SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables present the condensed income statements by segment and include the significant segment expenses and measure of segment profit or loss.






























































dollars in millions			Three Months Ended March 31, 2026
			General Bank						Commercial Bank						Rail						Corporate (1)						BancShares (2)
Net interest income (expense)			$	813					$	802					$	(58)					$	64					$	1,621
Rental income on operating lease equipment			—						55						226						—						281
All other noninterest income			172						230						9						—						411
Total noninterest income			172						285						235						—						692
Total revenue			985						1,087						177						64						2,313
Depreciation on operating lease equipment			—						43						58						—						101
Maintenance and other operating lease expenses			—						—						65						—						65
Personnel cost			215						199						8						447						869
Acquisition-related expenses			—						—						—						5						5
All other noninterest expense (3)			385						404						17						(310)						496
Total noninterest expense			600						646						148						142						1,536

Provision for credit losses			17						55						—						—						72
Income (loss) before income taxes			368						386						29						(78)						705
Income tax expense (benefit)			90						95						7						(21)						171
Net income (loss)			$	278					$	291					$	22					$	(57)					$	534
Select Period End Balances
Loans and leases			$	64,367					$	84,263					$	62					$	—					$	148,692
Operating lease equipment, net			—						717						8,968						—						9,685
Investment securities			—						—						—						42,986						42,986
Deposits			75,914						47,191						2						47,735						170,842





			Three Months Ended March 31, 2025
			General Bank						Commercial Bank						Rail						Corporate (1)						BancShares (2)
Net interest income (expense)			$	788					$	786					$	(52)					$	141					$	1,663
Rental income on operating lease equipment			—						56						214						—						270
All other noninterest income			164						201						2						(2)						365
Total noninterest income			164						257						216						(2)						635
Total revenue			952						1,043						164						139						2,298
Depreciation on operating lease equipment			—						44						54						—						98
Maintenance and other operating lease expenses			—						—						58						—						58
Personnel cost			210						190						8						410						818
Acquisition-related expenses			—						—						—						42						42
All other noninterest expense (3)			355						420						14						(312)						477
Total noninterest expense			565						654						134						140						1,493

Provision for credit losses			46						108						—						—						154
Income (loss) before income taxes			341						281						30						(1)						651
Income tax expense			88						72						8						—						168
Net income (loss)			$	253					$	209					$	22					$	(1)					$	483
Select Period End Balances
Loans and leases			$	64,847					$	76,449					$	62					$	—					$	141,358
Operating lease equipment, net			—						731						8,640						—						9,371
Investment securities			—						—						—						44,319						44,319
Deposits			74,309						40,014						12						44,990						159,325





























(1) Corporate includes all other financial information that is not included in the reportable segments.
(2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate.
(3) All other noninterest expense represents “other segment items” under Accounting Standards Codification 280 and primarily includes allocated expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of allocated expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.