mortgage servicing rights	$ 6,844	$ 7,468
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, discount rate [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.092	0.089
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, discount rate [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.155	0.139
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, discount rate [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.101	0.094
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, cost to service per loan [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input | $ / loan	60	52
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, cost to service per loan [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input | $ / loan	451	527
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, cost to service per loan [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input | $ / loan	103	105
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, prepayment rate [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.068	0.073
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, prepayment rate [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.194	0.243
Fair value, inputs, level 3 [Member] | Total Consumer [Member] | Residential mortgage [Member] | Measurement input, prepayment rate [Member] | Weighted average [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.081	0.089
Fair value, inputs, level 3 [Member] | Non modified loans [Member] | Measurement input, cost to service per loan [Member] | Minimum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input | $ / loan	60	52
Fair value, inputs, level 3 [Member] | Non modified loans [Member] | Measurement input, cost to service per loan [Member] | Maximum [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input | $ / loan	162	167

Fair Value Measurements, Fair_2

Fair Value Measurements, Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities	$ 60,644	$ 57,336
Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	1,128	623
Loans	1,467	1,662
Equity securities	4,021	4,440
Other assets	4,968	2,509
Total assets after derivative netting	11,584	9,234
Nonrecurring [Member] | Total Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	1,376	1,565
Nonrecurring [Member] | Total Consumer [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	91	97
Nonrecurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	841	326
Loans	1,467	1,662
Equity securities	1,451	2,086
Other assets	4,959	2,451
Total assets after derivative netting	8,718	6,525
Nonrecurring [Member] | Level 2 [Member] | Total Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	1,376	1,565
Nonrecurring [Member] | Level 2 [Member] | Total Consumer [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	91	97
Nonrecurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	287	297
Loans	0	0
Equity securities	2,570	2,354
Other assets	9	58
Total assets after derivative netting	2,866	2,709
Nonrecurring [Member] | Level 3 [Member] | Total Commercial [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	0	0
Nonrecurring [Member] | Level 3 [Member] | Total Consumer [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	$ 0	$ 0

Fair Value Measurements, Gains

Fair Value Measurements, Gains (Losses) on Assets with Nonrecurring Fair Value Adjustment (Details) - Nonrecurring [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	$ (1,285)	$ (2,271)	$ (2,417)
Loans held for sale [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	7	(9)	(120)
Loans [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	(1,655)	(1,422)	(835)
Loans [Member] | Total Commercial [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	(1,139)	(716)	(96)
Loans [Member] | Total Consumer [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	(516)	(706)	(739)
Mortgage servicing rights [Member] | Total Commercial [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	0	0	4
Equity securities [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	57	(718)	(1,191)
All other assets [Member]
Fair Value Assets And Liabilities Measured On Nonrecurring Basis Increase (Decrease) [Line Items]
Total	$ 306	$ (122)	$ (275)

Fair Value Measurements, Valu_2

Fair Value Measurements, Valuation Techniques - Nonrecurring Basis (Details) $ in Millions	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	$ 60,644	$ 57,336
Nonrecurring [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	4,021	4,440
Nonrecurring [Member] | Fair value, inputs, level 3 [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	2,570	2,354
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Valuation technique, discounted cash flow [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities		$ 42
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, discount rate [Member] | Valuation technique, discounted cash flow [Member] | Minimum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input		0.050
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, discount rate [Member] | Valuation technique, discounted cash flow [Member] | Maximum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input		0.050
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, discount rate [Member] | Valuation technique, discounted cash flow [Member] | Weighted average [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input		0.050
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, multiples [Member] | Valuation, market comparable pricing [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	$ 1,261	$ 1,721
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, multiples [Member] | Valuation, market comparable pricing [Member] | Minimum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	0.9	0.7
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, multiples [Member] | Valuation, market comparable pricing [Member] | Maximum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	8.9	27.1
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, multiples [Member] | Valuation, market comparable pricing [Member] | Weighted average [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	2.9	8.4
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, market comparability adjustment [Member] | Valuation, market comparable pricing [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities	$ 1,309	$ 591
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, market comparability adjustment [Member] | Valuation, market comparable pricing [Member] | Minimum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	(1)	(1)
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, market comparability adjustment [Member] | Valuation, market comparable pricing [Member] | Maximum [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	0.023	(0.115)
Nonrecurring [Member] | Fair value, inputs, level 3 [Member] | Measurement input, market comparability adjustment [Member] | Valuation, market comparable pricing [Member] | Weighted average [Member]
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]
Equity securities, measurement input	(0.361)	(0.429)

Fair Value Measurements, Fair_3

Fair Value Measurements, Fair Value Option (Details) - Fair value option election [Member] - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans held for sale, aggregate unpaid principal	$ 4,864	$ 3,119
Loans held for sale, fair ​value carrying amount less aggregate unpaid principal	(151)	(227)
Interest-bearing deposits fair value disclosure	(318)	(1,297)
Interest-bearing deposits, aggregate unpaid principal	(317)	(1,298)
Interest-bearing deposits, fair value carrying amount less aggregate unpaid principal	(1)	1
Long-term debt, carried at fair value	(3,495)	(2,308)
Long-term debt, aggregate unpaid principal	(4,118)	(2,864)
Long-term debt, fair value carrying amount less aggregate unpaid principal	$ 623	$ 556

Fair Value Measurements, Gain_2

Fair Value Measurements, Gains (Losses) on Changes in Fair Value Included in Earnings (Details) - Fair value option election [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Loans held for sale [Member] | Mortgage banking noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	$ 106	$ 230	$ (681)
Loans held for sale [Member] | Net gains from trading and securities [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	35	46	6
Loans held for sale [Member] | Other noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	0	(26)	0
Interest-bearing deposits [Member] | Mortgage banking noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	0	0	0
Interest-bearing deposits [Member] | Net gains from trading and securities [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	(2)	(22)	0
Interest-bearing deposits [Member] | Other noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	0	0	0
Long-term debt [Member] | Mortgage banking noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	0	0	0
Long-term debt [Member] | Net gains from trading and securities [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	86	(81)	52
Long-term debt [Member] | Other noninterest income [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value option, changes in fair value, gain (loss)	$ 0	$ 0	$ 0

Fair Value Measurements, Fair_4

Fair Value Measurements, Fair Value Estimates for Financial Instruments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Financial assets
Cash and due from banks	$ 37,080	$ 33,026
Federal funds sold and securities purchased under resale agreements	105,330	80,456
Held-to-maturity debt securities	234,948	262,708
Loans held for sale	6,260	4,936
Financial liabilities
Deposits	1,371,804	1,358,173
Short-term borrowings	108,806	89,559
Long-term debt	173,078	207,588
Carrying value [Member]
Financial assets
Cash and due from banks	37,080	33,026
Interest-earning deposits with banks	166,281	204,193
Federal funds sold and securities purchased under resale agreements	105,330	80,456
Held-to-maturity debt securities	234,948	262,708
Loans held for sale	1,547	2,044
Loans, net	882,361	905,764
Equity securities (cost method)	3,782	5,276
Total financial assets	1,431,329	1,493,467
Financial liabilities
Deposits	139,547	190,970
Short-term borrowings	108,540	89,340
Long-term debt	169,567	205,261
Total financial liabilities	417,654	485,571
Fair Value Disclosures, Textual [Abstract]
Lease financing, net	16,200	16,200
Deposit liabilities with no defined or contractual maturity	1,200,000	1,200,000
Finance lease obligations	16	19
Estimated fair value [Member]
Financial assets
Cash and due from banks	37,080	33,026
Interest-earning deposits with banks	166,281	204,193
Federal funds sold and securities purchased under resale agreements	105,330	80,456
Held-to-maturity debt securities	193,779	227,316
Loans held for sale	1,600	2,085
Loans, net	848,227	870,485
Equity securities (cost method)	3,868	5,344
Total financial assets	1,356,165	1,422,905
Financial liabilities
Deposits	139,189	190,110
Short-term borrowings	108,547	89,340
Long-term debt	174,081	207,733
Total financial liabilities	421,817	487,183
Fair Value Disclosures, Textual [Abstract]
Loan commitments and standby, commercial and similar letters of credit	546	575
Estimated fair value [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and due from banks	37,080	33,026
Interest-earning deposits with banks	165,903	203,960
Federal funds sold and securities purchased under resale agreements	0	0
Held-to-maturity debt securities	2,015	2,288
Loans held for sale	0	0
Loans, net	0	0
Equity securities (cost method)	0	0
Total financial assets	204,998	239,274
Financial liabilities
Deposits	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Total financial liabilities	0	0
Estimated fair value [Member] | Fair value, inputs, level 2 [Member]
Financial assets
Cash and due from banks	0	0
Interest-earning deposits with banks	378	233
Federal funds sold and securities purchased under resale agreements	105,330	80,456
Held-to-maturity debt securities	188,756	222,209
Loans held for sale	1,216	848
Loans, net	3,211	52,127
Equity securities (cost method)	0	0
Total financial assets	298,891	355,873
Financial liabilities
Deposits	63,497	127,738
Short-term borrowings	108,547	89,340
Long-term debt	171,747	205,705
Total financial liabilities	343,791	422,783
Estimated fair value [Member] | Fair value, inputs, level 3 [Member]
Financial assets
Cash and due from banks	0	0
Interest-earning deposits with banks	0	0
Federal funds sold and securities purchased under resale agreements	0	0
Held-to-maturity debt securities	3,008	2,819
Loans held for sale	384	1,237
Loans, net	845,016	818,358
Equity securities (cost method)	3,868	5,344
Total financial assets	852,276	827,758
Financial liabilities
Deposits	75,692	62,372
Short-term borrowings	0	0
Long-term debt	2,334	2,028
Total financial liabilities	$ 78,026	$ 64,400

Securitizations and Variable _3

Securitizations and Variable Interest Entities, Transfers with Continuing Involvement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Excluding resecuritization [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Cash flows from other interests held	$ 311	$ 263	$ 456
Excluding resecuritization [Member] | Fair value, inputs, level 2 [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Securities recognized, trading	4,200	6,000	19,000
Excluding resecuritization [Member] | Total Consumer [Member] | Residential mortgage [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Assets sold	8,303	13,823	75,582
Proceeds from transfer	8,303	13,823	75,634
Net gains (losses) on sale	0	0	52
Excluding resecuritization [Member] | Total Consumer [Member] | Residential mortgage [Member] | Fair value, inputs, level 3 [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Servicing rights recognized	87	157	966
Excluding resecuritization [Member] | Total Consumer [Member] | Residential mortgage [Member] | Fair value, inputs, level 2 [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Securities recognized	0	0	2,062
Excluding resecuritization [Member] | Total Commercial [Member] | Commercial mortgages [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Assets sold	18,132	8,872	13,735
Proceeds from transfer	18,321	9,017	13,963
Net gains (losses) on sale	189	145	228
Excluding resecuritization [Member] | Total Commercial [Member] | Commercial mortgages [Member] | Fair value, inputs, level 3 [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Servicing rights recognized	81	73	128
Excluding resecuritization [Member] | Total Commercial [Member] | Commercial mortgages [Member] | Fair value, inputs, level 2 [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Securities recognized	167	94	189
Government insured or guaranteed [Member] | Excluding resecuritization [Member] | Total Consumer [Member] | Residential mortgage [Member]
Quantitative Information, Transferor's Continuing Involvement [Line Items]
Net gains (losses) on sale	0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Maximum exposure to loss	8,937	9,793
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt, guarantees, and other commitments [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Maximum exposure to loss	856	866
VIEs that we do not consolidate [Member] | Conforming mortgage loan securitization [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Carrying value of delinquent loans eligible for repurchase	1,500	1,000
Principal amount that would be payable to securitization vehicles	1,500	1,000
Repurchases of assets/loss reimbursements	138	293	$ 2,200
VIEs that we do not consolidate [Member] | Conforming mortgage loan securitization [Member] | Debt and other liabilities [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Liability for mortgage repurchase reserves amount, fair value	188	229
VIEs that we do not consolidate [Member] | Conforming mortgage loan securitization [Member] | Debt, guarantees, and other commitments [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Maximum exposure to loss	$ 13,700	$ 13,600

