Document


	Three Months Ended															Increase (Decrease) From LQ (4)				Six Months Ended						Increase (Decrease) From PYTD
dollars in millions, except per share data	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025							June 30, 2026			June 30, 2025
Results of Operations:
Net interest income	$	1,656		$	1,621		$	1,722		$	1,734		$	1,695		$	35	2.2	%	$	3,277		$	3,358		$	(81)	(2.4)	%
(Benefit) provision for credit losses	(10)			72			54			191			115			(82)		(113.9)		62			269			(207)		(77.0)
Net interest income after provision for credit losses	1,666			1,549			1,668			1,543			1,580			117		7.5		3,215			3,089			126		4.1
Noninterest income	776			692			715			699			678			84		12.1		1,468			1,313			155		11.8
Noninterest expense	1,551			1,536			1,572			1,491			1,500			15		0.9		3,087			2,993			94		3.1
Income before income taxes	891			705			811			751			758			186		26.4		1,596			1,409			187		13.4
Income tax expense	219			171			231			183			183			48		27.6		390			351			39		11.2
Net income	672			534			580			568			575			138		26.1		1,206			1,058			148		14.1
Preferred stock dividends	32			26			14			14			14			6		27.2		58			29			29		98.9
Net income available to common stockholders	$	640		$	508		$	566		$	554		$	561		$	132	26.0	%	$	1,148		$	1,029		$	119	11.7	%
Adjusted net income available to common stockholders (1)	$	659		$	534		$	634		$	573		$	593		$	125	23.1	%	$	1,193		$	1,106		$	87	7.9	%
Pre-tax, pre-provision net revenue (PPNR) (1)	881			777			865			942			873			104		13.4		1,658			1,678			(20)		(1.1)
Adjusted PPNR (1)	896			811			883			973			929			85		10.5		1,707			1,794			(87)		(4.9)
Per Share Information:
Diluted earnings per common share (EPS)	$	55.52		$	42.63		$	45.81		$	43.08		$	42.36		$	12.89	30.2	%	$	97.95		$	76.73		$	21.22	27.7	%
Adjusted diluted EPS (1)	57.09			44.86			51.27			44.62			44.78			12.23		27.3		101.76			82.48			19.28		23.4
Book value per common share at period end	1,767.79			1,735.18			1,718.71			1,672.54			1,637.72			32.61		1.9
Tangible book value per common share (TBV) (1) at period end	1,722.35			1,689.96			1,674.11			1,628.64			1,594.38			32.39		1.9
Key Performance Metrics:
Return on average assets (ROA)	1.15		%	0.93		%	0.99		%	0.98		%	1.01		%	22		bps (5)		1.04		%	0.94		%	10		bps
Adjusted ROA (1)	1.18			0.97			1.10			1.01			1.07			21				1.08			1.01			7
PPNR ROA (1)	1.50			1.35			1.47			1.62			1.54			15				1.43			1.49			(6)
Adjusted PPNR ROA (1)	1.53			1.41			1.50			1.67			1.64			12				1.47			1.60			(13)
Return on average common equity (ROE)	12.58			9.88			10.66			10.26			10.41			270				11.22			9.61			161
Adjusted ROE (1)	12.94			10.39			11.93			10.62			11.00			255				11.66			10.33			133
Return on average tangible common equity (ROTCE) (1)	12.92			10.14			10.94			10.53			10.69			278				11.52			9.87			165
Adjusted ROTCE (1)	13.28			10.67			12.25			10.91			11.30			261				11.97			10.61			136
Efficiency ratio	63.75			66.41			64.53			61.27			63.22			(266)				65.05			64.08			97
Adjusted efficiency ratio (1)	60.05			62.13			60.79			56.78			57.92			(208)				61.06			58.75			231
Net interest margin (NIM) (2)	3.10			3.09			3.20			3.26			3.26			1				3.09			3.26			(17)
NIM, excluding purchase accounting accretion (PAA) (1) (2)	3.01			3.01			3.11			3.15			3.14			—				3.01			3.13			(12)
Select Balance Sheet Items at Period End:
Total investment securities	$	43,557		$	42,986		$	41,564		$	45,124		$	43,346		$	571	1.30	%
Total loans and leases	151,034			148,692			147,930			144,758			141,269			2,342		1.60
Total operating lease equipment, net	9,755			9,685			9,621			9,446			9,466			70		0.70
Total deposits	173,427			170,842			161,578			163,190			159,935			2,585		1.50
Total borrowings	32,188			33,962			36,008			38,675			38,112			(1,774)		(5.20)
Loan to deposit ratio	87.09		%	87.04		%	91.55		%	88.71		%	88.33		%	5		bps
Noninterest-bearing deposits to total deposits	24.49			25.52			25.16			26.20			25.56			(103)
Capital Ratios at Period End: (3)
Total risk-based capital ratio	13.37		%	13.51		%	13.71		%	14.05		%	14.25		%	(14)		bps
Tier 1 risk-based capital ratio	11.73			11.79			11.91			12.15			12.63			(6)
Common equity Tier 1 ratio	10.77			10.83			11.15			11.65			12.12			(6)
Tier 1 leverage capital ratio	9.22			9.30			9.29			9.34			9.62			(8)
Asset Quality at Period End:
Nonaccrual loans to total loans and leases	0.96		%	0.96		%	0.88		%	0.97		%	0.93		%	—		bps
Allowance for loan and lease losses (ALLL) to loans and leases	0.98			1.05			1.06			1.14			1.18			(7)
Net charge-off ratio for the period	0.29			0.30			0.39			0.65			0.33			(1)				0.29			0.37			(8)		bps

(1) Denotes a non-GAAP measure. Refer to the non-GAAP reconciliation tables included at the end of this financial supplement for a reconciliation to the most directly comparable GAAP measure. “Adjusted” items exclude the impacts of Notable Items.
(2) Calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
(3) Capital ratios as of the current quarter-end are preliminary pending completion of quarterly regulatory filings.
(4) Linked quarter
(5) Basis points
Note: Percent changes within this Financial Supplement are based on unrounded amounts and may not recalculate precisely using the displayed rounded amounts.


dollars in millions, except share data	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025		Increase (Decrease) From LQ
Assets
Cash and due from banks	$	1,519	$	1,080	$	801	$	874	$	889	$	439	40.7	%
Interest-earning deposits at banks	21,132		23,189		19,801		24,798		26,184		(2,057)		(8.9)
Securities purchased under agreements to resell	737		223		232		83		300		514		231.3
Investment in marketable equity securities	156		130		127		110		97		26		20.6
Investment securities available for sale	33,983		33,314		31,790		34,963		33,060		669		2.0
Investment securities held to maturity	9,418		9,542		9,647		10,051		10,189		(124)		(1.3)
Assets held for sale	93		1,122		804		112		125		(1,029)		(91.7)
Loans and leases	151,034		148,692		147,930		144,758		141,269		2,342		1.6
Allowance for loan and lease losses	(1,484)		(1,558)		(1,566)		(1,652)		(1,672)		(74)		(4.7)
Loans and leases, net of allowance for loan and lease losses	149,550		147,134		146,364		143,106		139,597		2,416		1.6
Operating lease equipment, net	9,755		9,685		9,621		9,446		9,466		70		0.7
Premises and equipment, net	2,523		2,499		2,447		2,283		2,115		24		1.0
Goodwill	346		346		346		346		346		—		—
Other intangible assets, net	171		182		195		208		221		(11)		(6.0)
Other assets	7,459		7,513		7,523		7,108		7,064		(54)		(0.7)
Total assets	$	236,842	$	235,959	$	229,698	$	233,488	$	229,653	$	883	0.4	%
Liabilities
Deposits:
Noninterest-bearing	$	42,475	$	43,606	$	40,653	$	42,752	$	40,879	$	(1,131)	(2.6)	%
Interest-bearing	130,952		127,236		120,925		120,438		119,056		3,716		2.9
Total deposits	173,427		170,842		161,578		163,190		159,935		2,585		1.5
Credit balances of factoring clients	1,339		1,284		1,148		1,326		1,077		55		4.3
Borrowings:


Short-term borrowings	152		170		224		423		471		(18)		(10.6)




Long-term borrowings	32,036		33,792		35,784		38,252		37,641		(1,756)		(5.2)
Total borrowings	32,188		33,962		36,008		38,675		38,112		(1,774)		(5.2)
Other liabilities	7,988		7,823		8,726		8,311		8,233		165		2.1
Total liabilities	214,942		213,911		207,460		211,502		207,357		1,031		0.5
Stockholders’ equity
Preferred stock	1,765		1,765		1,375		881		881		—		—
Common stock:
Class A - $1 par value	10		11		11		12		12		(1)		(2.8)
Class B - $1 par value	1		1		1		1		1		—		—
Additional paid in capital	—		—		—		270		1,179		—		—
Retained earnings	20,354		20,343		20,768		20,866		20,337		11		0.1
Accumulated other comprehensive (loss) income	(230)		(72)		83		(44)		(114)		(158)		220.0
Total stockholders’ equity	21,900		22,048		22,238		21,986		22,296		(148)		(0.7)
Total liabilities and stockholders’ equity	$	236,842	$	235,959	$	229,698	$	233,488	$	229,653	$	883	0.4	%


	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions, except share and per share data	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Interest income
Loans and leases	$	2,253	$	2,206	$	2,290	$	2,300	$	2,270	$	47	2.1	%	$	4,459	$	4,506	$	(47)	(1.1)	%
Investment securities	401		384		424		433		419		17		4.4		785		833		(48)		(5.6)
Deposits at banks	197		196		226		265		256		1		0.5		393		501		(108)		(21.6)
Total interest income	2,851		2,786		2,940		2,998		2,945		65		2.3		5,637		5,840		(203)		(3.5)
Interest expense
Deposits	881		833		861		911		894		48		5.8		1,714		1,787		(73)		(4.1)
Borrowings	314		332		357		353		356		(18)		(5.4)		646		695		(49)		(7.0)
Total interest expense	1,195		1,165		1,218		1,264		1,250		30		2.6		2,360		2,482		(122)		(4.9)
Net interest income	1,656		1,621		1,722		1,734		1,695		35		2.2		3,277		3,358		(81)		(2.4)
(Benefit) provision for credit losses	(10)		72		54		191		115		(82)		(113.9)		62		269		(207)		(77.0)
Net interest income after provision for credit losses	1,666		1,549		1,668		1,543		1,580		117		7.5		3,215		3,089		126		4.1
Noninterest income
Rental income on operating lease equipment	280		281		281		273		272		(1)		(0.1)		561		542		19		3.5
Lending-related fees	73		69		64		67		69		4		4.4		142		135		7		4.9
Deposit fees and service charges	74		70		63		61		59		4		5.1		144		117		27		23.1
Client investment fees	59		53		54		58		52		6		13.8		112		105		7		7.6
Wealth management services	62		59		61		57		55		3		4.5		121		111		10		8.6
International fees	36		35		37		34		33		1		(0.4)		71		65		6		8.9
Factoring commissions	18		17		20		18		18		1		8.1		35		35		—		—
Cardholder services, net	38		38		37		39		41		—		—		76		82		(6)		(6.9)
Merchant services, net	13		13		13		12		13		—		—		26		27		(1)		(3.4)
Insurance commissions	13		13		12		13		14		—		—		26		28		(2)		(7.5)
Realized gain (loss) on sale of investment securities, net	—		—		3		—		—		—		—		—		—		—		—
Fair value adjustment on marketable equity securities, net	15		3		12		13		2		12		370.3		18		(3)		21		759.6
Gain on sale of leasing equipment, net	14		11		14		3		8		3		15.0		25		13		12		91.9

Loss on extinguishment of debt	(7)		(8)		(9)		—		—		1		11.6		(15)		—		(15)		(100.0)
Other noninterest income	88		38		53		51		42		50		138.1		126		56		70		126.7
Total noninterest income	776		692		715		699		678		84		12.1		1,468		1,313		155		11.8
Noninterest expense
Depreciation on operating lease equipment	101		101		102		98		100		—		—		202		198		4		2.0
Maintenance and other operating lease expenses	67		65		64		67		55		2		3.4		132		113		19		16.5
Personnel cost	844		869		849		817		810		(25)		(2.9)		1,713		1,628		85		5.3
Net occupancy expense	59		60		61		58		61		(1)		(0.9)		119		119		—		—
Equipment expense	141		136		151		137		131		5		2.9		277		267		10		3.7
Professional fees	26		24		34		26		30		2		4.2		50		55		(5)		(10.1)
Third-party processing fees	100		93		75		67		63		7		6.7		193		126		67		52.5
FDIC insurance expense	39		38		27		38		38		1		—		77		76		1		0.9
Marketing expense	45		30		45		33		32		15		48.9		75		64		11		17.2
Acquisition-related expenses	8		5		33		28		38		3		90.4		13		80		(67)		(83.7)
Intangible asset amortization	11		13		13		13		13		(2)		(13.8)		24		28		(4)		(16.6)
Other noninterest expense	110		102		118		109		129		8		8.8		212		239		(27)		(11.2)
Total noninterest expense	1,551		1,536		1,572		1,491		1,500		15		0.9		3,087		2,993		94		3.1
Income before income taxes	891		705		811		751		758		186		26.4		1,596		1,409		187		13.4
Income tax expense	219		171		231		183		183		48		27.6		390		351		39		11.2
Net income	$	672	$	534	$	580	$	568	$	575	$	138	26.1	%	$	1,206	$	1,058	$	148	14.1	%
Preferred stock dividends	32		26		14		14		14		6		27.2		58		29		29		98.9
Net income available to common stockholders	$	640	$	508	$	566	$	554	$	561	$	132	26.0	%	$	1,148	$	1,029	$	119	11.7	%

Basic and diluted earnings per common share	$	55.52	$	42.63	$	45.81	$	43.08	$	42.36	$	12.89	30.2	%	$	97.95	$	76.73	$	21.22	27.7	%

Weighted average common shares outstanding (basic and diluted)	11,535,792		11,924,899		12,363,028		12,849,339		13,237,226		(389,107)		(3.3)		11,729,271		13,405,295		(1,676,024)		(12.5)



dollars in millions, except share per share data	Three Months Ended										Increase (Decrease) From LQ		Six Months Ended					Increase (Decrease) From PYTD
	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025				June 30, 2026	June 30, 2025

Noninterest income (GAAP)	$	776	$	692	$	715	$	699	$	678	$	84		$	1,468	$	1,313		$	155
Noninterest income notable items:
Rental income on operating lease equipment (2)	(168)		(166)		(166)		(165)		(155)		(2)			(334)		(311)			(23)
Realized gain on sale of investment securities, net	—		—		(3)		—		—		—			—		—			—
Fair value adjustment on marketable equity securities, net	(15)		(3)		(12)		(13)		(2)		(12)			(18)		3			(21)
Gain on sale of leasing equipment, net	(14)		(11)		(14)		(3)		(8)		(3)			(25)		(13)			(12)

Loss on extinguishment of debt	7		8		9		—		—		(1)			15		—			15

Total noninterest income notable items	(190)		(172)		(186)		(181)		(165)		(18)			(362)		(321)			(41)
Adjusted noninterest income (non-GAAP) (a)	586		520		529		518		513		66			1,106		992			114

