Total Revenue

+0.6% " " "

Total Revenue increased modestly from $20,689 million in Q2 2024 to $20,822 million in Q2 2025. This marginal gain reflects a mix of factors—stronger performance in Consumer Banking and Lending partially offset by declines in Commercial Banking—mirroring previous period trends where net interest and noninterest income dynamics played a key role. " " "

Consumer Banking and Lending

+2.5% " "

Consumer Banking and Lending grew from $9,006 million to $9,228 million, driven by improved deposit balances, cost efficiencies, and solid digital and mobile customer growth observed in earlier quarters (e.g., Q1 2025 improvements in deposit trends and digital adoption " " " " ). These factors built on past performance to boost revenue in the current period. " "

Commercial Banking

–6% " "

Commercial Banking revenue declined from $3,122 million to $2,933 million, largely due to continued pressure on net interest income amid a lower interest rate environment, as well as higher provisions for credit losses noted in previous quarters (such as the impacts seen in Q1 2025 " " " " ). These adverse market conditions and deposit cost challenges persist from earlier periods, leading to a further contraction in revenue. " "

Corporate Segment

+125% " "

The Corporate segment experienced a dramatic turnaround, rising from $248 million to $559 million. This surge is attributed to a recovery in venture capital performance and reduced FDIC special assessments compared to earlier challenges in Q1 2025 and improvements noted in Q1 2024, alongside a rebound in net interest income from repositioning activities. " " " " " "

Net Interest Income

FY 2025

Expected to be approximately 1% to 3% higher than 2024 "

Roughly in line with FY 2024 net interest income of $47.7 billion " "

lowered

Non-Interest Expense

FY 2025

Approximately $54.2 billion "

Approximately $54.2 billion " "

no change