Securitizations and Variable _4

Securitizations and Variable Interest Entities, Residential MSRs - Assumptions at Securitization Date (Details) - Residential mortgage servicing rights [Member] - $ / loan	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferor's Continuing Involvement, Servicing Assets or Liabilities [Line Items]
Prepayment rate	16.50%	16.80%	12.40%
Discount rate	10%	9.70%	8%
Cost to service ($ per loan)	148	178	110

Securitizations and Variable _5

Securitizations and Variable Interest Entities, Resecuritization Activities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Variable Interest Entity [Line Items]
Trading debt securities	$ 121,205	$ 97,302
Resecuritization [Member] | VIEs that we do not consolidate [Member]
Variable Interest Entity [Line Items]
Assets, nonconsolidated VIE to which we sold assets and hold an interest	44,100	52,000
Resecuritization [Member] | VIEs that we do not consolidate [Member] | Trading debt securities [Member]
Variable Interest Entity [Line Items]
Assets sold	9,700	12,700	$ 17,000
Resecuritization [Member] | VIEs that we do not consolidate [Member] | Carrying value [Member]
Variable Interest Entity [Line Items]
Trading debt securities	819	984
Resecuritization [Member] | VIEs that we do not consolidate [Member] | Fair value, inputs, level 2 [Member] | Trading debt securities [Member]
Variable Interest Entity [Line Items]
Securities recognized	$ 544	$ 239	$ 428

Securitizations and Variable _6

Securitizations and Variable Interest Entities, Sold or Securitized Loans Serviced for Others (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Principal Balances - Off-Balance Sheet Securitized Loans [Abstract]
Total loans	$ 79,830	$ 75,543
Delinquent loans and foreclosed assets	1,807	1,393
Net charge-offs	64	133
Conforming mortgage loan securitization [Member]
Principal Balances - Off-Balance Sheet Securitized Loans [Abstract]
Total loans	528,100	592,500
Delinquent loans and foreclosed assets	2,400	3,400
Total Commercial [Member] | Commercial mortgage [Member]
Principal Balances - Off-Balance Sheet Securitized Loans [Abstract]
Total loans	72,468	67,232
Delinquent loans and foreclosed assets	1,467	1,000
Net charge-offs	54	114
Securitizations and Variable Interest Entities Textual [Abstract]
Foreclosed assets	258	163
Total Consumer [Member] | Residential mortgage [Member]
Principal Balances - Off-Balance Sheet Securitized Loans [Abstract]
Total loans	7,362	8,311
Delinquent loans and foreclosed assets	340	393
Net charge-offs	10	19
Securitizations and Variable Interest Entities Textual [Abstract]
Foreclosed assets	$ 18	$ 22

Securitizations and Variable _7

Securitizations and Variable Interest Entities, Unconsolidated VIEs (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total loans		$ 912,745	$ 936,682
Equity securities		60,644	57,336
Debt and other liabilities	[1]	(1,748,779)	(1,745,025)
Securitizations and Variable Interest Entities Textual [Abstract]
Trading debt securities		121,205	97,302
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member]
Variable Interest Entity [Line Items]
Assets, nonconsolidated VIE		171,693	162,216
Maximum exposure to loss		8,937	9,793
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Assets, nonconsolidated VIE		165,218	154,730
Maximum exposure to loss		2,719	3,070
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Assets, nonconsolidated VIE		5,289	5,588
Maximum exposure to loss		5,984	6,288
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Other [Member]
Variable Interest Entity [Line Items]
Assets, nonconsolidated VIE		1,186	1,898
Maximum exposure to loss		234	435
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		5,342	5,784
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Loans [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Loans [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		5,275	5,571
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Loans [Member] | Other [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		67	213
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt securities [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		2,203	2,471
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt securities [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		2,203	2,471
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt securities [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt securities [Member] | Other [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Equity securities [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	47
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Equity securities [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Equity securities [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	0
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Equity securities [Member] | Other [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		0	47
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | All other assets [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		536	625
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | All other assets [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		512	591
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | All other assets [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		14	17
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | All other assets [Member] | Other [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		10	17
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt, guarantees, and other commitments [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		856	866
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt, guarantees, and other commitments [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		4	8
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt, guarantees, and other commitments [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		695	700
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Debt, guarantees, and other commitments [Member] | Other [Member]
Variable Interest Entity [Line Items]
Maximum exposure to loss		157	158
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Carrying value [Member]
Variable Interest Entity [Line Items]
Total loans		5,342	5,784
Debt securities		2,203	2,471
Equity securities		0	47
All other assets		536	625
Debt and other liabilities		(4)	(8)
Net assets		8,077	8,919
Securitizations and Variable Interest Entities Textual [Abstract]
Trading debt securities		298	301
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Carrying value [Member] | Nonconforming mortgage loan securitizations [Member]
Variable Interest Entity [Line Items]
Total loans		0	0
Debt securities		2,203	2,471
Equity securities		0	0
All other assets		512	591
Debt and other liabilities		(4)	(8)
Net assets		2,711	3,054
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Carrying value [Member] | Commercial real estate loans [Member]
Variable Interest Entity [Line Items]
Total loans		5,275	5,571
Debt securities		0	0
Equity securities		0	0
All other assets		14	17
Debt and other liabilities		0	0
Net assets		5,289	5,588
VIEs that we do not consolidate [Member] | Excluding resecuritization [Member] | Carrying value [Member] | Other [Member]
Variable Interest Entity [Line Items]
Total loans		67	213
Debt securities		0	0
Equity securities		0	47
All other assets		10	17
Debt and other liabilities		0	0
Net assets		$ 77	$ 277
[1] Our consolidated liabilities at December 31, 2024 and 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $2.2 billion and $0; Accrued expenses and other liabilities, $124 million and $115 million; and Total liabilities $2.4 billion and $115 million, respectively.

Securitizations and Variable _8

Securitizations and Variable Interest Entities, Income Statement Impacts for Affordable Housing and Renewable Energy Tax Credit Investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Jan. 01, 2024
Variable Interest Entity [Line Items]
Investment Program, Proportional Amortization Method, Applied, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]	Income tax expense (benefit)	Income tax expense (benefit)	Income tax expense (benefit)
Investment Program, Proportional Amortization Method, Applied, Amortization Expense, Statement of Cash Flows [Extensible Enumeration]	2,971	1,650	1,549
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Income or Comprehensive Income [Extensible Enumeration]	Income tax expense (benefit)	Income tax expense (benefit)	Income tax expense (benefit)
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Cash Flows [Extensible Enumeration]	(3,990)	(3,176)	(2,854)
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, after Amortization, Statement of Income or Comprehensive Income [Extensible Enumeration]	Income tax expense (benefit)	Income tax expense (benefit)	Income tax expense (benefit)
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, after Amortization, Statement of Cash Flows [Extensible Enumeration]	(1,019)	(1,526)	(1,305)
Involvement With Tax Credit VIEs Textual [Abstract]
Equity securities	$ 60,644	$ 57,336
Total loans	912,745	936,682
VIEs that we do not consolidate [Member]
Variable Interest Entity [Line Items]
Income (loss) before income tax expense	(66)	(634)	$ (473)
Proportional amortization of investments	2,971	1,650	1,549
Income tax credits and other income tax benefits	(3,990)	(3,176)	(2,854)
Net expense (benefit) recognized within income tax expense	(1,019)	(1,526)	(1,305)
Net income (loss) related to affordable housing and renewable energy tax credit investments	$ 953	$ 892	$ 832
Involvement With Tax Credit VIEs Textual [Abstract]
Investment program commitment, payment period	3 years	3 years
VIEs that we do not consolidate [Member] | Accrued expenses and other liabilities [Member]
Involvement With Tax Credit VIEs Textual [Abstract]
Investment program, commitment	$ 6,400
VIEs that we do not consolidate [Member] | Long-term debt [Member]
Involvement With Tax Credit VIEs Textual [Abstract]
Investment program, commitment		$ 4,900		$ 4,900
VIEs that we do not consolidate [Member] | Tax credit structures [Member]
Involvement With Tax Credit VIEs Textual [Abstract]
Maximum exposure to loss	29,100	30,600
VIEs that we do not consolidate [Member] | Tax credit structures [Member] | Unfunded equity and loan commitment [Member]
Involvement With Tax Credit VIEs Textual [Abstract]
Maximum exposure to loss	5,500	8,700
VIEs that we do not consolidate [Member] | Carrying value [Member] | Tax credit structures [Member]
Involvement With Tax Credit VIEs Textual [Abstract]
Equity securities	21,700	19,700
Total loans	$ 1,900	$ 2,100

Securitizations and Variable _9

Securitizations and Variable Interest Entities, Transactions with Consolidated VIEs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total loans	$ 912,745	$ 936,682
Long-term debt	(173,078)	(207,588)
Accrued expenses and other liabilities	(78,756)	(71,210)
Carrying value [Member]
Variable Interest Entity [Line Items]
Long-term debt	(169,567)	(205,261)
VIEs that we consolidate [Member]
Variable Interest Entity [Line Items]
Total VIE assets	12,019	7,811
VIEs that we consolidate [Member] | Commercial and industrial loans and leases [Member]
Variable Interest Entity [Line Items]
Total VIE assets	1,737	7,579
VIEs that we consolidate [Member] | Credit card securitizations [Member]
Variable Interest Entity [Line Items]
Total VIE assets	9,803	0
Securitizations and Variable Interest Entities Textual [Abstract]
Transferor's interests in transferred financial assets, fair value	$ 6,500
VIEs that we consolidate [Member] | Credit card securitizations [Member] | Minimum [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Seller's interest percent	5%
VIEs that we consolidate [Member] | Credit card securitizations [Member] | Subordinated securities [Member]
Securitizations and Variable Interest Entities Textual [Abstract]
Transferor's interests in transferred financial assets, fair value	$ 750
VIEs that we consolidate [Member] | Other [Member]
Variable Interest Entity [Line Items]
Total VIE assets	479	232
VIEs that we consolidate [Member] | Carrying value [Member]
Variable Interest Entity [Line Items]
Total loans	11,185	4,880
All other assets	671	435
Long-term debt	(2,240)	0
Accrued expenses and other liabilities	(124)	(115)
VIEs that we consolidate [Member] | Carrying value [Member] | Commercial and industrial loans and leases [Member]
Variable Interest Entity [Line Items]
Total loans	1,570	4,880
All other assets	167	203
Long-term debt	0	0
Accrued expenses and other liabilities	(118)	(115)
VIEs that we consolidate [Member] | Carrying value [Member] | Credit card securitizations [Member]
Variable Interest Entity [Line Items]
Total loans	9,615	0
All other assets	25	0
Long-term debt	(2,240)	0
Accrued expenses and other liabilities	(5)	0
VIEs that we consolidate [Member] | Carrying value [Member] | Other [Member]
Variable Interest Entity [Line Items]
Total loans	0	0
All other assets	479	232
Long-term debt	0	0
Accrued expenses and other liabilities	$ (1)	$ 0