Noninterest expense (GAAP)	1,551		1,536		1,572		1,491		1,500		15			3,087		2,993			94
Noninterest expense notable items:
Depreciation on operating lease equipment (2)	(101)		(101)		(102)		(98)		(100)		—			(202)		(198)			(4)
Maintenance and other operating lease equipment expense (2)	(67)		(65)		(64)		(67)		(55)		(2)			(132)		(113)			(19)
Personnel cost (3)	(8)		(12)		—		(6)		—		4			(20)		—			(20)
Professional fees (4)	(5)		(6)		—		—		—		1			(11)		—			(11)
FDIC insurance special assessment	—		—		12		—		—		—			—		—			—
Acquisition-related expenses	(8)		(5)		(33)		(28)		(38)		(3)			(13)		(80)			67
Intangible asset amortization	(11)		(13)		(13)		(13)		(13)		2			(24)		(28)			4
Other noninterest expense (5)	(5)		(4)		(4)		—		(15)		(1)			(9)		(18)			9
Total noninterest expense notable items	(205)		(206)		(204)		(212)		(221)		1			(411)		(437)			26
Adjusted noninterest expense (non-GAAP) (b)	1,346		1,330		1,368		1,279		1,279		16			2,676		2,556			120

Impact of notable items on adjusted pre-tax income (a)-(b)	15		34		18		31		56		(19)			49		116			(67)
Less: income tax impact of notable items (6)	(4)		8		(50)		12		24		(12)			4		39			(35)
Impact of notable items on adjusted net income	$	19	$	26	$	68	$	19	$	32	$	(7)		$	45	$	77		$	(32)

Impact of notable items on adjusted basic and diluted EPS	$	1.57	$	2.23	$	5.46	$	1.54	$	2.42	$	(0.66)		$	3.81	$	5.75		$	(1.94)
Weighted average common shares outstanding (basic and diluted)	11,535,792		11,924,899		12,363,028		12,849,339		13,237,226		(389,107)			11,729,271		13,405,295			(1,676,024)


	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Loans and leases (1) (2)	$	149,275	$	148,666	$	145,689	$	141,785	$	140,699	$	609	0.4	%	$	148,973	$	140,099	$	8,874	6.3	%
Investment securities	42,891		41,757		44,306		44,827		43,935		1,134		2.7		42,327		43,746		(1,419)		(3.2)
Securities purchased under agreements to resell	323		305		285		284		237		18		5.7		314		260		54		21.0
Interest-earning deposits at banks	21,501		21,824		23,014		24,146		23,304		(323)		(1.5)		21,662		23,003		(1,341)		(5.8)
Total interest-earning assets (2)	$	213,990	$	212,552	$	213,294	$	211,042	$	208,175	$	1,438	0.7	%	$	213,276	$	207,108	$	6,168	3.0	%

Operating lease equipment, net	$	9,728	$	9,660	$	9,495	$	9,463	$	9,419	$	68	0.7	%	$	9,694	$	9,385	$	309	3.3	%
Cash and due from banks	1,161		921		847		757		804		240		26.1		1,042		795		247		30.4
Allowance for loan and lease losses	(1,579)		(1,587)		(1,649)		(1,702)		(1,713)		8		0.5		(1,583)		(1,709)		126		7.4
All other noninterest-earning assets	11,900		11,635		11,445		10,969		10,867		265		2.3		11,768		10,927		841		7.7
Total assets	$	235,200	$	233,181	$	233,432	$	230,529	$	227,552	$	2,019	0.9	%	$	234,197	$	226,506	$	7,691	3.4	%
Interest-bearing deposits
Checking with interest	$	26,146	$	25,341	$	23,907	$	23,028	$	22,929	$	805	3.2	%	$	25,746	$	23,427	$	2,319	9.9	%
Money market	40,889		41,196		39,792		39,396		37,980		(307)		(0.7)		41,041		37,373		3,668		9.8
Savings	48,357		46,720		46,618		47,005		46,163		1,637		3.5		47,543		45,046		2,497		5.5
Time deposits	13,993		11,946		11,116		11,146		11,510		2,047		17.1		12,975		12,060		915		7.6
Total interest-bearing deposits	129,385		125,203		121,433		120,575		118,582		4,182		3.3		127,305		117,906		9,399		8.0
Borrowings:
Securities sold under customer repurchase agreements	$	162	$	197	$	265	$	442	$	471	$	(35)	(17.6)	%	180		450		(270)		(60.1)	%



Senior unsecured borrowings	1,136		718		556		555		555		418		58.2		928		363		565		155.6
Subordinated debt	1,755		1,771		1,774		1,350		1,473		(16)		(0.9)		1,763		1,218		545		44.8
Other borrowings	30,176		32,648		35,601		35,911		35,880		(2,472)		(7.6)		31,405		35,861		(4,456)		(12.4)
Long-term borrowings	33,067		35,137		37,931		37,816		37,908		(2,070)		(5.9)		34,096		37,442		(3,346)		(8.9)
Total borrowings	33,229		35,334		38,196		38,258		38,379		(2,105)		(6.0)		34,276		37,892		(3,616)		(9.5)
Total interest-bearing liabilities	$	162,614	$	160,537	$	159,629	$	158,833	$	156,961	$	2,077	1.3	%	$	161,581	$	155,798	$	5,783	3.7	%

Noninterest-bearing deposits	$	41,254	$	40,724	$	41,758	$	40,049	$	39,082	$	530	1.3	%	$	40,991	$	39,118	$	1,873	4.8	%
Credit balances of factoring clients	1,327		1,224		1,358		1,175		1,157		103		(8.4)		1,276		1,123		153		(13.6)
Other noninterest-bearing liabilities	7,825		8,209		8,490		8,181		7,864		(384)		(4.7)		8,017		7,995		22		0.3
Stockholders' equity	22,180		22,487		22,197		22,291		22,488		(307)		(1.4)		22,332		22,472		(140)		(0.6)
Total liabilities and stockholders’ equity	$	235,200	$	233,181	$	233,432	$	230,529	$	227,552	$	2,019	0.9	%	$	234,197	$	226,506	$	7,691	3.4	%






(1) Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes loan PAA income and loan fees.
(2) The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
Note: Certain items above do not precisely recalculate as presented due to rounding.


	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Loans and leases (1) (2)	$	2,253	$	2,206	$	2,290	$	2,300	$	2,270	$	47	2.1	%	$	4,459	$	4,506	$	(47)	(1.1)	%
Investment securities	398		382		421		430		416		16		4.4		780		827		(47)		(5.6)
Securities purchased under agreements to resell	3		2		3		3		3		1		5.5		5		6		(1)		0.7
Interest-earning deposits at banks	197		196		226		265		256		1		0.5		393		501		(108)		(21.6)
Total interest-earning assets (2)	$	2,851	$	2,786	$	2,940	$	2,998	$	2,945	$	65	2.3	%	$	5,637	$	5,840	$	(203)	(3.5)	%






Interest-bearing deposits
Checking with interest	$	104	$	95	$	94	$	99	$	97	$	9	10.0	%	$	199	$	201	$	(2)	(0.9)	%
Money market	240		242		260		280		269		(2)		(1.0)		482		526		(44)		(8.3)
Savings	420		398		412		435		428		22		5.4		818		845		(27)		(3.2)
Time deposits	117		98		95		97		100		19		19.9		215		215		—		—
Total interest-bearing deposits	881		833		861		911		894		48		5.8		1,714		1,787		(73)		(4.1)
Borrowings:
Securities sold under customer repurchase agreements	—		—		—		1		—		—		—		—		1		(1)		(100.0)



Senior unsecured borrowings	14		10		7		7		8		4		55.0		24		10		14		155.5
Subordinated debt	24		23		24		17		19		1		(1.1)		47		27		20		70.1
Other borrowings	276		299		326		328		329		(23)		(7.6)		575		657		(82)		(12.4)
Long-term borrowings	314		332		357		352		356		(18)		(5.4)		646		694		(48)		(6.8)
Total borrowings	314		332		357		353		356		(18)		(5.4)		646		695		(49)		(7.0)
Total interest-bearing liabilities	$	1,195	$	1,165	$	1,218	$	1,264	$	1,250	$	30	2.6	%	$	2,360	$	2,482	$	(122)	(4.9)	%







Net interest income	$	1,656	$	1,621	$	1,722	$	1,734	$	1,695	$	35	2.2	%	$	3,277	$	3,358	$	(81)	(2.4)	%




(1) Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes loan PAA income and loan fees.
(2) The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
Note: Certain items above do not precisely recalculate as presented due to rounding.


