Loans and ACL (Tables)

9 Months Ended

Sep. 30, 2026

Aging Analysis of Past Due Loans and Leases

The following tables present loans and leases HFI by aging category. Government guaranteed loans are not placed on nonperforming status regardless of delinquency because collection of principal and interest is reasonably assured.


	Accruing						Nonperforming
September 30, 2026 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Without an ALLL		With an ALLL		Total
Commercial:
Commercial and industrial	$	166,354	$	229	$	—	$	72	$	661	$	167,316
CRE	25,840		14		—		—		43		25,897
Commercial construction	7,426		14		—		18		—		7,458

Consumer:
Residential mortgage	56,695		669		614		—		225		58,203
Home equity	9,531		56		6		—		94		9,687
Indirect auto	16,781		210		—		—		101		17,092
Other consumer	33,134		254		19		—		79		33,486

Credit card	4,661		66		64		—		—		4,791

Total	$	320,422	$	1,512	$	703	$	90	$	1,203	$	323,930
(1)Includes government guaranteed loans of $568 million in the residential mortgage portfolio.

	Accruing						Nonperforming
December 31, 2025 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Without an ALLL		With an ALLL		Total
Commercial:
Commercial and industrial	$	166,839	$	127	$	3	$	5	$	834	$	167,808
CRE	23,648		25		—		—		47		23,720
Commercial construction	7,706		36		—		—		41		7,783

Consumer:
Residential mortgage	55,338		686		570		6		207		56,807
Home equity	9,544		69		7		1		98		9,719
Indirect auto	24,713		679		—		—		267		25,659
Other consumer	31,801		281		28		—		71		32,181

Credit card	4,765		77		76		—		—		4,918

Total	$	324,354	$	1,980	$	684	$	12	$	1,565	$	328,595
(1)Includes government guaranteed loans of $532 million in the residential mortgage portfolio.

Carrying Amounts by Risk Rating

The following tables present the amortized cost basis of loans by origination year and credit quality indicator:


As of / for the nine months ended September 30, 2026 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2026		2025		2024		2023		2022		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	30,582	$	27,448	$	8,542	$	5,520	$	9,378	$	17,525	$	64,036	$	—	$	(280)	$	162,751
Special mention	64		101		125		163		121		180		569		—		—		1,323
Substandard	189		500		262		281		127		271		879		—		—		2,509
Nonperforming	15		10		64		70		136		69		369		—		—		733
Total	30,850		28,059		8,993		6,034		9,762		18,045		65,853		—		(280)		167,316
Gross charge-offs	15		28		50		10		40		27		234		—		—		404
CRE:
Pass	7,425		7,046		930		985		2,949		3,804		1,058		—		(99)		24,098
Special mention	27		172		—		9		26		166		74		—		—		474
Substandard	161		287		24		369		186		255		—		—		—		1,282
Nonperforming	—		2		—		1		30		10		—		—		—		43
Total	7,613		7,507		954		1,364		3,191		4,235		1,132		—		(99)		25,897
Gross charge-offs	—		3		—		—		4		1		—		—		—		8
Commercial construction:
Pass	1,327		1,849		612		429		91		33		2,038		—		—		6,379
Special mention	64		6		—		96		46		—		104		—		—		316
Substandard	269		50		—		100		282		—		44		—		—		745
Nonperforming	—		—		—		—		—		—		18		—		—		18
Total	1,660		1,905		612		625		419		33		2,204		—		—		7,458
Gross charge-offs	—		—		—		—		—		—		20		—		—		20







Consumer:
Residential mortgage:

Current	5,673		5,296		3,310		2,106		10,984		29,326		—		—		—		56,695
30 - 89 days past due	20		27		21		31		79		491		—		—		—		669
90 days or more past due	2		18		45		99		69		381		—		—		—		614
Nonperforming	—		7		8		11		39		160		—		—		—		225
Total	5,695		5,348		3,384		2,247		11,171		30,358		—		—		—		58,203
Gross charge-offs	—		—		—		—		1		2		—		—		—		3
Home equity:

Current	—		—		—		—		—		—		6,815		2,716		—		9,531
30 - 89 days past due	—		—		—		—		—		—		42		14		—		56
90 days or more past due	—		—		—		—		—		—		5		1		—		6
Nonperforming	—		—		—		—		—		—		41		53		—		94
Total	—		—		—		—		—		—		6,903		2,784		—		9,687
Gross charge-offs	—		—		—		—		—		—		9		—		—		9
Indirect auto:

Current	3,521		6,999		3,246		822		1,493		695		—		—		5		16,781
30 - 89 days past due	20		61		37		22		40		30		—		—		—		210

Nonperforming	4		23		17		12		26		19		—		—		—		101
Total	3,545		7,083		3,300		856		1,559		744		—		—		5		17,092
Gross charge-offs	56		165		117		97		109		107		—		—		—		651
Other consumer:

Current	9,682		8,391		4,165		2,777		2,492		2,395		3,195		34		3		33,134
30 - 89 days past due	45		62		45		42		27		24		7		2		—		254
90 days or more past due	3		4		3		4		2		1		2		—		—		19
Nonperforming	5		24		14		12		10		14		—		—		—		79
Total	9,735		8,481		4,227		2,835		2,531		2,434		3,204		36		3		33,486
Gross charge-offs	49		166		101		87		53		41		25		—		—		522
Credit card:
Current	—		—		—		—		—		—		4,625		36		—		4,661
30 - 89 days past due	—		—		—		—		—		—		62		4		—		66
90 days or more past due	—		—		—		—		—		—		60		4		—		64

Total	—		—		—		—		—		—		4,747		44		—		4,791
Gross charge-offs	—		—		—		—		—		—		193		10		—		203
Total	$	59,098	$	58,383	$	21,470	$	13,961	$	28,633	$	55,849	$	84,043	$	2,864	$	(371)	$	323,930
Gross charge-offs	$	120	$	362	$	268	$	194	$	207	$	178	$	481	$	10	$	—	$	1,820


As of / for the year ended December 31, 2025 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2025		2024		2023		2022		2021		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	42,084	$	12,725	$	8,296	$	13,476	$	7,558	$	14,854	$	63,555	$	—	$	(233)	$	162,315
Special mention	401		153		136		180		309		113		621		—		—		1,913
Substandard	351		391		476		383		254		262		624		—		—		2,741
Nonperforming	77		112		64		144		12		53		377		—		—		839
Total	42,913		13,381		8,972		14,183		8,133		15,282		65,177		—		(233)		167,808
Gross charge-offs	45		96		70		28		1		9		212		—		—		461
CRE:
Pass	8,621		1,300		1,548		3,233		1,797		3,510		1,103		—		(84)		21,028
Special mention	26		11		61		181		211		121		—		—		—		611
Substandard	376		153		311		460		150		449		135		—		—		2,034
Nonperforming	4		1		1		13		6		22		—		—		—		47
Total	9,027		1,465		1,921		3,887		2,164		4,102		1,238		—		(84)		23,720
Gross charge-offs	6		42		14		8		—		77		—		—		—		147
Commercial construction:
Pass	1,398		581		1,070		531		158		20		1,844		—		—		5,602
Special mention	112		—		40		252		32		2		36		—		—		474
Substandard	175		32		348		1,020		91		—		—		—		—		1,666
Nonperforming	—		—		—		—		—		—		41		—		—		41
Total	1,685		613		1,458		1,803		281		22		1,921		—		—		7,783







Consumer:
Residential mortgage:

Current	5,724		3,947		2,420		11,747		14,453		17,047		—		—		—		55,338
30 - 89 days past due	20		14		35		81		68		468		—		—		—		686
90 days or more past due	6		34		90		61		34		345		—		—		—		570
Nonperforming	—		5		6		37		35		130		—		—		—		213
Total	5,750		4,000		2,551		11,926		14,590		17,990		—		—		—		56,807
Gross charge-offs	—		1		1		2		2		—		—		—		—		6
Home equity:

Current	—		—		—		—		—		—		6,575		2,969		—		9,544
30 - 89 days past due	—		—		—		—		—		—		52		17		—		69
90 days or more past due	—		—		—		—		—		—		5		2		—		7
Nonperforming	—		—		—		—		—		—		33		66		—		99
Total	—		—		—		—		—		—		6,665		3,054		—		9,719
Gross charge-offs	—		—		—		—		—		—		9		1		—		10
Indirect auto:

Current	11,752		5,780		1,933		3,075		1,430		750		—		—		(7)		24,713
30 - 89 days past due	123		139		106		142		80		89		—		—		—		679

Nonperforming	29		53		46		65		38		36		—		—		—		267
Total	11,904		5,972		2,085		3,282		1,548		875		—		—		(7)		25,659
Gross charge-offs	30		101		122		163		72		103		—		—		—		591
Other consumer:

Current	12,416		5,975		3,947		3,415		1,446		1,791		2,780		27		4		31,801
30 - 89 days past due	66		60		66		44		17		19		7		2		—		281
90 days or more past due	4		7		11		4		—		—		2		—		—		28
Nonperforming	13		12		14		12		9		11		—		—		—		71
Total	12,499		6,054		4,038		3,475		1,472		1,821		2,789		29		4		32,181
Gross charge-offs	98		138		159		110		47		51		30		—		—		633







Credit card:
Current	—		—		—		—		—		—		4,733		32		—		4,765
30 - 89 days past due	—		—		—		—		—		—		73		4		—		77
90 days or more past due	—		—		—		—		—		—		72		4		—		76

Total	—		—		—		—		—		—		4,878		40		—		4,918
Gross charge-offs	—		—		—		—		—		—		246		14		—		260
Total	$	83,778	$	31,485	$	21,025	$	38,556	$	28,188	$	40,092	$	82,668	$	3,123	$	(320)	$	328,595
Gross charge-offs	$	179	$	378	$	366	$	311	$	122	$	240	$	497	$	15	$	—	$	2,108

(1)Includes certain deferred fees and costs and other adjustments.

Allowance for Credit Losses

The following tables present activity in the ACL:








(Dollars in millions)	Balance at Jul 1, 2025		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Sep 30, 2025
Commercial:
Commercial and industrial	$	1,309	$	(98)	$	20	$	105	$	—	$	1,336
CRE	563		(25)		2		(35)		—		505
Commercial construction	259		—		—		1		—		260

Consumer:
Residential mortgage	220		(1)		2		—		—		221
Home equity	92		(2)		5		(6)		—		89
Indirect auto	990		(150)		25		155		—		1,020
Other consumer	1,051		(155)		31		204		1		1,132

Credit card	415		(49)		10		49		—		425

ALLL	4,899		(480)		95		473		1		4,988
RUFC	354		—		—		(37)		—		317
ACL	$	5,253	$	(480)	$	95	$	436	$	1	$	5,305

(Dollars in millions)	Balance at Jul 1, 2026		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Sep 30, 2026
Commercial:
Commercial and industrial	$	1,440	$	(125)	$	19	$	129	$	(1)	$	1,462
CRE	422		—		—		(86)		—		336
Commercial construction	151		(2)		—		(37)		—		112

Consumer:
Residential mortgage	173		(1)		1		(11)		—		162
Home equity	76		(3)		4		(5)		—		72
Indirect auto	1,034		(358)		22		(509)		—		189
Other consumer	1,283		(170)		35		198		—		1,346

Credit card	404		(62)		11		31		—		384

ALLL	4,983		(721)		92		(290)		(1)		4,063
RUFC	333		—		—		37		—		370
ACL	$	5,316	$	(721)	$	92	$	(253)	$	(1)	$	4,433



















(Dollars in millions)	Balance at Jan 1, 2025		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Sep 30, 2025
Commercial:
Commercial and industrial	$	1,284	$	(320)	$	75	$	301	$	(4)	$	1,336
CRE	643		(133)		12		(17)		—		505
Commercial construction	257		—		1		2		—		260

Consumer:
Residential mortgage	204		(3)		4		16		—		221
Home equity	89		(8)		13		(5)		—		89
Indirect auto	955		(431)		78		418		—		1,020
Other consumer	994		(455)		92		500		1		1,132