Guarantees - Carrying Value and

Guarantees - Carrying Value and Maximum Exposure to Loss (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Guarantor Obligations [Line Items]
Carrying value of obligation		$ 210	$ 192
Maximum exposure to loss, Expires in one year or less		56,462	30,143
Maximum exposure to loss, Expires after one year through three years		11,587	11,288
Maximum exposure to loss, Expires after three years through five years		5,739	6,679
Maximum exposure to loss, Expires after five years		6,885	7,801
Maximum exposure to loss		$ 80,673	55,911
Guarantees Obligations Textual [Abstract]
Percentage share of losses owed on loans and MHFS sold with recourse		33.33%
Maximum exposure for loss		$ 80,673	55,911
Description of guarantees given by registrant		Additionally, the Parent fully and unconditionally guarantees the payment of principal, interest, and any other amounts that may be due on securities that its 100% owned finance subsidiary, Wells Fargo Finance LLC, may issue.
Liabilities	[1]	$ 1,748,779	1,745,025
Written options [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		34,300	34,000
Guarantees Obligations Textual [Abstract]
Carrying value of obligation (asset)		88	(178)
Maximum exposure for loss		34,300	34,000
Maximum exposure to loss, Expires in three years or less		31,500	31,900
Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		19,646	19,914
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		19,646	19,914
Standby letters of credit [Member]
Guarantor Obligations [Line Items]
Carrying value of obligation		90	90
Maximum exposure to loss, Expires in one year or less		13,311	14,211
Maximum exposure to loss, Expires after one year through three years		6,951	5,209
Maximum exposure to loss, Expires after three years through five years		1,538	2,931
Maximum exposure to loss, Expires after five years		17	105
Maximum exposure to loss		21,817	22,456
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		21,817	22,456
Standby letters of credit [Member] | Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		7,198	7,711
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		7,198	7,711
Direct pay letters of credit [Member]
Guarantor Obligations [Line Items]
Carrying value of obligation		2	8
Maximum exposure to loss, Expires in one year or less		1,818	1,446
Maximum exposure to loss, Expires after one year through three years		1,051	2,268
Maximum exposure to loss, Expires after three years through five years		108	247
Maximum exposure to loss, Expires after five years		92	5
Maximum exposure to loss		3,069	3,966
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		3,069	3,966
Direct pay letters of credit [Member] | Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		766	957
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		766	957
Loans and LHFS sold with recourse [Member]
Guarantor Obligations [Line Items]
Carrying value of obligation		82	72
Maximum exposure to loss, Expires in one year or less		593	249
Maximum exposure to loss, Expires after one year through three years		3,089	2,957
Maximum exposure to loss, Expires after three years through five years		3,969	3,385
Maximum exposure to loss, Expires after five years		6,223	7,228
Maximum exposure to loss		13,874	13,819
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		13,874	13,819
Loans and LHFS sold with recourse [Member] | Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		10,660	10,612
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		10,660	10,612
Exchange and clearing house guarantees [Member]
Guarantor Obligations [Line Items]
Carrying value of obligation		0	0
Maximum exposure to loss, Expires in one year or less		38,852	13,550
Maximum exposure to loss, Expires after one year through three years		0	0
Maximum exposure to loss, Expires after three years through five years		0	0
Maximum exposure to loss, Expires after five years		0	0
Maximum exposure to loss		38,852	13,550
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		38,852	13,550
Exchange and clearing house guarantees [Member] | Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		0	0
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		0	0
Other guarantees and indemnifications [Member]
Guarantor Obligations [Line Items]
Carrying value of obligation		36	22
Maximum exposure to loss, Expires in one year or less		1,888	687
Maximum exposure to loss, Expires after one year through three years		496	854
Maximum exposure to loss, Expires after three years through five years		124	116
Maximum exposure to loss, Expires after five years		553	463
Maximum exposure to loss		3,061	2,120
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		3,061	2,120
Other guarantees and indemnifications [Member] | Non-investment grade [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		1,022	634
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		1,022	634
Debit and credit card [Member]
Guarantor Obligations [Line Items]
Maximum exposure to loss		477,300
Guarantees Obligations Textual [Abstract]
Maximum exposure for loss		477,300
Other commitments and guarantees [Member] | Wells Fargo Finance, LLC [Member]
Guarantees Obligations Textual [Abstract]
Liabilities		$ 1,300	$ 834
[1] Our consolidated liabilities at December 31, 2024 and 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $2.2 billion and $0; Accrued expenses and other liabilities, $124 million and $115 million; and Total liabilities $2.4 billion and $115 million, respectively.

Other Commitments (Details)

Other Commitments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Other Commitments [Line Items]
Resale and securities borrowing agreements, unfunded contractual commitments	$ 27,300	$ 17,500
Repurchase and securities lending agreements, unfunded contractual commitments	2,000	746
Purchase commitment [Member] | Equity securities [Member]
Other Commitments [Line Items]
Other commitment	$ 6,600	$ 9,200

Securities Financing Activiti_3

Securities Financing Activities, Offsetting - Securities Financing Activities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Resale, securities borrowing and similar arrangements [Abstract]
Gross amounts recognized	$ 159,538	$ 108,785
Gross amounts offset in consolidated balance sheet	(54,208)	(28,402)
Net amounts in consolidated balance sheet	105,330	80,383
Collateral not recognized in consolidated balance sheet	(104,313)	(79,473)
Net amount	1,017	910
Repurchase, Securities Lending and Similar Arrangements [Abstract]
Gross amounts recognized	149,427	106,060
Gross amounts offset in consolidated balance sheet	(54,208)	(28,402)
Net amounts in consolidated balance sheet	95,219	77,658
Collateral pledged but not netted in consolidated balance sheet	(95,170)	(77,529)
Net amount	49	129
Loans [Member]
Resale, securities borrowing and similar arrangements [Abstract]
Net amounts in consolidated balance sheet	$ 21,800	$ 20,500

Securities Financing Activiti_4

Securities Financing Activities, Gross Obligations by Underlying Collateral Type (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	$ 142,180	$ 100,506
Securities lending arrangements	7,247	5,554
Total repurchases and securities lending	149,427	106,060
Securities of U.S. Treasury and federal agencies [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	70,362	38,742
Securities lending arrangements	214	251
Securities of U.S. states and political subdivisions [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	648	579
Federal agency mortgage-backed securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	54,107	48,019
Non-agency mortgage-backed securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	2,397	1,889
Corporate debt securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	10,008	7,925
Securities lending arrangements	1,925	293
Asset-backed securities index [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	2,334	2,176
Equity securities [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	1,584	635
Securities lending arrangements	5,101	4,965
Other [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	740	541
Securities lending arrangements	$ 7	$ 45

Securities Financing Activiti_5

Securities Financing Activities, Contractual Maturities of Gross Obligations (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	$ 142,180	$ 100,506
Securities lending agreements	7,247	5,554
Overnight/Continuous [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	79,560	54,810
Securities lending agreements	4,096	4,903
Up to 30 days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	40,318	13,704
Securities lending agreements	0	0
30-90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	8,909	23,264
Securities lending agreements	300	200
Over 90 days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements	13,393	8,728
Securities lending agreements	$ 2,851	$ 451

Pledged Assets and Collateral,

Pledged Assets and Collateral, Pledged Assets (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Security Owned and Pledged as Collateral, [Abstract]
Trading debt securities		$ 121,205	$ 97,302
Available-for-sale debt securities		162,978	130,448
Held-to-maturity debt securities		234,948	262,708
Total loans		912,745	936,682
Equity securities		60,644	57,336
Assets	[1]	1,929,845	1,932,468
Asset pledged as collateral [Member]
Security Owned and Pledged as Collateral, [Abstract]
Assets		904,134	832,045
Pledged to counterparties that had the right to sell or repledge [Member]
Security Owned and Pledged as Collateral, [Abstract]
Trading debt securities		86,142	62,537
Available-for-sale debt securities		3,078	5,055
Equity securities		9,774	2,683
All other assets		461	495
Assets		99,455	70,770
Pledged to counterparties that did not have the right to sell or repledge [Member]
Security Owned and Pledged as Collateral, [Abstract]
Trading debt securities		5,121	2,757
Available-for-sale debt securities		97,025	64,511
Held-to-maturity debt securities		213,829	246,218
Total loans		485,701	445,092
Equity securities		2,150	1,502
All other assets		853	1,195
Assets		$ 804,679	$ 761,275
[1] Our consolidated assets at December 31 2024 and 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $11.2 billion and $4.9 billion; all other assets, $671 million and $435 million; and Total assets, $11.9 billion and $5.3 billion, respectively.

