v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 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 millionsThree Months Ended June 30, 2026
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$819 $805 $(59)$91 $1,656 
Rental income on operating lease equipment— 54 226 — 280 
All other noninterest income187 270 7 32 496 
Total noninterest income187 324 233 32 776 
Total revenue1,006 1,129 174 123 2,432 
Depreciation on operating lease equipment— 43 58 — 101 
Maintenance and other operating lease expenses— — 67 — 67 
Personnel cost209 186 6 443 844 
Acquisition-related expenses— — — 8 8 
All other noninterest expense (3)
392 400 18 (279)531 
Total noninterest expense601 629 149 172 1,551 
Provision (benefit) for credit losses54 (64)— — (10)
Income (loss) before income taxes351 564 25 (49)891 
Income tax expense (benefit)85 136 6 (8)219 
Net income (loss)$266 $428 $19 $(41)$672 
Select Period End Balances
Loans and leases$64,355 $86,635 $44 $— $151,034 
Operating lease equipment, net— 723 9,032 — 9,755 
Investment securities18 — — 43,539 43,557 
Deposits75,718 45,690 2 52,017 173,427 
Three Months Ended June 30, 2025
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$824 $789 $(53)$135 $1,695 
Rental income on operating lease equipment— 54 218 — 272 
All other noninterest income164 228 3 11 406 
Total noninterest income164 282 221 11 678 
Total revenue988 1,071 168 146 2,373 
Depreciation on operating lease equipment— 44 56 — 100 
Maintenance and other operating lease expenses— — 55 — 55 
Personnel cost207 183 6 414 810 
Acquisition-related expenses— — — 38 38 
All other noninterest expense (3)
373 422 26 (324)497 
Total noninterest expense580 649 143 128 1,500 
Provision for credit losses13 102 — — 115 
Income before income taxes395 320 25 18 758 
Income tax expense (benefit)101 82 6 (6)183 
Net income$294 $238 $19 $24 $575 
Select Period End Balances
Loans and leases$64,987 $76,220 $62 $— $141,269 
Operating lease equipment, net— 750 8,716 — 9,466 
Investment securities— — — 43,346 43,346 
Deposits73,499 40,697 3 45,736 159,935 
(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 ASC 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.
dollars in millionsSix Months Ended June 30, 2026
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$1,632 $1,607 $(117)$155 $3,277 
Rental income on operating lease equipment— 109 452 — 561 
All other noninterest income359 500 16 32 907 
Total noninterest income359 609 468 32 1,468 
Total revenue1,991 2,216 351 187 4,745 
Depreciation on operating lease equipment— 86 116 — 202 
Maintenance and other operating lease expenses— — 132 — 132 
Personnel cost424 385 14 890 1,713 
Acquisition-related expenses— — — 13 13 
All other noninterest expense (3)
777 804 35 (589)1,027 
Total noninterest expense1,201 1,275 297 314 3,087 
Provision (benefit) for credit losses71 (9)— — 62 
Income (loss) before income taxes719 950 54 (127)1,596 
Income tax expense (benefit)175 231 13 (29)390 
Net income (loss)$544 $719 $41 $(98)$1,206 
Six Months Ended June 30, 2025
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$1,612 $1,575 $(105)$276 $3,358 
Rental income on operating lease equipment— 110 432 — 542 
All other noninterest income328 429 5 9 771 
Total noninterest income328 539 437 9 1,313 
Total revenue1,940 2,114 332 285 4,671 
Depreciation on operating lease equipment— 88 110 — 198 
Maintenance and other operating lease expenses— — 113 — 113 
Personnel cost417 373 14 824 1,628 
Acquisition-related expenses— — — 80 80 
All other noninterest expense (3)
728 842 40 (636)974 
Total noninterest expense1,145 1,303 277 268 2,993 
Provision for credit losses59 210 — — 269 
Income before income taxes736 601 55 17 1,409 
Income tax expense (benefit)189 154 14 (6)351 
Net income$547 $447 $41 $23 $1,058 
(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 ASC 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.