Credit card	431		(193)		33		154		—		425

ALLL	4,857		(1,543)		308		1,369		(3)		4,988
RUFC	304		—		—		13		—		317
ACL	$	5,161	$	(1,543)	$	308	$	1,382	$	(3)	$	5,305


(Dollars in millions)	Balance at Jan 1, 2026		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Sep 30, 2026
Commercial:
Commercial and industrial	$	1,326	$	(404)	$	57	$	484	$	(1)	$	1,462
CRE	476		(8)		4		(136)		—		336
Commercial construction	246		(20)		2		(116)		—		112

Consumer:
Residential mortgage	198		(3)		4		(37)		—		162
Home equity	84		(9)		10		(13)		—		72
Indirect auto	1,036		(651)		76		(272)		—		189
Other consumer	1,238		(522)		103		527		—		1,346

Credit card	426		(203)		30		131		—		384

ALLL	5,030		(1,820)		286		568		(1)		4,063
RUFC	317		—		—		53		—		370
ACL	$	5,347	$	(1,820)	$	286	$	621	$	(1)	$	4,433

Selected Information About Nonperforming Assets

The following table presents a summary of NPAs and residential mortgage loans in the process of foreclosure:


(Dollars in millions)	Sep 30, 2026		Dec 31, 2025
Nonperforming loans and leases HFI	$	1,293	$	1,577
Nonperforming LHFS	15		—
Foreclosed real estate	4		3
Other foreclosed property	26		53
Total NPAs	$	1,338	$	1,633
Residential mortgage loans in the process of foreclosure	$	266	$	247

Loan Modifications

The following tables summarize the amortized cost basis and the weighted average financial effect of loans to borrowers experiencing financial difficulty that were modified during the period, disaggregated by class of financing receivable and type of modification granted.


	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Three Months Ended September 30, 2026 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	272	33 months	$	—		$	—			$	—	$	—		$	—		$	39	$	311	0.19	%
CRE	147		7 months	—			—				—		—			—			93		240		0.93
Commercial construction	145		16 months	—			—				—		—			—			16		161		2.16
Consumer:							—
Residential mortgage	—			24		98 months	—				12		45		7 months	86		103 months	21		188		0.32

Indirect auto	—			16		28 months	—				—		395		9 months	—			6		417		2.44
Other consumer	—			9		29 months	—				—		—			—			—		9		0.03
Credit card	—			—			7		(17)	%	—		—			—			—		7		0.15
Total	$	564		$	49		$	7			$	12	$	440		$	86		$	175	$	1,333	0.41

	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Nine Months Ended September 30, 2026 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	762	16 months	$	—		$	—			$	—	$	1	6 months	$	—		$	56	$	819	0.49	%
CRE	516		15 months	—			—				—		—			—			93		609		2.35
Commercial construction	315		11 months	—			—				—		—			—			16		331		4.44
Consumer:
Residential mortgage	—			62		96 months	—				51		107		8 months	265		100 months	68		553		0.95

Indirect auto	—			44		29 months	—				—		1,113		9 months	—			25		1,182		6.92
Other consumer	—			29		31 months	—				—		1		5 months	—			1		31		0.09
Credit card	—			—			22		(17)	%	—		—			—			1		23		0.48
Total	$	1,593		$	135		$	22			$	51	$	1,222		$	265		$	260	$	3,548	1.10


	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Three Months Ended September 30, 2025 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	307	8 months	$	13	35 months	$	—			$	—	$	—		$	—		$	15	$	335	0.20	%
CRE	60		9 months	—			—				—		—			—			—		60		0.27
Commercial construction	237		13 months	—			—				—		—			—			—		237		2.95
Consumer:
Residential mortgage	—			27		99 months	—				31		50		7 months	89		87 months	28		225		0.39
Home equity	—			—			—				—		—			—			1		1		0.01
Indirect auto	—			15		29 months	—				—		591		9 months	—			8		614		2.41
Other consumer	—			10		36 months	—				—		—			—			—		10		0.03
Credit card	—			—			8		(18)	%	—		—			—			—		8		0.16
Total	$	604		$	65		$	8			$	31	$	641		$	89		$	52	$	1,490	0.46

