Discontinued Operations and Disposal Groups (Tables)

3 Months Ended

Mar. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations - Summary of Operating Results of the Discontinued Insurance Agency Business

The following presents operating results of TIH classified as discontinued operations:


Three Months Ended March 31, 2024 (Dollars in millions)


Interest Income
Interest on other earning assets	$	24
Total interest income	24
Noninterest income
Insurance income	892
Other income	5
Total noninterest income	897
Noninterest expense
Personnel expense	634
Professional fees and outside processing	48
Software expense	17
Net occupancy expense	15
Equipment expense	9
Amortization of intangibles	21
Marketing and customer development	10

Restructuring charges	19
Other expense	58
Total noninterest expense	831
Earnings

Income before income taxes from discontinued operations	90
Provision for income taxes	23
Net income from discontinued operations	67
Noncontrolling interests	3
Net income from discontinued operations attributable to controlling interest	$	64

Statement Of Cash Flows Discontinued Operations

The components of net cash provided by operating, investing, and financing activities of discontinued operations included in the Consolidated Statements of Cash Flows are as follows:


Three Months Ended March 31, 2024 (Dollars in millions)


Net cash from operating activities	$	(346)
Net cash from investing activities	(4)
Net cash from financing activities	373