v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 426 $ 387
Interest-bearing deposits with banks 1,949 2,111
Cash and Cash Equivalents 2,375 2,498
Debt securities available for sale (amortized cost of $3,848 and $3,783; allowance for credit losses of $0 and $0) 3,758 3,727
Debt securities held to maturity (fair value of $4,049 and $3,941; allowance for credit losses of $0 and $0) 4,251 4,117
Loans held for sale (includes $282 and $514 measured at fair value (1)) [1] 290 515
Loans and leases, net of unearned income of $84 and $87 (includes $96 and $85 measured at fair value (1)) [1] 35,769 34,777
Allowance for credit losses on loans and leases (447) (439)
Net Loans and Leases 35,322 34,338
Premises and equipment, net 564 568
Goodwill 2,480 2,480
Core deposit and other intangible assets, net 30 36
Bank owned life insurance 674 667
Other assets 1,255 1,283
Total Assets 50,999 50,229
Liabilities    
Non-interest-bearing 10,056 9,914
Interest-bearing 28,623 28,845
Total Deposits 38,679 38,759
Short-term borrowings 2,681 2,017
Long-term borrowings 2,002 1,901
Other liabilities 798 793
Total Liabilities 44,160 43,470
Shareholders’ Equity    
Common stock - $0.01 par value authorized – 500,000,000 shares issued – 375,030,534 and 375,030,534 shares 4 4
Additional paid-in capital 4,691 4,695
Retained earnings 2,539 2,343
Accumulated other comprehensive loss (103) (63)
Treasury stock – 21,470,450 and 17,727,219 shares at cost (292) (220)
Total Shareholders’ Equity 6,839 6,759
Total Liabilities and Shareholders’ Equity $ 50,999 $ 50,229
[1] Amount represents loans for which we have elected the fair value option. See Note 19.