v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Interest and fees on loans and leases $ 2,293 $ 1,816
Interest on securities 501 451
Interest on other short-term investments 178 165
Total interest income 2,972 2,432
Interest Expense    
Interest on deposits 813 743
Interest on short-term borrowings 5 58
Interest on long-term debt 220 194
Total interest expense 1,038 995
Net Interest Income 1,934 1,437
Provision for credit losses 227 174
Net Interest Income After Provision for Credit Losses 1,707 1,263
Noninterest Income    
Wealth and asset management revenue 233 172
Commercial payments revenue 218 153
Consumer banking revenue 146 137
Capital markets fees 134 90
Commercial banking revenue 105 80
Mortgage banking net revenue 44 57
Other noninterest income 27 14
Securities losses, net (12) (9)
Total noninterest income 895 694
Noninterest Expense    
Compensation and benefits 1,410 750
Technology and communications 204 123
Net occupancy expense 140 87
Equipment expense 55 42
Marketing expense 50 28
Loan and lease expense 42 30
Card and processing expense 79 21
Other noninterest expense 415 223
Total noninterest expense 2,395 1,304
Income Before Income Taxes 207 653
Applicable income tax expense 42 138
Net Income 165 515
Dividends on preferred stock 37 37
Net Income Available to Common Shareholders $ 128 $ 478
Shares Disclosures    
Earnings per share - basic (in dollars per share) $ 0.16 $ 0.71
Earnings per share - diluted (in dollars per share) $ 0.15 $ 0.71
Average common shares outstanding - basic (in shares) 825,118,886 671,052,320
Average common shares outstanding - diluted (in shares) 830,273,720 676,040,080