v3.26.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest Income        
Interest and fees on loans and leases $ 4,689 $ 4,816 $ 13,947 $ 13,966
Interest on securities 897 941 2,617 2,877
Interest on other earning assets 444 529 1,288 1,585
Total interest income 6,030 6,286 17,852 18,428
Interest Expense        
Interest on deposits 1,647 1,835 4,747 5,415
Interest on long-term debt 534 523 1,464 1,363
Interest on other borrowings 186 299 758 927
Total interest expense 2,367 2,657 6,969 7,705
Net Interest Income 3,663 3,629 10,883 10,723
Provision (benefit) for credit losses (253) 436 621 1,382
Net Interest Income After Provision for Credit Losses 3,916 3,193 10,262 9,341
Noninterest Income        
Total noninterest income 84 1,558 3,281 4,350
Noninterest Expense        
Personnel expense 1,853 1,748 5,372 5,030
Professional fees and outside processing 365 346 1,013 1,083
Software expense 254 233 723 694
Net occupancy expense 180 185 530 534
Equipment expense 77 90 241 261
Marketing and customer development 83 79 253 236
Amortization of intangibles 62 72 189 220
Regulatory costs 61 32 190 156
Other expense 170 229 632 692
Total noninterest expense 3,105 3,014 9,143 8,906
Earnings        
Income before income taxes 895 1,737 4,400 4,785
Provision for income taxes 96 285 567 832
Net income 799 1,452 3,833 3,953
Preferred stock dividends and other 115 104 253 268
Net income available to common shareholders $ 684 $ 1,348 $ 3,580 $ 3,685
Earnings Per Common Share        
Basic EPS (in dollars per share) $ 0.57 $ 1.05 $ 2.92 $ 2.85
Diluted EPS (in dollars per share) $ 0.56 $ 1.04 $ 2.88 $ 2.82
Weighted Average Shares Outstanding        
Basic (in shares) 1,210,179 1,280,571 1,227,751 1,293,341
Diluted (in shares) 1,226,342 1,296,666 1,243,918 1,308,676
Wealth management income        
Noninterest Income        
Total noninterest income $ 407 $ 374 $ 1,152 $ 1,066
Card and treasury management fees        
Noninterest Income        
Total noninterest income 347 340 1,038 1,024
Investment banking and trading income        
Noninterest Income        
Total noninterest income 324 323 1,048 801
Other deposit revenue        
Noninterest Income        
Total noninterest income 125 125 365 350
Mortgage banking income        
Noninterest Income        
Total noninterest income 113 118 362 333
Lending related fees        
Noninterest Income        
Total noninterest income 120 103 358 297
Securities gains (losses)        
Noninterest Income        
Total noninterest income (1,447) 0 (1,447) (19)
Other income        
Noninterest Income        
Total noninterest income $ 95 $ 175 $ 405 $ 498