Pledged Assets and Collateral_2

Pledged Assets and Collateral, Collateral Accepted (Details) - USD ($) $ in Billions	Dec. 31, 2024	Dec. 31, 2023
Financial Instruments Pledged as Collateral [Abstract]
Fair value of securities received as collateral that can be resold or repledged	$ 288.7	$ 216.6
Fair value of securities received as collateral that have been resold or repledged	$ 142.2	$ 103.3

Operating Segments (Details)

Operating Segments (Details) $ in Millions		12 Months Ended
		Dec. 31, 2024 USD ($) segement	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reportable operating segments | segement		4
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		$ 47,676	$ 52,375	$ 44,950
Noninterest income		34,620	30,222	29,418
Total revenue		82,296	82,597	74,368
Provision for credit losses		4,334	5,399	1,534
Personnel		35,729	35,829	34,340
Nonpersonnel expense		18,869	19,733	22,865
Noninterest expense		54,598	55,562	57,205
Income (loss) before income tax expense		23,364	21,636	15,629
Income tax expense (benefit)		3,399	2,607	2,251
Net income (loss) before noncontrolling interests		19,965	19,029	13,378
Less: Net income (loss) from noncontrolling interests		243	(113)	(299)
Wells Fargo net income (loss)		19,722	19,142	13,677
Loans (average)		915,376	943,916
Assets (average)		1,916,697	1,885,475
Deposits (average)		1,345,915	1,346,282
Loans (period-end)		912,745	936,682
Assets	[1]	1,929,845	1,932,468
Deposits (period-end)		1,371,804	1,358,173
Corporate [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		(791)	(888)	(1,607)
Noninterest income		1,129	431	1,192
Total revenue		338	(457)	(415)
Provision for credit losses		(16)	12	2
Personnel		1,284	1,181	729
Nonpersonnel expense		1,937	3,120	4,968
Noninterest expense		3,221	4,301	5,697
Income (loss) before income tax expense		(2,867)	(4,770)	(6,114)
Income tax expense (benefit)		(1,884)	(2,355)	(1,721)
Net income (loss) before noncontrolling interests		(983)	(2,415)	(4,393)
Less: Net income (loss) from noncontrolling interests		233	(124)	(311)
Wells Fargo net income (loss)		(1,216)	(2,291)	(4,082)
Loans (average)		7,112	9,164
Assets (average)		652,024	619,002
Deposits (average)		98,845	95,825
Loans (period-end)		4,977	9,054
Assets		633,799	674,075
Deposits (period-end)		59,708	124,294
Reconciling Items [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		(340)	(420)	(436)
Noninterest income		(1,461)	(1,776)	(1,575)
Total revenue		(1,801)	(2,196)	(2,011)
Provision for credit losses		0	0	0
Personnel		0	0	0
Nonpersonnel expense		0	0	0
Noninterest expense		0	0	0
Income (loss) before income tax expense		(1,801)	(2,196)	(2,011)
Income tax expense (benefit)		(1,801)	(2,196)	(2,011)
Net income (loss) before noncontrolling interests		0	0	0
Less: Net income (loss) from noncontrolling interests		0	0	0
Wells Fargo net income (loss)		0	0	0
Loans (average)		0	0
Assets (average)		0	0
Deposits (average)		0	0
Loans (period-end)		0	0
Assets		0	0
Deposits (period-end)		0	0
Consumer Banking and Lending [Member] | Operating Segments [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		28,303	30,185	27,044
Noninterest income		7,898	7,734	8,766
Total revenue		36,201	37,919	35,810
Provision for credit losses		3,561	3,299	2,276
Personnel		13,864	14,626	15,052
Nonpersonnel expense		9,410	9,398	11,225
Noninterest expense		23,274	24,024	26,277
Income (loss) before income tax expense		9,366	10,596	7,257
Income tax expense (benefit)		2,357	2,657	1,816
Net income (loss) before noncontrolling interests		7,009	7,939	5,441
Less: Net income (loss) from noncontrolling interests		0	0	0
Wells Fargo net income (loss)		7,009	7,939	5,441
Loans (average)		325,163	335,920
Assets (average)		360,907	377,434
Deposits (average)		774,660	811,091
Loans (period-end)		321,430	332,867
Assets		361,663	375,484
Deposits (period-end)		783,490	782,309
Consumer Banking and Lending [Member] | Operating Segments [Member] | Maximum [Member] | Customer concentration risk [Member] | Revenue benchmark [Member]
Segment Reporting Information [Line Items]
Revenue		10
Commercial Banking [Member] | Operating Segments [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		9,096	10,034	7,289
Noninterest income		3,682	3,415	3,631
Total revenue		12,778	13,449	10,920
Provision for credit losses		290	75	(534)
Personnel		4,090	4,366	3,972
Nonpersonnel expense		2,100	2,189	2,086
Noninterest expense		6,190	6,555	6,058
Income (loss) before income tax expense		6,298	6,819	5,396
Income tax expense (benefit)		1,599	1,704	1,366
Net income (loss) before noncontrolling interests		4,699	5,115	4,030
Less: Net income (loss) from noncontrolling interests		10	11	12
Wells Fargo net income (loss)		4,689	5,104	4,018
Loans (average)		223,057	224,102
Assets (average)		245,707	245,520
Deposits (average)		172,129	165,235
Loans (period-end)		223,318	224,774
Assets		246,569	245,568
Deposits (period-end)		188,650	162,526
Corporate and Investment Banking [Member] | Operating Segments [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		7,935	9,498	8,733
Noninterest income		11,409	9,693	6,509
Total revenue		19,344	19,191	15,242
Provision for credit losses		521	2,007	(185)
Personnel		6,067	5,910	5,225
Nonpersonnel expense		2,962	2,708	2,335
Noninterest expense		9,029	8,618	7,560
Income (loss) before income tax expense		9,794	8,566	7,867
Income tax expense (benefit)		2,456	2,140	1,989
Net income (loss) before noncontrolling interests		7,338	6,426	5,878
Less: Net income (loss) from noncontrolling interests		0	0	0
Wells Fargo net income (loss)		7,338	6,426	5,878
Loans (average)		277,039	291,975
Assets (average)		568,035	553,722
Deposits (average)		192,592	162,062
Loans (period-end)		278,680	287,432
Assets		597,278	547,203
Deposits (period-end)		212,948	185,142
Wealth and Investment Management [Member] | Operating Segments [Member]
Financial Information of Operating Segment [Abstract]
Net interest income (expense)		3,473	3,966	3,927
Noninterest income		11,963	10,725	10,895
Total revenue		15,436	14,691	14,822
Provision for credit losses		(22)	6	(25)
Personnel		10,424	9,746	9,362
Nonpersonnel expense		2,460	2,318	2,251
Noninterest expense		12,884	12,064	11,613
Income (loss) before income tax expense		2,574	2,621	3,234
Income tax expense (benefit)		672	657	812
Net income (loss) before noncontrolling interests		1,902	1,964	2,422
Less: Net income (loss) from noncontrolling interests		0	0	0
Wells Fargo net income (loss)		1,902	1,964	$ 2,422
Loans (average)		83,005	82,755
Assets (average)		90,024	89,797
Deposits (average)		107,689	112,069
Loans (period-end)		84,340	82,555
Assets		90,536	90,138
Deposits (period-end)		$ 127,008	$ 103,902
[1] Our consolidated assets at December 31 2024 and 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $11.2 billion and $4.9 billion; all other assets, $671 million and $435 million; and Total assets, $11.9 billion and $5.3 billion, respectively.

Revenue and Expenses, Revenue b

Revenue and Expenses, Revenue by Operating Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	$ 47,676	$ 52,375	$ 44,950
Lending-related fees	1,500	1,446	1,397
Other card fees	509	427	477
Total card fees	4,342	4,256	4,355
Mortgage banking	1,047	829	1,383
Net gains (losses) from trading activities	5,284	4,799	2,116
Net gains from debt securities	(920)	10	151
Net gains (losses) from equity securities	1,070	(441)	(806)
Lease income	1,231	1,237	1,269
Other	1,090	698	1,552
Total noninterest income	34,620	30,222	29,418
Total revenue	82,296	82,597	74,368
Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	5,015	4,694	5,316
Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	9,775	8,670	9,004
Trailing commissions [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	943	904	989
Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2,521	2,375	2,242
Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2,665	1,649	1,439
Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	3,833	3,829	3,878
Credit card rewards and rebates [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Other cost of revenue	2,700	2,600	2,200
Corporate [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	(791)	(888)	(1,607)
Lending-related fees	0	0	0
Other card fees	0	0	0
Total card fees	2	2	0
Mortgage banking	0	0	(1)
Net gains (losses) from trading activities	40	94	178
Net gains from debt securities	(920)	(15)	146
Net gains (losses) from equity securities	1,017	(377)	(858)
Lease income	577	536	544
Other	499	339	1,285
Total noninterest income	1,129	431	1,192
Total revenue	338	(457)	(415)
Corporate [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	4	(4)	0
Corporate [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	8
Corporate [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Corporate [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	(90)	(144)	(110)
Corporate [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2	2	0
Reconciling Items [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	(340)	(420)	(436)
Lending-related fees	0	0	0
Other card fees	0	0	0
Total card fees	0	0	0
Mortgage banking	0	0	0
Net gains (losses) from trading activities	0	0	0
Net gains from debt securities	0	0	0
Net gains (losses) from equity securities	0	0	0
Lease income	0	0	0
Other	(1,461)	(1,776)	(1,575)
Total noninterest income	(1,461)	(1,776)	(1,575)
Total revenue	(1,801)	(2,196)	(2,011)
Reconciling Items [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Reconciling Items [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Reconciling Items [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Reconciling Items [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Reconciling Items [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Consumer Banking and Lending [Member] | Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	28,303	30,185	27,044
Lending-related fees	92	117	129
Other card fees	509	427	477
Total card fees	4,076	3,967	4,067
Mortgage banking	650	512	1,100
Net gains (losses) from trading activities	0	0	0
Net gains from debt securities	0	0	0
Net gains (losses) from equity securities	(2)	0	(5)
Lease income	0	0	0
Other	352	442	385
Total noninterest income	7,898	7,734	8,766
Total revenue	36,201	37,919	35,810
Consumer Banking and Lending [Member] | Operating Segments [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2,734	2,702	3,093
Consumer Banking and Lending [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Consumer Banking and Lending [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Consumer Banking and Lending [Member] | Operating Segments [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	(4)	(6)	(3)
Consumer Banking and Lending [Member] | Operating Segments [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	3,567	3,540	3,590
Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	9,096	10,034	7,289
Lending-related fees	555	531	491
Other card fees	0	0	0
Total card fees	205	223	224
Mortgage banking	0	0	0
Net gains (losses) from trading activities	(2)	(10)	(6)
Net gains from debt securities	0	25	5
Net gains (losses) from equity securities	21	(58)	64
Lease income	532	644	710
Other	1,023	927	910
Total noninterest income	3,682	3,415	3,631
Total revenue	12,778	13,449	10,920
Commercial Banking [Member] | Operating Segments [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	1,180	998	1,131
Commercial Banking [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	84	74	42
Commercial Banking [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Commercial Banking [Member] | Operating Segments [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	84	61	60
Commercial Banking [Member] | Operating Segments [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	205	223	224
Corporate and Investment Banking [Member] | Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	7,935	9,498	8,733
Lending-related fees	842	790	769
Other card fees	0	0	0
Total card fees	55	60	60
Mortgage banking	410	329	296
Net gains (losses) from trading activities	5,091	4,553	1,886
Net gains from debt securities	0	0	0
Net gains (losses) from equity securities	19	(4)	(5)
Lease income	122	57	15
Other	597	727	510
Total noninterest income	11,409	9,693	6,509
Total revenue	19,344	19,191	15,242
Corporate and Investment Banking [Member] | Operating Segments [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	1,073	976	1,068
Corporate and Investment Banking [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	157	150	107
Corporate and Investment Banking [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	368	317	311
Corporate and Investment Banking [Member] | Operating Segments [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2,675	1,738	1,492
Corporate and Investment Banking [Member] | Operating Segments [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	55	60	60
Wealth and Investment Management [Member] | Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net interest income (expense)	3,473	3,966	3,927
Lending-related fees	11	8	8
Other card fees	0	0	0
Total card fees	4	4	4
Mortgage banking	(13)	(12)	(12)
Net gains (losses) from trading activities	155	162	58
Net gains from debt securities	0	0	0
Net gains (losses) from equity securities	15	(2)	(2)
Lease income	0	0	0
Other	80	39	37
Total noninterest income	11,963	10,725	10,895
Total revenue	15,436	14,691	14,822
Wealth and Investment Management [Member] | Operating Segments [Member] | Deposit-related fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	24	22	24
Wealth and Investment Management [Member] | Operating Segments [Member] | Investment advisory and other asset-based fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	9,534	8,446	8,847
Wealth and Investment Management [Member] | Operating Segments [Member] | Commissions and brokerage services fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	2,153	2,058	1,931
Wealth and Investment Management [Member] | Operating Segments [Member] | Investment banking fees [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	0	0	0
Wealth and Investment Management [Member] | Operating Segments [Member] | Card interchange and network revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Fee income	$ 4	$ 4	$ 4