	Three Months Ended										Increase (Decrease) From LQ in bps	Six Months Ended				Increase (Decrease) From PYTD in bps
	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025			June 30, 2026		June 30, 2025
Loans and leases (1) (2)	6.05	%	6.01	%	6.24	%	6.44	%	6.47	%	4	6.03	%	6.48	%	(45)
Investment securities	3.72		3.67		3.80		3.83		3.79		5	3.70		3.79		(9)
Securities purchased under agreements to resell	3.60		3.65		4.00		4.32		4.34		(5)	3.63		4.36		(73)
Interest-earning deposits at banks	3.67		3.64		3.90		4.36		4.40		3	3.65		4.39		(74)
Total interest-earning assets (2)	5.34	%	5.30	%	5.48	%	5.64	%	5.67	%	4	5.32	%	5.67	%	(35)






Interest-bearing deposits
Checking with interest	1.60	%	1.52	%	1.57	%	1.70	%	1.69	%	8	1.56	%	1.73	%	(17)
Money market	2.35		2.38		2.59		2.82		2.84		(3)	2.37		2.84		(47)
Savings	3.48		3.46		3.51		3.66		3.72		2	3.47		3.79		(32)
Time deposits	3.36		3.31		3.38		3.45		3.48		5	3.34		3.60		(26)
Total interest-bearing deposits	2.73		2.70		2.81		3.00		3.02		3	2.72		3.06		(34)
Borrowings:
Securities sold under customer repurchase agreements	0.35		0.37		0.52		0.51		0.57		(2)	0.36		0.55		(19)



Senior unsecured borrowings	5.13		5.23		5.27		5.27		5.27		(10)	5.16		5.16		—
Subordinated debt	5.27		5.28		5.20		5.02		5.23		(1)	5.27		4.49		78
Other borrowings	3.66		3.66		3.67		3.66		3.66		—	3.66		3.66		—
Long-term borrowings	3.80		3.78		3.76		3.73		3.74		2	3.79		3.70		9
Total borrowings	3.78		3.76		3.74		3.70		3.71		2	3.77		3.66		11
Total interest-bearing liabilities	2.95	%	2.93	%	3.03	%	3.16	%	3.19	%	2	2.94	%	3.20	%	(26)







Net interest income
Net interest spread (2)	2.39	%	2.37	%	2.45	%	2.48	%	2.48	%	2	2.38	%	2.47	%	(9)
Net interest margin (2)	3.10	%	3.09	%	3.20	%	3.26	%	3.26	%	1	3.09	%	3.26	%	(17)


(1) Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes loan PAA income and loan fees.
(2) The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.

Note: Certain items above do not precisely recalculate as presented due to rounding.


Loans and Leases by Class											Increase (Decrease) From LQ
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025

Commercial
Commercial and industrial	$	46,574	$	45,753	$	44,721	$	44,909	$	43,929	$	821	1.8	%
Capital call lines	34,203		32,274		31,791		28,643		26,036		1,929		6.0
Owner occupied commercial mortgage	17,904		17,502		17,660		17,232		17,053		402		2.3
Investor dependent	2,624		2,714		2,778		2,772		2,777		(90)		(3.3)
Commercial real estate	23,233		23,707		23,784		23,255		23,614		(474)		(2.0)
Total commercial	124,538		121,950		120,734		116,811		113,409		2,588		2.1
Consumer
Residential mortgage	21,566		21,698		21,861		22,653		22,657		(132)		(0.6)
Revolving mortgage	2,868		2,863		2,863		2,794		2,736		5		0.2
Auto	1,261		1,332		1,416		1,463		1,490		(71)		(5.4)
Other consumer	801		849		1,056		1,037		977		(48)		(5.7)
Total consumer	26,496		26,742		27,196		27,947		27,860		(246)		(0.9)
Total loans and leases	151,034		148,692		147,930		144,758		141,269		2,342		1.6
Less: allowance for loan and lease losses	(1,484)		(1,558)		(1,566)		(1,652)		(1,672)		(74)		(4.7)
Total loans and leases, net of allowance for loan and lease losses	$	149,550	$	147,134	$	146,364	$	143,106	$	139,597	$	2,416	1.6	%


Accruing Loans, 30-89 Days Past Due																Increase (Decrease) From LQ
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025
Commercial
Commercial and industrial	$	204		$	251		$	288		$	325		$	180		$	(47)	(18.9)	%
Capital call lines	—			31			—			—			—			(31)		(100.0)
Owner occupied commercial mortgage	85			89			97			52			86			(4)		(5.3)
Investor dependent	5			8			12			3			4			(3)		(36.5)
Commercial real estate	28			97			252			119			115			(69)		(70.8)
Total commercial	322			476			649			499			385			(154)		(32.5)
Consumer
Residential mortgage	155			173			210			151			169			(18)		(9.9)
Revolving mortgage	28			27			29			19			16			1		7.3
Auto	13			12			18			12			11			1		7.4
Other consumer	7			6			8			7			9			1		3.9
Total consumer	203			218			265			189			205			(15)		(6.4)
Total loans and leases	$	525		$	694		$	914		$	688		$	590		$	(169)	(24.3)	%

As a percentage of total loans
Commercial
Commercial and industrial	0.44		%	0.55		%	0.65		%	0.72		%	0.41		%	(11)		bps
Capital call lines	—			0.10			—			—			—			(10)
Owner occupied commercial mortgage	0.47			0.51			0.55			0.30			0.50			(4)
Investor dependent	0.20			0.30			0.44			0.09			0.13			(10)
Commercial real estate	0.12			0.41			1.06			0.51			0.49			(29)
Total commercial	0.26			0.39			0.54			0.43			0.34			(13)
Consumer
Residential mortgage	0.72			0.79			0.96			0.67			0.75			(7)
Revolving mortgage	0.99			0.92			1.04			0.69			0.60			7
Auto	1.04			0.92			1.24			0.84			0.73			12
Other consumer	0.84			0.76			0.76			0.63			0.85			8
Total consumer	0.77			0.81			0.97			0.68			0.73			(4)
Total loans and leases	0.35		%	0.47		%	0.62		%	0.48		%	0.42		%	(12)		bps


Accruing Loans, 90+ Days Past Due																Increase (Decrease) From LQ
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025
Commercial
Commercial and industrial	$	37		$	35		$	63		$	10		$	10		$	2	7.4	%
Capital call lines	—			—			—			—			—			—		—
Owner occupied commercial mortgage	14			16			1			—			8			(2)		(12.1)
Investor dependent	—			—			—			—			—			—		—
Commercial real estate	197			185			171			191			113			12		6.4
Total commercial	248			236			235			201			131			12		5.3
Consumer
Residential mortgage	7			7			7			6			5			—		—
Revolving mortgage	—			—			—			—			—			—		—
Auto	—			—			—			—			—			—		—
Other consumer	1			2			2			2			2			(1)		(26.1)
Total consumer	8			9			9			8			7			(1)		(13.7)
Total loans and leases	$	256		$	245		$	244		$	209		$	138		$	11	4.5	%

