| Schedule of Operating Results and Key Financial Measures by Operating Segments |
The following tables present the operating results and other key financial measures for the individual operating segments as of and for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Consumer and Business Banking | | Commercial Banking | | Treasury and Other | | Total | | Three Months Ended March 31, 2026 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net interest income before provision for (reversal of) credit losses | | $ | 269,247 | | | $ | 261,286 | | | $ | 140,660 | | | $ | 671,193 | | | Noninterest income | | 39,962 | | | 54,331 | | | 8,263 | | | 102,556 | | Total revenue before provision for (reversal of) credit losses | | 309,209 | | | 315,617 | | | 148,923 | | | 773,749 | | Provision for (reversal of) credit losses | | 9,185 | | | 27,007 | | | (192) | | | 36,000 | | | Compensation and employee benefits | | 70,096 | | | 74,844 | | | 27,725 | | | 172,665 | | Other noninterest expense (1) | | 62,005 | | | 36,470 | | | 9,174 | | | 107,649 | | | Total noninterest expense | | 132,101 | | | 111,314 | | | 36,899 | | | 280,314 | | Segment income before income taxes | | 167,923 | | | 177,296 | | | 112,216 | | | 457,435 | | | | | | | | | | | | Segment net income | | $ | 120,864 | | | $ | 127,639 | | | $ | 109,293 | | | $ | 357,796 | | | Average balances: | | | | | | | | | | Loans | | $ | 21,034,978 | | | $ | 36,019,671 | | | $ | — | | (2) | $ | 57,054,649 | | | Deposits | | $ | 35,048,413 | | | $ | 28,087,719 | | | $ | 4,411,502 | | | $ | 67,547,634 | | | As of March 31, 2026 | | | | | | | | | | | | | | | | | | | Segment assets | | $ | 21,626,337 | | | $ | 38,707,909 | | | $ | 22,551,906 | | | $ | 82,886,152 | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Consumer and Business Banking | | Commercial Banking | | Treasury and Other | | Total | | Three Months Ended March 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net interest income before provision for credit losses | | $ | 269,733 | | | $ | 253,001 | | | $ | 77,467 | | | $ | 600,201 | | | Noninterest income | | 32,285 | | | 53,579 | | | 6,238 | | | 92,102 | | | Total revenue before provision for credit losses | | 302,018 | | | 306,580 | | | 83,705 | | | 692,303 | | | Provision for credit losses | | 7,685 | | | 40,779 | | | 536 | | | 49,000 | | | Compensation and employee benefits | | 61,964 | | | 61,187 | | | 23,284 | | | 146,435 | | Other noninterest expense (1) | | 57,192 | | | 42,318 | | | 6,203 | | | 105,713 | | | Total noninterest expense | | 119,156 | | | 103,505 | | | 29,487 | | | 252,148 | | | Segment income before income taxes | | 175,177 | | | 162,296 | | | 53,682 | | | 391,155 | | | | | | | | | | | Segment net income | | $ | 123,088 | | | $ | 114,025 | | | $ | 53,157 | | | $ | 290,270 | | | Average balances: | | | | | | | | | | Loans | | $ | 19,762,287 | | | $ | 33,211,037 | | | $ | 364,387 | | | $ | 53,337,711 | | Deposits (3) | | $ | 32,326,906 | | | $ | 26,129,141 | | | $ | 4,181,535 | | | $ | 62,637,582 | | | As of March 31, 2025 | | | | | | | | | | | | | | | | | | | Segment assets | | $ | 20,404,813 | | | $ | 35,790,014 | | | $ | 19,970,186 | | | $ | 76,165,013 | | | | | | | | | | |
(1)The Consumer and Business Banking segment's other noninterest expense is primarily comprised of corporate overhead allocated expenses, occupancy and equipment expense, and other operating expenses. The Commercial Banking segment’s other noninterest expense is primarily comprised of corporate overhead allocated expenses, occupancy and equipment expense, deposit account expense, and other operating expenses. The Treasury and Other segment's other noninterest expense is primarily comprised of amortization of tax credit and CRA investments, and other operating expenses, net of any corporate overhead expenses allocated to other segments. (2)Reallocated to the Commercial Banking and Consumer and Business Banking segments effective first quarter of 2026. (3)Prior period balances have been reclassified for comparability due to a change in allocation methodology.
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