v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks (restricted cash of $0 and $4) $ 577 $ 511
Interest-bearing cash and temporary investments (restricted cash of $15 and $12) 1,522 1,869
Total cash and cash equivalents 2,099 2,380
Investment securities    
Equity and other, at fair value 124 113
Available for sale, at fair value 10,915 11,112
Held to maturity, at amortized cost 18 18
Loans held for sale 81 262
Loans and leases 47,697 47,776
Allowance for credit losses on loans and leases (459) (466)
Net loans and leases 47,238 47,310
Restricted equity securities 168 159
Premises and equipment, net 426 422
Goodwill 1,482 1,482
Other intangible assets, net 671 712
Bank-owned life insurance 1,222 1,218
Other assets 1,583 1,644
Total assets 66,027 66,832
Deposits    
Non-interest-bearing 17,635 17,419
Interest-bearing 35,854 36,792
Total deposits 53,489 54,211
Securities sold under agreements to repurchase 162 207
Borrowings 3,400 3,200
Junior subordinated debentures, at fair value 333 338
Junior and other subordinated debentures, at amortized cost 97 97
Other liabilities 882 939
Total liabilities 58,363 58,992
COMMITMENTS AND CONTINGENCIES (Note 8)
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, shares authorized: 2,000, issued and outstanding: 0 0 0
Common stock, no par value, shares authorized in 2026 and 2025: 520,000; issued and outstanding: 289,530 in 2026 and 295,422 in 2025 7,896 8,099
Retained earnings (accumulated deficit) 59 (26)
Accumulated other comprehensive loss (291) (233)
Total shareholders' equity 7,664 7,840
Total liabilities and shareholders' equity $ 66,027 $ 66,832