As a percentage of total loans
Commercial
Commercial and industrial	0.08		%	0.08		%	0.14		%	0.02		%	0.02		%	—		bps
Capital call lines	—			—			—			—			—			—
Owner occupied commercial mortgage	0.08			0.09			—			—			0.04			(1)
Investor dependent	—			—			—			—			—			—
Commercial real estate	0.85			0.78			0.72			0.82			0.48			7
Total commercial	0.20			0.19			0.19			0.17			0.12			1
Consumer
Residential mortgage	0.03			0.03			0.03			0.03			0.02			—
Revolving mortgage	—			0.01			—			—			—			(1)
Auto	—			—			—			—			—			—
Other consumer	0.18			0.24			0.20			0.22			0.26			(6)
Total consumer	0.03			0.04			0.03			0.03			0.03			(1)
Total loans and leases	0.17		%	0.17		%	0.16		%	0.15		%	0.10		%	—		bps


Nonaccrual Loans																Increase (Decrease) From LQ
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025
Commercial
Commercial and industrial	$	498		$	461		$	456		$	595		$	583		$	37	8.0	%
Capital call lines	—			—			—			—			—			—		—
Owner occupied commercial mortgage	153			162			159			158			92			(9)		(5.2)
Investor dependent	41			37			49			61			69			4		10.2
Commercial real estate	512			524			418			383			366			(12)		(2.2)
Total commercial	1,204			1,184			1,082			1,197			1,110			20		1.7
Consumer
Residential mortgage	196			196			179			167			168			—		—
Revolving mortgage	35			38			35			33			32			(3)		(6.0)
Auto	10			10			9			8			8			—		—
Other consumer	1			1			2			1			1			—		—
Total consumer	242			245			225			209			209			(3)		(1.4)
Total loans and leases	$	1,446		$	1,429		$	1,307		$	1,406		$	1,319		$	17	1.2	%

As a percentage of total loans
Commercial
Commercial and industrial	1.07		%	1.01		%	1.02		%	1.33		%	1.33		%	6		bps
Capital call lines	—			—			—			—			—			—
Owner occupied commercial mortgage	0.86			0.93			0.90			0.91			0.54			(7)
Investor dependent	1.54			1.35			1.75			2.19			2.49			19
Commercial real estate	2.20			2.21			1.76			1.65			1.55			(1)
Total commercial	0.97			0.97			0.90			1.02			0.98			—
Consumer
Residential mortgage	0.91			0.90			0.82			0.74			0.74			1
Revolving mortgage	1.23			1.31			1.22			1.18			1.16			(8)
Auto	0.76			0.77			0.67			0.57			0.55			(1)
Other consumer	0.16			0.14			0.19			0.13			0.12			2
Total consumer	0.91			0.92			0.83			0.75			0.75			(1)
Total loans and leases	0.96		%	0.96		%	0.88		%	0.97		%	0.93		%	—		bps

Other Real Estate Owned
dollars in millions
Other real estate owned	$	113		$	110		$	119		$	95		$	97		$	3	2.4	%


Criticized Commercial Loans (1)																Increase (Decrease) From LQ
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025

Commercial and industrial	$	3,272		$	3,434		$	3,487		$	3,678		$	3,856		$	(162)	(4.7)	%
Capital call lines	—			—			—			—			—			—		—
Owner occupied commercial mortgage	924			1,004			978			1,064			1,010			(80)		(8.0)
Investor dependent	584			577			646			617			647			7		1.2
Commercial real estate	1,557			1,620			1,779			1,816			1,899			(63)		(3.9)
Total criticized commercial loans	$	6,337		$	6,635		$	6,890		$	7,175		$	7,412		$	(298)	(4.5)	%

As a percentage of total loans
Commercial and industrial	7.02		%	7.51		%	7.80		%	8.19		%	8.78		%	(49)		bps
Capital call lines	—			—			—			—			—			—
Owner occupied commercial mortgage	5.16			5.74			5.54			6.17			5.93			(58)
Investor dependent	22.28			21.28			23.22			22.26			23.30			100
Commercial real estate	6.70			6.84			7.48			7.81			8.04			(14)
Total criticized commercial loans	5.09		%	5.44		%	5.71		%	6.14		%	6.54		%	(35)		bps
(1) Consists of commercial loans rated as special mention, substandard, or doubtful.


Net Charge-offs	Three Months Ended															Increase (Decrease) From LQ				Six Months Ended						Increase (Decrease) From PYTD
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025							June 30, 2026			June 30, 2025
Commercial
Commercial and industrial	$	63		$	84		$	76		$	184		$	76		$	(21)	(23.2)	%	$	147		$	142		$	5	3.6	%
Capital call lines	—			—			—			—			—			—		—		—			—			—		—
Owner occupied commercial mortgage	1			4			4			2			1			(3)		(80.7)		5			1			4		762.6
Investor dependent	12			5			20			17			19			7		129.7		17			53			(36)		(67.5)
Commercial real estate	27			12			39			23			20			15		115.6		39			59			(20)		(34.2)
Total commercial	103			105			139			226			116			(2)		(1.2)		208			255			(47)		(18.6)
Consumer
Residential mortgage	—			(1)			(1)			4			(1)			1		100.0		(1)			(1)			—		—
Revolving mortgage	(1)			—			—			—			(1)			(1)		(100.0)		(1)			(1)			—		—
Auto	2			1			1			—			1			1		46.5		3			2			1		51.8
Other consumer	4			6			4			4			4			(2)		(21.0)		10			8			2		20.9
Total consumer	5			6			4			8			3			(1)		(32.0)		11			8			3		40.6
Total net charge-offs	$	108		$	111		$	143		$	234		$	119		$	(3)	(3.1)	%	$	219		$	263		$	(44)	(16.8)	%

Net charge-off ratio (1)
Commercial
Commercial and industrial	0.55		%	0.73		%	0.68		%	1.65		%	0.69		%	(18)		bps		0.64		%	0.64		%	—		bps
Capital call lines	—			—			—			—			—			—				—			—			—
Owner occupied commercial mortgage	0.02			0.09			0.09			0.05			0.01			(7)				0.05			0.01			4
Investor dependent	1.82			0.77			2.88			2.44			2.71			105				1.29			3.61			(232)
Commercial real estate	0.45			0.21			0.67			0.39			0.33			24				0.33			0.50			(17)
Total commercial	0.33			0.34			0.47			0.78			0.41			(1)				0.34			0.45			(11)
Consumer																				—			—
Residential mortgage	(0.01)			—			(0.02)			0.07			(0.02)			(1)				(0.01)			(0.01)			—
Revolving mortgage	(0.01)			(0.04)			(0.02)			—			(0.02)			3				(0.03)			(0.03)			—
Auto	0.30			0.53			0.23			0.25			0.21			(23)				0.42			0.24			18
Other consumer	2.08			2.28			1.54			1.42			1.68			(20)				2.16			1.65			51
Total consumer	0.07			0.10			0.05			0.12			0.05			(3)				0.08			0.06			2
Total net charge-offs (2)	0.29		%	0.30		%	0.39		%	0.65		%	0.33		%	(1)		bps		0.29		%	0.37		%	(8)		bps

(1) Annualized net charge-offs as a percentage of average loans (calculated as the average of beginning and ending balances unless otherwise noted).
(2) Annualized net charge-offs as a percentage of the average daily balance for the period.


