| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2026 | | Corporate Bank | | Consumer Bank | | Wealth Management | | Other | | Consolidated | | | | | | | (In millions) | | | | | | Net interest income | $ | 474 | | | $ | 729 | | | $ | 45 | | | $ | — | | | $ | 1,248 | | | | | | | Provision for (benefit from) credit losses | 71 | | | 56 | | | — | | | (36) | | | 91 | | | | | | | Non-interest income: | | | | | | | | | | | | | | | Service charges on deposit accounts | 66 | | | 96 | | | 1 | | | — | | | 163 | | | | | | | Card and ATM fees | 11 | | | 106 | | | — | | | — | | | 117 | | | | | | | Investment management and trust fee income | — | | | — | | | 92 | | | — | | | 92 | | | | | | | Capital markets income | 84 | | | — | | | — | | | — | | | 84 | | | | | | | Mortgage income | — | | | 32 | | | — | | | — | | | 32 | | | | | | | Investment services fee income | — | | | — | | | 49 | | | — | | | 49 | | | | | | | Commercial credit fee income | 30 | | | — | | | — | | | — | | | 30 | | | | | | | Bank-owned life insurance | — | | | — | | | — | | | 30 | | | 30 | | | | | | | Securities gains (losses), net | — | | | — | | | — | | | (3) | | | (3) | | | | | | Market value adjustments on employee benefit assets | — | | | — | | | — | | | (5) | | | (5) | | | | | | | Other miscellaneous income (loss) | 39 | | | 18 | | | 1 | | | (22) | | | 36 | | | | | | | Total non-interest income | 230 | | | 252 | | | 143 | | | — | | | 625 | | | | | | Non-interest expense: | | | | | | | | | | | | | | | Salaries and employee benefits | 151 | | | 203 | | | 76 | | | 229 | | | 659 | | | | | | | Equipment and software expense | 5 | | | 24 | | | 1 | | | 78 | | | 108 | | | | | | | Net occupancy expense | 7 | | | 55 | | | 3 | | | 7 | | | 72 | | | | | | Other expenses (benefits) (1) | 168 | | | 325 | | | 50 | | | (314) | | | 229 | | | | | | Total non-interest expense | 331 | | | 607 | | | 130 | | | — | | | 1,068 | | | | | | | Income before income taxes | 302 | | | 318 | | | 58 | | | 36 | | | 714 | | | | | | | Income tax expense (benefit) | 75 | | | 79 | | | 15 | | | (14) | | | 155 | | | | | | | Net income | $ | 227 | | | $ | 239 | | | $ | 43 | | | $ | 50 | | | $ | 559 | | | | | | | Average assets | $ | 71,203 | | | $ | 36,905 | | | $ | 2,216 | | | $ | 48,963 | | | $ | 159,287 | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | | Corporate Bank | | Consumer Bank | | Wealth Management | | Other | | | | | | Consolidated | | | (In millions) | | Net interest income | $ | 441 | | | $ | 710 | | | $ | 43 | | | $ | — | | | | | | | $ | 1,194 | | | Provision for credit losses | 65 | | | 59 | | | — | | | — | | | | | | | 124 | | | Non-interest income (loss): | | | | | | | | | | | | | | | Service charges on deposit accounts | 64 | | | 96 | | | 1 | | | — | | | | | | | 161 | | | Card and ATM fees | 11 | | | 106 | | | — | | | — | | | | | | | 117 | | | Investment management and trust fee income | — | | | — | | | 86 | | | — | | | | | | | 86 | | | Capital markets income | 79 | | | — | | | 1 | | | — | | | | | | | 80 | | | Mortgage income | — | | | 40 | | | — | | | — | | | | | | | 40 | | | Investment services fee income | — | | | — | | | 43 | | | — | | | | | | | 43 | | | Commercial credit fee income | 27 | | | — | | | — | | | — | | | | | | | 27 | | | Bank-owned life insurance | — | | | — | | | — | | | 23 | | | | | | | 23 | | | Securities gains (losses), net | — | | | — | | | — | | | (25) | | | | | | | (25) | | Market value adjustments on employee benefit assets | — | | | — | | | — | | | (3) | | | | | | | (3) | | | Other miscellaneous income (loss) | 42 | | | 19 | | | — | | | (20) | | | | | | | 41 | | Total non-interest income (loss) | 223 | | | 261 | | | 131 | | | (25) | | | | | | | 590 | | Non-interest expense: | | | | | | | | | | | | | | | Salaries and employee benefits | 145 | | | 194 | | | 70 | | | 216 | | | | | | | 625 | | | Equipment and software expense | 5 | | | 25 | | | — | | | 69 | | | | | | | 99 | | | Net occupancy expense | 7 | | | 53 | | | 3 | | | 7 | | | | | | | 70 | | Other expenses (benefits) (1) | 153 | | | 320 | | | 48 | | | (276) | | | | | | | 245 | | Total non-interest expense | 310 | | | 592 | | | 121 | | | 16 | | | | | | | 1,039 | | | Income (loss) before income taxes | 289 | | | 320 | | | 53 | | | (41) | | | | | | | 621 | | | Income tax expense (benefit) | 72 | | | 80 | | | 13 | | | (34) | | | | | | | 131 | | | Net income (loss) | $ | 217 | | | $ | 240 | | | $ | 40 | | | $ | (7) | | | | | | | $ | 490 | | | Average assets | $ | 69,289 | | | $ | 37,667 | | | $ | 2,133 | | | $ | 47,787 | | | | | | | $ | 156,876 | |
_____ (1) Other expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.
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