Revenue and Expenses, Operating

Revenue and Expenses, Operating Losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Expenses [Line Items]
Operating losses	$ 1,757	$ 1,183	$ 6,984
Severance expense	666	1,500	397
Legal actions [Member]
Schedule of Expenses [Line Items]
Operating losses	290	179	3,308
Customer remediation [Member]
Schedule of Expenses [Line Items]
Operating losses	722	207	2,691
Other operating loss [Member]
Schedule of Expenses [Line Items]
Operating losses	$ 745	$ 797	$ 985

Revenue and Expenses, Other Exp

Revenue and Expenses, Other Expenses (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Expenses [Line Items]
Other noninterest expense		$ 4,001	$ 5,849	$ 3,932
FDIC proposed special assessment, pre-tax	$ 1,900	243
Regulatory charges and assessments expense, including FDIC assessment expense [Member]
Schedule of Expenses [Line Items]
Other noninterest expense		$ 1,400	$ 3,100	$ 860

Employee Benefits, Changes in B

Employee Benefits, Changes in Benefit Obligation and Fair Value of Plan Assets (Details) - USD ($) $ in Millions	12 Months Ended			186 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2024
Cash balance plan [Member]
Employee Benefits and Other Expenses Textual [Abstract]
New benefits accrued				$ 0
Pension benefits qualified [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	$ 8,126	$ 8,141
Service cost	29	25	$ 19
Interest cost	387	403	348
Plan participants’ contributions	0	0
Actuarial loss (gain)	(379)	191
Benefits paid	(679)	(634)
Settlements, Curtailments, and Amendments	(3)	0
Foreign exchange impact	(5)	0
Benefit obligation at end of period	7,476	8,126	8,141	7,476
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	8,634	8,600
Actual return on plan assets	167	653
Employer contribution	16	15
Plan participants’ contributions	0	0
Benefits paid	(679)	(634)
Foreign exchange impact	(2)	0
Fair value of plan assets at end of period	8,136	8,634	8,600	8,136
Funded status at end of period	660	508		660
Amounts recognized on the consolidated balance sheet at end of period, Assets	751	585		751
Amounts recognized on the consolidated balance sheet at end of period, Liabilities	(91)	(77)		(91)
Employee Benefits and Other Expenses Textual [Abstract]
Settlement loss	0	0	226
Pension benefits qualified [Member] | Cash balance plan [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Employer contribution	0
Employee Benefits and Other Expenses Textual [Abstract]
Settlement loss	0	0
Pension benefits nonqualified [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	375	391
Service cost	0	0	0
Interest cost	17	18	12
Plan participants’ contributions	0	0
Actuarial loss (gain)	(27)	8
Benefits paid	(40)	(42)
Settlements, Curtailments, and Amendments	0	0
Foreign exchange impact	0	0
Benefit obligation at end of period	325	375	391	325
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	0	0
Actual return on plan assets	0	0
Employer contribution	40	42
Plan participants’ contributions	0	0
Benefits paid	(40)	(42)
Foreign exchange impact	0	0
Fair value of plan assets at end of period	0	0	0	0
Funded status at end of period	(325)	(375)		(325)
Amounts recognized on the consolidated balance sheet at end of period, Assets	0	0		0
Amounts recognized on the consolidated balance sheet at end of period, Liabilities	(325)	(375)		(325)
Employee Benefits and Other Expenses Textual [Abstract]
Settlement loss	0	0	1
Other benefits [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	287	309
Service cost	0	0	0
Interest cost	13	15	9
Plan participants’ contributions	33	37
Actuarial loss (gain)	(1)	(8)
Benefits paid	(66)	(66)
Settlements, Curtailments, and Amendments	4	0
Foreign exchange impact	(1)	0
Benefit obligation at end of period	269	287	309	269
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	497	476
Actual return on plan assets	26	44
Employer contribution	6	6
Plan participants’ contributions	33	37
Benefits paid	(66)	(66)
Foreign exchange impact	0	0
Fair value of plan assets at end of period	496	497	476	496
Funded status at end of period	227	210		227
Amounts recognized on the consolidated balance sheet at end of period, Assets	240	224		240
Amounts recognized on the consolidated balance sheet at end of period, Liabilities	(13)	(14)		$ (13)
Employee Benefits and Other Expenses Textual [Abstract]
Settlement loss	$ 0	$ 0	$ 0

Employee Benefits, Plans With B

Employee Benefits, Plans With Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Pension benefits [Member]
Pension Plans Information with Benefit Obligations in Excess of Plan Assets [Abstract]
Projected benefit obligation	$ 473	$ 549
Accumulated benefit obligation	424	511
Fair value of plan assets	56	97
Other benefits [Member]
Pension Plans Information with Benefit Obligations in Excess of Plan Assets [Abstract]
Accumulated benefit obligation	13	14
Fair value of plan assets	$ 0	$ 0

Employee Benefits, Net Periodic

Employee Benefits, Net Periodic Benefit Cost and Other Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial loss (gain)	$ (99)	$ 22	$ 141
Amortization of net actuarial gain (loss)	(109)	(109)	(343)
Total recognized in other comprehensive income	(208)	(87)	(202)
Pension benefits qualified [Member]
Components of net periodic benefit cost [Abstract]
Service cost	29	25	19
Interest cost	387	403	348
Expected return on plan assets	(472)	(503)	(511)
Amortization of net actuarial loss (gain)	138	139	136
Amortization of prior service cost (credit)	0	0	1
Settlement loss	0	0	226
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	(3)	0	0
Net periodic benefit cost	79	64	219
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial loss (gain)	(74)	41	253
Amortization of net actuarial gain (loss)	(138)	(139)	(136)
Prior service cost	0	0	0
Amortization of prior service credit (cost)	0	0	(1)
Settlement (loss)	0	0	(226)
Total recognized in other comprehensive income	(212)	(98)	(110)
Total recognized in net periodic benefit cost and other comprehensive income	(133)	(34)	109
Pension benefits nonqualified [Member]
Components of net periodic benefit cost [Abstract]
Service cost	0	0	0
Interest cost	17	18	12
Expected return on plan assets	0	0	0
Amortization of net actuarial loss (gain)	5	5	11
Amortization of prior service cost (credit)	0	0	0
Settlement loss	0	0	1
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	0	0
Net periodic benefit cost	22	23	24
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial loss (gain)	(27)	8	(76)
Amortization of net actuarial gain (loss)	(5)	(5)	(11)
Prior service cost	0	0	0
Amortization of prior service credit (cost)	0	0	0
Settlement (loss)	0	0	(1)
Total recognized in other comprehensive income	(32)	3	(88)
Total recognized in net periodic benefit cost and other comprehensive income	(10)	26	(64)
Other benefits [Member]
Components of net periodic benefit cost [Abstract]
Service cost	0	0	0
Interest cost	13	15	9
Expected return on plan assets	(25)	(25)	(22)
Amortization of net actuarial loss (gain)	(24)	(25)	(22)
Amortization of prior service cost (credit)	(10)	(10)	(10)
Settlement loss	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	0	0
Net periodic benefit cost	(46)	(45)	(45)
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial loss (gain)	(2)	(27)	(36)
Amortization of net actuarial gain (loss)	24	25	22
Prior service cost	4	0	0
Amortization of prior service credit (cost)	10	10	10
Settlement (loss)	0	0	0
Total recognized in other comprehensive income	36	8	(4)
Total recognized in net periodic benefit cost and other comprehensive income	$ (10)	$ (37)	$ (49)

Employee Benefits, Benefits Rec

Employee Benefits, Benefits Recognized in Accumulated OCI and Weighted-Average Assumptions Used to Estimate Projected Benefit Obligation and to Determine Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assumed Health Care Cost Trend Rates Textuals [Abstract]
Health care cost trend rate assumed for next fiscal year, projected benefit obligation	14.50%
Ultimate health care cost trend rate, projected benefit obligation	4.50%
Year that rate reaches ultimate health care cost trend rate, projected benefit obligation	2034
Defined benefit plan health care cost initial annual tend rate assumed for current fiscal year periodic benefit cost	16.50%
Ultimate health care cost trend rate, periodic benefit cost	4.50%
Year that rate reaches ultimate health care cost trend rate, periodic benefit cost	2033
Minimum [Member]
Assumed Health Care Cost Trend Rates Textuals [Abstract]
Decrease in assumed health care cost trend, rate, projected benefit obligation	1%
Decrease in assumed health care cost trend, rate, periodic benefit cost	0.30%
Maximum [Member]
Assumed Health Care Cost Trend Rates Textuals [Abstract]
Decrease in assumed health care cost trend, rate, projected benefit obligation	1.25%
Decrease in assumed health care cost trend, rate, periodic benefit cost	3.20%
Equity securities [Member] | Cash balance plan [Member] | Minimum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	10%
Equity securities [Member] | Cash balance plan [Member] | Maximum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	20%
Equity securities [Member] | 401(h) trust [Member] | Minimum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	50%
Equity securities [Member] | 401(h) trust [Member] | Maximum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	60%
Fixed Income Funds [Member] | Cash balance plan [Member] | Minimum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	75%
Fixed Income Funds [Member] | Cash balance plan [Member] | Maximum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	85%
Fixed Income Funds [Member] | 401(h) trust [Member] | Minimum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	40%
Fixed Income Funds [Member] | 401(h) trust [Member] | Maximum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	50%
Real estate, venture capital, private equity and other investments [Member] | Cash balance plan [Member] | Minimum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	0%
Real estate, venture capital, private equity and other investments [Member] | Cash balance plan [Member] | Maximum [Member]
Investment Strategy and Asset Allocation Textuals [Abstract]
Target asset allocation	10%
Pension benefits qualified [Member]
Benefits Recognized in Accumulated Other Comprehensive Income [Abstract]
Net actuarial loss (gain)	$ 2,630	$ 2,842
Net prior service credit	0	0
Total	$ 2,630	$ 2,842
Defined Benefit Plan, Weighted Average Assumptions Used to Estimate Projected Benefit Obligation [Abstract]
Discount rate	5.62%	4.99%
Interest credit rate	4.55%	3.91%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost [Abstract]
Discount rate	4.93%	5.12%	3.93%
Interest crediting rate	3.91%	4.10%	3.37%
Expected return on plan assets	5.71%	6.09%	5.35%
Pension benefits nonqualified [Member]
Benefits Recognized in Accumulated Other Comprehensive Income [Abstract]
Net actuarial loss (gain)	$ 42	$ 74
Net prior service credit	0	0
Total	$ 42	$ 74
Defined Benefit Plan, Weighted Average Assumptions Used to Estimate Projected Benefit Obligation [Abstract]
Discount rate	5.48%	4.87%
Interest credit rate	4.07%	3.39%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost [Abstract]
Discount rate	4.85%	5.04%	2.34%
Interest crediting rate	3.39%	3.58%	1.51%
Other benefits [Member]
Benefits Recognized in Accumulated Other Comprehensive Income [Abstract]
Net actuarial loss (gain)	$ (384)	$ (406)
Net prior service credit	(92)	(106)
Total	$ (476)	$ (512)
Defined Benefit Plan, Weighted Average Assumptions Used to Estimate Projected Benefit Obligation [Abstract]
Discount rate	5.49%	4.90%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost [Abstract]
Discount rate	4.86%	5.06%	2.11%
Expected return on plan assets	5.16%	5.34%	4%

