What banks said about AI in their 2025 annual reports
The main facts, each with the number of banks behind it. Every number links back to the banks and their passages.
239 of 270
banks mention AI (89%)
39 of 270
banks say they are using AI now (14%)
15 of 270
banks say they are testing or planning AI (6%)
231 of 270
banks list AI as a risk (86%)
Using AI now
- What this shows
- How many banks say in their annual report that they are using AI now, each report year.
- What it means
- In the 2025 reports, 39 of 270 banks (14%) say they are using AI now, up from 5 of 298 (2%) in 2022.
- How to read it
- Each bar is a report year. The label shows the number of banks.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
Show as a table
| Report year | Banks |
|---|---|
| 2022 | 5 of 298 (2%) |
| 2023 | 7 of 297 (2%) |
| 2024 | 19 of 284 (7%) |
| 2025 | 39 of 270 (14%) |
Risk and controls
- What this shows
- Banks whose annual report lists AI as a risk, and how many of them also say how AI is controlled.
- What it means
- In the 2025 reports, 145 of 270 banks (54%) list AI as a risk but do not say how AI is controlled, little change from 2024.
- How to read it
- Each bar is a report year. The label shows how many banks list AI as a risk without saying how it is controlled.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
Show as a table
| Report year | Banks |
|---|---|
| 2022 | 17 of 298 (6%) |
| 2023 | 98 of 297 (33%) |
| 2024 | 148 of 284 (52%) |
| 2025 | 145 of 270 (54%) |
All the measures for 2025
- What this shows
- Every measure for the 2025 annual reports, for all banks and by bank size.
- What it means
- 239 of 270 banks mention AI; far fewer describe using it or how it is controlled.
- How to read it
- Each cell shows the number of banks and the share of all banks of that size that filed an annual report.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
| Banks that | All banks | $50B and above | $1B to $50B | Under $1B |
|---|---|---|---|---|
| mention AI | 239 of 270 (89%) | 43 of 43 (100%) | 191 of 221 (86%) | 5 of 6 (83%) |
| say they are using AI now | 39 of 270 (14%) | 12 of 43 (28%) | 26 of 221 (12%) | 1 of 6 (17%) |
| say they are testing or planning AI | 15 of 270 (6%) | 2 of 43 (5%) | 12 of 221 (5%) | 1 of 6 (17%) |
| list AI as a risk | 231 of 270 (86%) | 43 of 43 (100%) | 184 of 221 (83%) | 4 of 6 (67%) |
| explain how AI is controlled | 87 of 270 (32%) | 30 of 43 (70%) | 55 of 221 (25%) | 2 of 6 (33%) |
| list AI as a risk but do not say how AI is controlled | 145 of 270 (54%) | 13 of 43 (30%) | 130 of 221 (59%) | 2 of 6 (33%) |
| mention generative AI | 146 of 270 (54%) | 33 of 43 (77%) | 112 of 221 (51%) | 1 of 6 (17%) |
| mention AI agents or agentic AI | 29 of 270 (11%) | 10 of 43 (23%) | 18 of 221 (8%) | 1 of 6 (17%) |
| name an AI product or company | 4 of 270 (1%) | 0 of 43 (0%) | 4 of 221 (2%) | 0 of 6 (0%) |
Few banks under $1B file annual reports with the SEC, so that column is based on very few banks. See how we did this and the known limits.