L.225 Other equity1

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Line Description Series 2023 2024 2025 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4
Line 1 Issues LM893181115 40563.4 44393.7 50027.5 44605.2 44393.7 44026.5 46654.2 48875.9 50027.5
Line 2 Nonfinancial corporate business LM103192105 11411.6 13981.4 16368.1 13702.2 13981.4 13320.2 14710.8 15830.2 16368.1
Line 3 Nonfinancial noncorporate business LM113181115 15577.5 15817.4 15960.4 15722.8 15817.4 15734.6 15723.1 15990.1 15960.4
Line 4 Monetary authority FL713164005 36.1 37.2 39.2 36.7 37.2 37.4 38.8 39.0 39.2
Line 5 U.S.-chartered depository institutions FL763194603 2211.7 2327.5 2499.4 2345.6 2327.5 2379.5 2443.1 2480.1 2499.4
Line 6 Foreign banking offices in U.S. LM753181115 542.0 621.9 724.8 634.9 621.9 608.4 661.5 708.5 724.8
Line 7 Property-casualty insurance companies LM513181115 266.9 313.3 368.9 311.4 313.3 295.8 335.5 358.0 368.9
Line 8 Life insurance companies LM543181115 109.8 133.6 143.9 121.5 133.6 123.6 134.1 141.8 143.9
Line 9 Government-sponsored enterprises FL403192405 64.9 64.1 64.5 63.7 64.1 62.4 64.9 63.0 64.5
Line 10 Finance companies LM613192103 188.7 212.4 249.2 221.8 212.4 203.9 227.0 243.8 249.2
Line 11 Brokers and dealers LM663181115 813.6 931.1 955.8 869.8 931.1 908.9 907.8 958.1 955.8
Line 12 Holding companies LM733192103 83.7 90.9 76.9 95.5 90.9 93.4 93.3 86.5 76.9
Line 13 Other financial business LM503181115 7.4 3.5 0.8 5.0 3.5 3.5 2.0 2.7 0.8
Line 14 Rest of the World LM263181115 9249.5 9859.5 12575.7 10474.4 9859.5 10254.9 11312.1 11974.1 12575.7
Line 15 Holdings LM893081115 40563.4 44393.7 50027.5 44605.2 44393.7 44026.5 46654.2 48875.9 50027.5
Line 16 Households LM153081115 15593.4 15837.1 16001.1 15734.4 15837.1 15772.4 15752.1 16015.8 16001.1
Line 17 Nonfinancial corporate business LM103081115 7629.5 8107.4 10396.7 8658.8 8107.4 8481.0 9325.9 9907.0 10396.7
Line 18 Nonfinancial noncorporate business FL113092405 18.3 19.1 19.8 18.6 19.1 18.8 19.1 19.3 19.8
Line 19 Federal government LM313081115 82.1 80.4 81.8 82.0 80.4 80.5 80.6 81.4 81.8
Line 20 U.S.-chartered depository institutions LM763081115 429.2 439.9 564.3 467.9 439.9 455.2 505.9 533.3 564.3
Line 21 Credit unions FL473092403 6.1 6.8 6.8 6.5 6.8 6.7 6.8 6.7 6.8
Line 22 Property-casualty insurance companies LM513081115 299.7 337.6 351.0 306.8 337.6 298.6 322.6 340.0 351.0
Line 23 Life insurance companies LM543081115 47.1 49.5 69.9 49.4 49.5 54.0 59.7 64.1 69.9
Line 24 Finance companies LM613081115 416.1 440.9 573.3 475.4 440.9 462.5 523.0 529.0 573.3
Line 25 Mortgage REITs FL643092473 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 26 Brokers and dealers LM663092103 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 27 Holding companies LM733081115 2913.3 3046.7 3239.5 3063.1 3046.7 3112.6 3183.6 3230.1 3239.5
Line 28 Other financial business FL503094505 115.6 99.1 125.1 118.5 99.1 123.2 122.7 122.4 125.1
Line 29 Rest of the World LM263092101 13012.8 15929.1 18598.1 15623.8 15929.1 15161.0 16752.3 18026.8 18598.1

Note:

  1. Sum of direct investment equity and miscellaneous other equity.

Last Update: 2026-03-19