Employee Benefits, Projected Be

Employee Benefits, Projected Benefits Payments (Details) $ in Millions	Dec. 31, 2024 USD ($)
Pension benefits qualified [Member]
Future Benefit Payments:
2025	$ 714
2026	670
2027	648
2028	631
2029	627
2030-2034	2,915
Pension benefits nonqualified [Member]
Future Benefit Payments:
2025	38
2026	37
2027	36
2028	33
2029	32
2030-2034	133
Other benefits [Member]
Future Benefit Payments:
2025	34
2026	29
2027	28
2028	26
2029	25
2030-2034	$ 105

Employee Benefits, Pension and

Employee Benefits, Pension and Other Benefit Plan Assets (Details) - Pension Plan and Other Postretirement Benefits Plan [Member] - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	$ 8,335	$ 8,636
Total plan assets	8,632	9,131
Net receivables	51	231
Debt securities [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	6,142	6,439
Equity securities and mutual funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	983	922
Collective investment funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	1,062	1,110
Other [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	148	165
Level 1 [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	2,566	2,432
Level 1 [Member] | Debt securities [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	1,581	1,507
Level 1 [Member] | Equity securities and mutual funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	983	922
Level 1 [Member] | Collective investment funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	0	0
Level 1 [Member] | Other [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	2	3
Level 2 [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	5,735	6,170
Level 2 [Member] | Debt securities [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	4,561	4,932
Level 2 [Member] | Equity securities and mutual funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	0	0
Level 2 [Member] | Collective investment funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	1,062	1,110
Level 2 [Member] | Other [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	112	128
Level 3 [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	34	34
Level 3 [Member] | Debt securities [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	0	0
Level 3 [Member] | Equity securities and mutual funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	0	0
Level 3 [Member] | Collective investment funds [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	0	0
Level 3 [Member] | Other [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Plan investments - excluding investments at NAV	34	34
Investments at NAV [Member]
Balances of pension plan and other benefit plan assets measured at fair value [Abstract]
Total plan assets	$ 246	$ 264

Employee Benefits, Defined Cont

Employee Benefits, Defined Contribution Retirement Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Defined Contribution Plan [Abstract]
Defined contribution retirement plan expense	$ 1,000	$ 1,000	$ 1,000
Common stock [Member]
Defined Contribution Plan [Abstract]
ESOP, deferred shares, fair value			$ 427
Unreleased Shares [Member] | Common stock [Member]
Defined Contribution Plan [Abstract]
ESOP, number of unreleased shares outstanding			10,000,000
Wells Fargo And Company 401(k) Plan [Member] | United States [Member]
Defined Contribution Plan [Abstract]
Percentage of employee contribution	50%
Base contribution, vesting percentage	100%
Matching contribution, vesting after three years, vesting percentage	100%
Base contribution, vesting period	3 years
Matching contribution, vesting period	3 years
Wells Fargo And Company 401(k) Plan [Member] | United States [Member] | Maximum [Member]
Defined Contribution Plan [Abstract]
Percentage of employer match (up to 6%)	6%
Wells Fargo And Company 401(k) Plan [Member] | United States [Member] | Employees With Annual Compensation Of Less Than $75,000 [Member]
Defined Contribution Plan [Abstract]
Percentage of non-discretionary base contribution (up to 1%)	1%

Income Taxes, Income Tax Expens

Income Taxes, Income Tax Expense (Benefit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current:
U.S. Federal	$ 3,697	$ 2,883	$ 888
U.S. State and local	268	(453)	(45)
Non-U.S.	345	227	169
Total current	4,310	2,657	1,012
Deferred:
U.S. Federal	(737)	(662)	767
U.S. State and local	(131)	586	481
Non-U.S.	(43)	26	(9)
Total deferred	(911)	(50)	1,239
Income tax expense (benefit)	$ 3,399	$ 2,607	$ 2,251

Income Taxes, Effective Income

Income Taxes, Effective Income Tax Expense (Benefit) and Rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income tax expense	$ 4,855	$ 4,567	$ 3,345
Statutory federal income tax expense, rate	21%	21%	21%
Change in tax rate resulting from:
State and local taxes on income, net of federal income tax benefit	$ 549	$ 855	$ 581
State and local taxes on income, net of federal income tax benefit, rate	2.40%	3.90%	3.70%
Tax-exempt interest	$ (294)	$ (308)	$ (321)
Tax-exempt interest, rate	(1.30%)	(1.40%)	(2.00%)
Tax credits, net of amortization	$ (964)	$ (1,546)	$ (1,264)
Tax credits, net of amortization, rate	(4.20%)	(7.10%)	(8.00%)
Nondeductible expenses	$ 239	$ 214	$ 560
Nondeductible expenses, rate	1%	1%	3.50%
Changes in prior year unrecognized tax benefits, inclusive of interest	$ (819)	$ (1,009)	$ (503)
Changes in prior year unrecognized tax benefits, inclusive of interest, rate	(3.50%)	(4.60%)	(3.20%)
Other	$ (167)	$ (166)	$ (147)
Other, rate	(0.70%)	(0.80%)	(0.90%)
Income tax expense (benefit)	$ 3,399	$ 2,607	$ 2,251
Effective income tax expense (benefit), rate	14.70%	12%	14.10%

Income Taxes, Net Deferred Taxe

Income Taxes, Net Deferred Taxes (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred Tax Assets
Net operating loss and tax credit carryforwards	$ 4,721
Deferred tax assets valuation allowance	(162)
Accrued expenses and other liabilities [Member]
Deferred Tax Assets
Net operating loss and tax credit carryforwards		$ 4,369
Allowance for credit losses		3,648
Deferred compensation and employee benefits		3,201
Net unrealized losses on debt securities		2,784
Capitalized research expenses		1,389
Accrued expenses		1,416
Lease liabilities		1,011
Basis difference in investments		0
Other		962
Total deferred tax assets		18,780
Deferred tax assets valuation allowance		(222)
Deferred tax liabilities
Mark to market, net		(12,571)
Leasing and fixed assets		(2,794)
Mortgage servicing rights		(1,552)
Right of use assets		(818)
Intangible assets		(874)
Basis difference in investments		(60)
Other		(520)
Total deferred tax liabilities		(19,189)
Net deferred tax liability		$ (631)
All other assets [Member]
Deferred Tax Assets
Net operating loss and tax credit carryforwards	4,721
Allowance for credit losses	3,580
Deferred compensation and employee benefits	3,194
Net unrealized losses on debt securities	2,881
Capitalized research expenses	1,653
Accrued expenses	1,187
Lease liabilities	1,104
Basis difference in investments	720
Other	1,070
Total deferred tax assets	20,110
Deferred tax assets valuation allowance	(162)
Deferred tax liabilities
Mark to market, net	(12,235)
Leasing and fixed assets	(2,818)
Mortgage servicing rights	(1,264)
Right of use assets	(930)
Intangible assets	(899)
Basis difference in investments	0
Other	(683)
Total deferred tax liabilities	(18,829)
Net deferred tax assets	$ 1,119

Income Taxes, Deferred Tax Asse

Income Taxes, Deferred Tax Assets Related To Net Operating Loss and Tax Credit Carryforwards (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Operating Loss and Tax Credit Carryforwards [Line Items]
Operating loss and tax credit carryforwards, expiration date	Dec. 31, 2044
Net operating loss and tax credit carryforwards	$ 4,721
Undistributed earnings of foreign subsidiaries	0
U.S. Federal [Member]
Operating Loss and Tax Credit Carryforwards [Line Items]
Tax credit carryforwards	4,415
U.S. State [Member]
Operating Loss and Tax Credit Carryforwards [Line Items]
Net operating loss and tax credit carryforwards	237
Non-U.S. [Member]
Operating Loss and Tax Credit Carryforwards [Line Items]
Net operating loss and tax credit carryforwards	$ 69

Income Taxes, Change in Unrecog

Income Taxes, Change in Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of period	$ 4,114	$ 5,437
Additions:
For tax positions related to the current year	292	246
For tax positions related to prior years	140	352
Reductions:
For tax positions related to prior years	(1,354)	(765)
Lapse of statute of limitations	(44)	(389)
Settlements with tax authorities	(43)	(767)
Balance, end of period	3,105	4,114
Unrecognized tax benefits	3,105	4,114
Unrecognized tax benefits that would impact effective tax rate	2,000
Unrecognized tax benefits related to income tax positions on temporary differences	1,100
Accrued interest and penalties	(53)	(29)
Recognized interest and penalties benefit, net of tax	$ (199)	$ (325)

Income Taxes, Tax Examination S

Income Taxes, Tax Examination Status (Details) $ in Billions	12 Months Ended
	Dec. 31, 2024 USD ($)
United States [Member] | Administration Appeals [Member]
Income Tax Examination [Line Items]
Income tax examination, year under examination	2015 2016
United States [Member] | Field Examination [Member]
Income Tax Examination [Line Items]
Income tax examination, year under examination	2017 2018 2019 2020 2021 2022
California [Member] | Field Examination [Member]
Income Tax Examination [Line Items]
Income tax examination, year under examination	2015 2016 2017 2018 2019 2020
New York [Member] | Field Examination [Member]
Income Tax Examination [Line Items]
Income tax examination, year under examination	2017 2018 2019
New York City [Member] | Field Examination [Member]
Income Tax Examination [Line Items]
Income tax examination, year under examination	2017 2018 2019
Maximum [Member]
Income Tax Examination [Line Items]
Possible decrease in unrecognized tax benefits (up to $1.2 billion)	$ 1.2