	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Nine Months Ended September 30, 2025 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	822	10 months	$	13	35 months	$	—			$	—	$	47	6 months	$	—		$	34	$	916	0.56	%
CRE	488		15 months	—			—				—		—			—			—		488		2.18
Commercial construction	266		13 months	—			—				—		—			—			—		266		3.31
Consumer:
Residential mortgage	—			59		104 months	—				90		88		7 months	233		93 months	63		533		0.92
Home equity	—			—			—				—		—			—			4		4		0.04
Indirect auto	—			31		28 months	1		(6)	%	—		1,215		8 months	—			23		1,270		4.98
Other consumer	—			29		31 months	—				—		1		5 months	—			2		32		0.10
Credit card	—			—			23		(17)	%	—		—			—			—		23		0.47
Total	$	1,576		$	132		$	24			$	90	$	1,351		$	233		$	126	$	3,532	1.09

Financing Receivable, Modified, Past Due

The following tables summarize the period-end delinquency status and amortized cost of loans that were modified in the last 12 months. The period-end delinquency status of loans that were modified is disclosed at amortized cost and reflects the impact of any paydowns, payoffs, or charge-offs that occurred subsequent to modification.


	Payment Status
September 30, 2026 (Dollars in millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Commercial:
Commercial and industrial	$	725	$	31	$	37	$	793
CRE	656		—		1		657
Commercial construction	264		—		—		264
Consumer:
Residential mortgage	359		115		181		655
Home equity	3		—		—		3
Indirect auto	41		10		2		53
Other consumer	30		2		1		33
Credit card	18		3		3		24
Total	$	2,096	$	161	$	225	$	2,482
Total nonaccrual loans included above	$	207	$	50	$	81	$	338

	Payment Status
September 30, 2025 (Dollars in millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Commercial:
Commercial and industrial	$	930	$	2	$	46	$	978
CRE	562		1		—		563
Commercial construction	294		—		—		294
Consumer:
Residential mortgage	366		119		157		642
Home equity	5		—		—		5
Indirect auto	994		232		71		1,297
Other consumer	31		2		1		34
Credit card	17		4		3		24
Total	$	3,199	$	360	$	278	$	3,837
Total nonaccrual loans included above	$	231	$	41	$	171	$	443

Financing Receivable, Modified, Subsequent Default

The following tables provide the amortized cost basis of financing receivables that were modified in the last 12 months and were in payment default at period end:


September 30, 2026 (Dollars in millions)	Renewals		Term Extensions		Interest Rate Adjustments		Capitalizations		Payment Delays		Combination - Capitalization and Term Extension		Other		Total
Commercial:
Commercial and industrial	$	34	$	—	$	—	$	—	$	—	$	—	$	3	$	37
CRE	1		—		—		—		—		—		—		1

Consumer:
Residential mortgage	—		7		—		9		106		49		10		181

Indirect auto	—		2		—		—		—		—		—		2
Other consumer	—		1		—		—		—		—		—		1
Credit card	—		—		3		—		—		—		—		3
Total	$	35	$	10	$	3	$	9	$	106	$	49	$	13	$	225
















September 30, 2025 (Dollars in millions)	Renewals		Term Extensions		Interest Rate Adjustments		Capitalizations		Payment Delays		Combination - Capitalization and Term Extension		Other		Total
Commercial:
Commercial and industrial	$	46	$	—	$	—	$	—	$	—	$	—	$	—	$	46
CRE	—		—		—		—		—		—		—		—

Consumer:
Residential mortgage	—		11		—		3		90		44		9		157

Indirect auto	—		1		—		—		67		—		3		71
Other consumer	—		1		—		—		—		—		—		1
Credit card	—		—		3		—		—		—		—		3
Total	$	46	$	13	$	3	$	3	$	157	$	44	$	12	$	278

Unearned Income, Discounts and Net Deferred Loan Fees and Costs

The following table presents additional information about loans and leases:


(Dollars in millions)	Sep 30, 2026		Dec 31, 2025
Unearned income, discounts, and net deferred loan fees and costs	$	614	$	509