Allowance for Loan and Lease Losses (ALLL)																Increase (Decrease) From LQ
dollars in millions	June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025
Commercial
Commercial and industrial	$	740		$	808		$	807		$	814		$	829		$	(68)	(8.3)	%
Capital call lines	28			29			29			29			48			(1)		(3.8)
Owner occupied commercial mortgage	60			52			50			52			53			8		15.4
Investor dependent	170			166			181			201			177			4		2.1
Commercial real estate	355			373			369			428			405			(18)		(5.0)
Total commercial	1,353			1,428			1,436			1,524			1,512			(75)		(5.3)
Consumer
Residential mortgage	72			70			67			69			89			2		3.5
Revolving mortgage	27			28			26			22			19			(1)		(2.6)
Auto	10			9			9			10			9			1		13.0
Other consumer	22			23			28			27			43			(1)		(4.6)
Total consumer	131			130			130			128			160			1		1.4
Total ALLL	$	1,484		$	1,558		$	1,566		$	1,652		$	1,672		$	(74)	(4.8)	%

As a percentage of loans
Commercial
Commercial and industrial	1.59		%	1.77		%	1.80		%	1.82		%	1.89		%	(18)		bps
Capital call lines	0.08			0.09			0.09			0.10			0.18			(1)
Owner occupied commercial mortgage	0.33			0.30			0.28			0.30			0.31			3
Investor dependent	6.46			6.12			6.52			7.24			6.37			34
Commercial real estate	1.53			1.58			1.55			1.84			1.72			(5)
Total commercial	1.09			1.17			1.19			1.31			1.34			(8)
Consumer
Residential mortgage	0.33			0.32			0.31			0.30			0.39			1
Revolving mortgage	0.94			0.96			0.89			0.78			0.70			(2)
Auto	0.83			0.70			0.67			0.66			0.63			13
Other consumer	2.75			2.71			2.62			2.54			4.32			4
Total consumer	0.49			0.48			0.48			0.45			0.56			1
Total loans and leases	0.98		%	1.05		%	1.06		%	1.14		%	1.18		%	(7)		bps


General Bank	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Net interest income	$	819	$	813	$	841	$	846	$	824	$	6	0.8	%	$	1,632	$	1,612		$	20	1.2	%
Total noninterest income	187		172		170		166		164		15		8.5		359		328			31		9.3
Total revenue	1,006		985		1,011		1,012		988		21		2.1		1,991		1,940			51		2.6
Personnel cost	209		215		211		210		207		(6)		(2.9)		424		417			7		1.5

All other noninterest expense	392		385		393		372		373		7		1.8		777		728			49		6.6
Total noninterest expense	601		600		604		582		580		1		0.1		1,201		1,145			56		4.8

Provision for credit losses	54		17		17		1		13		37		215.5		71		59			12		20.9
Income before income taxes	351		368		390		429		395		(17)		(4.6)		719		736			(17)		(2.3)
Income tax expense	85		90		82		109		101		(5)		(5.6)		175		189			(14)		(7.4)
Net income	$	266	$	278	$	308	$	320	$	294	$	(12)	(4.2)	%	$	544	$	547		$	(3)	(0.5)	%


Commercial Bank	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Net interest income	$	805	$	802	$	834	$	796	$	789	$	3	0.5	%	$	1,607	$	1,575		$	32	2.0	%
Noninterest Income
Rental income on operating lease equipment	54		55		55		54		54		(1)		(2.6)		109		110			(1)		(1.4)



All other noninterest income	270		230		241		236		228		40		17.5		500		429			71		16.7
Total noninterest income	324		285		296		290		282		39		13.6		609		539			70		13.0

Total revenue	1,129		1,087		1,130		1,086		1,071		42		3.9		2,216		2,114			102		4.8

Noninterest Expense
Personnel cost	186		199		180		184		183		(13)		(6.3)		385		373			12		3.6	%

Depreciation on operating lease equipment	43		43		44		43		44		—		—		86		88			(2)		(2.6)
All other noninterest expense	400		404		432		412		422		(4)		(1.2)		804		842			(38)		(4.6)
Total noninterest expense	629		646		656		639		649		(17)		(2.7)		1,275		1,303			(28)		(2.1)


(Benefit) provision for credit losses	(64)		55		37		190		102		(119)		(216.5)		(9)		210			(219)		(104.3)
Income before income taxes	564		386		437		257		320		178		46.4		950		601			349		58.1
Income tax expense	136		95		102		64		82		41		44.4		231		154			77		49.5
Net income	$	428	$	291	$	335	$	193	$	238	$	137	47.1	%	$	719	$	447		$	272	61.0	%


Rail	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Net interest expense	$	(59)	$	(58)	$	(53)	$	(55)	$	(53)	$	(1)	(2.1)	%	$	(117)	$	(105)		$	(12)	(11)	%
Noninterest Income
Rental income on operating lease equipment	226		226		226		219		218		—		—		452		432			20		4.7



All other noninterest income	7		9		9		2		3		(2)		(28.0)		16		5			11		185.5
Total noninterest income	233		235		235		221		221		(2)		(0.6)		468		437			31		7.0

Total revenue	174		177		182		166		168		(3)		(1.5)		351		332			19		5.8

Noninterest Expense
Personnel cost	6		8		6		6		6		(2)		(14.6)		14		14			—		—

Depreciation on operating lease equipment	58		58		58		55		56		—		—		116		110			6		5.7
Maintenance and other operating lease expenses	67		65		64		67		55		2		3.4		132		113			19		16.5
All other noninterest expense	18		17		16		16		26		1		1.5		35		40			(5)		(15.0)
Total noninterest expense	149		148		144		144		143		1		1.4		297		277			20		6.9



Income before income taxes	25		29		38		22		25		(4)		(15.4)		54		55			(1)		(1.0)
Income tax expense	6		7		9		5		6		(1)		(16.6)		13		14			(1)		(5.0)
Net income	$	19	$	22	$	29	$	17	$	19	$	(3)	(15.1)	%	$	41	$	41		$	—	—	%


Corporate (1)	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Net interest income	$	91	$	64	$	100	$	147	$	135	$	27	40.7	%	$	155	$	276		$	(121)	(43.7)	%
Total noninterest income	32		—		14		22		11		32		100.0		32		9			23		268.9
Total revenue	123		64		114		169		146		59		89.9		187		285			(98)		(34.1)
Personnel cost	443		447		452		417		414		(4)		(1.1)		890		824			66		8.0
Acquisition-related expenses	8		5		33		28		38		3		90.4		13		80			(67)		(83.7)
All other noninterest expense (2)	(279)		(310)		(317)		(319)		(324)		31		9.8		(589)		(636)			47		7.6
Total noninterest expense	172		142		168		126		128		30		20.6		314		268			46		17.7

Provision for credit losses	—		—		—		—		—		—		—		—		—			—		—
(Loss) Income before income taxes	(49)		(78)		(54)		43		18		29		36.9		(127)		17			(144)		NM
Income tax (benefit) expense	(8)		(21)		38		5		(6)		13		56.8		(29)		(6)			(23)		(336.7)
Net (loss) income	$	(41)	$	(57)	$	(92)	$	38	$	24	$	16	29.9	%	$	(98)	$	23		$	(121)	(517.2)	%


Loans and Leases											Increase (Decrease) From LQ
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025
At Period End
General Bank	$	64,355	$	64,367	$	64,958	$	65,225	$	64,987	$	(12)	—	%
Commercial Bank	86,635		84,263		82,910		79,470		76,220		2,372		2.8


Rail and Corporate	44		62		62		63		62		(18)		(29.0)
Total loans and leases	$	151,034	$	148,692	$	147,930	$	144,758	$	141,269	$	2,342	1.6	%

	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Average Balances
General Bank	$	64,385	$	64,884	$	65,324	$	65,059	$	64,949	$	(499)	(0.8)	%	$	64,633	$	64,920	$	(287)	(0.4)	%
Commercial Bank	85,425		83,993		81,400		77,608		76,700		1,432		1.7		84,714		76,276		8,438		11.1
Rail and Corporate	284		244		220		190		142		40		16.4		264		92		172		185.1
Total loans and leases	$	150,094	$	149,121	$	146,944	$	142,857	$	141,791	$	973	0.7	%	$	149,611	$	141,288	$	8,323	5.9	%


