v3.26.1
Segment information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Information about Company's Segments
Information about the Company's segments is presented in the accompanying table.
Three Months Ended March 31,
Commercial Bank Retail Bank Institutional Services and Wealth ManagementAll Other Total
(Dollars in millions)2026202520262025202620252026202520262025
Net interest income (a)$535 $529 $950 $972 $156 $171 $111 $23 $1,752 $1,695 
Noninterest income193 173 217 208 221 209 58 21 689 611 
Total revenue728 702 1,167 1,180 377 380 169 44 2,441 2,306 
Provision for credit losses29 36 82 79 — 3 29 12 140 130 
Salaries and employee benefits145 151 197 196 109 106 463 434 914 887 
Depreciation and amortization10 10 36 62 2 2 49 56 97 130 
Other direct expenses78 67 103 99 35 26 211 206 427 398 
Indirect expense (b)127 123 289 279 80 81 (496)(483)— — 
Income (loss) before taxes339 315 460 465 151 162 (87)(181)863 761 
Income tax expense (benefit)89 84 116 118 39 41 (45)(66)199 177 
Net income (loss)$250 $231 $344 $347 $112 $121 $(42)$(115)$664 $584 
Average total assets$78,804 $79,362 $58,821 $54,381 $4,744 $4,102 $71,459 $70,476 $213,828 $208,321 
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(a)Net interest income is the difference between actual taxable-equivalent interest earned on assets and interest paid on liabilities by a segment and a funding charge (credit) based on the Company's internal funds transfer pricing methodology. Segments are charged a cost to fund any assets (e.g. loans) and are paid a funding credit for any funds provided (e.g. deposits). The taxable-equivalent adjustment aggregated to $11 million and $12 million for the three-month periods ended March 31, 2026 and 2025, respectively, and is eliminated in "All Other" total revenues.
(b)Indirect expense represents centrally-allocated costs associated with certain technology, operations, risk management, finance and human resources expenses provided by the "All Other" category to the Commercial Bank, Retail Bank and Institutional Services and Wealth Management segments.