v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Interest and fees on loans and leases $ 885 $ 895
Interest and fees on loans held for sale 7 9
Interest on investment securities 71 69
Interest on trading securities 23 20
Interest on other earning assets 18 21
Total interest income 1,004 1,014
Interest expense    
Interest on deposits 284 329
Interest on trading liabilities 7 7
Interest on short-term borrowings 28 29
Interest on term borrowings 18 18
Total interest expense 337 383
Net interest income 667 631
Provision for credit losses 15 40
Net interest income after provision for credit losses 652 591
Noninterest income    
Fixed income 53 49
Deposit transactions and cash management 43 40
Brokerage, management fees and commissions 29 26
Card and digital banking fees 18 18
Other service charges and fees 16 12
Trust services and investment management 13 12
Mortgage banking income 9 8
Securities gains (losses), net (1) 0
Other income 15 16
Total noninterest income 195 181
Noninterest expense    
Personnel expense 289 279
Computer software 38 32
Net occupancy expense 35 35
Operations services 25 23
Legal and professional fees 16 14
Deposit insurance expense 13 13
Equipment expense 11 10
Advertising and public relations 10 10
Amortization of intangible assets 8 10
Other expense 60 61
Total noninterest expense 505 487
Income before income taxes 342 285
Income tax expense 76 63
Net income 266 222
Net income attributable to noncontrolling interest 4 4
Net income attributable to controlling interest 262 218
Preferred stock dividends 5 5
Net income available to common shareholders 257 213
Net income available to common shareholders $ 257 $ 213
Basic earnings per common share (in dollars per share) $ 0.54 $ 0.41
Diluted earnings per common share (in dollars per share) $ 0.53 $ 0.41
Weighted average common shares (in shares) 480,307 517,116
Diluted average common shares (in shares) 486,868 523,423