Deposits											Increase (Decrease) From LQ
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025
At Period End
General Bank	$	75,718	$	75,914	$	74,796	$	74,596	$	73,499	$	(196)	(0.3)	%
Commercial Bank	45,690		47,191		41,532		42,869		40,697		(1,501)		(3.2)
Rail	2		2		2		2		3		—		—
Corporate- Direct Bank	48,222		45,408		44,802		45,146		45,111		2,814		6.2
Corporate- other (1)	3,795		2,327		446		577		625		1,468		63.1
Corporate	52,017		47,735		45,248		45,723		45,736		4,282		9.0
Total deposits	$	173,427	$	170,842	$	161,578	$	163,190	$	159,935	$	2,585	1.5	%

	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From PYTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025
Average Balances
General Bank	$	75,603	$	75,199	$	75,398	$	73,882	$	73,645	$	404	0.5	%	$	75,402	$	73,587	$	1,815	2.5	%
Commercial Bank	45,200		44,546		42,273		40,619		38,497		654		1.5		44,875		38,712		6,163		15.9
Rail	2		2		2		2		7		—		—		2		12		(10)		(79.7)
Corporate- Direct Bank	46,493		44,883		44,818		45,221		44,444		1,610		3.6		45,692		43,457		2,235		5.1
Corporate- other (1)	3,341		1,297		700		900		1,071		2,044		157.6		2,325		1,256		1,069		85.1
Corporate	49,834		46,180		45,518		46,121		45,515		3,654		7.9		48,017		44,713		3,304		7.4
Total deposits	$	170,639	$	165,927	$	163,191	$	160,624	$	157,664	$	4,712	2.8	%	$	168,296	$	157,024	$	11,272	7.2	%


		Three Months Ended										Six Months Ended
dollars in millions, except share and per share data		June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025		June 30, 2026		June 30, 2025
Net income and EPS
Net income (GAAP)	a	$	672	$	534	$	580	$	568	$	575	$	1,206	$	1,058
Preferred stock dividends		32		26		14		14		14		58		29
Net income available to common stockholders (GAAP)	b	$	640	$	508	$	566	$	554	$	561	$	1,148	$	1,029
Total notable items, after income tax	c	19		26		68		19		32		45		77
Adjusted net income (non-GAAP)	d = (a+c)	691		560		648		587		607		1,251		1,135
Adjusted net income available to common stockholders (non-GAAP)	e = (b+c)	$	659	$	534	$	634	$	573	$	593	$	1,193	$	1,106
Weighted average common shares outstanding
Basic	f	11,535,792		11,924,899		12,363,028		12,849,339		13,237,226		11,729,271		13,405,295
Diluted	g	11,535,792		11,924,899		12,363,028		12,849,339		13,237,226		11,729,271		13,405,295
EPS (GAAP)
Basic	b/f	$	55.52	$	42.63	$	45.81	$	43.08	$	42.36	$	97.95	$	76.73
Diluted	b/g	55.52		42.63		45.81		43.08		42.36		97.95		76.73
Adjusted EPS (non-GAAP)
Basic	e/f	$	57.09	$	44.86	$	51.27	$	44.62	$	44.78	$	101.76	$	82.48
Diluted	e/g	57.09		44.86		51.27		44.62		44.78		101.76		82.48

Noninterest income and expense
Noninterest income (GAAP)	h	$	776	$	692	$	715	$	699	$	678	$	1,468	$	1,313
Impact of notable items, before income tax		(190)		(172)		(186)		(181)		(165)		(362)		(321)
Adjusted noninterest income (non-GAAP)	i	$	586	$	520	$	529	$	518	$	513	$	1,106	$	992

Noninterest expense (GAAP)	j	$	1,551	$	1,536	$	1,572	$	1,491	$	1,500	$	3,087	$	2,993
Impact of notable items, before income tax		(205)		(206)		(204)		(212)		(221)		(411)		(437)
Adjusted noninterest expense (non-GAAP)	k	$	1,346	$	1,330	$	1,368	$	1,279	$	1,279	$	2,676	$	2,556







PPNR
Net income (GAAP)	a	$	672	$	534	$	580	$	568	$	575	$	1,206	$	1,058
Plus: (benefit) provision for credit losses		(10)		72		54		191		115		62		269
Plus: income tax expense		219		171		231		183		183		390		351
PPNR (non-GAAP)	l	$	881	$	777	$	865	$	942	$	873	$	1,658	$	1,678
Impact of notable items (1)		15		34		18		31		56		49		116
Adjusted PPNR (non-GAAP)	m	$	896	$	811	$	883	$	973	$	929	$	1,707	$	1,794

(1) Excludes the impact of notable items on income taxes as this is excluded from PPNR as presented in the table above.
Note: Certain items above do not precisely recalculate as presented due to rounding.


		Three Months Ended															Six Months Ended
dollars in millions		June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025			June 30, 2026			June 30, 2025
ROA
Net income (GAAP)	a	$	672		$	534		$	580		$	568		$	575		$	1,206		$	1,058
Annualized net income	n = a annualized	2,699			2,164			2,303			2,254			2,307			2,433			2,133
Adjusted net income (non-GAAP)	d	691			560			648			587			607			1,251			1,135
Annualized adjusted net income	p = d annualized	2,771			2,272			2,571			2,332			2,435			2,523			2,288
Average assets	o	235,200			233,181			233,432			230,529			227,552			234,197			226,506
ROA	n/o	1.15		%	0.93		%	0.99		%	0.98		%	1.01		%	1.04		%	0.94		%
Adjusted ROA (non-GAAP)	p/o	1.18			0.97			1.10			1.01			1.07			1.08			1.01

PPNR ROA
PPNR (non-GAAP)	l	$	881		$	777		$	865		$	942		$	873		$	1,658		$	1,678
Annualized PPNR	q = l annualized	3,536			3,152			3,430			3,738			3,501			3,345			3,383
Adjusted PPNR (non-GAAP)	m	896			811			883			973			929			1,707			1,794
Annualized adjusted PPNR	r = m annualized	3,595			3,288			3,504			3,860			3,728			3,442			3,618
PPNR ROA (non-GAAP)	q/o	1.50		%	1.35		%	1.47		%	1.62		%	1.54		%	1.43		%	1.49		%
Adjusted PPNR ROA (non-GAAP)	r/o	1.53			1.41			1.50			1.67			1.64			1.47			1.60

ROE and ROTCE
Annualized net income available to common stockholders	s = b annualized	$	2,569		$	2,062		$	2,247		$	2,196		$	2,249		$	2,317		$	2,074
Annualized adjusted net income available to common stockholders	t = e annualized	$	2,642		$	2,170		$	2,515		$	2,275		$	2,377		$	2,407		$	2,230

Average stockholders' equity (GAAP)		$	22,180		$	22,487		$	22,197		$	22,291		$	22,488		$	22,332		$	22,472
Less: average preferred stock		1,765			1,613			1,117			881			881			1,689			881
Average common stockholders' equity	u	$	20,415		$	20,874		$	21,080		$	21,410		$	21,607		$	20,643		$	21,591
Less: average goodwill		346			346			346			346			346			346			346
Less: average other intangible assets		179			191			204			216			229			185			236
Average tangible common equity (non-GAAP)	v	$	19,890		$	20,337		$	20,530		$	20,848		$	21,032		$	20,112		$	21,009
ROE	s/u	12.58		%	9.88		%	10.66		%	10.26		%	10.41		%	11.22		%	9.61		%
Adjusted ROE (non-GAAP)	t/u	12.94			10.39			11.93			10.62			11.00			11.66			10.33
ROTCE (non-GAAP)	s/v	12.92			10.14			10.94			10.53			10.69			11.52			9.87
Adjusted ROTCE (non-GAAP)	t/v	13.28			10.67			12.25			10.91			11.30			11.97			10.61