Earnings and Dividends Per Co_3

Earnings and Dividends Per Common Share, Earnings Per Common Share Calculations (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Common Share [Abstract]
Wells Fargo net income (loss)	$ 19,722	$ 19,142	$ 13,677
Preferred stock dividends and other	1,116	1,160	1,115
Wells Fargo net income (loss) applicable to common stock	$ 18,606	$ 17,982	$ 12,562
Earnings per common share
Average common shares outstanding (denominator) (in shares)	3,426.1	3,688.3	3,805.2
Per share (in dollars per share)	$ 5.43	$ 4.88	$ 3.30
Diluted earnings per common share
Average common shares outstanding (in shares)	3,426.1	3,688.3	3,805.2
Diluted average common shares outstanding (denominator) (in shares)	3,467.6	3,720.4	3,837
Per share (in dollars per share)	$ 5.37	$ 4.83	$ 3.27
Restricted share rights [Member] | Treasury stock method [Member]
Diluted earnings per common share
Add: Restricted share rights (in shares)	41.5	32.1	31.8

Earnings and Dividends Per Co_4

Earnings and Dividends Per Common Share, Outstanding Anti-dilutive Securities (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Restricted share rights [Member] | Treasury stock method [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive instruments	0.1	0.1	0.2
Convertible Preferred Stock, Series L [Member] | If-converted method [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive instruments	25.3	25.3	25.3

Earnings and Dividends Per Co_5

Earnings and Dividends Per Common Share, Dividends Declared Per Common Shares (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Dividends declared per common share (in dollars per share)	$ 1.50	$ 1.30	$ 1.10

Other Comprehensive Income, Sum

Other Comprehensive Income, Summary of Other Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt securities:
Net unrealized gains (losses) arising during the period, Before tax	$ (1,824)	$ 1,136	$ (14,320)
Net unrealized gains (losses) arising during the period, Tax effect	449	(278)	3,526
Net unrealized gains (losses) arising during the period, Net of tax	(1,375)	858	(10,794)
Reclassification of net (gains) losses to net income, Before tax	1,437	549	391
Reclassification of net (gains) losses to net income, Tax effect	(354)	(136)	(97)
Reclassification of net (gains) losses to net income, Net of tax	1,083	413	294
Net change, Before tax	(387)	1,685	(13,929)
Net change, Tax effect	95	(414)	3,429
Net change, Net of tax	(292)	1,271	(10,500)
Cash Flow Hedges:
Net change, Before tax	(356)	545	(1,448)
Net change, Tax effect	88	(134)	358
Net change, Net of tax	(268)	411	(1,090)
Defined benefit plans adjustments:
Net actuarial and prior service gains (losses) arising during the period, Before tax	99	(22)	(141)
Net actuarial and prior service gains (losses) arising during the period, Tax effect	(24)	5	35
Net actuarial and prior service gains (losses) arising during the period, Net of tax	75	(17)	(106)
Reclassification of amounts to noninterest expense, Before tax	109	109	343
Reclassification of amounts to noninterest expense, Tax effect	(24)	(24)	(83)
Reclassification of amounts to noninterest expense, Net of tax	85	85	260
Net change, Before tax	208	87	202
Net change, Tax effect	(48)	(19)	(48)
Net change, Net of tax	160	68	154
Debit valuation adjustment (DVA):
Net unrealized gains (losses) arising during period, Before tax	(40)	(38)	73
Net unrealized gains (losses) arising during period, Tax effect	9	9	(15)
Net unrealized gains (losses) arising during period, Net of tax	(31)	(29)	58
Reclassification of net (gains) losses to net income, Before tax	0	0	0
Reclassification of net (gains) losses to net income, Tax effect	0	0	0
Reclassification of net (gains) losses to net income, Net of tax	0	0	0
Net change, Before tax	(40)	(38)	73
Net change, Tax effect	9	9	(15)
Net change, net of tax	(31)	(29)	58
Foreign currency translation adjustments:
Net unrealized gains (losses) arising during the period, Before tax	(163)	65	(233)
Net unrealized gains (losses) arising during the period, Tax effect	(2)	(2)	(3)
Net unrealized gains (losses) arising during the period, Net of tax	(165)	63	(236)
Reclassification of net (gains) losses to net income, Before tax	0	0	0
Reclassification of net (gains) losses to net income, Tax	0	0	0
Reclassification of net (gains) losses to net income, Net of Tax	0	0	0
Net change, Before tax	(163)	65	(233)
Net change, Tax effect	(2)	(2)	(3)
Net change, Net of tax	(165)	63	(236)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Other comprehensive income (loss), Before tax	(738)	2,344	(15,335)
Other comprehensive income (loss), Tax effect	142	(560)	3,721
Other comprehensive income (loss), after tax	(596)	1,784	(11,614)
Noncontrolling interests [Member]
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Other comprehensive income (loss), after tax	0	2	2
Total Wells Fargo stockholders' equity [Member]
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Other comprehensive income (loss), after tax	(596)	1,782	(11,616)
Fair value hedging [Member]
Fair Value Hedges:
Change in fair value of excluded components on fair value hedges, Before tax	20	22	87
Change in fair value of excluded components on fair value hedges, Tax	(5)	(6)	(21)
Change in fair value of excluded components on fair value hedges, Net of tax	15	16	66
Cash flow hedging [Member]
Cash Flow Hedges:
Net unrealized gains (losses) arising during the period on cash flow hedges, Before Tax	(1,223)	(201)	(1,541)
Net unrealized gains (losses) arising during the period on cash flow hedges, Tax	302	50	381
Net unrealized gains (losses) arising during the period on cash flow hedges, Net of Tax	(921)	(151)	(1,160)
Reclassification of net (gains) losses to net income on cash flow hedges, Before tax	847	724	6
Reclassification of net (gains) losses to net income on cash flow hedges, Tax	(209)	(178)	(2)
Reclassification of net (gains) losses to net income on cash flow hedges, Net of tax	$ 638	$ 546	$ 4

Other Comprehensive Income, Acc

Other Comprehensive Income, Accumulated OCI Balances (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulative OCI balances [Abstract]
Balance, beginning of period	$ 187,443	$ 182,213
Other comprehensive income (loss), after tax	(596)	1,784	$ (11,614)
Balance, end of period	181,066	187,443	182,213
Other Comprehensive Income Textual [Abstract]
Unrealized gain (loss) in AOCI, on available-for-sale debt securities transferred to held-to-maturity debt securities, after tax	3,100	3,500	3,700
AOCI including portion attributable to noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	(2,402)	740	(12,172)
Amounts reclassified from accumulated other comprehensive income (loss)	1,806	1,044	558
Other comprehensive income (loss), after tax	(596)	1,784	(11,614)
Debt securities [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	(1,375)	858	(10,794)
Amounts reclassified from accumulated other comprehensive income (loss)	1,083	413	294
Other comprehensive income (loss), after tax	(292)	1,271	(10,500)
Fair value hedges [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	15	16	66
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0
Other comprehensive income (loss), after tax	15	16	66
Cash flow hedges [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	(921)	(151)	(1,160)
Amounts reclassified from accumulated other comprehensive income (loss)	638	546	4
Other comprehensive income (loss), after tax	(283)	395	(1,156)
Defined benefit plans adjustments [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	75	(17)	(106)
Amounts reclassified from accumulated other comprehensive income (loss)	85	85	260
Other comprehensive income (loss), after tax	160	68	154
Debit valuation adjustments (DVA) [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	(31)	(29)	58
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0
Other comprehensive income (loss), after tax	(31)	(29)	58
Foreign currency translation adjustments [Member]
Accumulative OCI balances [Abstract]
Net unrealized gains (losses) arising during the period	(165)	63	(236)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0
Other comprehensive income (loss), after tax	(165)	63	(236)
Total Wells Fargo stockholders' equity [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	(596)	1,782	(11,616)
Accumulative other comprehensive income, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(11,580)	(13,362)	(1,746)
Other comprehensive income (loss), after tax	(596)	1,782	(11,616)
Balance, end of period	(12,176)	(11,580)	(13,362)
Accumulative other comprehensive income, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(1,702)
Accumulative other comprehensive income, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(44)
Debt securities, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(8,564)	(9,835)	665
Balance, end of period	(8,856)	(8,564)	(9,835)
Debt securities, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			665
Debt securities, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Fair value hedges, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(61)	(77)	(143)
Balance, end of period	(46)	(61)	(77)
Fair value hedges, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(143)
Fair value hedges, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Cash flow hedges, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(788)	(1,183)	(27)
Balance, end of period	(1,071)	(788)	(1,183)
Cash flow hedges, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(27)
Cash flow hedges, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Defined benefit plans adjustments, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(1,833)	(1,901)	(2,055)
Balance, end of period	(1,673)	(1,833)	(1,901)
Defined benefit plans adjustments, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(2,055)
Defined benefit plans adjustments, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Debit valuation adjustment (DVA), parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(15)	14	(44)
Balance, end of period	(46)	(15)	14
Debit valuation adjustment (DVA), parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Debit valuation adjustment (DVA), parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(44)
Foreign currency translation adjustments, parent [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	(319)	(380)	(142)
Balance, end of period	(484)	(319)	(380)
Foreign currency translation adjustments, parent [Member] | Previously reported [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			(142)
Foreign currency translation adjustments, parent [Member] | Revision of prior period, accounting standards update, adjustment [Member] | Accounting Standards Update 2018-12 Retrospective [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period			0
Noncontrolling interests [Member]
Accumulative OCI balances [Abstract]
Balance, beginning of period	1,708	1,986	2,503
Other comprehensive income (loss), after tax	0	2	2
Balance, end of period	1,946	1,708	1,986
Cumulative other comprehensive income, noncontrolling Interests [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	2	2
Debt securities, noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	0	0
Fair value hedges, noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	0	0
Cash flow hedges, noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	0	0
Defined benefit plans adjustments, noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	0	0
Debit valuation adjustment (DVA) [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	0	0	0
Foreign currency translation adjustments, noncontrolling interest [Member]
Accumulative OCI balances [Abstract]
Other comprehensive income (loss), after tax	$ 0	$ 2	$ 2

