v3.25.2
Business Segments - Results of Operations and Average Assets by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information        
Net interest income (FTE) $ 1,500 $ 1,393 $ 2,942 $ 2,783
Provision for (benefit from) credit losses 173 97 347 191
Net interest income after provision for (benefit from) credit losses 1,327 1,296 2,595 2,592
Noninterest Income        
Wealth and asset management revenue 166 159 338 320
Commercial payments revenue 152 154 305 298
Consumer banking revenue 147 139 284 275
Capital markets fees 90 93 179 190
Commercial banking revenue 79 90 160 174
Mortgage banking net revenue 56 50 113 104
Other noninterest income 44 7 58 32
Securities gains, net 16 3 7 13
Total noninterest income 750 695 1,444 1,406
Noninterest Expense        
Compensation and benefits 698 656 1,447 1,409
Technology and communications 126 114 250 231
Net occupancy expense 83 83 171 170
Equipment expense 41 38 82 76
Marketing expense 43 34 71 66
Loan and lease expense 36 33 66 62
Card and processing expense 22 21 43 41
Other noninterest expense 215 242 438 507
Total noninterest expense 1,264 1,221 2,568 2,562
Income (loss) before income taxes (FTE) 813 770 1,471 1,436
Average assets 210,554 212,475 210,556 212,839
Operating Segments | Commercial Banking        
Segment Reporting Information        
Net interest income (FTE) 595 634 1,147 1,298
Provision for (benefit from) credit losses 79 137 159 208
Net interest income after provision for (benefit from) credit losses 516 497 988 1,090
Noninterest Income        
Wealth and asset management revenue 0 1 1 2
Commercial payments revenue 132 132 265 255
Consumer banking revenue 0 0 0 0
Capital markets fees 89 91 178 188
Commercial banking revenue 78 89 157 173
Mortgage banking net revenue 0 0 0 0
Other noninterest income 22 14 28 30
Securities gains, net 0 (7) (7) (6)
Total noninterest income 321 320 622 642
Noninterest Expense        
Compensation and benefits 151 153 329 339
Technology and communications 3 3 7 8
Net occupancy expense 9 8 18 18
Equipment expense 8 7 16 14
Marketing expense 1 1 2 1
Loan and lease expense 8 6 14 12
Card and processing expense 3 2 6 4
Other noninterest expense 270 265 572 540
Total noninterest expense 453 445 964 936
Income (loss) before income taxes (FTE) 384 372 646 796
Average assets 78,309 76,912 78,125 77,163
FTE adjustments 3 4 6 8
Operating Segments | Consumer and Small Business Banking        
Segment Reporting Information        
Net interest income (FTE) 1,085 1,081 2,060 2,232
Provision for (benefit from) credit losses 84 70 168 154
Net interest income after provision for (benefit from) credit losses 1,001 1,011 1,892 2,078
Noninterest Income        
Wealth and asset management revenue 66 62 132 121
Commercial payments revenue 22 22 41 43
Consumer banking revenue 146 138 282 273
Capital markets fees 1 1 1 1
Commercial banking revenue 1 1 2 1
Mortgage banking net revenue 56 50 112 104
Other noninterest income 1 1 3 3
Securities gains, net 0 0 0 0
Total noninterest income 293 275 573 546
Noninterest Expense        
Compensation and benefits 230 229 465 466
Technology and communications 8 8 15 14
Net occupancy expense 54 54 108 107
Equipment expense 13 13 29 26
Marketing expense 31 19 50 42
Loan and lease expense 21 22 39 39
Card and processing expense 19 19 36 37
Other noninterest expense 270 274 553 558
Total noninterest expense 646 638 1,295 1,289
Income (loss) before income taxes (FTE) 648 648 1,170 1,335
Average assets 55,696 51,837 55,054 51,600
Operating Segments | Wealth and Asset Management        
Segment Reporting Information        
Net interest income (FTE) 57 54 106 112
Provision for (benefit from) credit losses (2) 0 (2) 0
Net interest income after provision for (benefit from) credit losses 59 54 108 112
Noninterest Income        
Wealth and asset management revenue 100 96 205 197
Commercial payments revenue 0 0 1 0
Consumer banking revenue 1 1 1 1
Capital markets fees 0 1 1 1
Commercial banking revenue 0 0 1 0
Mortgage banking net revenue 0 0 1 0
Other noninterest income 0 0 1 1
Securities gains, net 0 0 0 0
Total noninterest income 101 98 211 200
Noninterest Expense        
Compensation and benefits 55 52 117 114
Technology and communications 0 0 0 0
Net occupancy expense 3 3 7 6
Equipment expense 0 0 0 0
Marketing expense 0 0 0 0
Loan and lease expense 0 0 1 0
Card and processing expense 0 0 1 1
Other noninterest expense 37 38 77 74
Total noninterest expense 95 93 203 195
Income (loss) before income taxes (FTE) 65 59 116 117
Average assets 4,855 4,283 4,757 4,348
General Corporate and Other        
Segment Reporting Information        
Net interest income (FTE) (237) (376) (371) (859)
Provision for (benefit from) credit losses 12 (110) 22 (171)
Net interest income after provision for (benefit from) credit losses (249) (266) (393) (688)
Noninterest Income        
Wealth and asset management revenue 0 0 0 0
Commercial payments revenue (2) 0 (2) 0
Consumer banking revenue 0 0 1 1
Capital markets fees 0 0 (1) 0
Commercial banking revenue 0 0 0 0
Mortgage banking net revenue 0 0 0 0
Other noninterest income 21 (8) 26 (2)
Securities gains, net 16 10 14 19
Total noninterest income 35 2 38 18
Noninterest Expense        
Compensation and benefits 262 222 536 490
Technology and communications 115 103 228 209
Net occupancy expense 17 18 38 39
Equipment expense 20 18 37 36
Marketing expense 11 14 19 23
Loan and lease expense 7 5 12 11
Card and processing expense 0 0 0 (1)
Other noninterest expense (362) (335) (764) (665)
Total noninterest expense 70 45 106 142
Income (loss) before income taxes (FTE) (284) (309) (461) (812)
Average assets 71,694 79,443 72,620 79,728
FTE adjustments $ 2 $ 2 $ 4 $ 4