v3.26.1
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue According to Revenue Stream and Business Segment

The following tables depict the disaggregation of revenue according to revenue stream and Business Segment for the three and six months ended June 30, 2026 and June 30, 2025. As stated in Note 8, “Business Segment Reporting,” for comparability purposes, amounts in all periods are based on methodologies in effect at June 30, 2026 and previously reported results have been reclassified in this Form 10-Q to conform to the Company’s current organizational structure.

Disaggregated revenue is as follows (in thousands):

 

 

 

Three Months Ended June 30, 2026

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

858

 

 

$

76,843

 

 

$

20,594

 

 

$

 

 

$

98,295

 

Trading and investment banking

 

 

 

 

 

144

 

 

 

 

 

 

5,170

 

 

 

5,314

 

Service charges on deposit accounts

 

 

16,579

 

 

 

10,583

 

 

 

2,397

 

 

 

29

 

 

 

29,588

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

207

 

 

 

 

 

 

207

 

Brokerage fees

 

 

97

 

 

 

22,802

 

 

 

2,501

 

 

 

 

 

 

25,400

 

Bankcard fees

 

 

27,779

 

 

 

7,981

 

 

 

7,711

 

 

 

(13,517

)

 

 

29,954

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

27,087

 

 

 

27,087

 

Other

 

 

3,005

 

 

 

968

 

 

 

1,007

 

 

 

24,680

 

 

 

29,660

 

Total Noninterest income

 

$

48,318

 

 

$

119,321

 

 

$

34,417

 

 

$

43,449

 

 

$

245,505

 

 

 

 

 

Three Months Ended June 30, 2025

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

752

 

 

$

63,577

 

 

$

18,934

 

 

$

 

 

$

83,263

 

Trading and investment banking

 

 

 

 

 

85

 

 

 

 

 

 

6,085

 

 

 

6,170

 

Service charges on deposit accounts

 

 

16,199

 

 

 

10,162

 

 

 

2,466

 

 

 

38

 

 

 

28,865

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

189

 

 

 

 

 

 

189

 

Brokerage fees

 

 

62

 

 

 

17,573

 

 

 

2,890

 

 

 

 

 

 

20,525

 

Bankcard fees

 

 

27,285

 

 

 

7,304

 

 

 

8,135

 

 

 

(13,706

)

 

 

29,018

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

37,685

 

 

 

37,685

 

Other

 

 

2,262

 

 

 

695

 

 

 

921

 

 

 

12,592

 

 

 

16,470

 

Total Noninterest income

 

$

46,560

 

 

$

99,396

 

 

$

33,535

 

 

$

42,694

 

 

$

222,185

 

 

 

 

Six Months Ended June 30, 2026

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

1,619

 

 

$

150,168

 

 

$

41,175

 

 

$

 

 

$

192,962

 

Trading and investment banking

 

 

 

 

 

266

 

 

 

 

 

 

12,788

 

 

 

13,054

 

Service charges on deposit accounts

 

 

32,723

 

 

 

21,440

 

 

 

4,838

 

 

 

61

 

 

 

59,062

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

462

 

 

 

 

 

 

462

 

Brokerage fees

 

 

184

 

 

 

41,167

 

 

 

5,138

 

 

 

 

 

 

46,489

 

Bankcard fees

 

 

53,865

 

 

 

15,875

 

 

 

14,782

 

 

 

(25,690

)

 

 

58,832

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

30,133

 

 

 

30,133

 

Other

 

 

4,169

 

 

 

1,706

 

 

 

1,849

 

 

 

41,580

 

 

 

49,304

 

Total Noninterest income

 

$

92,560

 

 

$

230,622

 

 

$

68,244

 

 

$

58,872

 

 

$

450,298

 

 

 

 

Six Months Ended June 30, 2025

 

NONINTEREST INCOME

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Revenue (Expense) out of Scope of ASC 606

 

 

Total

 

Trust and securities processing

 

$

1,231

 

 

$

124,825

 

 

$

36,988

 

 

$

 

 

$

163,044

 

Trading and investment banking

 

 

 

 

 

414

 

 

 

 

 

 

11,667

 

 

 

12,081

 

Service charges on deposit accounts

 

 

30,780

 

 

 

21,021

 

 

 

4,444

 

 

 

77

 

 

 

56,322

 

Insurance fees and commissions

 

 

 

 

 

 

 

 

367

 

 

 

 

 

 

367

 

Brokerage fees

 

 

129

 

 

 

32,945

 

 

 

5,553

 

 

 

 

 

 

38,627

 

Bankcard fees

 

 

51,449

 

 

 

14,546

 

 

 

14,818

 

 

 

(25,502

)

 

 

55,311

 

Investment securities gains, net

 

 

 

 

 

 

 

 

 

 

 

32,903

 

 

 

32,903

 

Other

 

 

3,541

 

 

 

1,377

 

 

 

1,703

 

 

 

23,107

 

 

 

29,728

 

Total Noninterest income

 

$

87,130

 

 

$

195,128

 

 

$

63,873

 

 

$

42,252

 

 

$

388,383