Regulatory Capital Requiremen_3

Regulatory Capital Requirements and Other Restrictions, Regulatory Capital Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Wells Fargo & Company [Member]
Regulatory leverage:
Total leverage exposure	$ 2,267,641	$ 2,253,933
Supplementary leverage ratio (SLR)	0.0674	0.0709
Tier 1 leverage ratio	0.0808	0.0850
Required minimum leverage
Supplementary leverage ratio	0.0500	0.0500
Tier 1 leverage ratio	0.0400	0.0400
Wells Fargo & Company [Member] | Standardized Approach Under Basel III [Member]
Regulatory capital:
Common Equity Tier 1	$ 134,588	$ 140,783
Tier 1	152,866	159,823
Total	184,638	193,061
Assets:
Risk-weighted assets	1,216,146	1,231,668
Adjusted average assets	$ 1,891,333	$ 1,880,981
Regulatory capital ratios:
Common Equity Tier 1 capital	0.1107	0.1143
Tier 1 capital	0.1257	0.1298
Total capital	0.1518	0.1567
Required minimum capital ratios:
Common Equity Tier 1 Capital	0.0980	0.0890
Tier 1 capital	0.1130	0.1040
Total capital	0.1330	0.1240
Wells Fargo & Company [Member] | Advanced Approach Under Basel III [Member]
Regulatory capital:
Common Equity Tier 1	$ 134,588	$ 140,783
Tier 1	152,866	159,823
Total	174,446	182,726
Assets:
Risk-weighted assets	1,085,017	1,114,281
Adjusted average assets	$ 1,891,333	$ 1,880,981
Regulatory capital ratios:
Common Equity Tier 1 capital	0.1240	0.1263
Tier 1 capital	0.1409	0.1434
Total capital	0.1608	0.1640
Required minimum capital ratios:
Common Equity Tier 1 Capital	0.0850	0.0850
Tier 1 capital	0.1000	0.1000
Total capital	0.1200	0.1200
Wells Fargo Bank, NA [Member]
Regulatory leverage:
Total leverage exposure	$ 2,033,458	$ 2,048,633
Supplementary leverage ratio (SLR)	0.0716	0.0694
Tier 1 leverage ratio	0.0872	0.0845
Required minimum leverage
Supplementary leverage ratio	0.0600	0.0600
Tier 1 leverage ratio	0.0400	0.0400
Wells Fargo Bank, NA [Member] | Standardized Approach Under Basel III [Member]
Regulatory capital:
Common Equity Tier 1	$ 145,651	$ 142,108
Tier 1	145,651	142,108
Total	167,936	165,634
Assets:
Risk-weighted assets	1,113,190	1,137,605
Adjusted average assets	$ 1,669,946	$ 1,682,199
Regulatory capital ratios:
Common Equity Tier 1 capital	0.1308	0.1249
Tier 1 capital	0.1308	0.1249
Total capital	0.1509	0.1456
Required minimum capital ratios:
Common Equity Tier 1 Capital	0.0700	0.0700
Tier 1 capital	0.0850	0.0850
Total capital	0.1050	0.1050
Wells Fargo Bank, NA [Member] | Advanced Approach Under Basel III [Member]
Regulatory capital:
Common Equity Tier 1	$ 145,651	$ 142,108
Tier 1	145,651	142,108
Total	158,021	155,560
Assets:
Risk-weighted assets	916,135	956,545
Adjusted average assets	$ 1,669,946	$ 1,682,199
Regulatory capital ratios:
Common Equity Tier 1 capital	0.1590	0.1486
Tier 1 capital	0.1590	0.1486
Total capital	0.1725	0.1626
Required minimum capital ratios:
Common Equity Tier 1 Capital	0.0700	0.0700
Tier 1 capital	0.0850	0.0850
Total capital	0.1050	0.1050

Regulatory Capital Requiremen_4

Regulatory Capital Requirements and Other Restrictions, Minimum Required Regulatory Capital Ratios (Details)	Dec. 31, 2024
Wells Fargo & Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Banking Regulation, Global Systemically Important Bank (GSIB) Surcharge	0.0150
Banking Regulation, Countercyclical Capital Buffer	0
Leverage buffer, minimum	0.0200
Wells Fargo & Company [Member] | Advanced Approach Under Basel III [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer, minimum	0.0250
Wells Fargo & Company [Member] | Standardized Approach Under Basel III [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Banking Regulation, Stress Capital Buffer (SCB)	0.0380
Wells Fargo Bank, NA [Member] | Advanced Approach Under Basel III [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer, minimum	0.0250
Wells Fargo Bank, NA [Member] | Standardized Approach Under Basel III [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer, minimum	0.0250

Loan and Dividend Restrictions

Loan and Dividend Restrictions (Details) $ in Billions	Dec. 31, 2024 USD ($)
Bank [Member]
Loan and Dividend Restrictions [Line Items]
Statutory accounting practices, statutory amount available for dividend payments without regulatory approval	$ 5.8
Nonbank Subsidiaries [Member]
Loan and Dividend Restrictions [Line Items]
Statutory accounting practices, statutory amount available for dividend payments without regulatory approval	$ 23.9

Regulatory Capital Requiremen_5

Regulatory Capital Requirements and Other Restrictions, Nature of Restrictions on Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Reserve balance for non-U.S. central banks [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash equivalents	$ 188	$ 230
Segregated for benefit of brokerage customers under federal and other brokerage regulations [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash equivalents	$ 1,035	$ 986

Parent-Only Financial Stateme_3

Parent-Only Financial Statements, Parent-Only Statement of Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Condensed Financial Statements, Captions [Line Items]
Other income	$ 2,321	$ 1,935	$ 2,821
Long-term debt	12,463	11,572	5,505
Noninterest expense	54,598	55,562	57,205
Income tax expense (benefit)	3,399	2,607	2,251
Wells Fargo net income (loss)	19,722	19,142	13,677
Other comprehensive income (loss), after tax	(596)	1,784	(11,614)
Wells Fargo comprehensive income (loss)	19,126	20,924	2,061
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Other income	527	217	(51)
Total income	30,326	33,362	19,298
Long-term debt	11,033	9,909	4,994
Noninterest expense	1,151	504	2,043
Total expense	14,475	12,980	8,161
Income before income tax benefit and equity in undistributed income of subsidiaries	15,851	20,382	11,137
Income tax expense (benefit)	(1,747)	(1,076)	(1,497)
Equity in undistributed income of subsidiaries	2,124	(2,316)	1,043
Wells Fargo net income (loss)	19,722	19,142	13,677
Other comprehensive income (loss), after tax	(596)	1,782	(11,616)
Wells Fargo comprehensive income (loss)	19,126	20,924	2,061
Parent Company [Member] | Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Dividends from subsidiaries	18,600	22,300	14,590
Interest income from subsidiaries	11,199	10,845	4,759
Indebtedness to nonbank subsidiaries	$ 2,291	$ 2,567	$ 1,124

Parent-Only Financial Stateme_4

Parent-Only Financial Statements, Parent-Only Balance Sheet (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets [Abstract]
Cash, cash equivalents, and restricted cash due from subsidiary banks	[1]	$ 201,902	$ 236,052	$ 159,157	$ 234,230
Other		73,302	78,815
Total assets	[2]	1,929,845	1,932,468
Liabilities and equity
Accrued expenses and other liabilities		78,756	71,210
Total liabilities	[3]	1,748,779	1,745,025
Total Wells Fargo stockholders’ equity		179,120	185,735
Total liabilities and equity		1,929,845	1,932,468
Parent Company [Member]
Assets [Abstract]
Cash, cash equivalents, and restricted cash due from subsidiary banks		20,991	15,856	$ 16,171	$ 15,134
Total assets		379,504	376,187
Liabilities and equity
Accrued expenses and other liabilities		8,380	8,933
Long-term debt		146,851	148,053
Total liabilities		200,384	190,452
Total Wells Fargo stockholders’ equity		179,120	185,735
Total liabilities and equity		379,504	376,187
Parent Company [Member] | Subsidiaries [Member]
Assets [Abstract]
Cash, cash equivalents, and restricted cash due from subsidiary banks		20,991	15,856
Loans to nonbank subsidiaries		185,269	187,306
Investments in subsidiaries	[4]	162,913	161,698
Other	[4]	10,331	11,327
Liabilities and equity
Indebtedness to nonbank subsidiaries		45,153	33,466
Parent Company [Member] | Indirect Bank Subsidiaries [Member]
Assets [Abstract]
Investments in subsidiaries		$ 169,600	$ 166,300
[1]Includes Cash and due from banks and Interest-earning deposits with banks on our consolidated balance sheet and excludes time deposits, which are included in Interest-earning deposits with banks[2] Our consolidated assets at December 31 2024 and 2023, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Loans, $11.2 billion and $4.9 billion; all other assets, $671 million and $435 million; and Total assets, $11.9 billion and $5.3 billion, respectively. Our consolidated liabilities at December 31, 2024 and 2023, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $2.2 billion and $0; Accrued expenses and other liabilities, $124 million and $115 million; and Total liabilities $2.4 billion and $115 million, respectively.

Parent-Only Financial Stateme_5

Parent-Only Financial Statements, Parent-Only Statement of Cash Flows (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net cash provided (used) by operating activities		$ 3,035	$ 40,358	$ 27,048
Loans:
Other, net		(193)	391	805
Net cash provided (used) by investing activities		(15,651)	16,043	(42,476)
Cash flows from financing activities:
Net increase (decrease) in short-term borrowings and indebtedness to subsidiaries		18,710	38,414	16,564
Long-term debt:
Proceeds from issuance		29,014	49,071	53,737
Repayment		(55,582)	(22,886)	(19,587)
Preferred stock:
Proceeds from Issuance of Preferred Stock and Preference Stock		1,997	1,722	0
Payments for Repurchase of Redeemable Preferred Stock		(2,840)	(1,725)	0
Cash dividends paid		(1,099)	(1,141)	(1,115)
Common stock:
Repurchased		(19,448)	(11,851)	(6,033)
Cash dividends paid		(5,133)	(4,789)	(4,178)
Other, net		(784)	(509)	(539)
Net cash provided (used) by financing activities		(21,534)	20,494	(59,645)
Net change in cash, cash equivalents, and restricted cash		(34,150)	76,895	(75,073)
Cash, cash equivalents, and restricted cash at beginning of period	[1]	236,052	159,157	234,230
Cash, cash equivalents, and restricted cash at end of period	[1]	201,902	236,052	159,157
Parent Company [Member]
Cash flows from operating activities:
Net cash provided (used) by operating activities		18,308	25,972	(4,575)
Loans:
Capital notes and term loans made to subsidiaries		(3,904)	(5,420)	(3,567)
Principal collected on notes/loans made to subsidiaries		4,510	1,730	4,062
Other, net		1	40	(268)
Net cash provided (used) by investing activities		607	(3,650)	227
Cash flows from financing activities:
Net increase (decrease) in short-term borrowings and indebtedness to subsidiaries		11,687	(14,238)	8,153
Long-term debt:
Proceeds from issuance		17,518	19,070	26,520
Repayment		(15,684)	(9,311)	(17,618)
Preferred stock:
Proceeds from Issuance of Preferred Stock and Preference Stock		1,997	1,722	0
Payments for Repurchase of Redeemable Preferred Stock		(2,840)	(1,725)	0
Cash dividends paid		(1,099)	(1,141)	(1,115)
Common stock:
Repurchased		(19,448)	(11,851)	(6,033)
Cash dividends paid		(5,133)	(4,789)	(4,178)
Other, net		(778)	(374)	(344)
Net cash provided (used) by financing activities		(13,780)	(22,637)	5,385
Net change in cash, cash equivalents, and restricted cash		5,135	(315)	1,037
Cash, cash equivalents, and restricted cash at beginning of period		15,856	16,171	15,134
Cash, cash equivalents, and restricted cash at end of period		$ 20,991	$ 15,856	$ 16,171
[1]Includes Cash and due from banks and Interest-earning deposits with banks on our consolidated balance sheet and excludes time deposits, which are included in Interest-earning deposits with banks