Tangible common equity to tangible assets at period end
Stockholders' equity (GAAP)	w	$	21,900		$	22,048		$	22,238		$	21,986		$	22,296
Less: preferred stock		1,765			1,765			1,375			881			881
Common equity	x	$	20,135		$	20,283		$	20,863		$	21,105		$	21,415
Less: goodwill	y	346			346			346			346			346
Less: other intangible assets	z	171			182			195			208			221
Tangible common equity (non-GAAP)	aa	$	19,618		$	19,755		$	20,322		$	20,551		$	20,848
Total assets (GAAP)	bb	236,842			235,959			229,698			233,488			229,653
Tangible assets (non-GAAP)	cc = bb - (y + z)	236,325			235,431			229,157			232,934			229,086
Total equity to total assets (GAAP)	w/bb	9.25		%	9.34		%	9.68		%	9.42		%	9.71		%
Tangible common equity to tangible assets (non-GAAP)	aa/cc	8.30			8.39			8.87			8.82			9.10


Note: Certain items above do not precisely recalculate as presented due to rounding.


		Three Months Ended															Six Months Ended
dollars in millions, except share and per share data		June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025			June 30, 2026			June 30, 2025
Book value and tangible book value per common share at period end
Common shares outstanding at period end	dd	11,390,407			11,689,314			12,139,159			12,618,629			13,075,979
Book value per share	x/dd	$	1,767.79		$	1,735.18		$	1,718.71		$	1,672.54		$	1,637.72
Tangible book value per common share (non-GAAP)	aa/dd	1,722.35			1,689.96			1,674.11			1,628.64			1,594.38

Efficiency ratio
Net interest income	ee	$	1,656		$	1,621		$	1,722		$	1,734		$	1,695		$	3,277		$	3,358
Efficiency ratio (GAAP)	j / (h + ee)	63.75		%	66.41		%	64.53		%	61.27		%	63.22		%	65.05		%	64.08		%
Adjusted efficiency ratio (non-GAAP)	k / (i + ee)	60.05			62.13			60.79			56.78			57.92			61.06			58.75

Rental income on operating lease equipment
Rental income on operating lease equipment (GAAP)		$	280		$	281		$	281		$	273		$	272		$	561		$	542
Less: depreciation on operating lease equipment		101			101			102			98			100			202			198
Less: maintenance and other operating lease expenses		67			65			64			67			55			132			113

Adjusted rental income on operating lease equipment (non-GAAP)		$	112		$	115		$	115		$	108		$	117		$	227		$	231

Rental income on operating lease equipment: Commercial Bank Segment
Rental income on operating leases (GAAP)		$	54		$	55		$	55		$	54		$	54		$	109		$	110
Less: depreciation on operating lease equipment		43			43			44			43			44			86			88

Adjusted rental income on operating lease equipment (non-GAAP)		$	11		$	12		$	11		$	11		$	10		$	23		$	22

Rental income on operating lease equipment: Rail Segment
Rental income on operating leases (GAAP)		$	226		$	226		$	226		$	219		$	218		$	452		$	432
Less: depreciation on operating lease equipment		58			58			58			55			56			116			110
Less: maintenance and other operating lease expenses		67			65			64			67			55			132			113
Adjusted rental income on operating lease equipment (non-GAAP)		$	101		$	103		$	104		$	97		$	107		$	204		$	209


		Three Months Ended															Six Months Ended
dollars in millions		June 30, 2026			March 31, 2026			December 31, 2025			September 30, 2025			June 30, 2025			June 30, 2026			June 30, 2025
Net interest income & Net interest margin
Net interest income (GAAP)	ee	$	1,656		$	1,621		$	1,722		$	1,734		$	1,695		$	3,277		$	3,358
Loan PAA	ff	55			48			59			71			75			103			159
Other PAA	gg	(7)			(9)			(10)			(10)			(9)			(16)			(17)
PAA	hh = (ff + gg)	$	48		$	39		$	49		$	61		$	66		$	87		$	142
Net interest income, excluding PAA (non-GAAP)	ii = (ee - hh)	$	1,608		$	1,582		$	1,673		$	1,673		$	1,629		$	3,190		$	3,216

Annualized net interest income	jj = ee annualized	$	6,642		$	6,575		$	6,834		$	6,878		$	6,800		$	6,609		$	6,772
Annualized net interest income, excluding PAA	kk = ii annualized	6,451			6,416			6,640			6,637			6,533			6,434			6,486
Average interest-earning assets	ll	213,990			212,552			213,294			211,042			208,175			213,276			207,108

NIM (GAAP)	jj/ll	3.10		%	3.09		%	3.20		%	3.26		%	3.26		%	3.09		%	3.26		%
NIM, excluding PAA (non-GAAP)	kk/ll	3.01			3.01			3.11			3.15			3.14			3.01			3.13

Interest income on loans (GAAP)		$	2,253		$	2,206		$	2,290		$	2,300		$	2,270		$	4,459		$	4,506
Less: loan PAA	ff	55			48			59			71			75			103			159
Interest income on loans, excluding loan PAA (non-GAAP)		$	2,198		$	2,158		$	2,231		$	2,229		$	2,195		$	4,356		$	4,347

Personnel cost
Personnel cost (GAAP)		$	844		$	869		$	849		$	817		$	810		$	1,713		$	1,628
Less: impact of notable items		8			12			—			6			—			20			—
Adjusted personnel cost (non-GAAP)		$	836		$	857		$	849		$	811		$	810		$	1,693		$	1,628

Professional fees
Professional fees (GAAP)		$	26		$	24		$	34		$	26		$	30		$	50		$	55
Less: impact of notable items		5			6			—			—			—			11			—
Adjusted professional fees (non-GAAP)		$	21		$	18		$	34		$	26		$	30		$	39		$	55












Note: Certain items above do not precisely recalculate as presented due to rounding.


Deposits by Type
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025		Increase (Decrease) From LQ
Noninterest-bearing demand	$	42,475	$	43,606	$	40,653	$	42,752	$	40,879	$	(1,131)	(2.6)	%
Checking with interest	25,778		25,599		24,377		23,731		23,283		179		0.7
Money market	39,964		41,136		38,687		38,718		37,654		(1,172)		(2.9)
Savings	50,083		47,258		46,625		46,915		46,877		2,825		6.0
Time	15,127		13,243		11,236		11,074		11,242		1,884		14.2
Total deposits	$	173,427	$	170,842	$	161,578	$	163,190	$	159,935	$	2,585	1.5	%


Provision for Credit Losses	Three Months Ended										Increase (Decrease) From LQ				Six Months Ended				Increase (Decrease) From Prior YTD
dollars in millions	June 30, 2026		March 31, 2026		December 31, 2025		September 30, 2025		June 30, 2025						June 30, 2026		June 30, 2025

Provision for loan and lease losses	$	34	$	103	$	57	$	214	$	111	$	(69)	(67.5)	%	$	137	$	259	(122)		(47.0)	%


(Benefit) provision for off-balance sheet credit exposure	(44)		(32)		(5)		(23)		4		(12)		(36.6)		(76)		10		(86)		nm


Provision for other receivables	—		1		2		—		—		(1)		(100.0)		1		—		1		100.0
(Benefit) provision for credit losses	$	(10)	$	72	$	54	$	191	$	115	$	(82)	(113.9)	%	$	62	$	269	$	(207)	(77.0)	%