v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 534 $ 483  
Adjustments to reconcile net income to cash provided by operating activities:      
Provision for credit losses 72 154  
Deferred tax expense (benefit) 8 (40)  
Depreciation, amortization, and accretion, net 180 93  
Fair value adjustment on marketable equity securities, net (3) 5  
Gain on sale of loans, net (5) (2)  
Gain on sale of operating lease equipment, net (11) (5)  
Gain on sale of premises and equipment, net 0 (1)  
(Gain) loss on other real estate owned, net (1) 8  
Loss on extinguishment of debt 8 0  
Origination of loans held for sale (289) (297)  
Proceeds from sale of loans held for sale 461 293  
Impairment of premises and equipment and other assets 0 4  
Net change in other assets (103) 24  
Net change in other liabilities (680) (610)  
Other operating activities 1 (11)  
Net cash provided by operating activities 172 98  
CASH FLOWS FROM INVESTING ACTIVITIES      
Net increase in interest-earning deposits at banks (3,388) (3,328)  
Purchases of investment securities available for sale (2,827) (1,855)  
Proceeds from maturities of investment securities available for sale 1,159 894  
Proceeds from sales of investment securities available for sale 0 1,196  
Purchases of investment securities held to maturity (59) (217)  
Proceeds from maturities of investment securities held to maturity 170 139  
Net decrease (increase) in securities purchased under agreements to resell 9 (187)  
Net increase in loans (1,407) (1,368)  
Proceeds from sales of loans 128 41  
Net increase in credit balances of factoring clients 92 129  
Purchases of operating lease equipment (194) (170)  
Proceeds from sales of operating lease equipment 55 63  
Purchases of premises and equipment (141) (103)  
Proceeds from sales of other real estate owned 15 3  
Other investing activities (149) (114)  
Net cash used in investing activities (6,537) (4,877)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in time deposits 2,007 (1,257)  
Net increase in demand and other interest-bearing deposits 7,257 5,370  
Net (decrease) increase in securities sold under agreements to repurchase (54) 83  
Repayment of long-term borrowings (2,503) (1)  
Net proceeds from issuance of long-term borrowings 497 1,242  
Issuance of Series E preferred stock 390 0  
Repurchase of Class A common stock (899) (618)  
Cash dividends paid (51) (42)  
Net cash provided by financing activities 6,644 4,777  
Change in cash and due from banks 279 (2)  
Cash and due from banks at beginning of period 801 814 $ 814
Cash and due from banks at end of period 1,080 812 $ 801
Cash paid during the period for:      
Interest 1,161 1,224  
Income taxes 51 40  
Significant non-cash investing and financing activities:      
Transfers of loans to other real estate 0 52  
Transfer of assets from held for investment to held for sale 666 139  
Transfer of assets from held for sale to held for investment 32 0  
Commitments extended during the period on affordable housing investment credits $ 0 $ 108